NFL Draft Odds 2023: Stroud Favored After Panthers Move to No. 1

The Carolina Panthers shook up the 2023 NFL Draft on March 11, acquiring the first overall pick for a massive package. With a new team on the clock, a new passer is favored to go first — find out more in our NFL Draft odds.

Last Updated: Mar 28, 2023 6:52 AM ET Read Time: 4 min
CJ Stroud Ohio State Buckeyes CFB
Photo By - USA TODAY Sports

It was a matter of when and to who, not if, the Chicago Bears would move the first overall pick in this spring's draft.

We now have both answers, as Chicago moved the top pick to the Carolina Panthers earlier this month in exchange for two first-round picks, two seconds, and 25-year-old receiver D.J. Moore.

The question of for who? was seemingly answered after NFL Draft odds were reposted, with Ohio State quarterback CJ Stroud moving from +450 pre-trade to -150, then -225, and then -350 within an hour of the deal.

With less than a month to go until draft day, here's a look at the updated 2023 odds to go first overall on April 27.

2023 NFL Draft odds: Odds to go first overall

Player Position Odds to go first overall
CJ Stroud QB -330
Bryce Young QB +225
Anthony Richardson QB +750
Will Levis QB +3,500
Will Anderson LB +15,000
Bijan Robinson RB +20,000
Tyree Wilson LB +20,000
Christian Gonzalez CB +20,000
Quentin Johnson DE +20,000
Paris Johnson OT +20,000
Lukas Van Ness DE +20,000

Odds courtesy of DraftKings as of March 28, 2023.

Favorite to go first overall in the 2023 NFL Draft

CJ Stroud (-330)

While Bryce Young edged out Ohio State signal-caller CJ Stroud for the Heisman in 2021, Stroud may get one back in this year's draft. 

In his second season as the Buckeyes' starter, Stroud was excellent, throwing for 3,688 yards and 41 touchdowns to just six interceptions. While not as mobile as his Bama counterpart, it may not matter following Stroud thoroughly impressing the Panthers' brass at Pro Day last week. 

Bryce Young (+225)

The 2022 Heisman winner was unable to defend his Heisman or take his Crimson Tide back to the natty, but he did little to shake his status as one of the draft's biggest prizes.

Young was superb in his second full season as the Tide's starter, finishing with 3,328 passing yards and a 32:5 touchdown-to-interception ratio as a junior. 

Anthony Richardson (+750)

Florida quarterback Anthony Richardson has been the focus of some pretty wild line movement, moving from as high as +10,000 to +350 in a matter of weeks before settling at +750. 

Richardson's passing numbers merely jump off the page, but his mobility combined with insane athleticism as a runner (654 rushing yards, nine rushing TDs) means he's got a ton of upside. 

• 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. With Walker's selection yesterday, four of the last 16 No. 1-overall picks were pass rushers.

• All but two of the last 15 NFL Drafts have seen an offensive lineman get picked in the Top 10, with 2022 being no different as Ikem Ekwonu, Evan Neal, and Charles Cross went sixth, seventh, and ninth.

List of first overall NFL Draft picks

Year Player Position
2022 Travon Walker DE
2021  Trevor Lawrence QB
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 2023 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:

  • CJ Stroud +135

This means that if you placed a $100 bet on Stroud, you would win $135 if the Buckeye QB goes first overall in 2023. 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:

  • Bryce Young -450

This means that you'd have to bet $450 to win $100 on Young being drafted first overall.

Above we have posted the American odds for the 2023 NFL Draft. However, these are easy to convert to decimal odds or fractional odds with our odds converter tool.

Get more NFL Draft betting tips and strategies with our draft betting guide.

NFL Draft FAQs

Pages related to this topic

Popular Content

Legal Canadian sports betting

Best Canadian betting sites Ontario sports betting
Covers 25 Years Logo Established in 1995,
Covers is the world
leader in sports
betting information.
Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo