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  • 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.

Jump to: Heisman Favorites / Heisman Longshots

2023 Heisman Odds

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

Player Odds
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


Heisman Trophy Longshots

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

Year Player Position
2022 Caleb Williams Quarterback
2021 Bryce Young Quarterback
2020 Devonta Smith Wide Receiver
2019 Joe Burrow Quarterback
2018 Kyler Murray Quarterback
2017 Baker Mayfield Quarterback
2016 Lamar Jackson Quarterback
2015 Derrick Henry Running back
2014 Marcus Mariota Quarterback
2013 Jameis Winston Quarterback
2012 Johnny Manziel Quarterback
2011 Robert Griffin III Quarterback
2010 Cam Newton Quarterback
2009 Mark Ingram Jr Running back
2008 Sam Bradford Quarterback
2007 Tim Tebow Quarterback
2006 Troy Smith Quarterback
2005 Reggie Bush Running back
2004 Matt Leinart Quarterback
2003 Jason White Quarterback
2002 Carson Palmer Quarterback
2001 Eric Crouch Quarterback
2000 Chris Weinke Quarterback

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
Quarterback 19
Running back 3
All others 1

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:

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
Big 12 5
Pac-12 5
Big Ten 2

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.

Archived Heisman Trophy Odds: 2022, 2021, 2020, 2019, 2018