This is a tough one. First of all the point spread is all over the place. When I looked earlier in the week UW was a 10 or 9.5 point favorite everywhere, but by today the spreads vary from 9.5 down to 8 depending on where you look. The o/u has stayed pretty much the same at 48.5. Who knows where the spread will be by tomorrow. My guess is that the injury to Borland has something to do with the variance. If he plays then UW's defense is vastly improved. For the purpose of this exercise I will use 8.5 as the spread, as that is the most common, by a little.
I'm now 5-3 overall (2-2 on picks, 3-1 on o/u). I like UWs chances to shut down Iowa, even on the road. If Borland doesn't play then that goes out the window though. Iowa's defense will be one of the better UW has faced. They rank 12th in the country in scoring defense at 18.1 per game. I think at home they will do enough to slow down UW's offense. If I were putting money on this game I would pass, or at least wait until I knew if Borland was playing. For the purposes of this exercise I'm taking UW minus the points, and the under. I'm going to bank on Borland playing which allows the UW defense to dominate, and UW wins 24-10.