Sign Up Subscribe

2027 NFL Draft Betting Odds: Arch Manning Opens as Favorite at No. 1

Patrick Everson
Patrick Everson Sports Betting Expert
6 minute read
2027 NFL Draft Betting Odds: Arch Manning Opens as Favorite at No. 1
NFL Futures Odds

NFL Draft odds are already up for 2027, at least for the No. 1 overall pick. Which proves, beyond a shadow of a doubt, that football in general and the NFL in specific drive the American sports betting bus.

People care about the NFL so much that they'll get juiced up just to bet on the Draft. And for the second straight year, Arch Manning opened as the favorite to go No. 1 overall.

Below is the latest on NFL Draft prop bets, along with insights from oddsmakers. Check back regularly for updates on NFL Draft odds and use our BetMGM bonus code to get the most out of your action.

Also, be sure to utilize our prediction market apps and Kalshi promo code by clicking on the module below, to get the most out of your action.

(Feature image: Mark J. Rebilas/Imagn Images)

Updated on 5/9/26

Kalshi
Trade $10, Get $10!
Bonus Code
INSIDER
Claim $10
Must be 18 years or older and have a legal, U.S. residential address within the applicable state, D.C., or U.S. territories. Not available in AZ, IL, MA, MD, MI, MT, NV, and OH.

2027 NFL Draft Odds

The Golden Arch

Before you bet, check out Action Network's NFL Draft First Round Predictions!

LATEST UPDATE: 2026 NFL Draft odds are in the rearview mirror. No surprise, Indiana quarterback Fernando Mendoza went No. 1 overall to the Las Vegas Raiders.

But much of the first round was full of surprises, including:

  • A stunning move by the Los Angeles Rams, who drafted Alabama QB Ty Simpson No. 13 overall. Simpson was expected to be a late-first-round/early-second-round pick at best.
  • A last-minute huge flip in the favorite at No. 2, with Texas Tech edge rusher David Bailey going to the New York Jets, rather than Ohio State linebacker Arvell Reese.
  • Ohio State wideout Carnell Tate going No. 4 overall to the Tennessee Titans.

"The NFL Draft was a mixed bag for the sportsbook," BetMGM trading manager Christian Cipollini said. "Bettors won on Jeremiyah Love being the third pick and Ty Simpson being drafted by the Rams.

"Fernando Mendoza being the first pick was one of the best results for the sportsbook. Mendoza opened +10000, but his odds moved quickly and were -10000 for a long time."

Now, it's on to 2027 NFL Draft odds, with sportsbooks already starting to post numbers on the No. 1 overall pick. At DraftKings, Texas QB Arch Manning opened as the +225 favorite.

Manning also opened as the favorite last year, in that same odds range. In December, though, he opted to stay with the Longhorns for his junior season.

Oregon QB Dante Moore follows Manning at +380 in DK's NFL Draft odds. In fact, the top five prospects in 2027 NFL No. 1 overall pick odds are quarterbacks:

Ohio State wideout Jeremiah Smith checks in as the +1600 sixth choice to go No. 1 overall.

NFL Draft Order Process

  • The NFL Draft order is determined by the standings at the end of the regular season.
  • The team with the worst record selects first in the NFL Draft, and each team will follow up to the 20th selection.
  • The remaining 12 teams that qualified for the playoffs will be placed in order of their elimination during the postseason. So the Super Bowl champion Seattle Seahawks have the 32nd pick, preceded by the New England Patriots.

NFL Draft History of No. 1 Picks

Looking at recent NFL Draft history, quarterbacks have been selected first in 13 of the last 17 drafts.

A quarterback has been taken with the No. 1 overall pick in eight of the last nine drafts. The 2022 installment saw Jacksonville select Travon Walker, a defensive standout from Georgia.

The No. 1 overall pick has been a quarterback or a lineman in each of the last 26 drafts, making it highly unlikely that a running back, receiver, linebacker or defensive back will be the first player selected in the 2027 NFL Draft.

Need a place to bet on any of the NFL markets? Check out our best NFL betting sites page.

NFL Featured Odds

Popular NFL Odds

Most Popular Betting Odds

Patrick Everson

Patrick Everson

Patrick Everson is a senior reporter for VegasInsider. Based in Las Vegas since 1994, he's worked in the sports betting journalism/content space for more than a decade. He's most known for his deep roster of contacts behind sportsbook counters, providing readers and viewers with the ins-and-outs of how events are being bet. He's also a thought leader in the sports betting space, often appearing on or moderating panels at national conferences. More from Patrick Everson
•