The 2024 NFL selection show is nearly here, which means it's time to break down NFL Draft odds.
Nick Holz has an updated 2024 mock draft ahead of the show, but on this page I'll break down the different specific odds and markets available for the NFL Draft. I've compiled all the draft props and handicapped some of my best picks:
2024 NFL Draft Odds: First Overall Pick
Player | Odds |
---|---|
QB Caleb Williams | -10000 |
QB Jayden Daniels | +3000 |
QB Drake Maye | +4000 |
WR Marvin Harrison Jr. | +10000 |
QB JJ McCarthy | +10000 |
Michael Penix Jr. | +20000 |
Odds as of April 17th, 2024
Williams Clear Favorite to go first overall in the 2024 NFL Draft
The NFL draft odds are pretty clear, USC QB Caleb Williams is now a lock to go first overall on April 25th. The Chicago Bears, who own the top pick, have paved the way for the 2023 Heisman winner to become their new franchise quarterback. Williams' spot as 1.1 was kind of up in the air (his odds were about -1000 at the start of the offseason) but after Chicago traded Justin Fields to the Steelers we knew for sure.
After his 2023 showcase, Williams did have a 'down' year in 2024, where he saw the interception rate tick up and failed to lead USC to the College Football Playoff once again. But those minor flaws, if you even want to call them that, will not prevent Williams from being the first name called on draft day. With the talent GM Ryan Poles has now put in place around Williams in Chicago, he's a potential franchise quarterback who can carry a team to the Super Bowl in a few years — there's no doubt in my mind.
2024 NFL Draft Odds: Second Overall Pick
Player | Odds |
---|---|
QB Jayden Daniels | -300 |
QB Drake Maye | +220 |
QB JJ McCarthy | +2000 |
QB Caleb Williams | +5000 |
WR Marvin Harrison Jr. | +10000 |
This slot is where we've seen most of the movement ahead of the draft, as LSU QB Jayden Daniels has skyrocketed up to 2nd-overall favorite. It's a tough choice here between the big potential of Daniels and the high floor and safe play of Drake Maye, but the current odds seem to think the LSU man is the pick.
I might sprinkle on Maye if the odds get any longer, but given where the odds are right now, I'd bet that Daniels will go second. After a monster season with the Tigers this year, Daniels locked himself as one of the best QB prospects in this draft with a great arm and dangerous running skills. If these odds continue to move, though, I'd honestly just bet whichever of Maye or Daniels supplies the best line value.
2024 NFL Draft Odds: 3rd Overall Pick
Player | Odds |
---|---|
QB Drake Maye | -145 |
QB Jayden Daniels | +250 |
QB JJ McCarthy | +380 |
WR Marvin Harrison Jr. | +2200 |
QB Malik Nabers | +7500 |
OT Joe Alt | +7500 |
The safe pick here is for the Patriots to take Maye if he falls to third. So, for that reason I think there's some potential guaranteed betting profit here.
If I'm handicapping this draft overall, I'd put a half-unit wager on Maye to go second overall (at around +220) and then a full unit wager on him to go third at these current odds. Given where the odds currently sit, you're guaranteed to see profit as long as the UNC QB is a top-three pick.
2024 NFL Draft Odds: J.J. McCarthy Odds
Player | Odds |
---|---|
Minnesota Vikings | +105 |
New York Giants | +275 |
Washington Commanders | +275 |
New England Patriots | +350 |
Denver Broncos | +550 |
There was a point this season when J.J. McCarthy was favored to win the Heisman and looked like a potential top-10 pick in the draft. He fell off a bit since that point (still won a National Championship, though), but the JJ hype is ticking back up ahead of draft day.
The Vikings just traded back into the first round and now own the 11th and 23rd picks, which many people think they'll use to draft or trade up for McCarthy (as these odds suggest). But lately, we've heard a lot of buzz around him going third to New England. NFL Draft analyst Tony Pauline recently reported that Pats exec Eliot Wolf is "pushing hard" for McCarthy, seeing the upside of the Michigan product at QB. I get the Mac Jones comps and fear of missing out on a Maye/Daniels, but I believe the buzz. If you're going to give me big plus money on JJ to go to the Pats, I'll take it for now.
2024 NFL Draft Odds: Michael Penix Jr.
Player | Odds |
---|---|
Minnesota Vikings | +250 |
Las Vegas Raiders | +320 |
Seattle Seahawks | +400 |
Denver Broncos | +500 |
New England Patriots | +700 |
New York Giants | +950 |
The Seahawks just traded for Sam Howell to pair with Geno Smith in the QB room, but I don't think they're content with the quarterback situation. Picking in the middle of this first round gives them the perfect opportunity to snag my favorite player in the draft, Michael Penix Jr.
2024 NFL Draft Odds: 1st Non-QB Selected
Player | Odds |
---|---|
WR Marvin Harrison Jr. | -500 |
WR Malik Nabers | +300 |
OT Joe Alt | +1000 |
WR Rome Odunze | +4000 |
EDGE Dallas Turner | +5000 |
After the QBs go at the top of the draft, things start to get interesting. WR Marvin Harrison Jr. has long been expected to be the top non-QB selected after racking up massive seasons for Ohio State, but questions are starting to pop up about if he's even the top receiver in the class.
