Real college football action is finally here, and along with it comes Heisman Trophy odds for the 2025 season.
Quarterbacks are dominating the early Heisman odds board, with Arch Manning and Garrett Nussmeier representing the SEC at the top. Cade Klubnik is the ACC's top choice, and the Big Ten clocks in with Jeremiah Smith, the only non-QB in the Top 15.
Here's our latest look at the college football odds to win the 2025 Heisman Trophy.
Heisman Trophy odds
| Player | Position |  |
|---|---|---|
 Arch Manning |
QB | +700 |
 Cade Klubnik |
QB | +900 |
 Garrett Nussmeier |
QB | +900 |
 Jeremiah Smith |
WR | +1200 |
 LaNorris Sellers |
QB | +1800 |
 Carson Beck |
QB | +1800 |
 Drew Allar |
QB | +1800 |
 Ty Simpson |
QB | +1800 |
| Julian Sayin |
QB | +2000 |
 DJ Lagway |
QB | +2000 |
 Sam Leavitt |
QB | +2000 |
 John Mateer |
QB | +2500 |
 Dante Moore |
QB | +2500 |
 Jackson Arnold |
QB | +2500 |
 Gunner Stockton |
QB | +2500 |
Odds last updated as of 8-23.
Popular college football futures markets
- CFP National Championship odds
- SEC championship odds
- Big Ten championship odds
- Big 12 championship odds
- ACC championship odds
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
BetMGM has taken all kinds of action on Arch Manning, and dropped him from an opening line of +900 to +600. Manning has received 16% of the tickets and nearly 22% of the betting handle.
Jeremiah Smith is the second-most popular option at BetMGM. He's dropped from +1300 to +1000 after taking 10.5% of the tickets and 9.5% of the handle.
Highest ticket percentage
• Arch Manning 16.0%
• Jeremiah Smith 10.5%
• Garrett Nussemeier 8.0%
Highest handle percentage
• Arch Manning 21.7%
• Garrett Nussmeier 11.1%
• Jeremiah Smith 9.5%
Biggest liabilities
• Arch Manning
• Jeremiyah Love
• Jeremiah Smith
Data courtesy of BetMGM.
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
Texas QB Arch Manning is the betting favorite to win the Heisman, followed by Cade Klubnik and Garrett Nussmeier.
Colorado WR/CB Travis Hunter won the Heisman Trophy in 2024.
Quarterbacks have won 18 of the last 22 Heisman Trophies.
