Heisman Odds, Futures, and How to Bet: Jeremiah Smith Overwhelming Favorite

Jeremiah Smith leads the latest Heisman Trophy odds, plus live futures and a guide to betting the market.
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Ohio State wide receiver Jeremiah Smith has surged to the top of the 2026 Heisman Trophy odds at +270, with Mississippi State quarterback Kamario Taylor emerging as one of the biggest movers on the board at +700.

Miami quarterback Darian Mensah is also firmly in the mix at +350, followed by Notre Dame quarterback CJ Carr at +1150 and Alabama quarterback Keelon Russell at +1200.

Check out the rest of the 2026 Heisman Odds as we head into Week 5. 

📊 Heisman Trophy odds 2026

Live Heisman Trophy odds via our best sports betting sites:


🤑 Heisman Trophy betting insights

Betting insights via BetMGM, last updated Sept. 22.

Line movement (open to now)

  • Arch Manning (+800 to +1100)
  • Dante Moore (+1000 to +6000)
  • Jeremiah Smith (+1400 to +1100)

Most tickets

1. Arch Manning (21.1%)
2. CJ Carr (13.3%)
3. Julian Sayin (7.3%)

Most handle

1. Arch Manning (19.9%)
2. CJ Carr (12.4%)
3. Dante Moore (8%)

Biggest liability

1. Arch Manning
2. Drew Mestemaker
3. Jaron-Keawe Sagapolutele


Heisman Trophy opening and preseason odds

This table shows Heisman futures odds at key points earlier in the season for historical comparison. For current prices, refer to the odds table above. Odds courtesy Sports Odds History.

Player Jan. 20 April 8 Sept. 29
Jeremiah Smith, WR, Ohio State +1400 +1400 +270
Darian Mensah, QB, Miami OFF +1600 +350
Kamario Taylor, QB, Mississippi State OFF OFF +700
CJ Carr, QB, Notre Dame +750 +800 +1150
Keelon Russell, QB, Alabama +8000 +8000 +1200
Trinidad Chambliss, QB, Ole Miss OFF +1200 +1400
Malachi Toney, WR, Miami +4000 +3300 +1900
Julian Sayin, QB, Ohio State +1100 +1400 +3000
Gunner Stockton, QB, Georgia +1500 +1600 +3000
Arch Manning, QB, Texas +800 +800 +3200
Josh Hoover, QB, Indiana +1200 +1600 +4800
Jayden Maiava, QB, USC +1100 +2700 +5500
Aaron Philo, QB, Florida +6600 +7000 +6000
Sam Leavitt, QB, LSU +1400 +2000 +7000
Bear Bachmeier, QB, BYU +6600 +8000 +8000
Kevin Jennings, QB, SMU +6600 +12500 +11000
Lincoln Kienholz, QB, Louisville +8000 +8000 +11500
Conner Weigman, QB, Houston +8000 +10000 +12000
Devon Dampier, QB, Utah +6600 +8000 +15000
Bryce Underwood, QB, Michigan +3500 +3500 +18000
LaNorris Sellers, QB, South Carolina +4000 +4000 +18000
Avery Johnson, QB, Kansas State +6600 +8000 +20000
Rocco Becht, QB, Penn State +6600 +6600 +20000
Demond Williams Jr., QB, Washington +4500 +5500 +25000
Byrum Brown, QB, Auburn +4500 +5500 +40000
Dante Moore, QB, Oregon +1000 +1200 OFF
Marcel Reed, QB, Texas A&M +2200 +2000 OFF
Brendan Sorsby, QB, Texas Tech +2500 +8000 OFF
John Mateer, QB, Oklahoma +2500 +3500 OFF
Austin Mack, QB, Alabama +5000 +4000 OFF
Jaron-Keawe Sagapolutele, QB, Cal +8000 +8000 OFF

What are Heisman Trophy odds?

Heisman Trophy odds are futures bets on which player will win college football’s top individual award at the end of the season. Unlike weekly game odds, these markets stay open for months and move constantly based on on-field performance, team success, injuries, media buzz, and betting action.

