Heisman Trophy Odds & Favorites 2025: Sayin Overtakes Mendoza, Simpson Atop Board

Ohio State's Julian Sayin (+210) is the Heisman Trophy odds favorite, with Fernando Mendoza (+230), Ty Simpson (+450), and Marcel Reed (+850) trailing.
Ohio State quarterback Julian Sayin leads the Heisman Trophy odds after a strong performance against Penn State.
Pictured: Ohio State quarterback Julian Sayin leads the Heisman Trophy odds after a strong performance against Penn State. Photo by Samantha Madar via Imagn Images.

The Heisman Trophy odds saw a huge shift following Week 10, with Ohio State's Julian Sayin jumping to the top of the board after a four-touchdown performance against Penn State, cutting his odds from +410 to +210.

With Sayin overtaking Indiana's Fernando Mendoza as the Heisman Trophy betting favorite, the Hoosiers' star QB is now +230 to win the award. And it appears to be a three-QB race between those two and Alabama's Ty Simpson, who saw his Heisman Trophy odds lengthen from +400 to +450 with the Crimson Tide on a bye in Week 10.

Those three have been the most consistent QBs in the country this college football season, but Texas A&M's Marcel Reed remains a threat as the only other player with shorter than +2200 odds. This Heisman race is far from over, but it looks like we have our four finalists already.


 📊 Live Heisman Trophy odds 2025

Our 2025 Heisman Trophy odds update in real time based on the latest college football odds.


📈 Heisman Trophy betting insights

Heisman Trophy betting insights via BetMGM.

Highest ticket percentage Highest handle percentage
Jeremiah Smith, Ohio State (7.7%) Ty Simpson, Alabama (16.6%)
Arch Manning, Texas (7.6%) Dante Moore, Oregon (13.3%)
Garrett Nussmeier, LSU (6.1%) Arch Manning, Texas (7.4%)
John Mateer, Oklahoma (6%) Jeremiah Smith, Ohio State (5.5%)
LaNorris Sellers, South Carolina (5.2%) Garrett Nussmeier, LSU (5.4%)

🔢 Heisman Trophy opening odds

Odds via FanDuel.

  • Garrett Nussmeier, QB, LSU: +900
  • Arch Manning, QB, Texas: +950
  • Drew Allar, QB, Penn State: +1100
  • Cade Klubnik, QB, Clemson: +1100
  • Nico Iamaleava, QB, UCLA: +1100
  • Jeremiah Smith, WR, Ohio State: +1700
  • Carson Beck, QB, Miami: +1800
  • Julian Sayin, QB, Ohio State: +1800
  • Dante Moore, QB, Oregon: +2000
  • LaNorris Sellers, QB, South Carolina: +2000
  • DJ Lagway, QB, Florida: +2500
  • John Mateer, QB, Oklahoma: +2500
  • Kevin Jennings, QB, SMU: +3000
  • Austin Simmons, QB, Ole Miss: +3000
  • Miller Moss, QB, Louisville: +3300
  • Gunner Stockton, QB, Georgia: +3300
  • Ryan Williams, WR, Alabama: +3500
  • Jalon Daniels, QB, Kansas: +4000
  • Marcel Reed, QB, Texas A&M: +4000
  • Steve Angeli, QB, Notre Dame: +4500
  • Jackson Arnold, QB, Auburn: +4500
  • Thomas Castellanos, QB, Florida State: +5000
  • Sam Leavitt, QB, Arizona State: +5000
  • Jeremiyah Love, RB, Notre Dame: +5000
  • Jayden Maiava, QB, USC: +5000
  • Fernando Mendoza, QB, Indiana: +5000
  • Dylan Raiola, QB, Nebraska: +5000
  • Kaidon Salter, QB, Colorado: +5000
  • Ty Simpson, QB, Alabama: +5000
  • Avery Johnson, QB, Kansas State: +6000
  • Sawyer Robertson, QB, Baylor: +6000
  • Bryce Underwood, QB, Michigan: +6000
  • Kyron Drones, QB, Virginia Tech: +7500
  • Haynes King, QB, Georgia Tech: +7500
  • Devon Dampier, QB, Utah: +8000
  • Darian Mensah, QB, Duke: +8000
  • Beau Pribula, QB, Missouri: +9500
  • Demond Williams Jr., QB, Washington: +9500
  • Mikey Keene, QB, Michigan: +10000
  • Austin Mack, QB, Alabama: +10000

🗳️ How Heisman Trophy voting works

The ballots go out to Heisman Trophy voters (928 voters) on Monday, Dec. 1, and the deadline to vote is Monday, Dec. 8, with the Heisman finalists being announced that day. The finalist will receive invites to the Heisman Trophy ceremony in New York, which is set for Saturday, Dec. 13 at 8 p.m. ET (ESPN). 

Heisman Trophy odds will likely be pulled from sportsbooks in the days following the submission deadline.


💰 Heisman Trophy odds history

Year Name Preseason odds
2024 Travis Hunter, WR/CB, Colorado +3500
2023 Jayden Daniels, QB, LSU +1000
2022 Caleb Williams, QB, USC +600
2021 Bryce Young, QB, Alabama +800
2020 Devonta Smith, WR, Alabama +10000
2019 Joe Burrow, QB, LSU +4000
2018 Kyler Murray, QB, Oklahoma +3000
2017 Baker Mayfield, QB, Oklahoma +1000
2016 Lamar Jackson, QB, Louisville +10000
2015 Derrick Henry, RB, Alabama +2500
2014 Marcus Mariota, QB, Oregon +425
2013 Jameis Winston, QB, Florida State +600

🥇 Heisman Trophy winners by position

Position Heisman Trophy winners
Running back 40
Quarterback 38
Wide receivers 5
Tight end 2
Fullback 2
Halfback 2
Cornerback 2

❓Heisman Trophy FAQs

Who are the Heisman Trophy favorites?

Ohio State's Julian Sayin is the Heisman Trophy odds favorite. His odds (+210) imply a 32.26% probability he'll win, according to our odds calculator. Indiana's Fernando Mendoza (+230), Alabama's Ty Simpson (+450), and Texas A&M's (+850) trail. 

What are Arch Manning's Heisman Trophy odds?

Texas QB Arch Manning has +25000 Heisman Trophy odds. After having odds as short as +700 before the season, Manning's odds now imply just a 0.4% probability he will win the award.

Who won the Heisman Trophy last year?

Colorado's Travis Hunter was named the 2024 Heisman Trophy winner. His preseason odds were +3500.

When will the Heisman Trophy be decided?

The 2025 Heisman Trophy ceremony will be Saturday, Dec. 13, at 8 p.m. ET on ESPN.

Where will the Heisman Trophy ceremony take place?

The 2025 Heisman Trophy ceremony will take place at Lincoln Center’s Appel Room in New York City. The venue has hosted each of the last three Heisman Trophy presentations.


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