Week 1 of the college football season is in the books, and we saw numerous players either help or hurt their odds of winning the Heisman Trophy. Florida QB Anthony Richardson was one of the biggest risers after passing for 168 yards and running for 108 yards and three TDs in Florida's 29-26 win over Utah. Conversely, Ohio State WR Jaxon Smith-Njigba was one of the biggest fallers after he exited during the first quarter against Notre Dame with a hamstring injury.
While it's worthwhile to note how the market has shifted, it's never a wise idea to overreact to a team's first game of the season, as there's a ton of time for the odds to continue shifting.
Below, we’ll break down the betting favorite, a sleeper, and a long shot to watch throughout the season in the Heisman betting markets.
MORE COLLEGE FOOTBALL BETTING: Week 2 ATS Picks
Heisman Trophy Odds 2022: Top 50 after Week 1
All odds courtesy of Caesars Sportsbook
| Player | School | Odds |
| Bryce Young | Alabama | +260 |
| C.J. Stroud | Ohio State | +350 |
| Caleb Williams | Southern California | +700 |
| Will Anderson | Alabama | +2000 |
| Anthony Richardson | Florida | +2000 |
| Stetson Bennett | Georgia | +2200 |
| Dillon Gabriel | Oklahoma | +2800 |
| TreVeyon Henderson | Ohio State | +3000 |
| DJ Uiagalelei | Clemson | +3000 |
| Bijan Robinson | Texas | +3000 |
| Tyler Van Dyke | Miami | +3500 |
| Jahmyr Gibbs | Alabama | +4000 |
| Quinn Ewers | Texas | +4000 |
| Will Shipley | Clemson | +5000 |
| Hendon Hooker | Tennessee | +5000 |
| Spencer Rattler | South Carolina | +5000 |
| Braelon Allen | Wisconsin | +5000 |
| Haynes King | Texas A&M | +5000 |
| Spencer Sanders | Oklahoma State | +6000 |
| Jordan Addison | Southern California | +6000 |
| KJ Jefferson | Arkansas | +6000 |
| JaCorey Brooks | Alabama | +7500 |
| Will Levis | Kentucky | +7500 |
| Dorian Thompson-Robinson | UCLA | +7500 |
| Jaxon Smith-Njigba | Ohio State | +7500 |
| Drake Maye | North Carolina | +7500 |
| Sam Hartman | Wake Forest | +7500 |
| JJ McCarthy | Michigan | +7500 |
| Jaxson Dart | Ole Miss | +7500 |
| Kedon Slovis | Pittsburgh | +7500 |
| Michael Penix Jr. | Washington | +10000 |
| Grayson McCall | Coastal Carolina | +10000 |
| Will Rogers | Mississippi State | +10000 |
| Jake Haener | Fresno State | +10000 |
| Cameron Rising | Utah | +10000 |
| Blake Corum | Michigan | +10000 |
| Xavier Worthy | Texas | +10000 |
| Jordan Travis | Florida State | +10000 |
| Devin Achane | Texas A&M | +10000 |
| Taulia Tagovailoa | Maryland | +10000 |
| Deuce Vaughn | Kansas State | +10000 |
| Brennan Armstrong | Virginia | +10000 |
| Jayden Daniels | LSU | +10000 |
| Devin Leary | N.C. State | +10000 |
| Agiye Hall | Texas | +10000 |
| Jaren Hall | BYU | +10000 |
| Tank Bigsby | Auburn | +10000 |
| Zach Charbonnet | UCLA | +12500 |
| Arik Gilbert | Georgia | +12500 |
| Travis Dye | USC | +12500 |
Heisman Trophy odds 2022: Favorite
Bryce Young, QB, Alabama +260 (implied probability 27.78 percent)
Young overtook C.J. Stroud as the new odds-on favorite to win the Heisman Trophy following his six TD (five passing, one rushing) showing in Alabama's 55-0 blowout win over Utah State. Young has a real chance to repeat as Heisman winner given his offensive line can continue to hold up in pass protection and the Crimson Tide run the table in the SEC West.
There's a shot his odds get even shorter with a big performance against Texas this Saturday. Another effective performance during a nationally televised game will likely result in bettors getting more action down on a Heisman repeat.
Heisman Trophy odds 2022: Sleeper
Stetson Bennett, QB, Georgia +2200 (implied probability 4.35 percent)
Like Richardson, Bennett was one of the biggest risers after his near flawless performance in Georgia's 49-3 win over Oregon. While the defense did their part, Georgia's offense was the more impressive overall unit, and with the Bulldogs likely to run through the SEC East for a second straight season, Bennett has a chance to get an invitation to New York City.
Bettors certainly aren't getting the best of the number wagering on Bennett to win the Heisman after Week 1, but his odds are more than likely going to shorten. It wouldn't be surprising to see him listed around 15-1 in the near future.
Other sleepers to consider: Dillon Gabriel (+2800), Hendon Hooker (+5000)
Heisman Trophy odds 2022: Long shot
Drake Maye, QB, North Carolina +7500 (implied probability 1.32 percent)
After losing three-year starting QB Sam Howell to the NFL, Maye's made for a smooth transition at quarterback for the Tar Heels. Through two weeks, Maye's completed 53-of-72 passes for 646 yards and nine TDs, failing to commit a turnover. Maye's also complied a 137.7 passer rating and has been beyond efficient on throws of 20-plus yards, completing 7-of-12 passes for 180 yards and four TDs.
If UNC's able to make a run in the ACC Coastal division, Maye will continue to climb up the odds board.
Other long shots to consider: Jaxon Smith-Njigba (+7500), Deuce Vaughn (+10000)
