How To Bet on the Heisman Trophy

How To Bet on the Heisman Trophy

The Heisman Trophy, the most prestigious individual award in college football, is not only an accolade that recognizes exceptional talent but also a source of excitement for sports bettors. Betting on the Heisman Trophy allows you to add an extra layer of anticipation to the college football season and potentially reap substantial rewards. In this comprehensive guide, we’ll take you through the history of the Heisman Trophy, the basics of Heisman Trophy betting, how to pick a Heisman Trophy winner, betting odds and lines, popular types of futures bets, betting tips, and the pros and cons of Heisman Trophy award betting.




Betting On the Heisman Trophy: The Basics

The Heisman Trophy, established in 1935, is awarded annually to the most outstanding college football player in the United States. It has a rich history of recognizing some of the best talents to ever grace the college gridiron. Names like Archie Griffin, Tim Tebow, and Reggie Bush have left indelible marks on Heisman history.



Brief Mention of the Best College Players

Archie Griffin, the only two-time Heisman winner, stands as a testament to his college football prowess. Other notable winners include Herschel Walker, Barry Sanders, and Charles Woodson, all of whom later made their mark in the NFL.




How To Pick a Heisman Trophy Winner

Picking a Heisman Trophy winner can be a challenging yet rewarding endeavor for bettors. While it’s true that accurately predicting the winner is difficult, there are some key factors and trends that successful bettors often consider:


Historically, Heisman winners have predominantly played the positions of quarterback or running back. Since 1950, only four winners have played a position other than these two. During this period, 32 winners were quarterbacks, and 33 were running backs (including halfbacks and fullbacks).



In recent years, quarterbacks have been particularly favored, with eight out of the last ten winners playing this position. While players from other positions should not be disregarded, the trend clearly leans toward QBs.

While the Heisman Trophy is an individual award, the team a Heisman contender plays for is a crucial factor. The quality and success of the team significantly influence voters’ decisions. Heisman winners often come from teams in contention for the national championship or at least their conference championship.



Players on traditionally strong programs or those in competitive conferences like the Pac-12, Big Ten, SEC, Big 12, or ACC are more likely to be considered for the award. It’s rare for a Heisman winner to emerge from a small college football team.

Age and experience have historically played a role in Heisman outcomes. Over the years, an overwhelming majority of winners were seniors. However, this trend has evolved, and in the last decade, two freshmen, four juniors, and one sophomore have won the award.



The most notable among them were Johnny Manziel, the first freshman to win in 2012, and Jameis Winston, who followed as a freshman the next year. While seniors have dominated Heisman wins, recent history shows that younger players can also contend successfully. Therefore, while age and experience are considered, they are less definitive factors in Heisman predictions.




Understanding Heisman Trophy Odds and Lines

πŸ”Ή Heisman Trophy odds indicate a player’s likelihood to win, with shorter odds favoring them.


πŸ”Ή Positive (+) odds show a potential profit on a $100 bet, while negative (-) odds reveal the wager needed to profit $100.


πŸ”Ή Shorter odds suggest favorites, longer odds imply underdogs and dark horses have the longest odds.


πŸ”Ή NCAAF Betting lines provide context, with favorites having the shortest odds, underdogs longer odds, and dark horses the longest.


πŸ”ΉΒ Monitor changing odds and compare offerings from different sportsbooks to find value bets.




Types of Heisman Trophy Bets and Futures Bets

Heisman Trophy betting offers a variety of wagering options, with futures bets being the most popular. Here’s a medium-level explanation of the different types of Heisman Trophy bets, particularly focusing on futures bets:




πŸ‰ Futures Bets:

Futures bets are wagers placed well in advance of the Heisman Trophy winner being announced. They involve predicting the player who will win the award at the end of the college football season. The odds and lines are set long before the award ceremony, allowing bettors to make early predictions and potentially secure favorable odds. Futures bets are a season-long investment, and if your chosen player wins, your payout is typically based on the NCAAF odds at the time of your bet. They are the most common type of Heisman bets.



πŸ‰ Conference Winners:

This type of Heisman bet involves predicting the player from a specific college football conference who will win the Heisman Trophy. While the overall award recognizes the best player in college football, conference winners narrow the focus to a particular group of teams. This can be an appealing option for bettors who want to emphasize a specific conference or believe that a player from that conference has a strong Heisman candidacy.



πŸ‰ Top 3 Finish:

Betting on a player to finish in the top three in Heisman voting is another variant of Heisman Trophy betting. In this case, you are not necessarily predicting the winner but rather that your chosen player will be among the top three vote-getters. This bet allows for a broader range of successful outcomes and can still result in a payout even if your player doesn’t win the Heisman but places highly in the final vote.



