Other than perhaps the Super Bowl, the NFL Draft will be football fans’ biggest event of the year. Countless players will see their dreams come true by hearing their names called, while others will look to make a team after signing as an undrafted free agent. The next NFL Draft will take place between April 25th and 27th, 2024. In terms of NFL Draft betting odds, bettors worldwide can’t wait for them to pop up.

Betting on the NFL Draft is incredibly fun and something you can enjoy with fellow pigskin enthusiasts, especially if there’s a loaded class and things are more up in the air at the top. Normally, fans have a good idea of who the number 1, 2, and 3 picks are going to be.

However, we’ve seen some surprises in the first round that no one saw coming. That’s what makes the NFL Draft so much fun. In this piece, we take a look at what you can bet on and show you how to bet on the NFL Draft.

NFL Draft Betting

When it comes to NFL Draft betting, our partners here at Online Sports Betting will always put you in a position to make any wager you have your mind set on. Whether you’re looking at betting on the number 1 overall pick, or how many wide receivers a team will end up selecting in the NFL Draft, you’ll be able to find your bet with our outlets.

Even better, all of the odds and NFL Draft betting lines will be updated throughout the event. As fans know, the Draft features seven rounds. Things typically get started on a Thursday with the first round, and then the following rounds will take place on both Friday and Saturday.

And just because the Draft ends, that doesn’t mean the betting will stop. You’ll be able to find odds on who will win NFL Rookie of the Year, which teams will end up signing the top undrafted free agents, and more. Plus, once the NFL Draft ends, you’ll likely be able to find odds for the following year’s Draft posted shortly afterward. With it being one of the biggest sports events of the year, fans are always looking for the odds to be updated.

You probably have a great idea of who will be the number 1 overall pick in the NFL Draft each spring—if you’re confident in that happening, why not place a bet? The odds for the number 1 pick will change throughout the college football season, too. And injuries will always play a role in this.

Below are the betting odds taken from a range of top providers who offer a place to bet on the NFL Draft. The odds were last updated on April 17, 2024: 

Odds to be No. 1 NFL Draft Pick 2024 Bovada MyBookie BetUS
Caleb Williams -5000 -10000 -10000
Drake Maye +4000 +2000 +2800
Jayden Daniels +1200 +1800 +1800
Marvin Harrison Jr. +3500 +4500 +4000
J.J. McCarthy +3500 +4000 +5000
Bo Nix +10000 +12500 +12500
Brock Bowers +15000 +15000 +15000
Michael Penix Jr +15000 +15000 +15000
Spencer Rattler +25000 +25000 +25000

Check out the other NFL odds or see more information on the National Football League season. Read on to learn more about where to bet on the NFL Draft.

Best NFL Draft Bets

Now that you're ready to make some NFL Draft bets, there’s no shortage of what you can go after. As we mentioned above, there are usually many folks who want to bet on who the first overall pick will be. That's a given. However, in 2021, Jordan Davis was widely expected to be the top pick, so if you bet on him straight-up to be taken by the Philadelphia Eagles, the payout wasn't all that high. You have to weigh a safe bet against a potential payout.

Another favorite bet on the NFL Draft is to try and guess which player a specific team will take later in the first round. The best thing bettors can do for this is to look for odds that could go either way, normally around the number 5 overall pick, though this can shift from one Draft round to the next.

Ultimately, it's not about which pick, but where the value is. Knowing which players offer what odds is going to be the deciding factor, as you can be sure that the scouts and teams know this. Keep track of players and teams' pick positions during the Draft because teams will look to select players to fill any gaps in their defensive and offensive lines.

Betting Odds for the NFL Draft 2024

In terms of the NFL Draft in 2024, this may be one of the more anticipated ones we've seen in quite some time because of how deep the positions will be on both sides of the ball.

Regardless of any games being pushed back for programs, players will always have the best opportunity to impress at the NFL Scouting Combine each February. At the event, you're able to make bets on who will run the fastest 40-yard dash, who will put up the most reps on the bench press, who will have the biggest hands, and so much more.

Betting on the NFL Scouting Combine isn't quite as sexy of an option as betting on the Draft, but it's still a ton of fun for everyone and a great way to check out the odds and NFL Draft betting options for all of the different players.

