We're still a long way away from Week 0, but Heisman Trophy odds for the 2025 college football season are already here.
It's a QB-heavy early odds board, with Arch Manning and Garrett Nussmeier representing the SEC at the top.
Here is an early look at the college football odds to win the Heisman Trophy in 2025.
Heisman Trophy odds
| Player | Position |  |
|---|---|---|
 Arch Manning |
QB | +700 |
 Garrett Nussmeier |
QB | +800 |
 Cade Klubnik |
QB | +900 |
 Jeremiah Smith |
WR | +1300 |
 Drew Allar |
QB | +1400 |
| Julian Sayin |
QB | +1500 |
 DJ Lagway |
QB | +1800 |
 John Mateer |
QB | +1900 |
 LaNorris Sellers |
QB | +1900 |
 Dante Moore |
QB | +2000 |
Odds courtesy of FanDuel as of 6-17.
Heisman Trophy odds analysis
Unsurprisingly, the early Heisman odds for 2025 are dominated by quarterbacks — led by the much-hyped Arch Manning of Texas, followed by Garrett Nussmeier of LSU.
The highest non-QB on the board is Ohio State superstar WR Jeremiah Smith at +1300.
Popular college football futures markets
- CFP National Championship odds
- SEC championship odds
- Big Ten championship odds
- Big 12 championship odds
- ACC championship odds
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 nearly 25% of the tickets and 40% of the betting handle.
Jeremiah Smith is the second-most popular option at BetMGM. He's dropped from +1300 to +1000 after taking 15% of the tickets and 15.6% of the handle.
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
Texas QB Arch Manning is the betting favorite to win the Heisman, followed by LSU QB Garrett Nussmeier.
Colorado WR/CB Travis Hunter won the Heisman Trophy in 2024.
Quarterbacks have won 18 of the last 22 Heisman Trophies.
