There was a tie atop the Heisman Trophy odds heading into Week 12 between Julian Sayin of Ohio State and Fernando Mendoza of Indiana, but the latter has leapt to a clear solo lead over the last two weeks.
Further down the board, Notre Dame's Jeremiyah Love and Vanderbilt's Diego Pavia are making headway, but they're running out of time to track down Mendoza with the Heisman Trophy ceremony scheduled for December 13.
Let's look at the latest college football odds to win the 2025 Heisman Trophy.
Heisman Trophy odds
| Player | Position |  |
|---|---|---|
 Fernando Mendoza |
QB | -125 |
 Julian Sayin |
QB | +400 |
 Jeremiyah Love |
QB | +450 |
 Diego Pavia |
QB | +500 |
 Marcel Reed |
QB | +1300 |
Odds as of 11-24.
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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
Line Movement (opening to current)
-
Fernando Mendoza +5500 to -105
-
Julian Sayin +2000 to +400
-
Diego Pavia +12500 to +600
-
Marcel Reed +4000 to +1300
-
Jeremiah Smith +1300 to +25000
-
Ty Simpson +5500 to +50000
-
Dante Moore +2000 to +50000
-
Arch Manning +900 to Off the board
Most Tickets
- Jeremiah Smith 8.2%
- Jeremiyah Love 7.0%
- Arch Manning 6.9%
Most Handle
- Ty Simpson 14.8%
- Dante Moore 11.5%
- Fernando Mendoza 7.1%
Biggest Liabilities
- Jeremiyah Love
- Ty Simpson
- Jeremiah Smith
Data courtesy of BetMGM as of 11-24.
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
Fernando Mendoza is the betting favorite to win the Heisman Trophy.
Colorado WR/CB Travis Hunter won the Heisman Trophy in 2024.
Quarterbacks have won 18 of the last 22 Heisman Trophies.
