2024 Heisman Trophy Odds: Gabriel Grabs Lead With Start of Season Approaching

Last year's Heisman Trophy odds race took many twists and turns once defending winner Caleb Williams of USC fell out of contention midway through the campaign. It was Jayden Daniels of LSU that ultimately emerged victorious in the college football odds over Michael Penix Jr. of Washington and Bo Nix of Oregon.

Heisman odds for 2024 have hit the board at most sportsbooks and are starting to see some movement. Let's see how the early betting on this popular NCAAF futures market is shaping up.

Odds to win 2024 Heisman Trophy

Player/Team
Dillon Gabriel	+750
Carson Beck	+800
Quinn Ewers	+1,000
Jaxon Dart	+1,400
Jalen Milroe	+1,500
Will Howard	+1,500
Nico Iamaleava	+1,600
Garrett Nussmeier	+2,200
Cam Ward	+2,200
Riley Leonard	+2,500

Odds as of 7-25.

BACK TO TOP

Player/Team
Dillon Gabriel	+700
Carson Beck	+750
Quinn Ewers	+1,000
Jaxon Dart	+1,400
Jalen Milroe	+1,400
Will Howard	+1,400
Nico Iamaleava	+1,400
Garrett Nussmeier	+1,800
Cam Ward	+1,800
Riley Leonard	+2,000

Odds as of 7-25.

BACK TO TOP

Player/Team
Dillon Gabriel	+750
Carson Beck	+800
Quinn Ewers	+900
Jalen Milroe	+1,200
Will Howard	+1,400
Nico Iamaleava	+1,400
Jaxon Dart	+1,400
Garrett Nussmeier	+1,400
Cam Ward	+2,000
Riley Leonard	+2,000

Odds as of 7-25.

2024 Heisman Trophy odds update

7-25-2024: After opening as the third choice just weeks after the National Championship Game, Dillon Gabriel (+750) has assumed command of the favorite's role in the Heisman odds betting. The former Oklahoma Sooner and current Oregon Ducks signal caller leads Carson Beck (+800) and Quinn Ewers (+1,000) narrowly.

Understanding Heisman Trophy odds

Most sportsbooks will display odds in the American format as listed above. When Caleb Williams separated from the Heisman Trophy pack at the end of the 2022 season, his odds had a minus (-) sign ahead of the number. 

• Caleb Williams (-1,600)

That meant that a bettor had to wager $1,600 to win $100 by betting on Williams. Since this year's race is in the earliest stages, there is no odds-on favorite, and candidates currently have a (+) sign in front of their number.

• Drake Maye (+1,000)

Here, a bettor stands to profit $1,000 for every $100 wagered on Maye. 

If American odds aren't your thing, simply use a tool like our odds converter to switch the odds to decimal or fractional format. Most online sportsbooks also give you the option to change the odds format that you see.

Heisman Trophy winners by position

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 college football's biggest individual award.

• Quarterbacks have dominated this award over the last 22 years with 18 Heisman winners playing under center. Only one non-skill position player has ever won this prestigious trophy (Charles Woodson in 1997) and the last wide receiver to take home the award prior to DeVonta Smith was Desmond Howard in 1991.

• The Heisman trophy winner usually comes from a team with a shot at winning the national title. Since 2000, 14 Heisman trophy winners have played for teams that made it to the national championship game (including Reggie Bush, who later had his trophy vacated for breaking NCAA rules). 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.

• Historically, seniors dominated this award. But even though DeVonta Smith won the Heisman in 2020, he is one of only four seniors to win the Heisman in the last 16 years. Over that span, two freshmen, five sophomores, and five juniors have claimed the prize.

Heisman Trophy history

Heisman Trophy Odds FAQs

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