2022 Heisman Trophy Odds: CJ Stroud’s To Lose Already?

GamingToday.com is an independent sports news and information service. GamingToday.com has partnerships with some of the top legal and licensed sportsbook companies in the US. When you claim a bonus offer or promotion through a link on this site, Gaming Today may receive referral compensation from the sportsbook company. Although the relationships we have with sportsbook companies may influence the order in which we place companies on the site, all reviews, recommendations, and opinions are wholly our own. They are the recommendations from our authors and contributors who are avid sports fans themselves.

For more information, please read How We Rank Sportsbooks, Privacy Policy, or Contact Us with any concerns you may have.

Gaming Today is licensed and regulated to operate in AZ, CO, CT, IN, KS, LA, MI, NJ, NY, PA, TN, and VA.

After another stellar outing, Heisman Trophy odds have shifted in favor of Ohio State quarterback C.J. Stroud. According to the latest odds (as of September 26), he has a 38.46-44.44% of winning this year. However, while he is a strong candidate, don’t hand him the trophy just yet.

Not only do preseason favorites rarely win, but recent history has also not been kind to early-season Heisman favorites.

Bet on Heisman Trophy Futures at DraftKings: Get a $50 Free Bet + $1,000 Bonus

2022 Heisman Trophy Odds: CJ Stroud Has Not Won Yet

Odds for the top 10 players at DraftKings (with corresponding odds at BetMGM, Caesars, and PointsBet) are current as of September 26:

2022 Heisman Trophy WinnerPositionSchoolDraftKingsBetMGMPointsBetCaesars
C.J. StroudQBOhio State+140+150+125+160
Bryce YoungQBAlabama+350+400+500+450
Caleb WilliamsQBUSC+600+600+650+500
Hendon HookerQBTennessee+1600+1600+1700+1600
Stetson BennettQBGeorgia+1800+2200+2200+1600
Jalon DanielsQBKansas+2500+3000+6000+4000
Will AndersonLBAlabama+3000+4000+6600+4000
Dillon GabrielQBOklahoma+3000+3300+4000+4000
Sam HartmanRBWake Forest+3500+4000+4000+5000
Blake CorumRBMichigan+3500+4000+4000+3000

Last season’s winner, Bryce Young, had odds similar to Stroud’s at this point in the season (+150; odds via SportsOddsHistory.com). However, Matt Corral had shorter odds (+125). The odds for Trevor Lawrence got as low as -167 in 2020, but the former Clemson QB did not go on to win (Devonta Smith did). Tua Tagovailoa’s odds reached -150, but he didn’t go on to win, either.

Yes, CJ Stroud is building a solid case to win the Heisman Trophy this season; it’s why his Heisman odds are as short as they are. But that doesn’t mean bettors should ignore other players.

2022 Heisman Odds: Notable Performances Week 4

It is unlikely a player starts to build his Heisman resume. Not that it can’t happen; Caleb Williams briefly became a Heisman contender last year when he blew up against Texas in Week 6. But it’s more likely players that have been playing well could become contenders as the season progresses than for someone new to emerge.

But to have a shot at earning an invite to New York as a Heisman finalist, the players in the table below will need a big win or two on their resume.

Odds via DraftKings (current as of September 26):

PlayerTeamPositionWeek 3 Game StatsOdds (viaDraftKings)
DJ UiagaleleiClemsonQB26-41 for 371 yards, 5 TDs; 14 carries for 52 yards+4500
Will LevisKentuckyQB18-26 for 303 yards, 4 TDs+4500
KJ JeffersonArkansasQB12-19 for 171 yards, 2 TDs; 18 carries for 105 yards, 1 TD+8000
Devin LearyNC StateQB32-44 for 320 yards, 4 TDs, 1 INT+7000
Mohamed IbrahimMinnesotaRB22 carries for 103 yards, 1 TD; 2 receptions for 20 yards+9000
Bo NixOregon QB33-44 for 428 yards, 3 TDs, I INT+10000
Michael Penix Jr.WashingtonQB22-37 for 309 yard, 2 TDs+4000
Will RogersMississippi StateQB39-50 for 409 yards, 6 TDs+4500
Drake MayeUNCQB17-32 for 301 yards, 5 TDs; 13 carries for 37 yards+8000
Donovan SmithTexas TechQB38-56 for 331 yards, 2 TDs; 15 carries for 42 yards, 1 TD+25000 (via PointsBet)
Anthony RichardsonFloridaQB24-44 for 453 yards, 2 TDs, I INT; 17 carries for 62 yards, 2 TDs+6000

A loss at this point in the season will not necessarily eliminate any of them, but it will make the margin for error minimal. With two losses, Florida’s Anthony Richardson has his work cut out for him. But voters can overlook those losses if he continues to play well and the Gators upset Georgia in a few weeks.

Betting Analysis: Not Too Late To Go 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 favorite Heisman longshots/sleepers:

K.J. Jefferson, QB, Arkansas

The loss to Texas A&M hurts his case, especially since his fumble at the goal line played a pivotal role. But if he can guide the Razorbacks to a win over Alabama in a couple of weeks, it will become easy for voters to forgive that unfortunate fumble.

Will Levis, QB, Kentucky

Levis has looked the part of a Heisman-worthy quarterback this season, and he could win it once he beefs up his resume with wins over Ole Miss, Tennessee, and Georgia.

DJ Uiagalelei, QB, Clemson

After a disappointing season last year, it has been hard to get behind Uiagelelei to win the Heisman. But after watching him lead the Tigers to a big win over Wake Forest, it’s easier to get behind him. However, that could all change this weekend if Clemson loses to NC State.

Jalon Daniels, QB, Kansas

If you were not aware, the Jayhawks were undefeated and the owners of one of the most explosive offenses in college football—that’s okay. There hasn’t been a reason to pay attention to Kansas football in years. But with Daniels behind center for the Jayhawks, there is.

Sam Hartman, QB, Wake Forest

His odds would probably be inside the top five on betting boards had Wake Forest defeated Clemson last weekend. He can still add two nice wins to his resume with a victory against No. 23 Florida State this weekend and against No. 10 North Carolina State in a few weeks. But, because of the loss, he’ll need some help to have a chance to win.

Michael Penix Jr., QB, Washington

The former Indiana QB has been throwing up some impressive numbers for Washington, and he already has one big win on his resume (then-No. 11 Michigan State). But he only has a shot at one more (@ No. 13 Oregon on November 12), which may not be enough.

Add Another Sportsbook to Your Roster: Use promo code TODAYFULL for $1,250 on Caesars + 1000 Tier Credits + 1000 Reward Credits®

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

Bet college football hereSecure your risk-free bet with promo code TODAY at BetMGM

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.

Get connected with us on Social Media