How To Place A Bet On The 2021 NFL Draft
Despite online gambling being legal in various states, the NFL Draft will be the first taste of sports betting action for various football fans. The NFL Draft has already become one of the biggest betting events, and online sports betting sites are set to take millions worth of wagers on the draft later this week.
We are going to give you a full guide on how to bet on the NFL Draft below, which includes the best sportsbooks in each state that currently offer NFL Draft odds. Sportsbooks such as DraftKings and FanDuel offer the standard NFL Draft odds such as First Pick odds, but they also offer an array of prop markets which include things like Team To Draft Justin Fields.
As the bottom of this article, you will find more detail on understanding NFL Draft odds, and a list of various different NFL Draft betting markets available with sportsbooks.
See below the best sports betting sites offering NFL Draft odds by legal state. It's also worth noting, that online sports betting sites offer new customers jaw-dropping promotions, we have dropped a link in each state breakdown which will take you to a list of these promotions. If you are looking to wager on the NFL draft, make sure you take up one of these betting promotions.
2021 NFL Draft Betting Promotions
Before we get onto showcasing you which sportsbooks are offering 2021 NFL Draft odds and Draft prop bets, we are going to let you know about two amazing betting promotions you can take advantage of.
The first is from DraftKings Sportsbook, who are running the following promotion: Bet $1, Win $100 In Free Bets If Any QB Is Drafted First Overall. To summarise this is an increidble offer! Trevor Lawrence is currently -10000 to be the first pick, which implies there's a 99% chance of this happening.
If Trevor Lawrence is drafted first overall, you'll win yourself $100 from just a $1 bet! Pretty incredible when you think if you placed a $1 bet on Trevor Lawrence being the first overall at normal odds you'd only be set to win $1.01.
Click the promotion below to claim this offer, this exclusive link will take you to a landing page where you can find more details on the promotion.
We promised you two amazing promotions, and that's what we are going to give you! As mentioned above, betting on Trevor Lawrence to be the first pick in the normal NFL Draft odds market isn't going to make you rich. However, FanDuel Sportsbook are running the following betting promotion: Bet $5, Win $100 If Trevor Lawrence Is Drafted #1.
All you have to do is join FanDuel via the link below and wager $5 on Trevor Lawrence being the first pick, and if he is, you will win $100. Not bad given the normal NFL Draft odds imply there's a 99% chance Lawrence will be the first pick.
How To Bet On The 2021 NFL Draft In New Jersey
New Jersey was the pioneer in legalising sports betting in the US, therefore, as expected the residents of New Jersey have a lot of options when it comes to betting on the NFL Draft. There are a lot of sportsbooks offering NFL Draft odds in New Jersey, which include sports betting sites such as DraftKings, FanDuel and BetMGM.
Click here to see how you can join these sportsbook and eventually go on to bet on the 2021 NFL Draft.
How To Bet On The 2021 NFL Draft In Colorado
Sports betting in Colorado is relatively new, however, there's still a handful of sports betting sites offering NFL Draft odds and various prop markets. These include DraftKings Sportsbook, FanDuel Sportsbook, PointsBet and William Hill.
Click here to see how you join these sportsbook and eventually go on to bet on the 2021 NFL Draft.
How To Bet On The 2021 NFL Draft In Illinois
Illinois is one of the unlucky states that don't allow real-money wagering on the NFL Draft. But, our firends at DraftKings are delivering the next best thing with their free-to-play NFL Draft game. Click here to enter.
How To Bet On The 2021 NFL Draft In Indiana
There will be thousands of people in Indiana looking to make a quick win on the 2021 NFL Draft. Fortunately for sports betting fans they have plenty of sites taking bets on the draft, these include William Hill, Unibet, PointsBet, DraftKings Sportsbook and FanDuel Sportsbook.
Click here to see how you join these sportsbook and eventually go on to bet on the 2021 NFL Draft.
