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Betting on Futures with Heisman odds college football is a straightforward approach. You choose the player you feel will win the award at the end of the college football season, with your winnings if you are right determined by the odds at the time of your bet. All the best online sportsbooks provide odds to win 2023 Heisman.
For example, if you place a $100 bet on a player that has +600 odds and you win the wager, the return would be $600. Wagers for Heisman odds can be placed before the season starts or at any time throughout the course of the college football season. These are the top college football betting promos to grab before making that bet:
2023 Heisman Trophy odds from BetMGM
There are no trick plays to worry about while reading the lines when it comes to the odds to win the 2023 Heisman. Starting with the favorite, the best odds show at +500, which means with a $100 bet, the profit is $500. A $100 bet on a +1000 choice would pay out at $1,000, and so on. Find your favorite on the futures market at college football betting apps and put your money down.
USC Trojans quarterback Caleb Williams is favored in early odds to repeat as the Heisman winner. (Photo by Tim Heitman/USA TODAY Sports)
A returning Heisman Trophy winner is a bit of a rarity in today’s college football scene, as it’s usually a gateway to the NFL draft. But USC’s Caleb Williams, who won the Heisman last season, is back for a chance at a repeat and is the favorite on sports betting apps, with BetMGM listing Williams as +500 to win again.
Should Williams pull off the repeat he would be just the second player in NCAA history to win back-to-back Heisman awards, joining Archie Griffin who won it in 1974 and 1975 with Ohio State. Bo Nix, listed at +1200, is a top-five favorite and someone to keep an eye on as he flourished in his first year with Oregon last season and is back for his fifth year of eligibility.
These are the five favorites in Heisman betting odds:
One thing about preseason odds: Players tend to make a bit of an unexpected jump up the odds chart during the season based on how they perform. So, players who are considered underdogs in July could be favorites by the middle of October.
Carson Beck at +2000 steps under center for National Champion Georgia with plenty of offensive weapons to work with, while Washington’s Michael Penix Jr. at +1400 threw for more than 4,600 yards last season and 31 touchdowns and returns for his fifth year of eligibility.
Underdog Heisman winner odds to consider:
Keep an eye on the Heisman odds because how they look now will almost certainly change less than a month into the season, and favorites could go from plus-favorites to a minus, which does decrease the payout in the event of a winning wager.
The opening lines provide a glimpse into the top players expected to compete for the top player in college football heading into the season. The higher the number indicates those who are the favorites, while the lower the number would be considered underdogs. As an example, a $10 bet on Caleb Williams at +500 odds returns a $50, win but a $10 bet on Quinn Ewers at +1000 pays out $100.
LSU Tigers quarterback Jayden Daniels (5) is among the early favorites to win in 2023 Heisman odds. (Photo by Mike Watters/USA TODAY Sports)
Determining the best odds to win 2023 Heisman Trophy often comes down to which outlet will provide just a little bit more. Most of the oddsmakers, particularly before the season starts, offer comparable odds. But some will provide a better sign-up bonus, while others offer bet boosters that can increase your winnings.
When looking at who to back in 2023 Heisman odds, look for a consistent performer who has some marquee matchups in the second half of the season. While a few huge weeks by a player might force some movement in Heisman Trophy odds, voters like to see consistent greatness - especially against great teams. Putting up monster numbers against weak teams will not lead to a winning ticket for you; but big performances on the game's biggest stage, back by week-in and week-out strong play usually leads to an invite to the Heisman Trophy ceremony.
When it comes to perusing the variety of sportsbooks, most will offer similar odds, but that doesn’t mean they are all the same. You can find some better return value on a win with just a slight difference in the odds if you look around and find the right place to make your wager. And each sportsbook offers different sign-up incentives, so look around and find your fit to make your bet on the 2023 Heisman Trophy winner.
You can sign up for as many welcome offers and sportsbooks as you like, allowing for odds shopping when betting on 2023 Heisman odds.
When there are more operators in the marketplace, it’s already a win for consumers as sportsbooks are offering odds boosts and hundreds of markets for betting on college football, above and beyond Heisman Trophy betting odds.
