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Betting Market Surged Ahead of Trey Lance Pick by 49ers in NFL Draft

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Trey Lance went from underdog to favorite to be the No. 3 pick quickly Thursday afternoon, with a rush of betting action on the quarterback out of North Dakota State hitting sportsbooks leading up to the NFL draft.Alabama quarterback Mac Jones and Ohio State quarterback Justin Fields had been the top two favorites to go third for much of the past three weeks. At Caesars Sportsbook by William Hill, Jones eventually emerged as a -300 odds-on favorite entering draft day. Lance began the day as a 3-1 underdog. That changed in just a few hours Thursday afternoon.A flurry of betting action showed up on Lance — and against Jones — early in the afternoon, shortly after NFL Network reporter Daniel Jeremiah said on “The Pat McAfee Show” that he was hearing that the North Dakota State quarterback would be the 49ers’ pick.

The betting interest on the odds to be the No. 3 pick topped all other draft propositions offered at sportsbooks. More than twice as much money was bet on the No. 3 pick as any other draft offering at William Hill. FanDuel said the odds on the No. 3 pick was its most heavily bet market of the draft as well.

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