They say it’s not over until it’s over – but take a look at those NCAAF Heisman Trophy odds. That’s if you can find them; only three of the featured online sportsbooks here at Bookmakers Review still have their Heisman odds on the board as we go to press.
Have the voters already made up their minds? Is there any betting value left in the underdogs?
2025 NCAAF Heisman Trophy Players to Watch
Maybe there’s one dark horse left among the Heisman Trophy betting lines. We’d be very surprised here at the ranch if the frontrunner doesn’t cash in, but given the way things have played out this year, we have to at least take a moment to consider the merits of both our Heisman contenders – and yes, they’re both quarterbacks.
Heisman Trophy Winner Odds
| Player | Team | Odds |
|---|---|---|
| Fernando Mendoza | Indiana | -900 |
| Diego Pavia | Vanderbilt | +375 |
| Jeremiah Smith | Ohio State | +10000 |
| Jeremiyah Love | Notre Dame | +12500 |
| Jacob Rodriguez | Texas Tech | +50000 |
| Gunner Stockton | Georgia | +50000 |
| Julian Sayin | Ohio State | +50000 |
Indiana QB Fernando Mendoza (–1200)
He wasn’t considered a deadbolt lock from Day One; in fact, Mendoza (+5500) wasn’t anywhere near the Top 10 preseason Heisman favorites, which had Texas QB Arch Manning (+750) and LSU QB Garrett Nussmeier (+800) fighting for first place.
But the Indiana Hoosiers refused to lose. Mendoza got Indiana through the regular season unscathed, then they beat Ohio State to win the Big Ten Championship.
If Mendoza hadn’t already impressed the voters sufficiently by Champ Week, Indiana’s 13-10 win over the top-ranked Buckeyes (–3 at Lucas Oil Stadium in Indianapolis) likely sealed the deal. That left the Hoosiers as the only undefeated team in the FBS at 13-0 (8-5 ATS), their best season since the program was founded in 1887.
If we want to be nit-picky, the advanced stats say Mendoza wasn’t the most productive quarterback in the FBS – or even in the Big Ten.
CFB-Graphs has USC QB Jayden Maiava on top at 161.72 Total EPA (Expected Points Added), followed by Ohio State QB Julian Sayin at 149.29 EPA; Mendoza finished No. 10 among quarterbacks at 99.49 EPA.
But he was still the most prominent player on the No. 1 team in college football, and the best team Indiana has ever put on the field.
Vanderbilt’s QB Diego Pavia (+500)
There was one other name in particular that kept getting mentioned for this year’s award, and it’s the only other player with shorter than +30000 odds to win the Heisman at press time.
Pavia finished third among FBS quarterbacks at 133.06 EPA while leading the Vanderbilt Commodores to an impressive 10-2 record (9-2-1 ATS), finishing just outside the College Football Playoff at No. 14 in the CFP rankings.
The Heisman voters could be swayed to rank Pavia ahead of Mendoza when they submit their Heisman ballots. Pavia plays in the SEC, still by far the most powerful conference in college football, with additional exposure provided by that Any Given Saturday show on Netflix.
There will no doubt be some media members and ex-players from that region who will find a way to put their guy over anyone the Big Ten has to offer. But they don’t really have much of a case this year.
Don’t Let the Odds Pass You By
These NCAAF Heisman Trophy odds were available at BetOnline as we went to press. They’ve got the best payout on both Mendoza and Pavia, although that might have changed by the time you read this.
It won’t be long now before the betting window closes; check the live NCAAF player futures at Bookmakers Review before you place your bets, but get them in while you still can, and may the prolate spheroid be with you.
*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.