How To Bet On The 2021 NFL Draft In Iowa
Like Pennsylvania, Illinois and Virginia, wagering on the NFL Draft is illegal in the state of Iowa. It's unfortunate for those looking to wager on a certain prop, but DraftKings is here to help.
Right now, you can enter DraftKings' free-to-play NFL Draft game for your shot at a $50,000 prize pool. Click here to enter.
How To Bet On The 2021 NFL Draft In Nevada
Residents in Nevada are very lucky when it comes to betting, and the amount of money set to be wagered on the 2021 NFL Draft in Las Vegas will make your eyes water. However, if you are looking to bet on the NFL Draft online in Nevada, then we recommend you check out BetMGM.
Click here to see how you join these sportsbook and eventually go on to bet on the 2021 NFL Draft.
How To Bet On The 2021 NFL Draft In Pennslyvania
Add Pennsylvania to the list of states that don't allow betting on the 2021 NFL Draft. In the future, we hope this changes, but residents of the Keystone state can play DraftKings' free-to-play NFL Draft game for a shot at their share of $50,000 right now.
How To Bet On The 2021 NFL Draft In Tennessee
The residents of Tennessee are mad for sports betting! The state is one of the fastest growing sports betting states in the US, and the places to wager in the state is growing rapidly.
The following sportsbooks are all taking bets on the 2021 NFL Draft: DraftKings Sportsbook, Unibet, FanDuel Sportsbook, Bet America and BetMGM.
Click here to see how you join these sportsbook and eventually go on to bet on the 2021 NFL Draft.
How To Bet On The 2021 NFL Draft In Virginia
Unfortunately, Virginia is one of four states that doesn't allow real-money wagering on the NFL Draft, along with Pennsylvania, Iowa and Illinois.
Luckily, DraftKings has the next best thing with their free-to-play NFL Draft Round 1 Pool. It's completely free to enter and you win your share of $50,00 depending on how many NFL Draft questions correctly. Click here to enter.
How To Bet On The 2021 NFL Draft In West Virginia
There will be plenty of cash wagered on the 2021 NFL Draft in West Virginia, with the likes of DraftKings Sportsbook, FanDuel Sportsbook, BetMGM and William Hill all taking bets on the event.
Click here to see how you join these sportsbook and eventually go on to bet on the 2021 NFL Draft.
Understand NFL Draft Odds: Betting On The Draft Explained
Sports betting sites will showcase odds for various markets ahead of the NFL Draft, below is a quick summary to explain what they mean.
- Odds are usually shown with a positive (+) sign or a minus (-) before them
- The bigger the number following positive (+) sign means the less likely the sportsbooks think this will happen, but also the more money you could potentially win.
- The bigger the number following the negative (-) sign the more likely the sportsbooks think this will happen, and also the less money you could potentially win.
For example, Trevor Lawrence is -10000 in the first pick odds market, this means if you wagered $1000 on Trevor Lawrence being the first pick, you'd be set to win $1010 ($10 profit). Remember if you think Lawrence will be the first pick, then make sure you take advantage of the two offers at the top of the page.
Another example, Zach Wilson is +2000 in the first pick odds market, this means if you wagered $1000 on Zach Wilson being the first pick, you'd be set to win $21000 ($20000) profit.
2021 NFL Draft Odds: The Best NFL Draft Prop Markets
You will find various prop markets available for the 2021 NFL Draft, however, we've listed our favorites below. To find a complete list please head to our 2021 NFL Draft odds section here.
- First Overall Pick Odds
- Second Overall Pick Odds
- Third Overall Pick Odds
- Top 5 Pick Odds
- Top 10 Pick Odds
- Top 32 Pick Odds
- New York Giants First Pick Odds
- Philadelphia Eagles First Pick Odds
- Denver Broncos First Pick Odds
- Team To Draft Justin Fields Odds
- Team To Draft Trey Lance Odds