The points have only come into play 3 times this bowl season. If that's a large bet for you maybe throwing a little down(say 50-100) on the Ohio St. ML would not be such a bad idea just to cover yourself a little bit should Ohio St. pull off the upset. Otherwise you are sitting in a pretty good position getting 5/2 on a -220 Fav.
I'm thinking about hedging this game as well as I will finish 3rd place in a Bowl Pick'em pool IF Ohio St. covers the +6.5, which should pay around 700. If Oregon covers I'll end up out of the money. So probably going to put a couple hundred on the Ducks, rooting for the Bucks to cover to net out a nickle.