The Cardinals pick fourth, which makes them a natural home for Harrison. But in most of the mock draft projecting I'm doing right now, I have the Cards trading back. Teams like the Broncos, Raiders, and Vikings could take a QB in this draft, and move up to fourth to get their guy. If even one of those teams moves up with the Cardinals, Harrison Jr. could fall.
With questions popping up about if Harrison Jr. can separate and make defenders miss in the open field, I'm going to take the value on this board. I like Nabers at +300 and Alt at +1000 as sprinkles on the top non-QB taken this year.
Marvin Harrison Jr. has a worrisome college production profile.
— Gridiron Grading (@GridironGrading) February 8, 2024
Not many successful NFL WRs with a high contested target rate and low missed tackle forced rate.
Justin Jefferson showing up in 2018 before his college breakout is interesting.
Something to keep in mind for MHJ. pic.twitter.com/Kj4yiSthWq
2024 NFL Draft Odds: First Defensive Player Taken
Player | Odds |
---|---|
Dallas Turner | -200 |
Quinyon Mitchell | +350 |
Jared Verse | +650 |
Terrion Arnold | +800 |
Laiatu Latu | +1800 |
Byron Murphy II | +2200 |
For most of the last college season, Laiatu Latu was discussed and mocked as the top player in this defensive class. But, in the last few weeks, the UCLA pass-rusher has fallen down the boards and is now seen as a mid-to-late-first-round pick by some.
While some teams may be concerned by his early-college neck injury, I think Latu is still a great fit for teams drafting 10-15 in the upcoming Draft.
Dallas Turner seems like a natural fit to go to the Falcons at the eighth pick, but if they trade out or go a different direction, I think Latu will end up being the top defensive player selected. Grabbing this +1800 value is a smart play.
2024 NFL Draft Odds: 1st RB Selected
Player | Odds |
---|---|
RB Trey Benson | +210 |
RB Jonathan Brooks | +210 |
Blake Corum | +380 |
RB Jaylen Wright | +600 |
RB Marshawn Lloyd | +650 |
This is a pretty weak running back class, so I could see this first RB pick not happening until the late second or early-third round. For that reason, I love the value of Brooks here.
The Texas runner was great in his 11 games for the Longhorns last year, racking up 11 touchdowns on 6.1. yards per carry. The reason he won't go high, though, is his torn ACL, which happened in November against TCU. He's expected to be back for training camp, though, so I think a team will bank on his upside, especially if all the RBs fall.
Previous NFL First Overall NFL Draft Picks
Since 2001, 17 of the 23 players drafted first were quarterbacks. WR Keyshawn Johnson (1996) was the last player drafted No. 1 overall who wasn't either a QB or a lineman.
In the past 10 drafts, there were six QBs, three DL, and one OL selected first.
Year | Position | Players | School | NFL Team |
---|---|---|---|---|
2023 | QB | Bryce Young | Alabama | Carolina Panthers |
2022 | DE | Travon Walker | Georgia | Jacksonville Jaguars |
2021 | QB | Trevor Lawrence | Clemson | Jacksonville Jaguars |
2020 | QB | Joe Burrow | LSU | Cincinnati Bengals |
2019 | QB | Kyler Murray | Oklahoma | Arizona Cardinals |
2018 | QB | Baker Mayfield | Oklahoma | Cleveland Browns |
2017 | DE | Myles Garrett | Texas A&M | Cleveland Browns |
2016 | QB | Jared Goff | Cal | Los Angeles Rams |
2015 | QB | Jameis Winston | Florida State | Tampa Bay Buccaneers |
2014 | DE | Jadeveon Clowney | South Carolina | Houston Texans |
2023 NFL Draft FAQs
Where can I learn more about how to bet on the NFL draft?
If you love the NFL draft but are new to betting or love betting but haven’t put any money down on the draft before, our guide helps you understand how to bet on the NFL draft. It explains the types of bets you can make, so that you can tackle the NFL draft like Aaron Donald takes down quarterbacks.
Who is favored to be selected first overall in the NFL draft?
Alabama Crimson Tide QB Bryce Young is the current betting favorite to be selected first overall in the 2023 NFL Draft. Ohio State QB CJ Stroud and Georgia defensive lineman Jalen Carter are the next two most likely candidates to be selected first overall in the NFL draft.
What other NFL draft prop bets can I make?
NFL draft prop betting involves wagers on just about anything to do with the NFL draft and ranges from who will be the first running back drafted, to whether the No. 1 overall pick hugs his mom or dad first, to how many players from the Big 12 will be drafted in the first round.
Who has the No. 1 pick?
The Carolina Panthers hold the No. 1 pick after trading up with the Chicago Bears.
When is the NFL Draft?
The First Round starts Thursday, April 27 at 8 p.m. ET and the draft concludes April 29.
Where is the 2023 NFL Draft held?
Get ready to see lots of red, as the draft is in Chiefs' back yard at Union Station in Kansas City Missouri.