2022 NFL Draft Betting Guide

Welcome to our complete NFL Draft betting guide. Consider this as your all-in-one bible for making money on the Player Selection Meeting.

Our aim is to make this guide as helpful and concise as possible for anyone looking to bet on the NFL Draft. Perhaps you’re a novice that is unsure about how 2022 NFL Draft betting for real money works. Maybe you have some experience, yet still could do with a few pointers and tips to take you to the next level. 

Wherever you see yourself on that spectrum, we’ve got your back! From NFL Draft betting odds to tips on how to make your picks, you’ll be glad you’ve visited us by the time you complete this guide!

Bet on the NFL Draft Online

You’re looking for NFL Draft betting tips, right? Well, here’s one straight out of the playbook — do not underestimate the importance of choosing the best sites to bet on the big event. 

Ensure you are safe and secure in defense before you even think of attacking the best NFL Draft odds!

Rank	Betting Site	Exclusive Bonus	Get Started
#1	Bovada Sports	50% Up To $250	Visit Site	Visit Site
#2	BetUS	125% Up To $2,500	Visit Site	Visit Site
#3	MyBookie	100% Up To $1,000	Visit Site	Visit Site
#4	Everygame	100% Up To $500	Visit Site	Visit Site
#5	BetOnline Sports	60% Up To $1,000	Visit Site	Visit Site

Every year, tons of bettors looking to wager on the NFL Draft drop the ball when it matters. Instead of choosing one of the top National Football League Draft betting sites, they sign up with the first sportsbook retrieved by Google. 

That’s not a great idea. Certainly not when you want the full package. 

The most important piece of the puzzle is to find online betting sites that are 100% safe, secure, and legal. Then, you want that site to provide you with highly competitive odds, NFL Draft live betting options, and bonuses for the draft. Furthermore, you should be demanding stuff like multiple payment methods and fast payouts!

If it sounds like too much effort to find sites that offer all of that and then some, we understand. Not everyone has the time to find the top sites that offer online betting on the NFL Draft in 2022. However, you should be delighted to learn that we do. In fact, finding the leading NFL Draft sportsbooks is what we do best! And the sites above are the only ones that have passed our intensive tests with flying colors.

Get yourself signed up with one of the top bookies above. Then, follow us as we get down to the juicy bits included in this NFL Draft guide!

Here’s what’s on the menu.

We could reel off tons of reasons why betting on NFL Draft Week is so exciting. But as time is of the essence, it makes sense to leave that to one side and instead focus on the more important stuff at hand.

Overall, there are fewer things as important as finding the best NFL Draft betting odds. But in order to know what the top Draft odds are, one must understand how the bets and markets work. There’s no better way of getting acquainted with this than learning about the most popular wagers to place on the NFL Player Selection Meeting in 2022.

So, let’s take a look!

To bet on the NFL Draft First Pick is, by far, the most popular way to place money on this event.

The top NFL sportsbooks will typically provide moneyline odds for this bet type before any other. Not only is there a keen sense of intrigue as to who will be chosen first in this year’s NFL Draft; it’s also something that bettors with knowledge of the sport love to gamble on. 

Here’s an example of the online NFL Draft odds for the first pick you can expect to find. Of course, these aren’t real guys…

Now, the numbers above might not make much sense. Especially if you are new to gambling on the draft. But don’t fret, as I’ll be covering how to interpret NFL odds for the draft in the section. 

If you’re looking for more advice for beginners betting on the National Football League Draft, you will pick up so much from this guide. But Before we get there, let’s check out another popular NFL Draft market to target!

Another of the top wagers to place on the NFL Draft is for the first quarterback selected.

This is the most illustrious position in football. As such, we could be looking at the next Tom Brady or Patrick Mahomes! Understandably, those with more than a passing interest in learning how to bet on the NFL Draft will be drawn to this market. 

Again, this is a moneyline wager that you can find under the top NFL Draft props category. That means that you simply pick the quarterback you think will be the first to be drafted, get your money down, and wait for their name to be called. 

Top sites for gambling on the draft such as BetOnline typically offer a wide range of odds in this market.

In addition to the first overall pick and first quarterback, you can also find odds for the following moneyline bets.

These are other crucial and glamorous positions in the sport. As such, there will be major wagering interest when it comes to any NFL Draft preview that covers these bets. 

