Two of the more interesting bowl matchups on New Year's Day will take place in the Fiesta and Sugar Bowls, with Ohio State and Ole Miss set as the betting favorites. For full betting previews for the remaining bowl games head to OddsShark.com.

Fiesta Bowl: Notre Dame (10-2) vs Ohio State (11-1)

The Ohio State Buckeyes will look to extend a three-game series winning streak against the Notre Dame Fighting Irish when they meet in the Fiesta Bowl on Friday.

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The defending national champion Buckeyes are 6.5-point betting favorites and have gone 3-0 straight up and against the spread in the past three meetings with the Fighting Irish, who have also lost seven consecutive games in January.

Ohio State running back Ezekiel Elliott will not be suspended for this game despite being involved in a minor car accident with a suspended license on Sunday. Elliott was the driving force behind the team's run to the national title a year ago, and he rushed for 1,672 yards with 19 touchdowns this season.

Notre Dame has lost nine of its last 13 bowl games -- going 3-10 ATS -- but has covered the number in seven of 10 overall. The underdog has also gone 7-2 ATS in the past nine Fiesta Bowls.

Sugar Bowl: Oklahoma State (10-2) vs Ole Miss (9-3)

The 12th-ranked Ole Miss Rebels will try to win their fifth straight game during the month of January when take on the Oklahoma State Cowboys in the Sugar Bowl on Friday night.

The Rebels are seven-point favorites and have won four in a row in January with a 3-0-1 mark ATS, including a 21-7 victory against the Cowboys as 3.5-point underdogs in the Cotton Bowl after the 2009 season.

Ole Miss is 9-2 SU and 8-2-1 ATS in its last 11 bowl appearances overall and remains the only team to defeat the Alabama Crimson Tide, upsetting them 43-37 as nine-point road underdogs back on September 19.

Oklahoma State has lost two in a row following a 10-0 start and has failed to cover three straight. The Cowboys have won four of their past five bowl games, and they are 10-4 SU in their last 14 games after suffering consecutive losses.

The underdog has also won the last three Sugar Bowls, with Ohio State taking down Alabama 42-35 in the national semifinals of the 2015 College Football Playoff.