The 2024 NFL Draft still has plenty of time until it gets here, but that doesn’t mean you don’t have options already.
The upcoming draft is speculated to be an incredibly talented class with superstars who should impact the NFL for years to come, but projecting where these players land can be tough. However, it’s just as difficult for sportsbooks, so that’s a perfect opportunity for you to take advantage of the books and win big on your bets.
So , here’s a quick sneak preview of the best NFL Draft betting odds using our number one ranked casino Bovada:
2024 NFL Draft Odds – First Overall Pick
- Caleb Williams (-350)
- Drake Maye (+550)
- Marvin Harrison Jr (+1500)
- Olumuyiwa Fashanu (+2500)
- Quinn Ewers (+3000)
Caleb Williams leads the early odds on who will be selected first come April, but with time many things can change. This draft class looks to have plenty of intriguing options at the top of the class so while Williams is a deserved favorite, he will need to remain on his A-game or he risks being passed up.
It’s safe to say that with Williams -500 that he is expected to hold off the field and remain the top option in this class, but if you’re having doubts on him or just really believe in some of the other betting options then placing some money may not be a bad idea.
2024 NFL Draft at a Glance
The 2024 NFL draft is being held at Campus Martius Park in Detroit, Michigan.
It will be broadcast on ABC, ESPN, and the NFL Network.
Here’s how the dates break down:
- Day 1 (1st Round): Thursday, April 25th, 2024 at 8 p.m. EST
- Day 2 (2nd & 3rd Round): Friday, April 26th, 2024 at 7 p.m. EST
- Day 3 (4th – 7th Round): Saturday, April 27th, 2024 at 12 p.m. EST
2024 NFL Draft Odds: Who Will Be Number 1 in the NFL Draft?
Caleb Williams, QB, USC (Best Odds -350)
The term “generational” is thrown around a bit too easily now a days but Caleb Williams has arm talent and playmaking ability that give him a realistic chance to be in the NFL’s top tier of quarterbacks someday and that’s an opportunity many front offices won’t want to pass up on.
Williams is the USC Trojans starting quarterback under Head Coach Lincoln Riley who has produced two other quarterbacks to be the first overall pick in Baker Mayfield and Kyler Murray. So Williams continuing that trend wouldn’t be a surprise to anybody.
While a -350 line can be deterring to many when they can’t make back more money than they put in, it still could be worth a bet if you are as bought into Williams as many are and think he is a surefire option to go #1 after this season.
Drake Maye, QB, UNC (Best Odds +550)
Spoiler alert for the year of football ahead, if both Caleb Williams and Drake Maye continue to play at a high level, the debate over both passers will be constant and never-ending. Maye is a prospect that likely enters most seasons the favorite to be the number one pick, but this year he sits at number two.
Maye has a lot of great qualities as a passer and fits the prototype of quarterback that teams love to take in and try to develop. However, Maye is a lot more pro-ready than most that check the boxes he does. Maye did hit a bit of a snag last season where he struggled in games near the end of the year, and that can’t happen if he want to show growth as a prospect, but barring a complete meltdown he should remain atop the QB ranks.
At +550 odds, Maye presents bettors with an intriguing opportunity to roll with a very good high-upside prospect that is getting tougher odds due to the talent currently viewed ahead of him. If Maye outperforms Williams this season, or Williams falls apart, Maye likely moves up into the betting favorite and that makes +550 a bet to consider here.
Marvin Harrison Jr, WR, Ohio State (Best Odds +1500)
A wide receiver hasn’t gone first in the NFL Draft since 1996 when the New York Jets selected Keyshawn Johnson. That speaks to the talent level of Marvin Harrison Jr being the third highest odds regardless of that statistic.
Harrison is a 6-4 205 pound wideout with a dominant ability to win with both size, athleticism, and nuance on the outside that consistently helps him produce regardless of who he is up against. Harrison will be working with a new quarterback this season after CJ Stroud declared for the NFL, but he should be a type to produce regardless of who is throwing his way.
The interesting part of his +1500 lines is that if a team like the Indianapolis Colts ended up with the first pick, they could very easily consider staying put at the top of the draft and selecting Harrison who both fills a need and has ties to the organization as his father played his entire hall of fame career with the organization from 1996 to 2008. So at +1500 odds, would the Colts go for another shot with the Harrison family? Owner Jim Irsay did just make former Center Jeff Saturday the interim Head Coach despite having no experience.
