2021 Heisman Trophy Odds: Young, Corral The Clear Betting Favorites

Heisman Trophy odds have shifted considerably after six weeks of college football action. While several of the preseason contenders are still in the mix, Alabama QB Bryce Young and Ole Miss' Matt Corral are the clear favorites.

Posted: Oct 11, 2021 9:32 AM ET Updated: Oct 11, 2021 9:32 AM ET Read Time: 4 min
Bryce Young Alabama Crimson Tide college football
Photo By - USA TODAY Sports

Heisman Trophy odds are heating up with the college football betting season five weeks in, following Alabama's Devonta Smith becoming the first wide receiver to win the award since 1991. 

This NCAA season should be more stable than last year, although the top of the Heisman Trophy betting board has seen more flip-flops than a spring break beach party. 

See who currently has the best odds to win the Heisman, heading into Week 7 of college football action, with a look at the latest 2021 Heisman odds. 

Odds to win 2021 Heisman Trophy

Odds above are up-to-date and reflect the Covers Line, an average comprised of odds from multiple sportsbooks.

Compare NCAAF futures odds before betting to ensure you get the best number.

Favorite to win the Heisman Trophy

Despite very limited reps backing up Mac Jones in the Alabama offense, Bryce Young entered this season with a strong pedigree and has immediately shown why, sitting as the Heisman favorite at +175. Young has connected on 69.4 percent of his passes so far for 1,734 yards, 20 touchdowns (third in the nation), and three picks.

Second on the board is Ole Miss junior — and the potential first QB taken in the NFL Draft — Matt Corral at +200. A Heisman dark horse heading into the season, Corral opened at +2,500 but has vaulted up to the second spot after connecting on 69.2 percent of his passes for 1,497 yards with 12 passing TDs, zero interceptions, and eight rushing scores as well — including a huge bounce-back win 52-51 win over Arkansas last week after getting crushed by Alabama in Week 5.

Ohio State freshman QB C.J. Stroud has performed admirably in replacing Justin Fields, throwing for 1,699 yards, 18 TDs, and just three picks, and is third on the odds board at +700.

The first non-QBs on the board round out the Top 5, where Michigan State RB Kenneth Walker III (912 yards, 7.1 ypc, nine TDs) and Texas RB Bijan Robinson (789 yards, 6.3 yards per carry, eight TDs) — who sit first and third in the nation in rushing — are both at +1,200.

Understanding Heisman Trophy odds

Most sportsbooks will display odds in the American format as listed above. When DeVonta Smith separated from the Heisman Trophy pack at the end of the 2020 season, his odds had a minus (-) sign ahead of the number. 

  • Devonta Smith -1,000

That meant that a bettor in January had to wager $1,000 to win $100 by betting on Smith. 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.

  • Spencer Rattler +300

Here, a bettor stands to profit $300 for every $100 wagered on Rattler. 

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 17 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 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 schools, and the position they played.

Heisman Trophy Winner School Year
Devonta Smith Alabama 2020
Joe Burrow LSU 2019
Kyler Murray Oklahoma 2018
Baker Mayfield Oklahoma 2017
Lamar Jackson Louisville 2016
Derrick Henry Alabama 2015
Marcus Mariota Oregon 2014
Jameis Winston Florida State 2013
Johnny Manziel Texas A&M 2012
Robert Griffin III Baylor 2011
Cam Newton Auburn 2010
Mark Ingram Jr Alabama 2009
Sam Bradford Oklahoma 2008
Tim Tebow Florida 2007
Troy Smith Ohio State 2006
Reggie Bush USC 2005
Matt Leinart USC 2004
Jason White Oklahoma 2003
Carson Palmer USC 2002
Eric Crouch Nebraska 2001
Chris Weinke Florida State 2000

Where can I bet on Heisman Trophy odds?

Since the Heisman Trophy is one of the most iconic individual awards in the sporting world, most online sportsbooks and casinos offer futures bets on who will win the Heisman Trophy. See what college football odds are offered at the best sportsbooks available where you live. 

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