And then there are the welcome offers. From bonus bets as soon as you sign up to first-bet protection and rewards credits, there are plenty of options to choose from before making your selections for the 2023 Heisman Trophy. We’ve selected some of the best introductory offers available and outlined them below.
Now is the best time to lock in your wagers for the 2023 Heisman Trophy winner with the preseason odds. And trying to find the best odds might come down to which of the sportsbook promo codes fits best for you. We’ve selected the top six offers available and outlined the incentives they provide, utilizing the specific promo codes unique to each sportsbook.
The King of Sportsbook provides one of the best introductory offers for first time account holders. The BetMGM first-bet offer using the BetMGM bonus code USATODAY provides bonus bet protection if your first bet loses, up to a maximum of $1,000.
BetMGM offers a plethora of parlay opportunities and runs event promotions throughout the year as well. From single-game betting opportunities, including the first week of the college football season, to odds on conference winners, odds boosts and more, BetMGM has you covered.
Nobody else welcomes new account holders like Caesars Sportsbook, who not only provide a bonus bet up to $1,250 if your first bet loses, but all new account holders receive 1,000 Reward credits along with 1,000 Tier credits when signing up using the Caesars Sportsbook promo code USATODAYFULL when opening a new account with a minimum $20 deposit.
Caesars also has the option for in-game parlay wagering, referral bonuses when a friend signs up and profits boosts that give the chance to put more money in your pocket. Caesars gives you the chance to start a solid foundation to get rolling as you keep an eye on the Heisman betting odds throughout the college football season.
From prop bets, futures market and straight money lines, DraftKings provides everything you need at your fingertips. The 2023 Heisman odds are worth watching throughout the season as the preseason favorites tend to fade, giving way to the underdogs to climb into the race.
And when you use the DraftKings promo code BET NOW link below when opening a new account, once you place at least a $5 bet with your first wager, DraftKings gives you $150 in bonus bets instantly, paid out in six $25 increments.
FanDuel changes its offer more than just about other online sportsbook. Its current promo gives new account holders 10x their first bet, up to a maximum of $200, back in bonus bets with the FanDuel promo code. When signing up and placing a deposit in your new account, make your initial wager and whether that bet wins or loses, FanDuel will give you back 10x the amount of the first bet back in bonus bets, up to $200. FanDuel also offers parlay promotions as well as profit booster options to give your winnings a little extra kick.
With just a $20 initial wager when opening a new account with the WynnBET promo code XUSATODAY, you get an additional $100 in bonus bets, provided your first bet was on a -120 or greater odds. When you do, you get a pair of additional $50 bonus bets with an odds requirement of -150 or better. WynnBET has multi-sport parlay and same-game parlay options available while keeping an eye throughout the college football season on the Heisman winner odds.
Some of the best college football Heisman odds are with BetRivers, who have the odds that will pay you more when choosing your favorite to win the Heisman Trophy. If insurance on parlay bets is your thing, BetRivers has them aplenty on parlay wagers placed on baseball, tennis and golf, too. And new users who sign up using the BetRivers promo code SPORTS get a second-chance bonus bet if their first bet comes back as a loss, equal to your initial wager up to a maximum of $500.
The bonus bet ceiling does vary by state, so be sure to check where you are located. Bonus bets do have a -200 odds requirement.
Getting set up to take advantage of the preseason Heisman Trophy odds takes just a few minutes and can be done in a few simple steps. If you are new to betting and want to know more, you can also check out our guide on how to bet on college football.
The first step is to choose which sportsbook you want to join and follow the steps outlined below.
While not every state has issued licenses for online betting, more than half of the U.S. has some form of online wagering available. Kentucky betting apps and North Carolina betting apps will not be live in time to wager on Heisman odds this year, but you can in the following states:
You’ve already taken the first step toward placing your bets on who will be handed the Heisman Trophy in December by reading to this point. You have an idea of how the odds work, how they can fluctuate throughout the season and know the favorites as well as some of the long shots.
Now there is just one more step to complete the process – sign up for a new account at any, or all, of the licensed and legal sportsbooks we've recommended. They all offer something a little different for you to choose from, so find what fits you best and sign up today!
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