heisman-trophy-odds

John Korduner/Icon Sportswire

Author: Anthony Vlahovic

Last Updated: 15 September, 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.

While there is a fair share of quarterbacks who look primed to take the award back for the position in 2025-26, Ohio State wideout Jeremiah Smith may have a lot to say about that. Now that the season is officially underway, fans can stay up to date on all odds movement from the top sportsbooks throughout the entire campaign.

2025 Heisman Trophy - Best Odds

Player

Opening Odds

Current Best Odds

John Mateer

+2500

+900 (FanDuel)

Carson Beck

+1800

+900 (DraftKings)

Dante Moore

+2000

+1300 (FanDuel)

Gunner Stockton

+3300

+1500 (DraftKings)

Joey Aguilar

N/A

+1600 (DraftKings*)

Garrett Nussmeier

+900

+1700 (FanDuel)

Jeremiah Smith

+1700

+1800 (Caesars)

Julian Sayin

+1800

+1800 (Caesars)

Marcel Reed

+4000

+1800 (Caesars)

Devon Dampier

+10,000

+2000 (DraftKings*)

Jackson Arnold

+5500

+2200 (Caesars*)

Ty Simpson

+5500

+2500 (DraftKings)

Drew Allar

+1100

+2800 (Caesars)

Thomas Castellanos

+6000

+2800 (DraftKings)

Behren Morton

+25,000

+3000 (FanDuel)

Fernando Mendoza

+5500

+3500 (DraftKings)

Arch Manning

+950

+3500 (FanDuel*)

Jayden Maiava

+6000

+3500 (DraftKings)

Beau Pribula

+10,000

+4500 (DraftKings)

Haynes King

+9000

+4500 (FanDuel)

Sawyer Robertson

+6000

+4500 (FanDuel)

Josh Hoover

+40,000

+5000 (DraftKings)

Sam Leavitt

+3300

+5500 (FanDuel)

CJ Carr

N/A

+8000 (Caesars)

Jeremiyah Love

+5000

+8000 (FanDuel)

Cade Klubnik

+1100

+10,000 (FanDuel*)

LaNorris Sellers

+2000

+10,000 (FanDuel)

Odds as of September 15, 2025

* = the same odds are offered by multiple sportsbooks.

2025 Heisman Trophy Odds Comparison - Top10 Contenders

Player

FanDuel

DraftKings

Caesars

Carson Beck

+800

+900

+850

John Mateer

+900

+800

+800

Gunner Stockton

+1100

+1500

+1300

Jeremiah Smith

+1200

+1400

+1800

Dante Moore

+1300

+1200

+1100

Marcel Reed

+1600

+1500

+1800

Julian Sayin

+1600

+1500

+1800

Joey Aguilar

+1600

+1600

+1600

Garrett Nussmeier

+1700

+1300

+1200

Devon Dampier

+2000

+2000

+1600

*Odds as of September 15, 2025

Current Favorites

John Mateer: Breaking any record set by a former Oklahoma quarterback is quite impressive, and in his first game as the Sooner quarterback, John Mateer broke a record set by Baker Mayfield. After lighting up an FCS opponent in Week One, Mateer led his team to a win over Michigan, as he threw for 270 yards and one touchdown. Coming off the big win, the Sooner QB added another score through the air and on the ground against Temple, giving him 944 passing yards and eight total touchdowns on the season.

Carson Beck: The last time we saw Carson Beck, he was getting injured in the College Football Playoff, while the Georgia fanbase was turning on him. Instead of entering the draft after a rocky year, Beck decided to take over the QB duties at Miami following Cam Ward's departure. Beck's intro to the Hurricane faithful could have gone better, as he threw for 205 yards and two touchdowns in a big win over Notre Dame. Following that victory, Beck has thrown for five more touchdowns over his past two games, including three over USF.

Dante Moore: It's looking more and more like Dante Moore made the right decision leaving UCLA and sitting behind Dillon Gabriel last season. Coming off the Ducks' first conference win, in which Moore threw for 178 yards and a touchdown, the gun-slinger now has a 7:1 touchdown-to-interception ratio and 657 passing yards.

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 illustrates how savvy bettors can capitalize on markets 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 have won the Heisman Trophy twice, accomplishing this feat 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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Editor: Anthony Vlahovic

A former professional baseball player who has had his finger on the pulse of sports betting since 2016.

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