See below the top sportsbooks where you can wager online and choose the best one for you:

NFL Draft Order 2024: Round 1

Below, you'll find the complete list of the 2024 NFL Draft order for the first round.

Pick Team
1 Chicago Bears (from Carolina)
2 Washington Commanders
3 New England Patriots
4 Arizona Cardinals
5 Los Angeles Chargers
6 New York Giants
7 Tennessee Titans
8 Atlanta Falcons
9 Chicago Bears
10 New York Jets
11 Minnesota Vikings
12 Denver Broncos
13 Las Vegas Raiders
14 New Orleans Saints
15 Indianapolis Colts
16 Seattle Seahawks
17 Jacksonville Jaguars
18 Cincinnati Bengals
19 Los Angeles Rams
20 Pittsburgh Steelers
21 Miami Dolphins
22 Philadelphia Eagles
23 Minnesota Vikings (from Cleveland through Houston)
24 Dallas Cowboys
25 Green Bay Packers
26 Tampa Bay Buccaneers
27 Arizona Cardinals (from Houston)
28 Buffalo Bills
29 Detroit Lions
30 Baltimore Ravens
31 San Francisco 49ers
32 Kansas City Chiefs

First Defensive Player to be Selected in the NFL Draft

While the focus for the NFL Draft will be on the first overall pick, many NFL enthusiasts will be interested to see where the top defensive player pick ends up. Let's take a look at the odds, which were last updated on April 17, 2024: 

Odds to be No. 1 NFL Draft Defensive Players Pick 2024BovadaMyBookieBetUS
Dallas Turner-190-200-190
Laiatu Latu+400+400+400
Jared Verse+700+700+650
Quinyon Mitchell+800+800+800
Byron Murphy+1000+1000+1000
Terrion Arnold+1500+1500+1500
Jer’Zhan Newton+5000+5000+5000
Kool-Aid McKinstry+5000+5000+5000
Chop Robinson+5000+5000+5000
Cooper Dejean+8500+8500+8500
Nate Wiggins+10000+10000+10000
Ennis RakestrawJr.+10000+10000
Bralen Trice+10000+10000+10000
Edgerrin Cooper+10000+10000+10000
Kris Jenkins+10000+10000+10000
Michael HallJr.+10000+10000
Payton Wilson+10000+10000+10000
T’Vondre Sweat+10000+10000+10000

First Offensive Player to be Selected in the NFL Draft

Although the first overall player pick is usually the most talked about in the NFL Draft, many fans are interested in where the top offensive player will end up. Here are the updated odds as of April 17, 2024:

Odds to be No. 1 NFL Draft Offensive Players Pick 2024BovadaMyBookieBetUS
Joe Alt-350-400-350
Taliese Fuaga+300+300+300
Olumuyiwa Fashanu+650+650+700
J.C. Latham+1200+1200+1200
Troy Fautanu+3500+3500+3500
Amarius Mims+4500+4500+4500
Jackson Powers-Johnson+10000+10000+10000
Tyler Guyton+10000+10000+10000
Jordan Morgan+10000+10000+10000
Graham Barton+10000+12500+10000

How Does the NFL Draft Order Work?

The NFL Draft has changed dramatically in recent years. It used to be a small meeting between GMs and college players, but now it's a multi-day event that travels across the country. Thousands of college players are considered by the 32 NFL teams.

The NFL Draft system serves two purposes: it funnels the best college football players into the NFL and it creates balance across the league, to prevent one team from dominating every season. To participate in the NFL Draft, college players must declare their availability.

The Draft order is determined based on the win percentages of all 32 teams at the end of the prior season. The team with the lowest win percentage is given the first pick in the Draft, while the Super Bowl champions receive the last pick. All 32 teams participate in seven rounds of drafting. Each team has one pick per round, though teams can trade their pick positions and the league can force a team to forfeit their position for rules violations.

Ready to Place a Bet on the NFL Draft?

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NFL Draft FAQs

Meet the author

Dean Etheridge

Dean Etheridge has over ten years of writing experience in the world of sports betting. Starting out as a hobby on his own soccer betting website, Dean has now seen his picks published across various affiliate sites along with The Sun and TalkSPORT where he writes regul...