Bo Nix Becomes Heavy Favorite in Heisman Odds After Week 11

• Oregon quarterback Bo Nix is now the Heisman Trophy favorite
• Nix overtook Michael Penix Jr. after torching the USC secondary in Week 11
• Read below for the updated Heisman odds, plus Nix’s true chances of winning

The Heisman race continues to be one of the most fascinating storylines of the 2023 college football season, as Oregon quarterback Bo Nix is the new betting favorite following Week 11. Nix torched the USC defense on Saturday to vault him atop the Heisman odds.

Washington pivot Michael Penix Jr. slid to second in the odds despite winning against Utah, while Ohio State’s Marvin Harrison Jr. has entered the top-three favorites after going off against Michigan State.

Let’s look at the latest Heisman odds and analyze Bo Nix’s chances of winning.

Heisman Odds

Oregon quarterback Bo Nix is the -150 favorite in the updated Heisman odds, meaning he has 60% implied probability of winning the college football MVP trophy.

Washington pivot Michael Penix Jr. is the second favorite in the latest Heisman futures at +250, meaning he has 29% implied win probability. Ohio State wide receiver Marin Harirson Jr. rounds out the top-three Heisman favorites at +500 (17% chance).

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Odds as of November 12th at FanDuel Sportsbook. Check out the FanDuel promo for November to make a Heisman bet while there’s still time remaining.

Bo Nix Now Favored in Heisman Odds

Oregon quarterback Bo Nix is the new Heisman Trophy favorite at top North American sportsbooks following Week 11 of the 2023 college football season. After Nix went off against USC on Saturday, FanDuel & DraftKings both shortened Nix’s Heisman odds from +160 to around -150.

BO NIX IS THE NEW HEISMAN FAVORITE 🚨

Oregon QB has surpassed Michael Penix Jr. after throwing 3 touchdowns in the first half vs USC pic.twitter.com/kAdXm9fJg1

— DraftKings Sportsbook (@DKSportsbook) November 12, 2023

Nix completed 22 of 29 passes for 402 yards and four touchdowns in a 36-27 Oregon victory. The senior’s first two throws in the game were both 75+ yards TD passes, making him the first FBS player since 2012 to accomplish the unique feat.

On the season, Nix has thrown for 3,127 yards, 29 touchdowns and just two interceptions, while also rushing for five touchdowns. His completion percentage of 78.3% leads the nation.

Will Bo Nix Win The Heisman?

Bo Nix’s path to winning the Heisman Trophy isn’t too hard too difficult to figure out. He’s on a collision course with Washington’s Michael Penix Jr. to faceoff the Pac-12 Title game, and he’ll need to outduel the Washington pivot to win the trophy.

FanDuel has posted the line for the PAC-12 title game if it is Oregon-Washington.

They have the Ducks -6.5 as almost touchdown favorites of the team who beat them earlier this year. Thoughts? pic.twitter.com/5iBcInEfDO

— Mike Black (@MichaelBlack_FB) November 10, 2023

We strongly believe one of these two quarterbacks will win the trophy, as they both have eye-popping stats and a great story. OSU’s Marvin Harrison is making a late push, but the issue is he’s had multiple underwhelming showings in which he was held to under 35 yards on each occasion.

Nix’s consistency has been a key factor in his Heisman campaign, as he’s yet to have a poor statistical game. His “worst” game was 293 yards and 2 TD performance vs WSU. Nix has established himself as an elite QB this season and will win the Heisman if he leads the Ducks to the Pac-12 conference title.