Welcome one, welcome all to the season of the undefeated! With the NFL playoffs now over, bettors can now turn their focus to the best NFL draft betting odds.
Bets aside, football fans can at least spend the next six months building up those fragile hopes again – and a key piece to their teams contending is by adding value in the NFL Draft.
Speaking of value, if you’ve got your scout glasses on and think you know where your favorite NFL prospect is going, why not put your money where your mouth is?
With the NFL draft order set, here’s a quick sneak preview of the best NFL Draft betting odds using our number one ranked casino Bovada:
2023 NFL Draft Odds – First Overall Pick
- Bryce Young (-120)
- CJ Stroud (+300)
- Jalen Carter (+650)
- Will Anderson (+750)
- Will Levis (+750)
- Anthony Richardson (+10000)
- Myles Murphy (+10000)
- Paris Johnson Jr. (+10000)
- Peter Skoronski (+10000)
- Bryan Bresee (+15000)
As you can see, this is an extremely top heavy draft, though we’re sure there’s plenty of value to be had here for astute National Football League bettors.
We’ll be breaking down these 2023 NFL Draft odds in greater detail, as well as which sportsbooks are offering what, but first let’s take a look at the 2023 NFL Draft particulars.
2023 NFL Draft at a Glance
The 2023 NFL draft is being held at Union Station in Kansas City, Missouri.
It will be broadcast on ABC, ESPN, and the NFL Network.
Here’s how the dates break down:
- Day 1 (1st Round): Thursday, April 27th, 2023 at 8 p.m. EST
- Day 2 (2nd & 3rd Round): Friday, April 28th, 2023 at 7 p.m. EST
- Day 3 (4th – 7th Round): Saturday, April 29th, 2023 at 12 p.m. EST
2023 NFL Draft Odds: Who Will Be Number 1 in the NFL Draft?
Bryce Young, QB, Alabama (Best Odds -120)
The lowest NFL draft pick betting odds at this point involve the 2021 Heisman winner and arguably Alabama’s best prospect in the Saban era.
QB Bryce Young is an exciting player, wise beyond his years, and there is no doubt NFL teams will be very interested in him in regards to potentially being the first pick off the board.
While there are some rumors flying that the Bears could trade current QB Justin Fields, it’s much more likely they are just putting this smoke out in order to drive up the cost of trade up for teams looking to acquire the number one selection in the draft.
If the Bears hold onto the pick, Young is unlikely. However, the belief is the Bears will find a trade partner, and a QB as impressive as Young could easily be a prospect that drives a team to pay up and secure him.
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CJ Stroud, QB, Ohio State (Best Odds +300)
Following Young on the list is the Ohio State star, CJ Stroud. Stroud is bigger than Young and has a flashier arm, which could easily win teams over when most teams approach the draft with an emphasis on traits.
Much like stated before, if the Bears hold onto the number 1 pick in the National Football League draft, the odds of Stroud being the first pick are slim.
However, the minute that the trade were to be announced for a team to move up for a QB, it’s very likely that the odds never touch +300 again.
CJ Stroud wowed teams across the league with his dominant final performance against Georgia in the College Football Playoff. While no prospect is evaluated on one game, going up against the top defense in the country and performing as well as he did is a huge statement to close out his college career.
At +300 odds, it’s not a bad bet to think a team is fully sold on CJ Stroud and will make him their target with a trade up to the first selection in Kansas City.
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Jalen Carter, DL, Georgia (Best Odds +650)
While the favorites to go number 1 in the 2023 NFL Draft are quarterbacks, the current defensive favorite is the defensive tackle for the Georgia Bulldogs.
Jalen Carter is a disruptive presence on the inside in a league that has put more and more emphasis on generating interior pressure.
There is a good chance that at this point in time, Jalen Carter could very easily be the Bears number one prospect on their draft board. However, that doesn’t mean he’d be the selection come April.
With the looming cloud of a potential trade down for the Bears, any trade up situation would likely indicate that a team will certainly be selecting a quarterback.
However, if the Bears stick at the number one pick, Jalen Carter at +650 is very friendly draft odds and could be a great bargain.
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Will Anderson Jr, OLB, Alabama (Best Odds +750)
Anderson Jr has held hype since exploding onto the scene last year with 17.5 sacks and a whopping 31 tackles for loss. While he didn’t match the production, Anderson continued to dominate this season and has positioned himself to be an early selection in the 2023 NFL Draft.
For the Chicago Bears, if they remain at one, a debate between Will Anderson Jr and Jalen Carter would likely boil down more to which position they believe having a great player at would provide more value for their team.
The outside linebacker position that Anderson would step into is far from filled at this current moment, so Anderson Jr is just as much in play as Carter.
