How To Bet On Nfl Draft
In regards to the NFL Draft, BetOnline has a series of prop bets available. These betting lines include betting on specific players to be drafted in specific positions, including the #1 overall pick. You can also bet on which conference will have the most players drafted, how many running backs are drafted in the first round, and more. Mar 17, 2020 Now that the NFL free agency market is starting to settle down, it’s time to take a serious look at the 2020 NFL draft betting market. Last year, I went 54-29 (+17.7 units) on draft props. There’s no guarantee I’ll have similar success this year, but I’m pleased with the bets I’ve already made.
When the football season ends, a lot of bettors are left wondering what to do with themselves. Football is their main way of betting and without it, they are lost. After the Super Bowl there is just one thing even tangentially related to football happening and that is the NFL Draft.
Good news, you can bet on it. The draft is an important part of the NFL schedule as it fills holes and brings us the future stars of the league. Betting on it can be a lot of fun as there are so many players and watching it can be boring without a little money on the line.
In this article, we are going to cover everything you need to know about betting on the NFL Draft. From what the odds might look like, to where to bet it.
Where To Bet the NFL Draft:
One sportsbook that everyone can bet at and I would recommend is BetOnline. They have really stepped up their game lately with a lot of great prop bets and the NFL draft is no exception.
America: Bovada has you covered for all of your NFL needs including the NFL draft. They really take the NFL Draft seriously as most American sportsbooks do and will have a wide variety of NFL draft props as well. For example over/under on positions as well as players. You can also bet on props such as who will hug the #1 pick first (or if no-one will hug them) and other silly but amusing things like that.
Canada: You can find NFL Draft odds at Bodog. Based on being primarily an American sportsbook, they offer the same sort of variety of props that Bovada do.
Everywhere Else:Bet365 posts odds on the NFL Draft every season. For non-American books it can be tough to find good NFL draft prop bets but I feel they do the best job out of all the sportsbooks. However you can all bet at BetOnline as well.
What is NFL Draft Betting?
The NFL Draft is a yearly event where teams select the best college players. Draft picks are set from worst team to best team in the interest of parity.
The top college players will then be given odds on the range they might be picked in. For instance, in the 2018 NFL Draft you could bet:
Baker Mayfield Over 6.5
Baker Mayfield Under 6.5
If he was picked between 1st and 6th, that would be under. If he was picked 7th or after, that would be over.
For the record, Bakey Mayfield was drafted number one overall that season so he was a firm under.
There will also be props such as:
– Total Number of SEC Players drafted in the first round
– Total quarterbacks drafted in first round
– Running backs drafted in the first round
– Defensive players selected in first 10 picks
There will be fun prop bets for the NFL Draft too such as whether the #1 draft pick will cry, who they will hug etc. You can bet what quarterback will be drafted first, what linebacker will be drafted first and so on.
How To Bet On Nfl Draft With Friends
You can even bet on who will be 2nd, or the position of certain players.
There’s a great variety of prop bets available for the NFL Draft to make it interesting.
Common NFL Draft Questions:
What is the most popular position to draft #1 overall?
From 1998 to 2018, there have been 15 players selected number one overall that played quarterback. That is not only the most by any position, that is not even close. Prior to this it was more evenly distributed, but it has become a quarterback league over the past twenty plus years and will seemingly remain so.
How To Bet the NFL Draft:
Bovada/Bodog: From the “Football” page, look for “NFL Specials” and the Draft odds will be listed there.
Bet365: Right on the left side of the page click “American Football” and you will find the proper NFL Draft odds within.
NFL Draft Betting Strategy:
Of course, the strategies change from year to year as the player pool changes, but one bet that has paid well over the past few seasons is going under on the amount of running backs taken in the first round. Over the past few seasons, the running game has become more of a “by committee” type of thing and the number of top college running backs to not pan out in the NFL is high. Teams are putting less emphasis on this and getting their running backs later.
Also focus on those prop bets. A lot of sportsbooks come up with prop bets primarily due to “fun” and to go viral more than anything else. However there can be value in there as they haven’t put that much thought into them.