2022 NBA Draft 1st Overall Pick Odds: Smith Favorite, Banchero Climbing


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The Lottery balls fell in the right order for the Orlando Magic, which earned the top pick for the fourth time in franchise history. Interestingly enough, Orlando has used its top picks all on big men, and pretty successful ones at that: Dwight Howard (2004), Chris Webber (1993), and Shaquille O’Neal (1992).
NBA betting on the draft is now a pretty big deal, and there's several markets available at DraftKings, including First Overall Pick Odds.
Here’s where the Magic could be looking with that top pick on June 23:
NBA Draft 2022 First Overall Pick Odds
Player | Odds |
Jabari Smith | -275 |
Paolo Banchero | +275 |
Chet Holmgren | +400 |
Jaden Ivey | +10000 |
Shaedon Sharpe | +15000 |
Chet Holmgren, C (+400)
We know it’s become commonplace during NBA Draft season to say it, but there truly hasn’t even been a prospect quite like Chet Holmgren before. He can handle the rock at 7-feet tall, he’s already an elite defender, and he shot 39% from beyond the arc. Size is the obvious issue here (he’s listed at 190 pounds) but the talent is rare and it’s evident.
He’s somewhat similar to Bamba, though Orlando can’t really worry about positional needs after missing out on the postseason for the 8th time in 10 seasons. Holmgren is a polarizing prospect with the highest range of outcomes, which may make him too risky a selection at the top. His odds have dropped from +330 in early June to +400 on the eve of the Draft.
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The Field
There was the slightest of chances that a wacky Lottery shake-up could have made one of the guards a potential top pick, but that didn’t happen.
No matter how much you like Kentucky’s Shaedon Sharpe or Purdue’s Jaden Ivey, there’s no value in wagering on them to go first on betting sites. It’ll be one of the three aforementioned players without a doubt.
Our Pick For 1st Overall Selection
Jabari Smith
We really feel like Holmgren’s upside should make him the first overall pick, but the smoke around Smith is heavy. The Magic need shooters, and they have some potential inside (that Holmgren could fill) with Carter and Bamba. There isn’t much value with Smith on the best betting apps at this point, but he’s a safe bet at -275.

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About the Author

Mark is a veteran sports betting journalist who has covered the Bulls and the NBA since 2012. His work has appeared on ESPN.com, FoxSports.com, The Chicago Tribune and Yahoo Sports. He regularly provides NBA betting picks, as well as in-depth sportsbook reviews and the latest promo codes for all the major sports gambling operators, including Caesars Sportsbook, BetMGM, DraftKings, FanDuel and more.