Pictured: USC's Caleb Williams Meg Oliphant/Getty Images.

2024 NFL Draft odds: Updated No. 1 pick betting lines, projections

Originally posted on Action Network | Last updated 4/23/24

Former USC quarterback Caleb Williams is the presumptive favorite to go No. 1 overall to the Bears, with no other player allotted more than a 3% chance to leapfrog the Heisman Trophy winner.

This market even further calcified after the Bears traded incumbent starting quarterback Justin Fields earlier this offseason.

2024 NFL Draft Odds: Updated No. 1 Pick Betting Lines

Player	Current Odds	Ticket%	Handle%
Caleb Williams	-10000	18.5%	76.90%
Jayden Daniels	3000	31.1%	10.60%
J.J. McCarthy	10000	15.9%	4.3%
Drake Maye	4000	11.7%	3.2%
Marvin Harrison Jr.	15000	8.6%	2.3%
Malik Nabers	25000	5.5%	1.00%
Michael Penix Jr.	15000	4.4%	0.80%
Bo Nix	15000	4.2%	1.10%

Caleb Williams

While the media world has strafed back and forth between whether Williams is truly deserving of this honor, it's clear that he'll be drafted No. 1 overall on Thursday, barring unforeseen circumstances. The dual-threat quarterback earned these stripes with quality seasons at both Oklahoma and USC against top competition. Whether he translates to the pros — or beats out the two quarterbacks that will be selected after him in Jayden Daniels and Drake Maye — remains to be seen. But among NFL prognosticators, this is a no brainer.

Jayden Daniels

A transfer from Arizona State to LSU yielded a Heisman Trophy award for Daniels, who initially struggled in college ball. Now, he's the likely candidate to go No. 2 overall to the Commanders. While Daniels has over 10% of the handle in this market, things would have to drastically change in order for Daniels to nab the top pick.

Drake Maye

Maye might be the most interesting prospect to go in the top five. He has the tangibles and arm strength, but his college record leaves a lot to be desired. Maye is the odds-on favorite to go No. 3 overall to the Patriots, but the odds board has him with a solid chance to go No. 2, too.

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