2023 NFL Draft Odds: Bryce Young Odds-on Favorite To Go No. 1

• The 2023 NFL Draft is scheduled for April 27-29 in Kansas City, Missouri
• The Carolina Panthers have the number one overall pick
• Bryce Young is the sportsbooks' favorite to be drafted number one overall

After months of speculation on where the top prospects will land, the 2023 NFL Draft is just days away.

Over the three-day, seven-round event, well over 200 college athletes will hear their names called as they continue with their football playing careers.

On the first day of the draft, April 27, we’ll hear 31 players called who will aim to make a massive impact in their rookie seasons.

Yes, there are only 31 picks in the first round this year due to the Miami Dolphins tampering with Tom Brady and Sean Payton. 

Here, we’ll focus on the first round, especially the No.1 overall pick owned by the Carolina Panthers. 

All odds listed below for the No. 1 overall pick are courtesy of DraftKings Sportsbook. Click our exclusive link to sign up and claim a $150 bonus when you bet $5 on any pre-game moneyline. 

2023 NFL Draft Odds: First Overall Pick

Odds from DraftKings, correct as of April 24.

As you can see, there’s a clear stance here on who the odds-on favorite is to go No. 1 overall, as Alabama’s quarterback Bryce Young is -1600, meaning you’d need to wager $1600 to win $100. Conversely, the five players after him are all “+” odds. 

If you’re in a state with multiple online sportsbooks, you can always compare and contrast to find the player/odds combination that works best for you. 

Here is a breakdown of the top 5 favorites to go No. 1 overall.

Bryce Young (-1600)

Coming out of Alabama, the main concern with Young is his size. At five-foot-ten and around 200 pounds, Young will be the smallest starting quarterback in the league, even behind Kyler Murray.

While Young doesn’t possess the mobility Murray does, there’s not a quarterback better in this class than Young when you consider his ability to feel pressure and target players over the middle of the field. He’s Drew Brees-like and should be the No. 1 overall selection. 

CJ Stroud (+800)

There were multiple weeks where Stroud was slated as the favorite to go No. 1 overall. We saw clips of him talking with Panthers quarterbacks coach Josh McCown. 

Stroud is an accurate passer, but there are some flaws to his game. We saw a quarterback worthy of No. 1 overall in his final college game against Georgia. Still, in all his college games before that, Stroud struggled against pressure. 

Also, his supporting cast at Ohio State was perfect. Sure, the Panthers roster is far from the worst in the league (they originally had the No. 9 overall pick), but it won’t be set up as easily for him as it was with Ohio State. 

Anthony Richardson (+1500)

If the Panthers just couldn’t get on board with Young, my recommendation would be Richardson at No. 1 overall. You worry a bit about the completion percentages in college, but some of that definitely had to do with the team around him. 

Regardless, there’s no athlete better than him at the quarterback position and he would immediately provide the Panthers with a rushing attack floor much higher than most teams in the league. 

Will Levis (+4000)

Levis and Stroud are much closer than people want to give Levis credit for. In fact, in year one, if we were to see how Stroud and Levis performed if they were both somehow able to play for the Panthers, it would likely be quite close and wouldn’t be shocking if Levis came out ahead.

Why?

Playing for Kentucky and surrounded by an atrocious supporting cast will benefit Levis because the Panthers squad would allow Levis a bit more time in the pocket where he’s already willing to stand in and take hits. We also saw Levis get quite mobile in 2021. However, this wasn't so much the case in 2022 due to lingering injuries.  

He possesses all of the tools, but the tape is lacking. Is this because of him, his team, or a combination? 

Will Anderson Jr (+15000)

Anderson is a phenomenal player, but there’s no way the Panthers traded all those assets to move up to No. 1 overall for an edge rusher. He’s a fantastic candidate to go No. 2 overall, but if you were to wager on him to go No. 1 overall, you’d be wasting your money. Please don’t do it.

2023 NFL Draft Betting Promos

If you're signing up to a sportsbook just for the Draft, or looking for a bonus to take advantage of, check out the two offers below and follow the links to claim an unmissable offer.

