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Heisman Trophy Odds: Is It A Two-Man Race Between Lawrence and Fields?

With pretty much every sport currently on hiatus due to the COVID-19 pandemic, the future of NCAA college football for 2020 is up in the air but that hasn’t stopped oddsmakers from predicting which player will win the Heisman Trophy, with Clemson’s Trevor Lawrence tabbed as the fave.

The best college football betting sites have installed the Tigers quarterback as the +275 favorite to win the nation’s highest individual honor for a football player. The signal-caller is entering his third year in South Carolina and is favored to win the National Championship.

Following Lawrence is Ohio State Buckeyes quarterback Justin Fields, who is right behind him at +400 and was in the thick of the race to win the Heisman last season before LSU’s Joe Burrow went ballistic.

If you’ve never bet on the Heisman Trophy prop or NCAA college football in general, you’re in luck. Odds Shark has compiled a comprehensive guide to betting on college football that can get you up to speed.

For now, here are the full betting odds for which player will win the Heisman Trophy:

Odds To Win 2020 Heisman Trophy 
PlayerOdds
Trevor Lawrence +275
Justin Fields+400
Chuba Hubbard+1000
D’Eriq King+1100
Kyle Trask+1100
Sam Ehlinger+1400
Spencer Rattler+1400
Jamie Newman+1500
Najee Harris+2000
Ian Book+2200
Kedon Slovis+2400
Sam Howell+2500
Bo Nix+2600
Mac Jones+2800
Myles Brennan+3000
Kellen Mond+3500
Micale Cunningham+5500
KJ Costello+6600
Tanner Morgan+6600
Adrian Martinez+7500
Rondale Moore+8000
Kenneth Gainwell+12500

Odds as of May 13 at Bovada

Fields or Lawrence, Which QB Has The Edge?

The 2020 Heisman Trophy race really could be a coin flip between Trevor Lawrence and Justin Fields as both players have tremendous skills and the potential to lead their team to a perfect season and a national title.

Trevor Lawrence

Clemson QB Trevor Lawrence has just one loss on his college record, leading the squad to a national championship in his true freshman season and falling in the national title game in 2020. Another year of growing mentally/physically and the sky is the limit in the 2020-21 season for Lawrence.

The only thing that holds him back from winning the coveted award is the conference in which he plays. The ACC isn’t exactly known as a world-beater in the college football sphere. So, outscoring your opponent by 25-plus points every weekend for a perfect regular season doesn’t seem to impress the voters as that’s what he has done twice already.

Now, I think he has the edge over Fields if he repeats his past performances because it would be a legacy award – it would be awful if he goes to the NFL without winning a Heisman.

Justin Fields

What gives the Ohio State Buckeyes’ Justin Fields a bit of an edge over Lawrence is the tougher competition in his conference, the Big Ten. In the final AP poll rankings, Clemson was the only ACC squad in the Top 25 while the Big Ten had six teams, including three in the top 10.

If you flash back to the College Football Playoff semifinal last season, Ohio State and Clemson met and the Buckeyes were leading the Tigers 16-14 at the half but came up short in the second half. What did the team and Fields learn from that defeat?

The sophomore was extremely efficient with the football in 2019, finishing the year with a 41-to-3 touchdown-to-interception ratio, with two of those picks coming in that game against Clemson. He also racked up nearly 500 rushing yards and 10 majors on the ground. That is an area of his game he may be able to elevate even more to make him the clear-cut favorite for this year’s Heisman.

Heisman Trophy Historical Odds

By now, everyone is aware that LSU Tigers quarterback Joe Burrow won the Heisman Trophy in 2019 and was selected first overall by the Cincinnati Bengals in the NFL draft. But did you know his odds to win the award prior to the start of the season were +4000?

That’s the best part of betting on this prop. Players can be huge underdogs before the season starts and emerge from nowhere to take the spotlight. Burrow at some sportsbooks wasn’t even listed as a Heisman candidate until after LSU’s second game.

Here at Odds Shark, we have compiled the opening and closing odds for every Heisman winner dating back to 2009, when Alabama’s Mark Ingram took home the hardware. These odds are courtesy of sportsoddshistory.com.

Here are the opening/closing betting odds along with the preseason favorite for the Heisman Trophy since 2009:

Heisman Trophy Odds History
YearWinnerPreseason OddsClosing OddsPreseason Favorite (odds)
2019Joe Burrow+4000-12500Tua Tagovailoa (+250)
2018Kyler Murray+3000+700Tua Tagovailoa (+400)
2017Baker Mayfield+700-1800Sam Darnold (+500)
2016Lamar Jackson+10000-1350Deshaun Watson (+450)
2015Derrick Henry+2500-465Trevone Boykin (+650)
2014Marcus Mariota+425-1500Marcus Mariota (+425)
2013Jameis Winston+600-15000Teddy Bridgewater (+450)
2012Johnny ManzielN/A-1000Matt Barkley (+300)
2011Robert Griffin III+2800-1000Andrew Luck (+325)
2010Cam NewtonN/A-450Mark Ingram (+450)
2009Mark IngramN/A-250Tim Tebow (+225)

Making a Futures Bet

A futures bet is a wager made on events or milestones that will happen in time. The Heisman bet is a form of futures betting because you are making a pick based on an outcome determined at the end of NCAA football season. The trophy is given out in mid-December and if you want to get a bigger payout, it’s best to lock in your bets sooner rather than later so you can take advantage of better odds. The closer it gets to Heisman voting, the more the odds will change.

How to Read Heisman Trophy Odds

The above chart features the odds for each top player in college football. At your sportsbook of choice, the betting lines would look something like this:

Trevor Lawrence +275

Justin Fields +400

Bo Nix +2600

This means that Lawrence is the favorite since he has the lowest odds and the highest chance of winning the prop, according to oddsmakers. If you were to bet $100 on Lawrence and he won, you would get a payout of $375 – your original $100 is returned along with your winnings of $275.

On the other hand, if you strongly believe that Bo Nix is going to outdo himself at Auburn and give the performance of a lifetime, a winning $100 bet on him would yield $2,700 – your $100 comes back along with your prize of $2,600.

Our Odds Calculator will show you how much you’d win based on the odds and amount bet.

Handicapping Your Heisman Bet

We have the goods to ensure that you can make smart picks. Check out our college football pages to give you the edge over other bettors:

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Consensus

Scores

ATS Standings

Offensive Stats

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