Updated College Football Heisman Odds: Shedeur Sanders Continues Rise, Now Biggest Liability

Shedeur Sanders is the biggest name in college football right now, but he's not the likeliest to win the Heisman.

That honor goes to last year's winner, USC's Caleb Williams.

Sanders opened the season at +12500 to win the Heisman at BetMGM; he's down to +1800 through three games this season.

How good has Sanders been since making the jump from FCS to Power Five? Sanders is second in college football in passing yards with 1,250 yards. He's thrown 10 touchdowns and one interception. Sanders also has a 78.7% completion percentage, which is the fifth-highest in the nation.

Sanders is the biggest liability at BetMGM with 20.3% of the bets and 20.5% of the handle.

The second-biggest liability is his teammate Travis Hunter. Hunter was taken off the board after suffering an injury against Colorado State last week.

Hunter and Sanders have been the biggest liabilities at sportsbooks since Week 2.

The quarterback who has put up the best numbers through three games this season is Washington's Michael Penix Jr. He's thrown for 1,332 yards, 12 touchdowns and one interception.

Penix is down to +500 to win the Heisman at BetMGM, which are the second-highest odds behind Williams.

Numbers can be deceiving when it comes to Williams. Last year's Heisman Trophy winner has thrown for 878 yards, 12 touchdowns and zero interceptions. Although his passing yards aren't as high as Sanders and Penix, he hasn't been playing full games, as USC has blown out its opponents so far.

Williams will get his opportunity to shine when USC faces Colorado in two weeks.

The Heisman Trophy has been as much about hype and attention as it is about putting up numbers. Sanders has generated by far the most hype and attention. Colorado has been playing in the most-watched football game each of the first three weeks, and that's not likely to change with the Buffs having Oregon and USC coming up on their schedule.

There's still a long way to go before the ceremony in New York, but it appears the Heisman is likely to stay in the Pac-12.

*Odds courtesy of BetMGM as of September 19.