Betting on The NFL Draft

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The 2022 NFL Draft took place between, April 28 and Sunday, April 30, 2023. While most people probably don't think about the draft as a big-time gambling event, but it's grown as a betting opportunity in recent years. With the rise of online gambling of all sorts, from online casinos to sportsbooks, events like the NFL Draft have gone from hardcore football nerd ptliga  to gambler's dream weekend. Here is everything you need to know about the ins and outs of betting on the NFL Draft.
No Drama in the #1 Pick
Many years there is an argument at the top of the draft board over who goes number 1 overall and this is always a fun place to bet. The years when there is two viable top of the draft options are always the best whether it is Peyton Manning vs Ryan Leaf or a more recent example like Jared Goff vs Carson Wentz.
In 2020, there will be no such drama unless something truly crazy and unexpected happens. LSU quarterback Joe Burrow is the odds-on favorite to be the number 1 overall pick whether it is by the Cincinnati Bengals or someone else who trades up for it. Burrow's odds are at -2200 to be the pick and the next closest player is Chase Young, the Ohio State defensive end at +1200. The moral of the story here is to stay away from betting on the top pick this year.
Betting on Picks 2 -5
This year, the smart money and the action as far as betting on where people will go will be on picks 2 through 5. The Redskins at pick number two are a little bit of an exception but picks 3 through 5 for sure will be fun to wager on.
At pick 2, conventional wisdom says that they will go with Young but if you know anything about the Redskins, they are anything but predictable. Following the NFL Draft combine, there have been whispers that the Skins might take injured Alabama quarterback Tua Tagovailoa with the second pick. While this still seems unlikely, there could also be a trade up for the banged-up signal-caller so betting on Tagovailoa at 2 could make you some money.
As for 3 to 5, this will almost certainly be some combination of Tagovailoa, Clemson's Isaiah Simmons, and Ohio State's Jeff Okudah. Figuring out which order these 3 players will leave the green room in should win you a nice chunk of change to get your 2020 Draft betting off to a solid start. You can bet on these results in the form of over/ under draft position or via the money line if you think you can hit it exactly.