College Football Heisman Trophy Odds for 2025: Garrett Nussmeier, Arch Manning Open as Favorites

SEC quarterbacks lead the opening Heisman Trophy odds board, with Nussmeier (+900) and Manning (+950) the only players shorter than 10/1.

Jared Hochman - Content Manager at Covers.com
Jared Hochman • Content Manager
Jan 21, 2025 • 10:27 ET • 4 min read
Heisman Trophy odds Garrett Nussmeier
Photo By - Imagn Images. LSU Tigers QB Garrett Nussmeier (13) runs the ball during a game.

The confetti has barely finished falling on the 2024 season and Heisman Trophy odds for the 2025 season are already on the board.

The opening odds are looking to the SEC for true standouts, with LSU and Texas' quarterbacks leading the (QB-heavy) initial odds board.

Here is the first look at the college football odds to win the Heisman Trophy in 2025.

Heisman Trophy odds

Player Position FanDuel
LSU Garrett Nussmeier QB +900
Texas Arch Manning QB +950
Clemson Cade Klubnik QB +1100
Penn State Drew Allar QB +1100
Tennessee Nico Iamaleava QB +1100
Ohio State Jeremiah Smith WR +1700
Miami Carson Beck QB +1800
Ohio State Julian Sayin QB +1800
Oregon Dante Moore QB +2000
NFC LaNorris Sellers QB +2000
Oklahoma John Mateer QB +2500
Florida DJ Lagway QB +2500
Southern Methodist Kevin Jennings QB +3000
Mississippi Austin Simmons QB +3000
USC Miller Moss QB +3300
Georgia Gunner Stockton QB +3300
Texas A&M Marcel Reed QB +4000
Kansas Jalon Daniels QB +4000
Notre Dame Steve Angeli QB +4500
Auburn Jackson Arnold QB +4500
Colorado Kaidon Salter QB +5000
Nebraska Dylan Raiola QB +5000
Florida State Thomas Castellanos QB +5000
Arizona State Sam Leavitt QB +5000
Indiana Fernando Mendoza QB +5000
Notre Dame Jeremiyah Love RB +5000
Alabama Ty Simpson QB +5000
USC Jayden Maiva QB +5000

Odds courtesy of FanDuel as of 1-21.

Heisman Trophy odds analysis

Unsurprisingly, the initial Heisman odds for 2025 are almost ALL quarterbacks — led by LSU star Garrett Nussmeier at 9/1 and followed by Texas hype machine Arch Manning, who finally has the reigns to the Longhorns offense with Quinn Ewers departed for the NFL.

A trio of returning QBs, Cade Klubnik, Drew Allar, and Nico Iamaleava, are all 11/1, while the next group of QBs include Carson Beck (who transferred from Georgia to Miami) and a pair of QBs with big shoes to fill — Julian Sayin, who will try to replace Will Howard and win another title for Ohio State, and Dante Moore, who is the successor to Dillon Gabriel and the Oregon offense.

Of the Top 28 players on the Heisman odds board, only two were non-quarterbacks: Ohio State superstar WR Jeremiah Smith and Notre Dame star RB Jeremiyah Love.


Popular college football futures markets


2025 Heisman Trophy opening odds

  • Garrett Nussmeier +900
  • Arch Manning +950
  • Cade Klubnik +1100
  • Drew Allar +1100 
  • Nico Iamaleava +1100
  • Jeremiah Smith +1700
  • Carson Beck +1800
  • Julian Sayin +1800
  • Dante Moore +2000
  • LaNorris Sellers +2000
  • John Mateer +2500
  • DJ Lagway +2500
  • Kevin Jennings +3000
  • Austin Simmons +3000

Odds courtesy of FanDuel.

Heisman Trophy winners by position

Position Heisman Trophy Awards
Running back 40
Quarterback 38
Wide receiver 4
Tight end 2
Fullback 2
Halfback 2
Cornerback 2

Running backs won the Heisman Trophy 11 straight times from 1973 to 1983.

Heisman Trophy betting trends

Here are a few trends to keep in mind before placing a bet on the biggest individual award of the college football season.

  • Quarterbacks have dominated this award over the last 23 years with 18 Heisman winners playing under center.

  • The Heisman trophy winner usually comes from a team with a shot at winning the national title, even though it is a regular season award. Since 2000, 14 Heisman trophy winners have played for teams that made it to the national championship game. If you're handicapping the Heisman, you might want to consider looking at which teams have the best chance of winning the title on the NCAA futures odds board.

  • Even though DeVonta Smith won the Heisman in 2020, he is one of only four seniors to win the Heisman in the last 17 years. Over that span, two freshmen, five sophomores, and six juniors have claimed the prize.

Heisman Trophy history

Year Winner (Position) School
2024 Travis Hunter (CB/WR) Colorado
2023 Jayden Daniels (QB) LSU
2022 Caleb Williams (QB) USC
2021 Bryce Young (QB) Alabama
2020 Devonta Smith (WR) Alabama
2019 Joe Burrow (QB) LSU
2018 Kyler Murray (QB) Oklahoma
2017 Baker Mayfield (QB) Oklahoma
2016 Lamar Jackson (QB) Louisville
2015 Derrick Henry (RB) Alabama

Heisman Trophy Odds FAQs

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Jared Hochman Content Manager at Covers.com
Content Manager

Before Jared Hochman joined the Covers team in 2020, he worked for newspaper outlets such as the Chronicle Herald and The Coast, worked in marketing for SkipTheDishes and Vivid Seats, and previously ran a magazine. A journalism graduate from the University of King's College in, Halifax, N.S., "Hoch" brings more than a decade of experience in sports betting, having worked as a freelance handicapper, making appearances on Monumental Sports Network and the Sharp 600 podcast, and now also filling in occasionally as host of Covers' NHL Puck Props. 

Awarded Covers' company MVP for 2023, Jared is an avid bettor of MLB, NFL, NHL, and NBA, while also wagering on some soccer and WNBA. His best advice for sports bettors? Price shop — something he does daily across 10 different sportsbook apps.

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