The Heisman Trophy odds saw a massive shake-up following the Magnolia Bowl, as Ole Miss quarterback Trinidad Chambliss has vaulted to the top spot after beating LSU.
Miami QB Darian Mensah dropped one spot, while Mississippi State QB Kamario Taylor continues his climb from obscurity.
Let's look at the latest college football odds to win the 2026 Heisman Trophy.
Heisman Trophy odds
| Player |  Probability |
|---|---|
 Trinidad Chambliss |
19% |
 Darian Mensah |
15% |
 Kamario Taylor |
10% |
 Jeremiah Smith |
9% |
 Arch Manning |
7% |
 CJ Carr |
5% |
 Gunner Stockton |
5% |
| Malachi Toney |
4% |
 Jaden Baugh |
5% |
| Julian Sayin |
3% |
Odds as of 9-22. Percentages courtesy of Kalshi.
Kalshi is a regulated financial exchange where you trade on real-world event outcomes. Instead of traditional odds, prices are listed as percentages (0-100%), representing the market’s estimated probability of an event occurring.
Heisman Trophy favorites
Trinidad Chambliss (19%)
LSU-Ole Miss is an early frontrunner for Game of the Year, and the exploits of Trinidad Chambliss are one of the reasons why.
Chambliss tossed for a season-best 363 yards with two touchdowns, and ran for another score. Ole Miss is now No. 4 in the country and looking like a bonafide championship contender, which always helps the stock of any Heisman contender.
Darian Mensah (15%)
Darian Mensah's last two efforts were solid, but still much more muted than his 400-yard, five-TD day vs. Stanford in Week 1.
As a result, he's fallen down the board just a bit. Still, Miami is Top 10 in the nation and plays only one ranked opponent (Notre Dame) all year.
Kamario Taylor (10%)
Sensational sophomore Kamario Taylor has rocketed up the board over the last two weeks.
Taylor threw for four scores and 251 yards vs. South Carolina to open SEC play in Week 3. Mississippi State is suddenly ranked after years of toiling, and Taylor has been a major contributor.
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Heisman Trophy prediction
Demond Williams Jr. to win
Demond Williams Jr. has a lot more going for him than it seems at first glance.
He plays quarterback in the current standard-bearer conference in college football, the Big Ten. He threw for over 3,000 yards in 2025 with over 600 rushing yards added in, accounting for 31 total touchdowns.
Washington is ranked No. 17 to start the season and hosts rival Washington State on NBC in their opener, giving Williams Jr. a platform to throw himself into the Heisman conversation immediately.
The Huskies' schedule is back-loaded with Indiana and Oregon to close out the year. But you're getting a great buy-low opportunity here that could offer a solid cash-out option by November, if nothing else.
Pick made on 8-26.
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 trends
Here are a few trends to keep in mind for 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
Here's a look at the last 10 Heisman Trophy winners and their preseason odds via Sports Odds History.
| Year | Winner (Position) | School | Preseason Odds |
|---|---|---|---|
| 2025 | Fernando Mendoza (QB) | Indiana | +5500 |
| 2024 | Travis Hunter (CB/WR) | Colorado | +3500 |
| 2023 | Jayden Daniels (QB) | LSU | +1600 |
| 2022 | Caleb Williams (QB) | USC | +800 |
| 2021 | Bryce Young (QB) | Alabama | +800 |
| 2020 | Devonta Smith (WR) | Alabama | +10000 |
| 2019 | Joe Burrow (QB) | LSU | +20000 |
| 2018 | Kyler Murray (QB) | Oklahoma | +2000 |
| 2017 | Baker Mayfield (QB) | Oklahoma | +700 |
| 2016 | Lamar Jackson (QB) | Louisville | +10000 |
Odds are correct at the time of publishing and are subject to change.
Not intended for use in MA.
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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.
