College Football Heisman Trophy Odds for 2025: Nussmeier Favored After Manning Flop

Arch Manning took a tumble down the Heisman Trophy odds board after a rough Week 1 loss. Garrett Nussmeier of LSU is now seen as the QB to beat.

Robert Criscola - Betting Analyst at Covers.com
Robert Criscola • Betting Analyst
Sep 1, 2025 • 14:00 ET • 4 min read
Heisman Trophy odds Garrett Nussmeier of LSU
Photo By - Imagn Images. Garrett Nussmeier of LSU in NCAAF action.

The Heisman Trophy odds saw a huge shift in Week 1, with Arch Manning of Texas falling precipitously from his perch as the betting favorite after losing to Ohio State.

Garrett Nussmeier is now drawing the shortest odds after beating Cade Klubnik mano-a-mano.

Here's our latest look at the college football odds to win the 2025 Heisman Trophy.

Heisman Trophy odds

Player Position FanDuel
LSU Garrett Nussmeier QB +800
South Carolina LaNorris Sellers QB +1000
Miami Carson Beck QB +1100
Georgia Gunnar Stockton QB +1200
Clemson Cade Klubnik QB +1400
Oklahoma John Mateer QB +1600
Ohio State Jeremiah Smith WR +1700
Texas Arch Manning QB +1800
Auburn Jackson Arnold QB +1800
Arizona State Sam Leavitt QB +1800

Odds as of 9-1.

2025 Heisman Trophy opening odds

  • Garrett Nussmeier +900
  • Arch Manning +950
  • Cade Klubnik +1100
  • Drew Allar +1100 
  • Nico Iamaleava +1100
  • Jeremiah Smith +1700
  • Carson Beck +1800
  • Julian Sayin +1800
  • Dante Moore +2000
  • LaNorris Sellers +2000

Odds courtesy of FanDuel.

Heisman Trophy betting insights

BetMGM has taken all kinds of action on Arch Manning, and dropped him from an opening line of +900 to +600. Manning has received 16% of the tickets and nearly 22% of the betting handle.

Jeremiah Smith is the second-most popular option at BetMGM. He's dropped from +1300 to +1000 after taking 10.5% of the tickets and 9.5% of the handle.

Highest ticket percentage
•    Arch Manning 16.0%
•    Jeremiah Smith 10.5%
•    Garrett Nussemeier 8.0%

Highest handle percentage
•    Arch Manning 21.7%
•    Garrett Nussmeier 11.1%
•    Jeremiah Smith 9.5%
 
Biggest liabilities
•    Arch Manning
•    Jeremiyah Love
•    Jeremiah Smith

Data courtesy of BetMGM.

Heisman Trophy winners by position

Position Heisman Trophy Awards
Running back 40
Quarterback 38
Wide receiver 4
Tight end 2
Fullback 2
Halfback 2
Cornerback 2

Running backs won the Heisman Trophy 11 straight times from 1973 to 1983.

Heisman Trophy betting trends

Here are a few trends to keep in mind before placing a bet on the biggest individual award of the college football season.

  • Quarterbacks have dominated this award over the last 23 years with 18 Heisman winners playing under center.

  • The Heisman trophy winner usually comes from a team with a shot at winning the national title, even though it is a regular season award. Since 2000, 14 Heisman trophy winners have played for teams that made it to the national championship game. If you're handicapping the Heisman, you might want to consider looking at which teams have the best chance of winning the title on the NCAA futures odds board.

  • Even though DeVonta Smith won the Heisman in 2020, he is one of only four seniors to win the Heisman in the last 17 years. Over that span, two freshmen, five sophomores, and six juniors have claimed the prize.

Heisman Trophy history

Year Winner (Position) School
2024 Travis Hunter (CB/WR) Colorado
2023 Jayden Daniels (QB) LSU
2022 Caleb Williams (QB) USC
2021 Bryce Young (QB) Alabama
2020 Devonta Smith (WR) Alabama
2019 Joe Burrow (QB) LSU
2018 Kyler Murray (QB) Oklahoma
2017 Baker Mayfield (QB) Oklahoma
2016 Lamar Jackson (QB) Louisville
2015 Derrick Henry (RB) Alabama

Heisman Trophy Odds FAQs

Pages related to this topic

Robert Criscola - Covers.com
Betting Analyst

Robert M. Criscola’s road to becoming a Covers publishing editor began with an internship at Metro New York, which eventually turned into a freelance job at MetroBet covering many sports from a wagering angle, including horse racing. He continued to focus on “The Sport of Kings” by writing for shapperdacapper.com, danonymousracing.com, and informer.fanxt.com before joining the team at the TwinSpires Edge in 2019 as a regular contributor and weekend editor. “Crisco” began writing game previews for Covers in 2022 and joined the editing team in 2023.

His best advice for sports bettors? Bet with your head, not over it.

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