Last updated on: February 4th, 2022
Legal NFL Draft Betting
When it comes to legal sports betting in the NFL offseason, nothing fills the need for football fans more than the NFL Draft betting odds. While the NFL Draft signals hope and new beginnings for all 32 teams, it also can bring in big money for those looking to wager on the selection process.
Betting on the NFL draft has become more popular than ever before, with sportsbooks offering hundreds of unique odds across the entire draft process. Bettors today can bet on all kinds of events and situations that occur during the draft. Things like player position, team order, offensive/defensive player chosen, and many more are all given odds. Here on this page, we will go over all the different types of draft bets you will see, where you can go to place bets on the draft, how to place these wagers, and anything else you need to know.
How To Watch The NFL Draft – When Is The 2022 NFL Draft?
The 2022 NFL Draft will be available to watch on April 28 to April 30 and will be broadcasted in multiple ways. The Draft will be streamed online for fans. It will also be aired on sports networks like ESPN and Fox Sports. The draft will also be stream-able via the NFL app for subscribers of NFL TV. There is a slew of options for watching the Draft. Sports bettors will be able to see their wagers in real-time thanks to the many options for viewing the 2022 NFL Draft.
How To Bet On The 2022 NFL Draft
To begin betting on the NFL Draft, all one must do is find a reputable sportsbook. Knowing a sportsbook is safe and reliable is important, as many unregulated sites are present online. Keep in mind that all sites listed on our network are trusted and licensed by a gaming authority.
Choosing a bonus is the next step in signing up to bet on the draft. If a bettor plans on staying for a while, consider taking the bonus. However, for those who are looking for a quick payday, avoid the glamor of the bonuses, as these can prevent you from withdrawing in a timely manner.
Bonuses come in all shapes and sizes, but using Bitcoin comes with the most rewards. Not only will your money be transferred into your account before the NFL Draft is over, but you will also be able to withdraw by this method as well. Keep in mind that only cryptocurrency depositors can be cryptocurrency withdrawers.
Once these steps are complete and you have filled out your personal information, begin betting. It is that easy and only takes a few seconds to get set up. Therefore, if you want to find a betting site to bet on the NFL Draft, you will be able to signup and place your bets in time.
Betting On The Current 2022 NFL Draft Odds
Betting on the NFL Draft should not be difficult. While there are many prop bets and choices to select from, all of them come with the same standard format. Sportsbooks will offer a betting line where bettors must select an over-under, choose a moneyline, or select an answer from a list of options. The standard over-under bets on the NFL Draft can have odds that fluctuate just like the moneyline. For those looking for the biggest paydays, look for prop bets that feature many choices with big positive-numbered odds.
NFL Props And Futures
NFL prop bets should also be thought of whether focused on a single game, the Super Bowl, or a betting event like the NFL Draft. Props for the 2022 NFL Draft can range in topics regarding a certain player, team, or situation entirely. While some of the questions may be graded as the draft is happening, others may stand until the season begins depending on what is asked.
Will A Team Not Get A Pick In On Time?
- Yes -105
- No -115
Player’s Exact Position
This is a straight forward bet that will give you multiple options on where you believe a certain player will be selected. You will then have the option of choosing which pick that player will go, with each option having varying odds. These bets also typically include a ‘field’ option, which means any other option that is not currently listed. These bets typically feature good odds and can be very beneficial if you are convinced that a player is going to a certain team. Player position bets will look something like this:
When Is Tua Tagovailoa Selected?
- Pick 5 +150
- Pick 3 +225
- Field +350
- Pick 6 +500
- Pick 4 +850
- Pick 2 +1600
Offensive/Defensive Selection For A team
This is another straightforward bet that is very simple to figure out. With only two options, you are deciding if a team will select an offensive or defensive player with their pick. These can come with varying odds, since sometimes it is very apparent which side of the ball the team is looking to draft. Other times it can be more up in the air depending on draft position and who is available. An offensive/defensive draft bet will be listed like this:
Dallas Cowboys First Pick
- Defensive Player -240
- Offensive Player +165
This bet takes the highest prospects from a certain positional group, and gives you odds on which player will be drafted first, and options on the order that they will be drafted. Books will list out the highest prospects for that position and give each their own odds to be picked first. They will also offer exact order bets that will list out the order that the first quarterbacks, wide receivers, running backs, etc will be chosen, each with their own odds.
