Sportsbooks & Sports Fans See Big Betting Interest In The 2020 NFL Draft

April 20, 2020

2020 NFL Draft Profile: Joe Burrow
Photo: From Athlon Sports

The NFL will hold it’s 2020 Draft April 23-25 virtually which means commissioner Roger Goodell will call the first round from his basement.

As COVID-19, a strain of the coronavirus, has spread around the globe in recent months, tournaments, games and other sporting events have been canceled. Dr. Anthony Fauci, the nation’s top infectious diseases expert, says the only way professional sports will happen this summer is to do so without fans in attendance and by keeping players in hotels.

Increased offerings from sportsbooks and the growth of the U.S. betting market, on top of limited live sports due to the coronavirus pandemic, are fueling what will be the most heavily bet NFL draft ever.

Bookmakers are offering hundreds of proposition bets on everything from the first pick to the last. LSU quarterback Joe Burrow and Ohio State defensive end Chase Young are big favorites to go first and second, respectively. FanDuel has Burrow’s odds of being the No. 1 overall pick at -100,000, meaning you’d need to risk $100,000 to win $100 on the Heisman Trophy winner going first.

The over/under on the number of quarterbacks taken in the first round is sitting at 4.5, with the vigorish heavily tilted to the under. Wide receiver/tight end is the favorite to be the position of Mr. Irrelevant, the player selected with the final pick. In the unregulated offshore sportsbook world, you’ll even find odds on whether NFL commissioner Roger Goodell will wear a suit to open the virtual draft.

“We’ll do probably more than 10 times what we did last year on the draft,” John Sheeran, director of trading for FanDuel.

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