Penn State Odds & Best Bets

Lance PattonPromotions Creator & Editor
Last Updated: Jul 20, 2023

The Penn State Nittany Lions haven’t been able to break through Ohio State and Michigan, but with a fresh face at quarterback and a ton of returning production on both sides of the ball – this is the best chance in recent memory for the Nittany Lions to knock off the Wolverines or Buckeyes and get into the Big Ten Championship.

Read more below on Penn State’s odds, best bets, and predictions for this season.

Penn State Betting Odds

Keep track of the best school name nickname betting lines for the college football season:

Penn State Futures Lines

Penn State Preseason Lines

Penn State odds used in this report are current as of date and time, at the sportsbook(s) cited.

Penn State: Win National Championship (+2200)

bet365 Sportsbook

It would take a massive leap forward for Penn State to compete for a National Championship, but if Drew Allar is as good as advertised, it’s a possibility.

The Nittany Lions will have one of the top defenses in the country and should take a step forward in the second year under DC Manny Diaz. James Franklin has stressed the importance of NIL and the portal in the media and has made a couple of key additions including receiver Dante Cephus from Kent State.

This team might not be ready for a National Championship run quite yet, but they could break through and this price could be worth a sprinkle.

Penn State: Win Big Ten Championship (+575)

Caesars Sportsbook

Penn State is a sleeper team to Win the Big Ten – which simply means teams not named Michigan and Ohio State – and at this price, it could be worth a flyer.

However, the Big Ten East will again be stacked, and even if Penn State can get through the division – the Big Ten West could present problems.

The Nittany Lions get Michigan at home but do have to go on the road to Ohio State. They also drew Iowa from the Big Ten West, who is always a tough team to beat and should be improved this year.

If Penn State takes a big step forward, it’s possible, but the Big Ten remains a two-horse race until proven otherwise.

Penn State Best Prop Bets

Penn State Over 9.5 Wins (-145)

BetMGM Sportsbook • WAGER: 1 unit(s)

Even assuming a loss to Michigan and Ohio State, Penn State would still reach this number – and I think they’ll give both of those teams a game this season which would create more wiggle room.

The non-conference schedule is laughably bad, and outside of the game at home against Iowa – which will be a “White Out” and one of the toughest places to play all season – Penn State’s Big Ten schedule consists of mostly bottom feeders as well.

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Lance Patton

Lance Patton is the Promotions Creator & Editor for The Game Day and also creates content for the NFL, college football, and college basketball. Before joining The Game Day, Lance did freelance work for a variety of sports betting websites as well as covering the Iowa Hawkeyes for FanSided.

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