Caleb Williams Widens Odds Gap as Heisman Trophy Favorite

  • Caleb Williams’ six-touchdown performance in Week 5 shortened his Heisman odds to +140.
  • Michael Penix Jr. was favored prior to Week 5 but now has +475 odds to win the 2023 Heisman Trophy.
  • Bo Nix has the third-shortest odds at +525 after a four-touchdown second half in Week 5.

LOS ANGELES – USC Trojans quarterback Caleb Williams has +140 odds to win back-to-back Heisman Trophy awards in 2023. Williams returned as the Heisman Trophy betting favorite after throwing six touchdown passes against the Colorado Buffaloes.

Entering Week 5, Michael Penix Jr. was the favorite at online sportsbooks to win the 2023 Heisman Trophy with his FBS-leading 16 passing touchdowns. It took one game to propel 2022 Heisman winner Caleb Williams to a five-touchdown lead over Penix Jr.

2023 Heisman Trophy Odds

  • Caleb Williams +140
  • Michael Penix Jr. +475
  • Bo Nix +525
  • Quinn Ewers +950
  • Jordan Travis +1500
  • Dillon Gabriel +1800
  • Jayden Daniels +2800
  • J.J. McCarthy +3500
  • Kyle McCord +3500
  • Sam Hartman +3500

Penix Jr. shredded the Arizona Wildcats defense with a 30/40 and 363 passing yards stat line but had zero touchdowns. The Washington Huskies had four rushing touchdowns -all for five yards or less– damaging Penix Jr.’s odds at CFB online sportsbooks to win the Heisman.

Meanwhile, Caleb Williams had 403 passing yards and tossed six touchdown passes against Colorado. Williams trails Penix Jr. by nearly 400 passing yards but has five more touchdowns than the Washington quarterback.

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Williams currently has an edge at California sportsbooks, but Penix Jr.’s FBS-leading passing yards gives his +475 Heisman odds value.

No. 7 Washington Vs No. 8 Oregon Impacts Heisman Race

Michael Penix Jr. and the Washington Huskies host fellow Heisman candidate Bo Nix and his Oregon Ducks squad in Week 6. Penix Jr.’s Heisman odds at Washington online sportsbooks could shorten with another dominant performance against a top-10 team.

Bo Nix slightly trails Penix Jr. in Heisman odds at +525. Similar to Penix Jr., a big performance against a top-10 opponent would influence Oregon sports betting sites to favor Nix’s odds to win the 2023 Heisman Trophy.