Find out how to bet on the NBA Draft online with our detailed betting guide. Find out what types of bets you can place, with some tips and tricks ahead of the 2022 NBA Draft.
Please note: NBA Draft betting is legal only in the following states: AZ, AK, CO, IL, IA, LA, NV, NH, NJ, MI, OR, RI, TN, WV, WY.
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Read more about How to Bet on the NBA Draft
2022 NBA Draft: Preview
Draft day is finally here. After years of evaluating prospects in this class, the 2022 NBA Draft arrived with a lot of uncertainty throughout the first round. The Orlando Magic are ranked No. 1 overall, and it looks like their choice is made.
The big three of Auburn’s Jabari Smith, Gonzaga’s Chet Holmgren and Duke’s Paolo Banchero circled, with Smith now the likely favorite to head to Florida. What could it mean for the Sacramento Kings at No. 4 if Banchero and Holmgren are caught in the top three?
For fans of the NBA, especially the Magic, the New York Post will be following every twist until the first name is announced from the Barclays Center podium on Thursday, and you can get your hands on some great betting bonuses for the NBA 2022 Draft.
Our NBA expert walks you through everything you need to know about betting on the 2022 NBA Draft, from the types of markets available to some helpful tips and tricks to help you get more bang for your buck.
Most Common NBA Draft Bets
There are a wide range of different NBA Draft markets you can bet your money on, however, we understand they can be confusing at times. The post reviews some of the markets offered and explains them below.
First Overall Pick
No doubt everyone will have their eyes on the first draft pick. When you visit any of the best NBA Draft betting sites, you will likely see this market at the forefront of their draft picks.
For this bet, you are betting on who will be selected first in the draft, the first pick of this year belonging to the Jacksonville Jaguars. The market for the first overall draft pick would look like this:
Player | Chances to take N°1 overall |
Jabari Smith | –380 |
Paolo Banchero | +250 |
Chet Holmgren | +2200 |
Jaden Lierre | +20000 |
Shaedon Sharpe | +20000 |
Keegan Murray | +20000 |
As you can see, there are often times when there is a clear favorite, with this year’s favorite being Jabari Smith. This would be due to the team holding the No. 1 pick and their needs for their roster.
The only thing that matters with this market is whether the player you bet on gets drafted first or not. This bet does not take into account the position of the player or the team that selects him, only if he is the first choice of the repechage.
In addition to first-time draft markets, there are also second- and third-player draft markets. In this case, you will only have to focus on the second and third draft players, not the teams or position they play, but it will be important to consider the teams that have the second and third picks in the altogether when.
Top 10 draft picks
Another popular betting market for the NBA draft is whether or not certain players will be selected in the top 10 of the draft. It’s a great market to find value in, as there are often late deals and shock picks, making the draft nearly impossible to predict.
Player | Chances |
Jalen Duren | +115 |
Jérémy Sochan | +115 |
AJ Griffon | +210 |
Ochai Agbaji | +260 |
Marc Williams | +650 |
Grand Branham | +900 |
Jalen Williams | +1200 |
If you think you’ve found value in a player who isn’t supposed to be in the top 10, then it’s worth taking a look at this market.
Choice of players above/below
Do you have a favorite player in this year’s draft? So here’s where you can get behind them. Sports betting sites will offer over/under bets on players to take above or below a specific pick, and will look like this.
Nikola Jovic draft position
draft station | Chances |
More than 23.5 | -145 |
Less than 23.5 | +115 |
Again, there’s a lot of value to be found here, given that the chances of a player being caught early are often very good.
Live Draft Bets
Live, or in-play, betting makes perfect sense for the NBA Draft. As teams select players, the odds and lines are constantly changing, with upsets occurring regularly in the first round of the NBA Draft.
Online sports betting will have markets on the next player to be drafted which will be constantly updated throughout the draft. Expect last minute trades, unexpected picks and more.
Where to bet on the NBA Draft?
Some states prohibit bettors from betting on the NBA draft, classifying the draft as a non-sporting event. New York is one of six legal online betting states where you cannot bet on the NBA draft.
Here is the list of states in which betting on the 2022 NBA Draft is legal:
- Arizona
- Arkansas
- Colorado
- Illinois
- Indiana
- Louisiana
- Nevada
- New Hampshire
- New Jersey
- Michigan
- Oregon
- Rhode Island
- Tennessee
- West Virginia
- Wyoming
Please note: Bettors from New York, Connecticut, Mississippi, Pennsylvania, Washington DC and Virginia cannot bet on the 2022 NBA Draft.
Tips and Tricks for Betting on the NBA Draft
Watch out for fake drafts
The NBA Draft has grown in popularity over the past decade and there are a number of sources dedicated to reading the tea leaves and projecting the proper order of players selected in the NBA Draft. These fictional drafts are a great place to start your NBA Draft handicap.
News and Rumors
Keep your ear to the ground when it comes to writing news and rumors. Be sure to follow NBA insiders and draft analysts on social media and get the latest takes and rumbles from team headquarters, especially regarding potential trades and teams moving forward in the draft. ordered.
wait late
The juiciest and most actionable information to bet on the NBA draft comes out in the 48 hours leading up to the first round and up to the last minute.
Team picks and plans can often be leaked to the media in this window, allowing you to beat your bookmakers to the punch before they take the odds off the board. Some sportsbooks are required to close NBA Draft betting within this two-day window, so make sure you know the house rules at your betting site of choice.
How To Bet NBA Draft FAQ
When is the 2022 NBA Draft?
The 2022 NBA Draft will take place on Thursday, June 23 at 8 p.m. ET au Barclays Center de Brooklyn, NY
Who are the best players in the 2022 NBA Draft?
The top stars in this year’s NBA draft are Gonzaga’s Chet Holmgren, a slim but nail-tough seven-footer who seemingly can do it all. Auburn big man Jabari Smith, who spent last season making seemingly impossible shots, is the favorite to become No. 1 overall. Let’s not forget Duke’s Paolo Banchero, a creative shooter who is as polished in the paint as he is on the perimeter.
Where can I bet on the NBA Draft?
Most of the top sports betting sites will offer a range of markets for the NBA Draft. Check out the best sports betting sites to see what deals you can claim ahead of the 2022 NBA Draft.
How can I watch the NBA Draft?
The entire 2022 NBA Draft will air on ABC and ESPN as well as stream on NBA.com.