Heisman Odds After Week 11: Jeremiah Smith Retakes the Lead, CJ Carr Slides

• Jeremiah Smith leads the Week 11 Heisman odds after breaking the Big Ten receiving yards record
• Devon Dampier passed former Heisman favorite CJ Carr with four touchdowns at Arizona
• See the updated Heisman odds and predictions below

Jeremiah Smith is back atop the Heisman Trophy odds after Ohio State’s win over Northwestern. With starter Julian Sayin injured, Smith accounted for 117 of backup Luke Fahey’s 201 passing yards.

Darian Mensah threw for 382 yards against Duke, but his price at BetMGM held steady. The Miami quarterback is still Smith’s closest challenger.

Utah’s Devon Dampier moved ahead of last week’s favorite, CJ Carr, after rushing for 100 yards in a one-point win over Arizona. Here are the updated Heisman odds after Week 11 and where I see value in the race.

Updated Heisman Odds After Week 11

Heisman odds from BetMGM as of November 15. See the BetMGM promo code page and the best college football betting apps.

Why Jeremiah Smith Is the Heisman Trophy Favorite Again

Smith was +400 at BetMGM last week. At -182, his implied chance of winning the Heisman has climbed from 20% to nearly 65%. The play that best explains the move came in the first quarter against Northwestern. A 22-yard catch took him past Purdue’s John Standeford for the most career receiving yards in Big Ten history.

The Undisputed King 👑

Jeremiah Smith officially holds the all-time Big Ten receiving yards record… and is still counting!

📺 @CFBONFOX pic.twitter.com/p27FmUukon

— Big Ten Conference (@bigten) November 14, 2026

What impressed me was how often freshman Luke Fahey went back to Smith with starter Julian Sayin injured. Smith caught 11 of Fahey’s 21 completions and accounted for 117 of his 201 passing yards. In the fourth quarter they connected again, this time for a 10-yard touchdown that put Ohio State up 28-13 in a game it won 28-19.

That was Smith’s 42nd career touchdown catch, extending his Big Ten record. He also became the first Buckeye with three 1,000-yard receiving seasons. Voters already knew what he could do with Sayin. Saturday showed how much of this offense still runs through him when the quarterback changes.

CJ Carr’s Heisman Odds Slide After Notre Dame’s Win

Last week, Carr was the Heisman favorite after beating Miami. Notre Dame won again, 41-7 over Boston College, but his odds fell from +120 to +1000. That’s a drop from roughly 45% to 9% implied.

Carr completed 20 of 28 passes for 217 yards, two touchdowns and an interception. It was plenty for the Irish. It also left voters with fewer reasons to single him out than they had after his 319 yards and three scores against Mensah’s Hurricanes.

Darian Mensah’s Heisman Odds Hold at +350

Mensah gets the same +350 Heisman odds as last week after throwing for 382 yards against his former team. He completed 30 of 41 passes without an interception. His lone touchdown pass illustrates why the yardage and scoring totals tell different stories: Javian Mallory took a short throw 63 yards for the score.

MALLORY HOUSE CALL 📲🤯

📺: ABC pic.twitter.com/QRLZKwLODw

— Miami Hurricanes Football (@CanesFootball) November 14, 2026

Miami finished with 532 yards against a Duke defense that had been allowing about 282 per game. Mallory scored three times in the 36-25 win, so Mensah shared the headlines even as the Hurricanes improved to 9-1. Unlike Smith and Dampier, he’s still available at last week’s price.

Devon Dampier’s Heisman Odds Shorten as Drew Mestemaker Slips

Dampier made the biggest move among the quarterbacks near the top. His Heisman odds shortened from +1500 to +500 after Utah beat Arizona 40-39. He threw for 204 yards and two touchdowns, then added 100 yards and two more scores on 14 carries. The Utes needed both sides of his game to stay unbeaten.

Earlier in the week, Dampier spoke with the Heisman Trophy’s Chris Huston about staying at Utah through a coaching change and what it would mean to represent his teammates at the ceremony.

Dampier now has a 16.7% implied chance, up from 6.25% last week. Oklahoma State’s Drew Mestemaker went the other way, from +2000 to +3000. He threw for 277 yards and scored twice in a 52-27 loss to Texas Tech, but the Red Raiders picked him off twice.

Week 11 Heisman Prediction: Where Is the Best Value?

Smith is my front-runner. Ohio State’s backup quarterback leaned on him for more than half his passing yards Saturday, and that 42nd touchdown is a number voters will remember. The tougher call is whether to lay -182 when two quarterbacks on teams with a combined one loss are still within reach.

At these prices, I prefer Darian Mensah +350 at BetMGM. He needs to win this race a little more than 22% of the time to justify the bet. I like that price for the quarterback of a 9-1 Miami team that’s still unbeaten in ACC play. Dampier also has a path, but a four-touchdown road win has already cut his payout from 15-to-1 to 5-to-1.