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 then 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, it goes without saying, but 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 kind of up in the air at the top. Normally, fans have a good idea of who the No. 1, No. 2 and No. 3 picks are going to be.
However, we’ve always 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 educate you on how to bet on 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 have your mindset on. Whether you’re looking at betting on the No. 1 overall pick, or how many wide receivers a team will end up selecting in the NFL Draft, this is something you’ll be able to find 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 will feature seven rounds. Things will typically get started on a Thursday with the first round, and then the following rounds will take place on both Friday and Saturday.
As soon as the draft ends, though, 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, as soon as the NFL Draft ends, you’ll likely be able to find odds for the following year’s draft shortly after. With it being one of the biggest sports events of the year, fans are always looking for new odds to be updated.
Again, you’re probably going to have a great idea of who will be the No. 1 overall pick in the NFL Draft each spring, so if you’re confident in that happening, why not place a bet? The odds for the No. 1 pick will change throughout the college football season too. Injuries will always play a role in this.
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Below we’ve listed odds from a range of top providers offering a place to bet on the NFL Draft. The odds were last updated on August 10, 2023:
|Odds to be No. 1 NFL Draft Pick 2023||Bovada||MyBookie|
|Will McDonald IV||+20000||+20000||+21000|
NFL Draft Bets
Now that you're ready to make some NFL Draft Bets, there really isn't going to be a shortage of what you can go after. As we mentioned above, there are usually going to be many folks who want to bet on who the No. 1 overall pick will be. That's a given. However, in 2021, Jordan Davis was widely expected to be the top pick, so if you took him straight up to be taken by the Philadelphia Eagles, the payout wasn't all that high.
However, one of the other favorite bets is to try and guess which player a specific team will take later in the first round. The best thing bettors can hope for is looking for odds that could go either way, normally around No. 5 overall pick, though this can shift from one draft to the next.
Ultimately, it's not about which pick. Rather, out of all the odds where is the value? Knowing which players offer what is going to be the deciding factor when answering this question, as you can be sure that the scouts and teams know the answer. Keep track of players and teams' pick positions, as you can be sure teams will look to select players to fill gaps in their team.
Betting on 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. There's still a long way to go until next season's Draft so let's see how things change between now and then.
Regardless of games being pushed back for programs, players will always have the best opportunity to impress at the NFL Combine. At the Combine, you're also 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 Combine isn't quite as sexy of an option as betting on the draft, but it's still a ton of fun for everyone to check out all of the different odds and NFL Draft betting options for all of the different participants on hand.
NFL Draft Order 2023 – Round 1
We do not know the 2024 order, so we've listed the previous years'. Below you'll find the complete list of the 2023 NFL Draft order.
|6||Los Angeles Rams|
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 picks ends up this Easter. Let's take a look at the odds, which were last updated on August 10, 2023:
|Odds to be No. 1 NFL Draft Defensive Players Pick 2023||Bovada||MyBookie|
|Will McDonald IV||+7500||+7500||+7500|
|Lukas Van Ness||+7500||+7500||+8000|
First Offensive player selected in NFL Draft
The NFL Draft is approaching and the first overall pick is usually the most talked about. However, many fans are interested in where the top offensive player will end up. Here are the updated odds as of August 10, 2023:
|Odds to be No. 1 NFL Draft Offensive Players Pick 2023||Bovada||MyBookie|
|Paris Johnson Jr||+130||+130||+130|
|John Michael Schmitz||+7500||+7500||+7500|
How does the NFL Draft Order work?
The NFL Draft has changed drastically 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 filters the best college football players into the NFL. To participate in the NFL Draft, college players must declare their availability. The draft aims to create balance across the league to prevent one team from dominating every season. The draft order is determined based on the win percentages of all 32 teams at the end of the season. The team with the lowest win percentage is given the first pick in the draft, while the Super Bowl champions receive the No.32 pick. In the NFL draft, all 32 teams participate in seven rounds of drafting. Each team has one pick per round.
See below the top sportsbooks where you can wager online and choose the best one for you:
NFL Draft FAQs
When is the NFL Draft?
The NFL Draft 2024 is due to take place on the 25-27th of April.
Can you bet on the NFL Draft?
You can bet using a variety of different top-tier sportsbook providers, all of which offer their own unique sports betting odds and bonuses to accompany them.
Is it legal to bet on the NFL Draft?
It is absolutely legal to wager on any market that is promoted on legitimate sports betting sites. We have a list of the best available to US players.
Can I find NFL Draft prop bets?
The Draft is littered with NFL prop betting options. Be sure to check out a top-tier recommended sportsbook to find the latest and greatest NFL draft prop bets.
Is it possible to win big on the NFL Draft?
As is the case with any betting market, you can always win big if you bet on something that has real value and pays out well. The best advice we can give is to try to find the best NFL draft bets to ensure you make a profit.
Where can I watch the NFL Draft?
In terms of TV channels, you can watch the NFL Draft on ABC, ESPN, and the NFL Network.
Who was the number one pick in 2023?
The number one pick in 2023 was Bryce Young, who went to play for the Carolina Panthers.
Where will the NFL Draft take place in 2024?
The 2024 NFL Draft will be hosted at Campus Martius Park in Detroit.
Are props a popular betting market?
Props for the NFL are trendy, as quality bookmakers provide a broad range of great options and offer excellent value in the odds.
How many picks are there in the NFL Draft?
The Draft is a long drawn out process that takes two days, with a total of 259 picks.