"Hoke elects to punt instead of kick a FG to potentially go up 10. This is probably the right decision at the time, as you cannot foresee the pooch punt going bad and the defense giving up 80 yards in 23 seconds. In hindsight, it's terrible"
The ball was on the PSU 32, but with the penalty it was pushed back to the 37. If BG missed, PSU get's the ball at the hold spot. 32 is a 49 yard kick, 37 is 54 yard kick.