NFL Draft Odds: Betting Guide For 2024

Draft Order, Odds, And Strategy

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The crown jewel of the NFL offseason is always the Draft. Detroit’s Campus Martius Park will host this year’s selection showcase. Round 1 takes place Thursday, April 25 (8 p.m. ET), Rounds 2 and 3 will take place on Friday, April 26 (7 p.m. ET), and Rounds 4 through 7 will follow on Saturday, April 27 (Noon ET). USC quarterback Caleb Williams is the heavy NFL Draft odds favorite to be the No. 1 overall pick, currently held by the Chicago Bears. This page will lay out 2024 NFL Draft betting odds and betting guides to help you navigate the event.

NFL Draft odds

Sportsbooks have posted 2024 NFL Draft odds, such as who will be picked first overall. NFL Draft betting props for all picks inside the top 10 are available at the best sports betting sites like DraftKings Sportsbook and FanDuel Sportsbook.

As has been the case for over a year, Williams is the runaway favorite to be picked first overall by the Bears. Things get much more interesting when looking at Draft odds for the second, third and fourth overall pick.

Second pick odds

Third pick odds

Fourth 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 the 2024 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

NFL Draft order

Here is the current NFL Draft order. Team needs pulled from Pro Football Network and will change during free agency.

PickTeam2023 RecordDraft Needs
1 Chicago Bears (via CAR)2-15QB
2Washington Commanders4-13QB, EDGE, OT
3New England Patriots4-13 QB, OT, CB
4Arizona Cardinals4-13CB, EDGE, WR
5Los Angeles Chargers5-12WR, CB, OL
6New York Giants 6-11WR, DB
7Tennessee Titans6-11OT, EDGE, DT
8Atlanta Falcons7-10EDGE, CB, DT
9Chicago Bears 7-10WR, EDGE, OT
10New York Jets 7-10TE, WR, SAF
11Minnesota Vikings 7-10QB, OL, EDGE
12Denver Broncos8-9QB, DB, DL
13Las Vegas Raiders 8-9QB, CB, OT
14New Orleans Saints9-8OT, WR, CB
15Indianapolis Colts9-8CB, WR
16Seattle Seahawks 9-8DL, LB, OL
17Jacksonville Jaguars 9-8DL, CB, OL
18Cincinnati Bengals 9-8OT, DT
19Los Angeles Rams 10-7DT, EDGE, CB
20Pittsburgh Steelers10-7OL, WR, CB
21Miami Dolphins11-6OL, DL, TE
22Philadelphia Eagles11-6DB, OL, WR
23Minnesota Vikings (via CLE)7-10QB, OL, EDGE
24Dallas Cowboys12-5OL, DT
25Green Bay Packers9-8DT, LB, OT
26Tampa Bay Buccaneers9-8EDGE, DB
27Arizona Cardinals (via HOU)10-7CB, EDGE, WR
28Buffalo Bills11-6WR, DL
29Detroit Lions12-5CB, EDGE, WR
30Baltimore Ravens 13-4OL, EDGE
31San Francisco 49ers12-5CB, OL, WR
32Kansas City Chiefs 11-6WR, OT, CB

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NFL Draft prospects

The following are the top 50 NFL Draft prospects, per Dane Brugler of The Athletic. Check back for frequent updates.

PlayerPositionSchool
Caleb WilliamsQBUSC
Marvin Harrison Jr.WROhio State
Malik NabersWRLSU
Drake MayeQBNorth Carolina
Brock BowersTEGeorgia
Joe AltOTNotre Dame
Rome OdunzeWRWashington
Jayden DanielsQBLSU
Olu FashanuOTPenn State
Terrion ArnoldCBAlabama
Quinyon MitchellCBToledo
Dallas TurnerEDGEAlabama
JC LathamOTAlabama
Brian ThomasWRLSU
Byron MurphyDLTexas
Taliese FuagaOTOregon State
Amarius MimsOTGeorgia
Tyler GuytonOTOklahoma
Troy FautanuOGWashington
Jackson Powers-JohnsonOCOregon
Jared VerseEDGEFlorida State
Laiatu LatuEDGEUCLA
Cooper DeJeanCBIowa
J.J. McCarthyQBMichigan
Nate WigginsCBClemson
Chop RobinsonEDGEPenn State
Graham BartonOCDuke
Keon ColemanWRFlorida State
Kool-Aid McKinstryCBAlabama
Jer’Zahn NewtonDLIllinois
Darius RobinsonEDGEMissouri
Jordan MorganOGArizona
T’Vondre SweatDLTexas
Ladd McConkeyWRGeorgia
Adonai “AD” MitchellWRTexas
Zach FrazierOCWest Virginia
Bo NixQBOregon
Kinglsey SuamataiaOTBYU
Junior ColsonLBMichigan
Troy FranklinWROregon
Tyler NubinSAFMinnesota
Edgerrin CooperLBTexas A&M
Jaden HicksSAFWashington State
Kamari LassiterCBGeorgia
Roman WilsonWRMichigan
Xavier WorthyWRTexas
Cooper BeebeOGKansas State
Ennis RakestrawCBMissouri
Malachi CorleyWRWestern Kentucky
JT SandersTETexas
  • Follow TheLines on Twitter for more NFL Draft odds analysis

How to bet on NFL draft odds

In the coming weeks, more and more prop bets will be released to give bettors action on the 2024 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.

2024 NFL Draft details

Where is the 2024 NFL Draft?

The 2024 NFL Draft takes place in Detroit. Next year’s draft has been confirmed for Green Bay.

When is the 2024 NFL Draft?

Thursday, April 25 through Saturday, April 27.

  • 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 2024 NFL draft

The entirety of the 2024 NFL Draft will be broadcast across ABC, ESPN, and NFL Network. It also will be 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 seven NFL drafts, a quarterback was selected first overall five times. Browns DE Myles Garrett in 2017 and Jaguars DE Travon Walker are the lone exceptions. This upcoming draft is expected to be the sixth QB taken first in the last eight years. The fewest number of quarterbacks taken in the first round was one (2022) and the most was five (2018) during that span.

2023 saw three QBs being taken in the first four picks.

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.