Although it can be risky, some bettors like to create parlays of the first picks from key positions. Here’s an example.

If this hypothetical parlay won at odds of $100, you would receive a payout of $974.86. Although those odds are appealing, we wouldn’t exactly class this method among our top NFL Draft betting tips for 2022.

It’s something to consider, however. Especially if you are an avid NFL or college football fan with a propensity for lucking in!

Again, we understand that a lot of the information above might be a little tough to digest for beginners placing NFL Draft bets. 

The more experienced gamblers among us might understand the different types of wagers you can make money on the NFL Draft from. If that sounds like you, feel free to skip to the next section. But if you want to learn more about how to categorize the different gambling markets for the draft, allow us to simplify things for you.

Hold on. We’re going to need you to speak up a little. Did you ask how do the odds for the NFL Draft work?

Oh, you did. OK. Well, the simple answer to your question is that they operate just like odds for any other major sports event. You look through the betting markets, find the wagers you like the look of and place your bets!

Let’s look at some examples. Circling back to the previous section, you might remember we covered the betting market for the first draft selection overall. According to that market, Player A is the betting favorite to be the first overall pick at -290.

To win $100 profit on Player A at -290, you must place $290 down. However, if you opt for Player B (+325) to be selected first, and he is successful, a $100 bet would return $325 in profit.

The likelihood is that “A” will be selected first, with an implied probability of 76.47%. We worked this out using our own odds converter tool, which also transforms NFL Draft betting odds in different formats. 

Give it a try!

If you would rather do things the old-fashioned way, we can show you how. 

Let’s say you’re looking to win money betting on the draft. But you can’t understand how the odds for football work, given you have never gambled on a game in your life. Now, depending on where you come from, the odds format will be one of the following. 

Working out your odds for the draft is the same as with any other sports event. Just make sure you understand how to interpret betting lines. 

The team here has done an awesome job at covering everything you need to know about formats and how odds work. You can check the guide out, below!

By failing to prepare, you are preparing to fail. When it comes to betting strategies for the NFL Draft, that proverb holds water.

Here are some helpful strategies and real money NFL Draft tips that will help.

Exceptional quarterbacks are usually the hottest property in the draft. If a quarterback is also a Heisman winner, they are bound to be among the favorites for the NFL Draft overall pick.

There are times, of course, when a team might not opt for the star quarterback. It has happened. If a team already has a trusty signal-caller at the helm, they might instead opt for that stellar RB that would take them further. 

If there is a gaping hole in the Cardinals offensive line just waiting to be filled by a top dog still in the pot, you might have yourself a solid bet to take up with NFL draft betting sites!

That doesn’t guarantee that the player won’t make it on a list of the biggest busts in NFL Draft history. But that’s not your problem, right? 

We had a little discussion here about if betting live on the NFL Draft is a good idea. 

Of course, we unanimously agreed it was! And then continued to talk about why until our coffees got cold while ogling the odds on the best NFL Draft betting sites. There is no doubt that one of the most exciting ways to bet on the 2022 NFL Draft is while watching the action unfold, so this is something you should be preparing to do!

As long as you are signed up with one of the best sites or top football betting apps for NFL Draft live betting, you’ll be ready to strike.

One of the best live NFL Draft betting strategies is to take advantage of the movements in lines. Let’s say that a player is drafted 4th rather than 7th. This would have a major effect on the lines. If you can spot value, you could make money gambling on the draft easier than you thought possible!

There is plenty of free expert betting advice for the NFL Player Selection Meeting out there. 

Granted, some of it is not fit to even mention. But there are lots of reputable authorities that have surprisingly good records with their NFL Draft predictions. You can look through page upon page of football savants’ prognostications if you like, but admittedly, that can get tiresome. 

However, we have an easier solution. You can follow our experts’ betting predictions for the NFL Draft in 2022 to stay on top of things by bookmarking our NFL betting blog. 

Here’s a little taste of what you will find!

That’s just about all you need to know before betting on the NFL Draft. 

Of course, we understand that you still might have some questions. In fact, we know some of you will have some questions based on the number of queries we receive about wagering on the draft! So, to make things a little more streamlined, we’ve put together answers to our most popular frequently asked questions about the NFL Draft.

Enjoy!