National Football League

2024 NFL Draft odds: Broncos remain favorites to pick Bo Nix

Updated Apr. 25, 2024 11:41 a.m. ET

One team is the clear favorite to select Bo Nix just hours ahead of the 2024 NFL Draft.

The Denver Broncos remain the favorite to draft the Oregon quarterback, holding -140 odds to be Nix's landing spot.

However, the question seems to be whether Nix will be a top draft selection. The Broncos hold the No. 12 overall pick, which some believe might be too high to draft Nix.

Let's take a look at the latest odds on which team will draft Nix and where he might be selected, via DraftKings Sportsbook.

ODDS TO DRAFT BO NIX: *

Denver Broncos: -140 (bet $10 to win $17.14 total)
New York Giants: +500 (bet $10 to win $60 total)
Minnesota Vikings: +600 (bet $10 to win $70 total)
Los Angeles Rams: +650 (bet $10 to win $75 total)
Las Vegas Raiders: +750 (bet $10 to win $85 total)
New Orleans Saints: +1600 (bet $10 to win $170 total)
New England Patriots: +2500 (bet $10 to win $260 total)
Tampa Bay Buccaneers: +2500 (bet $10 to win $260 total)

BO NIX DRAFT POSITION

Over 32.5: -125 (bet $10 to win $18 total)
Under 32.5: -105 (bet $10 to win $19.52 total)

BO NIX ODDS TO BE A FIRST ROUND PICK

Yes: -105 (bet $10 to win $19.52 total)

BO NIX ODDS TO BE A TOP 10 PICK

Yes: +1200 (bet $10 to win $130 total)

* odds as of 4/25/24

The notion that Sean Payton could end up selecting Nix has seemed to be further solidified in recent days, with FOX Sports' Joel Klatt and Peter Schrager having Denver taking its next QB in their final mock drafts.

"The Broncos have to get a quarterback," Klatt wrote. "I think they like Nix, but they might want to try and trade down from this position, first. In their mind, they might think they can draft Nix later. However, there isn't really a player that someone has to move to No. 12 to draft.

"This might be a reach to draft Nix here, but this is a good fit for him. Sean Payton's offense is perfect for Nix."

Colin's QB comps: Caleb-Mahomes, Bo Nix-Brees, Drake Maye-Justin Herbert

As Klatt mentioned, the Broncos have a clear need for a quarterback after releasing Russell Wilson earlier this offseason. Their only notable quarterback addition was Zach Wilson, with Jarrett Stidham also in the mix.

However, Nix might not be the only quarterback Denver is targeting.

FOX Sports' NFL writers have the Broncos trading up to No. 8 to draft J.J. McCarthy in their final mock draft, with Nix falling out of the first round as a result. Payton hinted that the Broncos could be taking a quarterback in the draft when he spoke with reporters at the NFL's league meetings in late March.

Payton also said it was "realistic" that they could trade up in the draft. Peyton Manning also recently told Denver Sports that the Broncos are "very interested" in Nix.

So, that could explain why oddsmakers don't view Nix being a first-round pick as a near lock.

FOX Sports gambling analyst Geoff Schwartz would lean toward Nix not being a first-round selection, but didn't want to guarantee it.

"I don't think Bo Nix goes in the first round," Schwartz said on the "Bear Bets" show. "I could see a situation where you get to the Broncos at 12 and all five quarterbacks are gone. Like, there's a chance all five quarterbacks are gone. Will the Broncos just pass on him and hope he's available later or just ride with Stidham and Zach Wilson?"

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