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2023 Heisman Trophy Odds Tracker: How Has Hunter's Injury Affected The Race?

Dan Kilbridge for Bookies.com

Dan Kilbridge  | 8 mins

2023 Heisman Trophy Odds Tracker: How Has Hunter's Injury Affected The Race?

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Heisman Trophy Odds

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Caleb Williams
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The college football betting market is massive and the biggest bet market aside from games is Heisman Trophy betting. The board is loaded once again entering 2023 and USC quarterback Caleb Williams is back on top after taking the top individual prize last season. Now he has a chance to become the first back-to-back Heisman winner since Ohio State running back Archie Griffin in 1974-75. 

An injury to two-way Colorado star Travis Hunter has caused a bit of movement, so let's take a look at the 2023 Heisman Trophy betting odds and who we think deserves your attention when it come to college football futures betting.

2023 Heisman Odds Favorites

Let's take a look at the Heisman betting favorites heading into the season, according to the top U.S. sportsbooks.

Odds below taken from DraftKings and accurate as of publication.

Caleb Williams, USC Trojans (+360)

Williams continues to climb up the Heisman Trophy odds board. He’s now a +360 favorite and he didn’t even have to sweat last Saturday, with the junior quarterback moving up the board during the Trojans’ bye week. Williams has passed for 878 yards and 12 touchdowns with no interceptions in blowout wins over San Jose State, Nevada and Stanford. 

The big date to circle here is Sep. 30 – The Trojans have a bye in Week 3 and play at Arizona State before a huge matchup at Colorado, where Williams will have the biggest possible stage to make his case. 

Williams took a lot of the drama out of the race toward the end of last season, ultimately running away from TCU quarterback Max Duggan to earn an overwhelming majority of first place votes. The numbers speak for themselves – 4,537 passing yards and 42 touchdowns, along with 10 additional scores on the ground. The Trojans narrowly missed out on a College Football Playoff shot, and Williams now looks to lead USC to its first national championship since 2004.

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Michael Penix Jr., Washington Huskies (+500)

The senior Huskies quarterback was a bit of a dark horse candidate to start the year, but he shot up to No. 2 on the board this week with +500 odds. Penix is now in his sixth college season and seems to have saved the best for last. He’s thrown for more than 400 yards in all three games amid a dominant 3-0 start for Washington, including a season-high 473 yards last week in a win over Michigan State that was even more lopsided than the 41-7 score suggests. 

Penix completed 27 of 35 attempts with four touchdown passes, bringing his season totals to 1,332 yards, 12 touchdowns and one interception. He’ll need to continue to put up eye-popping numbers to separate himself in a Pac-12 conference loaded with good quarterbacks. But we wouldn’t put it past him based on the talent and experience. 

Penix has two more chances to pad the stats against Cal and at Arizona in the coming weeks. Then it’s on to an Oct. 14 home matchup with Oregon, after which he could emerge as a co-favorite or even the frontrunner.  We don’t expect his odds to go any longer at DraftKings Sportsbook for the next month. 


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Quinn Ewers, Texas Longhorns (+700)

Ewers wasn’t asked to do much last week on the heels of a massive individual performance in the upset win at Alabama. He completed just 11 of 21 attempts for 131 yards and two scores, with the Longhorns cruising to a 31-10 win over Wyoming. 

The sophomore stayed at No. 3 on the board, but his odds moved from +900 to +700 ahead of a potential trap game at Baylor. He should have plenty of chances to light up the scoreboard in the coming weeks – No. 16 Oklahoma is the lone ranked opponent left on the schedule. That’s now a huge game with the Sooners on Oct. 7, with serious Heisman implications for Ewers.

Ewers got his feet wet in 2022 with solid if not spectacular numbers, but it looks like he's made the biggest individual leap of just about any player in the country the way he played against Alabama. Ewers is clearly the real deal, and so are the Longhorns if he continues to play like this.

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2023 Heisman Odds Longshots

It’s easy to forget that individual awards are dependent on several external factors – team success, voter trends, etc. That means there’s a ton of fluidity throughout the process and it’s actually been rare for top candidates to win in recent years.

Alabama wideout Devonta Smith, LSU quarterback Joe Burrow and Texas A&M quarterback Johnny Manziel all had seriously long college football odds when it came to the Heisman Trophy, basically came out of nowhere to win the season-long award. 

And there’s no shortage of intriguing longshots who could get it done at juicy odds early in the 2023 college football season. 

