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NFL Draft Betting: First WR Drafted Odds and Picks

Ja'Marr Chase of the LSU Tigers is a huge favorite to be the first wide receiver taken in the 2021 NFL Draft.

Wide receiver in the NFL has always been a premier position and for the 2021 NFL Draft and betting on wide receiver odds, a wideout from the LSU Tigers is the overwhelming favorite to be the first WR off the board.

According to the best NFL betting sites and the latest first wide receiver drafted odds, LSU receiver Ja’Marr Chase is the -1000 favorite (90.9 percent implied probability) to have his name called first by commissioner Roger Goodell on April 29. The junior has been graded by NFL draft analysts as one of the best wide receivers to come out of school since Julio Jones.

Betting on NFL draft wide receivers isn’t just limited to which player will be selected first. You can also wager on how many wideouts get taken in the first round, OVER/UNDERs on draft position and even which team will take a particular player.

Read our How To Bet on the NFL Draft guide if this is your first time betting on draft props so you can get up to speed like a wide receiver running a 4.3 on his pro day.

Which Wide Receiver Will Get Drafted First in 2021 NFL Draft?

First Wide Receiver drafted - 2021 NFL Draft
PlayerOdds
Ja’Marr Chase-1000
Jaylen Waddle+675
DeVonta Smith+800
Kadarius Toney+6000
Rashod Bateman+6600
Terrace Marshall Jr.+6600
Rondale Moore+8000

Odds as of April 27 at Bovada

It doesn’t take a math genius to figure out which player will likely be taken first in first wide receiver drafted odds. LSU Tigers WR Ja’Marr Chase has all but locked up that slot after his pro day and interviews with teams. He obviously already had great game tape to show to potential teams after winning the NCAA national championship with LSU in 2019.

At this point for Chase, it’s not about if he’ll have his name called first but when. Chase has been linked to many teams throughout the NFL draft process, including the Cincinnati Bengals, who pick fifth and have the LSU wideout’s former quarterback, Joe Burrow, waiting to throw to him.

As impactful as Alabama wide receivers Jaylen Waddle (+675) and DeVonta Smith (+800) could be, both have question marks that would make teams pause. Chase, on the other hand, is a physical specimen and was graded in NFL draft wide receiver rankings as the top wideout available for the majority of the season. That’s why his O/U prop for draft position is currently set at 5.5 with the Bengals favored to take him at -160:

2021 NFL Draft - Ja’Marr Chase Draft Position
OptionOdds
OVER 5.5EVEN
UNDER 5.5-140

Odds as of April 27 at Bovada

2021 NFL Draft - Team To Draft Ja’Marr Chase
TeamOdds
Cincinnati Bengals-160
Miami Dolphins+225
Detroit Lions+500
Atlanta Falcons+700
Carolina Panthers+1100
New York Giants+1200
Philadelphia Eagles+1500
Denver Broncos+2500
Los Angeles Chargers+2500
New England Patriots+2500
Dallas Cowboys+3500
Washington Football Team+3500
Las Vegas Raiders+4000
Minnesota Vikings+4000
Chicago Bears+5000
Pittsburgh Steelers+5000
Arizona Cardinals+8000
Cleveland Browns+8000
New Orleans Saints+8000
Seattle Seahawks+8000
San Francisco 49ers+8000
Baltimore Ravens+10000
Green Bay Packers+10000
Indianapolis Colts+10000
Tennessee Titans+10000
Buffalo Bills+15000
Los Angeles Rams+15000
New York Jets+15000
Tampa Bay Buccaneers+15000
Houston Texans+25000
Jacksonville Jaguars+25000
Kansas City Chiefs+25000

Odds as of April 27 at Bovada

If you’re looking at betting on NFL draft wide receivers like Smith and Waddle, it may be best to look elsewhere to O/U props or specific team props for the best value.

How Many Wide Receivers Will Get Taken in Round 1 of the 2021 NFL Draft?

Total Wide Receivers drafted in First round of 2021 NFL Draft
OptionOdds
OVER 4.5-350
UNDER 4.5+225

Odds as of April 27 at Bovada

I’m going to make this short and sweet. Only four wide receivers will get taken in the first round of the 2021 NFL Draft. Why? Because there are already too many premier quarterbacks being taken in the top 10. In a year in which five QBs are going to be selected in the first round, likely within the top 10 picks, that means there are so many other positions of need that will get neglected in the opening round and teams will panic.