Olumuyiwa Fashanu, OT, Penn State (Best Odds +2500)
Getting an established protector is a tremendous first step for a franchise looking to turn around their offense. So for the chance that a team like the Indianapolis Colts or Chicago Bears end up with the number one pick and look to add to their offensive line rather than for another quarterback, then getting a stud offensive tackle in Olumuyiwa Fashanu could be a proper way of doing that.
Fashanu is a 6-6 323 pound offensive tackle who made tremendous strides as a 19 year old offensive tackle last season who likely would’ve wound up as a top 10 pick had he opted to declare last season. Instead, he returned to school and now appears to be one of the top players in the upcoming class.
Fashanu at +2500 odds is very intriguing, as he truly does have the traits and skill level to warrant a top selection in the draft. However, the obvious hold up is that most teams in play for the first pick will likely go in the direction of drafting a quarterback or trading back with a team looking to do so. Still, with such a big return possibility at +2500, he’s certainly worth considering.
Quinn Ewers, QB, Texas (Best Odds +3000)
There aren’t many prospects in a more peculiar situation than Quinn Ewers is at Texas. The third year gunslinging QB struggled after returning from injury in his first year as the Longhorns quarterback, and his play will no doubt need to improve.
From a traits standpoint, Ewers has the arm talent, build, and supporting cast to put together a tremendous season and catapult himself up in the odds to go first. At the same time, Ewers had too many moments of inconsistent mechanics and touch that stalled the offense routinely last season.
The expectation is, with another year Ewers will improve. However, with the arrival of 5-star recruit Arch Manning, Ewers could also have pressure to play at a high level or he could be replaced.
Ewers has a great offense which will play to his benefit, and if he can grow his game he could be in competition as one of the best passers in the country. There are countless outcomes in play for Ewers, which makes +3000 make sense, but it could be a bet worth making for that exact reason.
Who Are Other Dark Horses To Be The First Overall Pick of the 2024 NFL Draft?
Outside of the top five betting options for the number one pick are some interesting betting options that could be considered for those looking to take a risk at a chance for big odds. While the odds are generally large for a reason, there have been countless times that the first pick was far out from the favorite prior to the season starting. The most recent case was 2022’s top draft pick Travon Walker who was selected by the Jacksonville Jaguars.
This year, guys like QB Jayden Daniels and OT Joe Alt are outside of the top 5 when it comes to NFL Draft odds to be the first selection, but they have plenty of redeemable qualities that should keep them in your consideration when betting.
Daniels is a lanky dual-threat QB who helped lead LSU to an impressive season last year, and now they have high hopes for the playoffs. Should Daniels continue to grow at QB while leading the Tigers to a high-quality season, then he could be considered as one of the top passers in this class.
For Alt, the 6-8 320 pound tackle possesses high quality length and technique that projects him to be an immediate high-impact offensive tackle at the next level. Scouts seem to be split between him and Fashanu for who the top protector is of this class, but should he continue to develop he could make a case for the top lineman, and potentially the top pick.
Which Is The Best Bet for First Overall at the 2023 NFL Draft?
The likely first pick come April would be USC’s Caleb Williams, but with -500 odds almost a year out, that’s not the best value. That’s not what we’re here for! So for now, the best direction to go is with North Carolina QB Drake Maye.
Maye is similar to Los Angeles Chargers QB Justin Herbert with his slender frame and impressive ability to operate downfield as a passer. There are questions about his game that will be tested through the year, and he will need to prevail. However, he demonstrates plenty of qualities of a franchise quarterback and would make a team very happy if they were able to select him next April.
Should Caleb Williams remain in school, struggle, or any other circumstances arise that lessens his chance of going first overall, Maye becomes the clear favorite.
If you’re looking for huge returns on a bet this far out, consider LSU QB Jayden Daniels sitting at +5000, as he has a good blend of arm talent and mobility with high-end ball security that should stick out to NFL teams over the course of the season.
