Caleb Williams is an overwhelming favorite to be taken first
J.J. McCarthy is a huge domino in the 5-10 range
The first four draft picks could be used on QBs for the first time ever
The 2024 NFL Draft will take center stage with the selections of 32 first-round picks on Thursday, followed by the second and third rounds on Friday, and the remaining rounds on Saturday.
USC QB Caleb Williams is a near-guarantee to have his name called first by Roger Goodell. The rest of the draft is more of a mystery, as the odds are still fluctuating as new information and rumors are revealed.
Here are the odds for many of the best 2024 NFL Draft betting markets, including odds for the top 10 picks, the number of quarterbacks drafted in the first round, and much more.
2024 NFL Draft Odds: First Overall Pick
All odds listed below are courtesy of DraftKings Sportsbook and are current as of April 24, 2024. Click our exclusive link to sign up and claim a $200 bonus when you bet at least $5.
Player
Odds
Caleb Williams
-20000 BET HERE
Jayden Daniels
+2500 BET HERE
Drake Maye
+3500 BET HERE
Marvin Harrison Jr.
+5000 BET HERE
J.J. McCarthy
+6000 BET HERE
Bo Nix
+10000 BET HERE
Michael Penix Jr.
+10000 BET HERE
Kool-Aid McKinstry
+30000 BET HERE
Joe Alt
+30000 BET HERE
JC Latham
+30000 BET HERE
Best NFL Draft Sportsbook Promos
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Williams has an implied probability of more than 95 percent to be the first player taken in the 2024 NFL Draft. The 2022 Heisman winner excelled in every statistical category, passed the eye test with flying colors, and is considered by many to be a generational prospect. His personality and decision-making during the pre-draft process left some concerned, but not enough to knock him off the top spot in all likelihood.
Jayden Daniels (+2500)
Daniels is favored to go to the Washington Commanders with the second pick. He won the Heisman in 2023 with a jaw-dropping stat line of 4,946 total yards, 50 total touchdowns, and only four interceptions. There are concerns that his slight frame and reckless style of open-field running could become a long-term concern, but to his credit, he avoided a major injury during his five-year college career.
Drake Maye (+3500)
Maye started the offseason as the favorite to be taken second but now appears as if he will be the third player taken. At only 21 years old, his best football is still well ahead of him; he has an extremely strong arm and can make plays outside of the pocket, both of which are perfect for the modern NFL. His concerns are that he doesn’t know when to accept defeat on a play, but he also did not play with an overwhelmingly talented team at North Carolina.
Marvin Harrison Jr. (+5000)
Harrison Jr., the son of former Indianapolis Colts legend Marvin Harrison, is a generational talent. At 6-foot-4, he’s fast, strong, tall, a great leaper, and a fantastic route technician. He could easily have the same immediate impact as Justin Jefferson and Ja’Marr Chase did after racking up 1,211 yards and 14 touchdowns at Ohio State last year.
J.J. McCarthy (+6000)
McCarthy is a divisive figure in the draft. While his former college coach at Michigan, Jim Harbaugh, whom he won a national championship with, called him the best QB in the draft, he was not given anywhere near the same workload as other top prospects. McCarthy is mobile and can put air under the ball, but the teams that are high on him are banking more on moments and potential than they are raw statistics.
2024 NFL Draft Betting Promos
Anyone interested in earning special prizes for betting on the NFL Draft can do so by signing up with any of our sportsbook promo codes. These codes can only be used once, but there is no limit as to how many codes a user can redeem.
Consult all of the markets that are available before deciding to plunge on a particular line. Don’t worry about being starved for choice, as the top sportsbooks have tons of options to pick from.
Once a market has been determined where the bettor believes they have a particular edge, consider all viable picks. These could be viable because of the options, odds value, logical fit, or anything else—just make sure the reasoning is solid.
The NFL Draft is one of the few times the public regularly beats the sportsbooks, which means there are more than enough markets to ensure bettors continue their winning streak. Don’t rush into any decisions and go through the proper steps, including… research! Scroll down.
Research
Knowledge is power in every shape and form.
During the build-up to the NFL Draft, always consult reports from local credible journalists, publications, and sources. These are often where the best information comes from since these people have the closest relationships with team officials.
Do not use mock drafts or opinion pieces as the end-all-be-all for reasoning, but take them into consideration. Experts are well-informed and combine their analysis with rumblings from around the league, though be aware that they also have the power to shift betting odds.
Line Shop
Compare odds across multiple sportsbooks once a bet has been chosen to guarantee the highest potential payout.
This is an evergreen betting tip that is applicable to every style of bet, every time, and in any market.
Certain sportsbooks won’t have the same types of markets available as others, which can make the line shopping process short and sweet. If there are multiple sportsbooks with the same market, check to make sure their odds aren’t different before the bet is placed.
Where: Campus Martius Park and Hart Plaza, Detroit, MI
Date: April 25: 8:00 p.m. ET; April 26: 7:00 p.m. ET; April 27: 12:00 p.m. ET
TV: ABC, ESPN, ESPN Deportes, NFL Network
NFL Draft Odds FAQ
What is the NFL Draft?
The NFL Draft is an annual event during which amateur or professional football players in non-NFL leagues are selected by the league’s 32 franchises. A total of 224 picks are made across seven rounds, and the final pick of the draft is nicknamed “Mr. Irrelevant.”
How is the NFL Draft order determined?
The NFL Draft order is the inverse of teams’ records from the previous year for the 18 teams that didn’t qualify for the postseason. The team with the worst record gets the first pick, and the team with the best record of the 18 gets the 18th. From there, the order is based on the inverse of playoff results, meaning the Super Bowl champions pick last.
Which team has the first pick in the 2024 NFL Draft?
The Chicago Bears own the rights to the first pick in the NFL Draft. It is widely expected that they will select USC QB Caleb Williams with that pick.
Which team has the most picks in the 2024 NFL Draft?
The Arizona Cardinals, Green Bay Packers, and Los Angeles Rams all have a joint-league-high 11 picks in the 2024 NFL Draft.
Which team has the fewest picks in the 2024 NFL Draft?
The Bears have the fewest picks in the 2024 NFL Draft with four, though two of those are in the top nine. One is expected to be used on Caleb Williams, while the other could potentially bring in a receiving threat such as Rome Odunze, more line help, or a strong defensive presence.
What can I bet on during the 2024 NFL Draft?
Bettors can wager on a wide variety of markets and outcomes during the 2024 NFL Draft. Examples include which player a team will take, what pick a player will be taken with, whether more or less than 4.5 quarterbacks will be taken in the first round, how many ACC players will be taken in the first round, the first defensive player to be selected, and if Malik Nabers will be taken ahead of Marvin Harrison Jr., along with much, much more.
Grant is a sports and sports betting journalist who prides himself on delivering breaking news and insightful analyses of the industry. Grant graduated from Virginia Tech in 2021 and is feverishly pursuing his ambitions in the sports betting field.
In his free time, Grant can be found passionately watching sports, doing a workout, or searching for adventure with his friends.
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