Arch Manning Odds to Win 2025 Heisman Trophy: 6-1 Favorite But It's a 'Crapshoot'

In 2024, when the Heisman odds opened at BetOnline.ag, Jalen Milroe was the favorite. Fast forward six months and here were the opening odds for the four finalists:

Travis Hunter                   50/1

Ashton Jeanty                 Off the Board

Cam Ward                       Off the Board

Dillon Gabriel                  9/1

In 2023, when the Heisman odds opened, Caleb Williams was the favorite. Here were the opening odds for the four finalists:

Jayden Daniels               20/1

Michael Penix Jr.            12/1

Bo Nix                              12/1

Marvin Harrison Jr.         50/1

In 2022, when the Heisman odds opened, CJ Stroud was the favorite. Here were the initial odds for the four finalists:

Caleb Williams                 12/1

CJ Stroud                        5/1

Stetson Bennett              Off the Board

Max Duggan                   Off the Board

After only one of the last three initial favorites made it to New York for the Heisman presentation, only two of the last 12 finalists had odds better than 10/1 and four of the names were off the board, our oddsmakers decided to greatly expand the early list today.

So, basically, the Heisman winner is a crapshoot and could be a big windfall to be made if you can figure out just who will lift that bronze statue in 2025.

The 2025 Heisman odds are fluid and subject to change.