2022 Heisman Trophy Odds: Stroud Keeps No. 1 Spot, Williams Surges to No. 2

C.J. Stroud is still atop the Heisman Trophy betting board but USC's Caleb Williams is not far behind after throwing for 470 yards in a 48-45 victory over No. 16 UCLA. We break down the movement in our full Heisman Trophy odds update below.

Last Updated: Nov 20, 2022 3:21 PM ET Read Time: 5 min
Caleb Williams USC Trojans Pac-12 college football
Photo By - USA TODAY Sports

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 cashing their CFP National Championship odds opportunity last year, but the Buckeyes' star is once again in the mix with a SoCal quarterback and maybe the best running back in the nation. 

Where does the rest of the field sit? Find out with our latest look at the college football odds to win the Heisman Trophy for 2022.

Odds to win the Heisman Trophy

Live odds courtesy of FanDuel.

Favorites to win the Heisman Trophy

C.J. Stroud (-130)

Despite Ohio State missing out on the College Football Playoff, C.J. Stroud finished fourth in Heisman Trophy voting in 2021 as a redshirt freshman and is now once again well in the mix to win it this season. 

Despite starting slow against Notre Dame in Week 1, Stroud has been rolling with 2,771 yards and 33 TDs in the following 10 games — including four over Iowa's stingy secondary in Week 8 — and is back in the No. 1 spot to win the Heisman despite throwing for just 76 yards vs. Northwestern two weeks ago. 

Caleb Williams (+130)

Caleb Williams has impressed at nearly every stop this season, but his performance in USC's 48-45 victory over UCLA on Saturday has put Williams right in the mix to win his first Heisman Trophy. 

He threw for 470 yards and two TDs in what was an instant classic Pac-12 showdown. That brings his season totals to 3,480 (sixth in the nation) and 33 TDs (fourth). If the Trojans win out and Williams continues to ball, he could very easily be the one securing hardware at the season's end. 

Blake Corum (+1,400)

Michigan's Blake Corum has been maybe the most dominant non-QB in all of college football and as such, has made his climb up the Heisman board. 

In 11 games this season, the Michigan Wolverines back has racked up 1,457 rushing yards (third in the nation) and 18 TDs (second). Even more impressively, he's rushed for 100+ yards and has found the endzone at least once in every single Big Ten contest (8-0 in those games). 

However, a knee injury forced him out of Saturday's bout with Illinois and his status is up in the air ahead of The Game in Week 13 (at No. 2 Ohio State). His odds have taken a pretty serious hit to reflect that, moving from +500 to +1,400.

Best college football bonuses

Looking to bet on some college football action? Here are two of the best bonuses* available:

A) New users at FanDuel can get a no-sweat first bet of up to $1,000! Sign Up Now

B) New users at DraftKings can bet $5 and get $200 in free bets! Sign Up Now

*Eligible USA locations only. Also, check out our full list of College football promo codes for 2022.

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 winners by position

Position Heisman Trophy awards
Running back 40
Quarterback 36
Wide receiver 4
Tight end 2
Halfback 2
Fullback 2
Cornerback 1

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 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.

Winner Position School Year
Bryce Young QB Alabama 2021
Devonta Smith WR Alabama 2020
Joe Burrow QB LSU 2019
Kyler Murray QB Oklahoma 2018
Baker Mayfield QB Oklahoma 2017
Lamar Jackson QB Louisville 2016
Derrick Henry RB Alabama 2015
Marcus Mariota QB Oregon 2014
Jameis Winston QB Florida State 2013
Johnny Manziel QB Texas A&M 2012
Robert Griffin III QB Baylor 2011
Cam Newton QB Auburn 2010
Mark Ingram Jr RB Alabama 2009
Sam Bradford QB Oklahoma 2008
Tim Tebow QB Florida 2007
Troy Smith QB Ohio State 2006
Reggie Bush RB USC 2005
Matt Leinart QB USC 2004
Jason White QB Oklahoma 2003
Carson Palmer QB USC 2002

Heisman Trophy Odds FAQs

Pages related to this topic

Popular Content

Legal Canadian sports betting

Best Canadian betting sites Ontario sports betting
Covers 25 Years Logo Established in 1995,
Covers is the world
leader in sports
betting information.
Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo