NFL Draft Odds: Betting Guide For 2023

Draft Order, Odds, And Strategy

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The crown jewel of the NFL offseason is always the Draft, which is held this year from April 27 through April 29 in Kansas City. With a litany of quarterback-hungry teams, the No. 1 overall pick – currently owned by the Bears– will be highly sought after. Players like CJ Stroud (Ohio State) and Bryce Young (Alabama) will be likely targets, with outside shots at Kentucky’s Will Levis and Alabama’s Will Anderson. This page will lay out 2023 NFL Draft odds and betting guides to help you navigate the event.

NFL Draft odds

Sportsbooks have posted NFL Draft odds, such as who will be picked first overall. Odds for who will be picked second, third, fourth etc. will also become available at DraftKings Sportsbook, Caesars Sportsbook and BetMGM.

First overall pick odds

Sportsbooks also have “Pick by Position” NFL Draft odds for which QB will be selected first, which RB will be selected first, etc. Check out NFL Draft odds for each position by looking at our position-by-position draft previews:

Draft specials

Sportsbooks like DraftKings have a variety of special markets for 2022 Draft. To wager on any of the following markets at DraftKings go here.

  • Player draft positions
  • Number of QBs/WRs/OL taken in the first round
  • First player drafted at each position
  • Will pick 32 be offensive or defensive player

2023 NFL Draft order

Team needs will change throughout the offseason. Check back after free agency for updates.

PickTeam2021 RecordDraft Needs
1Chicago Bears3-14WR, OT, EDGE, DL
2Houston Texans3-13-1QB
3Arizona Cardinals4-13EDGE, CB
4Indianapolis Colts4-12-1QB
5Seattle Seahawks (via Broncos)9-8QB, OL
6Detroit Lions (via Rams)9-8WR, LB, CB
7Las Vegas Raiders6-11OL, DL, CB
8Atlanta Falcons7-10IOL, IDL
9Carolina Panthers7-10QB
10Philadelphia Eagles (via Saints)8-9RB, OL, LB, CB
11Tennessee Titans7-10WR, OT
12Houston Texans (via Browns)3-13-1WR, OL, EDGE
13New York Jets7-10OL
14New England Patriots8-9WR, DL, LB
15Green Bay Packers8-9WR, TE, OT, EDGE
16Washington Commanders8-8-1OL, LB, CB
17Pittsburgh Steelers9-8OL, DEF
18Detroit Lions9-8WR, LB, CB
19Tampa Bay Buccaneers8-9QB, DEF
20Seattle Seahawks9-8QB
21Miami Dolphins (forfeited)
22Los Angeles Chargers10-7OL, DL, WR, LB
23Baltimore Ravens10-7WR, CB
24Minnesota Vikings13-4QB, OL
25Jacksonville Jaguars9-8WR, TE, OT
26New York Giants9-7-1WR, TE, OL
27Dallas Cowboys12-5OL, DL, LB, CB
28Buffalo Bills13-3SAF, OL
29Cincinnati Bengals12-4TE, CB, SAF
30Denver Broncos (via 49ers)5-12OT, LB
31Kansas City Chiefs14-3WR, OT, DL
32Philadelphia Eagles14-3RB, OL, LB, CB

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2023 NFL Draft prospects

The following are the top 50 NFL Draft prospects, per The Draft Network. Check back for frequent updates.

PlayerPositionSchool
Will Anderson Jr.EDGEAlabama
Jalen CarterDLGeorgia
Bijan RobinsonRBTexas
Myles MurphyEDGEClemson
Tyree WilsonDLTexas Tech
Christian GonzalesCBOregon
Bryce YoungQBAlabama
CJ StroudQBOhio State
Bryan BreseeEDGEClemson
Michael MayerTENotre Dame
Quentin JohnstonWRTCU
Broderick JonesOTGeorgia
Joey Porter Jr.CBPenn State
Paris Johnson Jr.OTOhio State
Jordan AddisonWRPitt
Brian BranchSAFAlabama
Cam SmithCBSouth Carolina
Peter SkoronskiOTNorthwestern
Jahmyr GibbsRBAlabama
Will LevisQBKentucky
Isaiah FoskeyEDGENotre Dame
Kelee RingoDBGeorgia
Jaxon Smith-NjigbaWROhio State
Derick HallEDGEAuburn
Darnell WashingtonTEGeorgia
Rashee RiceWRSMU
Devon WitherspoonCBIllinois
Clark Phillips IIICBUtah
Trenton SimpsonLBClemson
Andrew VorheesIOLUSC
Nolan SmithEDGEGeorgia
Dawand JonesOTOhio State
Tuli TuipulotuDLUSC
Anthony RichardsonQBFlorida
DJ TurnerDBMichigan
John Michael SchmitzCMinnesota
Anton HarrisonOTOklahoma
Jalin HyattWRTennessee
Henry To'o To'oLBAlabama
Christopher SmithSAFGeorgia
Drew SandersLBArkansas
Dalton KincaidTEUtah
Josh DownsWRNorth Carolina
Antonio JohnsonSAFTexas A&M
Felix Anudike-UzomahEDGEKansas State
Jordan BattleSAFAlabama
Lukas Van NessEDGEIowa
Kayshon BoutteWRLSU
Zay FlowersWRBoston College
Kyu Blu KellyCBStanford
  • Follow TheLines on Twitter for more NFL Draft odds analysis

How to bet on NFL draft odds

In the coming days, more and more prop bets will be released to give bettors action on the 2023 NFL Draft. The most common bet type is for who will be the First Overall Pick, which brings a lot of intrigue this season.

