Heisman Trophy Odds & Betting Favorites For 2024

Colorado wide receiver Travis Hunter, front, jokes with teammates as he waits with quarterback Shedeur Sanders to do a television interview after an NCAA college football game against Utah Saturday, Nov. 16, 2024, in Boulder, Colo.
(AP Photo/David Zalubowski)
  • Heisman odds at BetMGM price Travis Hunter as the -2500 favorite.
  • Boise State running back Ashton Jeanty (+1000) has the second-best odds.
  • As of now, just four players are left with odds.

The 2024 Heisman race has entered its final days.

After record betting and weeks-long debate over dozens of quarterbacks and impact players, a running back and a WR/DB have taken command of the market.ย 

Only four players remain in BetMGMโ€™s market: Travis Hunter, Ashton Jeanty, Cam Ward, and Dillon Gabriel. These are the players I have highlighted for weeks as the most likely Heisman Trophy finalists for this season.

Heisman Odds Market Breakdown

Player (Team)Current OddsOpening Odds
Travis Hunter (Colorado)-2500+3500
Ashton Jeanty (Boise State)+1000[off the board]
Cam Ward (Miami)+25000+2000
Dillon Gabriel (Oregon)+25000+800

Heisman Trophy Prediction

Based on the current futures market, Travis Hunter has an implied 96.15% chance of winning the 2024 Heisman Trophy.

Heisman Watch 2024

In the eyes of the market, Hunter appeared to lock up the Heisman Trophy after Week 13, when he was adjusted down to -1000.

While four finalists remain available in the market, the Heisman race appears to be all but over.

Heisman Odds: Travis Hunter

Travis Hunter, the Colorado WR/DB, is currently -2500 to win the Heisman Trophy.

Hunter has emerged as the late-season Heisman favorite for a vintage reason: Heโ€™s the best player in college football.

At the start of the 2024 season, there were two major betting concerns about Travis Hunterโ€™s Heisman odds. The first was that Colorado might not be good enough as a team for his excellent play to shine; the second was that Hunterโ€™s heavy workload might lead to injuries, just like in 2023.ย 

But Colorado eventually worked its way into the Big 12 title race.ย As for injuries, Hunter did miss a little bit of time in October with a shoulder injury, but it hasnโ€™t kept him off the field enough to permanently damage his Heisman campaign.ย 

Hunter can lay a strong claim to being the most outstanding player in college football. Heโ€™s only the second player with 10 receiving touchdowns and at least two interceptions in the same season since 1980.

Heisman Odds: Ashton Jeanty

Ashton Jeanty, the Boise State running back, is currently +1000 to win the Heisman Trophy.

Jeanty is a name that was on absolutely no oneโ€™s Heisman board during the 2024 preseason, but the Broncosโ€™ incredible playmaker has already rushed for 2,497 yards through 12 games.ย 

The numbers are so strong that they spurred an impossible-to-foresee rise in Ashton Jeantyโ€™s Heisman odds. Jeanty is on the cusp of breaking Barry Sandersโ€™ single-season NCAA rushing yards record.ย 

Heisman Odds: Cam Ward

Cam Ward, the Miami quarterback, is currently +25000 to win the Heisman Trophy.

Ward has been nothing short of a wizard in South Beach this season, engineering comeback after comeback for the sluggish, slow-starting Hurricanes.ย 

Unfortunately, that tendency finally (and perhaps inevitably) caught up with them in Week 11, as Miami lost its first game of the year at unranked Georgia Tech.ย 

Once again, Ward took the field with under two minutes, needing yet another go-ahead touchdown drive. This time, the magic finally ran out, and he fumbled the ball during a sack inside his own 20-yard line.ย 

Still, he has elevated the Hurricanes with huge stats and last-minute heroics. Cam Wardโ€™s Heisman odds have been relevant all season, and heโ€™s likely to finish the season as a Heisman finalist.

Heisman Odds: Dillon Gabriel

Dillon Gabriel, the Oregon quarterback, is currently +25000 to win the Heisman Trophy.

