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NBA Draft Betting Recap: Crazy Week for Sportsbooks As Paolo Banchero Goes No. 1

Winners and losers are assigned quickly after every draft. Victors are declared and grades are assigned as soon as all the picks are in, even though it may be a few seasons before we truly know how good or bad a pick was. But we do know the winners and losers right away when it comes to betting.

Many bettors who picked the NBA draft No. 1 pick knew which category they were in before the pick was officially announced Thursday.

Brad Penner/USA TODAY Sports

Paolo Banchero, not longtime favorite Jabari Smith, had the honor of going first overall to the Magic.