Heisman Trophy Odds: Favorites to Win College Football’s Top Award

Look at the top of the board and the gap does most of the talking. Darian Mensah sits at +650 while Arch Manning trails at +1100, a spread wide enough to mark a clear front-runner but not wide enough to call the race settled. 113 players carry a live number across 5 sportsbooks, and the September 10, 2026 refresh means every price here reflects the most recent games played.

This market never rewards one thing in isolation. A player needs the stat line, the team needs to keep winning, and the games need to land on the kind of broadcast that puts a name in front of the whole country. Miss any one piece and a price that looked unbeatable early in the season can drift as the season goes on.

2026 Heisman Trophy Odds by Sportsbook

FavoriteDarian Mensah +60014.3% implied · DraftKings
Best price gap43%typical gap between books, top 20
Biggest move, 7 dayshistory builds daily
UpdatedSep 225 books · 109 players
Player bet365 BetMGM DraftKings Caesars FanDuel Implied Kalshi, all in Cheaper 30 days
1Darian Mensah +350 +325 +600 +350 +400 14.3% +49216.9c to buy · mid 15.5c Booksby 2.6c
2Arch Manning +1100 +1000 +1000 +1200 7.7% +12337.5c to buy · mid 6.5c Kalshiby 0.2c
3Jeremiah Smith +900 +1100 +1200 7.7% +9429.6c to buy · mid 8.5c Booksby 1.9c
4Malachi Toney +1200 +1000 +1250 +1200 +1200 7.4% +17875.3c to buy · mid 4.5c Kalshiby 2.1c
5Trinidad Chambliss +300 +325 +1300 +300 +300 7.1% +35022.2c to buy · mid 20c Booksby 15.1c
6CJ Carr +1400 +1400 +1100 +1200 +1200 6.7% +10768.5c to buy · mid 7c Booksby 1.8c
7Keelon Russell +2500 +2500 +2400 +3000 +2200 3.2% +30253.2c to buy · mid 2.5c Even
8Josh Hoover +2500 +3500 +1900 +2500 +2500 2.8% +30253.2c to buy · mid 2.5c Booksby 0.4c
9Julian Sayin +2800 +3000 +3500 +3000 2.8% +22264.3c to buy · mid 3.5c Booksby 1.5c
10Jayden Maiava +3000 +4000 +1750 +3000 +3000 2.4% +30253.2c to buy · mid 2.5c Booksby 0.8c
11Gunner Stockton +4000 +4000 +2400 +3000 +4000 2.4% +30253.2c to buy · mid 2.5c Booksby 0.8c
12Dante Moore +5000 +5500 +5500 1.8% +46622.1c to buy · mid 1.5c Booksby 0.3c
All 109 playersFewer
13Sam Leavitt +5000 +6000 +1500 +5000 +6500 1.5% +89911.1c to buy · mid 0.5c Kalshiby 0.4c
14Drew Mestemaker +6000 +6600 +7800 +6000 +6500 1.3% +46622.1c to buy · mid 1c Booksby 0.8c
15Bear Bachmeier +7500 +6000 +5600 +6000 +8000 1.2% +89911.1c to buy · mid 0.5c Kalshiby 0.1c
16Rocco Becht +7500 +8000 +5600 +7000 +8000 1.2% +89911.1c to buy · mid 0.5c Kalshiby 0.1c
17Aaron Philo +7500 +6600 +8400 +7500 +6500 1.2%
18Lincoln Kienholz +5000 +5000 +9000 +3500 +5500 1.1% +89911.1c to buy · mid 0.5c Even
19Faizon Brandon +7500 +5000 +7000 +10000 1.0% +89911.1c to buy · mid 0.5c Booksby 0.1c
20Kevin Jennings +10000 +6600 +5500 +9500 +10000 1.0% +89911.1c to buy · mid 0.5c Booksby 0.1c
21Bryce Underwood +10000 +7600 +10000 1.0% +89911.1c to buy · mid 0.5c Booksby 0.1c
22Avery Johnson +10000 +10000 +12000 +10000 0.8%
23Austin Simmons +7500 +12000 +8000 0.8%
24Kamario Taylor +1200 +1000 +13500 +1100 +1100 0.7% +75511.7c to buy · mid 10c Booksby 11c
25John Mateer +15000 +10000 +2800 +12500 +12500 0.7% +89911.1c to buy · mid 0.5c Booksby 0.4c
26Marcel Reed +12500 +8000 +3500 +15000 +12500 0.7% +89911.1c to buy · mid 0.5c Booksby 0.4c
27Demond Williams +15000 +15000 +8200 +15000 +15000 0.7% +89911.1c to buy · mid 0.5c Booksby 0.4c
28Ahmad Hardy +15000 +8400 0.7% +89911.1c to buy · mid 0.5c Booksby 0.4c
29Bo Jackson +15000 +15000 +10000 +12500 0.7% +89911.1c to buy · mid 0.5c Booksby 0.4c
30Nate Sheppard +10000 +15000 0.7%
31Nico Iamaleava +10000 +15000 +10500 +10000 +10000 0.7%
