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|
|Jameis Winston||Florida State||2013|
|Johnny Manziel||Texas A&M||2012|
|Robert Griffin III||Baylor||2011|
|Mark Ingram Jr||Alabama||2009|
|Troy Smith||Ohio State||2006|
|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.