2024 Heisman Race: Latest Odds & Best Value Bet | October 6, 2024

Colby Marchio

Written by: Colby Marchio

Last Update: Sun Jan 19, 2025, 10:47 pm ET

Read Time: 4 minutes

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Jalen Milroe's Heisman chances took a major hit after Alabama's shocking loss to Vanderbilt, and his stock has plummeted. But with the second-year starter still putting up impressive numbers and key matchups ahead, there's serious value in backing Milroe now. Let's dive into why this 11/1 prop could be a steal despite last week's setback.

2024 Heisman Race Current Odds & Value Bet

Alabama quarterback Jalen Milroe against Georgia Week 5

The following 2024 NCAAF Heisman Trophy odds are courtesy of BetOnline as of Monday, Sept. 30 at 10:25 a.m. ET. 

  • Ashton Jeanty, BOISE (+200)
  • Travis Hunter, COL (+300)
  • Cam Ward, MIA (+525)
  • Jalen Milroe, BAMA (+1100)
  • Dillon Gabriel, ORE (+1400)
  • Cade Klubnick, CLEM (+1400)
  • Quinn Ewers, TEX (+2000)
  • Carson Beck, UGA (+2500)
  • Nico Imaleava, TEN (+2500)
  • Jaxson Dart, MISS (+2500)

Get 50% up to $1,000 on your Heisman Trophy picks today at BetOnline

Value Heisman Trophy Winner

Now more than ever, there's value in taking Alabama's quarterback Jalen Milroe to win the Heisman Trophy. After the Crimson Tide's embarrassing 40-35 loss to Vanderbilt, Milroe's stock dropped drastically. Last week, his odds fell to +200 during their big win over Georgia, but now you can get the second-year starter at 11/1 to win it all. Before the season started, this prop was sitting at 12/1, so if you still believe in Milroe and Alabama, now's the time to buy in.

The Crimson Tide have a tough road ahead, starting with South Carolina next week. Then they face #8 Tennessee, #21 Missouri, #13 LSU in Baton Rouge, #18 Oklahoma in Norman, and close out the season by hosting Auburn. Milroe will have more meaningful matchups than his competition. Boise State's running back Aston Jeanty (+200), Colorado's Travis Hunter (+300), and Miami's quarterback Cam Ward (+525) just don't face the same level of competition. Sorry, but playing Cincinnati isn't like playing Tennessee, and playing Hawaii isn't like playing LSU. The SEC is still the toughest place to play.

Even with Alabama's letdown after beating Georgia, Milroe is putting up fantastic numbers: over 1,200 passing yards, completing 73.4% of his passes, nearly 300 rushing yards, and 20 total touchdowns. He's more in this Heisman race than the odds suggest. Does Alabama need to run the table to close out the season? Probably, but getting Milroe at 11/1 to take home the hardware is well worth the squeeze.

2024 Heisman Trophy Winner: Jalen Milroe (+1100)

Get 50% up to $1,000 on your 2024 NCAAF futures picks today at BetOnline

Still Here? How to Bet on NCAA College Football

Are you looking to stay locked into the 2024 Heisman Trophy race? Want to wager on individual NCAAF games instead? Betting News has your college football needs covered in spades.

We have many NCAAF betting resources, ranging from weekly game odds and betting predictions to expert picks. You can find them below to help you get started:

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Colby Marchio
Colby Marchio

Former D1 (club) baseball player, Colby has been betting since his college days at DePaul, where he had to endure the worst collegiate basketball the Big East has ever seen. He is an advanced analytics nerd and has never seen an underdog he has not liked. Hot. Corn. Bull. It does not matter the dog he loves them all.

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