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Heisman

Odds

ODDS

Spencer Rattler - Oklahoma

+550

JT Daniels - Georgia

+700

Bryce Young - Alabama

+1000

CJ Stroud - Ohio State

+1100

D.J. Uiagalelei - Clemson

+1100

Matt Corral - Ole Miss

+1400

Sam Howell - UNC

+1600

D'Eriq King - Miami

+2000

Kedon Slovis - USC

+2000

Bijan Robinson - Texas

+2200

Emory Jones - Florida

+2500

Breece Hall - Iowa State

+2800

Brock Purdy - Iowa State

+2800

Graham Mertz - Wisconsin

+2800

Jayden Daniels - Arizona State

+2800

Desmond Ridder - Cincinnati

+3300

Kyren Williams - Notre Dame

+3300

McKenzie Milton - FSU

+3300

Brian Robinson Jr. - Alabama

+4000

Anthony Brown - Oregon

+5000

Dorian Thompson-Robinson - UCLA

+5000

Isaiah Spiller - Texas A&M

+5000

John Metchie III - Alabama

+5000

Malik Willis - Liberty

+5000

Michael Penix Jr. - Indiana

+5000

Mohamed Ibrahim - Minnesota

+5000

Bo Nix - Auburn

+6600

Dillon Gabriel - UCF

+6600

Grayson McCall - Coastal Carolina

+6600

Kayvon Thibodeaux - Oregon

+6600

Tank Bigsby - Auburn

+6600

Tyler Shough - Texas Tech

+6600

Derek Stingley Jr. - LSU

+8000

Carson Strong - Nevada

+10000

Jordan Addison - Pitt

+10000

Zay Flowers - Boston College

+10000

Seasoned college football bettors know that the Heisman Trophy odds can change frequently. This situation means the preseason odds can vary significantly from the closing odds and even during the regular season.

Predicting which player will give them the best value for their bet can be a challenge for newbie bettors. After all, many Heisman Trophy winners from 2010 to 2020 did not come from the Top 10 players in the preseason odds set by oddsmakers.

Knowing the betting unpredictability of the Heisman odds, bettors may still prefer to be informed. This is so they can make objective betting decisions to minimize their risks while still keeping their winning chances reasonably high.

MaximBet.com discusses strategies and how to place Heisman Trophy bets so bettors will know how to improve their betting chances. This article also lists the past winners and historical betting odds so bettors can compare how they will place their bets.

For help regarding college football betting or sports betting in general, MaximBet.com has a 24/7 chat service for your questions.

How to Read the Heisman Trophy Odds

Heisman Trophy bets are a type of futures bets. Unlike team-focused bets, Heisman odds are centered around individual players.

For example, the Heisman Trophy odds in July 2021 showed that Oklahoma quarterback Spencer Rattler was at +600 odds. This means you could win $600 for every $100 staked if you bet on Rattler and he won the title.

It is also possible for the odds to be in the negative. For example, in the 2017 Heisman odds, Baker Mayfield had closing odds of -1800. If you bet on Mayfield, you would have paid $1,800 to win $100.

Here are examples of the odds of other finalists for the 2021 Heisman Trophy (as of August 2021):

  • D.J. Uiagalelei (Clemson Tigers) +750
  • Bryce Young (Alabama Crimson Tide) +900
  • JT Daniels (Georgia Bulldogs) +1200
  • Sam Howell (North Carolina Tar Heels) +1400
  • C.J. Stroud (Ohio State Buckeyes) +1400
  • D’Eriq King (Miami Hurricanes) +2000
  • Kedon Slovis (USC Trojans) +2800
  • Bijan Robinson (Texas Longhorns) +2800
  • Jayden Daniels (Arizona State Sun Devils) +3500
  • Matt Corral (Ole Miss Rebels) +2000
  • Brock Purdy (Iowa State Cyclones) +3500
  • Brian Robinson Jr (Alabama Crimson Tide) +3500
  • Jack Miller III (Ohio State Buckeyes) +4000
  • Breece Hall (Iowa State Cyclones) +4000
  • Casey Thompson (Texas Longhorns) +4000
  • Emory Jones (Florida Gators) +4000
  • Desmond Ridder (Cincinnati Bearcats) +5000
  • Max Johnson (LSU Tigers) +5000
  • Master Teague III (Ohio State Buckeyes) +5000

Place your Heisman Trophy bets and other college football bets with MaximBet.com. We strive to provide you with the sharpest betting odds that will offer you a great value for your stake.

Useful Strategies When Betting The Heisman

Consider Not Only Preseason Top Players

One great strategy when betting on the Heisman odds is not to focus only on the top players set by oddsmakers during the preseason.

Consider betting on longshots as well. They may also be profitable ventures for college football sports betting.

