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Penn State's season win total now 5 1/2

Oddsmakers think the NCAA sanctions and potential player defections were worth approximately 1.5 wins for Penn State.


Sportsbooks in Nevada and offshore took Penn State off the board after the NCAA hammered the Nittany Lions with a four-year postseason ban and severe scholarship reductions, among other penalties.

Cantor Gaming, which operates several prominent Las Vegas sportsbooks, had Penn State’s win total set at 6.5 before halting betting after Monday’s announcement. Mike Colbert, Cantor sportsbook director, said in an email that he would likely reopen the Nittany Lions with an adjusted number “after the smoke clears, probably around first week of August.”
5Dimes didn’t wait that long and re-opened the Nittany Lions’ adjusted season win total at 5.5, with the over juiced to -140 as of Thursday morning. Before the NCAA penalties, 5Dimes had the Nittany Lions at seven wins.
Penn State has a favorable early schedule with winnable home games against Ohio, Navy, and Temple. The Nittany Lions also get Big Ten dregs Northwestern and Indiana at home. Depending on which players decide to transfer from Penn State - star running back Silas Redd was reportedly considering leaving for Southern Cal - the Nittany Lions will likely be favored in each of the above five games. 
They also get Ohio State and Wisconsin at home and will likely be significant underdogs in those games. The Golden Nugget sportsbook in Las Vegas originally had the Buckeyes favored by three points against Penn State, but that number had risen to -10 since the sanctions.