Latest Heisman Trophy 2026 Odds as Keelon Russell Rises, Kamario Taylor Falls

Alabama quarterback Keelon Russell became the betting favorite to win the 2026 Heisman Trophy following an impressive performance in the No. 7 Crimson Tide's 56-23 road win over the No. 16 Mississippi State Bulldogs on Saturday.

Russell nudged past Ohio State wide receiver Jeremiah Smith to become the new favorite. Here is where things currently stand regarding the Heisman odds, courtesy of FanDuel Sportsbook:

• Keelon Russell, QB, Alabama: +350
• Jeremiah Smith, WR, Ohio State: +360
• Darian Mensah, QB, Miami (Fla.): +500
• CJ Carr, QB, Notre Dame: +700
• Trinidad Chambliss, QB, Ole Miss: +1100
• Jadan Baugh, RB, Florida: +1300
• Kamario Taylor, QB, Mississippi State: +3000
• Julian Sayin, QB, Ohio State: +3000
• Arch Manning, QB, Texas: +3000
• Malachi Toney, WR, Miami (Fla.): +3000
• Gunner Stockton, QB, Georgia: +3000
• Drew Mestemaker, QB, Oklahoma State: +3500

Russell turned in another dominant performance on Saturday, going 16-of-22 for 285 yards with three touchdowns and no interceptions, while also rushing for 16 yards and a touchdown.

Alabama Crimson Tide - Mississippi State Bulldogs Highlights

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The sophomore signal-caller has Bama off to a 5-0 start, and he has been especially strong over the past three games, which saw the Tide beat Florida State, South Carolina and Mississippi State.

Per Bryan Fischer of Sports Illustrated, Russell has been nearly perfect during that stretch, accounting for 13 total touchdowns and no interceptions:

While Russell strengthened his Heisman case Saturday, Mississippi State quarterback Kamario Taylor saw his take a hit.

Taylor entered Saturday's contest having thrown 14 touchdown passes and just two interceptions on the season. In the loss to Alabama, he managed to throw for 258 yards and another three scores, but he was picked off twice, including a pick-six.

There is a clear separation in the Heisman race with four players at 7-1 odds or better and six at 13-1 or better. After Florida running back Jadan Baugh at 13-1, the next closest players sit at 30-1.

Russell may indeed be the player to beat for the Heisman right now, but he has some tough competition.

Smith entered play Saturday with a remarkable 33 receptions for 617 yards and seven touchdowns through just four games, while Darian Mensah and CJ Carr have led their teams to undefeated starts and look like national title contenders.