2025 NFL Draft betting, odds, lines: 'A necessary evil' — Why bookmakers hate the NFL Draft

Has the opportunity run out for sharp bettors on the information-based market?

10 min read

The 2025 NFL Draft will get underway in less than a week from Green Bay, Wisconsin, with QB Cam Ward the heavy favorite to go No. 1 (-10000 at BetMGM; a $100 wager wins $1). But unlike the Super Bowl a few months ago when oddsmakers were looking forward to the biggest betting event of the year, many are dreading this coming Thursday. The reason?

As sportsbooks in Nevada won a record $22.1 million on Super Bowl LIX in February — and have only lost two Super Bowls since 1991 — booking the NFL Draft has generally been a losing proposition for oddsmakers. And it has been a winning proposition for sharp…