Related: Best Football Betting Sites
2024 NFL Draft Props: Predictions and Best Draft Betting Odds
Total Number of Quarterbacks Drafted in Round 1
Analysis: Early in every draft cycle, there seems to be a large window of quarterback options that sportsbooks will expect as potential first round picks. This year the QBs in discussion to go in Round 1 are Caleb Williams (USC), Drake Maye (UNC), Quinn Ewers (Texas), Bo Nix (Oregon), and Michael Penix Jr (Washington).
There is validity to the fact that this QB class has a lot of talent, with potential for more players to move up the boards and join the group. Realistically though, the QB position generally shakes out a little more strictly than the media is on who is worthy of going in the first round.
While there are QBs outside of these five that also get discussed as first round options such as Jayden Daniels (LSU), Spencer Rattler (South Carolina), Joe Milton (Tennessee), Shedeur Sanders (Colorado), or any risers through the process. However, the likelihood of all these QBs with early season expectations staying in this range through the course of the season is extremely unlikely.
Writer’s Pick: Under 4.5 QB’s Selected (+120)
The under is definitely the smarter play here with the current quarterback field. While Williams and Maye seem like safe bets to remain in first round discussion through the process, the rest of the batch could very easily fall out. In time, there will likely be a smaller group with legit first round consideration.
First Non-Quarterback Selected In 2024 NFL Draft
- Marvin Harrison Jr (Ohio State): +100
- Oluwoyima Fashanu (Penn State): +325
- Joe Alt (Notre Dame): +475
- Brock Bowers (Georgia): +1000
- Dallas Turner (Alabama): +1200
Analysis: If you’re feeling pretty confident with Caleb Williams going first overall, then there is still the chance to place bets on who else could go high outside of the passers in this draft, and the odds are fairly intriguing.
The circumstances for this bet are similar to the 2021 NFL Draft where the class was filled with blue-chip talents like WRs Ja’Marr Chase, Jaylen Waddle, and DeVonta Smith but also had OT Penei Sewell, TE Kyle Pitts, and others that were considered near the top of the class. Of course in that class, Pitts ended up the first off the board.
More likely than not, the debate will be between the top two betting favorites for this time around. Harrison offers a wide receiver profile and production profile that should chart him as an immediate high impact weapon in the passing game, while Fashanu is an incredibly athletic and polished blocker sure to protect a team’s quarterback and pave the way in the running game.
While there is still a whole season of film to help gain clarity, it shouldn’t shock anyone if this debate remains tight all the way until we hear Goodell announce the pick in April.
Writer’s Pick: Oluwoyima Fashanu, OT, Penn State (+325)
In a true toss-up type situation, you go where the money favors you. The true play might be putting money on both as there is a decent chance it will remain a debate between these two prospects throughout the process. Fashanu however, should be a franchise caliber left tackle in the NFL and while that won’t always be what teams draft, there’s still a good chance of it.
2024 NFL Draft – Number 1 Overall Pick: Caleb Williams vs The Field
- Caleb Williams: -330
- The Field: +220
Analysis: If you were wondering just how much hype is surrounding USC QB Caleb Williams, here is your answer. The sportsbooks consider it more likely that Caleb Williams is picked than any other possible option being the selection. They’ll even give you better odds for you to bet that it’ll be the case.
There is valid reasoning for why the books feel this way, as far as playmaking goes, Williams is truly one of a kind in an offense that will likely only continue his dominance into this season. However, the field is very talented. Whether you look at the quarterback options around the country in passers like Drake Maye, Quinn Ewers, and others. Or if you look at some of the other high-end talents like OTs Olumuyiwa Fashanu and Joe Alt. There are countless options, so at +220 it’s heavily worth considering.
Writer’s Pick: The Field (+220)
Williams would be anyone’s prediction to be the first pick next April if they had any stakes to it, but with the odds shifted in your favor in what is a 1 vs over 1000 other options, it feels foolish to not choose the field when you know the field still has plenty of deserving candidates to go first.\
2024 NFL Draft First Cornerback Selected
- Kool-Aid McKinstry (Alabama): -110
- Kalen King (Penn State): +135
- Denzel Burke (Ohio State): +300
- Kamari Lassiter (Georgia): +600
- Nate Wiggins (Clemson): +650
Analysis: As things stand, sportsbooks are considering Alabama’s Kool-Aid McKinstry as the top cornerback and thus, view him as the clear favorite to be the first cornerback picked in April’s draft. While McKinstry has plenty of qualities of a top cornerback, there are plenty of intriguing options in this class that could upstage him to be the first off the board.