One misinterpretation of the Heisman Award is that a player had to come from an established and reputable program to even be considered one of the greatest and outstanding players.

However, the general betting public should not view the Heisman Trophy contenders the way political parties view their own candidates.

In other words, contenders who are in the top running to become Heisman winners in the preseason odds may not necessarily be the actual Heisman Trophy winners.

A good example would be the preseason odds before the 2019 college football season.

During that season, Clemson’s Trevor Lawrence and Alabama’s Tua Tagovailoa became the faces of two of the most dominant college football programs. This situation made it clear to some bettors that they would be included among the preseason favorites.

However, for experienced sports bettors, the only thing this situation did was inflate the players’ odds. The result was that neither won the award, which instead went to LSU’s Joe Burrow.

As another example, of the 10 Heisman winners from 2010 to 2019, eight of them did not belong to the Top 10 contenders in the preseason bets.

Go for the Quarterbacks and Running Backs

From 1950 to 2020, there were only four Heisman winners who were not quarterbacks or running backs. In that same period, there were a total of 32 QBs and 34 RBs who won the Heisman Trophy.

Meanwhile, from 2011 to 2020, eight of the 10 Heisman winners were QBs. The two non-QB players were running back Derrick Henry in 2015 and wide receiver Devonta Smith last year in 2020.

Based on these historical stats, you may have a higher chance to win a Heisman bet if you place your stakes on either QBs or RBs. Your chances are even likely higher if you bet on QBs, according to the 2011-2020 record.

This does not mean to say you have to completely ignore other positions. There may be some merit in betting on players whose positions are neither QB nor RB. For example, the 2020 Heisman winner Devonta Smith was a wide receiver.

However, it is yet to be seen if this new development will continue or if the QBs and RBs will still dominate the rankings in the future.

Pay Attention to the Player’s Team

Although the Heisman Trophy is supposedly an award for individual players, the award also reflects the quality of the program and the strength of the team to which the player belongs.

Bettors should consider not only the player but the team and program of which the player is a part when placing Heisman Trophy bets.

For example, the Indiana Hoosiers or the Notre Dame Fighting Irish have had a few players who won the Heisman Trophy. In that case, consider looking into their team roster for potential candidates as well.

Focus on players who come from teams contending for the national championship. These players are likely to become champions in their respective conferences, such as the Big 12, ACC (Atlantic Coast Conference), Midwest, Pac-12, or SEC (Southeastern Conference).

Even if you bet on the player you think is the most talented among everyone else, but the player belongs to a team unlikely to reach a college football playoff or major bowl game, the chances of that player winning the Heisman are slim.

Consider the Players’ Age and Experience

Newbie bettors may not think about a player’s age and experience when it comes to Heisman Trophy odds. However, experienced bettors know that these factors must also be considered.

From 1950 to 2020, 45 of the Heisman winners were seniors. The figure represents the majority of the winners.

When you review that statistic when selecting a player to bet on, picking seniors is likely a safe bet.

However, when you look into the stats from 2011 to 2020, winning seniors have lowered in number. In that period, five juniors, two sophomores, and two freshmen won the Heisman Trophy.

For example, in 2012, Johnny Manziel became the first freshman to take home the trophy, followed by another freshman, Jameis Winston, in 2013.

Despite the growing trend of non-senior winners, saying that older players can no longer win the award may be premature.

Among experienced bettors, age and experience are still important factors in making betting decisions. However, considering the growing frequency of non-senior winners, the weight placed on these factors may be lowered.

In the end, it is usually a player’s skill and talent that makes them a Heisman Trophy candidate and not their age.

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Who Usually Wins the Heisman Trophy?

Most of the players who won the Heisman Trophy were quarterbacks. From 2016 to 2019, QBs won the award for four straight years until wide receiver Devonta Smith broke the run in 2020.

Heisman Trophy Winners Since 2000
Year Player Position Team
2020 Devonta Smith Wide receiver Alabama Crimson Tide
2019 Joe Burrow Quarterback LSU Tigers
2018 Kyler Murray Quarterback Oklahoma Sooners
2017 Baker Mayfield Quarterback Oklahoma Sooners
2016 Lamar Jackson Quarterback Louisville Cardinals
2015 Derrick Henry Running back Alabama Crimson Tide
2014 Marcus Mariota Quarterback Oregon Ducks
2013 Jameis Winston Quarterback Florida State Seminoles
2012 Johnny Manziel Quarterback Texas A&M Aggies
2011 Robert Griffin III Quarterback Baylor Bears
2010 Cam Newton Quarterback Auburn Tigers
2009 Mark Ingram, Jr. Running back Alabama Crimson Tide
2008 Sam Bradford Quarterback Oklahoma Sooners
2007 Tim Tebow Quarterback Florida Gators
2006 Troy Smith Quarterback Ohio State Buckeyes
2005 Reggie Bush Running back USC Trojans
2004 Matt Leinart Quarterback USC Trojans
2003 Jason White Quarterback Oklahoma Sooners
2002 Carson Palmer Quarterback USC Trojans
2001 Eric Crouch Quarterback Nebraska Cornhuskers
2000 Chris Weinke Quarterback Florida State Seminoles

