Heisman Trophy Odds & Favorites 2025: Sayin, Mendoza Clear Favorites; Simpson, Reed Trail
With less than a month left in the regular season, the Heisman Trophy odds have two clear favorites in what's shaping up to be a four-man race following Week 11.
Ohio State's Julian Sayin remains a +180 Heisman Trophy odds favorite after a blowout win over Purdue. However, Indiana's Fernando Mendoza saw his odds cut from +210 to +190 thanks to a game-winning TD pass against Penn State, putting him neck and neck with Sayin.
Sayin and Mendoza lead the top two teams in college football this season, and it looks increasingly likely one of them will win the award, but Alabama's Ty Simpson (+800) and Texas A&M's Marcel Reed (+800) are still in the hunt. Though this Heisman race is far from over, those four look like a safe bet to be the finalists in New York City in December.
📊 Live Heisman Trophy odds 2025
Our 2025 Heisman Trophy odds update in real time based on the latest college football odds.
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📈 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 (16.3%) |
| Arch Manning, Texas (7.5%) | Dante Moore, Oregon (12.9%) |
| Garrett Nussmeier, LSU (6%) | Arch Manning, Texas (7.3%) |
| John Mateer, Oklahoma (5.9%) | Jeremiah Smith, Ohio State (5.4%) |
| LaNorris Sellers, South Carolina (5.1%) | Garrett Nussmeier, LSU (5.3%) |
🔢 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 (+180) imply a 35.71% probability he'll win, according to our odds calculator. Indiana's Fernando Mendoza (+190), Alabama's Ty Simpson (+550), and Texas A&M's Marcel Reed (+800) trail.
What are Arch Manning's Heisman Trophy odds?
Texas QB Arch Manning has +30000 Heisman Trophy odds. After having odds as short as +700 before the season, Manning's odds now imply just a 0.33% 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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