NFL Draft odds 2021: Trevor Lawrence the heavy favorite

Mar 31, 2021 |
NFL Draft odds 2021: Trevor Lawrence the heavy favorite
Clemson quarterback Trevor Lawrence is the heavy chalk favorite to be picked first overall in the 2021 NFL Draft in April.
Photo By - USA TODAY Sports
Clemson quarterback Trevor Lawrence is the heavy chalk favorite to be picked first overall in the 2021 NFL Draft in April.
Photo By - USA TODAY Sports

The 2021 NFL Draft is less than a month away and NFL draft props are available for the most important question: Who is the favorite to be the first overall pick in the 2021 NFL Draft? 

A couple of major trades may have changed the outlook of NFL draft betting odds further down, but at the top it remains unchanged. Let's take a look at the 2021 NFL Draft odds, below.

2021 NFL Draft odds: First overall

Player Position Odds to go first overall in 2021 NFL Draft
Trevor Lawrence QB -10,000
Zach Wilson QB +1,300
Justin Fields QB +2,500
Penei Sewell OT +4,000
Trey Lance QB +5,000
Ja'Marr Chase WR +10,000
Mac Jones QB +10,000
DeVonta Smith WR +20,000
Kyle Pitts TE +20,000
Rashawn Slater OT +20,000
Micah Parsons LB +25,000
Kyle Trask QB +25,000
Patrick Surtain II CB +50,000
Jaylen Waddle WR +50,000
Gregory Rousseau DE +50,000
Kwity Paye DE +50,000
Travis Etienne RB +50,000
Caleb Farley CB +50,000
Najee Harris RB +50,000

Odds courtesy of DraftKings on March 31

Favorite to be the first overall pick in the 2021 NFL Draft 

Former Clemson quarterback Trevor Lawrence is currently the betting favorite at a whopping -10,000. Lawrence was a five-star recruit out of high school and lived up to expectations throughout his three years at Clemson, completing 66.6 percent of his passes for 10,098 yards and 90 touchdowns against just 17 interceptions.

Next on the 2021 NFL Draft odds board is BYU's Zach Wilson, who broke out as a junior, throwing for 3,692 yards and 33 touchdowns in 2020. Ohio State's Justin Fields, another five-star recruit QB who is coming off a dominant two-year stretch with the Buckeyes, rounds out the Top-3 at +2,500. 

Former Oregon tackle Penei Sewell, +4,000, and North Dakota signal-caller Trey Lance (+5,000) round out the Top-5 and are the only other prospects to have shorter odds than +10,000. 

 

NFL Draft betting trends

• Quarterback is the most important position on the football field and while most first overall selections have played QB, quarterback hunters have been in high demand as well. Three of the last 15 No. 1 overall picks were pass rushers. The top pass-rush specialists on the odds board are Miami's Gregory Rousseau and Michigan's Kwity Paye (+50,000). 

• No running back has gone first overall since 1995, yet two running backs (Travis Etienne and Najee Harris) are currently in the Top-18 on the odds board. 

• No linebacker has gone first overall since Aundray Bruce in 1988. The defensive player with the best odds of going first overall in 2020 is Penn State linebacker Micah Parsons

List of first overall NFL Draft picks

Year Player Position
2020 Joe Burrow QB
2019 Kyler Murray QB
2018 Baker Mayfield QB
2017 Myles Garrett DE
2016 Jared Goff QB
2015 Jameis Winston QB
2014 Jadeveon Clowney DE
2013 Eric Fisher OT
2012 Andrew Luck QB
2011 Cam Newton QB
2010 Sam Bradford QB
2009 Matthew Stafford QB
2008 Jake Long OT
2007 JaMarcus Russell QB
2006 Mario Williams DE
 

How to bet on the 2021 NFL Draft

Sportsbooks will post odds for the player to go first overall in the draft as soon the previous year's draft is over. Once the college football season begins in September, these odds could change weekly depending on how players are performing as well as the evaluations of trusted draftniks such as Mel Kiper Jr.

In addition, this NFL futures bet may also take into account the team needs of the worst team(s) in the NFL.

After the NCAA football season is over, NFL Draft odds will solidify after key events such as the underclassmen declaration deadline, the NFL Scouting Combine and pro days. In the weeks leading up to the draft, sportsbooks will offer more NFL Draft prop bets. 

 

Understanding NFL Draft odds

The odds to go first overall in the NFL Draft will typically look like this:

  • Justin Fields +250

This means that if you placed a $100 bet on Fields last April, you would win $250 if the Ohio State QB goes first overall in 2021. When you get closer to the draft and there is a general consensus on who will go first overall, you might see a player with a minus sign (-) ahead of his odds, like this:

  • Trevor Lawrence -5,000

This means that a few months before the 2021 NFL Draft, you have to bet $5,000 to win $100 on Trevor Lawrence being taken first overall.

Above we have posted the American odds for the 2021 NFL Draft. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool.

Where can I bet on the 2021 NFL Draft?

Most online books and casinos offer bets on the NFL Draft. Betting on the first available pick is usually the first wager offered, with odds coming out as soon as the previous year's draft takes place. Closer to the draft, however, expect many more prop bets to come out as the draft board becomes more clear. Check out the best sportsbooks available where you live. 

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