With an additional $100 on his 2023 NFL draft betting odds at +750, Anderson is definitely worth consideration for your bet to potentially be the first pick on draft day.
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Will Levis, QB, Kentucky (Best Odds +750)
The Kentucky Wildcats took a step back this season, and Will Levis dealing with injuries all season played a part in that. Yet, the QB isn’t going anywhere in terms of the debate for who will be the first pick.
Levis has an arm capable of delivering passes all over the field, is raved about as a leader by sources close to the Kentucky team, and is highly intelligent even receiving Ivy League offers during his recruitment.
While he is going against tough competition in Bryce Young, CJ Stroud, and Anthony Richardson, Will Levis has the talent to be right in the mix, and at +750, is a great value for a possible wager on him being picked #1.
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Anthony Richardson, QB, Florida (Best Odds +10000)
While Will Levis got plenty of traits praise, Anthony Richardson may have some of the most natural talent in this class.
With upside off the charts, Richardson could easily draw the attention of teams that are willing to gamble on themselves to mold him into the star QB he’s capable of becoming.
As exciting a player as he is, Richardson comes with baggage as well. There is certainly valid reasoning to pick him with the first selection in the draft, but more than likely a team would sit back a little bit rather than moving up to number 1 in order to acquire him.
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Myles Murphy, DE, Clemson (Best Odds +10000)
Murphy received plenty of preseason attention from the draft media, and he continued to showcase his talent over the course of the season. Now entering the offseason, he is widely viewed as one of the top edge rushers in this class.
Murphy is very talented, and should be a quality contributor to the team that selects him, but there seems to be more likelihood he isn’t even the second edge rusher picked in this class, more so than he is the first pick overall.
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Paris Johnson Jr, OT, Ohio State (Best Odds +10000)
As far as offensive lineman go, the need and profile that Johnson brings to the table makes his +10000 wager at the 2023 NFL Draft very intriguing.
Johnson was a highly touted offensive lineman entering the season that had to spend his 2021 year at RG while others with more experience occupied the tackle position.
After a year of work, Johnson showcased that the hype was absolutely warranted, and should be the first lineman taken on draft day. For a team like the Chicago Bears, getting a tackle with Johnson’s profile may be too intriguing for them to risk missing out on him by trading down.
However, it is unlikely that Poles would select Johnson in Kansas City as his last draft seemed to showcase a philosophy of trying to fill the offensive line with mid round to late picks.
Check out the latest Paris Johnson Jr. odds at Bovada
Peter Skoronski, OT, Northwestern (Best Odds +10000)
Entering the season, Skoronski had received plenty of attention from the draft media as being a far and away top tackle for the upcoming offensive tackle class.
While he is still in consideration, there has been a bit of regression on his stock as of late, and many question if he has the length to stick at tackle in the NFL.
Many are intrigued by the hometown connection between Skoronski and the Bears as Evanston and Chicago are right by each other. However, the locality of prospects is an often driven narrative that doesn’t mean much on the draft board.
Ryan Poles loves to draft linemen with profiles that match high end size and athleticism, and Skoronski’s lack of size may hold him out from being in play here at number 1.
Check out the latest Peter Skoronski odds at BetOnline
Bryan Bresee, DL, Clemson (Best Odds +15000)
The Clemson Tigers star defensive lineman had to have one of the most difficult seasons of any college athlete, yet he continued to impress and heads into the offseason as one of the top defensive prospects in the class.
Bresee was recovering from an ACL tear he had last season, the death of his sister, and the high pressure and expectations to be a first round selection and top player across college football. He continued to shine in the face of adversity.
Bresee should be a very good NFL player, and a first round pick, but the gap between him and Carter seems to be large enough that even with the enticing +15000 odds, it is unlikely to bring back any returns.
Check out the latest Bryan Bresee odds at MyBookie
Which Is The Best Bet for First Overall at the 2023 NFL Draft?
While the draft is still plenty far out, judging from the best odds at Bovada I think the most intriguing offer is Will Levis at +750.
While many are hesitant to buy into Levis versus the other QB prospects in this draft, Levis has plenty of potential and arm talent that teams generally are all over when it comes to the draft.
With the offseason here, the tools heavy players get an advantage as they operate in environments without pads. With Levis’ traits, high character, and impressive background, he could very easily win over the hearts of a team and be the first selection on April 27th.
With +750 odds, that feels like too good of a darkhorse deal to pass on.
What Will the Chicago Bears Do in the 2023 NFL Draft?
Scenario 1: The Bears Decide To Stay At #1
Should the Bears opt to keep their pick, it likely means they are enamored with one of the defensive prospects in this class, and don’t want to risk losing them by trading down and allowing another team to select that player.
