Latest Heisman Trophy 2026 Odds as CJ Carr Rises, Jeremiah Smith Falls

The injury that likely ended Ohio State quarterback Julian Sayin's regular season may have also impacted wide receiver Jeremiah Smith's Heisman Trophy hopes.

Smith is no longer the Heisman betting favorite after the Buckeyes lost at USC during their first game without Sayin, according to FanDuel Sportsbook.

Here's a look at the current Heisman betting odds as Week 10 continues this Saturday.

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2026 Heisman Trophy Odds

Odds via FanDuel Sportsbook

• Darian Mensah, QB, Miami: +135
• CJ Carr, QB, Notre Dame: +280
• Trinidad Chambliss, QB, Ole Miss: +650
• Jeremiah Smith, WR, Ohio State: +750
• Devon Dampier, QB, Utah: +1600
• Keelon Russell, QB, Alabama: +2200
• Drew Mestemaker, QB, Oklahoma State: +3500
• Gunner Stockton, QB, Georgia: +3500
• LaNorris Sellers, QB, South Carolina: +5500
• Nate Sheppard, RB, Duke: +5500
• Jesse Legree, WR, Oregon State: +8000
• Jayden Maiava, QB, USC: +12500

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Smith has not recorded more than 100 receiving yards in a single game since Week 5 of Ohio State's season. He connected with true freshman Luke Fahey for 10 catches and 83 yards with a touchdown Halloween night at USC.

Smith's drop down the list of betting favorites makes it more likely it will be a quarterback favorited to be honored as the top player in college football this winter.

Utah's Devon Dampier recently improved his betting odds as BYU's Bear Bachmeier's Heisman chances took a hit following No. 3 Utah's 28-20 victory over visiting No. 9 BYU.

A Saturday night matchup between No. 1 Miami and host No. 11 Notre Dame could impact whether Darian Mensah or CJ Carr sits atop the betting odds rankings heading into next week.

No. 10 Ole Miss will also host No. 2 Georgia in a Saturday game that could shape where Trinidad Chambliss and Gunner Stockton land in next week's rankings.

Both Tuesday's update of the College Football Playoff selection committee rankings and the next round of Heisman betting odds could look different by the time these key matchups wrap up Saturday night.