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Heisman Trophy odds 2026

Live Heisman Trophy odds for the 2026 college football season.

Live Heisman Trophy odds for the 2026 college football season. Each price is what a contract costs that pays $1 if that player wins, so it doubles as the market’s estimate of the chance. The Heisman is awarded in December, after the conference championship games.

Live odds · both venues

Heisman Trophy 2026: live odds

Outcome Polymarket KalshiGap
Jeremiah Smith 40%▲2 39%— 1 pts
Darian Mensah 23%— 26%▲1 3 pts
Malachi Toney 18%— 19%— 1 pts
Ahmad Hardy 12%▲9 1%— 11 pts
Jesse Legree 6%▲5 2%— 4 pts
LaNorris Sellers 5%▲3 1%— 4 pts
CJ Carr 2%— 5%▲2 3 pts
Kewan Lacy 4%▲1 1%— 3 pts
Trinidad Chambliss 3%▼2 4%— 1 pts
Bo Jackson 3%— 1%— 2 pts
Josh Hoover 3%▲2 1%— 2 pts
Sam Leavitt 3%— 2%— 1 pts

Latest price of each outcome, read as a chance. Names are matched across venues automatically; check each venue's rules before comparing, as resolution wording can differ. Updated every few minutes.

How the Heisman is decided

About 870 sportswriters and broadcasters, split across six US regions, vote alongside former Heisman winners and one fan vote. Each voter ranks three players; first place is worth three points, second two and third one. The award has gone overwhelmingly to quarterbacks and running backs, though wide receivers have broken through in recent years.

What moves Heisman odds

  • Big-game performances. November rivalry games and conference title games often decide the race.
  • Team success. Candidates on College Football Playoff contenders get far more attention.
  • Statistics and highlights. Voters watch the same highlight shows as everyone else.
  • Injuries. Missing even one late-season game can end a campaign.

FAQ

Who is the Heisman favourite?
The player at the top of the table above, which updates every few minutes.
When is the Heisman Trophy awarded?
In December, at a ceremony in New York, after the conference championship games.
Where can I trade Heisman odds?
Kalshi currently lists the main Heisman market. Polymarket sometimes lists one too; the table shows both when they’re available.

Related: College Football Playoff odds · NFL MVP odds · NFL markets