Penn State Odds: Latest NCAA Betting on Football & Basketball
Stay updated with the latest Penn State NCAA betting odds. Our experts provide insights on the latest football and basketball odds, as well as tournament futures.
Collegiate sports are rapidly becoming just as popular as professional leagues, which means the betting markets are growing just as quickly. To help take full advantage of that, this article will outline the Penn State betting odds for a variety of different futures markets, and even some player prop options.
Whether you’re interested in Penn State odds to win the National Championship in football, Penn State odds to win the NCAA tournament in basketball or anything for that matter, we have you covered. We’ll also outline best sports betting sites for you to enjoy all these Penn State odds. So, sit back and enjoy as we take you through everything revolving around Penn State betting odds.
🏈 Penn State Nittany Lions Football Week 1 Game Odds
The Nittany Lions will begin their 2024 campaign on the road in Morgantown against West Virginia. The Nittany Lions' odds are not available yet on DraftKings Sportsbook, but as we get closer to August, check back in.
🏈 Penn State Nittany Lions vs. West Virginia Mountaineers Money Line Odds
The Penn State money line odds against West Virginia on DraftKings Sportsbook are not available yet, but closer to August, they will be available.
🏈 Penn State Nittany Lions vs. West Virginia Mountaineers Spread Odds
The Penn State spread odds against West Virginia on DraftKings Sportsbook aren't available yet; they will be available closer to August for the new season.
🏈 Penn State Nittany Lions Football Odds: Futures Markets
Below we have provided several Penn State football odds when it comes to different future markets. This includes Penn State odds to win the National Championship, Big Ten Conference and more.
🏈 Penn State Nittany Lions College Football National Championship (NCAAF) Winner Odds
The Penn State odds to win the national championship are +2500 at DraftKings Sportsbook in 2024. Compared to the rest of the country, these Penn State football odds are at the top-12 sandwiched between Clemson and Notre Dame.
Penn State has the fourth-highest odds among Big 10 teams behind Ohio State, Oregon, and Michigan. If Penn State can get through that gauntlet of teams, they'll be in great shape to bring a national championship to Happy Valley.
🏈 Penn State Nittany Lions Big Ten Winner Odds
The Penn State odds to win the Big Ten Championship are +300 at BetMGM Sportsbook. They are third on the betting board behind the Ohio State Buckeyes and Michigan Wolverines.
Similar to the Penn State odds to win the National Championship, the Nittany Lions are going to need to beat both Ohio State and Michigan. If they cannot beat one or both of these teams, it is unlikely they will be able to win the Big Ten title.
🏈 Penn State Nittany Lions Big Ten East Winner Odds
Penn State betting odds to win the Big Ten East division are +425 at DraftKings Sportsbook. This may sound like a broken record, but once again it is true that the Nittany Lions will likely need to beat Ohio State and Michigan to capture the crown.
Unfortunately for them, the Big Ten East is stacked with all of the better teams in the conference, whereas the West division would have been much easier to navigate.
🏈 Penn State Nittany Lions Odds to Make the College Football Playoff
Penn State football odds to make the College Football Playoff entering the season were +2400 at FanDuel Sportsbook. With the expanded playoffs having not been introduced yet, it certainly makes things tougher for Penn State. They will not be able to afford to lose to both Ohio State and Michigan, as teams with two losses rarely get selected.
For a chance at the playoffs, the Nittany Lions will need to beat at least one of their rivals. This is likely the only way they will have a real chance at the playoffs, but their odds are far from the longest.
🏈 Penn State Nittany Lions Season Win Totals Odds: Over/Under Market (9.5)
The Penn State win total for this season was set at 9.5 by Caesars Sportsbook. The over has odds of -140, while the under has odds of +120. Assuming the Nittany Lions were to lose to Ohio State and Michigan, they will just need to win every other game to hit the over here.
They did so during the 2022-23 season, ending with a 10-2 record, so there is reason to believe a similar outcome is in store, making the over worth a potential bet.
🏈 Drew Allar Heisman Trophy Odds (+30000)
Drew Allar, the Penn State QB, has odds of +30000 to win the Heisman per DraftKings Sportsbook. Allar is a sophomore and had very limited playing time as a freshman, though he did make an appearance in 10 games last season. Allar completed 35 of his 60 passes for 344 yards and had 4 touchdowns with no interceptions.
