John Korduner/Icon Sportswire
Author: Anthony Vlahovic
Last Updated: 04 June, 2025
2025 Heisman Trophy Odds
Quarterbacks have dominated Heisman Trophy voting for quite some time, but with his impressive season on both sides of the ball, Travis Hunter became the first non-QB to win the award since DeVonta Smith in 2020 and just the second non-QB or RB since 1997.
With the 2024-25 season wrapped up, college football fans can already start sinking their teeth into 2025 Heisman odds, which have been released on all major sportsbooks. While there is a fair share of quarterbacks who look primed to take the award back for the position, Ohio State wideout Jeremiah Smith may have a lot to say about that. Well, from now until the end of the 2025 Heisman race, fans can stay up to date on all odds movement from the top sportsbooks.
2025 Heisman Trophy - Best Odds
Player | Opening Odds | Current Best Odds |
|---|---|---|
Arch Manning | +950 | +700 (FanDuel*) |
Garrett Nussmeier | +900 | +900 (DraftKings*) |
Cade Klubnik | +1100 | +1400 (DraftKings) |
Jeremiah Smith | +1700 | +1400 (DraftKings) |
Drew Allar | +1100 | +1600 (FanDuel) |
Julian Sayin | +1800 | +1500 (Bet365*) |
Dante Moore | +2000 | +1800 (FanDuel*) |
DJ Lagway | +2500 | +2500 (DraftKings) |
LaNorris Sellers | +2000 | +2200 (FanDuel) |
Carson Beck | +1800 | +2500 (FanDuel) |
Nico Iamaleava | +1100 | +8000 (FanDuel) |
John Mateer | +2500 | +3500 (DraftKings) |
Gunner Stockton | +3300 | +3500 (FanDuel) |
Ryan Williams | +3500 | +4000 (FanDuel*) |
Austin Simmons | +3300 | +3500 (DraftKings) |
Sam Leavitt | +3300 | +4000 (DraftKings) |
Odds as of May 14, 2025
* = the same odds are offered by multiple sportsbooks.
2025 Heisman Trophy Odds Comparison - Top10 Contenders
Player | |||
|---|---|---|---|
Arch Manning | +700 | +700 | +700 |
Garrett Nussmeier | +900 | +900 | +850 |
Cade Klubnik | +900 | +1400 | +1000 |
Jeremiah Smith | +1300 | +1400 | +1200 |
Julian Sayin | +1300 | +1500 | +1500 |
Drew Allar | +1600 | +1000 | +1400 |
D.J Lagway | +1700 | +2500 | +2000 |
Dante Moore | +1800 | +1800 | +1200 |
LaNorris Sellers | +2200 | +2000 | +1800 |
Carson Beck | +2500 | +2200 | +2000 |
*Odds as of May 14, 2025
Current Favorites
Arch Manning: The time has come for Arch Manning to step into the spotlight as the true starter for the Texas Longhorns. In his few starts and additional snaps, Manning threw for 939 yards and nine touchdowns while also picking up four more touchdowns on the ground. Manning's dual-threat ability will add another layer of excitement to the Texas offense after Quinn Ewers, and while expectations are sky-high, Manning looks ready to answer the call.
Garrett Nussmeier: The LSU Tigers may have fallen short of the College Football Playoff, but at the very least, they are getting quarterback Garrett Nussmeier back, who many believe is the #1 QB in his draft class. In his first full season as the starter, Nussmeier threw for 4,052 yards and a 29:12 TD-to-INT ratio. If Nussmeier can continue to elevate his game while also bringing LSU into the playoff, he should be able to stick around the top of the odds board all season.
Cade Klubnik: They may not have had a deep run in the CFP, but Clemson will have one of the most experienced and talented quarterbacks in the country next season. After throwing for 19 touchdowns during the 2023 season, Cade Klubnik threw for 36 this season to go along with 3,639 yards. Aside from the fact that Klubnik rarely makes mistakes through the air, he has also been able to dominate opponents on the ground, as he rushed for 463 yards and seven touchdowns this past season.
Past Heisman Trophy Winners & Odds
Season | Player (Position, School) | Opening odds | Mid-season odds |
|---|---|---|---|
2024 | Travis Hunter (WR/CB, Colorado) | +6500 | +650 |
2023 | Jayden Daniels (QB, LSU) | +1700 | +1300 |
2022 | Caleb Williams (QB, USC) | +800 | +700 |
2021 | Bryce Young (QB, Alabama) | +900 | +150 |
2020 | DeVonta Smith (WR, Alabama) | +10000 | +5000 |
2019 | Joe Burrow (QB, LSU) | +20000 | +300 |
2018 | Kyler Murray (QB, Oklahoma) | +2000 | +250 |
2017 | Baker Mayfield (QB, Oklahoma) | +700 | +700 |
2016 | Lamar Jackson (QB, Louisville) | +10000 | -200 |
2015 | Derrick Henry (RB, Alabama) | +2500 | +1615 |
2014 | Marcus Mariota (QB, Oregon) | +500 | +250 |
September surges and October ghosts: Why early favorites often fade
For some players, a Heisman campaign does not start during a season; it starts the year before. Late-game heroes and a strong bowl game can kick-start a Heisman campaign for the following season, allowing media outlets to run with the story and generate a lot of hype for a player who hasn’t quite put it all together yet.
Sometimes players do end up living up to the expectations. However, for every player like that, five other players garnered a lot of media attention for the award over the summer and during non-conference play, only to collapse during conference play and not even be mentioned during award conversations by Week 7 or 8.
Take a player like Kenny Hill from Texas A&M back in 2014. Hill was taking over for Johnny Manziel, and after starting the season with 11 touchdowns and no interceptions, he had the third-best odds on the board at (+700). Between the hype and numbers, Hill was garnering more attention at that point than eventual winner Marcus Mariota.
Hill took that hype into SEC conference play, though, and after posting a 6:6 touchdown-to-interception ratio from week six to eight, he faded into the background and was benched. This example shows where savvy bettors can capitalize on the market and inflation driven by hype.
Heisman Trophy History, Trends, and Pointers
Travis Hunter became the first two-way player to win the Heisman in the award's history.
The Heisman winner has come from the SEC in four of the last six seasons.
Johnny Manziel and Jameis Winston are the only freshmen to ever win the Heisman trophy.
Archie Griffin is the only player to ever win the Heisman twice, as he won it in 1974 and 1975.
Jayden Daniels, who won the 2023 Heisman, did not become the favorite to win the award until December 2nd of that season.
DeVonta Smith was the first non-QB or RB to win the award since Charles Woodson in 1997.
Since 2018, the pre-season favorite to win the Heisman has not actually won the award.
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