Heisman Odds 2025: Track The Favorites

• Heisman odds are available for the 2025 college football season.
• Indiana QB Fernando Mendoza lengthens his lead in the Heisman race entering Week 13.
• Track the 2025 Heisman odds for the favorites and longshots throughout the 2025-26 season.

Colorado two-way star Travis Hunter was the 2024 Heisman Trophy winner, well-deserved after starring at defensive back (11 PDs, 4 INTs) and wide receiver (1,258 yards, 15 TDs).

Who will win the Heisman Trophy in 2025? Who has the best Heisman odds? Who are the longshots in terms of Heisman odds?

Quarterbacks continue to lead the way in Heisman odds. Receiver Jeremiah Smith (Ohio State) has the best Heisman odds among top non-QB contenders.

We’ll discuss all that and more, further down this page as we explore all facets of the Heisman Trophy odds and, ultimately, who the Downtown Athletic Club will announce as the 2025 winner of the Heisman Trophy — the most prestigious individual trophy in college football.

Top Heisman Contenders for 2025

The Heisman Trophy futures market is one of the most popular college football futures among casual and serious bettors.

Heisman odds reflect the likelihood of a college football player winning the Heisman Trophy, updated weekly by major sportsbooks.

Indiana QB Fernando Mendoza lengthened his lead in the Heisman race after he threw 4 TD passes and became the first Indiana QB to throw 30 TD passes in a season. His Heisman odds are as short as -115 on Nov. 16.

Indiana has never had a Heisman winner.

Ohio State QB Julian Sayin has Heisman odds of +200 at bet365 Sportsbook on Nov. 16, 2025. Sayin has odds as low as +180 at DraftKings Sportsbook.

Texas A&M QB Marcel Reed was a big mover in Week 12 after leading the Aggies to a historic comeback win against South Carolina. Reed now has the third-shortest Heisman odds at most sportsbooks on Nov. 16.

Quarterbacks had the four shortest Heisman odds at most sportsbooks.

DraftKings lists Notre Dame running back Jeremiyah Love at +3000 — the fifth-shortest odds to win the Heisman.

Ohio State receiver Jeremiah Smith is among the top 10 on Nov. 16, 2025.

Preseason Heisman favorites Arch Manning, Cade Klubnik and Garrett Nussmeier have fallen out of the Heisman race. Oklahoma QB John Mateer was the fastest riser in September, but his hand injury has taken him out of the Heisman race. Mateer returned for the Red River Showdown vs. Texas on Oct. 11, but struggled in the loss.

Here are the top 10 betting favorites to win the Heisman Trophy, via bet365 Sportsbook, on Sunday morning, Nov. 16.

---

You can track the Heisman odds here as well. They will update automatically every time the odds change:

Fernando Mendoza Heisman Odds

2025 stats entering Week 13: 203-for-278 (73.0%), 2,641 yards, 30 TDs, 5 INTs.

Fernando Mendoza retained the top spot in the Heisman race again after delivering another Heisman performance in a Week 12 win against Wisconsin.

Mendoza threw 4 TD passes, giving him 30 for the season. He’s the first Indiana QB to throw 30 TD passes in a season.

Mendoza’s Heisman odds are -115 on Nov. 16.

Mendoza’s average Heisman odds on Sunday, Oct. 5 were +1460. Then he outplayed Oregon’s Heisman front-runner Dante Moore in a signature victory in Week 7. On Sunday, Oct. 12, Mendoza’s Heisman odds surged to +550. He’s now third in the Heisman race.

Indiana reached the Playoff in 2024 behind transfer quarterback Kurtis Rourke. The Hoosiers appear to have struck transfer portal gold again in Mendoza, a grad transfer from Cal, where he was a 2-year starter.

His Heisman odds skyrocketed after throwing 5 TD passes in Indiana’s rout of Illinois in Week 4. He dropped a bit in the Heisman race after Indiana struggled to put away Iowa in Week 5, but is back in the mix now.

Julian Sayin Heisman Odds

2025 stats entering Week 13: 226-for-282 (80.1%), 2,675 yards, 25 TDs, 4 INTs.

Julian Sayin, who took over the top spot in the Heisman race in Week 10, remains in second in the Heisman race after Week 12. Sayin was solid, not spectacular, in Ohio State’s easy win over UCLA, throwing for 184 yards with a TD. His Heisman odds lengthened from +165 on Nov. 9, 2025 to +200 on Nov. 16.

Sayin is trying to become the first Ohio State quarterback to win the Heisman Trophy since Troy Smith won it in 2006.

Sayin opened the 2025 season with Heisman odds as low as +1800 on BetMGM.

