2023 Heisman Trophy Analysis & Betting Preview: Early Odds & Top 5 Contenders

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Caleb Williams #13 of the USC Trojans scrambles against the Tulane Green Wave during the Goodyear Cotton Bowl Classic. Tom Pennington/Getty Images/AFP

Heisman Trophy Winner Pick

Caleb Williams +550 at BetOnline (visit our BetOnline Review)

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Caleb Williams +550
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The college football season will be here before you know it, and below we review the preseason Heisman Trophy odds and discuss the top five candidates according to BetOnline, one of our favorite sportsbooks for US players.

Key Stats

  • Caleb Williams (USC) – 2022 (4,537 passing yards, 382 rushing yards, 52 total TDs)
  • Jayden Daniels (LSU) – 2022 (2,913 passing yards, 885 rushing yards, 28 total TDs)
  • Quinn Ewers (Texas) – 2022 (2,177 passing yards, -52 rushing yards, 16 total TDs)
  • Cade Klubnik (Clemson) – 2022 (697 passing yards, 139 rushing yards, 4 total TDs)
  • Carson Beck (Georgia) – 2022 (310 passing yards, 43 rushing yards, 4 total TDs)
  • J.J. McCarthy (Michigan) – 2022 (2,719 passing yards, 306 rushing yards, 27 total TDs)
  • Jordan Travis (Florida State) – 2022 (3,214 passing yards, 417 rushing yards, 31 total TDs)
  • Drake Maye (North Carolina) – 2022 (4,321 passing yards, 698 rushing yards, 45 total TDs)
  • Michael Penix Jr. (Washington) – 2022 (4,641 passing yards, 92 rushing yards, 35 total TDs)
  • Bo Nix (Oregon) – 2022 (3,593 passing yards, 510 rushing yards, 43 total TDs)

Below is an abbreviated list of the 2023 Heisman Trophy Award betting odds as of July 25, 2023, courtesy of BetOnline.

1. Caleb Williams (+550)

The reigning Heiman Trophy winner has to be the odds-on favorite to do it all over again, especially with experience under his belt and a high-octane offense to get the job done. The Trojans are unofficially ranked No. 6 in the nation and were one win away from the CFP before falling to Utah in the Pac-12 championship game.

Lincoln Riley and Caleb Williams are a winning combination, and you could do much worse than making your betting pick on the favorite at a decent price.

2. Jayden Daniels (+900)

Lincoln Riley might have been the biggest coaching coup last season, but a case could certainly be made for Brian Kelly leaving the Golden Dome of Notre Dame for the bright lights of coaching in the SEC and restoring a recent national champion to its former glory as the head coach of LSU.

Jayden Daniels had a sensational season with the Tigers under Kelly’s mentorship after transferring from Arizona State. Last year saw a 17:3 touchdown-to-interception ratio along with 885 rushing yards, producing 11 touchdowns on the ground. He’s a dynamic dual threat and is a serious contender for the Heisman.

3. Quinn Ewers (+900)

There is little question Ewers is a one-dimensional pocket passer, but some of the best quarterbacks in history fall into that category.

Nevertheless, this year we can expect the Horns to lean much more on the passing game after running back Bijan Robinson was selected as the No. 8 overall pick by the Falcons. This price seems a bit chalky on Ewers and does not give us any real value on a quarterback who completed only 58% of his passes with a 15:6 TD/INT ratio.

4. Cade Klubnik (+1100)

The DJ Uiagalelei era is over, and Cade Klubnik will be the man under center for the Tigers this season. And while Clemson’s offense appeared to rally around Klubnik after he relieved Uiagalelei of his duties at the end of the year, we should also keep in mind that he has limited experience and no Clemson player has ever won the Heisman Trophy Award, and that includes Deshaun Watson and Trevor Lawrence.

Lastly, running back Will Shipley, who rumbled for 1,182 rushing yards and 15 touchdowns will likely be called on to carry a substantial portion of the offense yet again.

5. Carson Beck (+1100)

Stetson Bennett has taken the next step to the NFL, drafted in the fourth round by the Rams, so it is now Carson Beck’s turn to guide this championship team to another national title. And although Beck’s odds might seem a bit short considering his limited playing time, we should note that Bennett’s odds were much longer at this time of the year and, as we all know, Bennett was a Heisman finalist.

Let’s also remember that Beck will have a wagon surrounding him with arguably the best tight end in the nation, Brock Bowers, along with Ladd McConkey and Missouri transfer, Dominic Lovett, as his two primary options on the wings.

Who We're Betting On

Those are the top five preseason Heisman candidates according to the oddsmakers over at BetOnline, but these lines will fluctuate moving forward.

We should keep in mind that in addition to USC’s Caleb Williams being our choice to walk away with the Heisman this season, another candidate to consider is North Carolina’s Drake Maye, who had an outstanding season in 2022 with 4,321 passing and 698 rushing yards producing a total of 45 touchdowns. If we are betting on more than one Heisman candidate, he would be our second choice.

NCAAF Pick: Caleb Williams Heisman Trophy Winner +550 at BetOnline

*The line and/or odds on picks in this article might have moved since the content was commissioned. For updated line movements, visit BMR’s free betting odds product.