The 2011 Heisman Trophy will be awarded Saturday night in New York City and Stanford Cardinal quarterback Andrew Luck is an underdog in the betting odds for the first time to walk away with college football's most prestigious individual award.
Luck will be joined by Montee Ball, Robert Griffin III, Tyrann Mathieu and Trent Richardson as finalists to walk away with the famous bronze trophy.
Let's take a closer look at the betting market for this weekend's ceremony inside the Best Buy Theatre in Times Square.
The LSU Tigers will be represented in the Heisman Trophy presentation for the first time since the 1977 season, as sophomore cornerback and special teams' star Tyrann Mathieu was named a finalist Monday.
He will be the first defensive back to attend the ceremony since Michigan's Charles Woodson walked away with the award in 1997.
Mathieu is the longest shot on the board.
Wisconsin Badgers running back Montee Ball got some great news on his 21st birthday, as he was named a Heisman Trophy finalist.
He has already been named Big Ten Offensive Player of the Year, while also winning the conferences first-ever Ameche-Dayne Running Back of the Year Award.
Ron Dayne and Alan Ameche both won the hardware during their careers in Madison.
Ball led the country with 38 touchdowns this season, sitting one shy of Oklahoma State running back Barry Sanders' record in 1988.
Stanford Cardinal quarterback Andrew Luck has been the clear favorite to walk away with the 2011 Heisman Trophy all year, but the betting odds have changed drastically over the last week.
The Pac-12's Offensive Player of the Year for a second consecutive season is the third-choice currently, which would be a spot below where he finished in the balloting a year ago behind Auburn Tigers signal-caller Cam Newton.
He managed to complete 70 percent of his passes and threw for 3,170 yards and 35 touchdowns.
It looks like he might have to settle on being the No. 1 pick in next year's NFL draft.
Trent Richardson seemed to have all the momentum just two days ago in this category, with the Alabama Crimson Tide holding onto the No. 2 spot in the BCS standings and earning a spot in the BCS National Championship Game.
Things have changed quickly.
The junior running back was just named the Associated Press SEC Offensive Player of the Year, rushing for 1,583 yards and 20 touchdowns this season, pacing all players in the conference in averaging 131.9 yards on the ground per game.
He's certainly in the mix, but the betting odds have taken a tumble in the last 36 hours.
Baylor Bears quarterback Robert Griffin III will enter the bowl season already holding the school record for most passing yards (3,998) during a single season, while also tossing an amazing 36 touchdowns versus just six interceptions.
He's definitely no one-hit wonder to the fans in Waco, Texas, being one of just three players in FBS history to account for 10,000 career passing yards and 2,000 rushing yards.
A heavy favorite to walk away with the hardware.