Heisman Trophy

Heisman odds 2026

CJ Carr leads the 2026 Heisman market at a 12% consensus fair value. Live, de-vigged Kalshi prices for the full field are below.

KalshiAs of August 8, 2026

Key takeaways

Heisman consensus fair value, top 10

CJ Carr12%

Arch Manning11%

Darian Mensah7.7%

Trinidad Chambliss6.2%

Julian Sayin6.2%

John Mateer5.3%

Josh Hoover5.3%

Dante Moore5.3%

Sam Leavitt3.8%

Marcel Reed3.8%

Full Heisman field

#	Player	Odds	Best price
1	CJ Carr	12%	13%
2	Arch Manning	11%	12%
3	Darian Mensah	7.7%	8%
4	Trinidad Chambliss	6.2%	7%
5	Julian Sayin	6.2%	7%
6	John Mateer	5.3%	6%
7	Josh Hoover	5.3%	6%
8	Dante Moore	5.3%	6%
9	Sam Leavitt	3.8%	4%
10	Marcel Reed	3.8%	4%
11	Jeremiah Smith	3.3%	4%
12	Jayden Maiava	3.3%	4%
13	Gunner Stockton	3.3%	4%
14	Will Hammond	2.4%	3%
15	Keelon Russell	2.4%	3%
16	Malachi Toney	2.4%	3%
17	Kevin Jennings	1.4%	2%
18	Rocco Becht	1.4%	2%
19	Byrum Brown	1.4%	2%
20	Bryce Underwood	1.4%	2%
21	Demond Williams Jr.	1.4%	2%
22	LaNorris Sellers	1.4%	2%
23	Jaron-Keawe Sagapolutele	1.4%	2%
24	Drew Mestemaker	1.4%	2%
25	Austin Mack	1%	1%
26	Brendan Sorsby	1%	1%
27	Kewan Lacy	1%	1%
28	Bo Jackson	1%	1%
29	Ahmad Hardy	1%	1%

CJ Carr is the favorite at a 12% consensus fair value, with the best price 13% on Kalshi, as of August 8, 2026.

They are real Kalshi market prices, de-vigged so the field sums to 100 percent. The result is a consensus implied probability for each candidate.

Heisman contracts are listed on Kalshi (code FADE). Polymarket and ProphetX carry other college football markets.