The top betting favorites after McKinstry include Penn State’s Kalen King who paired with 2023 2nd round draft pick Joey Porter Jr to be one of the top corner duos in the nation last year. Ohio State’s Denzel Burke who immediately caught the attention of the country as a true freshman and has continued to have hype since. Georgia’s Kamari Lassiter who helped the Bulldogs have a menacing defense, and should continue to provide that impact this season. Then Clemson’s Nate Wiggins who has great size and fluidity on the outside to match up with bigger receiving threats at the next level, and athleticism to track the smaller ones across the field.
Writer’s Pick: Nate Wiggins (Clemson): +650
Wiggins is an impressive 6-2 185 pound corner with fluidity and instincts to contest the catch window on every snap. He may be a bit off from the favorite to be the first corner selected right now, but with another season of stellar play the NFL and oddsmakers alike should take notice. At +650, that’s definitely worth taking a chance on.
How To Bet On the 2024 NFL Draft
If you’re getting excited at the chance to place some wagers on the upcoming NFL Draft but just need help getting pointed in the right direction then this guide has you covered. Here are some step by step directions in order for you to safely get started placing your bets with a top recommended sportsbook of ours… Bovada!
Step 1 – Register at Bovada
- Click here to visit Bovada and click the green ‘Join’ button
- Enter all the sign up information as needed
Step 2 – Validate your account
- Check your email account for the validation link
- If you’re having trouble locating it, try checking your junk folder
- Once you’ve found it, verify your account by clicking the confirmation link
Step 3 – Deposit and play
- Deposit money into your account using your preferred payment method
- Take advantage of the sites promotional offer
- Research bets and begin placing them
Best Sportsbooks for the 2024 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.
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: Super Bowl 2024 Odds
Latest 2024 NFL Draft Odds – FAQs
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 2024 NFL Draft?
The odds-on favorite to be the number one pick is USC quarterback Caleb Williams. He possesses a lot of traits that make him a highly sought after quarterback and assuming he continues to play at a high level this season those expectations should continue.
However, there is no true guarantee on who will be the first pick of the draft until NFL Commissioner Roger Goodell announces it officially. Until then, all we can do is speculate.
Who Was The #1 Pick Last NFL Draft?
Last draft, the Carolina Panthers selected Alabama quarterback Bryce Young with the first overall pick. They traded up from the 9th pick with the Chicago Bears in order to have the top pick in the draft.
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.
2024 NFL Draft Betting Tips & Strategies To Use
Recognizing Draft Patterns
When you head to a sportsbook to place your bet, it’s important to try to find tells in the history that can help point you toward making the right predictions. That can be very useful when it comes to betting on the NFL Draft.
For instance, did you know that 17 of the past 23 Number 1 picks have been QBs? Finding these statistics is a great way to bring more stability to your bets in order to operate with more efficiency and consistently bring back more returns when you wager.
Take Advantage of Promotional Offers
Sportsbooks are desperate for your business. They know there are countless competitors out there, so they’ll do what they can to acquire your business. So signing up with new sportsbooks likely get you additional funds, they’ll run daily promotions on their platforms as well.
Take advantage of these opportunities when it fits what you want to do, because it can really only help you out as a bettor. While no one is going to consistently bet and do so with 100% success, finding promotional offers for boosted odds or additional funds can only help you when wagering.
Sign Up With Multiple Sportsbooks
If you’re betting on the NFL Draft, it’s best to find where your bets can make you the most money. So surfing for odds through numerous accounts with various sportsbooks is a great way to ensure you’re receiving the best value when you place your bets, and giving yourself the highest earning potential you can.
Related: Best Super Bowl Prop Bets
Still Looking for the Best NFL Draft Odds in 2024?
There is certainly plenty of time until the NFL Draft, but that can work both for or against you. If you are looking to get betting though, there is a great opportunity to win big with so much unknown ahead of the upcoming season of college football.
There are plenty of great platforms to head to in order to get started, and we most recommend one of the platforms we discussed up above, with the best being Bovada!
Regardless of where you decide to place your bets for the 2024 NFL Draft, we advise you to do so safely and responsibly.
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