Updated 2024 NFL Draft Odds For Top 5 Picks

NFL draft logoThe NFL draft is about a month away, and legal football betting sites offer many odds. Draft odds typically hit the odds boards right after the college football season ends and will flux after the combine and leading up to draft day.

With tons of mock drafts and teams making offseason moves with picks, trades, and free agency, it is easy to get hooked on the action. In addition to NFL draft odds, you will also find tons of offseason props, season futures, player odds, and more.

Below, we will look at betting on the NFL and the 2024 draft odds from our top-rated online sports betting sites. 

Who Is Projected To Be The First Pick In The NFL 2024 Draft?

Caleb Williams, the quarterback out of USC, is favored to be the number one overall pick in the 2024 NFL draft. Multiple sources predict he will be the Chicago Bears’ first pick. At 6’1″ and 214 pounds, Williams is one of the few quarterbacks expected to become an NFL great. 

There has been no shortage of controversy surrounding Williams and his manager/dad. After opting out of any on-field testing at the 2024 NFL combine, Williams has not signed with an agent and is expected to continue to let his dad represent him. According to Bleacher Report, Carl Williams was seeking an ownership stake in his business despite NFL rules that do not allow ownership among current players. 

Betting On The Top Five NFL Draft Picks

While most of the conversation surrounds who will be selected first overall in the draft, odds for the top five picks are readily available online. Odds are based on which teams have the top picks and the players they need. While we are still determining who will be selected and for what reasons, many insiders have a good idea of who is looking at whom. 

Below are the betting odds for the top five picks in the 2024 NFL draft from Bovada’s online sportsbook and the teams holding those picks. 

#1 Pick (Bears)

  • Caleb Williams -4000
  • Jayden Daniels +900
  • Drake Maye +1600
  • Marvin Harrison Jr. +2500
  • J.J. McCarthy +4000
  • Bo Nix +7500
  • Joe Alt +10000
  • Michael Hall Jr. +10000
  • Michael Penix Jr. +10000

#2 Pick (Commanders)

  • Jayden Daniels -190
  • Drake Maye +140
  • J.J. McCarthy +1100
  • Marvin Harrison Jr. +1800
  • Caleb Williams +2500
  • Bo Nix +7500
  • Michael Penix Jr. +7500
  • Brock Bowers +10000

#3 Pick (Patriots) 

  • Drake Maye -140 
  • Jayden Daniels +175
  • J.J. McCarthy +450
  • Marvin Harrison Jr. +500
  • Malik Nabers +5000
  • Caleb Williams +6000
  • Bo Nix +7500
  • Brock Bowers +7500
  • Dallas Turner +7500
  • Jared Verse +7500

#4 Pick (Cardinals) 

  • Marvin Harrison Jr. -200
  • J.J. McCarthy +330
  • Malik Nabers +900
  • Drake Maye +1500
  • Jayden Daniels +1500
  • Rome Odunze +2000
  • Dallas Turner +3300
  • Joe Alt +3300
  • Bo Nix +4000

#5 Pick (Chargers)

  • Malik Nabers +175
  • J.J. McCarthy +300
  • Marvin Harrison Jr. +325
  • Joe Alt +650
  • Rome Odunze +700
  • Brock Bowers +2000
  • Taliese Fuaga +2000

Is Betting On The NFL Draft Online Legal?

Yes, no laws make betting on the NFL draft, game lines, the Super Bowl, or any other football-related event illegal. The legal betting sites we suggest all offer NFL, NCAA, UFL, and CFL odds for special events and games. 

In addition to game lines and futures, you will find numerous props you can wager on. Some of the best online sports betting sites also offer prop builder tools to build your props and parlays with odds generated by your chosen options.