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.
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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 Winner||Position||School||DraftKings||BetMGM||PointsBet||Caesars|
|C.J. Stroud||QB||Ohio State||+140||+150||+125||+160|
|Sam Hartman||RB||Wake Forest||+3500||+4000||+4000||+5000|
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):
|Player||Team||Position||Week 3 Game Stats||Odds (viaDraftKings)|
|DJ Uiagalelei||Clemson||QB||26-41 for 371 yards, 5 TDs; 14 carries for 52 yards||+4500|
|Will Levis||Kentucky||QB||18-26 for 303 yards, 4 TDs||+4500|
|KJ Jefferson||Arkansas||QB||12-19 for 171 yards, 2 TDs; 18 carries for 105 yards, 1 TD||+8000|
|Devin Leary||NC State||QB||32-44 for 320 yards, 4 TDs, 1 INT||+7000|
|Mohamed Ibrahim||Minnesota||RB||22 carries for 103 yards, 1 TD; 2 receptions for 20 yards||+9000|
|Bo Nix||Oregon||QB||33-44 for 428 yards, 3 TDs, I INT||+10000|
|Michael Penix Jr.||Washington||QB||22-37 for 309 yard, 2 TDs||+4000|
|Will Rogers||Mississippi State||QB||39-50 for 409 yards, 6 TDs||+4500|
|Drake Maye||UNC||QB||17-32 for 301 yards, 5 TDs; 13 carries for 37 yards||+8000|
|Donovan Smith||Texas Tech||QB||38-56 for 331 yards, 2 TDs; 15 carries for 42 yards, 1 TD||+25000 (via PointsBet)|
|Anthony Richardson||Florida||QB||24-44 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.
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Heisman Trophy Winners History
Here’s a look back at the odds of Heisman winners via SportsOddsHistory.com:
Year Heisman Winner Position School Odds Prior To Week 1
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 FSU Not Listed
2012 Johnny Manziel QB Texas A&M Not Listed
2011 Robert Griffin III QB Baylor +2800
2010 Cam Newton QB Auburn Not Listed
2009 Mark Ingram RB Alabama Not Listed
2008 Sam Bradford QB Oklahoma NA
2007 Tim Tebow QB Florida NA
2006 Troy Smith QB Ohio State NA
2005 Reggie Brush RB USC NA
2004 Matt Leinart QB USC NA
2003 Jason White QB Oklahoma NA
2002 Carson Palmer QB USC NA
2001 Eric Crouch QB/WR Nebraska NA
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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:
- You can Roll with the Tide if you want, but there are better options in CFB National Championship odds.
- Big Ten Odds: The Ohio State Buckeyes want to regain their perch atop the Big Ten, but will they?
- Pac-12 Odds: One last conference title for USC?
- ACC Odds: Clemson favored (again), but there’s value elsewhere.
- SEC Odds: You’ll never guess who the favorite is…
- Big 12 Odds: One more time for the Sooners?
- MAC Odds: A longshot won the conference last year. Could it happen again?
- AAC Odds: One more time for Cincinnati?
- CFB Win Totals
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:
- Can you legally place a bet in your state?
- Sports betting laws vary from state to state; what are the rules about betting on college football in your state?
- It may seem like a simple task, but you’ll wish you reviewed how to place a bet after you accidentally bet on the wrong team.
- Not all sports betting apps are the same.
- The right welcome bonus can boost your bankroll.
- Line shopping is something every bettor needs to understand.
- Questions about betting odds? Wonder what causes them to change?
- It helps to know what implied probability is and how to calculate it.
- Our Tools page contains a lot of helpful information about several things.