The 2026 Heisman Trophy odds have already seen plenty of ups and downs, even months ahead of the first games of the season.
Arch Manning and CJ Carr have see-sawed for the early favorite's role, and now find themselves in a tie at +800. Rounding out the Top 3 is Trinidad Chambliss, who was off the board in the very early wagering in this market prior to officially winning a legal battle for another year of eligibility.
Below are the latest college football odds to win the 2026 Heisman Trophy.
Heisman Trophy odds
| Player | Position |  |
|---|---|---|
 CJ Carr |
QB | +800 |
 Arch Manning |
QB | +800 |
 Trinidad Chambliss |
QB | +1000 |
 Josh Hoover |
QB | +1200 |
 Julian Sayin |
QB | +1200 |
 Dante Moore |
QB | +1200 |
| Jeremiah Smith |
WR | +1300 |
 Darian Mensah |
QB | +1300 |
 Gunner Stockton |
QB | +1600 |
 Brendan Sorsby |
QB | +2000 |
Odds from FanDuel, one of our best betting sites. Sign up with our FanDuel promo code, or get one of our other sportsbook promos.
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2026 Heisman Trophy opening odds
- Arch Manning +800
- CJ Carr +800
- Jeremiah Smith +1000
- Julian Sayin +1000
- Josh Hoover +1200
- Gunner Stockton +1200
- Sam Leavitt +1200
- Marcel Reed +1500
- Jayden Maiava +1600
- Dylan Raiola +1600
Odds courtesy of FanDuel.
Heisman Trophy winners by position
| Position | Heisman Trophy Awards |
|---|---|
| Running back | 40 |
| Quarterback | 39 |
| 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 20 years, with 16 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 five seniors to win the Heisman in the last 20 years.
Heisman Trophy history
| Year | Winner (Position) | School |
|---|---|---|
| 2025 | Fernando Mendoza (QB) | Indiana |
| 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 |
Heisman Trophy Odds FAQs
CJ Carr is favored to win the Heisman Trophy.
Indiana QB Fernando Mendoza won the Heisman Trophy in 2025.
Quarterbacks have won 16 of the last 20 Heisman Trophies.
