NFL Draft Odds: Betting Guide For 2024

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:

• Quarterback
• Running Back
• Wide Receiver
• Offensive Line
• Tight End
• Linebacker
• Defensive line
• Cornerback
• Safety

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.

Pick	Team	2023 Record	Draft Needs
1	Chicago Bears (via CAR)	2-15	QB
2	Washington Commanders	4-13	QB, EDGE, OT
3	New England Patriots	4-13	QB, OT, CB
4	Arizona Cardinals	4-13	CB, EDGE, WR
5	Los Angeles Chargers	5-12	WR, CB, OL
6	New York Giants	6-11	WR, DB
7	Tennessee Titans	6-11	OT, EDGE, DT
8	Atlanta Falcons	7-10	EDGE, CB, DT
9	Chicago Bears	7-10	WR, EDGE, OT
10	New York Jets	7-10	TE, WR, SAF
11	Minnesota Vikings	7-10	QB, OL, EDGE
12	Denver Broncos	8-9	QB, DB, DL
13	Las Vegas Raiders	8-9	QB, CB, OT
14	New Orleans Saints	9-8	OT, WR, CB
15	Indianapolis Colts	9-8	CB, WR
16	Seattle Seahawks	9-8	DL, LB, OL
17	Jacksonville Jaguars	9-8	DL, CB, OL
18	Cincinnati Bengals	9-8	OT, DT
19	Los Angeles Rams	10-7	DT, EDGE, CB
20	Pittsburgh Steelers	10-7	OL, WR, CB
21	Miami Dolphins	11-6	OL, DL, TE
22	Philadelphia Eagles	11-6	DB, OL, WR
23	Minnesota Vikings (via CLE)	7-10	QB, OL, EDGE
24	Dallas Cowboys	12-5	OL, DT
25	Green Bay Packers	9-8	DT, LB, OT
26	Tampa Bay Buccaneers	9-8	EDGE, DB
27	Arizona Cardinals (via HOU)	10-7	CB, EDGE, WR
28	Buffalo Bills	11-6	WR, DL
29	Detroit Lions	12-5	CB, EDGE, WR
30	Baltimore Ravens	13-4	OL, EDGE
31	San Francisco 49ers	12-5	CB, OL, WR
32	Kansas City Chiefs	11-6	WR, OT, CB

Best NFL Draft betting sites

NFL Draft prospects

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

Player	Position	School
Caleb Williams	QB	USC
Marvin Harrison Jr.	WR	Ohio State
Malik Nabers	WR	LSU
Drake Maye	QB	North Carolina
Brock Bowers	TE	Georgia
Joe Alt	OT	Notre Dame
Rome Odunze	WR	Washington
Jayden Daniels	QB	LSU
Olu Fashanu	OT	Penn State
Terrion Arnold	CB	Alabama
Quinyon Mitchell	CB	Toledo
Dallas Turner	EDGE	Alabama
JC Latham	OT	Alabama
Brian Thomas	WR	LSU
Byron Murphy	DL	Texas
Taliese Fuaga	OT	Oregon State
Amarius Mims	OT	Georgia
Tyler Guyton	OT	Oklahoma
Troy Fautanu	OG	Washington
Jackson Powers-Johnson	OC	Oregon
Jared Verse	EDGE	Florida State
Laiatu Latu	EDGE	UCLA
Cooper DeJean	CB	Iowa
J.J. McCarthy	QB	Michigan
Nate Wiggins	CB	Clemson
Chop Robinson	EDGE	Penn State
Graham Barton	OC	Duke
Keon Coleman	WR	Florida State
Kool-Aid McKinstry	CB	Alabama
Jer’Zahn Newton	DL	Illinois
Darius Robinson	EDGE	Missouri
Jordan Morgan	OG	Arizona
T’Vondre Sweat	DL	Texas
Ladd McConkey	WR	Georgia
Adonai “AD” Mitchell	WR	Texas
Zach Frazier	OC	West Virginia
Bo Nix	QB	Oregon
Kinglsey Suamataia	OT	BYU
Junior Colson	LB	Michigan
Troy Franklin	WR	Oregon
Tyler Nubin	SAF	Minnesota
Edgerrin Cooper	LB	Texas A&M
Jaden Hicks	SAF	Washington State
Kamari Lassiter	CB	Georgia
Roman Wilson	WR	Michigan
Xavier Worthy	WR	Texas
Cooper Beebe	OG	Kansas State
Ennis Rakestraw	CB	Missouri
Malachi Corley	WR	Western Kentucky
JT Sanders	TE	Texas

• 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.