NFL Draft Odds: Betting Guide For 2024

Draft Order, Odds, And Strategy

Written by

The crown jewel of the NFL offseason is always the Draft. Detroit’s Campus Martius Park has been awarded the 2024 NFL Draft. Round 1 will take 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). The 2023 NFL regular season will determine which NFL team will land the No. 1 overall pick. USC quarterback Caleb Williams is the early betting favorite to be the No. 1 overall pick. This page will lay out 2023 NFL Draft 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. Eventually, NFL Draft betting props for all picks inside the top 10 will be available at top online sportsbooks like DraftKings Sportsbook and FanDuel Sportsbook.

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 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.

PickTeam2022 RecordDraft Needs
1Carolina Panthers (via Bears)7-10QB
2Houston Texans3-13-1QB
3Houston Texas (via Cardinals)4-13OL, EDGE, CB
4Indianapolis Colts4-12-1QB
5Seattle Seahawks (via Broncos)9-8SAF, LB, DL
6Cardinals (via Rams through Lions)
9-8TE, CB, DL
7Las Vegas Raiders6-11OL, SAF, DL
8Atlanta Falcons7-10QB, CB, LB
9Philadelphia Eagles (via Bears from Panthers)
3-14OT, CB, DL
10Chicago Bears (via Eagles through Saints)8-9DL, RB, SAF
11Tennessee Titans7-10OL, WR
12Lions (via Cardinals, Texans and Browns)3-13-1OL, TE, LB
13Green Back Packers (via Jets)7-10OL, TE, LB
14Pittsburgh Steelers (via Patriots)8-9OT, TE, WR
15New York Jets (via Packers)8-9WR, TE, SAF
16Washington Commanders8-8-1CB, OL, LB
17New England Patriots (via Steelers)9-8OT, DB, LB
18Detroit Lions9-8TE, CB, DL
19Tampa Bay Buccaneers8-9SAF, LB, OT
20Seattle Seahawks9-8OC, SAF, LB
21Miami Dolphins (forfeited)
22Los Angeles Chargers10-7OL, DL, TE
23Baltimore Ravens10-7WR, OG, CB
24Minnesota Vikings13-4CB, WR, OG
25New York Giants (via Jaguars)9-8TE, OT, CB
26Buffalo Bills (via Giants and Jaguars)9-7-1CB, WR, OL
27Dallas Cowboys12-5WR, SAF, DL
28Jacksonville Jaguars (via Bills)13-3TE, OL, DL
29Cincinnati Bengals12-4OG, SAF, CB
30New Orleans Saints (via Broncos, Dolphins and 49ers)7-10OG, WR, RB
31Philadelphia Eagles14-3DL, RB, SAF
32Kansas City Chiefs14-3OT, WR, TE

Best NFL Draft betting sites

Rank
Sportsbooks
Bonus
Features
Play
1
UP TO $1,000
In Bonus Bets
First Bet Safety Net up to $1,000, or Bet $5, Get $150 in Bonus Bets
Sign Up, Deposit and Play Today in VA!
Gambling Problem? Call or TEXT 1-800-Gambler 21+
Use Bonus Code: THELINESVA
2
Up to $250
Bonus Bet with First Wager
First Bet Reset Up to $250 Back in Bonus Bets 
Get Betway Boosts & Enhanced Odds
To Claim: Click Play Now
3
UP TO $1,500
In Bonus Bets
$1,500 Paid Back in Bonus Bets
Free Live Streaming – Watch Live Games
Use Bonus Code: THELINES
4
$1,000 FIRST BET
On Caesars
Up to $1,000 Back as a Bonus Bet if Your Bet Loses
Stream NFL Games In-App for Free
21+ Gambling problem? Call 1-800-GAMBLER
Use Promo Code: THELINES1000
5
Bet $5
Get $150
In Bonus Bets
Up to $150 in Bonus Bets if Your Team Wins
Available on Desktop, Android & iOS
To Claim: Click Play Now
6
$100 bonus
No Regret First Bet
Up to $100 Back if Your First Bet Doesn’t Hit
Get Your Bets Boosted
To Claim: Click Play Now
7
$500 BONUS
2nd Chance Bet
Up To $500 in Bet Credits
ONLY 1x Play Through!
Use Exclusive Bonus Code: LINESRIV

2023 NFL Draft prospects

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

PlayerPositionSchool
Will Anderson Jr.EDGEAlabama
Bryce YoungQBAlabama
Jalen CarterDLGeorgia
Christian GonzalezCBOregon
CJ StroudQBOhio State
Peter SkoronskiOTNorthwestern
Bijan RobinsonRBTexas
Tyree WilsonDLTexas Tech
Devon WitherspoonCBIllinois
Lukas Van NessEDGEIowa
Nolan SmithEDGEGeorgia
Paris Johnson Jr.OTOhio State
Will LevisQBKentucky
Anthony RichardsonQBFlorida
Broderick JonesOTGeorgia
Brian BranchSAFAlabama
Joey Porter Jr.CBPenn State
Myles MurphyEDGEClemson
Jordan AddisonWRPitt
Jahmyr GibbsRBAlabama
Jaxon Smith-NjigbaWROhio State
Bryan BreseeEDGEClemson
Michael MayerTENotre Dame
Darnell WrightOTTennessee
Dalton KincaidTEUtah
Calijah KanceyDLPitt
Jalin HyattWRTennessee
Deonte BanksCBMaryland
Quentin JohnstonWRTCU
Luke MusgraveTEOregon State
Drew SandersLBArkansas
Darnell WashingtonTEGeorgia
BJ OjulariEDGELSU
Emmanuel ForbesCBMississippi State
Kelee RingoDBGeorgia
O’Cyrus TorrenceOLFlorida
Trenton SimpsonLBClemson
Mazi SmithDLMichigan
Zay FlowersWRBoston College
Steve AvilaOLTCU
DJ TurnerDBMichigan
Josh DownsWRNorth Carolina
Joe TippmanCWisconsin
Felix Anudike-UzomahEDGEKansas State
Cody MauchOLNorth Dakota State
Will McDonald IVEDGEIowa State
Keion WhiteDLGeorgia Tech
Tyler ScottWRCincinnati
Derick HallEDGEAuburn
Anton HarrisonOTOklahoma
  • 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.

2024 NFL Draft details

Where is the 2024 NFL Draft?

The 2023 NFL Draft will take 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, 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.