When it comes to the NFL Draft, you never know what you’ll get.
The reports, rumors and speculation start as soon as the Super Bowl ends. Since Peyton Manning retired after the Super Bowl 50 win five years ago, that’s been the case for the Denver Broncos. But that’s been even more true this season in large part due to the question that remains at the quarterback position.
Whether George Paton and Denver select a quarterback in the first round or the franchise runs it back with Drew Lock has been the focus this entire offseason. Now that the Broncos have traded for Teddy Bridewater, an already confusing Draft season just got even cloudier. Now, anyone trying to predict what Denver may do is a guess at best. Welcome to the Draft.
If you’ve paid attention to the Broncos betting odds this Draft season, you’ve likely noticed they change at a moment’s notice on who they may take.
But that’s also true for the No. 3 pick in Thursday’s Draft and who the San Francisco 49ers may select. John Lynch and Kyle Shanahan have been linked to Justin Fields, Mac Jones and Trey Lance. At one point or another, each quarterback has been the favorite for the 49ers pick.
The same holds true for the Broncos. They’ve been listed by the sportsbooks as a favorite to take Fields and Lance, and then moved down based on media reports. Here are the current odds on what Denver may do with its first-round pick.
As the Draft nears, there are two locks: Trevor Lawrence to the Jacksonville Jaguars and Zach Wilson to the New York Jets.
NFL Draft prop bets
After that, the NFL betting market for the Draft is wide open. And the sportsbooks have you covered for the allotment of prop bets. In terms of the sheer amount, it resembles what they offer for the Super Bowl.
As Johnny Avello, DraftKings Spotsbook director of operations, said to PlayColorado:
“It’s an event that a lot of people like to watch. It’s more of a, I’d say, ‘sophisticated players’ type of betting event because they look for the edges they can get. But there are some opportunities for everyone to bet. It’s fun. The Draft is heavily watched. We have a lot up right now. It’s incredible. This is probably the most content we’ve ever had up on it.”
Here’s a rundown on some the props you can bet on in Colorado.
1. Teams First Pick
If you know the Draft and NFL inside and out, this is the prop bet for you.
At DraftKings, you’re limited to three teams, but it’s still a fun market.
The sportsbook offers the Broncos at No. 9, the New York Giants at No. 11 and the Philadelphia Eagles at No. 12.
Here’s what DraftKings has as the current favorite for each:
- Rashawn Slater to the Broncos at +300 (it was Trey Lance at +300)
- DeVonta Smith to the Giants at +175
- Jaycee Horn to the Eagles at +250
2. First defensive player drafted
If the run on quarterbacks happens like most think it will at the top of the first round, this is one of the more intriguing prop bets.
It’s all but assured the first three picks are QBs, and if a player like Fields were to drop, there’s potential for trades. But let’s say no trades take place, who in the next seven picks will take defense?
The Detroit Lions at No. 7? Perhaps the Carolina Panthers at No. 8 or even the Broncos?
William Hill has a prop on who that player will be.
As of Monday morning, the favorite is Surtain at -120. The Alabama cornerback is followed by Horn at +245 and Micah Parsons at +450.
3. Draft specials
BetMGM has some really fun and “out there” prop bets for the Draft. And not just for the first round.
Speaking of the run on quarterbacks, the sportsbook has markets on the first four picks being QBs (-140), the first five picks being QBs (+900) and at least six QBs and two tight ends drafted in the first round (+2,000).
But the most out there prop bet is Kwity Paye and Jaelen Phillips to be taken in the top 10 at +1,200.
Outside of the first round, BetMGM has a market on the position of Mr. Irrelevant (the last pick of the Draft).
The sportsbook has offense and defense at -110 and kicker/long snapper at +1,200.
4. Will the Broncos trade their first-round pick?
SportsBetting.com has some good Broncos’ related prop bets.
As of Wednesday afternoon, the sportsbook is offering a “Do the Broncos trade up or down in Round One?” The odds sit at No -141 and yes +100.
5. Exact order
Back to those who love the Draft, and FanDuel has a prop bet just for you.
You can have your choice of the first four wide receivers drafted and the first three running backs drafted.
But if you truly want to test your knowledge, the sportsbook has the first receiver, first running back and first offensive lineman drafted in the exact order.
The current favorite is Ja’Marr Chase, Najee Harris and Penei Sewell at +100.
Get the FanDuel promo code for Colorado and check out the latest offers.
6. Broncos first Draft pick
The SuperBook has a prop bet that ties all of this together for Broncos Country.
After the trade with the Carolina Panthers for Bridgewater, the sportsbook still has the Denver taking Fields with its first-round pick at +400, followed by Slater at +500.