2023 Heisman Trophy Odds Tracker – Caleb Williams Favored to Repeat
- College Football Heisman Trophy odds have been released for the 2023 NCAAF season
- Reigning winner Caleb Williams is the favorite in the Heisman betting odds
- Track the 2023 Heisman odds for the favorites and longshots throughout the year
The Heisman Trophy is college football’s most prestigious award, being awarded annually to the most outstanding player in the sport. This page tracks the Heisman odds, averaging out the futures available at major online sportsbooks.
Last year’s winner Caleb Williams is currently the +550 favorite in the Heisman odds. No other college football player has better odds than +1200, indicating this Heisman race is as wide open as ever.
The graphs below show the movement in the Heisman odds for favorites and longshots. Underneath the odds, find analysis and historical Heisman trends to help you place a bet.
USC quarterback Caleb Williams is currently the +500 favorite to win the Heisman Trophy, meaning he has 15% implied probability to win the award for the second straight year. There is only one college player in history who has won the Heisman twice (Archie Griffin, 1974 & 1975).
While Williams is facing an uphill battle to repeat as the winner, there are some intriguing longshots in this year’s Heisman race. Quarterbacks Quinn Ewers (+1200), Jayden Daniels (+1200) and Jordan Travis (+1400) are all starting for teams projected to have breakout seasons in 2023.
Heisman Favorites 2023
|Caleb Williams (QB, USC)||+500|
|Jayden Daniels (QB, LSU)||+1000|
|Jordan Travis (QB, Florida State)||+1200|
|Quinn Ewers (QB, Texas)||+1200|
|Cade Klubnik (QB, Clemson)||+1400|
|Michael Penix Jr. (QB, Washington)||+1600|
|J.J. McCarthy (QB, Michigan)||+1800|
|Bo Nix (QB, Oregon)||+1800|
|Drake Maye (QB, North Carolina)||+1800|
|Carson Beck (QB, Georgia)||+1800|
|Sam Hartman (QB, Notre Dame)||+1800|
|Kyle McCord (QB, Ohio State)||+1800|
|Drew Allar (QB, Penn State)||+2500|
|Joe Milton (QB, Tennessee)||+2500|
|Marvin Harrison Jr. (WR, Ohio State)||+3000|
|Conner Weigman (QB, Texas A&M)||+4000|
|Dillon Gabriel (QB, Oklahoma)||+4000|
|Spencer Rattler (QB, South Carolina)||+5000|
|Jalen Milroe (QB, Alabama)||+5000|
|KJ Jefferson (QB, Arkansas)||+5000|
|Blake Corum (RB, Michigan)||+5000|
|Brock Bowers (TE, Georgia)||+6000|
Odds as of August 2, 2023, at FanDuel Sportsbook.
- Jul 17: UNC’s Drake Maye continues to slide in the Heisman odds, as he’s now sitting as a +1700 longshot bet after opening at +1000.
- May. 1: Williams has faded from +425 to +500 following spring practice, while LSU’s Jayden Daniels has improved from +2000 to +1750.
- Jan. 10: No surprise here. Reigning Heisman-winner Caleb Williams has opened as a sizable favorite to repeat in 2023.
2023 Heisman Trophy Public Betting Splits
TO BE ADDED.
Making Heisman predictions is quite difficult, as preseason longshots have a tendency to win the college football MVP award. For instance, recent winners Kyler Murray (2018), Joe Burrow (2019), and Devonta Smith (2020) were either off the board entirely or extreme longshots before their respective Week 1 games.
Who Usually Wins the Heisman Trophy?
Lately, quarterbacks. Since the year 2000, a staggering 19 of the 23 Heisman winners have been signal callers. Alabama receiver Devonta Smith bucked a four-year trend of Heisman QB winners in 2020, but since then, the two most recent winners have been pivots.
Heisman Trophy Winners Since 2000
|2020||Devonta Smith||Wide Receiver|
|2015||Derrick Henry||Running back|
|2011||Robert Griffin III||Quarterback|
|2009||Mark Ingram Jr||Running back|
|2005||Reggie Bush||Running back|
Before Devonta Smith’s win in 2020, the last Heisman to go to a non-QB/RB was Charles Woodson in 1997. Before that, it was Desmond Howard in 1991, then Johnny Rodgers (who was kind of a running back) in 1972, and then Notre Dame end Leon Hart in 1949.
Looking at Heisman winners since 2020, it’s clear that running backs and receivers are facing an uphill battle. This Heisman trend suggests there’s an 83% chance the 2023 Heisman winner will be a quarterback.
|Position||# of Heisman Trophies Since 2000|
Where Can You Bet on the Heisman Trophy?
Every major sportsbook in the country offers NCAA futures odds, which always include the Heisman Trophy odds. Bettors may notice that some sites take their Heisman odds down on Saturdays while games are being played. Don’t panic. They will be back once oddsmakers have had to time reflect on the day’s results and adjust accordingly.
The main list of legal sportsbooks offering Heisman futures odds in 2023 is as follows:
- FanDuel Sportsbook (see available FanDuel Sportsbook promo codes)
- Barstool Sportsbook (see available Barstool Sportsbook promo codes)
- BetMGM (see available BetMGM promo codes)
- DraftKings Sportsbook (see available DraftKings Sportsbook promo codes)
- Caesars Sportsbook (see available Caesars Sportsbook promo codes)
- BetRivers (see available BetRivers Sportsbook promo codes)
Heisman Trophies by Conference
The SEC and Big Ten have dominated the top preseason top-25 favorites lately. But while the SEC has actually followed through with their Heisman Trophy candidates lately, the Big Ten has only produced two winners since 2000 and none since 2006 (Troy Smith, Ohio State).
|Conference||Heisman Trophies since 2000|
If the 2023 Heisman odds actually hold true and Caleb Williams repeats as the winner, the Pac-12 will move into second place on the list of Heisman trophies by conference.
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