Bet on the NFL Draft

Is one of the most important events in the NFL. And even if you have never bet on the NFL DRAFT before, there is a lot to understand about it. 

Here the guide will help you get up to speed on everything you need to know about this year’s draft, from how the odds work to some tips to improve your winning chances.

From next April 28 to 30, the NFL Draft will take place.

This event is special for football fans as it allows them to catch some action before the regular season starts. And it is that American football is considered one of the most popular sports to bet on.

How do NFL Draft odds work?

When bet on the NFL Draft, you generally have to decide between two possible outcomes: the over or under position in the Draft or the number of picks from a given position that will be chosen.

The odds for these propositions are usually available online at sportsbooks before the draft begins.

In a few words, you must choose from a select group of players who will be the first overall pick or who will be the first player selected at a given position.

The most common bet

The most common type of bet in the Draft is who will be the first overall pick.  Betting options will focus on the top prospects, especially in the skill or important positions within a team like a quarterback. In addition, their potential destination is also considered, as well as the place where they will be recruited.

Bet options according to position

Another betting option is based on the positions of the players, this seeks to define who will be the first selected quarterback, running back, or receiver. Gamblers will also be able to bet on how many players of a certain position will be selected in the first round or overall.

Money line in the NFL Draft

When entering any sportsbook, you will find the Moneyline as follows:

2022 Number 1 Draft Pick

Travon Walker-190

Aidan Hutchinson +225

Ikem Ekwonu +450

Kayvon Thibodeaux +5000

 Walker is the favorite to be selected first. This is easy to determine since he is the player with the lowest odds and a minus sign in front of the odds.

The rest of the players have fewer possibilities and as he increases his quota, his possibilities decrease. Therefore if you bet on Walker it is a safe bet that he will pay little. But if you bet on Thibodeaux, it is a high-risk bet, but it can pay off well.

We recommend using a betting calculator to determine how much you can win based on each player’s odds and the amount you want to bet.

Over/Under Bet Bet on Draft Position

Another betting option you have is over/under. In this case, you are betting on whether a player will be selected from a range of places. For example, let’s look at the case of Ekwonu.

Ikem Ekwonu OVER 12.5 pick 110 / UNDER 12.5 pick -150

In this case, if Ekwonu is selected between 1st and 11th place and you bet the Over, you will have to bet $100 to win $110.

If you bet on the Under, which means that the player will be selected 12 or later then you must bet $150 to get a profit of $100.

The Best Betting Strategy

  Want to make money betting on the NFL Draft, it is best to do it live.

By using the live betting platform, you can adjust your strategy as the event unfolds, and you will be able to receive the most up-to-date odds.

 A small move such as a player who was projected to be selected in the sixth round being selected in the first round has a huge impact on the rest of the betting lines.

By placing your bets live, you can take advantage of each selection and each movement that occurs in the event in your favor.

The best sportsbook

Are you looking to place bets on the NFL Draft, basketball playoffs, or other major sporting events? VIP Sportsbook is one of the best bookmakers on the market and offers gamblers everything they are looking for. With great odds and a variety of betting options, VIP Sportsbook is the perfect place to get involved in the exciting world of sports betting.