The 2024 college football season is just a few months away, and it’s never too early to start looking at the futures markets.
The Heisman Trophy provides plenty of betting value each season, and this upcoming year is no different. Let’s look at the current odds and see where the value lies (odds via FanDuel).
2024 Heisman Trophy favorites to bet
Carson Beck (+750)
Georgia’s Beck is the current front-runner in the Heisman market, and he’s a top contender to be the first overall pick in the 2025 NFL Draft.
Beck threw for 3,941 yards and 24 touchdowns with just six interceptions last season, and he enters his redshirt senior campaign poised to make a significant impact.
The Bulldogs must replace Brock Bowers and Ladd McConkey, but wide receivers Dominic Lovett and Rara Thomas are poised for big seasons.
Georgia missed the College Football Playoff last year, but as the current championship favorites, Beck could be at the forefront of the best team in the country.
Quinn Ewers (+900)
Texas is joining the SEC this season, setting up even more visibility for one of the biggest brands in college football.
The Longhorns went 12-2 last season with a narrow loss to Washington in the CFP semifinal.
Ewers was instrumental in their breakthrough season, with 22 passing touchdowns to six interceptions in 12 games.
However, the Longhorns lost their top five leading receivers from last season — Xavier Worthy, Adonai Mitchell, Ja’Tavion Sanders, Jordan Whittington and Jonathon Brooks.
Transfers Isaiah Bond and Silas Bolden are poised to help replace that production, but I’m not rushing to bet on Ewers to take a Heisman leap with so many moving parts in the pass-catching corps.
Dillon Gabriel (+1000)
After an impressive season at Oklahoma with 30 touchdowns to just six interceptions, Gabriel has transferred to Oregon for his final season of collegiate eligibility.
Gabriel replaces Bo Nix under center for the Ducks after a Heisman podium finish with 45 touchdowns last year.
Gabriel enters one of the best situations for any quarterback in the country with an excellent offensive line and elite pass-catching corps featuring the returning Tez Johnson and transfer Evan Stewart.
In their first season in the Big Ten, Oregon looks to be a strong contender, and Gabriel will be a driving force in the team’s success.
Best Values
Jaxson Dart (+1500)
After preseason doubts he’d even win the starting job, Dart flourished with 31 total touchdowns to just five interceptions.
He’s back for more and could put up video-game numbers in Lane Kiffin’s offense with his passing and rushing viability.
Armed with the top-ranked transfer portal class in the country, I’m expecting a big season from Ole Miss with an opportunity to challenge Georgia and Texas atop the SEC.
One of those transfers is Antwane “Juice” Wells Jr., who could be poised for a monstrous season in Oxford alongside star receiver Tre Harris.
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Riley Leonard (20/1)
Notre Dame tapped the ACC in the transfer portal once again to find a starting quarterback, and former Duke passer Riley Leonard is poised for a big season.
Leonard is coming off an injury that kept him off the field for most of the spring, but Senior Bowl Director Jim Nagy recently reported that Leonard “looked back at full-strength driving the ball” in a recent workout in Mobile.
If Leonard can stay healthy, he offers Heisman upside this season. New Notre Dame offensive coordinator Mike Denbrock coached Jayden Daniels to his Heisman-winning campaign last year, and Leonard offers similarly elite rushing upside — in his last fully healthy season in 2022, he ran for 699 yards and 13 touchdowns.
Drew Allar (40/1)
Looking for a long shot in the Heisman market? Allar is a name to consider. The Penn State quarterback was somewhat underwhelming in his first season as the starter, but the former five-star recruit was held back by play-calling.
Former offensive coordinator Mike Yurcich never empowered Allar to open up the offense.
Former Kansas offensive coordinator Andy Kotelnicki has arrived in Happy Valley to orchestrate a modernized downfield passing game.
Alongside Kansas head coach Lance Leipold, Kotelnicki engineered one of the country’s most dynamic and creative offenses in recent years.
If he can maximize Allar’s arm talent, 40/1 odds could become a steal.