Inside the Trading Room- How Does Vegas Set NFL Draft Prop Odds?
Here's how oddsmakers set the odds for NFL Draft props, and how you can use it to make informed wagers.
If you're looking to bet on the 2022 NFL Draft, the BetSided team has you covered with a ton of insight and analysis, as well as some insight from the oddsmakers at WynnBET.
We spoke to WynnBET Trader John Manica to see how oddsmakers go about the process of setting draft odds, in hopes to better inform sports bettors of how they should view the 2022 draft.
“Once a few mock drafts come out, you can create an average draft position for guys and there is usually a pool of players that can go first overall," Manica said. "There will always be a couple outliers that you need to add after original creation. You take into consideration the teams at the top of the draft, what their needs are based on the talent pool in the current college year and go from there.
"We made the linemen the favorites early on because Jacksonville has the quarterback they need in Lawrence. Their mindset has to be now let's protect him. But, that changed quickly with the offseason news and then Walker became all the rage of the draft who had very long odds, possibly not even on the board, of original first round mocks.”
Right now, Travon Walker is heavily favored at WynnBET to be the No. 1 pick in this year's draft. Walker's rise has materialized over time as new information around teams, as well as the latest mock drafts have materialized.
WynnBET is offering a ton of props from No. 1 and No. 2 overall pick to the team that will select quarterbacks like Malik Willis and Kenny Pickett.
Looking for a breakdown of what props to bet in the 2022 NFL Draft? Check out the BetSided team's top picks in the video below:
This article was originally published on www.fansided.com/betsided as Inside the Trading Room: How Does Vegas Set NFL Draft Prop Odds?.