The NFL Draft has long been a weekend that football fans have circled on their calendars. However, the expansion of the NFL Draft prop bets has increased interest even further.
That's right -- NFL prop betting doesn't end when the season does. NFL Draft bets span across a multitude of different markets ranging from odds on which player will go first overall, exact team and player matches, all the way to more novelty markets like how many players at a certain position will go in the first round or how many SEC players will be selected in the first round.
Below we will examine some of the popular NFL Draft betting markets and some of the odds-on favorites for each market.
All indications, including the latest odds at the leading sports betting sites, are that Caleb Williams will be the first overall pick by the Chicago Bears. His odds are a staggering -20000 at some sportsbooks, suggesting that Williams first overall is as close to a sure thing as there is in sports betting.
The odds for the second overall pick are far more competitive, though.
LSU quarterback Jayden Daniels (-175, FanDuel) has gained steam to go second behind Williams after overtaking North Carolina's Drake Maye, who had been at -180 in this market earlier in the offseason but is now sitting at +175.
Both Daniels and Maye have completed their respective pro days, but odds can shift wildly in the lead-up to the draft as more information on individual teams' plans come to light. Even if Daniels is a significant favorite just days from the draft getting underway, the odds could flip on Draft Day.
With sports betting officially live in Kentucky, football fans in the Bluegrass State can get in on the action at BetMGM with the BetMGM Kentucky bonus code.
The newest state to go live with online sports betting is North Carolina as there are now several North Carolina betting apps on the market with BetMGM North Carolina bonus code. The BetMGM North Carolina bonus code gets new players $150 in bonus bets.
Jayden Daniels has slid into the favored position to go second overall in the upcoming NFL Draft . (Matthew Dobbins/ Å˽ðÁ«´«Ã½Ó³» NETWORK)
Looking at the odds in other first-round markets help inform the decision on this wager. By all accounts, there appears to be four total quarterback prospects who will be selected in the first 10 picks with Caleb Williams, Drake Maye, Jayden Daniels and J.J. McCarthy.
That leaves bettors to determine whether one more quarterback will be selected in this year's first round. Last year, the odds implied that at least four and possibly five quarterbacks would go in the first round with Bryce Young, C.J. Stroud, Anthony Richardson, Will Levis and Hendon Hooker all garnering consideration. However, after the first three quarterbacks were taken in the first four picks, a signal-caller was not drafted until the second round (Levis).
There are varying degrees of optimism that either Washington's Michael Penix or Oregon's Bo Nix could be selected in the first round.
However, despite quarterbacks seemingly getting pushed up draft boards every spring, there is a limit. The market will dry up after the first four quarterbacks are selected, and teams picking in the later part of the first round are more likely to select a player who can help right away rather than spending such a valuable pick on a developmental prospect who won't see the field this season.
Therefore, the best chance of a fifth quarterback being selected in the first round would be a team with a high second-round pick moving back up into the first.
As such, we like the under 4.5 quarterbacks selected in the first round which can be found with +210 odds at Caesars Sportsbook.
With North Carolina having recently launched online sports betting, be sure to bookmark the Caesars Sportsbook North Carolina promo code for the latest pre-registration info.
While there was some smoke that LSU's Malik Nabers was the top receiver on some teams' big boards, those teams may be picking in a range where it's a moot point. Odunze is a consensus Top 3 receiver in this class with a skill set that may fit better with some of the teams picking in the middle part of the Top 10.
The lack of certainty on Nabers' status as the No.2 receiver in this class, coupled with his -320 odds, make him a tough bet to make in this market.
Odunze, meanwhile, possesses a rare combination of size and speed at 6-foot-3 and 212 pounds with 4.45-second wheels in the 40-yard dash. He had a longer sustained track record of success than Nabers did in college and arguably has the higher floor between the two. While Nabers may flash a higher ceiling, Odunze is a safer pick with a similar ceiling.
The odds difference between these two players may be exploitable.
Washington quarterback Michael Penix is one of the more polarizing prospects in this draft class. (Joe Nicholson/ Å˽ðÁ«´«Ã½Ó³» NETWORK)
There is no clear-cut No.1 running back in this class as there are five running backs with odds between +110 and +900. Corum was the most productive of the running backs in this class in college and showed a three-down skill-set at Michigan.
The gap between Corum and Jonathon Brooks (+110) in this market is hard to justify or quantify, especially with Brooks coming off an ACL injury in November
In the end, Corum's track record and viable athleticism make him a worthwhile pick in this market and his market should start to formulate towards the end of the second round.
It's worth noting that Corum's odds sat at +550 as of April 3, meaning that he is gaining steam as the potential first running back off the board.
Football fans located in North Carolina can now cash in on the FanDuel North Carolina promo code this draft season.
NFL props, also known as NFL proposition bets, refer to wagers made on specific events within a game that have no direct impact on the final outcome. These bets allow you to predict the number of receiving yards a particular player will achieve or the total number of touchdowns they will score, among other possibilities.
If you want to know how to bet on the NFL with prop bets, you must first understand that NFL props are wagers on statistical goals or varying other elements that can occur during an NFL game or season. These NFL prop bet wagers can be on individual player performance, such as if a quarterback will tally more than 300 passing yards, or for a team achievement such as NFL win totals. These have a wide range of prop bet odds and thus allow you more ways to rack up percentage wins or go for upside.
