Introduction:
FanDuel is a very popular online betting platform. The platform is very famous among sports bettors in the United States. FanDuel offers you different types of amazing betting options. You can bet on your favorite sports and daily fantasy sports on the platform. You can also play some online casino games here. NFL betting is one of the most famous betting options on the platform. Now if you are a football fan, then you must know that the NFL Draft is one of the most exciting events in football. In it, teams select the top college prospects to build their future rosters. But do you know whether you can also place bets on the draft or not?
Don’t you know that you can bet on the NFL Draft on FanDuel?. You need not to worry. In this article, I will be telling you everything about how NFL Draft betting works on FanDuel. I will also be telling you in detail about what types of bets you can place in the event. Moreover, I will be telling you about all the key rules you need to know before wagering. Then what are you waiting for?. Let’s begin the show.
Can You Bet on the NFL Draft on FanDuel?.
The straightforward answer to this question is yes. Remember that FanDuel offers you to bet on the NFL Draft. But the availability of this option depends on the sports betting laws of your state. There are some states that allow you to net on the draft. While there are others that prohibit you from betting on non-sporting events. And these events include drafting and selecting player too.
States Where You Can Bet on the NFL Draft:
Currently, there are some states that typically allow you to bet on NFL Draft. These states include:
- New Jersey
- Pennsylvania
- Michigan
- Colorado
- Indiana
- Tennessee
- West Virginia
But, there are some states that restrict betting on non-game-related events. These states include New York and Nevada too. So you should always check FanDuel’s sportsbook. And you will see if NFL Draft bets are available in your location or not.
Types of NFL Draft Bets on FanDuel:
FanDuel offers a variety of NFL Draft betting markets. Some of them are very popular. Here are the most popular ones:
1. First Overall Pick:
In it, you can bet on which player will be selected first overall in the draft. This is the one of the most common and widely available NFL Draft bets. In it, the odds change based on mock drafts and team needs. These odds also change based on the expert’s predictions too.
2. Player Draft Position (Over/Under Bets):
In it, you can bet on whether a player will be drafted before or after a specific pick number. For example, you can bet if Caleb Williams will be drafted over or under pick 2.5?.
3. First Player by Position:
Here, you can bet on which player will be drafted as the first quarterback and running back. You can also bet in this on which player will be drafted as the wide receiver and defensive player.
4. Team to Draft a Specific Player:
In this betting type, you can predict which NFL team will select a specific player in the draft. For example you can bet on which team will draft Marvin Harrison Jr.?.
5. Number of Players Drafted from a Specific School:
In this, you can bet on how many players from a college team will be selected in the first round.
6. Total Players Drafted by Position:
In it, you can bet on how many quarterbacks and offensive linemen will be selected. You can also predict how many defensive backs will be selected in the first round.
How NFL Draft Odds Work on FanDuel:
NFL Draft odds are based on media reports and mock drafts. They are also based on team rumors as well. This is not like the regular NFL game betting. It is because there is no direct performance data involved in it to rely on.
In the NFL draft, the odds shift frequently based on different factors. They can shift based on player Pro Day and Combine results. It can also shift based on rumors and insider news, team needs and trade speculations. The mock draft updates from analysts also affect the odds.
Remember that NFL Draft betting is unpredictable. So smart bettors can place early bets before the odds shift due to late-breaking news.
NFL Draft Betting Rules on FanDuel:
Before you place a bet, you should understand FanDuel’s NFL Draft betting rules. Some of these rules include:
- Remember that your bets are final once placed. So you cannot change your bet after submission.
- If a player withdraws from the draft, then bets on that player are voided. After that, you will get a refund for these bets.
- Trades between teams do not impact settled bets unless a specific team selection bet is voided.
- If the draft is canceled or postponed, then FanDuel’s policy varies based on state regulations.
Remember that you should always review FanDuel’s terms and conditions for the latest rules. You can check these rules and regulations on their official website.
Strategies for Betting on the NFL Draft on FanDuel:
Keep in mind that NFL Draft betting relies on speculation rather than game performance. So there are some strategies that can improve your chances of winning. The best among these strategies include:
1. Follow Trusted Mock Drafts:
You should check mock drafts from different experts. You can consider experts like Mel Kiper Jr. (ESPN), Daniel Jeremiah (NFL Network) and Todd McShay (ESPN). After that, you should compare their different predictions before placing your bets.
2. Monitor Team Needs and Trade Rumors:
You should keep an eye on the team draft strategies. If a team is in need of a quarterback, then they might trade up to select one.
3. Bet Early Before Odds Shift:
Remember that the odds can change quickly due to news and rumors. So placing bets early can lock in better value before sportsbooks adjust the lines.
4. Use Over/Under Bets for Safer Wagering:
If you are unsure about a player’s exact pick number, bet on their draft position over/under.
5. Watch the NFL Scouting Combine and Pro Days:
A strong performance at the NFL Combine can increase a player’s draft stock. This will also shift the betting odds. If a player has a poor performance, then the odds can drop.
Conclusion:
FanDuel is a very famous online sports betting platform. The platform has been trending for quite some time. You can bet on different sports here. One of them is the NFL betting. Many people want to know if they can bet on the NFL Draft on FanDuel?. The answer is yes. But this depends on your state’s betting regulations. FanDuel offers different types of NFL Draft betting markets. This includes bets on the first overall pick and draft positions. This also includes the team selections as well. Before you place your bet, you should always check FanDuel’s NFL Draft betting availability in your state. If it is allowed, then you should do it. It is because betting on the NFL Draft can be an exciting and profitable experience!
FAQS:
Q.: Is betting on the NFL Draft legal on FanDuel?.
Ans: Yes. But it is available only in certain states. States like New Jersey, Pennsylvania and Michigan allow it. While states like New York etc prohibit it.
Q: Can I bet on who will be the first overall pick in the NFL Draft?.
Ans: Yes. FanDuel offers different odds on the first overall pick. In it, the betting lines changing is based on mock drafts and team rumors.
Q: What happens if a player withdraws from the NFL Draft after I place a bet?.
Ans: If a player withdraws from the draft, then FanDuel will void the bet. They will refund your money after that.
Q: Can I bet on how many quarterbacks will be drafted in the first round?.
Ans: Yes. FanDuel allows over/under bets on the number of players drafted by position. These positions include quarterbacks, wide receivers and defensive players.