Again, these can vary from very equal odds, where the books aren’t quite sure where a player is leaning, or very skewed odds where the pick is obvious. As always, be sure to do proper research for this kind of bet. Here is how positional group bets will appear in your sportsbook:
First Wide Receiver Drafted
- CeeDee Lamb -160
- Jerry Jeudy +165
- Henry Ruggs +450
- Field +5000
First 3 Wide Receivers Drafted – Exact Order
- 1. Lamb 2. Jeudy 3. Ruggs +225
- 1. Jeudy 2. Lamb 3. Ruggs +300
- 1. Lamb 2. Ruggs 3. Jeudy +400
- 1. Jeudy 2. Ruggs 3. Lamb +1000
- 1. Lamb 2. Ruggs 3. Jefferson +1000
Player Selection Over/Under
The draft features its own unique version of the over/under bet. The draft over/under takes a certain player and assigns them a draft position. It is then your job to decide if that player will go before (under) or after (over) the position listed on their odds. These can be very fun bets that can change rapidly due to a player falling or rising in draft stock. A draft over/under bet will be listed like this:
Which Pick Will Andrew Thomas be Drafted?
- Under 10.5 Pick -270
- Over 10.5 Pick +180
Betting A Player To Be A First Round Pick
As easy to understand as it appears, the first-round pick bet is odds on whether a player will be drafted in the first round or not. This can be a little more difficult to predict since you are dealing with fringe players that lie at the end of the first round. Players will fall out of and rise into the first round rapidly as teams adjust their big boards. Due to this fluctuation, you can usually find good odds for these NFL draft bets. A first round pick bet will look like this:
Will AJ Epenesa be a 1st Round Pick?
- Yes -160
- No +120
College Team/Conference Comparisons
These are unique bets that have to do with which colleges the drafted players come from. Bets in this category can vary from things like which conference has the most players in the first round, to which specific college has the most of a certain position, and many more. Here is an example of what a college specific draft bet would look like in your sportsbook:
More First Round Picks
- Alabama -0.5 Players Drafted -150
- LSU +0.5 Players Drafted +110
Total Number of Position Players
This is a bet dealing with the overall results of the first round. You will be able to wager on the over/under of the number of players from a certain position group that are drafted during a certain period, like over the first round. This can be a very hard bet to predict, but therefore comes with better odds. Usually, books will have an odds-on favorite for the under or over, which could help your decision making. Here is what this type of bet looks like:
Total DBs Drafted In Round 1
- Under 6.5 DBs Drafted -250
- Over 6.5 DBs Drafted +170
As you can see, there are a good number of bets that one can choose from when looking to get action on draft night. These are some of the most common options, but you will find many more across different sportsbooks.
Compensatory NFL Draft Picks
Compensatory draft picks in the NFL became a mainstream roster-building tool widely used by NFL teams in the last decade. Teams are awarded compensatory picks based on an unreleased formula that is built around free agents’ salaries, snap counts, and any postseason awards achieved. In 2020 the NFL also began awarding a compensatory third-round pick in back-to-back years to any team that has a minority coach or executive coach that is signed as a head coach or general manager by another team.
- Teams With Compensatory NFL Draft Picks
- Los Angeles Rams: 3rd Round (1), 4th Round (1), 6th Round (3)
- Los Angeles Chargers: 5th Round (1), 6th Round (2), 7th Round(1)
- Baltimore Ravens: 3rd Round (1), 4th Round (2)
- Arizona Cardinals: 5th Round (1), 7th Round (2)
- Detroit Lions: 3rd Round (1), 5th Round (1), 6th Round (1)
- New Orleans Saints: 3rd Round (1), 4th Round (1), 6th Round (1)
- Green Bay Packers: 4th Round (1), 6th Round (1)
- Indianapolis Colts: 5th Round (1), 7th Round (1)
- Pittsburgh Steelers: 3rd Round (1), 5th Round (1)
- San Francisco 49ers: 7th Round (2)
- Cincinnati Bengals: 4th Round (1)
- Dallas Cowboys: 4th Round (1)
- Kansas City Chiefs: 7th Round (1)
- Las Vegas Raiders: 6th Round (1)
- Miami Dolphins: 4th Round (1)
- Tampa Bay Buccaneers: 7th Round (1)
- Tennessee Titans: 4th Round (1)
What Teams Don’t Have A First Round Pick In The 2022 NFL Draft?
With trades and offseason moves, building through the NFL Draft isn’t an option for every team. Instead, teams can trade first round picks (or any other pick in the draft) to acquire other players. Heading into the 2022 NFL Draft, there are six teams without a first-round pick. Though they can still make moves to find themselves picking a player on Thursday, it shouldn’t be expected to hear their names the first day.
- First Pick For Teams Without A First Round Pick:
- Chicago Bears: 2nd Round (39th Overall)
- Indianapolis Colts: 2nd Round (47th Overall)
- Seattle Seahawks: 2nd Round (41st Overall)
- San Francisco 49ers: 2nd Round (57th Overall)
- Los Angeles Rams: 3rd Round (101st Overall)
The Top Quarterbacks In The 2022 NFL Draft
Unlike the 2020 and 2021 NFL Drafts that had clear top quarterback prospects (Joe Burrow and Trevor Lawrence), the 2022 NFL Draft does not have any “generational” prospects that have separated themselves from the pack. Rankings fluctuated widely during the college football season, with preseason top-ranked quarterback Spencer Rattler playing so poorly that he was eventually benched and transferred from Oklahoma.
