Penn State Nittany Lions 2023-2024 NCAAF Season Betting/Odds Preview

caleb tallman
Caleb Tallman
NCAA Football Sports News


  • Looking at the Nittany Lions’' most interesting betting odds and lines available at PA gambling sites going into the 2023-2024 NCAAF season.
  • Analyzing the Nittany Lions 2022-2023 results, looking at their ATS record and other betting trends.
  • Taking a look at the team overall as a whole and their strength and weaknesses going into the season, plus their pre-season depth chart.

The Penn State Nittany Lions are coming off an excellent 11-2 season, where their only two losses were to teams that played in the College Football Playoff. Even just a little improvement may see the Nittany Lions go from a bridesmaid to a bride, with many liking Penn State as a College Football Playoff dark horse candidate.

The biggest question mark entering the season for the Nittany Lions is the quarterback position after the graduation of longtime starter and fan favorite Sean Clifford. Now all eyes are on Drew Allar, a 5-star recruit, who is a physical specimen at 6-5, 240 lbs. Many in the Lion fanbase thought Allar should have been given the keys to the offense last season. Well, coming into this season, it is all Allar's, and he is the guy who is supposed to bring Penn State from conference championship contender to national championship contender.

We will also take a look at some of the most interesting odds and lines for the Nittany Lions available at Pennsylvania online sportsbooks. Don't stop reading now, as this will give Penn State fans and Pennsylvania sports bettors alike the down low on this year's team. 

Reviewing the Nittany Lions 22-23 ATS Record & Betting Trends

The Nittany Lions were a great game-to-game bet for PA sports bettors, going 9-4 against the spread last season. This upcoming season should be another good one in that respect for PSU. Especially with a more aggressive and able pass in Drew Allar, it will give Penn State a better chance to cover in games where they are heavily favored.

The season is going to be a big one for head coach James Franklin, who is looking to finally break through and show that his team and his coaching capability are strong enough to compete with the likes of Ryan Day at Ohio State and Jim Harbaugh at Michigan.

Franklin did win one Big Ten championship in his time at PSU, but the Nittany Lions have not competed for the conference crown regularly and have not come close to sniffing the college football playoff since its inception. Big game blunders and struggles against elite competition have been a calling card for Franklin, but overall from a betting angle, his Nittany Lions are an excellent team to bet on in a game by games basis, especially last season.

Notable Nittany Lions 22-23 Betting Trends

  • PSU was 11-2 as a team and a solid 9-4 against the spread last season. 
  • Penn State was 4-0 ATS as an away favorite.
  • The Lions were 8-2-1 overall ATS as a favorite.
  • The Nittany Lions went 3-1 in non-conference games ATS and 6-2-1 in conference games.
  • PSU was 2-1 ATS versus ranked opponents.
  • The Nittany Lions ATS trend was their 1-1 record when an underdog. 
  • A longtime PSU trend win and cover as a favorite but struggle slightly when an underdog.

Nittany Lions Team Depth Chart Projection

Offensive Depth Chart

QB: Drew Allar, Beau Pribula, Jaxon Smolik

Allar is supposed to be the guy to lead Penn State to greater heights, and he has all the tools to do it. The one minor concern is the depth in the Lion's quarterback room, as Allar in his backup Beau Pribula are both going into their second years and are the most veteran players at the position.

RB: Nicholas Singleton, Kaytron Allen, Trey Potts, Cam Wallace

They are potentially the best running back combo in the entire conference. Allar will have a fantastic run game to lean on which should help him work his way into comfort leading the team

WR: Dante Cephas, Harrison Wallace III, KeAndre Lambert-Smith, Omari Evans, Malik, McClain, Liam Clifford

While the receiving room graduated its top three pass catchers from last season, there is a ton of talent in the two deep still. It is headlined by Kent State Transfer Dante Cephas, who is a proven commodity at the college level with almost 2,000 receiving yards over the last two seasons. While KeAndrea Lambert-Smith is a big play three, too, after averaging over 16 yards per catch last season.

TE: Theo Johnson, Tyler Warren

Theo Johnson is a big play threat down the season after averaging 16+ on over 20 catches last season, and he will likely see an increase in his target share this year.

LT: Olumuyiwa Fashanu, Drew Shelton

LG: Landon Tengwall, JB Nelson

C: Hunter Nourzad, Nick Dawkins

RG: Sal Wormley, Olaivavega Ioane

RT: Caedan Wallace, Ibrahim Traore

One of the best lines, not just in the Big Ten but the entire country, that will protect a young Allar while paving 4-lane highway-sized holes for an already elite group of running backs.

Defensive Depth Chart

DT: Hakeem Beamon, Dvon Ellies, Zane Durant, Jordan Van Dan Berg

EDGE: Chop Robinson, Adisa Isaac, Dani Dennis-Sutton, Amin Vanover

Coming off a season where the Nittany Lions led the Big Ten in sacks, the D-line group should be one of the best in the conference again.

MLB: Kobe King, Tyler Elsdon

OLB: Curtis Jacob, Abdul Carter,, Keon Wylie, Dominic DeLuca, Tony Rojas

A unit that still needs to come along some but has the talent to do so, with some physical freaks.

CB: Kalen King, Johnny Dixon, Cam Miller, Elliot Washington, Audavion Collins

S: Jaylen Reed, Keaton Ellis, Zakee Wheatley, Kevin Winston Jr., Tyrece Mills

While the secondary needs to overcome some losses, there is still a ton of talent in the back end. Kalen King will be a leader as another potential future NFL corner in the mold of the guys that have come before him, like Joey Porter Jr. and many more.

Special Teams Depth Chart

K: Alex Felkins, Sander Sahaydak

P: Riley Thompson

LS: Tyler Duzansky

What could play huge for Penn State in the upcoming season is special teams, as the Nittany Lions will break in a new kicker and punter in 2023. At the same time, Riley Thompson looks like the guy to take over at punter. Often the forgotten phase of the game, having strong special teams newcomers could be the difference between third in the Big Ten East or a College Football Playoff Contention.

Most Interesting Nittany Lions Betting Odds for the Upcoming NFL Season

Coming in the NCAAF season, the Nittany Lions have some exciting and potentially profitable betting lines/odds. We share the best value odds for several different futures bets available on PA sports betting apps. The PA BetMGM Sportsbook has the Nittany Lions at +2500 to win the National Championship. Listed below are some of the other best-value futures odds and lines for online Pennsylvania sports betting.

  • +600 to win the ACC at PA PointsBet Sportsbook.
  • +470 to win the Big Ten East at Pennsylvania FanDuel Sportsbook.
  • Over (-145) / Under (+115) 9.5 wins at Pennsylvania Caesars Sportsbook.
  • Drew Allar +5000 to win the Heisman at FanDuel Sportsbook.

A huge sports fan; locally, many know me as the guy who does the PA for our high school football team on Friday nights. Having grown up in Michigan, I am a sports fan of all the Detroit teams, and at the college level, I love Michigan State sports. I have covered sports betting, iGaming and casino industry news for many well known websites.