Heisman Trophy Odds & Betting Favorites For 2024

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Kansas State quarterback Will Howard (18) is pressured by Texas defensive lineman Byron Murphy II (90) during overtime in an NCAA college football game in Austin, Texas, Saturday, Nov. 4, 2023. Texas coach Steve Sarkisian calls defensive tackles T’Vondre Sweat, an Outland Trophy finalist, and Byron Murphy II the best interior linemen tandem in the country and the anchor for a defense that leads the nation in third down efficiency and red zone defense.
(AP Photo/Eric Gay)
Chase Kiddy @chaseakiddy May 17, 2024, 2:32 PM

The 2024 college football season is still months away, but there’s major news in the futures market. The BetMGM online sportsbook has released its 2024 Heisman Trophy odds. 

It’s one of the year’s most popular college football odds markets. 

Every year, I go very deep into Heisman odds betting research, breaking down the market name by name. I provide that extensive analysis for you below.

Heisman Odds 2024

PlayerOpening Odds
Carson Beck+750
Quinn Ewers+800
Dillon Gabriel+900
Jalen Milroe+1000
Nico Iamaleava+1200
Will Howard+1400
Jaxson Dart+1500
Garrett Nussmeier+1800
Cam Ward+2000
Riley Leonard+2500
Noah Fifita+2500
Jackson Arnold+2500
Brady Cook+2500
Avery Johnson+2500
Conner Weigman+2500
DJ Uiagalelei+3000
Miller Moss+3000
Cade Klubnik+3000
Sheduer Sanders+3000
Jalon Daniels+4000
Travis Hunter+4000
Ollie Gordon+4000

Heisman Watch: Preseason 2024

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.

Quinn Ewers Heisman Odds To Win, 2024

Quinn Ewers, the Texas quarterback, is currently +800 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.

Dillon Gabriel Heisman Odds To Win, 2024

Dillon Gabriel, the Oregon quarterback, is currently +900 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.

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.

Nico Iamaleava Heisman Odds To Win, 2024

Nico Iamaleava, the Tennessee quarterback, is currently +1200 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. 

Will Howard Heisman Odds To Win, 2024

Will Howard, the Ohio State quarterback, is currently +1400 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. 

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 +4000 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

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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About the Author

Chase Kiddy

Read More @chaseakiddy

Chase Kiddy is a writer for BetMGM and co-host of The Lion's Edge, an NFL and college football podcast available on Spotify, Apple Podcasts, and everywhere else. He has also written for a number of print and online outlets, including the Richmond Times-Dispatch, Washington Post, Daily News-Record, and HERO Sports. His first novel, Cave Paintings, is in development.

Chase Kiddy is a writer for BetMGM and co-host of The Lion's Edge, an NFL and college football podcast available on Spotify, Apple Podcasts, and everywhere else. He has also written for a number of print and online outlets, including the Richmond Times-Dispatch, Washington Post, Daily News-Record, and HERO Sports. His first novel, Cave Paintings, is in development.