2023 Heisman Trophy best bets: Heisman picks, preview & odds

If you make a purchase after clicking on links within this article, Lee Enterprises may earn affiliate commissions. The news and editorial departments had no role in the creation or display of this content.

With the trophy presentation on Saturday in New York City, here's the latest 2023 Heisman Trophy odds update, including our Heisman picks, preview and best bets.

The finalists for this year’s Heisman Trophy are LSU's Jayden Daniels; Washington's Michael Penix Jr.; Oregon's Bo Nix and Ohio State's Marvin Harrison Jr. Harrison is the only non-quarterback on that list.

If you’re looking to make a bet on who will win this year’s award, you don’t only have to consider who you think will win — but also what their odds are. This guide will help you find all the value that is left in the 2023 Heisman Trophy odds so that you can make a savvy wager.

2023 Heisman Trophy odds update

At first glance, the 2023 Heisman Trophy odds do not look that great for wagering. LSU quarterback Jayden Daniels is a large favorite against the rest of the field. You would need to bet $1,400 just to win $100 on Daniels as your Heisman pick.

Nix and Harrison can pretty much be excluded from any serious Heisman Trophy debate. Barring an incredible upset in voting, they will not win the trophy this year. While they did have great seasons, they are not true contenders for the award.

Penix is the biggest threat to Daniels. The Washington quarterback put on a show this season (4,218 passing yards, 33 touchdowns) and has his team ready for the 2023-24 College Football Playoffs.

However, is it worth putting a bet on Penix?

Heisman Trophy best bets: Is Penix worth long-shot Heisman pick?

The Washington quarterback was one of the best players in college football this season, throwing for 33 touchdowns against nine interceptions. Washington did not lose a game all year and will now face Texas for the chance to go to the national championship game.

Yes, Penix is worth a long shot. He did too much on the field this season to be disrespected at his current odds. He led his team to an undefeated record and was the driving force behind their success.

If you’re feeling confident, feel free to sprinkle a little bit of money on Penix Jr. to win the Heisman Trophy. It might just pay off in a massive way.

2023 Heisman odds: Best college football betting apps & sites

The best U.S. betting apps and sites are offering up to $4,500 in bonuses to make your Heisman picks this week. 

You must be over 21 to play. Gambling Problem? Call 1-800-522-4700. 1-800 GAMBLER.

Catena Media provides exclusive sports betting content to FrontPageBets, including picks, analysis, tools and sportsbook offers to help bettors get in on the action. Please wager responsibly.

Noah Strang is a sports writer with plenty of experience in the iGaming space. He’s worked extensively in the sports betting niche and is an expert on all topics sports gambling. When not writing, you can find him watching whatever game is on TV.