The NBA Draft Lottery is an annual event where the order of the NBA Draft's first round is determined through a random selection process.
Teams with the worst records from the previous season will have the best odds of getting the top pick, which could land them a transformative player and propel them toward future success. With so much at stake, the 2023 NBA Draft Lottery promises to be an exciting and highly anticipated event for basketball fans worldwide.
Several online sportsbooks and NBA betting sites offer wagering on the NBA Draft, including popular ones such as FanDuel, BetMGM, and PointsBet.
If you have any questions about how to place bets on the NBA Draft Lottery or the 2023 NBA Draft, refer to our expert reviews of some of the top sportsbooks!
It's important to note that sports betting is regulated differently in different regions and countries. It's essential to ensure that online betting is legal and regulated in your area before placing any wagers.
The 2023 NBA Draft will be one of the most exciting in recent memory, with one absolute star at the top and several high-ceiling players fighting for the next top position.
First, the NBA must determine who will win the right to pick first overall. The league must also determine the draft order for the remainder of the 2023 NBA Draft Lottery. Given the league's weighted odds system, chances at the top pick are better than ever.
We'll also dive into the odds behind who will be the top pick in the 2023 NBA Draft. Standing at 7'3 with the skills of a guard, Victor Wembanyama is a heavy favorite to be picked first, regardless of the team. The talent pool gets much more competitive once you look past Wembanyama.
Odds taken from DraftKings Sportsbook
Team | Record | Win % | % to Win Lottery | Sportsbook Odds |
Detroit Pistons | 17-65 | .207 | 14.0% | +550 BET HERE |
Houston Rockets | 22-60 | .268 | 14.0% | +550 BET HERE |
San Antonio Spurs | 22-60 | .268 | 14.0% | +550 BET HERE |
Charlotte Hornets | 27-55 | .329 | 12.5% | +650 BET HERE |
Portland Trail Blazers | 33-49 | .402 | 10.5% | +800 BET HERE |
Orlando Magic | 34-48 | .415 | 9.0% | +900 BET HERE |
Indiana Pacers | 35-47 | .427 | 6.8% | +1200 BET HERE |
Washington Wizards | 35-47 | .427 | 6.7% | +1200 BET HERE |
Utah Jazz | 37-45 | .451 | 4.5% | +1800 BET HERE |
Dallas Mavericks | 38-44 | .463 | 3.0% | +2800 BET HERE |
Chicago Bulls | 40-42 | .488 | 1.8% | +4500 BET HERE |
Oklahoma City Thunder | 40-42 | .488 | 1.7% | +4500 BET HERE |
Toronto Raptors | 41-41 | .500 | 1.0% | +8000 BET HERE |
New Orleans Pelicans | 42-40 | .512 | 0.5% | +16000 BET HERE |
Odds taken from FanDuel Sportsbook
Odds taken from FanDuel Sportsbook
Victor Wembanyama is a French basketball player, born on January 8, 2004. He is 7 feet 3 inches tall and is considered one of the top prospects in the world due to his unmatched size, skillset, and potential. He has shown great agility, athleticism, and coordination at his size, with a rare combination of length and mobility that allows him to effectively block shots and defend the pick-and-roll. Offensively, he has excellent touch around the basket, a growing mid-range game, and league-ready three-point shooting ability. Barring injury, many believe Wembanyama could become a top-level two-way player and a franchise cornerstone.
Scoot Henderson is highly touted for his incredible potential to become one of the league's best point guards. Born September 4, 2004, Henderson stands out with his athleticism, speed, and playmaking ability. Henderson's ball-handling skills, court vision, and passing ability set him above the rest of his class at point guard. He is also a skilled scorer with an improving outside shot and NBA-ready finishing ability at the rim. Defensively, he showcases quick hands, good lateral movement, and an ability to defend from day one in the NBA. While he has yet to be able to push Wembanyama out as the favorite to go first overall, Henderson's potential is top-pick quality.
Brandon Miller possesses diverse offensive skills, with the ability to hit contested shots, drive past solid defenders, and utilize slick finishing moves around the rim. Although Miller excels as a pull-up and step-back shooter, his three-point shooting still lacks consistency. Defensively, Miller showcases solid shot-blocking, versatility in guarding multiple positions, and solid off-ball awareness. However, Miller has failed to show elite athleticism and still needs to improve his strength, finishing ability, and shot selection. While he's a savvy offensive player for his age with a high ceiling, Miller still has room to grow.
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In September 2017, the NBA changed the lottery system for the 2019 NBA Draft and beyond. The change was made to create a more competitive environment and limit "tanking." the new format ensures that the team with the worst record will receive no worse than the fifth pick, whereas before, they would pick no lower than the fourth.
The new system's goal is to make the odds more even for the top picks. Now, the three teams with the worst regular-season records each have a 14 percent chance of winning the lottery. Previously, the team with the top seed had a 25 percent chance, the second seed had 19.9 percent, and the third seed had 15.6 percent.
Drawings will occur using ping pong balls representing each team's weighted chances to receive every pick. That drawing will determine the first 14 selections in the upcoming NBA Draft.
The 2023 NBA Draft Lottery will be broadcasted on ESPN. The event can also be streamed on the ESPN or WatchESPN app.
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