Penn State and Michigan are two of the blue bloods in the Big Ten. These two historic schools have big games on the schedule this weekend. Penn State is looking to continue its perfect season against Indiana. Meanwhile, Michigan is trying to steal a win on the road in Wisconsin one week after looking beatable against Rutgers.

The Big Ten is wide open, but the East Division is absolutely loaded. Michigan and Penn State will be jockeying for a spot in the Big Ten Championship game. Oh, and did we mention that Ohio State is in the Big Ten East as well? Needless to say, Penn State and Michigan need to win this weekend.

Let’s take a deep dive into both matchups with a look at how to bet on both games with FOX Bet.

Betting 101 Week 5: How to Bet at FOX Bet

First let’s take a look at all the states where FOX Bet is currently available:

  • Michigan
  • New Jersey
  • Pennsylvania
  • Colorado

FOX Bet is one of the preferred destinations for sports bettors in the above states. They have a strong app with a variety of betting markets featuring competitive odds and a variety of game props.

FOX Bet is backed by the popular personalities of the FOX Sports brand. You might have seen in-game advertisements during telecasts on FOX Sports.

New players who sign up this week can get a $500 risk-free first bet in addition to a number of other promos.

How to Get FOX Bet

  • First, register and grab the FOX Bet app by clicking right here.
  • Following registration, make a first deposit by using any of its safe and efficient funding methods.
  • After the deposit is made, place a risk-free bet of up to $500 with the first-real money bet.

The $500 Risk-Free Bet

Let’s take a moment here to talk about FOX Bet’s $500 risk-free bet. This new-user promo is a great way for new players to kick off their account with a risk-free bet.

Register and make a deposit in the amount that you want to wager on your risk-free bet. Once you have money in your account, place your first bet risk-free up to $500.

Let’s say you want to place this risk-free bet on Michigan. The Wolverines are currently listed at +2 on the spread with a price of -110. A $500 bet on Michigan would pay out $954.55. That’s a profit of $454.55.

If it loses, FOX Bet will refund your account in site credit. It’s as simple as that.

Betting Against the Spread at FOX Bet

Let’s cover how to make a spread bet at FOX Bet by using this week’s Penn State vs. Indiana and Michigan vs. Wisconsin games.

Currently, Penn State is a 13-point favorite against Indiana in what is expected to be a blowout. Meanwhile, Michigan is +2 on the road against Wisconsin.

For Penn State bettors, they need the Nittany Lions to win by 14 points or more to win that bet. On the flip side, Michigan backers can lose by a point and still win. If the Wolverines win outright, Michigan +2 bettors will win as well.

If either game lands directly on the spread (Penn State wins by 13 or Michigan loses by 2), the game is considered a “push” and everyone gets their money back.

Making a Moneyline Wager

Making a moneyline wager is the most simple way to bet on college football. Instead of messing around with spreads, you are betting on either team to win outright. However, the odds vary based on who is the favorite.

Underdogs tend to pay out well while favorites aren’t even worth it at times. This week, Penn State is listed at -500 on the moneyline. That means bettors will need to wager $500 on the Nittany Lions to win $100. We don’t recommend betting on any team in this position. It takes a lot to win a little.

On the other hand, Michigan is listed at +105 on the moneyline. A $100 bet would win $105 for Michigan backers. Betting on this market as opposed to the spread just gives bettors the chance to win more.

Making a Parlay Pick

If you are looking to score big on Saturday, you might want to look at a parlay wager. This is a multi-bet wager that requires every leg of the parlay to win. For example, if you were to parlay Penn State -13 with Michigan +2, you would need both teams to cover the spread to win your parlay.

The rub here is that parlays can be massive paydays if you hit it right. Our Penn State-Michigan parlay example is listed at +264 odds. That means a $100 bet would net bettors a profit of $264.

Making a Pick for Penn State vs. Indiana at FOX Bet

Although Penn State hasn’t been perfect this year, their record would say otherwise. The Nittany Lions have found a way to win tough games early in the season. Now, they need to lay a beating on Big Ten rival Indiana.

With all that said, this is the perfect time for the dreaded trap game. Penn State is set for a top-five matchup with Iowa next weekend. Are they already looking ahead to that matchup?

They will probably have enough to win this game, but we like Indiana covering this double-digit spread.

Pick: Indiana +13

Making a Pick for Michigan vs. Wisconsin

Wisconsin is favored in this game despite the fact that they suffered a brutal loss to Notre Dame last weekend. Slowly but surely, Michigan is climbing in the top 25 rankings. They have a chance to secure a crucial win on Saturday and keep their undefeated season alive.

This will be a big test for the Wolverines. They struggled to beat Rutgers on their home field last weekend. Both teams are coming into this game after looking shaky last week.

With that in mind, we are going to take Michigan with the points. We don’t trust either team and for that reason, we are betting on the spread more than we are betting on Michigan.

Pick: Michigan +2

Grab FOX Bet and wager on Big Ten football this weekend with a $500 risk-free bet and plenty of odds boosts by clicking here.