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MARKET MOVERS 📈

October 12, 2023

The Heisman spotlight is in Seattle this week, with top contenders in Washington’s Michael Penix Jr. (+220, favorite) and Oregon’s Bo Nix (+500, third) squaring off. There is a more under-the-radar Heisman betting story 🔍, however, that has recently taken place.

When Heisman odds came back up on Monday after Week 6 was in the books, J.J. McCarthy’s odds were listed at +3000. Those were the highest odds for the Michigan QB at any point this season.

In the ensuing days, though, McCarthy has dropped considerably to +1000 😮. That now gives him the fifth-lowest Heisman odds, behind Penix Jr., Caleb Williams (+250), Nix and Dillon Gabriel (+700). For those curious, Michigan faces Indiana this Saturday and Michigan State next weekend.

To figure out the reason behind the huge shift, we called on trader Wyatt Satre.

ASK THE TRADER: We’ve started seeing good action on McCarthy last week and this week. He’s now the third-highest liability for Heisman behind Shedeur Sanders and Sam Hartman. Michigan having the second-lowest title odds and McCarthy still having showcase games against Penn State/Ohio State is what’s been driving the recent action.