NFL Draft Odds: Betting Guide For 2023

The crown jewel of the NFL offseason is always the Draft, which begins with tonight’s first round in Kansas City (8 p.m. ET). Rounds 2 and 3 will take place on Friday, April 28 (7 p.m. ET) and Rounds 4 through 7 will follow on Saturday, April 29 (Noon ET). The Carolina Panthers traded up for the No. 1 overall pick – originally owned by the Bears – to take their franchise QB. The general thought is that it will be Bryce Young (Alabama) or CJ Stroud (Ohio State), with an outside chance at Anthony Richardson (Florida). 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, second, or third overall. Eventually, NFL Draft betting props for all picks inside the top 10 will be available at top online sportsbooks like DraftKings Sportsbook and BetMGM.

First overall pick odds

Second overall pick odds

Third 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:

• 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 2023 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, per CBS, will change throughout the offseason leading up to the Draft.

Pick	Team	2022 Record	Draft Needs
1	Carolina Panthers (via Bears)	7-10	QB
2	Houston Texans	3-13-1	QB
3	Houston Texas (via Cardinals)	4-13	OL, EDGE, CB
4	Indianapolis Colts	4-12-1	QB
5	Seattle Seahawks (via Broncos)	9-8	SAF, LB, DL
6	Cardinals (via Rams through Lions)	9-8	TE, CB, DL
7	Las Vegas Raiders	6-11	OL, SAF, DL
8	Atlanta Falcons	7-10	QB, CB, LB
9	Philadelphia Eagles (via Bears from Panthers)	3-14	OT, CB, DL
10	Chicago Bears (via Eagles through Saints)	8-9	DL, RB, SAF
11	Tennessee Titans	7-10	OL, WR
12	Lions (via Cardinals, Texans and Browns)	3-13-1	OL, TE, LB
13	Green Back Packers (via Jets)	7-10	OL, TE, LB
14	Pittsburgh Steelers (via Patriots)	8-9	OT, TE, WR
15	New York Jets (via Packers)	8-9	WR, TE, SAF
16	Washington Commanders	8-8-1	CB, OL, LB
17	New England Patriots (via Steelers)	9-8	OT, DB, LB
18	Detroit Lions	9-8	TE, CB, DL
19	Tampa Bay Buccaneers	8-9	SAF, LB, OT
20	Seattle Seahawks	9-8	OC, SAF, LB
21	Miami Dolphins (forfeited)
22	Los Angeles Chargers	10-7	OL, DL, TE
23	Baltimore Ravens	10-7	WR, OG, CB
24	Minnesota Vikings	13-4	CB, WR, OG
25	New York Giants (via Jaguars)	9-8	TE, OT, CB
26	Buffalo Bills (via Giants and Jaguars)	9-7-1	CB, WR, OL
27	Dallas Cowboys	12-5	WR, SAF, DL
28	Jacksonville Jaguars (via Bills)	13-3	TE, OL, DL
29	Cincinnati Bengals	12-4	OG, SAF, CB
30	New Orleans Saints (via Broncos, Dolphins and 49ers)	7-10	OG, WR, RB
31	Philadelphia Eagles	14-3	DL, RB, SAF
32	Kansas City Chiefs	14-3	OT, WR, TE

Best NFL Draft betting sites

2023 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
Will Anderson Jr.	EDGE	Alabama
Bryce Young	QB	Alabama
Jalen Carter	DL	Georgia
Christian Gonzalez	CB	Oregon
CJ Stroud	QB	Ohio State
Peter Skoronski	OT	Northwestern
Bijan Robinson	RB	Texas
Tyree Wilson	DL	Texas Tech
Devon Witherspoon	CB	Illinois
Lukas Van Ness	EDGE	Iowa
Nolan Smith	EDGE	Georgia
Paris Johnson Jr.	OT	Ohio State
Will Levis	QB	Kentucky
Anthony Richardson	QB	Florida
Broderick Jones	OT	Georgia
Brian Branch	SAF	Alabama
Joey Porter Jr.	CB	Penn State
Myles Murphy	EDGE	Clemson
Jordan Addison	WR	Pitt
Jahmyr Gibbs	RB	Alabama
Jaxon Smith-Njigba	WR	Ohio State
Bryan Bresee	EDGE	Clemson
Michael Mayer	TE	Notre Dame
Darnell Wright	OT	Tennessee
Dalton Kincaid	TE	Utah
Calijah Kancey	DL	Pitt
Jalin Hyatt	WR	Tennessee
Deonte Banks	CB	Maryland
Quentin Johnston	WR	TCU
Luke Musgrave	TE	Oregon State
Drew Sanders	LB	Arkansas
Darnell Washington	TE	Georgia
BJ Ojulari	EDGE	LSU
Emmanuel Forbes	CB	Mississippi State
Kelee Ringo	DB	Georgia
O'Cyrus Torrence	OL	Florida
Trenton Simpson	LB	Clemson
Mazi Smith	DL	Michigan
Zay Flowers	WR	Boston College
Steve Avila	OL	TCU
DJ Turner	DB	Michigan
Josh Downs	WR	North Carolina
Joe Tippman	C	Wisconsin
Felix Anudike-Uzomah	EDGE	Kansas State
Cody Mauch	OL	North Dakota State
Will McDonald IV	EDGE	Iowa State
Keion White	DL	Georgia Tech
Tyler Scott	WR	Cincinnati
Derick Hall	EDGE	Auburn
Anton Harrison	OT	Oklahoma

• 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.