Explaining Braxton Miller’s 10-1 Heisman Trophy Odds

COLUMBUS, Ohio — When Bovada released its latest odds for the Heisman Trophy via Odds Shark on Tuesday, one change in particular seemed to stand out above all others.

Only it wasn’t TCU’s Trevone Boykin overtaking Ohio State’s Ezekiel Elliott as the new Heisman front-runner that had the Twittersphere buzzing, but rather a shift in perception in college football’s most talked-about position battle.

After entering the offseason with 18-1 odds, Buckeyes quarterback Braxton Miller shot up Bovada’s board on Tuesday, now possessing 10-1 odds to win college football’s most coveted award. That gives Miller the third-best Heisman odds in the nation behind Boykin (6-1) and Elliott (7-1) with two months to go until the start of the 2015 season.

Perhaps more interestingly, however, Miller now possesses the best odds of any Ohio State quarterback to win the stiff-arm statue. For the first time this offseason, Miller’s Heisman Trophy odds are better than those of fellow Buckeye signal-callers Cardale Jones (20-1) and J.T. Barrett (25-1), both of whom saw drops in their perceived Heisman chances in Bovada’s latest update.

But perception isn’t always reality, and that line of logic applies here. While the initial takeaway from the latest Heisman Trophy odds for most fans may be that Miller is now the front-runner to be Ohio State’s starting quarterback this fall, the man who made them said that’s not necessarily the case.

“With the uncertainty still about…

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