• Get up to $1,250 on Caesars: if your first bet loses, Caesars will give you a bet credit equal to your wager up to $1,250. Use promo code WSNFULL during sign-up to claim.
• Get up to $1,000 in bonus bets at BetMGM: if your first bet loses, BetMGM will refund the entire value of the bet in bonus bets up to $1,000. Click here to claim.

2023 NFL Draft Top 10 Odds

Odds from DraftKings, correct as of April 24.

2023 NFL Draft No. 2 Pick Odds

Odds from DraftKings, correct as of April 24.

Total QBs Drafted in the First Round

Odds from DraftKings, correct as of April 24.

Total Running Backs Drafted in the First Round

Odds from DraftKings, correct as of April 24.

Total Wide Receivers Drafted in the First Round

Odds from DraftKings, correct as of April 24.

Total Tight Ends Drafted in the First Round

Odds from DraftKings, correct as of April 24.

Total Offensive Linemen Drafted in the First Round

Odds from DraftKings, correct as of April 24.

Total Defensive Backs Drafted in the First Round

Odds from DraftKings, correct as of April 24.

Total Defensive Players Drafted in the First Round

Odds from DraftKings, correct as of April 24.

Total Offensive Players Drafted in the First Round

Odds from DraftKings, correct as of April 24.

First Non-QB Drafted

Odds from DraftKings, correct as of April 24.

How To Bet on the NFL Draft

Evaluate Prospects

Before betting on the NFL Draft, we strongly encourage you to learn more about the prospects. Understanding the talent level of these players and prospective team needs, tendencies, and following reports is paramount. 

For the 2023 NFL Draft, the deadline to declare was January 16, 2023. After this, players will participate in various events, including the Senior Bowl (February 4), East-West Shrine Bowl (February 2), NFL Scouting Combine (February 28 - March 6), Pro Days (throughout March and through early April), and top-30 visits (deadline of April 19). 

These events and dates will provide additional data points for analysis and help determine the No. 1 overall pick prospects. 

Reading NFL Draft Betting Odds

All NFL Draft bets will be moneyline-like bets. For example, when betting on the No. 1 overall pick, you’ll be betting on a player that has odds associated with him.

These odds include “-” and “+.” The higher the number with “-” odds, the more favored that player is. If you have “+” odds and a higher number, the outcome is less likely.

Looking at this through the lens of winning $100 and wagering $100, let’s provide some examples:

• If a player is -200, you must bet $200 to win $100.

• If a player is +350, you’ll win $350 with a successful $100 bet. 

Choosing an NFL Draft Sportsbook

Depending on your state, there may be multiple sports betting options. If so, you may be confused as to where to go.

First and foremost, you can create an account at any or all of them. However, I recommend reading our reviews of each to get a better feel for the site. If you like what you see, we’ll have exclusive sign-up links available that you can use to get a bonus for signing up. 

NFL Draft Betting Markets

There are multiple ways to bet on the NFL Draft. The markets may be more or less depending on where you play, but examples of things you’ll be able to bet on include:

• The top 10 overall picks

• Draft position for individual players

• Number of players drafted at a position in the first round

• Positions drafted first by specific teams

• And many more!

NFL Draft Betting Tips

While we can never guarantee wins on any wagers, there are some general tips and tricks you can take with you when wagering on this event to put yourself in the best position possible. 

• Bet at regulated and legal online sportsbooks only.
• Be prepared to hedge your bets as odds on players change on almost a daily basis.
• Monitor reports, workouts, Pro Days, and the NFL Combine to see how players perform.
• Follow NFL Draft analysis like you’ll find here at WSN for the most up-to-date and educated information. 
• Decide on a budget and stick to it. 
• Don’t be afraid to odds shop—if multiple online sportsbooks are available in your state, compare and contrast odds for the best value.

Best Sites to Bet on the NFL Draft

• Caesars Sportsbook
• BetMGM
• bet365
• FanDuel
• DraftKings
• BetRivers
• Unibet
• PointsBet

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.

Previous No. 1 Overall Draft Picks

How to Watch the 2023 NFL Draft