It's time to take an early look at the opening 2025 Heisman Trophy odds. LSU's Garrett Nussmeier opens as the +800 Heisman Trophy co-favorite at FanDuel as the quarterback prepares for his fifth year with the Tigers. Arch Manning, training for his first season as Texas' starting quarterback, also shares +800 odds.
Of the last five Heisman Trophy winners, only two victors opened with odds above the +2000 range— most recently Travis Hunter (+3500) and Devonta Smith (+10000) in 2020.
2025 Heisman Trophy Odds
| Player | Odds |
|---|---|
| Garrett Nussmeier (LSU) | +800 |
| Arch Manning (Texas) | +800 |
| Cade Klubnik (Clemson) | +1000 |
| Jeremiah Smith (Ohio State) | +1200 |
| Julian Sayin (Ohio State) | +1200 |
| Dante Moore (Oregon) | +1600 |
| Drew Allar (Penn State) | +1600 |
| LaNorris Sellers (South Carolina) | +1600 |
| Nico Iamaleava (Tennessee) | +1600 |
| DJ Lagway (Florida) | +1800 |
Odds as of April 11, 2025 at Sportsbook
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Garrett Nussmeier holding steady at top of heisman oddsboard this offseason
Though LSU didn't accomplish much this past season, not hitting double-digits in the win column for the first time since 2021—Nussmeier's 4,052 yards showed promising development in his passing game and finished the year with the fifth most passing yards in the nation. All names above him have declared for the NFL draft, making room for Nussmeier to be the new veteran QB. The Louisiana native eclipsed 300 yards in eight appearances this season, completing 70% of more of his tosses in six meetings.
The junior opened last season as a +1500 contender before falling off the oddsboard following LSU's Week 1 upset to USC. The Brian Kelly era has been far from perfect and losses against three of the four ranked matchups is suggesting the Tigers just aren't ready to play with the big boys. But, as I hinted at, with the top quarterbacks moving on, perhaps it's Nussmeier's time to be the developed leader of the year.
is cade klubnik finally experienced enough to make a heisman campaign?
Clemson is always close enough to get a sniff, pocketing double-digit wins in 13 of Dabo Swinney's last 14 seasons spent with the Tigers. Cade Klubnik has shown signs of inconsistency through his three years, always suffering a midseason loss to tarnish the season. But, it's hard to overlook his 3,639 passing and 463 rushing yards, stacking up 43 total touchdowns in his 2024 campaign. Plus, the experience of his first CFP stint in the first round. Despite the defeat to Texas, it was a noble 336 yards and three touchdown performance from Clubnik.
With Clemson's wide receiver room bleak and the program only recruiting one three-star player, next season will be a testament to Klubnik's abilities. The Tigers were able to buff up their offensive line, including four-star Brayden Jacobs, in hopes to provide more protection for Klubnik in the pocket.
Last 10 heisman trophy winners
| Year | Winner | Preseason Odds | Closing Odds | Preseason Favorite (Odds) |
|---|---|---|---|---|
| 2024 | Travis Hunter | +3500 | -2500 | Carson Beck (+750) |
| 2023 | Jayden Daniels | +1000 | -1200 | Caleb Williams (+475) |
| 2022 | Caleb Williams | +800 | -2500 | CJ Stroud (+400) |
| 2021 | Bryce Young | +900 | -3500 | Spencer Rattler (+550) |
| 2020 | DeVonta Smith | +6600 | -200 | Justin Fields (+450) |
| 2019 | Joe Burrow | +4000 | -12500 | Tua Tagovailoa (+250) |
| 2018 | Kyler Murray | +3000 | +700 | Tua Tagovailoa (+400) |
| 2017 | Baker Mayfield | +700 | -1800 | Sam Darnold (+500) |
| 2016 | Lamar Jackson | +10000 | -1350 | Deshaun Watson (+450) |
| 2015 | Derrick Henry | +2500 | -465 | Trevone Boykin (+650) |
Colorado's CB/WR Travis Hunter was named the 2024 Heisman Trophy winner. It marked just the second time in the last two decades that a wide receiver took home the trophy. But did you know his odds to win the Heisman Trophy peaked as high as +5000?
It was a tight race between Hunter and Ashton Jeanty, who was just 28 yards from breaking the single season rushing record. But, it was Hunters unfathomable efforts and stamina on defense and offense that was too rare and impressive to ignore.
nCAA Schools with the most heisman winners
| School | Number Of Winners | Latest Winner |
|---|---|---|
| USC Trojans | 8 | Caleb Williams (2022) |
| Ohio State Buckeyes | 7 | Troy Smith (2006) |
| Oklahoma Sooners | 7 | Kyler Murray (2018) |
| Notre Dame Fighting Irish | 7 | Tim Brown (1987) |
| Alabama Crimson Tide | 4 | Bryce Young (2021) |
| Auburn Tigers | 3 | Cam Newton (2010) |
| Army Black Knights | 3 | Pete Dawkins (1958) |
| Florida Gators | 3 | Tim Tebow (2007) |
| Florida State Seminoles | 3 | Jameis Winston (2013) |
| Michigan Wolverines | 3 | Charles Woodson (1997) |
With Reggie Bush's award being reinstated this year and Caleb Williams snatching the award a couple of years ago, the Trojans now hold the most Heisman Trophy winners (8).
Heisman trophy betting trends
- Since 2013, five Heisman Trophy winners were selected first overall at the NFL Draft (Jameis Winston, Baker Mayfield, Kyler Murray, Joe Burrow, Bryce Young).
- Cam Newton remains the only double-transfer Heisman winner in history. Newton started his collegiate career in Florida, then transferred to Blinn Junior College and then joined Auburn to top it all off.
- Five of the last six Heisman-winning quarterbacks were transfers.
- Seven Heisman Trophy winners of the last decade were all quarterbacks. The three exceptions were two Alabama products, WR Devonta Smith (2020) and RB Derrick Henry (2015), and Colorado's CB/WR Travis Hunter.
Making A Futures Bet
A futures bet is a wager made on events or milestones that will happen in time. The Heisman bet is a form of futures betting because you are making a pick based on an outcome determined at the end of the NCAA football season. The trophy is given out in mid-December and if you want to get a bigger payout, it’s best to lock in your bets sooner rather than later so you can take advantage of better odds. The closer it gets to Heisman voting, the more the odds will change.
How To Read Heisman Trophy Odds
The above chart features the odds for each top player in college football. At your sportsbook of choice, the betting lines would look something like this:
- Quinn Ewers +500
- Carson Beck +800
- Jalen Milroe +1000
This means that Ewers is the favorite since he has the lowest odds and the highest chance of winning the prop, according to oddsmakers. If you were to bet $100 on Ewers and he won, you would get a payout of $600 – your original $100 is returned along with your winnings of $500.
On the other hand, if you strongly believe that Jalen Milroe is going to win the Heisman at Alabama, a winning $100 bet on him would yield $1,100 – your $100 comes back along with your prize of $1,000.
Our Odds Calculator will show you how much you’d win based on the odds and amount bet.
Handicapping Your Heisman Odds Bet
We have the goods to ensure that you can make smart picks. Check out our college football pages to give you the edge over other bettors:
• Odds
• Futures
• Scores