Because the Heisman is as much about narrative as stats, prices across our best college football betting sites can swing fast after big prime-time games or signature moments, and the live odds you see are essentially the market’s real-time opinion of each player’s chances at that point in the season.

How Heisman futures betting works

Heisman futures betting lets you wager on which player will win the award at odds that reflect how strong their candidacy looks at the moment you place the bet. Once you lock in a Heisman future, your odds don’t change, even though the market will keep moving as the season plays out.

Because the Heisman market stays open for months, prices shift with every big game, injury, depth-chart change, or surge in media attention. Bettors can usually place these wagers before the season, throughout the year, and often up until the December award ceremony.

What moves Heisman Trophy odds during the season?

Heisman odds move throughout the college football season as our best sports betting sites react to new information and shifts in betting interest, with each player’s price tied to how strong their overall award case looks at that moment. The biggest drivers are on-field performance in high-visibility games, team success, and injuries, especially to quarterbacks and other skill players.

Late-season momentum, strength of competition, and growing media or public attention can also push odds up or down as sportsbooks balance risk in the Heisman futures market.

When can you bet Heisman Trophy futures?

Heisman Trophy futures are usually posted well before the college football season kicks off - often before the prior season ends - and stay open through most of the year.

Because the market spans such a long stretch, odds can change dramatically, with early prices driven by preseason hype and expectations, while later numbers are shaped by real game results, team success, and evolving award narratives. Availability and cutoff timing can vary, so bettors may see differences in how long Heisman futures remain open from book to book.

Where can you bet Heisman Trophy futures?

Heisman Trophy futures are offered by all of our best sports betting apps, both online and at retail sportsbooks in jurisdictions where college player awards are available to bet on. While the market is widely accessible, the players listed, college football odds offered, and betting limits can vary from one sportsbook to another, and availability may also differ by location due to local regulations and house rules.

As the season goes on, some sportsbooks may adjust limits or pull certain Heisman markets entirely, depending on risk exposure and internal policies.

Heisman odds vs. other college football futures markets

Heisman odds focus specifically on which player will win college football’s top individual award, but they’re just one part of a much larger futures betting landscape. Other college football futures, such as college football championship odds, team win totals, College Football Playoff odds, and national title futures, all measure different outcomes and come with different levels of risk.

Compared to many team-based futures, Heisman odds can offer longer prices because a player needs elite performance, team success, and the right narrative to win, and movement in related markets can influence Heisman pricing as the season and playoff picture take shape.

Can you bet on Heisman odds live during the season?

Yes, Heisman futures betting typically remains available through much of the college football season, allowing bettors to place wagers even after games have been played and players have built resumes. As results roll in, odds are adjusted to reflect updated expectations around performance, team success, and award narratives.

That said, availability and cutoff timing can vary by sportsbook, and some operators may limit or close Heisman markets later in the season, especially as the shortlist narrows, so bettors may notice differences in which players are still offered and how prices are posted.


📜 Heisman odds movement history

This section looks at how Heisman Trophy futures odds have moved in past college football seasons, highlighting how the market typically evolves as uncertainty decreases and contenders emerge. The charts below show odds movement for leading teams over the course of each season, based on historical sportsbook pricing.


❓ Heisman Trophy FAQs

Do Heisman odds include the playoffs?

No. Stats and performance only through the college football conference championship games can be counted toward Heisman Trophy voting.

Do Heisman odds lock in when you place a bet?

Yes. Once a college football futures bet is placed, the odds are locked and do not change, even if the market moves later.

Can you bet Heisman Trophy odds during the college football season?

Yes. College football futures are typically available throughout much of the NCAAF season, though availability and cutoff timing can vary by sportsbook.

Why do Heisman odds differ between sportsbooks?

Odds can vary due to differences in betting volume, risk management, and how each sportsbook prices its futures markets. Books can draw different handle shares from different regions and be influenced by large fanbases betting on the local player.

What causes Heisman Trophy odds to move over time?

Heisman odds move as sportsbooks react to new information such as game results, injuries, and shifts in betting activity.

When is the Heisman Trophy awarded?

The Heisman Trophy is awarded annually in mid-December, typically on the second Saturday night of the month.


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