Betting on the NFL Draft in Nevada concludes 24 hours prior to the start of the event.
This implies that all bets on the NFL Draft need to be placed by Wednesday. In technical terms, by 5 p.m. on Wednesday, sportsbooks will cease to accept NFL Draft wagers.
Wagering on the NFL Draft is a fairly recent phenomenon. It was only since 2017 that Nevada sportsbooks began offering betting for it. The 24-hour deadline for betting on the NFL Draft has been implemented from the very beginning.
NFL Draft betting in Nevada is unique
NFL Draft betting, akin to all sports gambling, varies throughout the United States. Some states permit sportsbooks to provide more wager options, while others prohibit NFL Draft betting entirely.
Besides the termination of NFL Draft betting before the event, there could be another problem for those looking to bet on the event in Las Vegas.
The Nevada Gaming Control permits sportsbooks to offer only a limited variety of NFL Draft bets. The betting options for the NFL Draft in Nevada are fewer than in some other states and may decrease further depending on the sportsbook operator.
Different business models are employed by all sportsbooks. Those finding the NFL Draft less profitable may provide fewer betting options.
Each Nevada sportsbook operator offers a unique NFL Draft menu.
Sportsbooks that don’t provide any betting options for the NFL Draft may exist. However, visitors should be pleased to know that the sportsbooks nearest to the NFL Draft locations, such as Caesars/William Hill and BetMGM, do offer draft betting.
The confusion is further compounded by the fact that nationwide sports betting apps such as BetMGM may offer different NFL Draft menus in Nevada compared to other states. This is because Nevada technically falls outside the network of other states, which may also result in different odds.
The betting odds frequently fluctify depending on the amount of money gambled. As Nevada operates independently from other states, the odds at BetMGM may vary between New Jersey and Nevada.
Reminder to sign up for sportsbooks apps inside a casino
As we discuss nationwide sports betting apps, it’s timely to remind you that setting up a new Nevada sports betting account requires an in-person registration at a retail sportsbook within a casino.
The process of signing up is quite straightforward and typically only requires a few minutes. All new users need to do is present a government-issued ID to the sportsbook and the rest is easy.
A casino rewards card is typically required by most Las Vegas sportsbooks. For new visitors to Las Vegas, obtaining one could add a few extra minutes to the process.
This week, setting up a new sports betting account might take longer due to an increase in NFL fans in Las Vegas who are establishing mobile sports betting accounts for the first time.
Some visitors may find it logical to place NFL Draft bets at home. If anyone is arriving on Thursday and wants to place a bet, they should already have betting slips from another location.
Due to varying NFL Draft betting menus across sportsbooks, it might not be easy to find a suitable location in Nevada to place the preferred type of bet.
To reemphasize, NFL Draft betting in Nevada is prohibited starting from April 27, the day the Draft commences. This ban also extends to April 28 and 29.
Nevada NFL Draft props
BetMGM serves as a prime example of evolving NFL Draft menus. A few weeks ago, there were limited betting options available. However, for the past few days, the betting menu has significantly broadened.
This provides an overview of the current betting options and favorites offered by this Las Vegas sportsbook.
- Travon Walker is the 1st overall draft pick with odds of -240.
- Malik Willis is the first quarterback selected with a -155 odds.
- Breece Hall is the first running back selected with -250 odds.
- First Wide Receiver Chosen: Garrett Wilson -200
- Ahmad Gardner is the first cornerback selected with odds of -500.
- Ikem Ekwonu is selected as the first offensive lineman at -200.
BetMGM has seen some fluctuation with the first pick of the NFL Draft. Initially, the betting odds for Travon Walker were +3,000 at BetMGM across the country when the NFL Draft betting commenced.
Walker is currently favored at -160 in Las Vegas to be the first player selected in the NFL Draft. He’s an even larger favorite outside of Nevada, with odds of -175. He’s also the biggest liability at BetMGM sportsbooks.
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