NFL Draft 2026 Odds: How to Bet on the NFL Draft Picks

NFL Draft 2026 Odds: How to Bet on the NFL Draft Picks

The 2026 NFL Draft is almost here, and the football world is turning its attention to Pittsburgh, where the league will host the event from April 23–25.

The Las Vegas Raiders hold the No. 1 overall pick, and sportsbooks have already released a wide range of Draft markets - including first overall pick, first wide receiver drafted, first offensive lineman drafted, and more.

Below is your full guide to the best sportsbook promos, the latest odds, how to bet the Draft, and how to watch the 2026 NFL Draft.

DraftKings Promo Code: Bet $5, Get $300 If Your Wager Wins

Step One: CLICK HERE or head to DraftKings and register a new account.

Step Two: Deposit $5 or more.

Step Three: Place a $5 bet on any NFL market at minimum odds of –500 or longer.

Step Four: If your first wager wins, you receive $300 in Bonus Bets instantly, plus 1 month of ESPN Unlimited.

Bet365 Bonus Code CHECK: Get $200 in Bonus Bets

Step One: CLICK HERE or Go to Bet365’s website or click the widget below (New Customers Only).

Step Two: Register using bonus code CHECK.

Step Three: Deposit $10 and wager $10 on any NFL Draft market.

Step Four: Whether your wager wins or loses, you’ll receive $200 in Bonus Bets.

FanDuel promo code: Bet $5, get $250

A simple way to turn a small stake into a sizable set of bonus wagers for the NFL Draft.

Step One: CLICK HERE or visit FanDuel Sportsbook and register a new account.

Step Two: Deposit at least $5.

Step Three: Wager $5 on any NFL Draft market.

Step Four: If your wager wins, FanDuel issues $250 in Bonus Bets.

BetMGM: Bet $10, Get $150 (MI, NJ, PA, WV Only)

This is a straight “bet and get” bonus for new users in select states:

Step One: Visit BetMGM’s website to register your account.

Step Two: Deposit $10.

Step Three: Place your first $10 bet on any market.

Step Four: If that bet wins, receive $150 in Bonus Bets in addition to your cash winnings.

This version applies only to: Michigan, New Jersey, Pennsylvania, West Virginia

BetMGM First Bet Insurance Up to $1,500 (All Other States)

For all other legal betting states:

Step One: Visit BetMGM or click the widget and enter bonus code OCMAX1500 if prompted.

Step Two: Deposit $10–$1,500.

Step Three: Place your first qualifying wager (straight, parlay, SGP, etc.).

Step Four: If your bet wins, you keep profits + stake.

Step Five: If it loses, BetMGM refunds your stake as Bonus Bets (up to $1,500).

2026 NFL Draft Odds

Below are the latest odds for several major Draft markets.

First Overall Pick Odds

Mendoza is the overwhelming favorite to go No. 1.

• Fernando Mendoza: –20000
• Arvell Reese: +9000
• Ty Simpson: +10000
• David Bailey: +12500
• Sonny Styles: +15000
• Rueben Bain Jr.: +20000
• Peter Woods: +20000
• Mansoor Delane: +20000
• Caleb Downs: +20000

Second Overall Pick Odds

Bailey and Reese are the clear frontrunners.

• David Bailey: –130
• Arvell Reese: +110
• Jeremiyah Love: +8000
• Rueben Bain Jr.: +9000
• Ty Simpson: +10000
• Fernando Mendoza: +10000
• Caleb Downs: +10000
• Sonny Styles: +10000
• Akheem Mesidor: +10000

First Wide Receiver Drafted

Tate and Tyson lead the board.

• Carnell Tate: –160
• Jordyn Tyson: +135
• Makai Lemon: +2000
• Omar Cooper Jr.: +12000
• KC Concepcion: +12000
• Denzel Boston: +12000

First Offensive Lineman Drafted

Mauigoa and Fano are essentially co‑favorites.

• Francis Mauigoa: –130
• Spencer Fano: +130
• Kadyn Proctor: +900
• Monroe Freeling: +1500
• Olaivavega Ioane: +2000
• Blake Miller: +18000

How to Bet on the 2026 NFL Draft

Draft betting is all about predicting front‑office decisions. Here’s how bettors typically approach it:

1. Follow team needs

The Raiders at No. 1, Commanders at No. 2, and Patriots at No. 3 all have clear roster priorities.

2. Watch for late‑week movement

Insider reports and verified leaks can shift odds dramatically.

3. Bet positional markets

Books offer dozens of options, including:

• First QB drafted
• First CB drafted
• First defensive player drafted
• Over/under draft position for top prospects
• Number of players drafted by position

4. Use bonus bets on longshots

Draft props often have plus‑money value - perfect for bonus bets from DraftKings, FanDuel, BetMGM, or bet365.

5. Monitor team visits and pro‑day reports

These often signal which players are rising or falling.

How to Watch the 2026 NFL Draft

The Draft will be broadcast across multiple networks:

• NFL Network
• ABC
• ESPN
• ESPN Deportes

What You Need to Know About the 2026 NFL Draft

• The Las Vegas Raiders hold the No. 1 overall pick.
• The event takes place outdoors on Pittsburgh’s North Shore.
• The Draft Experience fan festival runs all three days.
• This is Pittsburgh’s first time hosting the modern NFL Draft.
• Dozens of betting markets are available across major sportsbooks.