The 2022 NFL Draft class also is lacking depth outside of the top five guys. The over-under for total quarterbacks is set at 7.5 to be selected in the first three rounds. In 2021 eight quarterbacks were selected in the first three rounds, but this quarterback class is lacking to the point that the under has been given -170 odds while the over has a strong payout at +130. The 2019 and 2020 NFL Drafts both had five quarterbacks taken in the first three rounds, so there is a strong precedent that the under 7.5 quarterbacks selected in the top three rounds will hit.
The Top Running Backs In The 2022 NFL Draft
An interesting running back class that also lacks any true standouts. Najee Harris and Travis Etienne were the only two running backs drafted in the first round in the 2021 NFL Draft, which may still be more than how many will be drafted in the first round of the 2022 NFL Draft. This is not necessarily from a lack of talent (this is a deep class that is missing elite running back prospects) but can be attributed to the positional value of running backs dropping.
The over-under for running backs is set at 6.5 with the favorite set us the under 6.5 at -160 odds versus +120 odds for the over. The number of running backs drafted in the first three rounds has fluctuated greatly over the past three seasons: 2021 NFL Draft had four, 2020 NFL Draft had eleven, and 2019 had seven. Given the lack of strength and questionable depth, having such a low total set as the over-under makes sense.
The Top Wide Receivers In The 2022 NFL Draft
The 2022 wide receiver class is a very deep and talented group that may not have the elite talent of last year’s class, but that may be attributed to injuries more than overall ability. One other theme that is sure to be a focus of the 2022 NFL Draft is that of the perceived top four wide receiver prospects, three of them played at Ohio State in 2020. Jameson Williams wound up transferring to Alabama for the 2021 season and elevated his draft stock tremendously, but at Ohio State, he struggled to even get on the field because of their depth. Keep an eye out for Ohio State true sophomore Jaxon Smith-Njigba for the 2023 NFL Draft, as he was the likely reason for Jameson William’s struggle to find playing time at Ohio State.
Contrary to low totals set for quarterbacks and running backs, sportsbooks expect a lot of wide receivers to be selected in the first three rounds. The total has been set at 13.5, with the over and under both given favorable odds at -120. The 2020 and 2021 NFL Drafts would have gone over that total, with 15 wide receivers drafted in the top three rounds of each of those drafts. In 2019 13 wide receivers drafted would have meant that the under would have hit based on 2022 NFL Draft odds.
Best Place To Bet On The NFL Draft
Now that we’ve gone over the different types of wagers, it is time for you to actually place your bets. When it comes to betting on the NFL draft, you have a couple options. The easiest and most readily available is to use one of our many recommended online sportsbooks. These sportsbooks are legal, reliable, and come complete with all of the types of bets we have listed above. These sites use state-of-the-art software that is constantly updated with the latest odds up to and during the draft. Most of these books will also offer promotions for new users who sign up and deposit for the NFL draft.
If you happen to live in a legal US betting state, then you also have the option of using a state licensed sportsbook. These books will have draft betting odds, but usually have fewer options than the online platforms. Always check your local book for their betting options though, as some states have not regulated NFL Draft betting and are not eligible to offer betting lines on the event.
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Mobile Betting On The NFL Draft
Those looking to bet on the draft using nothing but their mobile device are in luck. Most, if not all, of the major online sportsbook platforms are available to use on mobile devices. Simply head to your betting site’s website via your device’s browser, and you will be greeted by a mobile betting version of the same site you see while on your desktop or laptop. These mobile adaptations have all the same odds and features as the full site, and will allow you to place your bets from anywhere. As long as you have an internet connection, you will be able to bet on the NFL Draft from anywhere.
NFL Draft And Live Betting
Live NFL Draft betting is one of the premier ways to wager on the draft. With live betting, you will be able to bet on every round and every potential name called. Live betting is a way to stay in on the action throughout the draft with many betting lines and odds. These wagers go by quickly so you will have to place your bits as soon as they come. This is one of the premier options when it comes to sports betting as it keeps players engaged throughout the event.
Is Betting Real Money On The NFL Draft Online Safe?
While there can be sites that are not recommended to use, betting real money on the NFL Draft is safe provided that you visit an online sportsbook that is licensed and regulated. While these online sportsbooks are not regulated in the US, they still must follow guidelines set forth by the countries they are licensed in. Always read reviews and trust what has been heard through the grapevine. If you’re still stuck, check out the recommended sportsbooks on our page for a step in the right direction.