32Anthony Colandrea +15000 +15000 +12000 +12500 +12500 0.7%
33Beau Pribula +15000 +13000 +12500 0.7%
34Noah Fifita +15000 +15000 +15000 +12500 0.7%
35LaNorris Sellers +10000 +5000 +4400 +12500 +17500 0.6% +89911.1c to buy · mid 0.5c Booksby 0.5c
36Conner Weigman +10000 +10000 +7000 +12000 +17500 0.6%
37Will Hammond +12500 +12500 +7200 +10000 +17500 0.6% +89911.1c to buy · mid 0.5c Booksby 0.5c
38Devon Dampier +10000 +15000 +7200 +8000 +17500 0.6% +89911.1c to buy · mid 0.5c Booksby 0.5c
39Jaron-Keawe Sagapolutele +12500 +10000 +7800 +10000 +17500 0.6% +89911.1c to buy · mid 0.5c Booksby 0.5c
40Jadan Baugh +6000 +6600 +20000 +7500 +6500 0.5% +14636.4c to buy · mid 4.5c Booksby 5.9c
41Charlie Becker +12500 +12500 +20000 +10000 +12500 0.5%
42Katin Houser +20000 +22000 0.5%
43Byrum Brown +15000 +15000 +6500 +15000 +22500 0.4% +89911.1c to buy · mid 0.5c Booksby 0.7c
44Cam Coleman +15000 +10000 +7400 +12500 +22500 0.4%
45Ethan Grunkemeyer +15000 +20000 +20000 +22500 0.4%
46Ryan Coleman-Williams +20000 +20000 +22500 0.4%
47Kewan Lacy +25000 +15000 +15000 +12500 0.4% +89911.1c to buy · mid 0.5c Booksby 0.7c
48Hollywood Smothers +15000 +25000 +15000 +15000 +22500 0.4%
49Mason Heintschel +17500 +25000 +18000 +15000 +17500 0.4% +89911.1c to buy · mid 0.5c Booksby 0.7c
50LJ Martin +20000 +25000 +22500 0.4%
51J’Koby Williams +25000 +25000 0.4%
52Christopher Vizzina +20000 +25000 +25000 +20000 0.4%
53Cameron Dickey +25000 +25000 0.4%
54CJ Bailey +20000 +25000 +25000 +20000 +22500 0.4% +89911.1c to buy · mid 0.5c Booksby 0.7c
55Malik Washington +30000 +25000 +30000 +27500 +30000 0.3%
56Turbo Richard +30000 +30000 +25000 +25000 +30000 0.3%
57KJ Jackson +25000 +30000 0.3%
58Jaylen Raynor +25000 +30000 0.3%
59Isaac Brown +25000 +30000 +25000 +25000 +30000 0.3%
60Kenny Minchey +30000 +25000 +25000 +25000 +22500 0.3%
61Trey’Dez Green +30000 +30000 +25000 0.3%
62DeSean Bishop +25000 +30000 +25000 +22500 0.3%
63Colton Joseph +30000 +25000 +30000 +27000 0.3%
64Mark Fletcher +30000 +25000 +30000 +20000 0.3%
65Justice Haynes +25000 +30000 +27500 0.3%
66Alberto Mendoza +30000 +25000 +30000 0.3%
67Alonza Barnett +25000 +30000 +22500 0.3%
68Cutter Boley +30000 +15000 +15000 +18500 +35000 0.3%
69Nick Marsh +30000 +25000 +20000 +20000 +35000 0.3%
70Aidan Chiles +35000 +30000 +22500 0.3%
71Aneyas Williams +40000 +25000 +20000 +20000 0.2%
72Nate Frazier +30000 +25000 +25000 +25000 +40000 0.2%
73DJ Lagway +40000 +25000 0.2%
74Dylan Stewart +40000 +30000 0.2%
75Drake Lindsey +30000 +25000 +40000 +27500 +30000 0.2%
76Billy Edwards +50000 +30000 +30000 +35000 +50000 0.2%
77JC French +30000 +50000 0.2%
78Maddux Madsen +50000 +25000 +40000 +38000 +50000 0.2%
79Gio Lopez +40000 +50000 0.2%
80Julian Lewis +50000 +35000 +40000 +37500 +50000 0.2%
81Nick Minicucci +50000 +50000 0.2%
82Danny Scudero +50000 +50000 0.2%
Only one book still prices these
83Dakorien Moore +14000 0.7%
84Michael Hawkins +15000 0.7%
85Keyjuan Brown +17500 0.6%
86Steve Angeli +20000 0.5%
87Jordan Marshall +25000 0.4%
88Austin Mack +25000 0.4% +89911.1c to buy · mid 0.5c Booksby 0.7c
89Caleb Hawkins +25000 0.4%
90Nyck Harbor +25000 0.4%
91Rueben Owens +25000 0.4%
92Caden Durham +25000 0.4%
93Blaze Berlowitz +25000 0.4%
94Waymond Jordan +30000 0.3%
95Darius Taylor +30000 0.3%
96Carson Hansen +30000 0.3%
97Duce Robinson +30000 0.3%
98Makhi Hughes +30000 0.3%
99Eugene Wilson +30000 0.3%
100Isaiah Horton +30000 0.3%
101Terrell Anderson +30000 0.3%
102Parker Livingstone +35000 0.3%
103Jaden Craig +35000 0.3%
104Amari Odom +40000 0.2%
105Broc Lowry +50000 0.2%
106Dylan Riley +50000 0.2%
107Alessio Milivojevic +50000 0.2%
108Jordan Faison +50000 0.2%
109Caden Creel +50000 0.2%