Sayin transferred to Ohio State in January 2024 after originally committing to Alabama. He transferred after Nick Saban retired. Sayin was a 5-star recruit and the No. 3-ranked quarterback in the 2024 recruiting class. He was the No. 1-ranked quarterback in the transfer portal.

Marcel Reed Heisman Odds

2025 stats entering Week 13: 179-for-291 (61.5%), 2,632 yards, 22 TDs, 8 INTs; 391 yards rushing, 6 TDs.

All Marcel Reed does is make winning plays. He made more of them in Week 12 as he led Texas A&M to a historic comeback win against South Carolina. Reed threw 3 TD passes in the second half as the Aggies erased a 27-point deficit.

Reed moved into the top 5 in the Heisman race in Week 8 and has stayed there. He is now 4th in the Heisman race with odds as low as +500 on Nov. 16 at most books after being at +713 on Nov. 9. The Aggies are undefeated and also have favorable odds to win the national championship.

Ty Simpson Heisman Odds

2025 stats entering Week 12: 198-for-296 (66.9%), 2,461 yards, 21 TDs, 1 INT.

Simpson threw for 277 yards and a touchdown to help Alabama beat LSU in Week 11.

Simpson’s average Heisman odds lengthened to +448 on Sunday morning, Nov. 9.

Simpson’s Heisman odds soared after the Alabama quarterback led the Crimson Tide past Georgia in Week 5.

He’s been in the top 3 in the Heisman race ever since.

His Heisman odds were +336 on Oct. 26 after Simpson rallied Alabama to a critical road win at South Carolina. Simpson threw for 253 yards and had 2 TD passes without throwing an interception.

Diego Pavia Heisman Odds

2025 stats entering Week 13: 191-for-273 (70.0%), 2,440 yards, 21 TDs, 5 INTs.

Vanderbilt was idle in Week 12.

Diego Pavia turned in his best Johnny Manziel impression to date in leading Vanderbilt to a comeback win against Auburn in Week 11.

Pavia threw for 377 yards and 3 touchdowns, and ran for another 112 yards and a score.

Pavia now has the fifth-shortest average Heisman odds at +2000 on Nov. 16 — a noticeable jump from +2860 on Nov. 2.

Pavia struck the Heisman pose after leading Vanderbilt to a big win over LSU in Week 8. After leading Vanderbilt past Missouri in another top-20 showdown in Week 9, Pavia told reporters “Hell, yeah” when asked whether he should win the Heisman.

Pavia’s surge in the Heisman race is the most interesting story in college football.

He already has won 15 games in 1 1/2 seasons as Vanderbilt’s starting quarterback — 3 more than the Commodores’ combined win total from 2019-2023.

Pavia is the brash-talking, play-making force behind Vanderbilt’s rise in the national championship race and the primary reason the ‘Dores have improving SEC championship odds, as well.

Gunner Stockton Heisman Odds

2025 stats entering Week 13: 203-for-287 (70.7%), 2,269 yards, 19 TDs, 3 INTs.

Gunner Stockton threw 4 more touchdown passes in Georgia’s comfortable win over Texas in Week 12. His season stats won’t blow you away, but he continues to stay in the Heisman race.

He is now fifth in the Heisman race at most books, with odds on Nov. 16 as low as +2500 at bet365.

His average Heisman odds on Nov. 9 were +2367 after being +1960 on Nov. 2.

Sportsbooks were in wait-and-see mode with Stockton, who replaced Carson Beck as Georgia’s starting quarterback.

Stockton rose to as high as No. 4 in the Heisman race, but his odds fell after Georgia lost to Alabama in Week 5. He was sixth in the Heisman race on Oct. 26 with average Heisman odds of +1300, but moved ahead of Diego Pavia after Vanderbilt lost at Texas.

Haynes King Heisman Odds

2025 stats entering Week 13: 184-for-253 (72.7%), 2,259 yards, 10 TDs, 2 INTs; 807 yards rushing, 14 TDs.

Haynes King continues to be among the most dangerous dual-threat QBs in the country.

He threw for 371 yards and a TD and ran for 53 more yards as Georgia Tech rallied to beat Boston College.

King’s Heisman chances are tied to Georgia Tech’s Playoff push.

His Heisman odds are +3300 on Nov. 16 after being +6500 on Nov. 9.

Jeremiyah Love Heisman Odds

2025 stats entering Week 13: 177 carries, 1,135 yards, 14 TDs.

