2024 Heisman Trophy odds: Oregon’s Dillon Gabriel new favorite, jumps Beck

College Football

Updated Aug. 27, 2024 8:31 a.m. ET

The 2024 college football season is officially underway now that Week 0 is in the books.

And there are already a few changes in the Heisman Trophy odds — most notably, at the top of the board.

Oregon quarterback Dillon Gabriel is now the lone favorite to win the Heisman. His odds have jumped to +600 from +800 over the last week, putting him ahead of Georgia quarterback Carson Beck, who now sits second at +800.

Texas QB Quinn Ewers opened as the betting favorite, but he’s now third at +1200.

Will one of the names at the top of the board entering the season win the award, or will we see a long-shot winner?

Let’s dive into the latest odds at DraftKings Sportsbook.

2024 HEISMAN TROPHY ODDS: *

Dillon Gabriel, Oregon: +600 (bet $10 to win $70 total)

Carson Beck, Georgia: +800 (bet $10 to win $90 total)

Quinn Ewers, Texas: +1200 (bet $10 to win $130 total)

Jaxson Dart, Ole Miss: +1400 (bet $10 to win $150 total)

Jalen Milroe, Alabama: +1400 (bet $10 to win $150 total)

Will Howard, Ohio State: +1500 (bet $10 to win $160 total)

Nico Iamaleava, Tennessee: +1500 (bet $10 to win $160 total)

Cam Ward, Miami (Fla.): +1500 (bet $10 to win $160 total)

Riley Leonard, Notre Dame: +2200 (bet $10 to win $230 total)

Garrett Nussmeier, LSU: +2200 (bet $10 to win $230 total)

Avery Johnson, Kansas State: +2500 (bet $10 to win $260 total)

Conner Weigman, Texas A&M: +3000 (bet $10 to win $310 total)

Shedeur Sanders, Colorado: +3500 (bet $10 to win $360 total)

Miller Moss, USC: +3500 (bet $10 to win $360 total)

Jalon Daniels, Kansas: +3500 (bet $10 to win $360 total)

Jackson Arnold, Oklahoma: +3500 (bet $10 to win $360 total)

Brady Cook, Missouri: +3500 (bet $10 to win $360 total)

Noah Fifita, Arizona: +4000 (bet $10 to win $410 total)

Cam Rising, Utah: +4000 (bet $10 to win $410 total)

Drew Allar, Penn State: +4500 (bet $10 to win $460 total)

Travis Hunter, Colorado: +5000 (bet $10 to win $510 total)

D.J. Uiagalelei, Florida State: +5000 (bet $10 to win $a10 total)

* odds as of 8/26/24

Gabriel is a sixth-year senior and is starting for an Oregon squad that’s among the favorites to win the national title in 2024.

He transferred to Eugene after throwing for 3,660 yards, 30 touchdowns and six interceptions to go with 12 rushing touchdowns at Oklahoma last season. He led the Sooners to a 9-3 record.

Ahead of its release, Gabriel was listed as the fourth-highest-rated quarterback in the highly anticipated “College Football 25” video game.

If you’re curious, two of the three quarterbacks rated above Gabriel in the game are Beck and Ewers.

CFB Preview: Heisman Trophy odds and best bets

Beck, the UGA signal-caller, helped lead his Dawgs to an undefeated regular season in 2023 and his odds have remained unchanged at +800 in the last week.

Last season, Beck and Georgia lost 27-24 to Alabama in the SEC title game, and their No. 6 ranking kept them out of the College Football Playoff.

The Bulldogs ended 2023 with a lopsided 63-3 victory over FSU in the Orange Bowl, and Beck finished the season with 3,941 passing yards and 24 touchdowns.

Third on the board is the Longhorns’ Ewers, whose odds recently lengthened to +1200 from +950.

Ewers finished last season with 3,479 passing yards and 22 touchdowns. He and his squad got into the playoff committee’s final four but lost 37-31 to Washington in the Sugar Bowl semifinal.

Further down the board is Colorado’s Shedeur Sanders, whose odds have held steady at +3500 since early July.

For the Buffaloes last year, he threw for 3,230 yards, 27 touchdowns and three interceptions last year.

FOX Sports national college football analyst RJ Young ranked Sanders No. 1 in his ultimate CFB superstars list and wrote: “In addition to his outstanding playmaking ability, Sanders is also the most popular player in the sport. He became Fanatics’ top-selling college football player in the name, image and likeness era, despite Colorado going 4-8 last year. He also has the participation of his father and Colorado head coach, Deion “Coach Prime” Sanders.”

Check out insight from our betting expert, Sammy P:

Watch Noah Fifita and Cam Rising

January is for mining value in the Heisman market. I’m not betting on any of the favorites now because those prices will mostly hold steady through the summer.

I’m interested in two longer shots: Noah Fifita (+2000 at time of pick, currently +4000) and Cam Rising (+7000 at time of pick, currently +4000).

It’s undoubtedly Fifita’s show in Tucson going forward, and he has a stable of talented wideouts, led by sophomore Tetairoa McMillan.

Meanwhile, Rising is a longer shot with legs. He threw for 3,000 yards and accounted for 32 touchdowns two seasons ago, but missed all of 2023 after tearing his ACL in the Rose Bowl.

Utah should be favored in its first six games and if Rising puts up numbers, those 60- and 70-1 odds will evaporate.

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Stay tuned to FOX Sports as the odds continue to shift in the 2024 Heisman race!