NCAA Football Heisman Trophy betting odds and Information at WagerWeb Sportsbook

In addition to incredible personal statistics, team achievements play a heavy role in the voting - a typical Heisman winner represents a team that had an outstanding season and was most likely in contention for the national championship at some point in that season. Further prestige is granted by experience - no freshmen or sophomores have ever won the award, and only a few juniors have held the bronze trophy; the rest have been seniors. Finally, the Heisman is frequently awarded to a running back or a quarterback; very few players have won the trophy playing at a different position.

Balloting for the Heisman is selective. The fifty states of the U.S. are split into six regions, and six regional representatives are selected to appoint voters in their states (the regions include the Far West, the Mid Atlantic, Mid West, North East, South, and South West). Each region has 145 media votes, for a total of 870 votes.

In addition, all previous Heisman winners may vote, and one final vote is counted through public balloting. The Heisman ballots contain a 3-2-1 point system, in which each ballot ranks the voter's top three players and awards them three points for a first-place vote, two points for a second-place vote, and one point for a third-place vote. The points are tabulated, and the player with the highest total of points across all ballots wins the Heisman Trophy.

The trophy serves in part as a representation of a collegiate player's chances in professional leagues, such as the NFL (to which many Heisman winners go after their collegiate careers). Most Heisman winners have amazingly high stock, and are considered among the absolute best players available on draft day in any given year. However, winning the Heisman Trophy does not guarantee future success at the NFL level.

The award was first presented in 1935 by the Downtown Athletic Club in Manhattan, New York, a privately owned recreation facility near the site of the former World Trade Center. The Club was forced to close its doors in 2002 due, in part, to financial troubles resulting from the 9/11 attacks. The award ceremony was subsequently hosted by the New York Marriott Marquis, the Yale Club, The Hilton New York and as of 2005 is held at the Nokia Theatre in Times Square. The award is presented independently from the annual College Football Awards ceremony (where most other related awards are presented). The Heisman Trophy's new home, the National Sports Museum, is expected to open in 2008.

Heisman Trophy winners and runners-up of the last 16 years

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