Heisman Trophy odds
Live pricing · Last reviewed 2026-09-18
● Live on Polymarket
Heisman Trophy odds
How to read this board
Each percentage is the last traded price on that outcome, expressed as an implied probability. A line at 18% means the market is paying roughly 18¢ for a contract that settles at $1 if the outcome happens. The daily change column shows how far the price has moved in the past 24 hours — big moves usually follow injury news, results, or rankings.
Percentages across a full field typically sum to slightly more than 100%. That excess is the spread the order book charges for liquidity, and it is the main hidden cost of trading a crowded market.
Where to trade these markets
18+ Only. Restrictions and eligibility requirements apply. Not available in all jurisdictions. Trading is risky. 100% loss can occur. See polymarket.com/tos for more information. The Polymarket US App serves as an independent software provider and affiliate of Polymarket US and Polymarket Clearing, the CFTC-regulated exchange and clearing organization.
18+ only. New traders only. Offer terms are set by ProphetX and may change. Event contract trading involves risk, including loss of the funds you commit. ProphetX is a CFTC-regulated designated contract market and derivatives clearing organization. Not available in all states.
Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.
Related
Frequently asked questions
Where do these heisman trophy odds come from?
Directly from the Polymarket order book. Each percentage is the last traded price on that outcome, which is the market's implied probability of the event happening.
How often do the numbers update?
The board refetches live prices each time the page loads and caches them briefly, so you are always seeing pricing from within the last few minutes of trading.
Are implied probabilities the same as odds?
A contract trading at 25¢ implies a 25% chance and settles at $1 if the outcome happens, so the price is the probability — before fees and spread.
Can I trade this market from a US state?
Polymarket's US app is available in most states and DC, and Kalshi lists comparable markets on a CFTC-regulated exchange. Check the state pages on this site before depositing.
Sources & further reading
- CFTC — Event contracts explainedU.S. Commodity Futures Trading Commission
- Kalshi — how prices and settlement workKalshi
- UMA Optimistic Oracle documentationUMA Protocol
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