Heisman Trophy Odds & Betting Favorites For 2024

The 2024 college football season is slowly inching closer. Every day, more bettors are opening up the BetMGM online sportsbook and taking a look at the college football futures available for handicappers. 

The Heisman Trophy odds remain one of the most popular year-to-year markets for fans to buy a ticket. Unsurprisingly, the Heisman market is heating up for another season of college football as the summer creeps on.

Every season, I go deep into Heisman odds betting research, breaking down the market name by name. I provide that extensive analysis for readers and bettors below.

Heisman Odds 2024

Heisman Trophy Prediction: Who Will Win the Heisman Trophy This Year?

Based on the current futures market, Carson Beck and Dillon Gabriel each have an implied 11.8% chance to win the 2024 Heisman Trophy.

Quinn Ewers and Jalen Milroe(+1000, 9.1%) are the next most likely to win the Heisman.

Heisman Watch 2024: Preseason

Dating back to Cam Newton’s 2010 Heisman, 12 of the last 14 winners have been quarterbacks. 

Five of the quarterbacks were from the SEC. Three were from the Big 12. Two apiece came from the Pac-12 and ACC.

The two non-quarterbacks were Alabama running back Derrick Henry (2015) and Alabama wide receiver DeVonta Smith (2020).

Based on the history, it’s not surprising that four of the five top names atop the early Heisman board are SEC quarterbacks.

Carson Beck Heisman Odds To Win, 2024

Carson Beck, the Georgia quarterback, is currently +750 to win the Heisman Trophy.

Kirby Smart and Georgia are known for defense, which might explain why the young, semi-invisible Beck got a bit lost in the shuffle in 2023. 

Beck threw for 3,941 yards and 24 touchdowns (six interceptions) last season. His 85.2 Total QBR ranked seventh among all 2023 college football quarterbacks. Three of the six guys ahead of him just got drafted.

Beck’s biggest problem in the Heisman market is perception. Ask a random college football fan to name an offensive player from Georgia’s 2023 team, and the most common response is likely tight end Brock Bowers. That’s a real problem for any quarterback with Heisman aspirations.

Still, there was a time when a Nick Saban-era Alabama quarterback receiving Heisman acclaim was practically unthinkable. But if you’re good enough for long enough, people who matter do eventually notice. 

I think 2024 is the season where Beck will demand national respect.

Dillon Gabriel Heisman Odds To Win, 2024

Dillon Gabriel, the Oregon quarterback, is currently +750 to win the Heisman Trophy.

Gabriel has transferred to Oregon to succeed Bo Nix for a Ducks program that is well-positioned for a spot in the expanded 12-team playoff. 

Dan Lanning is among the youngest coaches in college football, but he’s clearly got a system in place that works. Nix was a veteran quarterback who put up huge numbers and nearly won the Heisman in 2023; Gabriel could fit a very similar mold in 2024.

Quinn Ewers Heisman Odds To Win, 2024

Quinn Ewers, the Texas quarterback, is currently +1000 to win the Heisman Trophy.

Ewers is a two-year starter and 2023 College Football Playoff quarterback, so he’ll bring plenty of experience with him as the Longhorns prepare to enter the SEC. 

Naturally, weekly games against SEC defenses will give Ewers even more chance to shine as a potential Heisman candidate and NFL prospect. 

Ewers already spent most of 2023 as a Heisman-relevant player, so the drumbeat will only get louder during the upcoming season.

Jalen Milroe Heisman Odds To Win, 2024

Jalen Milroe, the Alabama quarterback, is currently +1000 to win the Heisman Trophy.

Milroe looked lost for long stretches in the opening weeks of the 2023 season. By the end of the year, he was leading impossible comebacks and beating superior teams in helping the Crimson Tide win SEC championship. There’s wide agreement that Saban turned in one of the best coaching performances of his career during his final year in Tuscaloosa. 

So … now what? Alabama will open up the Kalen DeBoer era with Milroe as a far more seasoned quarterback. At least for now, Alabama football and its head coach remain rightfully hyped. That means preseason Heisman buzz for Milroe. 