Jeremiyah Love ran for 147 yards and 1 touchdown in Week 12 — punctuating his performance with a signature Heisman moment: a spin move that led to a long touchdown run. He is the driving force behind Notre Dame’s Playoff push. The junior running back has Heisman odds of +3300 on Nov. 16. They were +3760 on Nov. 2, after being as low as +2160 on Oct. 26.

Love has the shortest Heisman odds of any non-quarterback in the Heisman race.

Jeremiah Smith Heisman Odds

2025 stats entering Week 13: 69 catches, 902 yards, 10 TDs.

Jeremiah Smith left Ohio State’s Week 12 victory early and didn’t return. Coach Ryan Day said the move was precautionary, wanting Smith to be fresh for the final 2 games.

Smith’s average Heisman odds on Sunday, Nov. 16 lengthened to +6000 after being +2267 on Nov. 9. They were +3520 on Nov. 2, and +3600 on Oct. 26.

The standout wide receiver was the driving force in Ohio State’s run to the 2024-25 national championship — and he’s by far the primary reason the Buckeyes have favorable national championship odds in 2025-26.

Ohio State has a rich Heisman Trophy history, but Ohio State hasn’t produced a Heisman Trophy winner since Troy Smith in 2006. Can Jeremiah Smith win the Heisman and add to Ohio State’s Heisman total in 2025? Just like 2024 Heisman Trophy winner Travis Hunter, Jeremiah Smith is a threat to strike a Heisman pose every time he touches the football. Ohio State will have a new starting quarterback in 2025, but as long as Jeremiah Smith gets his touches, he and Ohio State will contend for trophies.

Trinidad Chambliss Heisman Odds

2025 stats entering Week 13: 195-for-299 (65.2%), 2,657 yards, 14 TDs, 3 INTs.

Trinidad Chambliss’ remarkable rise continues as he leads Ole Miss’ Playoff push. Chambliss threw for 301 yards with a TD pass as Ole Miss outlasted Florida in Week 12.

Bet365 Sportsbook listed Chambliss’ Heisman odds at +30000 on Sunday morning, Nov. 16. DraftKings listed Chambliss’ Heisman odds at +20000 on Nov. 16. He was at +7500 on Nov. 9.

Arch Manning Heisman Odds

2025 stats entering Week 13: 195-for-311 (62.7%), 2,374 yards, 19 TDs, 7 INTs.

The preseason Heisman betting favorite has odds of +50000 on Nov. 16, after Texas lost to Georgia. Arch Manning’s average Heisman odds were +26667 on Nov. 9.

His Heisman campaign has been rocky all season.

Manning’s Heisman odds shortened slightly from +25000 on Sunday, Oct. 26 to +23333 on Sunday, Nov. 2.

Manning was the Heisman Trophy favorite for 2025, with sportsbooks like BetMGM offering odds as low as +600.

His odds fell to +2000 on ESPNBet after he struggled in Texas’ opening loss at Ohio State. His Heisman odds improved to +1500 after he rebounded in Week 2 by throwing 4 TD passes.

He struggled again in Week 3, completing just 11-of-25 passes for 114 yards with 1 TD and 1 interception. At one point, Texas fans even booed Manning and the Longhorns offense for their inadequate play vs. UTEP.

Manning’s Heisman odds subsequently dropped to +3000 as of Sunday morning, Sept. 14.

In Week 4, Manning bounced back with a solid performance vs. Sam Houston State, throwing for 3 TDs. Nevertheless, his average Heisman odds are at +3500 as of Sunday morning, Sept. 21.

Texas was idle in Week 5. Manning’s Heisman odds were at +3300 on Sept. 28.

Manning has patiently waited 2 years to take over at Texas. He could become the third Manning to throw for 3,000 yards in a season. Will Arch become the first Manning to win the Heisman?

Uncles Peyton and Eli were finalists for the Heisman Trophy. Peyton Manning was runner-up in 1997; Eli Manning finished third in 2002. Grandfather Archie Manning also finished third in 1970 and fourth in 1969.

Should bettors be concerned that Arch Manning hasn’t played a lot? Not necessarily. Remember, Texas A&M quarterback Johnny Manziel won the Heisman in 2012 as a redshirt freshman. The very next year, FSU quarterback Jameis Winston won the Heisman in 2013 as a redshirt freshman. In 2010, Auburn legend Cam Newton won the Heisman in his first year as a Division I college football starter.

So, in terms of Arch Manning, there is plenty of recent precedent for a quarterback without a lot of reps to step in, stand out and win the Heisman.

Best Heisman Odds for Quarterbacks

Here are the best betting odds for quarterbacks to win the Heisman in 2025, entering Week 13, via DraftKings. These odds were updated on Sunday, Nov. 16.