Bet options will focus on the top prospects, especially at the skill positions. Their potential landing spots, as well as their draft spot, will be available betting options. Additionally, bets will separate players by position and look at who will be the first QB, WR or RB to be taken.

People will also be able to bet on how many of a certain position will be selected in the first round, or overall. Prospects may also be pitted head-to-head for who is the first to be selected.

How NFL draft odds work

Like with betting the moneyline or the spread for games, you’re generally deciding between only two possible outcomes, either the Over or Under on draft position or the number of a certain position to be selected. The biggest difference is in picking from select groups of players to be chosen with the No. 1 pick or to be the top player selected at their position.

When betting a prop such as who will be the First Overall Pick, each option listed is given odds based on their likelihood to go first overall. Aidan Huitchinson is a heavy favorite and had odds of -350 at DraftKings Sportsbook in early April. This means a $100 bet would return a profit of just $35. These are very low, or short odds. Unless you have a large bankroll to support making big wagers, it’s probably best to look elsewhere.

Be sure to shop around, as the odds for each player can vary considerably from sportsbook to sportsbook.

2023 NFL Draft details

Where is the 2023 NFL Draft?

The 2023 NFL Draft will take place in Kansas City. Next year’s draft has been confirmed for Detroit.

When is the 2023 NFL Draft?

Thursday, April 27 through Saturday, April 29.

  • Round 1: Thursday beginning at 8 p.m. ET
  • Rounds 2 and 3: Friday beginning at 7 p.m. ET
  • Rounds 4-7: Saturday beginning at 12 p.m. ET

How to watch the 2023 NFL draft

The entirety of the 2023 NFL Draft will be broadcast across ABC, ESPN, and NFL Network, as well as streamed on NFL.com.

How the NFL Draft works

Determining draft order

The draft order for spots 1 through 18 is determined by the reverse order of the standings at the conclusion of the regular season. Barring trades (discussed below) the team which finishes last will make the first pick of each round, while the Super Bowl champions will make the final selection of each round.

Spots 19 through 32 go to playoff teams, with the order being determined by which round teams are eliminated from the postseason, plus their regular-season record. The Super Bowl champion is given the final pick of each round, so long as they haven’t made any trades.

Tiebreakers

Teams which finish with the same regular-season record (i.e. 4-12, 10-6) will have their order decided by tiebreakers, based on the first of these scenarios which results in the teams having a different record:

  • Head-to-head, if applicable
  • Best record against shared opponents (minimum of four)
  • Strength of victory over all games
  • Best league ranking in points scored and points allowed
  • Best point differential
  • Net touchdowns
  • Coin flip

The teams involved in the tiebreakers will alternate which team chooses first in each round, with the tiebreaker awarding the higher pick for Round 1.

Compensatory draft picks

Based on the NFL’s collective bargaining agreement, the league can assign up to a total of 32 “compensatory free agent” picks. These allow teams that have lost free agents to recoup losses through the draft. Picks are made at the ends of the third through seventh rounds. Each team can have as many as four additional picks, and these have been eligible to be traded since 2017.

Timing

Each team has up to 10 minutes to make its pick in the first round. That time drops to seven minutes for Round 2, five minutes for Rounds 3 through 6 and four minutes for Round 7. If the clock expires before a team makes its selection, they are able to make the selection later but the next team is able to select the desired player.

Trades

All draft picks are eligible to be traded in exchange for other picks, future picks and active NFL players at any point up until that draft slot. Both teams must phone in a trade with the same information for league approval when trades are made during the draft.

Player eligibility

Players are draft eligible if they have been out of high school for at least three years and have used up their college football eligibility before the start of the next college season. They’re eligible only in the year after they finished their college eligibility. Underclassmen and players who graduated before using their full college eligibility may request league approval for early entry to the draft.

Supplemental Draft

Players who had their eligibility change following the given year’s NFL draft are eligible for the supplemental draft in July. Teams must bid on players by saying which round they’d select a given player and if no other team bids on the same player, his right are awarded to that team, or they’re awarded to the highest bidding team. The team will lose a pick in the same round in the ensuing year’s draft.

NFL Draft history

Over the last six NFL drafts, a quarterback was selected first overall four times. Browns DE Myles Garrett in 2017 and Jaguars DE Travon Walker are the lone exceptions. This upcoming draft is expected to be the fifth QB taken first in the last seven years. The fewest number of quarterbacks taken in the first round was two (2015) and the most was five (2018) during that span.

After 2022 saw just one first round QB taken, 2023 may swing the opposite direction.

To date, six quarterbacks selected with a No. 1 pick have led their team to a Super Bowl title. The most quarterbacks selected in a single draft since it was cut to seven rounds was in 2004 when 17 QBs were selected.