18+ Guide To NFL Draft Betting

betting on the NFL Draft logoEach April, all 32 NFL Teams gather to select the best players that college football has to offer, and online sportsbooks keep busy each spring producing NFL Draft odds where patrons can earn some extra cash by making the right pick.

Our 18+ guide to NFL Draft betting reveals how the odds work at online NFL sportsbooks that provide their services to 20 & under patrons and where it can be wagered on by gamblers who are under the age of 21. The NFL Draft receives the most action after betting on the Super Bowl concludes each year, so read on to learn how to make a winning selection that won’t bust.

Best 2024 NFL Draft Betting Sites For Over 18

Bovada Sportsbook Logo50% Bonus
Up To $1,000
5/5Visit SiteReview
BetUS125% Bonus
Up To $3,125
4.8/5Visit SiteReview
Bookmaker.eu Logo50% Bonus
Up To $500
4.1/5Visit SiteReview
Betonline Sportsbook Logo50% Bonus
Up To $1,000
4.2/5Visit SiteReview
Sportsbetting.ag Logo50% Bonus
Up To $1,000
4.1/5Visit SiteReview

How To Bet On The 2024 NFL Draft

When betting on the 2024 NFL Draft, the same strategies utilized by pro football franchises can be employed by gamblers because in both cases, the “best” players are being selected from a field of potential options.

Typically, only the players at the top of the first round are featured in individual draft pick odds. NFL Draft betting asks which player will be selected at the top few spots, and then the focus turns to props for how many of a particular position is selected in a given round, how many players are picked from a given school or conference, and other headline-grabbing wagers.

Vegas odds on the NFL Draft are offered with moneyline odds placed next to each potential outcome. Wagers can be made on the player eighteen and over bettors believe will be selected, but attention must be paid to the money line odds.

Here is an example of an NFL Draft prop bet:

Will A QB Be Selected #1 Overall In The 2024 NFL Draft?

  • Yes -2000
  • No +1500

Because “yes” is such a likely outcome, oddsmakers are not willing to risk much against it and require bets of $20 to earn $1.

Over 18 bettors can earn some profitable winnings if they are willing to risk money wagering on the underdog in this NFL prop bet. A bet of $1 will earn $15 if a non-QB is selected at the top of the draft.

Most, if not all, NFL Draft lines will appear like the one above, with the only variable being additional outcomes to bet on.

NFL Draft Prop Bets

The top 18+ sportsbook sites in the industry offer the best NFL prop bets for the draft on the web each year that are tailor-made to include odds that are of interest to all fans of pro football.

We’ve detailed how the odds operate in the section above, but we’ve not yet covered the vast variety of 2024 NFL Draft prop bets that could potentially hit the boards toward the end of April each year. NFL prop bets for the draft routinely include:

  • What Player Will Be Drafted 1st Overall, 2nd Overall, etc.
  • Total Positional Players (QB, WR, etc.) Drafted In A Given Round
  • Total Players From A College Drafted In The 1st Round/Overall
  • First Overall Selection For A Given NFL Team
  • Total Players From A Conference Drafted In 1st Round/Overall
  • Player Pairings That Ask Who Will Be Drafted First
  • Will A Team’s First Selection Be For Offense Or Defense?
  • Who Will Be Mr. Irrelevant – The Last Pick Of The Draft?

2024 NFL Draft Odds

The 2024 NFL Draft betting odds are now on the boards and we have posted the latest lines below from the top online sportsbooks that offer their services to 18 and over customers.

