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The 52u means you can bet that they will score a combined total of under or over 52 points. The -7 and -6 1/2 is the spread. Im really not sure what the -10 is.
Believe or not, but the winner pays the juice in a Vegas sportsbook.
For instance, if I place a $100 wager on UT to cover and UT wins 31-13 my payout is $190.
Whereas the guy behind me put his $100 on USU, he's only out his $100.
So the sportsbook collected $200 on this game and paid out $190 leaving them a $10 profit. That's why they want even money placed on both sides. It gives them a 5% profit.