Heisman Trophy Winner Betting Odds

Where Can I Find the Latest 2021 Heisman Trophy Odds?

How To Read NCAAF Futures Market

It’s important to know exactly what you’re looking at when you examine the heisman trophy odds or other NCAAF futures odds so you can make informed and confident wagers. There’s no need to sweat this part, as the heisman trophy betting odds are conceptually the same as moneyline college football odds. Once you get the hang of it, it couldn’t be simpler.

When you look at the heisman trophy betting odds, you’ll see them displayed alongside the name of a player. Next to the player’s name will be a (+) sign, and you’ll see a number behind that sign. Theoretically, the player could also have a (-) sign next to their name as you’ll often see with regular football betting odds. However, this is quite uncommon with futures betting.

The reason for this is because while the (+) sign indicates the amount of money you would win if you bet $100, the (-) indicates the amount of money you would need to put down to win $100—and since the heisman trophy odds change constantly throughout the year, there is too much variability to predict the exact number so early in the season.

Want to see the odds in action? We can look to some hypothetical heisman trophy odds 2021 players could have so you can get an idea of what to look for in 2022 and beyond:

Spencer Rattler: +450

DJ Uiagalelei: +1200

Kedon Slovis: +2500

Remember that the player with the best heisman trophy winner odds will have the lowest number next to their name. That means Spencer Rattler is the favorite to win here, with a $100 bet on him paying out exactly $450 if you win. You’d also get back your $100 wager, leaving you with $550 altogether.

DJ Uiagalelei is a runner-up with significantly lower odds of winning. A $100 bet on him would give you $1,200 plus your original wager, so you’d walk away with $1,300 in total. Meanwhile, Kedon Slovis is the underdog of the three players with the lowest heisman trophy betting odds. A $100 bet on him would net you a cool $2,500 plus your bet amount, so you would wind up with $2,600 in your pocket.

You can see that the payout range is wide, but this makes perfect sense if you think about it. The payouts for betting on Slovis and Uiagalelei are much higher than that of Rattler because these players have less chance of becoming heisman trophy winners overall.

Betting on the favorite is a surer win, while betting on the underdog is far riskier. However, those willing to take the chance will receive their just rewards if the underdog happens to beat the heisman trophy odds and win the award. This is definitely not unheard of—football fans will always remember when Joe Burrow opened the 2019 season with odds at +15000, and he went on to take home the Heisman that year.

How To Bet The Heisman Trophy

If you want to bet on heisman trophy odds 2021 is your year to start learning. In order to wager wisely, it’s important to recognize that a Heisman bet is a bit different than other types of wagers. That’s because the Heisman Trophy is an award given out at the end of the season rather than a game to be won or lost, making it more of a prop bet than anything.

You can begin making future prop bets on heisman trophy winner odds as soon as they are released. This could be a smart move on your part, as bets made earlier have potential for bigger payouts. As the day of the Heisman ceremony draws closer, everyone has much more information on individual players’ performance and team stats they can use to make their wager.

Consequently, the heisman trophy odds tend to shrink down once sportsbooks know exactly what to expect from players. This means payouts get smaller, but it also means you can make bets with a better chance of winning. If you want to get in on some Heisman betting action without taking the risk, check out the OddsChecker free bets section to discover sportsbooks offering risk-free first bets to new players.

Heisman Trophy Betting Strategy

You already know that OddsChecker gives you access to the best heisman trophy odds 2021 has to offer. But if you want to get the most out of those lines and bet even better for the 2022 event, you’ll need a solid wagering strategy to back you up. Luckily, we’ll help you out with that. Here’s an idea of what you need to focus on when forming your strategy:

• Past Winners

• Current Form

• Odds

Dedicated Heisman voters decide who will win the Heisman annually, which naturally forms a loose pattern in the way the trophy is awarded. While the past few years have taught us that outliers are certainly possible, it’s important to recognize the trends in past winners in order to make more accurate predictions.

For example, the trophy almost always goes to a quarterback or a running back. That means the heisman trophy winner odds are much better if you bet on a player who holds one of these positions. Don’t forget to pay attention to the rest of the team as well—if a player has a solid team behind them, they have a much higher likelihood of playing in championships that put them in the spotlight and on the radar of the Heisman voters.

On the flip side, consider that star players see the most action and have a higher risk of stress, burnout, and injuries. You don’t want to take too much of a chance with injured players, unless they have a strong possibility of coming back stronger than ever. Examine a player’s current form and condition closely, avoiding individuals who seem to be on the decline.

It’s also a good thing to consider a player’s age and experience—while these factors alone won’t prevent anyone from winning the Heisman, they can certainly cause the heisman trophy odds to shift in or out of your favor. In the past, senior players were much more likely to win the trophy, but this trend has begun to fall out of fashion in the past few years.

It’s also imperative to examine the heisman trophy winner odds closely on the day you make your bets. The heisman trophy odds fluctuate as the season progresses, and the timing of your bet is perhaps just as important as your chosen pick. You must decide if you want to take the riskier option of an earlier bet or if you prefer to wait until things are clearer and you can make a more accurate prediction.

If you need a hand with forming your own predictions, we’ve got your back. Just head over to the college football picks section where our industry experts give top-quality predictions on who will come out on top. Our picks are a great resource designed to keep you updated, informed, and educated about the NCAAF so you can take one look at the heisman trophy odds and make wagers like a pro.

FAQ

When is the 2021 Heisman Trophy?

All potential Heisman trophy winners of will be announced on December 6th, 2021 and the trophy itself is expected to be awarded on December 11th, 2021.

Who won the 2020 Heisman Trophy?

Alabama’s Devonta Smith took home the Heisman in 2020, making him the first Wide Receiver to win the Heisman in three decades and one of only three WR Heisman trophy winners in history.

What different types of bets can I place on the Heisman Trophy? You can find Heisman trophy odds for futures betting and make prop bets on who will win the Heisman for the current year.