Heisman Trophy Betting Odds 2020

Betting favorites, history, and how to bet

The 2019 college football season came to an end, but sportsbooks wasted no time in getting ready for the 2020 edition. Odds are already posted for dozens of players to win the 2020 Heisman trophy, giving bettors an opportunity to potentially find the next Joe Burrow months before the season.

College football Heisman Trophy futures wagers are available at most online sportsbook apps in New Jersey, Pennsylvania, Iowa, Indiana, and Nevada. The odds featured in the table below are from DraftKings Sportsbook and FanDuel Sportsbook.

College Football Heisman odds 2020

2020 Heisman Winner

Game
12/14/2019
(Eastern Time)
(EST)
Justin Fields
Bet now
+300
Bet now
+175
Trevor Lawrence
Bet now
+400
Bet now
+430
Spencer Rattler
Bet now
+600
Bet now
+1200
D'Eriq King
Bet now
+900
Bet now
+1600
Myles Brennan
Bet now
+1000
Bet now
+2500
Mac Jones
Bet now
+1000
Bet now
+2500
Bo Nix
Bet now
+1200
Bet now
+2000
Clyde Edwards-Helaire
Bet now
+2000
Bet now
+10000
Sam Ehlinger
Bet now
+2000
Bet now
+2000
Jamie Newman
Bet now
+2000
Bet now
+1600
Travis Etienne
Bet now
+2500
Bet now
OTB
Chuba Hubbard
Bet now
+2500
Bet now
+5000
KJ Costello
Bet now
+2500
Bet now
+5000
Sam Howell
Bet now
+2500
Bet now
+4000
Stetson Bennett
Bet now
+3300
Bet now
+10000
Spencer Sanders
Bet now
+3300
Bet now
+8000
Tyler Shough
Bet now
+3300
Bet now
+10000
Kedon Slovis
Bet now
+3300
Bet now
+2000
Jaylen Waddle
Bet now
+3300
Bet now
+6000
Adrian Martinez
Bet now
+4000
Bet now
+2000
Taulia Tagovailoa
Bet now
+4000
Bet now
+6000
Ian Book
Bet now
+5000
Bet now
+4000
Ja'Marr Chase
Bet now
+5000
Bet now
+8000
Kenneth Gainwell
Bet now
+5000
Bet now
+15000
Najee Harris
Bet now
+5000
Bet now
+5000
Tee Higgins
Bet now
+5000
Bet now
+10000
Justin Jefferson
Bet now
+5000
Bet now
+10000
Kellen Mond
Bet now
+5000
Bet now
+4000
Rondale Moore
Bet now
+5000
Bet now
+10000
Justyn Ross
Bet now
+5000
Bet now
+10000
Tylan Wallace
Bet now
+5000
Bet now
+8000
Zamir White
Bet now
+5000
Bet now
+6000
Pooka Williams
Bet now
+5000
Bet now
+20000
Seth Williams
Bet now
+5000
Bet now
+10000
Bryce Young
Bet now
+5000
Bet now
+5000

To no one’s surprise, 2019 finalist Justin Fields sits atop the list. Fields returns a very talented receiving corps and a stout offensive line. He might not post the same ludicrous 40:1 touchdown-to-interception ratio that he did this past regular season, but we can expect another strong season from Ohio State’s signal caller. 

After leading his team to another National Championship game, it may surprise some that Trevor Lawrence is behind anyone on this list, especially since he is projected to be the top overall pick in the 2021 NFL Draft. Lawrence loses his top target and superstar running back, but there’s no doubt Clemson will reload its talent pool. Lawrence may never post the flashy numbers necessary to win the Heisman, but it’s nearly a lock that he’ll wind up playing in next year’s playoff.

Bettors who saw value in Adrian Martinez were bitten hard, as the sophomore posted just 17 total touchdowns and turned the ball over 14 times in 2019. Somehow, he finds himself near the top; he should bet on with serious caution. Former Houston quarterback D’Eriq King is an electric gamebreaker, but announced he would be transferring (to no one’s surprise). It would be wise to wait until he finds a landing spot before considering him a value bet.

Lincoln Riley and Oklahoma have produced two of the last three Heisman winners and three straight finalists. Similarly, the last three Heisman winners have been transfer quarterbacks (three of the four 2019 finalists were transfers, too). This makes Spencer Rattler a near shoe-in for the short list this coming year. Certainly err on the side of caution, since Rattler has had virtually no game experience. Taking the transfer rule into account, former Wake Forest quarterback Jamie Newman is a dynamic playmaker who is taking his talents to the University of Georgia. With proper weapons around him, Newman should be on your radar.

