The first reported six-figure NFL Draft bet is in.
On April 19, DraftKings took a $100,000 bet on Mac Jones to be the third pick in Thursday's draft, which would net $175,000. DK took another big bet on Lance earlier today.
At time of publish, Trey Lance was the betting favorite to go No. 3 at DraftKings at -150. Jones was +125.
5:30 p.m. ET Update
A bettor at DraftKings got down $75,000 on Trey Lance to go No. 3 overall at even money earlier in the day Thursday, likely as the market was shifting toward the North Dakota State quarterback and away from Jones as rumors swirled about the 49ers would do.
And big money continues pouring in on Trevor Lawrence.
Bets on Trevor Lawrence to go No. 1:
$50,000 to net $4,000 (BetMGM)
$29,900 to net $60 (FanDuel)
$20,000 to net $40 (FanDuel)
$18,000 to net $185 (PointsBet)
$15,500 to net $155 (PointsBet)
$10,000 to net $100 (DraftKings)
$8,500 to win $85 (PointsBet)
— Darren Rovell (@darrenrovell) April 29, 2021
1 p.m. ET Update
The biggest overall market for tonight’s NFL draft is without a doubt the third pick overall, but the biggest bets are on the No. 1 pick.
Wait, really?
Yes. Everyone's going with the free money theory. Three of the top bets we’ve found at sportsbooks are all on Trevor Lawrence to the Jaguars.
Yes, nearly all sportsbook still have the prop up, albeit at -10,000 (risking $10,000 to win $100).
The biggest bet we’ve found is at BetMGM. A bettor caught Lawrence at -1250 and will net $4,000 off his $50,000 bet if NFL commissioner Roger Goodell calls the former Clemson Tigers quarterback’s name first.
PointsBet’s top three bets are also on Lawrence.
- $18,000 to win $180.
- $15,500 to win $155.
- $8,500 to win $85.
Free money is free money, but those bets are hard to wrap their head around.
Other Big Bets
Some of the other biggest bets on the NFL Draft are also "free money" — like Ja'Marr Chase to be the first wide receiver selected, at
- $10,000 to net $800 on Ja’Marr Chase to be first WR (BetMGM)
- $8,000 to net $1,600 on Ja’Marr Chase to be first WR (William Hill)
- $8,000 to net $2,460 on Patrick Surtain Jr. to be first CB (William Hill)
- $4,000 to net $2,667 on Chargers to pick an offensive lineman first (PointsBet)
- $4,000 to net $2,758 on Jaylen Waddle under 11.5 pick (PointsBet)
