NFL Draft Betting Odds 2025: Sanders Stands Head And Shoulders Above Them All

With the way the bottom of the NFL standings is shaping up, you'd be hard-pressed to find reasons why a QB won't be the first player taken off the board. This is why Shedeur Sanders is the clear betting favorite to go No. 1 overall in the upcoming NFL Draft.

Chris Vasile - Publishing Editor at Covers.com
Chris Vasile • Publishing Editor
Dec 17, 2024 • 15:55 ET • 4 min read
Shedeur Sanders Colorado Buffaloes NCAAF
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We are now into the college football bowl season and with it comes a ton of opt-outs in preparation for the 2025 NFL Draft. 

While I don't see Shedeur Sanders or Travis Hunter opting out, their draft stock cannot get any higher as they are two of the top three players, with Cam Ward sandwiched in between. 

Join me as I review the full list of NFL odds below. 

2025 NFL Draft betting odds

Player Position Odds
Colorado Shedeur Sanders QB -175
Miami Cam Ward QB +300
Colorado Travis Hunter CB/WR +550
Washington State Jalen Milroe QB +2500
Mississippi Jaxson Dart QB +2500
Washington State Mykel Williams DE +3000
Georgia Tetairoa McMillan WR +4000
Texas Will Johnson CB +5000

Odds as of 12/17/24 — DraftKings Sportsbook

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Latest NFL Draft odds news and updates

December 17, 2024: Shedeur Sanders remains the betting favorite to be the first overall pick in the 2025 NFL Draft. His odds have shortened from +120 to -175 and with the way the bottom of the NFL standings are shaping up — with teams in need of franchise QBs — Sanders' odds will likely shorten even further. His Colorado Buffaloes teammate, Travis Hunter is the third choice at ++550 and will enter the 2025 NFL Draft as the Heisman Trophy winner. Sandwiched in between the pair of Buffaloes is Miami Hurricanes QB, Cam Ward (+300). Again, with QB being a big need, Ward may be in line to go first or second depending on how well he does at the combine/interviews. 

• Quarterback is the most important position on the football field and following Chicago taking Caleb Williams at No.1 in 2024, 20 of the last 27 first-overall picks have been QBs.

• All but two of the last 17 NFL Drafts have seen an offensive lineman get picked in the Top 10, with 2024 being no different as Joe Alt went fifth and JC Latham went at No.7.

List of first overall NFL Draft picks

Year Player Position
2024 Panthers Caleb Williams QB
2023 Panthers Bryce Young QB
2022 Jaguars Travon Walker DE
2021  Jaguars Trevor Lawrence QB
2020 Bengals Joe Burrow QB
2019 Cardinals Kyler Murray QB
2018 Cardinals Baker Mayfield QB
2017 Cardinals Myles Garrett DE
2016 Cardinals Jared Goff QB
2015 Cardinals Jameis Winston QB
2014 Cardinals Jadeveon Clowney DE
2013 Chiefs Eric Fisher OT
2012 Cardinals Andrew Luck QB
2011 Panthers Cam Newton QB
2010 Cardinals Sam Bradford QB
2009 Cardinals Matthew Stafford QB
2008 Cardinals Jake Long OT
2007 Cardinals JaMarcus Russell QB
2006 Cardinals Mario Williams DE

How to bet on the 2025 NFL Draft

Sportsbooks will post odds for the player to go first overall in the draft as soon as 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 of going first overall in the NFL Draft will typically look like this:

  • Shedeur Sanders +400

This means that if you placed a $100 bet on Sanders, you would win $400 if the Buffaloes QB goes first overall in 2025. When you get closer to the draft and there is a consensus on who will go first overall, you might see a player with a minus sign (-) ahead of his odds, like this:

  • Carson Beck -550

This means you'd have to bet $550 to win $100 on Beck being drafted first overall.

Above we have posted the American odds for the 2025 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 Odds FAQs

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Chris Vasile Covers.com
Publishing Editor

Chris Vasile has been in the betting industry for well over a decade honing his craft as a writer, editor and handicapper. A journalism graduate from Conestoga College in Kitchener, Ontario, Chris has contributed betting and non-betting content for online publications such as ProSportsDaily and The Hockey Writers, in addition to Covers. With a keen interest in soccer, Chris has been featured on Covers' 'Before You Bet' and runs his own YouTube channel — Game Day Wagers.

When it comes to daily sports betting, his sportsbook of choice is bet365 for the plethora of markets and great UX. Chris' top sports betting advice is to stick to what you know. Being a jack of all trades and master of none is a quick way to bust the bankroll. Find one or two sports you can devote your time to and trust the process.

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