Red is the best price on that row. The 30-day line is the consensus price over time, and the figure beside it is the change in what a winning dollar pays over the last week, read across the books quoting both then and now; green shortened, amber drifted, a dash means too few books to tell. Implied probability comes from the best price and includes the books’ margin. A Kalshi price is what a $1 payout costs, in cents, so the price is the win chance: 40c is +150, 60c is -150. How to read a Kalshi price. Kalshi is what a buyer actually pays for that player’s contract, shown as sportsbook odds so it lines up with the book prices: the ask plus the 7% taker fee, in cents on the dollar. The mid under it is the market’s fair read, halfway between bid and ask, which nobody can buy at. Cheaper compares the all-in Kalshi cost to the best book price.

Production, Wins, and Airtime, Priced Together

Betting this market on stats alone is a common way to lose money on a good player. The number attached to any name blends individual production with team record and how visible that production has been, so a quarterback putting up numbers for a losing team gets discounted no matter how clean the box score looks.

That blend is also why shopping across bet365, BetMGM, DraftKings, Caesars, FanDuel pays off here more than in a lot of futures markets. Each book weighs recent games differently, so the same player can carry two prices on the same day. Even a name buried at Jordan Faison, priced at +50000, is still live if the team wins out and the schedule puts him on the right stage.

The Early Price Versus the Price That Follows a Highlight

The best value in this market usually sits before the season builds any real sample. A price posted on reputation or projected role carries more uncertainty than one posted once the season is further along, and sportsbooks charge for that certainty once it arrives. Waiting for proof means paying for it.

Once a player strings together a few nationally televised performances, the number tightens fast and the discount disappears. A position taken early, before that run, sets up a natural hedge later. If a second contender starts closing the gap, a bettor holding the original price can back that mover too and lock in a return regardless of which name the voters land on.

One Saturday Can Reset the Whole Board

No other award market moves this much on a single game. A blowout loss, a big road win, or one nationally broadcast performance can shift a price more in a week than a full month of steady production, because the market is pricing exposure as much as talent.

That kind of swing usually traces back to a marquee game, a change at the top of the depth chart, or a loss that knocked a rival team’s quarterback out of the conversation. None of that shows up in a stat sheet until after the price has already moved.

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