Best NFL Draft Betting Sites: Top Sportsbook Promo Codes & Bonus Bets

The NFL Draft is one of the biggest events of the year in sports. The top prospects are ready to hear their names called as teams look to add the next superstar to their roster. What about if you want to bet on the NFL Draft? What are the top sportsbooks and betting sites for the draft? Here's what you need to know about the best NFL Draft betting sites.

Best NFL Betting Sites and Betting Apps for the Draft

The top betting sites and online sportsbooks will have plenty of options for betting on the 2023 NFL Draft. Here's a look at some of the best online sportsbook options if you are looking for NFL Draft odds, wagers, and more.

DraftKings

DraftKings is one of the most popular sportsbooks in the nation and has plenty of options for the NFL Draft. You can get into the sports betting action with solid odds, a rewards program, live betting, and more. Check out the latest promo code offer before you start betting on the NFL Draft.

FanDuel

FanDuel is known for great live betting as well as the same-game parlay. The sportsbook is a solid option with plenty of betting markets for fans looking to bet on the NFL team or the draft. With solid NFL odds, it's one of the best options in online sports betting. Take a look at the latest offer!

Caesars

Caesars is one of the better NFL betting apps thanks to a great rewards program, solid welcome bonuses, odds boosts, and more. The sportsbook is a great option for NFL bettors who are looking to find an online betting site to wager on the NFL Draft.

BetMGM

BetMGM is a solid sportsbook that has an edit my bet feature, live betting, odds boosts, and solid bonuses for new users looking to bet on the NFL Draft. It is one of the biggest brands in the industry and the best betting options if you are looking to make some wagers during the draft.

Popular NFL Draft Bet Types

When you are looking to bet on NFL games you see the traditional bets such as moneylines, spreads, totals, and more. You also see betting lines for props, parlays, and more. What about the draft? What types of bets will you see? The draft can be similar to in-game betting. There are odds and lines that change quickly based on the selections.

Here's a look at some of the best football bets for the NFL Draft at your favorite sportsbook.

Over/Under Bets

An over/under bet is also referred to as a total bet. The best online NFL betting sites also have these for games when it comes to the number of points scored, but what about the draft? What's a total at top NFL sportsbooks for the draft look like?

A total for the draft will be looking at when a player will be selected or how many players will be selected in a round based on position. For example, you find the best NFL betting sites and see that the over/under for edge rusher Tyree Wilson is set at 5.5. If you take the over, you are betting that he will be selected with the sixth pick or later.

There are also total bets for the number of players at a position. For example, you might see NFL betting lines for the draft with over/under 4.5 quarterbacks taken in the first round. If you think there will be five quarterbacks or more selected in round 1, you would bet the over.

Prop Bets

The best 2023 NFL Draft betting sites and best NFL sportsbooks will also have prop bets for the draft. There are tons of different options for props on online football betting sites for the draft.

For example, there might be a prop bet based on the first wide receiver deleted in the draft. There will be a list of wide receivers and each will have odds for being the first wideout selected in the draft. Maybe Zay Flowers is +250 to be the first selected. If he is, a $100 bet would win $250.

The betting sites with the best NFL draft odds will also have props that involve what position a particular team will pick. For example, there might be a prop bet involving the New England Patriots' first-round selection. Each position will have odds and you would bet on which position the Patriots would draft first.

States Where Sports Bettors Can't Bet on the Draft

There are a few states that have restrictions on betting apps and sites about the NFL Draft. Here are some of the states where you can't bet on the NFL Draft as you see the biggest stars in college football selected.

Connecticut

Iowa (Can only bet at least 24 hours before the draft)

Mississippi

New York

North Carolina

Pennsylvania

Virginia

Washington

If you are in a legal sports betting state, be sure to check the rules about betting on NFL football and the draft in your state before you sign-up and start your betting experience. You want to bet sure the NFL betting action you are ready to wager on is available.

Top NFL Betting Sites Promotions

If you are looking at checking out a mobile betting app or website, the best betting sites offer promotions and bonuses to new customers. This is a great way to start betting with an extra boost. These NFL sites sometimes have bonuses that can be used for a betting event such as the NFL Draft. Here are some of the different promotions you might see when online gambling.

Bonus Bets

A popular bonus on the best legal NFL betting sites is the bonus bet. These are given to new users in a couple of ways. One way is with no strings attached after signing up. For example, you receive $50 or $100 in bonus bets for registering and with no deposit required.

For some bonus bets, there is a qualifying deposit or bet. You have to deposit money or place a wager before you can unlock the extra bonus bets. For example, a sportsbook might have a bet of $5 and get $150 in bonus bets. You can't unlock the bonus bets unless you wager $5.

Deposit Match Bonus

The top online sportsbooks might have a deposit match bonus. This is when a sportsbook will give you bonus funds based on how much you deposit up to a certain amount. For example, a sportsbook might have a 50% deposit match up to $1,000. That means if you deposit $500 you would receive $250 in bonus funds.

Second Chance Bet

A second chance bet might be referred to as a no sweat bet, first bet insurance, and more. Basically, they all mean the same thing. Your first bet is covered at a sportsbook with this promotion if it loses.

For example, you check the best betting apps and see there is a second chance bet worth up to $500. After signing up, you deposit $450 and bet that C.J. Stroud will be selected under the 4.5 pick in the draft. If you lose, the sportsbook will give you $450 in bet credits to cover the loss.

Registering for Online NFL Betting Sites

If you are looking to bet the draft, you can sign up for an online sportsbook. You will need to register with your personal information to confirm your identity. Geolocation will also confirm where you are so you can start an account to bet on the NFL Draft.

If you are not within the borders of a legal sports betting state, you can't take advantage of NFL betting offers or place a wager. Be sure to check the odds and compare the different sportsbooks. Every online sportsbook might not have the same odds or betting markets for the NFL Draft.

Best NFL Draft Betting Sites FAQs

What are some popular NFL Draft bets?

The top sportsbooks with great NFL odds for the draft usually have bets that include totals and props for the NFL Draft. You can bet over/under on the selection of NFL players or even bet on which wide receiver will be taken first.

What are the top betting sites for the NFL Draft?

There are plenty of options for betting on the NFL Draft including DraftKings, FanDuel, Caesars, and BetMGM. Check out the NFL Draft odds before you deposit any money as some betting sites may have more odds than others.

Can I bet on the NFL Draft at any legal online sportsbook?

No. Some states have restrictions that do not allow you to place NFL Draft bets. Betting during the football season is allowed but you can't bet on events like the draft. These states include Connecticut, Iowa, New York, Pennsylvania, and a few more.

Are there states where you can't bet on the NFL Draft?

If you live in a state where sports betting is illegal, you obviously can't bet on the NFL Draft. Also, some states with legal online betting don't allow wagers on events like the NFL Draft. Some of these states include New York, Pennsylvania, and Virginia. Check the latest rules on sports betting in your state.

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