Heisman Trophy Odds, Market Report: Bets Roll In On Michael Penix Jr. After Win Over Oregon

Heisman Trophy Odds, Market Report: Bets Roll In On Michael Penix Jr. After Win Over Oregon article feature image
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Getty Images. Pictured: Michael Penix Jr.

The Heisman race is becoming more and more clear.

Washington quarterback Michael Penix Jr. had what could be his Heisman moment against the Oregon Ducks this past weekend.

Penix threw for 302 yards with four touchdowns and an interception as his No. 7 Huskies beat the No. 8 Ducks.

Penix was already the Heisman favorite heading into the week. But he was barely ahead of Caleb Williams. Penix was at +200 while Williams was at +225 at BetMGM.

After the Week 7 performance against the Ducks, Penix is the clear favorite to win the Heisman at -145. Williams is now +3000.

At BetMGM, Williams has become the third-biggest liability after his odds moved this past weekend. The USC quarterback now accounts for 10.2% of the Heisman tickets and 17.1% of the handle. From Saturday until Tuesday morning, Williams accounted for 31.5% of the tickets placed and 25.7% of the handle.

Penix accounts for 5.5% of the total bets and 11% of the handle. From Saturday until Tuesday, Penix received 11.6% of the bets and 37.1% of the handle.

At FanDuel, there was a $7,000 bet that came in on Penix to win the Heisman at -140 odds after Washington beat Oregon on Saturday.

Shedeur Sanders is the biggest liability to win the Heisman at BetMGM. He is getting 18% of the bets and accounts for 16.9% of the handle. He is currently +25000 to win the Heisman despite leading the nation in passing yards and another 400+ yard performance.

Heisman Trophy Odds

Odds according to BetMGM as of October 17. 

Action’s BetMGM bonus code unlocks up to $1,500 in bonus bets for new sign-ups.

PlayerOdds
Michael Penix Jr.-145
J.J. McCarthy+1000
Dillon Gabriel+1000
Jordan Travis+1300
Jayden Daniels+1300
Drake Maye+1400
Caleb Williams+3000
Bo Nix+3000
Carson Beck+3000
Quinn Ewers+5000
Kyle McCord+5000
Blake Corum+5000
Jalen Milroe+5000
Drew Allar+6000
DJ Uiagalelei+6600
Sam Hartman+8000
Marvin Harrison Jr.+8000
Jaxson Dart+15000
Keon Coleman+15000
TreVeyon Henderson+25000
Cameron Rising+25000
Braelon Allen+25000
Nick Singleton+25000
Spencer Rattler+25000
Audric Estime+25000
KJ Jefferson+25000
Quinshon Judkins+25000
Will Shipley+25000
Xavier Worthy+25000
Cameron Ward+25000
Dante Moore+25000
Devin Leary+25000
Donovan Edwards+25000
Emeka Egbuka+25000
Jalon Daniels+25000
Payton Thorne+25000
Tyler Van Dyke+25000
MarShawn Lloyd+25000
Shedeur Sanders+25000
Taulia Tagovailoa+25000
Dorian Singer+25000
Harold Perkins Jr.+25000
Trey Benson+25000
Jayden de Laura+25000
Chandler Morris+25000
Tyler Shough+30000
Kedon Slovis+30000
Tanner Mordecai+30000
Will Howard+30000
Will Rogers+30000
Brennan Armstrong+30000
Carson Steele+30000
Emory Jones+30000
Jack Plummer+30000
Devin Neal+30000
Joe Milton+50000
Michael Pratt+50000
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About the Author
Chase is a news writer at The Action Network. He specializes in college sports, golf and soccer but will watch anything you can bet on. Catch him on the golf course either carrying a bag or playing with his buddies.

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