Sportsbooks Face Another Difficult First Round in NFL Draft Betting

(AsiaGameHub) –   Thursday night’s NFL Draft betting kept fans plenty engaged, but sportsbooks faced a tougher go of it. Multiple first-round surprises allowed bettors to cash in on prop markets, while both Circa and BetMGM posted mixed results across player draft position, team selection, and top 10 betting markets.

Good to Know

• Circa took another loss on NFL Draft betting, though the overall damage remained manageable.
• BetMGM paid out bettors who wagered on Jeremiyah Love at No. 3 and Ty Simpson being selected by the Rams.
• Long-shot picks including Mansoor Delane at No. 6 and Carnell Tate at No. 4 delivered sharp, profitable results for bettors.

Bettors Score Big on Multiple NFL Draft Prop Bets

Per Mike Palm, vice president of operations for Circa, The D, and Golden Gate sportsbooks in Las Vegas, Circa had another losing NFL Draft. The operator took relatively smaller hits when Notre Dame running back Jeremiyah Love went third overall to the Arizona Cardinals and Alabama quarterback Ty Simpson landed with the Los Angeles Rams at No. 13.

The more challenging result came from Tennessee cornerback Jermod McCoy. Bettors backed the over on his draft position, and he fell outside the first round. Circa also paid bettors who took the under on LSU cornerback Mansoor Delane after the Kansas City Chiefs traded up to No. 6 to select him.

Utah offensive tackle Spencer Fano gave Circa one of its few positive results. Cleveland took him ninth overall, which helped the sportsbook on the under bet, but winning opportunities remained limited.

BetMGM also described draft night as uneven. Fernando Mendoza going first overall gave the book a strong result after his odds opened at +10,000 and later sat at -10,000 for an extended stretch. However, wagers on Love at No. 3 and Simpson to the Rams both went against the sportsbook.

Simpson also helped bettors cash in on the over 1.5 quarterbacks in the first round prop. He had been +800 to go to the Rams and closed with a draft position of 29.5. The under hit easily. BetMGM did retain wager volume on another popular Simpson market, as the Steelers did not take him at +1,600.

Love drew heavy betting interest ahead of the draft. His odds to go third overall were +800 a week earlier, then closed at -110. He also led the No. 3 pick market with more than 30% of the total handle. Later, Seattle took his Notre Dame teammate Jadarian Price with the last pick of the first round, helping the over 1.5 running backs prop cash with 87% of bets and 61% of the total money behind it.

The No. 2 pick market also brought heavy action at BetMGM. The New York Jets took Texas Tech pass rusher David Bailey, who closed at +175. Ohio State pass rusher Arvell Reese had moved from +115 on Thursday morning to -250 before the draft, but he went fifth to the Giants at +2,000.

Delane created one of the biggest long-shot results for bettors. BetMGM had him as high as +10,000 to go sixth overall, and he still sat at +4,000 on Wednesday with limited tickets and handle. Ohio State receiver Carnell Tate also hurt the book when Tennessee took him fourth overall. BetMGM had offered +5,000 on Tate that day, while Love had been the clear favorite for that pick.

BetMGM avoided larger payouts across a few other markets. San Diego State cornerback Chris Johnson was the only one of the three most heavily wagered first-round players to get picked on Thursday, with Miami taking him at No. 27. Texas Tech linebacker Jacob Rodriguez led by ticket share, while Iowa offensive tackle Gennings Dunker also drew interest but missed the first round.

Top 10 betting went better for BetMGM. Arizona State receiver Jordan Styles went eighth to the New Orleans Saints at -500, but USC receiver Makai Lemon fell to No. 20 after Philadelphia acquired the pick from Dallas. Lemon had been the most bet player by tickets to go in the top 10 at +850.