Nico Herron knocked down Aaron Opelt's 2-point conversion pass in the second overtime and No. 25 Fresno State held on to beat Toledo 55-54 on Saturday night.
Toledo coach Tom Amstutz decided to go for the win after the Rockets (1-2) scored on Opelt's 3-yard touchdown pass to tight end John Allen on fourth down to make it a one-point game.
Opelt was pressured on the final play and forced the ball into coverage.
In the first overtime, the Rockets needed just two plays to jump in front 48-41.
Receiver Nick Moore caught a lateral and then threw a strike to a leaping Stephen Williams at the 1. Opelt then dove over for a 1-yard for a touchdown.
Tom Brandstater answered with his fourth touchdown pass, a 6-yard throw to Isaac Kinter that tied it at 48-48.
The Bulldogs (2-1) from the Western Athletic Conference got the ball first in the second overtime and took just three plays to go in front 55-48. Anthony Harding's 23-yard run took the ball to the 2 and Brandstater then dove in on a 1-yard sneak.
Toledo's Alex Steigerwald sent it into overtime with a 33-yard field goal with 15 seconds left.
Fresno State could do little right early on and looked like it was still thinking about last week's disappointing loss to No. 8 Wisconsin that crushed the Bulldogs' BCS bowl hopes.
But in the second half, the Bulldogs scored the first four times they had the ball. Brandstater finished 22-of-28 for 231 yards
They appeared to take control after going ahead 41-31 with 10 minutes left when Brandstater's 39-yard touchdown pass to Marlon Moore bounced twice off a Toledo cornerback Desmond Marrow before landing in Moore's hands.
But Fresno State, which held Wisconsin to 13 points a week ago, couldn't stop Toledo of the Mid-American Conference.
Stephen Williams caught a 44-touchdown pass with 3:07 left and the Rockets then recovered an onside kick, giving them the ball at their own 43.
They quickly drove down field, setting up Steigerwald's tying kick.
The Bulldogs had no answer for Toledo's running game.
DaJuane Collins ran for 138 yards and two touchdowns before leaving with an injured left ankle. His backup, freshman Morgan Williams, ran for 143 yards and one score.
Collins had 103 yards in the first half alone against a defense that had allowed only 130 yards per game on the ground in their first two games against Rutgers and Wisconsin.
Fresno State's offense had just 98 yards in the first half before coming alive.