Jayden Daniels, LSU Tigers (+2200)

We listed Daniels as one of our favorite longshots last week at +3000, and the odds got significantly shorter this week at +2200. That Week 1 loss to Florida State will be a distant memory by the time December rolls around, and the Tigers signaled some intent in a 41-14 win at Mississippi State when they were considered by many to be on upset alert. 

Daniels completed 30 of 34 attempts for 361 yards and two touchdowns against the Bulldogs ahead of Saturday’s home game against the Razorbacks. If the Tigers get past Arkansas and win at Ole Miss the following week – which isn’t an unrealistic ask – Daniels would presumably become one of the Heisman favorites. We still think there’s good value here. 

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Marvin Harrison Jr., Ohio State Buckeyes (+2800)

This is still a quarterbacks award, but absolute dominance can be rewarded at other positions. Alabama’s DeVonta Smith proved that with his Heisman-winning 2020 campaign, when he was the most complete receiver in the game by a mile. 

Harrison has the same potential. He’s had 286 receiving yards and three touchdown grabs over the last two games in blowout wins over Youngstown State and Western Kentucky. Now he’s got the big stage in South Bend for a huge showdown with the Fighting Irish. The Buckeyes are still tied for third on the national championship odds board, listed at +1000 alongside Texas. If they deliver with another College Football Playoff run, with Harrison as the clear-cut best player on the team, he’ll be in the discussion until the end. 

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Every Heisman Trophy Winner Since 2000

  • 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
  • 2014 - Marcus Mariota, QB, Oregona
  • 2013 - Jameis Winston, QB, Florida State
  • 2012 - Johnny Manziel, QB, Texas A&M
  • 2011 - Robert Griffin III, QB, Baylor
  • 2010 - Cam Newton, QB, Auburn
  • 2009 - Mark Ingram, RB, Alabama
  • 2008 - Sam Bradford, QB, Oklahoma
  • 2007 - Tim Tebow, QB, Florida
  • 2006 - Troy Smith, QB, Ohio State
  • 2005 - Reggie Bush, RB, USC
  • 2004 - Matt Leinart, QB, USC
  • 2003 - Jason White, QB, Oklahoma
  • 2002 - Carson Palmer, QB, USC
  • 2001 - Eric Crouch, QB, Nebraska
  • 2000 - Chris Weinke, QB, Florida State

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Heisman Trophy History

The Heisman Trophy was first introduced in 1935, when Chicago Maroons RB Jay Berwanger took home the trophy. In 2007, Florida QB Tim Tebow was the first underclassmen to win the award. In 2012, Texas A&M's Johnny Manziel became the first freshman to win the award. Manziel's rise was so sudden he wasn't even listed on the preseason Heisman Trophy odds board.

What Position Typically Wins the Heisman Trophy?

Running backs (39) have traditionally won the Heisman since its inception in 1935, however, 14 of the past 17 winners have been quarterbacks. There have only been four wide receivers to win the Heisman Trophy, with the last being Alabama's DeVonta Smith in 2020. 

The Heisman Trophy was first introduced in 1935, when Chicago Maroons RB Jay Berwanger took home the trophy. In 2007, Florida QB Tim Tebow was the first underclassmen to win the award. In 2012, Texas A&M's Johnny Manziel became the first freshman to win the award. Manziel's rise was so sudden he wasn't even listed on the preseason Heisman Trophy odds board.

Most Dominant Heisman Winners

(highest percentage of the Heisman Trophy voting)

  • Joe Burrow, 2019 - 93.8%
  • Reggie Bush, 2005 - 91.7%
  • Troy Smith, 2006 - 91.6%
  • Marcus Mariota - 90.9%
  • Baker Mayfield - 86.0%

Closest Heisman Trophy Odds Races

  • 2009 - Mark Ingram (1,304) over Toby Gerhart (1,276)
  • 1985 - Bo Jackson (1,509) over Chuck Long (1,464)
  • 1961 - Ernie Davis (824) over Bob Ferguson (771)
  • 1953 - John Lattner (1,850) over Paul Giel (1,794)
  • 2001 - Eric Crouch (770) over Red Grossman (708)

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About the Author

Dan Kilbridge for Bookies.com
Dan Kilbridge
Handicapper Dan Kilbridge writes about college football, MLB and other sports for Bookies.com after spending three years covering Tiger Woods’ comeback and the PGA for Golfweek.