NFL player props are wagers available on sports betting apps where you are betting that an individual player will achieve or come up short of a specific statistical or other individual accomplishment.
These NFL player prop bets can include season-long items such as if a player will post 1,000 or more rushing yards or if someone will win an award such as the AP NFL MVP or Offensive Player of The Year. A prop bet also can apply to an individual game goal. Examples of this latter option might be for a running back to rush for 100-plus yards or for a defensive player to post a sack.
NFL team prop bets are wagers on a team-level performance. This includes a wide range of bet types, as you can bet on items such as if the defense will intercept a pass or post 3+ sacks. NFL team prop bets can also include NFL futures wagers such as if a team will win a division or conference championship or end the season with a win in Super Bowl 59.
Super Bowl betting sites will have hundreds of prop bets on the big game as well.
One of the top aspects of prop bets is that they allow you to use your knowledge of a particular team or player and choose the best NFL player props or NFL team prop bets. You can do this through a variety of wager types, as there are many subcategories of NFL player props. Scour the best NFL betting promos before you make your first wager to see if any prop bets are eligible as qualifying wagers. Make sure you read the terms and conditions carefully.
Live in-game betting is a very popular betting type from a standard game lines perspective, but you can also make live bets on NFL player props and NFL team prop bets on NFL betting apps.
An instance of this can include if Christian McCaffrey will rush for 50+ yards in the second half or if Joe Burrow will throw for a touchdown in the fourth quarter. This is a superb way to keep your interest level in a game going well after kickoff, or to get some betting action in if you weren't able to do so beforehand.
Touchdown scorer NFL player props are wagers where you are betting that a specific individual player will score a scrimmage touchdown. This type of bet only wins if the player in question carries the ball over the goal line.
For example, a bet on Patrick Mahomes as a touchdown scorer will only pay out as a winner if Mahomes tallies a scrimmage touchdown, meaning that a touchdown pass by Mahomes will not result in a touchdown scorer wager win.
The focus of this type of NFL player props bet is if the player you bet on will achieve a particular statistical achievement. For instance, you could wager on whether Patrick Mahomes, at the top of most lists of NFL MVP odds, will post 300 or more passing yards in a game.
This can be one of the NFL best prop bets because it allows you to benefit if Mahomes tallies 300+ passing yards in a game. This means you can pursue a successful wager on the Chiefs' high-volume passing game and yardage opportunities without having to rely on Kansas City actually winning the contest in question.
Christian McCaffrey celebrates a touchdown. (Kelly L Cox/Å˽ðÁ«´«Ã½Ó³» Sports)
You can make prop bets at the same places that you get . Here are seven of the best online sportsbooks for NFL props.
BetMGM has NFL prop bet season specials such as if any team go undefeated in the 2023 campaign as well as an interesting selection of team prop bet parlay wagers. New customers can use the BetMGM bonus code Å˽ðÁ«´«Ã½Ó³»TODAY to get access to a $1,500 first bet offer.
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Caesars Sportsbook comes up with prop wager types that often aren't available elsewhere, which is why you can bet on NFL players prop bets like over/under totals for sacks or rushing touchdowns. The Caesars Sportsbook promo code Å˽ðÁ«´«Ã½Ó³»TODAY1000 features a first bet offer for new customers in which your first wager up to $1,000 will be credited back to your account should it be graded as a loss.
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BetRivers has all of the standard NFL player props and NFL team prop bets, but it also grants you the ability to make unusual NFL player prop bets such as which quarterback will lead the league in interceptions thrown in the 2023 season. First-time customers who sign up using the BetRivers promo code will receive a second-chance bet up to $500. The value of this second-chance bet varies depending on your location.
FanDuel has done a terrific job of structuring its app and website to make it easy to find any type of parlay wager you are looking for. This is especially true for NFL player props such as receiving props, as that area has sections for betting on if a player will post 750, 1,000 or 1,250 or more yards or notch 6, 8, 10 or 12 receiving touchdowns. New customers who sign up using the FanDuel promo code will get a great welcome offer. All new users have to do is bet $5 to get $150 in bonus bets if that bet wins. For a limited time, bettors in Massachusetts and Ohio can get $300 in bonus bets when they make a successful first wager of $5 or more.
DraftKings is one of the most innovative sports betting apps and this very much applies to its NFL player props and NFL team prop bets, as you can bet on categories such as if a player will break the record for most sacks, touchdown passes, passing yards or receiving yards in the upcoming season. First-time customers who sign up using the DraftKings promo code can get a great $150 in bonus bets instantly offer.
ESPN BET has been live since last November and new customers who sign up with using the exclusive promo code -- TODAY -- at registration get a First-Bet Reset that pays back losing opening wagers with up to $1,000 in bonus bet. Simply register using code the ESPN BET promo code TODAY, make a $10 deposit and a first wager and if it loses, ESPN BET will pay you back with up to $1,000 in bonus bets.
Note that bonus bets do not have real cash value, but all winnings from any bonus bet will be converted into real cash in your account upon the wager being settled and can be withdrawn using the banking method of your choice. All welcome bonus bets expire seven days from issuance.
Prop bets are entertaining because they can cover such a wide range of wagers. They allow you to aim your focus on the NFL best player props while also searching for top NFL team prop bets. When you expand your prop bet capabilities by signing up for multiple online sportsbooks, you can then pick and choose the best player props NFL-style and thus add depth to your NFL picks and predictions.
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