2020 College Football Heisman Trophy Odds: Justin Fields or Trevor Lawrence?

Heisman Trophy Odds 2020

“The winner of the 2020 Heisman Trophy is…”

College football fans everywhere are wondering who will be in the running for the 2020 Heisman Trophy. Will Trevor Lawrence finally get his shot at the award? Will Justin Fields be the guy after a tremendous 2019 season? Will Spencer Rattler be the next Oklahoma quarterback in the running? There are plenty of storylines ahead for the remainder of the 2020 college football season, and all will directly affect the Heisman Trophy odds and betting market. Sportsbook operators will be releasing more and more college football betting markets as the season goes on, but the most popular betting futures for the sport is certainly the Heisman Trophy. Let’s take a look at how to bet on the next Heisman Trophy winner, some betting history, the current odds and more.


2020 Heisman Trophy Odds

Player 2020 DraftKings Heisman Odds (9/22)
Justin Fields +250
Trevor Lawrence +250
Spencer Rattler +600
Sam Ehlinger +1000
Kyle Trask +1800
Myles Brennan +2000
JT Daniels +2000
Mac Jones +2000
D’Eriq King +2000
Jaylen Waddle +2000
Najee Harris +2200
Bryce Young +2200
Travis Etienne +2500
Trey Sermon +2500

As the SEC, B1G, and ACC are all in action along with the Big 12 playing their season, the college football futures market has been reborn. The odds to win the 2020 Heisman are certainly built around the top quarterbacks, with Justin Fields and Trevor Lawrence leading the way and Spencer Rattler behind them. Some to keep an eye on are some lesser-known college quarterbacks in Sam Ehlinger, Kyle Trask, and Myles Brennan. 

Week 3 CFB Heisman Update

With the Big Ten returning to play, the odds have shifted in the Heisman Trophy betting market. Not only does this hurt Trevor Lawrence and Spencer Rattler’s odds, but it also creates a new favorite in Ohio State quarterback Justin Fields. Fields was the favorite before the Big Ten decided not to have a season, but after a periodic cancellation of the B1G schedule, he was removed. Now with the B1G starting back up, Fields leads the way at +250 (tied with Lawrence). Of the top players at +2500 odds or better, the only skill position players that have a legitimate shot to win as of Week 3 would be running backs Najee Harris or Travis Etienne. But, with a loaded class of quarterbacks it is fully expected to be a signal caller to take home the trophy in 2020.

Stock Up:

  • Justin Fields
  • JT Daniels
  • D’Wan Mathis

Stock Down:

  • Chuba Hubbard
  • Trevor Lawrence (with B1G returning)


Legal Sportsbooks Were Indecisive on Heisman Trophy Futures

The 2020 Heisman Trophy odds have been posted at various books, but some had taken them down amidst coronavirus concerns and the season for a lot of teams was cancelled. DraftKings Sportsbook had originally posted the odds with Justin Fields and Trevor Lawrence leading, but have since taken them down and re-posted with new odds. Other sportsbooks have kept theirs up, like William Hill Sportsbook who had Justin Fields at +350 to win the Heisman Trophy, but has since removed them of course. Legal sportsbooks have many other college football futures markets available to wager on as well, such as CFB Win Totals, and College Football Playoff Championship odds.


Trevor Lawrence the Opening Favorite to Win the Heisman Trophy

As the CFB season begins, there are a ton of teams that are not playing. That affects the odds to win the Heisman Trophy going forward. As you can see at DraftKings Sportsbook, this now means Trevor Lawrence is the overwhelming favorite at +200. With Justin Fields off the board, that clears the way for Lawrence to win his first Heisman Trophy for the Clemson Tigers as they look to push towards another National Title berth.


How Can I Bet on the Heisman Trophy Odds?

College football betting has become a very popular betting market across legal sportsbooks in the US over the last two years. This is not only limited to betting on individual games or who will win the National Championship. Futures and prop betting are becoming more and more popular, which has led to many bettors wagering on who will win the Heisman Trophy. Betting on who will win the Heisman has become a staple across sportsbook operators college football products, and there are many to choose from.

