Heisman Trophy odds have reset for the 2021 college football betting season, with Alabama's DeVonta Smith becoming the first wide receiver to win the coveted award since 1991. Smith peaked at some books at -1,000 odds prior to the announcement.
2021's NCAA season will hopefully be a bit less erratic, including the odds to win the Heisman, which fluctuated violently in a season run amok by the COVID-19 pandemic.
As we turn the tables towards the offseason, let's take an early peek at the 2021 Heisman odds:
Favorite to win the Heisman Trophy
Oklahoma QB Spencer Rattler led one of the nation's best teams as a freshman, and oddsmakers are counting on his ascent to continue, currently leading Heisman odds at +550. Rattler threw for 2,784 yards and 25 TDs last season, piloting the Sooners to season-long Top-10 status.
Clemson's D.J. Uiagalelei currently sits second at +600. Uiagalelei had some high-profile burn in 2020, filling in while Trevor Lawrence was sidelined with COVID-19. He generally impressed, including almost leading the Tigers to an upset of rival Notre Dame.
Despite very limited reps backing up Mac Jones in the Alabama offense, Bryce Young displayed enough potential to be slotted into the No. 3 spot at +800. The product of an elite recruiting machine, Young comes with a high pedigree as a dynamic dual-threat, whose team is unlikely to fall from its perch among the NCAA's best.
Here are the current betting odds for the 2021 Heisman favorites, as of February 27, 2021.
Odds to win 2021 Heisman Trophy
|Jayden Daniels||Arizona State||QB||+3,300|
|C.J. Stroud||Ohio State||QB||+3,300|
|Matt Corral||Ole Miss||QB||+5,000|
|Breece Hall||Iowa State||RB||+5,000|
|Isaiah Spiller||Texas A&M||RB||+5,000|
|Master Teague||Ohio State||RB||+5,000|
|Max Borghi||Washington State||RB||+5,000|
|British Brooks||North Carolina||RB||+5,000|
|Dillion Gabriel||Central Florida||QB||+5,000|
|Hendon Hooker||Virginia Tech||QB||+5,000|
|Jack Miller III||Ohio State||QB||+5,000|
|Brock Purdy||Iowa State||QB||+5,000|
|Spencer Sanders||Oklahoma State||QB||+5,000|
Odds courtesy of DraftKings Sportsbook.
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 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. Swee what college football odds are offered at the best sportsbooks available where you live.