All player markets currently offered are at plus-money in terms of odds. This means bettors correctly selecting the eventual award winner will make several times their original wager. In 2016, Louisville quarterback Lamar Jackson won the Heisman Trophy and opened at odds near +10000 (100-1). The last three years have seen Oklahoma QB Baker Mayfield (+700) win the Heisman in 2017 followed by Oklahoma QB Kyler Murray (+2200), who won the 2018 Heisman after surging past Tagovailoa in the closing weeks of the season, and then Joe Burrow, who opened as high as +20000 before running away with the award in 2019.

Quarterbacks have won nine of the last 10 Heisman Trophy awards. In fact, since 2000, only two non-quarterbacks have won the Heisman Trophy: Derrick Henry (2015) and Mark Ingram (2009) — both Alabama running backs.

How to bet Heisman Trophy futures

By their very nature, odds on futures wagers are subject to varying degree of fluctuation. In the case of player-level futures like the Heisman Trophy, a number of different factors can influence the trajectory of his futures odds as the games unfold week to week. That includes not only performance, results and stats, but also injuries.

Take the example of the 2019 pre-season pacesetter at both FanDuel and DraftKings sportsbooks — Clemson quarterback Trevor Lawrence. The sophomore took a lot of money and his odds dropped all the way to +200 at FanDuel and +175 on DraftKings. Clemson was projected to be at least a 13-point favorite in all regular-season games, and bettors believed Lawrence would lead the Tigers offense to even greater heights after capturing the national championship in 2018 while averaging 44.3 points per game.

Those who accurately predicted Lawrence to win the Heisman this season would have won $200 for every $100 they wager on him at FanDuel and $175 for every $100 they bet on him at DraftKings. Of course, with Lawrence falling out of the race early, his odds to win plummeted and he ultimately finished seventh in the voting.

How is the Heisman Trophy winner decided?

A total of 870 media members (sports journalists mostly covering college football) from six regions along with 59 former Heisman winners vote on the award. Voters can select three players on their ballot. A first place vote allots 3 points to the player selected, second place gets 2 points and third place gets 1 point.

The Heisman and the AP Player of the Year honor the most outstanding player. The award is given for outstanding performance which best exhibits the pursuit of excellence with integrity. Winners epitomize great ability combined with diligence, perseverance, and hard work. Since 2002, the award has been presented by the Heisman Trophy trust, and was first presented in 1935 by the Downtown Athletic Club in New York City.

Over the last 20 years, just two Heisman winners have played on teams that won fewer than 10 games – Florida’s Tim Tebow in 2007 and Louisville’s Lamar Jackson in 2016. But those two teams each won 9 games. So narrow your list to the projected top teams and review the schedules and players likelihood to put up strong stats with outstanding performances.

Where can you bet on college football futures?

The Heisman Trophy futures markets are available at all legal, regulated sportsbooks. Heisman futures are located behind the college football tab in online sportsbook platforms, under a specific Futures tab. Players are listed along with their corresponding odds at that point in time.

Rank
Sports Book
No Deposit Bonus
Features
Play
Claim Your $25 For Free At DraftKings Sportsbook
1
$25 Free + Up to $1,000 Bonus
T&Cs Apply, New Players Only
DraftKings Review
  • $25 Free No Deposit Needed
  • Up to $500 Deposit Bonus
  • Up to $500 Free Bet
  • No Promo Code Needed - Use Our Link
Claim $10 Free On Sign Up
2
$10 Free
On Sign Up
William Hill Review
  • $10 Free On Sign Up
  • 100% Up To $150 On First Deposit
  • Use Promo Code: LINES150
FanDuel Is Available In NJ, PA, WV & IN
3
$500
Risk Free Bet
FanDuel Review
  • Up to a $500 refund if you lose your first bet
  • Use Our Links – No Code Needed
  • Available In NJ, PA, WV & IN
Claim Your $250 Bonus At SugarHouse Sportsbook!
4
$250 Bonus
100% Match on First Deposit
SugarHouse Review
  • ONLY 1x Play Through!
  • Use Exclusive Affiliate Code: PLAY250
  • Deposit: Paypal, CC
Deposit $50 Bet With $150 At PointsBet
5
Bet With $150
On A $50 Deposit
PointsBet Review
  • Deposit $50 Bet With $150
  • Weekly Odds Boosts and Specials
  • Use Promo Code PLAYNJ
  • Deposit Offer For New Users Only
Play At BETMGM Sports Now With A $500 Risk-Free Bet.
6
$500
Risk-Free Bet
MGM Sportsbook Review
  • Up To $500 Risk-Free Bet
  • Free $10 Weekly Bet
  • Use Bonus Code: PLAYNJFREE