There is no clear favorite to win the Heisman with just four weeks left in the college football season.
Washington quarterback Michael Penix Jr. has spent most of the season as one of the favorites to win the Heisman. Penix Jr. is still the favorite to win the Heisman at +275 odds via BetMGM.
He does not have a significant lead over a couple of the players behind him. Here are your Heisman odds.
Heisman Odds & Market Report
Michigan quarterback J.J. McCarthy is at +300 at BetMGM, LSU's Jayden Daniels is at +450, Oregon's Bo Nix has +600 odds and Florida State's Jordan Travis is at +800.
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All five of those quarterbacks have a chance to win the Heisman if they can produce a "Heisman moment" or a "Heisman game" over the next four to five weeks.
McCarthy has led Michigan to an 8-0 record this season, and the Wolverines are the favorite to win the College Football Playoff despite cheating allegations.
He leads the country in quarterback rating and is second in the nation in completion percentage. McCarthy is getting 5.2% of the bets and accounts for 5.9% of the handle at BetMGM. He will have his opportunity for a Heisman game in two weeks when his Wolverines go on the road to face Penn State.
Penix Jr. leads the nation in passing yards. He's thrown for 2,945 yards and the next closest quarterback behind him is Caleb Williams at 2,646.
The Washington QB is getting 5.5% of the bets and accounts for 11.1% of the handle at BetMGM. Penix Jr. and his Washington Huskies will have three-straight games against ranked opponents, starting with a clash against USC this weekend.
LSU quarterback Jayden Daniels has also jumped up into the Heisman discussion at +450. Daniels is second in the nation in passing yards and leads the nation in passing touchdowns with 25.
Full Heisman Odds
Odds according to BetMGM as of November 3.
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| Player | Odds |
|---|---|
| Michael Penix Jr. | +275 |
| J.J. McCarthy | +300 |
| Jayden Daniels | +450 |
| Bo Nix | +600 |
| Jordan Travis | +800 |
| Marvin Harrison Jr. | +1000 |
| Dillon Gabriel | +2500 |
| Carson Beck | +3000 |
| Drake Maye | +6600 |
| Caleb Williams | +8000 |
| Sam Hartman | +10000 |
| Jalen Milroe | +10000 |
| Blake Corum | +12500 |
| Kyle McCord | +15000 |
| Audric Estime | +15000 |
| DJ Uiagalelei | +15000 |
| Jaxson Dart | +20000 |
| Quinshon Judkins | +25000 |
| Shedeur Sanders | +25000 |
| Keon Coleman | +25000 |
| Jack Plummer | +30000 |
| Drew Allar | +50000 |