In total, the following positions have won the Heisman Trophy since 2000:

  • Quarterbacks: 17
  • Running backs: 3
  • Others positions: 1

Before 2000, the following non-quarterback players also won the Heisman Trophy award:

Non-Quarterback Heisman Trophy Winners Before 2000
Year Player Position Team
1997 Charles Woodson Cornerback Michigan Wolverines
1995 Eddie George Running back Ohio State Buckeyes
1994 Rashaan Salaam Running back Colorado Buffaloes
1991 Desmond Howard Wide receiver Michigan Wolverines
1988 Barry Sanders Running back Oklahoma State Cowboys

How Is the Heisman Trophy Winner Decided?

The Voters

The Heisman Memorial Trust selects and assigns the journalists and other personalities who will cover the college football games from six regions in the US. These journalists and personalities will also vote for the Heisman winners.

Each of the six regions will have 145 votes, for a total of 870 votes. If a voter can no longer vote, another person will be nominated to replace that voter.

In addition, former Heisman winners will also vote on the player who should win the award. As of 2020, there were 56 former winners with one vote each.

Lastly, one ballot will come from a collective fan vote. Overall, there should be a total of no more than 1,000 votes.

The Voting Process

The voters can select up to three players that they wish to vote for. The player who gets the first place vote will be allotted three points. The player who places second gets two points. The third player gets one point.

The voters’ criteria may vary, but the responsible ones vote based on objective performance.

Stats like a player’s touchdowns, interceptions, or yardage, or if a quarterback displays exemplary actions as a signal-caller, are all considered factors in the voters’ decisions.

After voting, the ballots are then collected and counted. All votes are kept private, and voters are instructed not to publish their votes until the winner receives the award. As of 2020, Deloitte was the official firm conducting the vote count.

Awarding

After the collection and tallying of votes, the player with the most points will be awarded the Heisman Trophy.

The Heisman Trophy award, together with the AP (Associated Press) Player of the Year award, honors the most outstanding player in NCAA college football. Winners are awarded for exceptional performance that represents diligence, perseverance, and hard work.

Heisman Betting History

When the Heisman Trophy was created by the New York City’s Downtown Athletic Club in 1935, its namesake, John Heisman, might not have envisioned the future popularity of this award in the sports betting world.

The Heisman Trophy is an award handed to the college football player with the most outstanding performance of the year. This award is similar to the NFL MVP award and is also at par with the AP Player of the Year Award.

The award was first presented by the Downtown Athletic Club in 1935 to Jay Berwanger of the Chicago Maroons. Starting in 2002, the award has been given by the Heisman Trophy Trust.

From 2001 to 2020, only two Heisman winners have played on teams that had won fewer than 10 games. They are Tim Tebow of the Florida Gators in 2007 and Lamar Jackson of the Louisville Cardinals in 2016.

Because of the award’s fame and prestige, the Heisman Trophy odds can be considered one of the most popular college football futures betting markets.

The following table contains the betting history of the Heisman Trophy winners from 2014 to 2019, including their opening and closing odds:

Year Player Position Team Opening Odds Closing Odds
2019 Joe Burrow QB LSU Tigers +20000 -12500
2018 Kyler Murray QB Oklahoma Sooners +2000 +700
2017 Baker Mayfield QB Oklahoma Sooners +700 -1800
2016 Lamar Jackson QB Louisville Cardinals +10000 -1345
2015 Derrick Henry RB Alabama Crimson Tide +2500 -465
2014 Marcus Mariota QB Oregon Ducks +500 -1500

How to Bet on the Heisman Trophy

Sportsbooks that allow college football betting may also offer Heisman Trophy betting.

The steps to place Heisman bets may vary, but in general, the procedure for placing these bets is as follows:

  1. Register on an online sportsbook like MaximBet.com and create an account. This allows the betting site to confirm that you are of legal age.
  2. After signing up, access your account and fund it by making a deposit.
  3. Go to the college football menu and click the “futures” selection.
  4. Select the Heisman Trophy option and choose a player to bet on.

Enjoy betting with confidence at MaximBet.com. We are a regulated and legally operating sportsbook that promotes safe and responsible gambling.

To help ensure that you bet responsibly, we include special features like bet limits, deposit limits and time limits in your account. You can use these to monitor and regulate how much money and time you spend on sports betting.

Register now at MaximBet.com to start placing your bets on Heisman Trophy odds. You can also bet on other NCAA college football teams like the Boston College Eagles or the UCF Knights.