For example, in most mock NFL drafts, one or two defensive players are being pegged to be taken in the top 10 and that’s MLB Micah Parsons of Penn State and CB Patrick Surtain of Alabama. Football isn’t played just with quarterbacks and wide receivers and teams that are already stocked at those spots will take positional needs instead of the best player on the board.

As of April 27, three wide receivers are all but locks to be taken in the first round and that’s Ja’Marr Chase, Jaylen Waddle and DeVonta Smith. Rashod Bateman is likely going in the first as well but after that, the WR talent level drops off a cliff in NFL draft wide receiver rankings. Considering the OVER/UNDER, you’re essentially betting on whether Rondale Moore or Kadarius Toney get taken in the first round and at +225, I’ll bet they won’t.

DeVonta Smith and Jaylen Waddle NFL Draft Props

It’s not a debate. Alabama’s DeVonta Smith and Jaylen Waddle were the most talented and explosive wide receiver duo in college football last season. Both will likely be taken within the first 15 picks of the first round of the 2021 NFL Draft. That’s why both of their draft lines are set at O/U 11.5 with Waddle at -140 to be taken within the first 11 picks and Smith at +110.

Smith has been a bit of a victim of the NFL draft process because while he was deserving of the Heisman Trophy as the best player in NCAA football, his size and weight have been looked at as a deterring factor for teams trying to pick a franchise WR. He may still get taken in the top 10 but with so many other positions of need and two wide receivers considered “better” than he is, Smith may see more interest from a team like the Eagles, who pick at 12th and have +450 odds to select him.

2021 NFL Draft - DeVonta Smith Draft Position
OptionOdds
OVER 11.5-150
UNDER 11.5+110

Odds as of April 27 at Bovada

2021 NFL Draft - Jaylen Waddle Draft Position
OptionOdds
OVER 11.5EVEN
UNDER 11.5-140

Odds as of April 27 at Bovada

2021 NFL Draft - Team To Draft DeVonta Smith
TeamOdds
New York Giants+300
Detroit Lions+450
Philadelphia Eagles+450
Miami Dolphins+600
Los Angeles Chargers+750
New England Patriots+900
Carolina Panthers+1200
Denver Broncos+1700
Minnesota Vikings+1700
Chicago Bears+2500
Cincinnati Bengals+3000
Las Vegas Raiders+3000
Washington Football Team+3000
Houston Texans+3500
Arizona Cardinals+4000
Atlanta Falcons+4000
Dallas Cowboys+4500
Green Bay Packers+4500
Baltimore Ravens+5000
Cleveland Browns+5000
Indianapolis Colts+5000
Jacksonville Jaguars+5000
Buffalo Bills+8000
New Orleans Saints+8000
Pittsburgh Steelers+8000
Kansas City Chiefs+10000
Los Angeles Rams+10000
New York Jets+10000
Seattle Seahawks+10000
Tennessee Titans+10000
Tampa Bay Buccaneers+15000
San Francisco 49ers+25000

Odds as of April 27 at Bovada

2021 NFL Draft - Team To Draft Jaylen Waddle
TeamOdds
Miami Dolphins+400
Philadelphia Eagles+450
Detroit Lions+500
New York Giants+500
Los Angeles Chargers+700
Carolina Panthers+1100
New England Patriots+1100
Denver Broncos+1700
Minnesota Vikings+1700
Arizona Cardinals+1800
Las Vegas Raiders+2500
Chicago Bears+2800
Washington Football Team+2800
Cincinnati Bengals+3000
Tennessee Titans+4000
Atlanta Falcons+4500
Dallas Cowboys+4500
Green Bay Packers+4500
Baltimore Ravens+5000
Cleveland Browns+5000
Houston Texans+5000
Indianapolis Colts+5000
Jacksonville Jaguars+5000
Buffalo Bills+8000
New Orleans Saints+8000
Kansas City Chiefs+10000
Los Angeles Rams+10000
New York Jets+10000
Pittsburgh Steelers+10000
Seattle Seahawks+10000
Tampa Bay Buccaneers+15000
San Francisco 49ers+25000

Odds as of April 27 at Bovada