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2024 Heisman Trophy Odds Tracker: Ewers, Milroe Are Early Favorites

Dan Kilbridge for Bookies.com

Dan Kilbridge  | 11 mins

2024 Heisman Trophy Odds Tracker: Ewers, Milroe Are Early Favorites

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Another year, another quarterback atop the Heisman Trophy college football betting market. 

It was a thrilling race to follow throughout the season, with odds fluctuating wildly on a week-to-week basis before LSU quarterback Jayden Daniels ultimately beat out Washington QB Michael Penix and Oregon QB Bo Nix. 

Quarterbacks have now won the award in seven of the last eight years, with Alabama wide receiver DeVonta Smith the lone exception. So it’s not surprising to see QBs occupying the top spots on the 2024 Heisman Trophy betting board. 

A host of college football futures are already posted for next season following Michigan’s National Championship win over Washington. It’s always a good thing to get in early before the market has been fully established, and there’s no shortage of top-tier candidates and long shots looking ahead to the projected top players in the 2024 Heisman Trophy race. 

2024 Heisman Odds Favorites

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

Odds below taken from FanDuel and accurate as of publication.

Quinn Ewers, Texas Longhorns

Odds: +750 at FanDuel

Ewers put himself firmly on the radar in a Week 2 upset win at Alabama, throwing for 349 yards and three touchdowns in a massive win for the Longhorns. He had a few other massive statistical showings but ultimately slipped in the race with a season-long total of 3,479 yards and 22 touchdown passes. 

Now the junior has had a taste of success and should be poised to take a big step up in 2024, with Ewers one of three early favorites tied atop the board. Texas is fourth on the National Championship futures board coming off a College Football Playoff appearance. We’ll get a very early idea of his progression in a Week 2 matchup at Michigan, and the schedule will continue to ramp up from there with Texas joining the SEC in 2024. 

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Carson Beck, Georgia Bulldogs

Odds: +750 at FanDuel

Beck had some big shoes to fill last season with the Bulldogs and former QB Stetson Bennett coming off back-to-back National Championships. He didn’t light up the scoreboard with huge numbers every week, but he steered the ship admirably and came up short in the SEC title game loss to Alabama. 

Beck posted 3,941 yards and 24 touchdowns with six interceptions as a junior, and, fair or unfair, he probably lost points from voters because he had so much talent around him. The pressure is on once again in 2024 with Georgia favored to win it all at +350 odds. We’ll see if Beck can embrace it and become ‘the guy’ in Athens. 

Jalen Milroe, Alabama Crimson Tide

Odds: +750 at FanDuel

It’s too bad that a failed fourth-and-goal conversion in overtime at the Rose Bowl will be our lasting memory of Milroe for the next eight months, with Alabama losing to Michigan in Pasadena. The sophomore was downright electric at times during the regular season, including a home win over LSU in which he passed for 219 yards and ran for 155 yards and four touchdowns. 

Milroe should have more help next season as the Tide took a while to really get going last year. He also dealt with some erratic snaps throughout that Rose Bowl game and had a lot on his shoulders against the best defense in the country. That game – especially the final play – will be more than enough motivation for Milroe to get after it this offseason and show up ready to lead a title contender when the Tide kick off Aug. 31 against Western Kentucky. 

Dillon Gabriel, Oregon Ducks

Odds: +1000 at FanDuel

Gabriel is now on his third school since committing to UCF as a member of the 2019 recruiting class. He found his way to Eugene after a full season at Oklahoma, where he shot up the Heisman betting board thanks to the Sooners’ upset win over Texas in the Red River Rivalry. 

The senior threw for 3,660 yards and 30 touchdowns, but he was quiet in the back-to-back losses that ruined Oklahoma’s CFP chances – he totaled just one touchdown pass and two interceptions in defeat at Kansas and Oklahoma State. Now he'll need to navigate an extremely difficult schedule with Oregon moving to the Big Ten - the Ducks have a brutal schedule that includes Ohio State and Washington at home and Wisconsin and Michigan on the road.

Will Howard, Ohio State Buckeyes

Odds: +1500 at FanDuel

Few expected the Buckeyes to have a vacancy at quarterback this season with Kyle McCord winning the starting job as a sophomore in 2023. But things change quickly in the transfer portal era and McCord ultimately left after talking things over with coach Ryan Day. 

In steps Howard, a highly-touted transfer who threw for 2,643 yards and 24 touchdowns last season at Kansas State. He also threw 10 interceptions, which is troubling, but the Buckeyes clearly think he’ll be a great fit for a team that absolutely can not stomach the idea of a fourth straight loss to Michigan in 2024. Ohio State has a pair of tough road games, Oct. 12 at Oregon and Nov. 2 at Penn State, but the Wolverines are coming to Columbus Nov. 30 in a game that will make or break the season and, perhaps, Howard’s Heisman chances. 

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2024 Heisman Longshot Picks

Noah Fifita, Arizona Cardinals

Odds: +2000 at FanDuel

We remain in awe of the things Fifita accomplished as a freshman. He took over the starting job in Week 4 against Washington, kicking off a ridiculous stretch of seven ranked opponents over the Wildcats’ final nine games. The 5-foot-11 QB never looked back, helping Arizona finish the season with seven straight wins and an Alamo Bowl victory over Oklahoma. 

Fifita threw for 2,869 yards and 25 touchdowns as a starter, and the Wildcats pulled off upset after upset against the likes of Washington State, Oregon State, UCLA and Utah. He also threw for 527 yards and five touchdowns in a blowout win over Arizona State. This dude has that dog in him and puts up numbers, and unlike last year people will be paying attention from the start. 

Brady Cook, Missouri Tigers

Odds: +3000 at FanDuel

Missouri is coming off one of the quietest 11-2 seasons of all time, especially considering it culminated with a New Year’s Day Bowl win over Ohio State. And there’s plenty of optimism ahead with Cook returning for his senior year after throwing for 3,317 yards and 21 touchdowns last season. 

The schedule is ridiculously manageable. Cook should get off to a great start with Missouri taking on Murray State, Buffalo, Boston College and Vanderbilt before a Week 5 bye. The Tigers do play at Alabama Oct. 26, but they get Auburn, Oklahoma and Arkansas at home and have a talented, experienced signal-caller coming back. Don’t sleep on Cook or the Tigers next season. 

Every Heisman Trophy Winner Since 2000

  • 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
  • 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, 15 of the past 18 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 underclassman 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.