NFL Draft Odds: Fernando Mendoza Predicted to Go 1st Overall

Indiana quarterback Fernando Mendoza (15) reacts during the second half of the Peach Bowl NCAA college football playoff semifinal against Oregon, Friday, Jan. 9, 2026, in Atlanta.
(AP Photo/Brynn Anderson)
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Based on current NFL Draft odds, Indiana quarterback Fernando Mendoza is predicted to go first overall. 

NFL Draft Odds: First Overall Pick 2026

Name Odds
Fernando Mendoza-10000
Rueben Bain Jr.+5000
Arvell Reese+8000
Caleb Downs+12500
Francis Mauigoa+15000
Ty Simpson+15000
David Bailey+15000
Spencer Fano+25000
Carnell Tate+25000
Drew Allar+50000

Mendoza opened as the favorite to go first in Pittsburgh. As early as May 2025, oddsmakers priced Mendoza at +10000 to go first overall. 

After a Heisman campaign and potential title, Mendoza now enters the Draft with a 99% implied probability to go first overall. 

Movement occurred last week after Oregon quarterback Dante Moore announced he would return to school. 

Prior to that announcement, oddsmakers priced Mendoza at -550 to go first. That price implied a 84.6% implied probability. 

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About the Author Read More @nickhennion

Nick Hennion is a senior content writer for BetMGM. His previous stops include VSiN, NBC Sports, The Action Network and Forbes Betting. He owns a bachelor's degree from Syracuse University and a master's degree from Northwestern University.

Nick Hennion is a senior content writer for BetMGM. His previous stops include VSiN, NBC Sports, The Action Network and Forbes Betting. He owns a bachelor's degree from Syracuse University and a master's degree from Northwestern University.