More than likely, those players would be one of Will Anderson Jr or Jalen Carter.
Staying at #1 may be disappointing to some fans, as collecting numerous picks is an exciting concept, but getting a high-impact player to add to the defense, coupled with the league leading cap space the Bears have entering this offseason could be more impactful for the teams immediate success.
Scenario 2: The Bears Decide To Trade Down
Trading down will definitely be considered for Ryan Poles and the Chicago Bears.
With the NFL Draft, many teams look for a quarterback if they currently don’t have their long-term answer figured out. For the Chicago Bears, they can offer out the number one pick so teams can secure the right to select their favorite QB in the class.
This option is better for the Bears if they’re looking to add more picks to build their roster up more over time. Getting what would likely be a later pick would also give them additional Day 2 selections and a first rounder next season to help fill out their depth chart with young pieces.
While winning is always a priority, filling out your roster with young talent is a great method to team-building in order to create a stronger filled roster when the time comes to contend.
Related: Best eSports Betting Sites
2023 NFL Draft Props: Predictions and Best Draft Betting Odds
First Quarterback Selected in the 2023 NFL Draft
- Bryce Young (Alabama): -200
- CJ Stroud (Ohio State): +210
- Will Levis (Kentucky): +700
- Anthony Richardson (Florida): +2200
- Tanner McKee (Stanford): +6000
At the current odds, those familiar with college football betting this year know that Alabama’s Bryce Young has been leading the pack as the favorite to be the first quarterback selected.
We’ll say Will Levis at +700 is the best bargain of all the Bovada odds.
However, I’d say putting whatever money you’d place on this bet on the better odds of first pick is the better use of your money.
First Wide Receiver Selected in the 2023 NFL Draft
- Quentin Johnston (TCU): +180
- Jordan Addison (USC): +250
- Jaxon Smith-Njigba (Ohio State): +270
- Jalin Hyatt (Tennessee): +430
- Zay Flowers (Boston College): +2300
The wide receiver class is a lot tighter from the back-side than these odds would indicate.
Currently, I’d predict Jordan Addison to be the first receiver off the board, but Zay Flowers at +2300 is incredible odds that might be worth placing a wager on.
First Offensive Lineman Selected in the 2023 NFL Draft
- Paris Johnson Jr (Ohio State): +180
- Peter Skoronski (Northwestern): +200
- Broderick Jones (Georgia): +270
- O’Cyrus Torrence (Florida): +430
- Anton Harrison (Oklahoma): +2300
While the odds are glaring in terms of great value, going with Paris Johnson Jr seems like the right bet in this situation.
His incredible length, athleticism, and size have teams already enamored with him and in measurement and combine situations he will likely only widen the gap between him and Skoronski.
Broderick Jones could be in contention, but Johnson checks more boxes for the likely earlier pick.
NFL Draft Prop Bets: QB Anthony Richardson’s NFL Draft Position
An even split on Anthony Richardson makes both sides of the bet intimidating.
Anthony Richardson is a clear natural talent, but the other QBs in play, and his lack of development could push him down boards.
While it could be a bet to lead to some stress, I think a team will go all in on Richardson’s upside and he goes before pick #17.
NFL Draft Prop Bets: How Many QBs Go In 1st Round?
While some have pitched the idea of Stanford’s Tanner McKee, and maybe Tennessee’s Hendon Hooker could have been selected in the first if not for the torn ACL.
The QB class takes a big step down after 4. While there are later teams like Seattle, Tampa Bay, New York, and others who could end up needing a QB, it would be extremely unlikely they do so in selecting the 5th QB off the board in the first round.
Given the great odds offered at Bovada the under should be very safe here.
How To Bet On The 2023 NFL Draft
Did you know that aside from upcoming games you can also bet on the NFL Draft?
With a wide range of odds and props, the NFL Draft is a wonderful opportunity for you to place bets on a large number of different possibilities and a great way to make excellent returns on those bets if you are correct!
From who will be the number one pick, to who will be the first player picked at positions, what position teams will pick with their first selection, player specific props, and much more! Don’t miss out on the opportunity!
Best Sportsbooks For The NFL Draft
Here are some of the best places to place a wager on what will happen on Draft Day:
Bovada – One of the most popular sportsbooks in the world, Bovada allows you to bet on drafts as they happen — perfect for a draft-watching party. They also allow new players to earn up to $750 in bonus bets, one of the best in the business
BetOnline – BetOnline is a ton of fun on draft night, as they have specific props for just about every pick. They’ve got a 25 year industry reputation, and you can get a sports bonus of up to $1,000 on your first deposit.
