2022 Heisman Trophy Odds: A Two-Player Race Already?

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According to the odds listed at sportsbooks, the Heisman Trophy race is down to two guys—CJ Stroud and Caleb Williams.

Yes, Bryce Young’s not far behind, but his Heisman Trophy odds are trending in the wrong direction.

Stroud and Williams have yet to play anyone of consequence, but will finally get tested with conference play getting underway. Should either slip and have a lackluster game, several players could leapfrog both to the top of Heisman Trophy betting boards.

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2022 Heisman Trophy Odds

Odds for the top 10 players at DraftKings (with corresponding odds at BetMGM, Caesars, and PointsBet) are current as of September 19:

2022 Heisman Trophy WinnerPositionSchoolDraftKingsBetMGMPointsBetCaesars
C.J. StroudQBOhio State+200+250+200+275
Caleb WilliamsQBUSC+300+300+300+350
Bryce YoungQBAlabama+450+450+500+425
Stetson BennettQBGeorgia+1200+1600+2000+1600
Dillon GabrielQBOklahoma+2000+1600+1300+1600
JJ McCarthyQBMichigan+2000+2500+3300+2200
Bijan RobinsonRBTexas+3000+6600+9000+5000
Will AndersonLBAlabama+3000+4000+8000+4000
Hendon HookerQBTennessee+4000+4000+5000+4000
Jahmyr GibbsRBAlabama+4000+4000+6600+6000

CJ Stroud looked the part of a Heisman Trophy frontrunner against Toledo with a 367-yards, five-touchdown day. But he should play that well against a team like the Rockets. For him to win the Heisman, he’ll need to have similar days against teams like Wisconsin—who the Buckeyes play on Saturday.

Caleb Williams entered the season in prove-it mode since he was at a new school with new teammates. But, like Stroud, he needs to play just as well against the better teams on USC’s schedule as he has against the weaker teams.

Michigan quarterback J.J. McCarthy is the lone newcomer to the top ten of the DraftKings Heisman Trophy oddsboard. As the quarterback of the No. 4 team in the country, it is not shocking to see him in the Heisman race. But, while he has played efficient, effective football so far, Michigan’s schedule has been the definition of weak.

Heisman Odds for Notable Week 1 Performances: QBs

The big difference between the players in this table and any of the Heisman Trophy frontrunners is simply notoriety. They have played and produced just as well as Bryce Young, CJ Stroud, and Caleb Williams—but no one knows who they are. So, since they are not household names, they must prove themselves before they will be taken seriously as contenders.

But in the coming weeks, several of them will get their shot. Odds current as of September 19:

PlayerTeamWeek 1 Game StatsOdds (viaDraftKings)
Spencer SandersOklahoma State13-16 for 242 yards and 4 TDs+5000
Will LevisKentucky27-35 for 377 yards, 3 TDs (1 rushing), 2 INTs+6000
KJ JeffersonArkansas19-31 for 385 yards, 2 TDs, 1 INT; nine carries for 40 yards, 1 TD+7000
Michael Penix Jr.Washington24-40 for 397 yards, 4 TDs+4500
Sam HartmanWake Forest26-44 for 325 yards, 3 TDs, 2 INTs+5000
Connor BazelakIndiana33-55 for 364 yards, 2 TDsNot Listed
Will RogersMiss. State24-42 for 214 yards, 1 TD, 1 INT+7000
Tua TagovailoaMaryland17-23 for 214 yards, 2 TDs; 13 carries for 51 yards+9000
John Rhys PlumleeCentral Florida25-36 for 339 yards, 1 TD, 1 INT; 20 carries for 121 yards, 2 TDsNot Listed

Sam Hartman has quietly had a good season for Wake Forest. But he needs to lead the Demon Deacons to a win over Wake Forest to become a contender. KJ Jefferson needs to lead Arkansas to a win over Texas A&M. Spencer Sanders needs to beat Baylor this weekend. Will Levis already has a marquee win on his resume (vs. Florida), but he’ll get a chance for another against Ole Miss in a couple of weeks.

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Heisman Odds For Notable Week 1 Performances: RBs and WRs

Quarterbacks get the bulk of the attention when it comes to the Heisman, but that does not mean you should overlook running backs and wide receivers. After all, a receiver did win a couple of years ago (Devonta Smith), and there have been more winners at running back than in any other position.

