2026 NFL Draft Odds: Fernando Mendoza Favorite to go No. 1; Raiders Lock up Top Pick
Last Updated: January 5, 2026 2:22 PM EST • 3 minute read X Social Google News Link
With the NFL regular season coming to a close, the Las Vegas Raiders have locked up the No. 1 pick, and Indiana QB Fernando Mendoza is the overwhelming favorite by the 2026 NFL Draft odds to hear his name called first in April.
The Heisman winner is -450 to be the first player drafted, implying a better than 80% probability that the Raiders will select the Hoosiers' star. Even with a vacancy at head coach, it seems likely GM John Spytek will want to address the QB position, especially with how glowingly part-owner Tom Brady has talked about Mendoza.
Oregon QB Dante Moore (+450) is the only other player with shorter than +2200 odds to go No. 1. However, there's still plenty of time until the 2026 NFL Draft gets underway in Pittsburgh on April 23.
📊 Live 2026 NFL Draft odds
Our 2026 NFL Draft odds update in real time based on the odds from our top NFL betting sites.
📋 2026 NFL Draft order
First 18 picks are finalized; final 14 picks determined by playoff finish.
| Pick | Team | Record |
|---|---|---|
| 1 | Las Vegas Raiders | 3-14 |
| 2 | New York Jets | 3-14 |
| 3 | Arizona Cardinals | 3-14 |
| 4 | Tennessee Titans | 3-14 |
| 5 | New York Giants | 4-13 |
| 6 | Cleveland Browns | 5-12 |
| 7 | Washington Commanders | 5-12 |
| 8 | New Orleans Saints | 6-11 |
| 9 | Kansas City Chiefs | 6-11 |
| 10 | Cincinnati Bengals | 6-11 |
| 11 | Miami Dolphins | 7-10 |
| 12 | Dallas Cowboys | 7-9-1 |
| 13 | Los Angeles Rams (via Atlanta Falcons) | 8-9 |
| 14 | Baltimore Ravens | 8-9 |
| 15 | Tampa Bay Buccaneers | 8-9 |
| 16 | New York Jets (via Indianapolis Colts) | 8-9 |
| 17 | Detroit Lions | 9-8 |
| 18 | Minnesota Vikings | 9-8 |
| 19 | Carolina Panthers | 8-9 |
| 20 | Dallas Cowboys (via Green Bay Packers) | 9-7-1 |
| 21 | Pittsburgh Steelers | 10-7 |
| 22 | Los Angeles Chargers | 11-6 |
| 23 | Philadelphia Eagles | 11-6 |
| 24 | Buffalo Bills | 12-5 |
| 25 | Chicago Bears | 11-6 |
| 26 | San Francisco 49ers | 12-5 |
| 27 | Houston Texans | 12-5 |
| 28 | Cleveland Browns (via Jacksonville Jaguars) | 13-4 |
| 29 | Los Angeles Rams | 12-5 |
| 30 | New England Patriots | 14-3 |
| 31 | Denver Broncos | 14-3 |
| 32 | Seattle Seahawks | 14-3 |
🔢 Opening odds for No. 1 pick of 2026 NFL Draft
Odds via DraftKings.
- Arch Manning (+200)
- Drew Allar (+225)
- Garrett Nussmeier (+450)
- Cade Klubnik (+1800)
- T.J. Parker (+2500)
- Keldric Faulk (+2500)
- Caleb Downs (+2500)
- LaNorris Sellers (+3000)
- Carson Beck (+3000)
- Jayden Maiava (+3500)
- Dante Moore (+3500)
- Spencer Fano (+4000)
- Miller Moss (+4000)
- Harold Perkins Jr. (+4000)
💰 NFL draft odds history
| Year | Pick | Position | Odds |
|---|---|---|---|
| 2025 | Cam Ward | QB | +1500 |
| 2024 | Caleb Williams | QB | -1000 |
| 2023 | Bryce Young | QB | -1000 |
| 2022 | Travon Walker | DE | +140 |
| 2021 | Trevor Lawrence | QB | -1000 |
| 2020 | Joe Burrow | QB | OFF |
| 2019 | Kyler Murray | QB | -400 |
| 2018 | Baker Mayfield | QB | -175 |
| 2017 | Myles Garrett | DE | -400 |
| 2016 | Jared Goff | QB | -850 |
| 2015 | Jameis Winston | QB | -1500 |
| 2014 | Jadeveon Clowney | DE | -400 |
❓2026 NFL Draft FAQs
Who is favored to be the No. 1 pick in the 2026 NFL Draft?
Indiana QB Fernando Mendoza is the favorite to be the No. 1 pick, according to the 2026 NFL Draft odds. His odds of -450 imply an 81.82% probability he'll go No. 1 in April, according to our odds converter.
Who has the No. 1 pick in the 2026 NFL Draft?
The Las Vegas Raiders have the No. 1 pick in the 2026 NFL Draft after finishing 3-14. The New York Jets, Arizona Cardinals, Tennessee Titans, and New York Giants round out the top five picks in he draft.
Who was the first overall pick last year?
The Tennessee Titans selected Miami QB Cam Ward with the No. 1 pick in the past NFL draft.
When is the 2026 NFL Draft?
The 2026 NFL Draft will be held from April 23-25. The first round of the draft will begin at 8 p.m. ET on Thursday, April 23.
Where is the 2026 NFL Draft?
The 2026 NFL Draft will be held in Pittsburgh.
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