2024 Heisman Trophy Odds and Predictions

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Kody Miller

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It’s amazing to look back at what the 2024 Heisman Trophy odds looked like before the start of the current season. Georgia quarterback Carson Beck was favored to win the award, and each of the top five players in terms of odds were throwers of the football.

Fast forward to present day, and none of those guys seem like serious threats to the new betting favorites. You could have argued for other options when considering college football national title odds, but stellar two-way play and insane production have rendered that argument obsolete.

Put simply, the race for the 2024 Heisman Trophy award is rather top-heavy, and you just need to pick a side. I’ll help you by breaking down the latest NCAAF odds for this market, and cap things off with my predicted winner.

2024 Heisman Trophy Award Odds

PlayerOpening OddsOctober Odds
Travis Hunter+1500+225
Dillon Gabriel+1100+240
Cam Ward+2000+350
Ashton Jeanty+5000+350
Cade Klubnik+2800+1800
Carson Beck+850+3300
Jalen Milroe+1400+5000

The odds to win the 2024 Heisman Trophy award have changed dramatically since the last time I inspected this betting market. Carson Beck is nowhere close to being the favorite at this point, and just one quarterback – Dillon Gabriel – is really in the mix to win this thing.

It’s worth noting that I had originally pegged Gabriel as a viable contender to win this year, and given his +240 price tag, bettors need to seriously consider him still.

He’s not alone, of course. Travis Hunter is the odds on Heisman favorite, and there are two other players with odds at +350 or better currently.

You can lean on the advice of expert sports betting handicappers for markets such as this, or you can trust in my personal prediction. Before you make that call, join me as I analyze the top Heisman favorites and my favorite value bet for this season.

Heisman Trophy Favorites

There are three clear Heisman favorites at the moment. Let’s take a close look at all three to help you decide how to bet on this wager.

Travis Hunter +225

It’s going to be awfully difficult to get away from Travis Hunter in this betting market. He’s played a huge role in vaulting the Colorado Buffaloes, as they’ve put themselves in position to win the Big 12 this year.

Even though that isn’t a lock, this team is 4-1 in one of the better conferences in the nation, and they’re a solid 6-2 overall. They may not even be out of the CFP discussion just yet, either.

Of course, this is an individual award. That’s the real reason Hunter is the Heisman favorite, as he is excelling not only as Colorado’s best offensive weapon, but also as their top defender.

Hunter has a sick 60-757-8 stat line as a wide receiver, but he also has two interceptions and seven passes defended as a cover man. His ability to impact both sides of the ball is the biggest reason why he’s favored for this award, and why he’ll likely win.

Dillon Gabriel +240

Hunter being an elite two-way threat does make him tough to vote against, but if you’re looking at sheer overall production from one position, as well as team success, Dillon Gabriel may very well be the top pick.

I said before the season started that Gabriel would be in the conversation based purely on numbers. He’s thrived every year before arriving at Oregon, and he’s somehow only gotten better. To this point, he’s totaled 2,371 yards and 18 touchdowns through the air, while adding another five scores on the ground.

He can’t play cornerback, but he’s on pace for an elite passing season and has his Oregon Ducks in position to contend for a national championship. Oregon is presently undefeated (8-0), sitting atop both the Top 25 college football rankings and the Pac-12 standings.

Ashton Jeanty +350

Cam Ward is another guy that is in the mix, but the last legit Heisman contender I want to give a nod to is Boise State running back, Ashton Jeanty.

In terms of elite ability and mind-boggling production, I don’t think anyone touches what Jeanty is doing this season. He has slowed down a bit ever since a ridiculous start to the season, but he’s routinely put up monster game after monster game.

His stat line for the year tops all RBs in the country, as he currently has 1,376 rushing yards and 18 scores on just 159 carries. That’s a robust 8.7 yards per carry for those keeping score at home.

It isn’t just a few blow up games, either. While Jeanty does have three games with 200+ rushing yards and four outings with 3+ touchdowns, he’s posted 120+ yards on the ground in every single game and has just one contest without a score this year.

The crazy part is he’s been doing this while keeping Boise State relevant. The Broncos are a solid 6-1 and aren’t yet out of the running for a title run. At the very least, though, he’s done a ton of heavy-lifting for a team that is likely to win the Mountain West conference.

If you want some type of combination of upside and value for this wager, Jeanty might be the first guy to look to at your favorite sports betting sites.

Best 2024 Heisman Trophy Odds Value Bet

At this point, there really isn’t a 2024 Heisman sleeper pick I feel very confident about. If you’re comparing to where they were when the season began, then guys like Carson Beck and Drew Allar do seem interesting.

I’d much rather side with Allar between the two, of course, as he’s had a more impressive statistical campaign and his Penn State Nittany Lions are undefeated as I write this.

If you’re fading the top Heisman betting favorites, though, I think you need to go a bit bigger. That has me nominating Alabama Crimson Tide dual threat passer Jalen Milroe as the best value for this market.

Milroe probably isn’t going to win, and the fact that Alabama has two losses on their ledger already isn’t going to help his argument. However, he’s as good as anyone from a talent and production perspective.

To this point, Milroe has done a fine job through the air (1,937 yards and 12 touchdowns), but his dual threat ability (380 rushing yards and 12 scores) is what makes him stand out.

Milroe would probably need to finish the season incredibly strong and the Crimson Tide might need to win out, should he have a realistic shot at staging the upset, however.

Top Heisman Award Long Shot Bet

Once again, I don’t think we’re in value hunting territory anymore when it comes to betting on who will win the Heisman Trophy. That said, there are a lot of good players with eye-popping stats out there.

Injuries and big statistical swings could still possibly change how we view this betting market, too. If you want to play that angle, don’t completely rule out Jaxson Dart.

The Ole Miss quarterback doesn’t really have the stats that automatically get him past someone like Dillon Gabriel or even Jalen Milroe, but his team has played well and his numbers are rock solid.

At +7500 odds, he’s probably the biggest Heisman long shot I’d really consider. That said, I think this race comes down to two – maybe four – players at the very most.

2024 Heisman Trophy Winner Prediction

Things certainly do appear to be trending toward Travis Hunter winning the 2024 Heisman Trophy. I don’t know if he’s for sure the best wide receiver or cornerback in the nation, but his ability to be very good at two positions might make him the best overall CFB athlete.

Regardless of where you reside in that debate, what Hunter is doing is pretty absurd. Not since the days of Charles Woodson have we seen this type of two-way production, while Hunter’s stats and play have also helped keep Colorado on the map.

I do think the next best bet is Jeanty. His Boise State squad is not bad but they’re largely relevant due to his video game-type production. He is breaking records on a regular basis, so if you wanted to bet solely on who is putting up the more absurd stat line, he’d be my top pick.

That said, Hunter is putting up elite stats at two positions. The fact that he’s so good at two key spots is going to be too much to ignore when it comes time to vote for the 2024 Heisman winner.

Bet: Travis Hunter (+225)

Recent Heisman Trophy Award Winners

YearPlayerTeam
2023Jayden DanielsLSU Tigers
2022Caleb WilliamsUSC Trojans
2021Bryce YoungAlabama Crimson Tide
2020DeVonta SmithAlabama Crimson Tide
2019Joe BurrowLSU Tigers
2018Kyler MurrayOklahoma Sooners
2017Baker MayfieldOklahoma Sooners
2016Lamar JacksonLouisville Cardinals
2015Derrick HenryAlabama Crimson Tide
2014Marcus MariotaOregon Ducks