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Lamar Jackson's Heisman Trophy odds set at 50/1

Christopher Hanewinckel-USA TODAY Sports

In Bovada's first updated Heisman Trophy odds since January, Lamar Jackson is on the board and given a very respectable 50/1 shot at winning the most storied individual honor in American sports.

Here are the updated Heisman odds:

Player                                              Odds on 1/19/16         Current Odds (6/30/16)

Leonard Fournette (RB LSU)                              5/1                                9/2

Deshaun Watson (QB Clemson)                         9/2                                5/1

Christian McCaffrey (RB Stanford)                     5/1                                11/2

JT Barrett (QB Ohio State)                                 10/1                              12/1

Dalvin Cook (RB Florida State)                          12/1                              12/1

Baker Mayfield (QB Oklahoma)                          10/1                              12/1

Nick Chubb (RB Georgia)                                   12/1                              16/1

Chad Kelly (QB Mississippi)                               12/1                              16/1

Josh Rosen (QB UCLA)                                     Off the Board                16/1

Royce Freeman (RB Oregon)                             12/1                              20/1

Bo Scarbrough (RB Alabama)                            Off the Board                20/1

Samaje Perine (RB Oklahoma)                           12/1                              25/1

Calvin Ridley (WR Alabama)                               12/1                              25/1

DeShone Kizer (QB Notre Dame)                        Off the Board                28/1

Jarrett Stidham (QB Baylor)                               Off the Board                28/1

Malik Zaire (QB Notre Dame)                              Off the Board                28/1

Joshua Dobbs (QB Tennessee)                          16/1                              33/1

Brad Kaaya (QB Miami)                                     25/1                              33/1

Lamar Jackson (QB Louisville)                           Off the Board                50/1

Trevor Knight (QB Texas A&M)                           Off the Board                50/1

Patrick Mahomes (QB Texas Tech)                     Off the Board                50/1