MyBookie – You can bet on almost anything at MyBookie, as they offer player-specific, team-specific, college-specific, and position-specific props and an easy site to navigate. New players can get a first deposit match up to $1,000.
MyStake – Think you know what the Bears will do at #1? MyStake has some of the best odds on who the first pick will be, a great variety of player props, and they’ll also give you up to $500 in bonus bets as a new player.
Sportsbetting.ag – Sportsbetting.ag might be the king of NFL futures, and that extends to the draft as well. They’re also generous with redemption opportunities, allowing you the possibility of getting $1,000 in first deposit bonus money.
Related: Sports Betting in Mississippi
Latest NFL Draft Odds 2023 – FAQ
Can you bet on the NFL Draft?
Absolutely! In any of the sportsbooks listed above, in particular our number one pick Bovada, you’ll be able to find a wide variety of different options and odds in order to place bets on just about anything you could imagine: first overall pick, over/unders, player props and more.
Is betting on the NFL Draft safe?
There is risk with every bet you make, but the NFL Draft is one of the safer options as far as placing bets go because a lot of information can be heavily researched, rumored, and tracked in order to increase your odds of successfully placing bets.
Who Is Going To Be The #1 Pick in the 2023 NFL Draft?
While there are no guarantees on who will be the first pick of the draft, there are tendencies the NFL has that can help us find clarity on who will be picked.
Only 3 positions have been selected at the #1 spot in the last 22 drafts: Quarterback, Offensive Tackle, and Defensive End. Based on the current top 10 that leaves: Bryce Young, CJ Stroud, Will Levis, Anthony Richardson, Paris Johnson Jr, Peter Skoronski, Will Anderson Jr, and Myles Murphy.
More than likely, Skoronski doesn’t have the size profile to be selected with the first pick, and Murphy likely doesn’t offer the athleticism/production profile to warrant the first selection. That narrows it down to 6.
Personally, I think Paris Johnson Jr and Anthony Richardson’s odds likely indicate they won’t be able to work their way into the #1 pick conversation by the draft. So now we’re down to 4.
The Bears are heavily rumored to trade out, and that would almost certainly mean it’s for a QB, so now we are left with Bryce Young, CJ Stroud, and Will Levis. One of those quarterbacks should likely be the choice on draft night.
>> Check out the NFL Draft odds
Who Was The #1 Pick Last NFL Draft?
The Jacksonville Jaguars owned the first pick of the draft last year, and they selected Georgia defensive end Travon Walker. Walker was not expected to be the first pick according to odds until hours before the draft. Just goes to show the volatility of the event at times.
How Much Is The First Pick Worth in a Trade at the NFL Draft?
The #1 pick varies in value by year, but in a year like this where there are many QBs to capture a team’s attention, it’s extremely valuable.
Bears fans can expect two first round picks, and a collection of additional picks packaged with them that should help Chicago build up their team well.
2023 NFL Draft Betting Tips & How to Play Vegas Odds for NFL Draft
Recognizing Draft Patterns
Finding stats to back up info and get additional insight on teams and their drafting patterns helps give huge favor to your bets hitting consistently on draft day.
For instance, did you know that 14 of the past 20 Number 1 picks have been QBs? The Seattle Seahawks have never drafted a QB in the first round while Pete Carrol has been head coach? There is plenty of information out there to find!
Separating Smoke from Fire with Draft Rumors
Draft rumors will fly from now all the way till the day of the NFL Draft. Teams put out fake rumors for a multitude of reasons, and it’s important not to overreact to any rumors.
If you find sources you trust, feel free to do so, but also feel free to trust yourself, because you’re unlikely to ever have 100% clarity on what a team is thinking for their selection, and if you ever do, the top sportsbooks like Bovada will too.
Seek out the Best 2023 NFL Draft Odds
If you’re looking for the best 2023 NFL draft odds we suggest visiting sites like Bovada and BetOnline, two stalwarts who have been serving up the best odds for decades.
Regardless of the decision you’re making, it’s always smart to go with the option that maximizes your returns, and doing so by cross checking numerous sportsbooks is a great way to effectively do that.
Related: Sports Betting in Montana
Still Looking for the Best NFL Draft Odds in 2023?
The NFL season is over and the 2023 NFL draft order is set – it’s your move!
Overall, we find that the sportsbooks mentioned above, in particular our number one choice Bovada, offer the best shot at locking in the best draft prices this year.
That said, expect them to continue to drop more unique prop bets and update odds the closer we get to the draft in Kansas City.
While we are still a little bit out, now is still a great time to take advantage of the current odds and potentially win yourself some good money!
Whether you’re betting on the NFL draft or upcoming games, we urge you to do it responsibly.
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