Best Promo Codes for College Football

Fortunately for the football-hungry fans of the SEC and elsewhere, Saturday Down South has the country covered via 2025 Heisman odds from an in-depth and expert perspective.

Hop in the game today with an incredible welcome bonus of up to $1,500 in 2nd chance bonuses from BetMGM Sportsbook:

---

---

Heisman Trophy Betting Strategy for 2025

The winner of the Heisman Trophy is consistently one of the top college football futures betting markets. One wonders if John Heisman, the first athletic director of the Downtown Athletic Club in New York City and namesake of the trophy, envisioned the magnitude of today’s Heisman-sports betting market back in 1935. In a betting world, the odds aren’t great on that thought.

In order to bet on who wins the Heisman Trophy, follow these simple steps:

• Register for an online sportsbook account (SDS recommends Caesars Sportsbook).
• Log into your account and make a deposit.
• Find the college football betting menu and select the “futures” option.
• Select “Heisman Trophy” and then pick a player.

---

Where to Find the Best Heisman Odds Online

There are plenty of legal online sportsbook options that offer Heisman Trophy betting. Here are some of the top options:

Caesars Sportsbook Promo

Caesars Sportsbook is Saturday Down South’s top sports-betting recommendation for SEC fans everywhere. Since acquiring William Hill, Caesars’ app and platform have impressed the masses in a variety of ways.

Get started today with our Caesars Promo, which offers users to bet $1 and double their winnings s x10 bets, up to $25 per bet.

DraftKings Sportsbook Promo

DraftKings Sportsbook offers an incredible welcome off that allows new users to bet $5 and get $300 back bonus bets if that bet wins + 3 months of League Pass. Perhaps most importantly, DraftKings Sportsbook is among the best online operators when it comes to offering both in-game live betting options and pregame profit boost specials.

Get started today on the 2025 Heisman Trophy winner at DraftKings Sportsbook.

FanDuel Sportsbook Promo

FanDuel Sportsbook offers a first-rate app experience and a Bet $5, Get $300 in Bonus Bets if that bet wins welcome offer for new users. Like other top sportsbooks, FanDuel has expansive college football betting options and provides a Heisman Trophy market throughout the year.

Get started today for up to $300 in bonus bets at FanDuel Sportsbook.

BetMGM Promo

BetMGM is offering new users a $1500 bet back offer, meaning you can bet any amount up to $1500 and get that bet back as bonus bets if it fails. It essentially gives users 2 chances to win similar odds bets.

Get started today for up to $1500 in bonus bets while gambling on the 2025 Heisman Trophy winner at BetMGM.

---

Heisman Trophy 2025 News & Articles

Keep up with the latest 2025 Heisman Trophy odds by sticking with Saturday Down South‘s legendary news coverage.

---

Past Heisman Trophy Winners (NCAA College Football History)

Here is a look at the past Heisman Trophy winners, dating to the 2000 season. (Interestingly, Notre Dame has produced 7 Heisman winners — tied for second all-time. But Notre Dame hasn’t produced a Heisman winner since Tim Brown in 1987. Notre Dame doesn’t have a betting favorite to win the Heisman in 2025.)

Heisman Trophy Winners by school (2000-present):  Oklahoma (4), USC (4), Alabama (3), Florida State (2), Nebraska (1), Ohio State (1), Florida (1), Baylor. (1), Oregon (1), LSU (2), Auburn (1), Texas A&M (1), Louisville (1), Colorado (1).

Heisman Trophy Winners by position: QB (19), RB (3), WR (2)

---

Heisman Betting Strategy

The Heisman Trophy race is often misunderstood by the general betting public. Learning how to how bet on college football futures is critical.

The general public still views Heisman candidates in the same way that political parties view their candidates — through the lens of electability. Or, in the case of the Heisman, viability. Conventional wisdom dictates that you have to be an established player from an established and powerful program to even entertain the notion that you could be enshrined as one of the game’s greats.

The preseason Heisman Trophy odds going into the 2019 college football season offer us an important example. Trevor Lawrence and Tua Tagovailoa entered the 2019 season as co-favorites to hoist the trophy at 3:1 odds. They had just played against each other in the national title game and were the faces of the two most dominant programs in the sport. To casual fans, it was a no-brainer for them to share the spotlight as preseason favorites. But to savvy veterans of the sports gambling space, the only thing noteworthy about two players separating themselves from the pack over the summer was that it inflated odds for everyone else.