πŸ‰ Over/Under Bets:

Over and under bets for Heisman candidates involve predicting whether a player’s final Heisman vote count will be over or under a specific number set by the sportsbook. The sportsbook will establish a benchmark vote count, and you wager on whether the player will receive more or fewer votes than that number. It adds an element of statistical prediction to Heisman betting.



πŸ‰ Head-To-Head Bets:

Head-to-head Heisman bets involve comparing two players and wagering on which of the two will receive more Heisman votes. The sportsbook pairs up players, and you choose the one you believe will outperform the other in the Heisman race. This type of bet can add a competitive and comparative element to Heisman betting.




Heisman Trophy Betting Tips

Research ExtensivelyIn-depth research is the foundation of successful Heisman Trophy betting. Analyze player statistics, their performances in key games, and their impact on their teams.


Consider factors like passing or rushing yards, touchdowns, and game-changing moments. Familiarize yourself with players’ strengths, weaknesses, and playing styles.


Heisman winners often have outstanding statistical achievements, so a thorough examination of these stats is essential.

Consider the TeamWhile the Heisman is an individual award, the team a player competes for plays a crucial role in their candidacy.


Successful Heisman winners often come from teams that perform well in their respective conferences or are in contention for the national championship. Strong team records can boost a player’s chances of winning.


Consider the overall success of the team and whether they are likely to appear in playoff games or the College Football Bowls. Teams that compete at a high level tend to have players in the Heisman conversation.

Watch for InjuriesInjuries can significantly impact a player’s Heisman campaign. A sudden injury can derail a player’s chances of winning, so it’s crucial to monitor the health and durability of Heisman candidates throughout the season.


A player who misses multiple games due to injury may see their candidacy diminish, regardless of their earlier performances. Stay updated on NCAAF injury reports and their potential implications for Heisman contenders.

Stay UpdatedKeep a close eye on Heisman watchlists, media coverage, and expert opinions throughout the season. Sports analysts and journalists often provide insights into Heisman favorites and rising stars.


Following this information can help you make informed bets. Additionally, track player performances and standout moments in key games, as these can have a significant impact on Heisman races.

Look for Value BetsHeisman betting often involves favorites with short odds, but identifying value bets can be lucrative.


While frontrunners may have strong odds, consider players with longer odds who have the potential to surprise. Dark horse candidates with impressive performances can offer substantial payouts if they win.


Balance your bets by including a mix of favorites, underdogs, and dark horses to diversify your Heisman betting portfolio.




Pros and Cons of Betting on the Heisman Trophy Award


πŸ”· Pros:

πŸ”ΉΒ Excitement and Engagement:



Betting on the Heisman Trophy adds an extra layer of excitement and engagement to the college football schedule. It gives you a personal stake in the performance of individual players, making every game involving Heisman contenders more thrilling to watch.

πŸ”Ή Profit Potential:



Successful Heisman Trophy Odds can result in substantial profits. If you accurately identify a Heisman winner early in the season when the odds are favorable, your payout can be significant. This potential for financial gain adds to the appeal of Heisman Trophy betting.

πŸ”Ή In-Depth Knowledge:



Betting on the Heisman encourages a deeper understanding of college football. To make informed bets, you need to closely follow player and team performance, analyze statistics, and stay updated with media coverage. This can enhance your knowledge of the sport and your ability to assess player talent.


πŸ”Ά Cons:

πŸ”ΈΒ Unpredictability:



The Heisman Trophy is notoriously difficult to predict. Favorites may not always win, and unexpected candidates can claim the award. The unpredictability of Heisman voting makes it a challenging and sometimes frustrating betting endeavor.

πŸ”Έ Limited Betting Window:



Heisman Trophy betting typically starts well before the winner is announced. This means that your money may be tied up for an extended period, and you won’t see a return on your investment until the season concludes. It requires a longer-term commitment compared to many other types of sports betting.

πŸ”Έ Highly Competitive Field:



The Heisman field is usually highly competitive, with numerous exceptional players vying for the award. This can make it challenging to pick the right candidate, as there are multiple deserving contenders, and only one can win.




Betting on the Heisman Trophy can be an exciting and rewarding experience, but it’s important to do your research and understand the different types of bets available. By following the tips above, you can increase your chances of success and enjoy the college football season to the fullest.





FAQs – Heisman Trophy Award Betting

When is the Heisman Trophy awarded?

The Heisman Trophy presentation typically takes place in December.

Is it possible to bet on the Heisman Trophy winner early in the season?

Yes, sportsbooks open Heisman betting markets well before the winner is announced, often in the offseason.

What types of bets are available for the Heisman Trophy?

Common Heisman bets include outright winner, conference winners, and top finish bets.

Do favorites always win the Heisman?

No, favorites don’t always win, and dark horse candidates have been known to claim the trophy.

Can I change my Heisman bet during the season?

Some sportsbooks may allow you to adjust or cash out your Heisman bets before the winner is announced, but policies vary.

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