As the starter this season, Allar will need to step up in the big games and will likely need to post huge numbers to even be considered for this award. That being said, he is likely not worth a bet for the Heisman this season until we see more from him and the Penn State offense.
💻 Best Penn State Nittany Lions Betting Sites
Now that we’ve gone through the Penn State football odds, we’ll have the Penn State basketball odds coming up next. But before that, we want to make sure you’re able to take care of all your betting needs at the best college football betting sites.
Below, you’ll see banners for our top five options, each of which provide a generous sign-up bonus to get started. When you use any of the links or banners in this article, you’ll automatically enroll, so now is the time to get started!
🏀 Penn State Nittany Lions Basketball Odds: Futures Markets
Below we have listed the Penn State basketball odds for some of the popular futures markets. These include the Penn State odds to win March Madness, make the Final Four and more.
🏀 Penn State Nittany Lions College Basketball National Championship (NCAAB) Winner Odds (+100000)
The Penn State odds to win March Madness are +100000 at BetMGM Sportsbook. The Nittany Lions had a ton of talent leave, either to the NBA or just because of graduation. This certainly impacts their chances to win the National Championship. Even still, March Madness has proven to be the most upset-heavy postseason in sports, so the Penn State odds to win the NCAA tournament are never out of the question.
🏀 Penn State Nittany Lions Big Ten Winner Odds
At this time, no Penn State basketball odds are available for the Big Ten Conference winner. That being said, the Nittany Lions were able to advance to the Big Ten Championship last season, where they lost to the Purdue Boilermakers by a score of 67-65.
🏀 Penn State Nittany Lions Odds to Make the NCAAB Final 4 (+5000)
The Penn State basketball odds to make the Final Four are +5000 at DraftKings Sportsbook. The Nittany Lions were able to earn an at-large bid to the NCAA Tournament this past season, and advanced to the round of 32. However, they lost to the Texas Longhorns by a score of 71-66. This season, we expect another tournament bid and maybe a win or two in the NCAA tournament, but the Final Four may be a bit of a stretch.
🏆 Wooden Award Odds
Unfortunately, there isn’t a Nittany Lion listed as an available candidate for the Wooden Award, so there are not any Penn State odds in that department.
🔢 How to Bet on Penn State Nittany Lions
Whether you’re looking to target the Penn State odds to win March Madness, a player prop or something else altogether, the guide below will help you get started at each of the sportsbooks we shared above:
- Navigate to the sportsbook of your choice
- Sign up for a new account following the on-screen instructions
- After creating your account, head to the homepage
- Find “NCAAF” or “NCAAB”
- Locate the market you want to bet on
- Click on the Penn State odds you want to wager on
- In your bet slip, enter the amount you want to wager
- Click “Place Bet”
Betting on Penn State Nittany Lions in Pennsylvania
Sports betting in the state of Pennsylvania became legal in 2019 and now contains 13 different online sportsbooks that can be used to wager on Penn State odds to win the NCAA tournament, or odds of anything you enjoy betting on.
How to Read Penn State Nittany Lions Betting Odds & Calculate Winnings
In order to bet on the Penn State odds, you will first need to know how to read odds. This may seem daunting, but below we have provided some examples to give you some of the basics.
The first example will be odds such as -200. This generally indicates a favorite for the bet you are making. This also means that you would need to bet $20 to win a profit of $10. A second example would be something like +140. The plus sign in front of the odds indicates that this particular bet is the “underdog.” In this case, you could bet less and win more, so betting $10 would profit $14.
Future bets generally have plus-money odds. In this case, the shorter odds, say +500, would be the favorite, while +3000 would be considered a longshot.
FAQs
❓ What Factors Can Influence Penn State Nittany Lions Odds?
Injuries are a big factor that can influence the Penn State odds. If one or more star players go down, it could dramatically change their odds for games or futures.
❓ Do Penn State Nittany Lions Odds Change Throughout the Season?
Yes, the Penn State betting odds can and will change based on things like injuries or their current opponent.
❓ What Trends & Statistics Should I Consider When Analyzing Penn State Nittany Lions Odds?
The trend you will need to consider for the Nittany Lions when analyzing their odds is their record against the Ohio State Buckeyes and Michigan Wolverines. This will be the biggest factor in their pursuit for a title in most sports.
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