You can bet on who will win the Heisman Trophy with a few simple steps:

  • Logging onto your favorite online sportsbook.
  • Navigating to “College Football” under sports.
  • Choosing “Futures”.
  • You will see “Heisman Trophy” odds if the sportsbook offers the betting market.

Like betting on the NFL or the NBA, there are plenty of betting markets available for college football betting. The Heisman Trophy is one of the most popular, and given how much the odds change it is a very market to follow.


Where Can I Bet on the Heisman Trophy?

There are plenty of options to bet on the Heisman Trophy, as more and more states are allowing legal sports betting in America. Let’s take a look at four of the top options to bet on the Heisman Trophy, which states they are available in, and the type of bonus you can get if you are a new player at the sportsbook. Be sure to take advantages of the welcome bonuses at various sportsbooks to increase your bankrolls.

DraftKings Sportsbook

States Available: PA, NJ, WV, IN, NH, IA, CO

Bonus: Up to $1,000 BONUS

FOXBet Sportsbook

States Available: PA, NJ, CO

Bonus: $1000 for New Players

FanDuel Sportsbook

States Available: PA, NJ, WV, IN, IA, CO, NY

Bonus: Risk-FREE Bet up to $500

BetMGM Sportsbook

States Available: NJ, CO, WV, IN, NV

Bonus: Risk-FREE Bet up to $500


Heisman Trophy Betting History


Heisman Trophy Winner Year Opening Odds Closing Odds
Joe Burrow 2019 +20000 -12500
Kyler Murray 2018 +2000 +700
Baker Mayfield 2017 +700 -1800
Lamar Jackson 2016 +10000 -1345
Derrick Henry 2015 +2500 -465
Marcus Mariota 2014 +500 -1500

As you can see, there have been many longshots that have gone on to win the Heisman in the last six years, but they have all ended up as the favorite when odds have closed except for one player…Kyler Murray. In 2018, Kyler Murray was +700 at the end of the college football season and Tua Tagovailoa was -1000, but Murray snuck through and won the 2018 Heisman Trophy. Who will be this year’s Kyler Murray? Take a look at the opening Heisman Trophy odds at DraftKings Sportsbook.


Last Five Heisman Award Odds and Winners


Heisman Trophy Winner School Year Preseason Odds to Win Heisman
Joe Burrow LSU 2019 +20000
Kyler Murray Oklahoma 2018 +2000
Baker Mayfield Oklahoma 2017 +700
Lamar Jackson Louisville 2016 +10000
Derrick Henry Alabama 2015 +2500

Studying the preseason odds of past Heisman Trophy winners is a terrific exercise. Before the season, the only player that was considered a candidate that actually won was Baker Mayfield in 2017 with Oklahoma. Joe Burrow was +20000, Lamar Jackson was +10000, and others were +2000 or more. Entering the 2020 Heisman Trophy race, the favorite is Justin Fields. Will he win? Time will tell.


Heisman Trophy Odds Frequently Asked Questions


Can I legally bet on the Heisman Trophy winner?

Yes. In states that allow legal sports betting and allow wagering on college sports, you can bet on who will win the Heisman Trophy.


Who won the 2019 Heisman Trophy?

The 2019 Heisman Trophy winner was Joe Burrow, QB, Louisiana State University.


Who won the 2018 Heisman Trophy?

The 2018 Heisman Trophy winner was Kyler Murray, QB, Oklahoma University.


Who is the favorite to win the Heisman Trophy?

The current favorite to win the Heisman Trophy is Justin Fields, QB, Ohio State University.


What are Trevor Lawrence’s odds to win the Heisman Trophy?

Trevor Lawrence is second behind Justin Fields to win the Heisman Trophy, with +400 odds to win.


What are Justin Fields’ odds to win the Heisman Trophy?

Justin Fields is the favorite to win the Heisman Trophy, with +350 odds to win.