- The 2020 NFL Draft will be from April 23-25 featuring a virtual adaption due to the coronavirus pandemic.
- NFL Draft betting is expected to set new records in across the United States.
- The state of New Jersey is already seeing a surge in NFL Draft bets being placed.
LAS VEGAS — The NFL Draft is still a week away but its already begun to stir up interest at sportsbooks across the United States and maybe even globally. As many professional sports are in a state of limbo because of the coronavirus pandemic the NFL represents the only major sport providing bettors with the opportunity to gamble on football.
This potentially creates a major payday for sportsbooks in a time where sports and sports betting seem scarce.
No Other Major Sports To Bet On
The NFL is the biggest name on the betting menu and is being fully embraced by sportsbooks as there are a variety of props available covering nearly every aspect of the draft.
For example, Bovada has betting props for the first kicker drafted as well as the attire of Roger Goodell during the virtual draft. Furthermore, you can also bet on how many times the draft will experience technical difficulties. This variety of props gives bettors numerous options to bet on which in return will lead to more bets being placed.
“This year’s draft will be by far the biggest handle we’ve seen,” said, Nick Bogdanovich, the William Hill US Director of Trading to Forbes. “Had the NFL draft been held in Las Vegas as originally scheduled, there’s no telling how much would have been bet but we would have written an insane amount of money.”
Usually, the NBA betting would take up some of the betting market and viewership but because of Covid-19, the NFL Draft will be center stage at sportsbooks and on television.
However, the NFL Draft not being held in Las Vegas and going virtual does already represent a major loss for sportsbooks and casinos in that area. The impact of the coronavirus has been felt throughout the world as the NFL Draft proceeds it’ll be interesting to see how much this year’s betting handle compares to last years.