2017 Heisman Odds

Bovada was the first major sportsbook to release odds for the 2017 Heisman Trophy. Louisville quarterback Lamar Jackson, who opened as a 110/1 longshot to win the Heisman last season, is considered a strong contender to repeat in 2017. That would be quite the accomplishment considering that only one player, Ohio State’s Archie Griffin, has won the award twice.

It’s also worth noting the Heisman Trophy is typically awarded to a quarterback or running back with the exception of two tight ends (Larry Kelley, Leon Hart), two wide receivers (Desmond Howard, Tim Brown) and one defensive back (Charles Woodson).

The table below shows the recent winners of this award along with their odds and the first week that they were available as an option.

Year Player School Odds Available Odds
2016 Lamar Jackson Louisville Pre-Season +11000
2015 Derrick Henry Alabama Pre-Season +2500
2014 Marcus Mariota Oregon Pre-Season +700
2013 Jameis Winston Florida State Week 2 +600
2012 Johnny Manziel Texas A&M Week 8 +1200
2011 Robert Griffin III Baylor Pre-Season +2800
2010 Cam Newton Auburn Week 3 +2000
2009 Mark Ingram Alabama Week 4 +3300

And the table below displays odds for the 2017 Heisman Award, and will be updated throughout the season.

Player School Position July 18
June 24
Feb 6
(William Hill)
Jan 24
Sam Darnold USC QB +525 +500 +700 +700
Baker Mayfield Oklahoma QB +850 +700 +700 +600
Lamar Jackson Louisville QB +950 +925 +700 +700
JT Barrett Ohio State QB +1250 +1050 +1000 +700
Derrius Guice LSU RB +1500 +1500 +2000 +1500
Saquon Barkley Penn State RB +1500 +1500 +1500 +1000
Jarrett Stidham Auburn QB +2000 +2500 +4000 N/A
Jalen Hurts Alabama QB +2200 +1500 +1500 +1200
Jake Browning Washington QB +2200 +1700 +1200 +1000
Bo Scarbrough Alabama RB +2200 +2000 +2000 +1500
Deondre Francois Florida State QB +2200 +2200 +1200 +1200
Josh Rosen UCLA QB +3500 +3300 +2000 +1200
Trace McSorley Penn State QB +3500 +3300 +2000 +1000
Mason Rudolph Oklahoma State QB +3600 +3600 +1500 +1200
Nick Chubb Georgia RB +4300 +4000 +3000 +2500
Quinton Flowers South Florida QB +4500 +7500 +4000 N/A
Kamryn Pettway Auburn RB +4700 +4500 +3000 +2500
Luke Falk Washington State QB +4900 +4700 +3000 +3500
Shane Buechele Texas QB +5500 +5500 +4000 +3500
Will Grier West Virginia QB +6600 +3500 N/A N/A
Mike Weber Ohio State RB +7500 +6600 +5000 N/A
Jacob Eason Georgia QB +10000 +10000 +6000 N/A
Josh Allen Wyoming QB +10000 +10000 N/A N/A
Nick Fitzgerald Mississippi State QB +10000 +10000 +4000 +2200
Derwin James Florida State S +10000 +12500 +7500 N/A
Myles Gaskin Washington RB +10000 +8000 +7500 N/A
Royce Freeman Oregon RB +11500 +10000 +5000 N/A
Brandon Wimbush Notre Dame QB +12500 +12500 +7500 N/A
Justin Herbert Oregon QB +12500 +15000 +10000 N/A
Kyle Allen Houston QB +14000 +12500 +7500 N/A
James Washington Oklahoma State WR +15000 +12500 +6000 N/A
Christian Kirk Texas A&M WR +15000 +15000 +7500 N/A
Malik Zaire Florida QB +15000 +12500 N/A N/A
Hunter Johnson Clemson QB +15000 +15000 N/A N/A
Brett Rypien Boise State QB +16000 +15000 +10000 N/A
Deon Cain Clemson WR +17500 +15000 N/A N/A
Bryce Love Stanford RB +17500 +15000 N/A N/A
Wilton Speight Michigan QB +17500 +15000 +7500 N/A
Tanner Mangum BYU QB +17500 +15000 N/A N/A
Nyqwan Murray Florida State WR +17500 +15000 N/A N/A
Shea Patterson Mississippi QB +20000 +15000 +10000 N/A
Mike White Western Kentucky QB +20000 +15000 N/A N/A
Kenny Hill TCU QB +20000 +20000 +10000 N/A
Calvin Ridley Alabama WR +20000 +20000 +10000 N/A
Eric Dungey Syracuse QB +20000 +15000 N/A N/A
Kerryon Johnson Auburn RB +20000 +17500 N/A N/A
Sewo Olonilua TCU RB +20000 +17500 N/A N/A
Dexter Lawrence Clemson DT +20000 N/A +10000 N/A
Nick Shimoek Texas Tech QB +25000 +20000 N/A N/A
Ed Oliver Houston DT +25000 +17500 +7500 N/A
LJ Scott Michigan State RB +25000 +20000 N/A N/A
Ronald Jones USC RB +25000 +20000 N/A N/A
Malik Jefferson Texas LB +25000 +20000 N/A N/A
Mark Walton Miami FL RB +20000 +20000 N/A N/A
Chris James Wisconsin RB +25000 +20000 N/A N/A
Courtland Sutton SMU WR +25000 +20000 N/A N/A
Minkah Fitzpatrick Alabama S +25000 +20000 N/A N/A
Rashan Gary Michigan DL +25000 +20000 N/A N/A
Cam Akers Florida State RB +25000 +20000 N/A N/A
Arden Key LSU DE +25000 N/A +10000 N/A

Jackson opened with the second-best odds of winning the Heisman Trophy, tied with Ohio State’s J.T. Barrett and USC’s Sam Darnold at +700. Oklahoma’s Baker Mayfield, who established himself as one of the nation’s premier signal callers last season, opened as the favorite at +600. That places added significance on the September 9th matchup between the Sooners and Buckeyes.

On February 6th, William Hill posted a more inclusive list with odds for 38 different players. This is just the third year that Nevada sportsbooks are able to accept wagers on the Heisman Trophy. Last year’s winner, Lamar Jackson, had originally opened at +7500 odds at William Hill sportsbooks in February 2016. Jackson (opened +700) enters the upcoming season as the co-favorite alongside Mayfield and Darnold.

Now that odds have been out for a few months, USC’s Darnold has established himself as the clear favorite to take home the award at +500, but Mayfield and Jackson aren’t far behind.

Personally, I think it’s worth waiting before placing a wager on the Heisman Trophy winner. This prop bet has a high theoretical hold percentage (28.5%) and the limits are very low. That means bettors would need to wait nearly 10 months for a minimal payout. It’s also worth pointing out that when Bovada first posted their Heisman odds last year, Lamar Jackson wasn’t even listed as an option.

Who do you think will take home the Heisman Trophy next season? Will another quarterback or running back win the award? Please leave your thoughts in the comment section below.

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Danny Donahue

Danny Donahue is a Sports Information Specialist at Sports Insights. He can be reached by email at dannyd@sportsinsights.com.

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