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PASADENA, CALIFORNIA - SEPTEMBER 04: Derek Stingley Jr. #7 of the LSU Tigers reacts against the UCLA Bruins in the first quarter at Rose Bowl on September 04, 2021 in Pasadena, California. Ronald Martinez/Getty Images/AFP (Photo by RONALD MARTINEZ / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

As the 2022 NFL draft approaches, the rumor mill is ever-changing - influencing the betting market. 

The debate as to who will go number one overall continues; however, we're beginning to gain further clarity on which player will be taken with the third overall pick. 

RELATED: Travon Walker Becomes the Favorite To Be First Pick in 2022 NFL Draft

As of Tuesday afternoon, former LSU cornerback Derek Stingley Jr. has become the betting favorite to be drafted third by the Houston Texans at +300.

Check out the latest comprehensive and most trusted Sportsbook Reviews by SBR here.

As of Monday, Stingley Jr. was +550 at Caesars and +600 at FanDuel and DraftKings sportsbooks, signifying sharp movement in his odds. 

Stingley Jr. was sensational in his rookie year at LSU in 2019 when he caught six interceptions. Since then, injuries have hampered his playmaking abilities on the field. 

However, he would change the narrative at his Pro Day this spring, registering a 4.37 40-yard dash and a vertical jump of 38.5 inches - proving that he is healthy and a dynamic talent with tremendous upside. 

Though he has taken over as the betting favorite in this slot, it's a tight race, as four other players are favored closely behind him. 

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We'll be sure to update you on the impending odds shift as the market adapts to the whirlwind leading up to the 2022 NFL Draft.

Make sure to keep an eye on our Live Odds page throughout the week to get the best lines possible and connect with others in the SBR community on our popular sports betting forum