Image for Mike Lukas Mike Lukas - November 8, 2022

NFL Draft Odds - How to Bet on the NFL Draft 2022

  • The 2022 NFL Draft is Scheduled for April 28-30 in Paradise, Nevada
  • The Jacksonville Jaguars Have the Number One Overall Pick
  • First Pick Favorite: Evan Neal, the Alabama Offensive Tackle

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Nfl Draft Odds How To Bet Nfl Draft

Avid NFL gamblers know that the league’s six-month offseason still offers plenty of opportunities to place bets including the upcoming yearly draft of the best young available talent, always a fertile source of tempting odds and juicy wagers.

Before you crack open your betting kitty, though, have a quick look at some of these best ways to bet on the 2022 NFL Draft, including some early odds and betting markets that favor the football gambler by giving you a better insight into which of these wagers might be wise.

This will be the 87th NFL Draft and it takes place the last weekend in April in Paradise, Nevada, and now the event has become more entertaining than ever with at least the first couple of rounds worth watching, an exciting NFL offseason weekend that gives bettors plenty of chances to gamble.

Good luck – win big!

NFL Draft Odds and Betting Markets

There are lots of ways to put money on the 2022 NFL Draft, each bet with its own set of odds, favorites, and underdogs, so make sure you look around and see which sites offer the best numbers for whatever wagers turn your head.

The most popular NFL Draft bet is on which player will be selected first overall, an honor that he will carry with him for the rest of his pro career and one that sets expectations at a high level, especially for a total newbie in league.

For example, here are the top-three selections for this year’s first-pick honor taken from DraftKings:

2022 NFL Draft – First Overall Pick Odds
Aidan Hutchinson, DE, Michigan +250
Ikem Ekwonu, OT, NC State +450
Evan Neal, OT, Alabama +2500

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The oddsmakers also have been busy predicting when each of these young college players will get selected in the draft, so it is possible to bet the over/under of your favorite player’s draft position.

For all the best NFL Draft odds and more, check out our favorite sportsbooks where it’s simple to place your own bets.

NFL Draft Betting Tips

Like any gambling venture, it is travel at your own risk, but there are a few things to keep in mind that will make your gambling journey a little safer:

  • Be sure to only place bets using a regulated sportsbook – otherwise, there is no guarantee that your wager will be handled professionally from start to finish.
  • Check the odds at various sites because they can vary depending on where you look – shop around and get the best odds for whatever wagers you decide to place.
  • Set a gambling budget and stick to it – never wager what you cannot afford to lose.
  • Do your research – each bet that oddsmakers offer has its own share of factors that can affect it, including injuries, weather, physical health, and prior statistics.
  • Remember – the favorites don’t always win and the underdogs at the NFL level often come through, so ‘read the room’ to find out which teams and players are the hungriest.

Best Sites to Bet on the NFL Draft

Placing bets online used to be risky back when the only option for sports gamblers was to use one of the many unregulated offshore sportsbooks available, but that was a dodgy way to place bets that took a lot of trust that winners would get paid.

Now with over thirty states (and counting) offering some form of legal sports betting for residents, there are plenty of trustable online sportsbooks to work with, including some of our favorites like Caesars, BetMGM, FanDuel, and DraftKings.

Betting online is easy to do now – just set up an account, safely link a bank account, deposit some money, and start making bets – and as more and more states launch their own legal sports betting market, access to exciting wagers is only a few clicks away.

How to Watch the 2022 NFL Draft

2022 NFL Draft Information
What2022 NFL Draft
WhereAllegiant Stadium in Paradise, Nevada
WhenThursday, April 28 Round 1 8 p.m. ET

Friday, April 29 Rounds 2-3 7 p.m. ET

Saturday, April 30 Rounds 4-7 Noon ET

How to watchESPN, ABC, NFL Network, ESPN Deportes

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NFL Draft Odds FAQ

What is the NFL Draft?

The NFL Draft is the yearly event where the National Football League’s 32 franchises gather to select the best college players available that year, the event originating back to 1936 when the first NFL Draft was held.There are seven rounds worth of selections, with each team going ‘on the clock’ while they make their pick, having 10 frantic minutes to do so in the first round, 7 minutes in the second and third rounds and just 5 minutes for all the remaining rounds.Each of the 32 teams is given one pick per round, plus some receive what’s called ‘compensatory picks’ that are awarded to teams based on the players they lost and gained in free agency.

How Is the NFL Draft Selection Order Decided?

The drafting selection order is based on each team’s win/loss record from the prior season and whether they made it into the playoffs, with the teams that did not make the postseason given the higher picks.When two teams have the same final record, there are several factors used to determine which of the two gets the better pick:Strength of the previous schedule.Teams in the same division and conference have other playoff tiebreakers applied in the specified order.Teams in opposing conferences use a series of tiebreakers, including head-to-head results and win percentages of common games.

Which Team has the First Draft Selection in 2022?

The NFL Draft order in 2022 has the Jacksonville Jaguars selecting first overall after finishing their 2021 season with a final record of 3-14 and in last place of the AFC South, their first-time head coach Urban Meyer getting fired in the middle of the season with veteran HC Doug Pederson now in that role.The next nine first-round picks belong to the following franchises:Detroit Lions, Houston Texans, New York Jets, New York Giants, Carolina Panthers, New York Giants, Atlanta Falcons, Denver Broncos, and the New York Jets.

Which NFL Team has the Most Selections?

When it comes to the value of a team’s draft capital, it isn’t necessarily based on the overall number of picks each team has but on the quality of those picks, and this season the team with the highest draft value is the New York Jets, their nine picks valued at 4,615.1 in the draft power rankings.The team with the greatest number of picks is the Jacksonville Jaguars with 12 (including the first overall), but their overall draft value is ranked third at 4,268.2, with the New York Giants and their nine picks earning the second-highest draft value at 4,329.0.Watch for mid-draft trades to take place since that can affect which players are selected and when they go since each team has its own set of needs that float across all the various positions on the field.

Which NFL Team Has the Fewest Selections?

There are two teams with the fewest selections in this year’s NFL Draft, with the New England Patriots and the Chicago Bears both with just five picks overall.The Patriots (1,379.8) are ranked 18th in draft value this year and the Bears (827.2) are ranked 29th overall, so that means that New England has the more valuable five picks.

How is the NFL Draft typically produced?

Up until 1980, the NFL Draft happened privately with the results shared in the newspaper at the end of each day.Then along came ESPN and commissioner NFL Pete Rozelle who took a chance that a televised version of the draft might draw an audience.They were right, and since then the event has grown exponentially in popularity and is aired on various networks (ESPN, ABC, NFL Network, ESPN Deportes) in a packed room filled with thousands of screaming fans and nervous athletes.

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Mike Lukas

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Mike Lukas is a retired standup comedian turned freelance writer now living in Dallas, Texas, originally from Cleveland, Ohio. His love for the game of football and all things Cleveland Browns turned Mike into a pro blogger years ago. Now Mike enjoys writing about all thirty-two NFL teams, hoping to help football gamblers gain a slight edge in their pursuit of the perfect wager. Email: [email protected]

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