Reid was one of the top quarterback prospects in the country when he started his senior year at North Shore Senior High School, Reid was a dual threat quarterback who led his team to an unbeaten championship season and the Class 5A Division I Championship. He ran for three touchdowns in the 23-7 championship win over The Woodlands and threw a long pass to set up one of his touchdown runs.
In his senior year he accounted for 38 touchdowns, 22 passing and 16 rushing, and a combined 2,650 yards.
Reid was named the Houston Touchdown Club’s Offensive Player of the Year, and was named the all-Greater Houston, all-district and the district's Most Valuable Player. He was named to both the national and Texas Top 100 recruiting lists, and attended the prestigious Elite 11 Quarterback Camp in California.
Reid sat out his red-shirt year in 2004 after breaking his shoulder in practice, but started five games as a red-shirt freshman the following autumn until a mid-season injury.
He finished 2005 with 602 yards on 52 of 108 passing with two touchdowns and four interceptions. He also had 61 carries for 139 yards rushing and five receptions for 24 yards.
Reid played in all of Oklahoma State's 2006 games in which the Cowboys went 7 and 6, including an Independence Bowl victory over Alabama.
The high point of Reid's sophomore season came in the Cowboys shoot out victory over Kansas. Reid scored all of the Cowboys' touchdowns throwing for 411 yards and five touchdowns, while also running in a touchdown as Oklahoma State ran out 42-32 victors. The low point of his season came as he was benched in the second half of the Cowboys' loss to in-state rival Oklahoma.
Reid ended the season with 2,226 yards, 24 touchdowns and 11 interceptions.
Reid was one of the 35 quarterbacks placed on the 2007 Manning Award watch list. However, that same year he was demoted to back-up quarterback. This led to a media controversy surrounding comments made by OSU coach Mike Gundy.
Following the 2007 college football season, Reid flirted with the idea of declaring for the NFL Draft but instead chose to transfer to Texas Southern, a D1 FCS school that finished 0-11 in 2007.
In 2008 Reid Stats for Texas Southern were admirable considering he did not finish the season because of a knee injury. He went for 148-261 for 1791 yards and 12 TDS with 6 INTS and only 8 sacks. He finished his college career with 4,934 yards and 39 TDs
In Spring 2009 It was reported that Bobby Reid had a pro day work out at University of Texas-Arlington. Five NFL team representatives were there to watch the workout. Because of his recovering torn acl he could only throw passes. Reid impressed the scouts with his arm. "Reid threw the ball real well" Titans head scout Brocato said. "He's got a very good arm, and he's big 6-foot 3. He still has to learn some things. But I was impressed with his arm strength. Reid drove back to Houston after and worked out for the Texans the next day. He said he was confident he can play in the NFL."
On March 15, 2010 Bobby Reid functioned as the throwing quarterback at the LSU pro football timing day. He also ran the athletic drills, posting times of 4.67 and 4.64 seconds in the 40-yard dash, posting a 33½-inch vertical jump, a 9-3 broad jump, a 4.41 second short shuttle drill and 19 reps at 225 lbs. on the bench press.
As of November 19, 2010 Bobby Reid Signed with Arena Football Team Tulsa Talons, wearing number 7 for the Talons. In 2011, Reid played several games for the Tulsa Talons, and led the team in rushing with 312 yds and 13 TDs on 32 carries.
Reid's 2011 Tulsa Talons (Arena Football) Passing Statistics
On Monday, February 18, 2013, Oklahoma State hired Bobby Reid in an administrative, non-coaching position.
On January 8, 2015, Bobby Reid Tweeted "#Ponyup" indicating that he was leaving OSU and was headed to SMU. Reid was hired by SMU as a graduate assistant/defense to work with players underneath former Cowboys cornerbacks coach Van Malone, the Mustang's defensive coordinator.