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Can I bet the 2024 NFL Draft?: Find NFL Draft markets & betting sites

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The 2024 NFL Draft is here and will take place Thursday through Saturday as many college football hopefuls wait to be picked. Thursday features the first round of the draft, Friday features the second and third round and Saturday features rounds four through seven.

Many of the top sports betting sites across the country provide different ways to bet on the 2024 NFL Draft as long as you’re in a sports betting state. We’ll walk you through some of the top markets available for the NFL Draft and the best welcome promos from sportsbooks.

What markets are available for the 2024 NFL Draft?

While books will vary in what they offer, here are some examples of all the markets you could wager on for the draft:

  • Number 1 overall pick
  • Each top 10 overall pick
  • Top three overall picks exact order
  • Top four wide receiver picks exact order
  • A player to be a top five pick
  • A player to be a top 10 pick
  • A player to be a first round pick
  • First drafted player at each position
  • The O/U of each player’s position such as Adonai Mitchell O/U 27.5 (in the first round)
  • What position will each NFL team draft first
  • Total number of drafted positions in first round
  • Which team will draft certain players such as Bo Nix and J.J. McCarthy
  • The position of Mr. Irrelevant (the last pick in the NFL Draft)

As you can see, there’s a market for every possible bettor. Albeit, some markets are so heavily favored it may not be worth a wager such as Caleb Williams -50000 to be first overall.

Some books may even offer certain draft specials such as a team to trade its pick or certain players to be picked before others. Be sure to check out multiple books on our list and their pricing and markets for the sharpest wagers before draft night.

Our favorite sportsbook welcome offers

If you are new to betting and looking to wager on the NFL Draft, you can qualify for welcome offers from top sportsbooks. Check out our list below for the best current introductory promos before Thursday night.

1. FanDuel

The FanDuel promo provides one of the simplest offers around where a $10 deposit and $5 bet on anything provides $150 in bonus bets. Whether your bet wins or not, the bonus hits your account within 72 hours.

You’ll have seven days to use the bonus funds within the FanDuel mobile app on any market or odds. A winning bonus bet wager profits cash while the bonus bets disappear back to the house.

FanDuel is one of the only sportsbooks left on this list that still provides an elevated offer if you’re in North Carolina. The promo works the exact same but North Carolina users will earn $200 instead of the $150.

You can use this link or click below to find the enhanced NC offer.

2. DraftKings

Bet $5, Get $200 + daily no sweat SGPs during NBA Playoffs

DraftKings is one of my favorite sportsbooks on the list with an incredible user experience, wide variety of events and markets plus extensive promotions.

In any DraftKings location, you can deposit and bet $5 to instantly earn $200 in bonus bets. Not only is the deposit one of the lowest requirements among the books, but the bonus bets hit your account instantly upon placing the wager.

Next, depending on the outcome of the bet, you can also profit cash if the bet hits.

In addition to the bonus bets, you can create a same game parlay every day of the NBA playoffs and have bet insurance if it misses.

This means a winning parlay profits cash and you keep the stake while DraftKings will cover your stake if it misses. You’ll have the bet insurance every day of the NBA postseason to craft same game parlays.

3. BetMGM

BetMGM is the first book on our list with a choice between two offers. Unlike other offers on this list, the two are available in all locations so it’s up to you on which promo to activate. Some locations, like New York, are excluded from either offer.

Each offer listed below has a unique BetMGM bonus code that you can apply or click the module to activate.

BetMGM bonus code: NYPNEWS1600

First, you can find a 20% deposit match up to a maximum $1,600 in sports bonus. A minimum $10 deposit would earn $2 in sports bonus up to an $8,000 deposit earning the entire bonus.

This promo is unique because there’s no first bet required to earn the bonus.

However, BetMGM has a cash betting requirement to meet in the first 30 days. You’ll need to cash wager 10x the bonus earned (it can be across multiple bets) in the first 30 days to withdraw any cash winnings in your account.

BetMGM bonus code: NYPNEWS

Alternatively, this bonus code unlocks a first bet on the house up to $1,500. This is the largest first bet insurance you’ll find among the offers on this page.