2024 NFL Draft Odds For First Overall Draft Pick

  • Caleb Williams -425
  • Drake Maye +300
  • Marvin Harrison Jr. +1000
  • Jayden Daniels +2500
  • Michael Penix Jr. +3300
  • Olumuyiwa Fashanu +5000
  • J.J. McCarthy +5000
First Round
  1. Chicago (From Carolina)
  2. Washington
  3. New England
  4. Arizona
  5. LA Chargers
  6. NY Giants
  7. Tennessee
  8. Atlanta
  9. Chicago
  10. NY Jets
  11. Minnesota
  12. Denver
  13. Las Vegas
  14. New Orleans
  15. Indianapolis
  16. Seattle
  17. Jacksonville
  18. Cincinnati
  19. LA Rams
  20. Pittsburgh
  21. Miami
  22. Philadelphia
  23. Cleveland
  24. Dallas
Teams Still Alive In The 2023-24 NFL Playoffs (NFL Draft Order To Be Determined)
  • Green Bay
  • Tampa Bay
  • Houston
  • Kansas City
  • Buffalo
  • Detroit
  • San Francisco
  • Baltimore

When Is The 2024 NFL Draft?

  • Round 1 – Thursday, April 25 at 8 PM on NFL Network and ESPN
  • Rounds 2-3 – Friday, April 26 at 7 PM on NFL Network and ESPN
  • Rounds 4-7 – Saturday, April 27 at 12 PM on NFL Network and ESPN

Live NFL Draft Betting

Live betting typically refers to odds that can be wagered on while a game is in play. When it comes to betting on the NFL Draft, all odds are live, as lines do not cash in until the proposed selection has been made.

Live bets can be made on the NFL Draft at any time up and until the Commissioner reads the selection at the podium, but as the event draws near, the odds shrink and become less profitable. Higher winnings can be achieved by betting on NFL Draft props well in advance.

18 & Up Mobile Betting Options

Don’t hesitate to bet on your iPhone, iPad, or Android-powered device because the over-18 NFL betting apps we recommend can be accessed on the go on all major smartphones and tablets. Over 18 mobile sportsbooks offer the same features as their online counterpart, all in the palm of your hand.

Just click on one of the links we’ve provided in the table above using a current mobile browser (Opera, Google, Safari, Chrome, Firefox), and your handheld device will be granted access to all the NFL Draft odds on the board, as well as lines on the most popular pro and college sports that are in play.

Funding Options For Over-18 Bettors

Deposit Withdrawal
  • Debit/Credit Cards
  • Wire Transfer
  • Voucher
  • Cashier’s Check
  • Money Transfer Services
  • Zelle
  • Venmo
  • PayPal
  • Cryptocurrency
  • Wire Transfer
  • Cashier’s Check By Courier

Bitcoin Betting On The NFL Draft

Of all the choices featured in the above 20 & under sportsbook banking options, cryptocurrencies like Bitcoin are the most advantageous for 20 and under bettors.  But why should fans of the NFL Draft bet with Bitcoin? Here are a few reasons why you should strongly consider using BTC for deposits and withdrawals:

  • Fastest Deposit Times
  • Only Withdrawal Method That Can Transact In Less Than 24 Hours
  • Increased Deposit Matching Bonuses
  • State Of The Art Encryption Via Blockchain

Deposit Matching Bonus Offers

Each time an 18+ member of an online sportsbook makes a deposit into their bankroll, they’ll be eligible for a bonus offer that matches a portion of that total. The terms and conditions vary at each NFL Draft betting site, so investigate them and determine if accepting is your best move.

These offers can total out at a grand or more, and cash levels can increase three-fold by using Bitcoin or other cryptocurrencies as a form of deposit. Follow the rules, and these deposits can equal heaps of free cash to bet with.

Are Online Sportsbooks Safe For 18, 19, & 20-Year-Old Bettors?

We’ve provided the top over-18 sportsbook sites on the web so that you don’t have to run the risk of doing business with a suspect betting site. These online NFL Draft sportsbooks are legitimate, trustworthy, and are backed by many years of reliable customer service.

These sports betting sites feature customer service that is available at all hours of the day, with odds available for NBA, College Football, March Madness, and even allow for under-21 betting on Madden NFL simulations during the offseason.

Additional NFL Draft Betting Resources