Whether or not the buzz solidifies into substance will depend on Milroe and his early performances – particularly a Sept. 28 game against Georgia.

Will Howard Heisman Odds To Win, 2024

Will Howard, the Ohio State quarterback, is currently +1300 to win the Heisman Trophy.

The former Kansas State playmaker is joining the roster at Ohio State as a graduate transfer. After a 2023 season marred by missed expectations – especially at quarterback – the Buckeyes are happy to have him.

Howard was effective at Kansas State, which likely means a tenure with five-star complimentary pieces in Columbus could spell true high-level success for Howard. 

However, Howard will appear on most watchlists mainly because he’s the Ohio State quarterback – not necessarily because of what he’s already shown us in the Big 12. 

Ohio State quarterbacks automatically appear in the Heisman odds table regardless of how good they actually are. See also: McCord, Kyle. Last year’s eventual starter was +2500 in the BetMGM Heisman market in July 2023. 

Jaxson Dart Heisman Odds To Win, 2024

Jaxson Dart, the Ole Miss quarterback, is currently +1500 to win the Heisman Trophy.

Dart is entering his third year with Lane Kiffin at Ole Miss. He bumped his numbers from 2,974 passing yards and 21 total touchdowns (11 INTs) in 2021 to 3,364 passing yards and 31 total touchdowns (5 INTs) in 2022. 

If Dart can make a similar improvement this season, the Rebels could compete for an SEC championship and/or playoff berth. But the conference is stacked with would-be Heisman candidates, and it’s far from guaranteed that Dart can slay all the dragons in front of him. A +1500 price seems awfully short, given the fundamentals. 

Nico Iamaleava Heisman Odds To Win, 2024

Nico Iamaleava, the Tennessee quarterback, is currently +1500 to win the Heisman Trophy.

Iamaleava is a redshirt freshman and former No. 1 overall recruit who’s getting heavy praise by the market here. 

Iamaleava will take over for Joe Milton, who played in head coach Josh Heupel’s scheme last year and racked up 2,813 passing yards and 27 total touchdowns. 

To be Heisman relevant, Iamaleava’s first campaign will need to look a bit more like Hendon Hooker’s 2022 season at Tennessee, when the former Vols quarterback took home SEC Offensive Player of the Year honors. 

Garrett Nussmeier Heisman Odds To Win, 2024

Garrett Nussmeier, the LSU quarterback, is currently +1800 to win the Heisman Trophy.

Nussmeier is a mostly unproven sophomore from Lake Charles, Louisiana, who seems quite overpriced here at +1800. 

LSU may have produced two of the last five Heisman winners, but if you’re buying Nussmeier here, you’re paying the Jayden Daniels tax.

Cam Ward Heisman Odds To Win, 2024

Cam Ward, the Washington State quarterback, is currently +2000 to win the Heisman Trophy.

I loved Ward when he was at FCS Incarnate Word back in 2021, so I was thrilled to see him remaining Heisman-relevant this season with a transfer from Washington State to Miami.

If Ward’s talents match head coach Mario Cristobal’s offense, he could be the best quarterback in the ACC this year.

Shedeur Sanders Heisman Odds To Win, 2024

Sheduer Sanders, the Colorado quarterback, is currently +3000 to win the Heisman Trophy.

Shedeur is the youngest son of his father, current Colorado head coach Deion Sanders. Shedeur played quarterback for two years at FCS Jackson State (2021-22) before following his father to Colorado for the 2023 season.

Shedeur threw for 3,230 yards and 27 touchdowns in 2023, but his QBR was outside the top 50. He certainly has the hype and clout needed for a Heisman run, but it’s not clear if he’s a good enough football player. 

After a tough year in a very good Pac-12, a new Big 12 schedule for 2024 may give him the bump he needs to remain Heisman-relevant beyond the first week of October. 

Travis Hunter Heisman Odds To Win, 2024

Travis Hunter, the Colorado WR/DB, is currently +5000 to win the Heisman Trophy.

Hunter is currently the defensive player with the best odds to win the Heisman in 2024. 

List of Heisman Trophy Winners