You’ll need at least a $10 deposit and cash bet of any size to qualify. Next, the outcome of your bet determines if you earn the bonus or cash.

A winning bet profits cash and returns the stake. A miss means BetMGM will cover your stake loss with bonus bets that can be used for seven days within the BetMGM platform.

4. bet365

bet365 is rapidly expanding and is now available in 10 states across the country. Currently, you’ll have the choice between two offers with the bet365 bonus code NYPNEWS, applicable for either offer.

$1,000 First Bet Safety Net

First, as you’ve seen on the list, another first bet insurance. A $10 deposit and cash wager makes it simple to cover your first bet on anything such as a larger plus money wager.

This can be exceptional for the draft if you want to snag an underdog such as Jayden Daniels +10000 to go first overall instead of Caleb Williams.

If you win, it profits cash and you keep the stake. This cash balance can be used on another bet or withdrawn to your account.

Meanwhile, a miss is covered by bonus bets within an hour of bet settlement. These bonus bets last for seven days in your account.

Bet $5, Get $150

The main requirement of the bet/get promo is the odds restriction of -500 or greater. In the example of the NFL draft, Jayden Daniels -850 to go second overall wouldn’t qualify while Drake Maye +700 would be fine.

As long as you deposit $10 and wager $5 within the odds requirement, you earn the bonus bets no matter how the bet settles. Just like the safety net, these bonus bets hit your account within an hour and last for seven days.

5. ESPN BET

ESPN BET promo code: NPNEWS

All ESPN BET locations, 18 states in total, can deposit $10 and place a bet of any size to earn $150 in bonus bets no matter how the bet settles. You could win your first bet to profit cash and still earn the bonus.

As long as you make a $10 deposit, the bet can be any size and on any market or odds to qualify. Once you receive the bonus bets, you’ll have seven days to use them on any wagers you like within the platform.

6. Fanatics Sportsbook

Fanatics Sportsbook promos vary by state and there are two current national offers. Here are the two offers available with the accompanying states.

Bet $100, Get $100 each day over 10 days (AZ, CO, IA, IL, IN, KS, KY, MD, MI, NC, OH, TN, VA, WV)

Each day, over 10 days, Fanatics Sportsbook will match your first bet of the day on -200 or greater odds. You only need to opt-in each day in your account and place the bet on odds such as a -110 spread to qualify.

No matter how the bet shakes out, you earn the match. For example, I can maximize the value each day with a $100 wager which earns the maximum $100 in bonus bets.

Over the 10 day period, I can earn a maximum $1,000 in bonus bets that must be used within seven days of receipt into your account.

$50 bonus upon sign-up + 10 profit boosts (CT, MA, NY, PA, VT)

Five of the Fanatics states can earn a promo just for account registration when clicking here or using the module below.

First, you’ll receive $50 in bonus bets which can fund a wager within the platform for up to seven days. Next, you can opt-in each day for a daily profit boost to apply to a wager over a 10 day period.

You can only use one profit boost per day to enhance the potential cash winnings if your bet hits. Additionally, it’s OK to skip a day but you won’t earn the profit boost for that particular day.

7. Caesars Sportsbook

Caesars Sportsbook actually has two national offers depending on the location. Each offer has a unique promo code which can be applied or activated using one of the modules below.

NYPNEWS1000

Similar to many of the offers on this list, Caesars Sportsbook provides a first bet insurance for most of its locations up to $1,000. Your first bet dictates how the promo plays out:

  • A win provides cash winnings which can be used on another wager or withdrawn
  • If your first bet misses, Caesars will send you a bonus bet chunk that covers the amount of your lost stake

You’ll have 14 days to use this bonus bet chunk on a single wager and cannot split the bonus across multiple bets.

NYPNEWSDYW (IA, ME, MD)

Three Caesars states can bet $1 on anything and win 10 100% profit boosts to use within 14 days. This is actually an exceptional offer when placed on favored lines.

Here’s how the profit boost works.

Let’s say I place $20 (the maximum profit boost wager) on -200 odds.

Normally, I would earn half of my stake so $10 and the $20 stake back. If you select the profit boost on your bet slip, the profit would be $20 and the $20 stake back since it’s 100% boosted.

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