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FanDuel Back Up With NBA Draft Odds; Smith Opens as Heavy Favorite but Odds Changing by the Minute

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GREENVILLE, SOUTH CAROLINA - MARCH 20: Jabari Smith #10 of the Auburn Tigers reacts in the second half against the Miami (Fl) Hurricanes during the second round of the 2022 NCAA Men's Basketball Tournament at Bon Secours Wellness Arena on March 20, 2022 in Greenville, South Carolina. Eakin Howard/Getty Images/AFP (Photo by Eakin Howard / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

A Woj Bomb shook the foundation of the NBA Draft, causing sportsbooks to take down odds for the top pick, but FanDuel returned with odds tilted heavily in favor of Auburn power forward Jabari Smith getting drafted first overall.

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The odds moved quickly. Here are the NBA Draft first pick odds from FanDuel. (as of 10:45 am EST)

ODDS UPDATE: 11:15 am EST

Smith is now -2100 at FanDuel. Banchero +400.

UPDATE: 11:28 am EST

Smith moved to -1300.

UPDATE: 11:42 am EST

Smith now -700

UPDATE: 2 PM EST

Smith at -260

Over the past week, there was a significant move in the odds of Duke power forward Paolo Banchero, who was priced in the range of +1400 to get drafted No. 1 a week ago, and then he was suddenly favored on the eve of the draft.

That move in Banchero’s direction looked similar to what happened in this year’s NFL Draft, when Georgia defensive end Travon Walker made a late charge to overtake Aidan Hutchinson for the No. 1 pick, but then ESPN’s plugged-in NBA reporter Adrian Wojnarowski put out his tweet Thursday morning and that stopped the top pick market in its tracks. It’s understandable because Wojnarowski has a reputation of knowing which players are going when and where in the draft, routinely beating the official announcement.

Sportsbooks pulled down the top pick odds and FanDuel returned to action first, with Auburn power forward Jabari Smith heavily favored at -10000 and Banchero with the second shortest odds at +1000. However, even after Wojnarowski’s report, the price for Smith moved to -6000 and Banchero’s odds dropped to +550. There is still some belief out there in Banchero, whether it is misplaced or not, to have the price keep shifting in his direction.

If nothing else, this uncertainty has added some spice to this year’s NBA 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