The following table contains the Heisman odds for some of the notable Week 1 performances for running backs and wide receivers:

PlayerTeamPositionWeek 3 Game StatsOdds (viaDraftKings)
Blake CorumMichiganRB12 carries for 71 yards. 5 TDs+8000
Will ShipleyClemsonRB12 carries for 139 yards. 2 TDs+9000
Raheim SandersArkansasRB22 carries for 167 yards, 1 TD; 2 receptions for 75 yards, 1 TDNot Listed
Richard ReeseBaylorRB19 carries for 156 yards, 3 TDsNot Listed
Mohamed IbrahimMinnesotaRB23 carries for 202 yards, 3 TDs+10000
Dewayne McBrideUABRB28 carries for 223 yards, 4 TDsNot Listed
Aidan RobbinsUNLVRB29 carries for 227 yards, 3 TDsNot Listed
Ja'Lynn PolkWashingtonWR6 receptions for 153 yards, 3 TDsNot Listed
Rashee RiceSMUWR11 receptions for 193 yardsNot Listed
Marvin Harrison Jr.Ohio StateWR6 receptions for 102 yards, 2 TDs+5500

Playing well is not enough for running backs and wide receivers to win the Heisman. They need to be why their team wins a big game to have a shot. Voters may overlook their contribution if their quarterback also has a big game.

Betting Analysis: The Word Of The Day Is Long

Bet on Young, Stroud, or Williams if you must. All three will play better as the season progresses, making them strong candidates. However, their odds will probably not change drastically from now until then. For now, the better play is to go with someone with longer odds.

The following are some of our favorites:

Dillon Gabriel, QB, Oklahoma

He’s thriving with the Sooners. As soon as he guides the team to a win on national television in prime time, the whole country will be talking about him—and betting on him, too.

K.J. Jefferson, QB, Arkansas

He had another solid outing last week, but Arkansas should have crushed Missouri State. The next two weeks will be telling for Jefferson’s chance of winning. Arkansas has Texas A&M this week and Alabama the week after.

Sam Hartman, QB, Wake Forest

He had a solid game against Liberty last week, but whether he has a shot at winning the Heisman will hinge on whether he can beat Clemson this weekend.

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Heisman Trophy Odds: Sleepers/Longshots

Will Levis, QB, Kentucky

Other than Florida, Kentucky’s opponents have been pretty soft, but Levis is the real deal. His odds will be long until he gets his first big win (which will be in two weeks against No. 16 Ole Miss).

Michael Penix Jr., QB, Washington

The former Indiana QB has been throwing up some impressive numbers for Washington and did so last weekend when the Huskies took down a ranked Michigan State team. But the Pac-12 is not particularly strong this year; the only ranked team on their schedule is No. 15 Oregon (Nov. 12).

Taulia Tagoviola, QB, Maryland

Turnovers and inconsistent play plagued Tagoviola early in his career, but he has done a solid job of protecting the ball this year and has been pretty consistent. But to have a shot, he’ll need to guide the Terrapins to a win over No. 4 Michigan this weekend (Maryland is a 17-point underdog).

Heisman Trophy Winners History

Here’s a look back at the odds of Heisman winners via SportsOddsHistory.com:

YearHeisman WinnerPositionSchoolOdds Prior To Week 1
2021Bryce YoungQBAlabama+800
2020Devonta SmithWRAlabama+10000
2019Joe BurrowQBLSU+4000
2018Kyler MurrayQBOklahoma+3000
2017Baker MayfieldQBOklahoma+1000
2016Lamar JacksonQBLouisville+10000
2015Derrick HenryRBAlabama+2500
2014Marcus MariotaQBOregon+425
2013Jameis WinstonQBFSUNot Listed
2012Johnny ManzielQBTexas A&MNot Listed
2011Robert Griffin IIIQBBaylor+2800
2010Cam NewtonQBAuburnNot Listed
2009Mark IngramRBAlabamaNot Listed
2008Sam BradfordQBOklahomaNA
2007Tim TebowQBFloridaNA
2006Troy SmithQBOhio StateNA
2005Reggie BrushRBUSCNA
2004Matt LeinartQBUSCNA
2003Jason WhiteQBOklahomaNA
2002Carson PalmerQBUSCNA
2001Eric Crouch QB/WRNebraskaNA

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More NCAAF Futures 

Along with the Heisman Trophy, bettors have a range of additional college football futures to wager on. The following are some we have covered:

College Football Betting 101

Jumping into the wide world of sports betting can be a little tricky. While making mistakes can help you learn, mistakes when betting often result in losing money— no one wants to do that! So, before you get started on your sports betting journey, or if you have questions along the way, these pages may help you find answers:

About the Author
Travis Pulver

Travis Pulver

Writer and Contributor
Travis Pulver is a Senior Writer for Gaming Today and a lifelong football fan, something he says comes naturally having been born in the football-crazy state of Texas. Through the years, his love of sports has extended into baseball, basketball, golf, and rugby. Life currently finds him in Indiana with his wife and two kids.

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