Heisman Trophy odds were tight for much of the 2021 season, with Alabama quarterback Bryce Young being crowned the winner after battling with Ohio State freshman signal-caller C.J. Stroud.
Stroud and Ohio State missed out on a National Championship opportunity last year, but the Buckeyes' star leads the early 2022 Heisman Trophy betting odds with Young right on his tail and looking to win it back.
Where does the rest of the field sit? Find out with our latest look at the 2022 odds to win the Heisman Trophy.
Odds courtesy of FanDuel, as of May 4, 2022.
Favorites to win the Heisman Trophy
C.J. Stroud (+200)
Despite Ohio State missing out on the College Football Playoff, Stroud finished fourth in Heisman Trophy voting in 2021 as a redshirt freshman and now sees himself as the favorite to win it this season. He threw for 44 touchdowns (third in the nation), 4,435 yards (fifth), completed 71.9% of his passes (fourth), and had just six interceptions.
The Buckeyes are one of the early favorites to compete for the national title, and with six starters expected to return on offense, it's easy to see why Stroud is the favorite in the early 2022 Heisman odds board. Stroud leapfrogged Bryce Young jumping from +350 to +200 while Young fell from +300 to +400.
Bryce Young (+400)
After taking the reins from Mac Jones, who went to the NFL, sophomore QB Bryce Young claimed Alabama's second straight Heisman — and is second in betting favorites to keep the trophy in Tuscaloosa for a third consecutive year. If successful, Young would be only the second person to win multiple Heisman trophies (with the other being Archie Griffin in 1974 and 1975).
Young finished second in the nation with 4,872 passing yards and 47 touchdowns — while throwing just seven interceptions — as the Crimson Tide went 13-2, claimed the SEC title, and advanced to the CFP National Championship.
While the Tide fell short in the national title game, that motivation for Young & Co. to win the championship in 2022 — as the early betting favorites to win the National Championship — has Young as one of the top favorites to repeat.
Caleb Williams (+850)
Williams had an impressive year as a true freshman for Oklahoma. First, he came in midway and led a massive comeback win against Texas. Then he usurped preseason Heisman favorite Spencer Rattler and went 5-2 as a starter for the Sooners, throwing 21 TDs against just four interceptions, and leading 11-2 OU to a win in the Alamo Bowl over Oregon.
Now that the question of where he will play has been answered — he followed former head coach Lincoln Riley to USC — expectations are understandably high for Williams, even if he's considered a distant third in early betting odds.
D.J. Uiagalelei (+3,000)
Settling in alongside Dart and Van Dyke is Uiagalelei, who returns to Clemson for his junior season after a difficult 2021 that saw him throw more interceptions (10) than touchdowns (nine). A "best shape of his life" narrative is already in the works as he's apparently slimmed down to 240 pounds this offseason and is looking to shed a few more pounds.
Tyler Van Dyke (+3,000)
Van Dyke entered last season as the backup QB to D'Eriq King but took over after King suffered a season-ending injury in late September. The redshirt freshman went 5-2 in his seven games as a starter, throwing for 2,931 yards, 25 touchdowns (against six interceptions), and winning ACC Rookie of the Year honors.
The No. 3 QB out of the 2020 high school recruiting class (behind D.J. Uiagelelei and C.J. Stroud), Van Dyke got better as the season went on and will be leading a Hurricanes offense that is expected to return five starters at skill positions.
The U isn't expected to be a national title contender... but if Van Dyke lives up to his promise and delivers a big year, having the Hurricanes in the conversation could elevate Van Dyke into the Heisman running alongside the likes of Young and Stroud.
Jaxson Dart (+3,000)
Dart rounds out the top betting favorites after being nowhere close to the top of the board a month ago, but he'll be locked in as a starting QB at his new school.
With Williams at USC, Dart has transferred to Mississippi. Dart takes over for Matt Corral, who is entering the 2022 NFL Draft. As a freshman with USC, Dart threw for 1,353 yards with nine touchdowns and five interceptions while completing 61.9% of his passes in parts of six games.
He primarily served as Kedon Slovis' backup and eventual injury replacement. He threw for 391 yards on 30 for 46 passing with four touchdowns and two interceptions in his debut performance. An impressive debut, Dart also sustained a torn meniscus, which forced him out of action for more than a month.
Understanding Heisman Trophy odds
Most sportsbooks will display odds in the American format as listed above. When Bryce Young separated from the Heisman Trophy pack at the end of the 2021 season, his odds had a minus (-) sign ahead of the number.
- Bryce Young -4,700
That meant that a bettor had to wager $4,700 to win $100 by betting on Smith. Since this year's race is in the earliest stages, there are no odds-on favorite, and candidates currently have a (+) sign in front of their number.
- C.J. Stroud +360
Here, a bettor stands to profit $360 for every $100 wagered on Stroud.
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 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 20 years with 16 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 three seniors to win the Heisman in the last 14 years. Over that span, two freshmen, four sophomores, and five juniors have claimed the prize.
Heisman Trophy history
A quick look at recent Heisman trophy winners, their position, and the school they played.
|Jameis Winston||QB||Florida State||2013|
|Johnny Manziel||QB||Texas A&M||2012|
|Robert Griffin III||QB||Baylor||2011|
|Mark Ingram Jr||RB||Alabama||2009|
|Troy Smith||QB||Ohio State||2006|
Heisman Trophy Odds FAQs
Ohio State QB C.J. Stroud is the preseason Heisman favorite in 2022, available at +200.
Alabama QB Bryce Young won the Heisman Trophy in 2021.
Quarterbacks have won 16 of the last 20 Heisman Trophies.