To put it bluntly, the prevailing wisdom surrounding Heisman odds is wrong and that disconnect is born out in the final Heisman voting year after year. Only one preseason favorite has gone “wire-to-wire” since 2000. All it took from Marcus Mariota (9:2 preseason odds) was a near-flawless season (TD-INT Ratio 42:4) and a berth in the inaugural College Football Playoff. In contrast to Mariota’s favorite-to-recipient feat, is the fact that eight of the past 10 Heisman winners weren’t considered Top 10 candidates in the preseason by oddsmakers. Joe Burrow (40:1), Kyler Murray (30:1), Lamar Jackson (100:1) and Derrick Henry (25:1) represent a new wave of Heisman profitability for sports gamblers. And after a run of one-year wonders who took home the hardware as preseason “FIELD” bets (Cam Newton, Johnny Manziel, Jameis Winston) in the early 2010s, sportsbooks finally started to post more comprehensive preseason lists. The average offering has essentially doubled from the 20-25 player range in 2010 to a 35-40 range in 2019.

Heisman longshots have proven to be incredibly profitable in the past 10 years, but their odds quickly come down to earth once the general public has seen them play. The Heisman winners over the 2015-2019 seasons saw their preseason odds fall by an average of 68% from the preseason through Week 3.

This illustrates that for a gambler to capture worthwhile value, they often need to have skin in the game before the season starts.

The start of the 2020 season offered a similar situation as our 2019 example. Neither Lawrence nor Tagovailoa were Heisman finalists in 2019, but that didn’t stop oddsmakers from setting up the 2020 preseason Heisman odds in nearly identical fashion. Lawrence was joined by Justin Fields as a co-favorite falling in the 4:1 to 9:2 range. And as we now know, of course, neither Lawrence or Fields are expected to win the trophy.

Hedging Strategies When Betting The Heisman

Hedging is when a gambler places a bet on the opposite side of their original wager in order to reduce losses or to guarantee a profit. Despite the simplicity of the tactic, casual gamblers often fail to consider hedging opportunities. For small-stakes gamblers, in-game hedging might not be worth their time, but that isn’t true of futures betting. Even small wagers can net huge returns and are worthy of thoughtful hedge strategies.

Season-long futures for individual players and teams present a host of hedge opportunities, some clear and others more convoluted. As shown above, pundits and the public are awful at predicting who will end up as a Heisman finalist. In fact, four of the five Heisman Trophy presentations between 2015-2019 have included at least 1 finalist who entered the season as a 100:1 longshot or higher. Simply having a finalist with long odds can guarantee you money by properly hedging is a game-changer for most casual bettors.

If you were fortunate enough to place a bet on Joe Burrow before Week 3 of the 2019 season, you had a ticket paying out between 40:1 and 200:1 on the Bayou Bengal. Even if you had waited until the end of the regular season to hedge, the 3 other eventual finalists all presented decent value and insurance with Fields (6:1), Jalen Hurts (17:1), Chase Young (100:1) all offering handsome payouts.

While it appeared that Burrow was a “lock” by Week 13 during the 2019 season, this same hedge strategy would have saved Tagovailoa bettors the year prior. The Crimson Tide signal-caller was listed as a -900 favorite during Week 13 but would be overtaken by Kyler Murray just two weeks later. If you had spread out your risk by betting the likely finalists in Week 13 (Murray+600, Dwayne Haskins+6000, Will Grier+1100) you would have turned a gambling heartbreak into a decent payday.

If you are making preseason Heisman bets, targeting longshots with the potential to become finalists instead of winners is one way that you can turn an all-or-nothing proposition into a less volatile and more profitable long-term strategy. This brings into play running backs, wide receivers and defensive players that you might not have considered at all in previous seasons.

---

Heisman Odds 2025 FAQ

Who was the Heisman Trophy betting favorite for the 2024 college football season?

Colorado WR/DB Travis Hunter was the betting favorite and won the Heisman Trophy.

Who will win the Heisman Trophy for the 2025 college football season?

It's too soon to tell, but Texas QB Arch Manning, LSU QB Garrett Nussmeier and Ohio State WR Jeremiah Smith will all be mentioned in the conversation.

Which players has won the most Heisman Trophies all time?

Ohio State running back Archie Griffin has won the most Heisman Trophies (2), as he remains the only player to win the award more than once (1974 and 1975)

Which school has won the most Heisman Trophies?

Three teams feature players to win the award on seven occasions: Ohio State, Oklahoma and Notre Dame. Ohio State has yielded just six players to win the Heisman, however, as running back Archie Griffin remains the only man to win the award more than once. USC is next on the list with six Heismans, while Alabama has four, and six schools round out the top 11 with three Heisman Trophy winners (Auburn, Florida, Florida State, Michigan, Navy and Nebraska).