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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
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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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With its sleek and user-friendly interface, BetMGM provides a consistent and exciting betting experience across many sports, particularly basketball, including the NBA. The platform features competitive odds, a vast selection of betting markets, and enticing promotions to enhance the excitement for users.
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WynnBet is an emerging online sports betting and casino platform that offers a premium betting experience. Focusing on providing a sophisticated betting experience, WynnBet offers a range of betting options for sports enthusiasts, including basketball, such as the NBA.
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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.
The 2023 NBA Draft Lottery is scheduled for Tuesday, May 16, at 8:00 PM EST.
A "lottery pick," in the context of the NBA Draft, is a designated selection for an NBA team during that respective year's NBA Draft. Fourteen teams qualify to be in the lottery, most easily recognized as those that failed to qualify for the NBA Playoffs that season.
The 2023 NBA Draft Lottery will be hosted at Barclays Center in Brooklyn, NJ, home of the NBA's Brooklyn Nets.
The NBA Draft Lottery weights the chances for teams to secure higher draft picks based on their regular-season records and win percentages. The system is designed to provide teams with worse records with a higher likelihood of obtaining a top pick while still allowing for some unpredictability.The worst three teams in the most recent NBA season receive the best odds to draw the first overall pick (14.0%). The odds to pick first overall are reduced from the fourth to fourteenth team based on win percentage in descending order - from 12.5% to 0.5%.
The winner of the first overall pick in the 2023 NBA Draft will be decided at the 2023 NBA Draft Lottery!Currently, the teams with the best odds to win the 2023 NBA Draft Lottery are the Detroit Pistons, Houston Rockets, and San Antonio Spurs.
The NBA Draft Lottery determines the NBA Draft order for the teams that did not qualify for the playoffs. For non-lottery teams, the pick order is decided by the win record from the most recent regular season. From picks 15-30, teams will select based on their regular season finish in ascending order. The 15th-ranked team in the NBA will receive the 15th overall pick, while the first-ranked team from the regular season will select the 30th overall. The order can also be affected by previous or even draft day trades.
No player is obliged to participate in the NBA Draft. However, to sign a contract with or play for an NBA team, a player must have been eligible for selection in at least one NBA Draft or, at most, two NBA Drafts.
The age limit to declare for the NBA Draft is 19 during the calendar year of the draft they've declared eligibility for. Traditionally, that means a player must be at least one year removed from the final year of high school eligibility before being able to declare for the NBA Draft.
There is no maximum age limit for players participating in the NBA Draft. Unlike the age requirement that mandates players be at least 19 years old and one year removed from high school, there is no upper age restriction. If a player meets the eligibility criteria, such as being at least one year removed from high school, they can enter the NBA Draft regardless of age.
Only First Round Picks receive guaranteed rookie-scale contracts in the NBA Draft. Second Round picks do not receive guaranteed contracts and are eligible to be signed for standard rookie contracts, two-way contracts, or to play in another league while their team retains their rights within the NBA. Ultimately, the NBA Draft determines which team controls the rights to a player but doesn't always ensure a contract.
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AUTHOR
Christian Jope
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Christian Jope is a writer, social media strategist, and data analyst. A Queen’s University Alumni, Christian is an author and social media strategist with Raptors Cage, while also working closely with MLSE and Canada Basketball through community-driven events.
Email: [email protected]
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