The 2023 NFL Draft is right around the corner, and this annual initiation of college players has evolved into a legitimate gambling event for fans. There are plenty of ways to bet the NFL Draft. There are specific odds for specific picks, props for the first player selected at a particular position and Over/Unders for a player's draft position.
As of now, not all of these options are available at sportsbooks, but they will be over the next few weeks. Below, we will list and break down the current draft props available at Caesars Sportsbook. This is how the draft will play out, according to oddsmakers.
First overall pick
| Player | Odds |
|---|---|
QB C.J. Stroud | -250 |
QB Bryce Young | +220 |
QB Anthony Richardson | +850 |
QB Will Levis | +1400 |
EDGE Will Anderson Jr. | +15000 |
EDGE Tyree Wilson | +15000 |
It's understood the Carolina Panthers traded up to No. 1 overall to select a quarterback, which is why the top four signal-callers have the shortest odds. When the Panthers made their trade with the Chicago Bears, Stroud's odds to be selected first overall immediately shot up to No. 1. Weeks later, he still remains the heavy favorite.
At the same time, you could easily make arguments to place fliers on Young and Richardson -- especially the latter, who is currently +850. The Florida product is raw, but he sure is enticing. He's drawn some comparisons to Cam Newton, who the Panthers selected the last time they held the No. 1 overall pick.
Second overall pick
| Player | Odds |
|---|---|
QB Bryce Young | -220 |
QB C.J. Stroud | +200 |
QB Will Levis | +1400 |
QB Anthony Richardson | +1600 |
EDGE Will Anderson Jr. | +2000 |
EDGE Tyree Wilson | +5000 |
The Houston Texans hold the No. 2 overall pick in the draft, and they will likely take a quarterback as well. Most believe they will take who many perceive to be the top signal-caller in this class if Stroud goes at No. 1, and that's Alabama's Bryce Young. While his size is the main question mark when it comes to him as a prospect, you can't ignore the on-field success he's had. Young's 79 passing touchdowns over the last two seasons are the most in a two-year span in SEC history.
First drafted wide receiver
| Player | Odds |
|---|---|
Jaxon Smith-Njigba | -200 |
Quentin Johnston | +450 |
Zay Flowers | +600 |
Jordan Addison | +650 |
Jalin Hyatt | +750 |
The favorite for this prop used to be Johnston, but now, Smith-Njigba has taken over. It's interesting, as the Ohio State product played in just three games last season due to injury, but we are still drooling over his 2021 campaign. In 13 games played, Smith-Njigba set program records with 95 catches for 1,606 yards, and added nine receiving touchdowns. In the 2021 Rose Bowl vs. Utah, he recorded a whopping 347 receiving yards.
First drafted tight end
| Player | Odds |
|---|---|
Michael Mayer | -125 |
Dalton Kincaid | +190 |
Darnell Washington | +300 |
Luke Musgrave | +1600 |
Mayer is considered to be the top tight end in this class, but it's a legitimate question if he will be the first off the board. Kincaid caught 70 passes for 890 yards and eight touchdowns for the Utes last season.
First drafted offensive lineman
| Player | Odds |
|---|---|
Paris Johnson Jr. | -175 |
Peter Skoronski | +175 |
Broderick Jones | +500 |
Darnell Wright | +750 |
Three of our four CBS Sports NFL Draft experts have Johnson being the first lineman off the board, and I agree with them. Last year, he was a consensus All-American, and figures to be a franchise left tackle. Skoronski is a very impressive prospect as well, but he may be a guard at the next level.
First drafted defensive player
| Player | Odds |
|---|---|
EDGE Will Anderson Jr. | -450 |
DL Jalen Carter | +800 |
EDGE Tyree Wilson | +800 |
CB Christian Gonzalez | +900 |
I'm not sure there's anyone I would bet on other than Anderson Jr. -- especially with Carter's off-field issue. Anderson has the second-most sacks (34.5) in Alabama history behind Hall of Famer Derrick Thomas, and the most sacks, tackles for loss, pressures and QB hits in the FBS over the past three seasons.
First drafted cornerback
| Player | Odds |
|---|---|
Christian Gonzalez | -160 |
Devon Witherspoon | +150 |
Joey Porter Jr. | +1200 |
Brian Branch | +1600 |
Cam Smith | +3000 |
Kelee Ringo | +3500 |
This is the most fun draft prop this year, in my opinion. Gonzalez is probably the No. 1 cornerback in this class on paper, but Witherspoon is the most fun to watch. Then there's Porter Jr., son of former star linebacker Joey Porter, who many believe will be a better pro than he was college player. This cornerback class is so easy to fall in love with. Some believe we could see SIX cornerbacks selected in the first round!