In Week 7, Gabriel delivered one of the signature performances of the 2024 season against Ohio State, posting a 23-for-34 passing line for 341 yards and two touchdowns. He added an extra 32 yards on the ground and a rushing touchdown, and Oregon beat Ohio State 32-31.ย 

Gabriel has spent most of the second half of the season as either the favorite to win the Heisman or a serious contender near the top of the table.ย 

If Iโ€™m honest, though, I could never quite shake the feeling that Gabriel looked less like a future Heisman winner and more like an effective quarterback on a No. 1 team. Those arenโ€™t quite the same thing!

Dillon Gabrielโ€™s Heisman odds finally crashed down to earth after Oregonโ€™s tight 16-13 win over Wisconsin in Week 12. He threw for 218 yards and no touchdowns (one interception) after the Ducksโ€™ offense scraped together a fourth-quarter comeback to remain undefeated.ย 

Gabriel might very well win a national championship with Oregon this year, but itโ€™s hard to see him returning to the top of the Heisman table.

Previous Heisman Trophy Winners

YearWinnerPositionSchool
2023Jayden DanielsQuarterbackLSU
2022Caleb WilliamsQuarterbackUSC
2021Bryce YoungQuarterbackAlabama
2020DeVonta SmithWide ReceiverAlabama
2019Joe BurrowQuarterbackLSU
2018Kyler MurrayQuarterbackOklahoma
2017Baker MayfieldQuarterbackOklahoma
2016Lamar JacksonQuarterbackLouisville
2015Derrick HenryRunning BackAlabama
2014Marcus MariotaQuarterbackOregon
2013Jameis WinstonQuarterbackFlorida State
2012Johnny ManzielQuarterbackTexas A&M
2011Robert Griffin IIIQuarterbackBaylor
2010Cam NewtonQuarterbackAuburn
2009Mark Ingram IIRunning BackAlabama
2008Sam BradfordQuarterbackOklahoma
2007Tim TebowQuarterbackFlorida
2006Troy SmithQuarterbackOhio State
2005Reggie Bush*Running BackUSC
2004Matt LeinartQuarterbackUSC
2003Jason WhiteQuarterbackOklahoma
2002Carson PalmerQuarterbackUSC
2001Eric CrouchQuarterbackNebraska
2000Chris WeinkeQuarterbackFlorida State
1999Ron DayneRunning BackWisconsin
1998Ricky WilliamsRunning BackTexas
1997Charles WoodsonCorner BackMichigan
1996Danny WuerffelQuarterbackFlorida
1995Eddie GeorgeRunning BackOhio State
1994Rashaan SalaamRunning BackColorado
1993Charlie WardQuarterbackFlorida State
1992Gino TorrettaQuarterbackMiami (FL)
1991Desmond HowardWR/PRMichigan
1990Ty DetmerQuarterbackBYU
1989Andre WareQuarterbackHouston
1988Barry SandersRunning BackOklahoma State
1987Tim BrownWide ReceiverNotre Dame
1986Vinny TestaverdeQuarterbackMiami (FL)
1985Bo JacksonRunning BackAuburn
1984Doug FlutieQuarterbackBoston College
1983Mike RozierRunning BackNebraska
1982Herschel WalkerRunning BackGeorgia
1981Marcus AllenRunning BackUSC
1980George RogersRunning BackSouth Carolina
1979Charles WhiteRunning BackUSC
1978Billy SimsRunning BackOklahoma
1977Earl CampbellRunning BackTexas
1976Tony DorsettRunning BackPittsburgh
1975Archie Griffin (2)QuarterbackOhio State
1974Archie GriffinQuarterbackOhio State
1973John CappellettiRunning BackPenn State
1972Johnny RodgersRB/WRNebraska
1971Pat SullivanQuarterbackAuburn
1970Jim PlunkettQuarterbackStanford

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Our BetMGM betting authors are experts who focus on individual game matchups & player prop bets with an emphasis on betting odds, lines & predictions.

Our BetMGM betting authors are experts who focus on individual game matchups & player prop bets with an emphasis on betting odds, lines & predictions.