Round 1 is done. Twenty-four teams made their picks. Eight franchises sat in the war room all night and never walked to the podium.
Now it's their turn.
Starting Friday at 7 PM ET, the Buffalo Bills, Cincinnati Bengals, Atlanta Falcons, Green Bay Packers, Indianapolis Colts, Jacksonville Jaguars, San Francisco 49ers, and Denver Broncos all make their first selection of the entire 2026 NFL Draft. Not their second pick. Their first. Their only Round 1 moment got traded away months ago for veterans, future capital, or both.
Kalshi has live position markets on all eight — nine contracts per team, 72 markets total, asking one question for each: what position does this team draft first?
Every single one of those markets is sitting at zero right now. No bids. No asks. Zero.
In prediction market terms, that usually means one of two things: everyone already knows the answer, or nobody's paying attention.
We're looking at the pick orders, the roster holes, and 72 markets that haven't been touched yet. Here's what the position play looks like for each team heading into Day 2.
The 8 Teams and What the Market Should Be Pricing
🦬 Buffalo Bills — Pick #35 (from Tennessee)
The Bills enter Day 2 first on the clock — and they do it with a pick they acquired from the Titans, not one they originally owned. Josh McDermott traded back multiple times on Thursday night, stacking Day 2 and Day 3 assets. Pick 35 is the reward.
The consistent mock draft target here has been offensive line. The Bills' interior is aging and their protection metrics slipped in 2025. OL at 35 is a clean value-need fit.
What Kalshi should be pricing: OL or WR — needs on both sides of the ball but OL has the draft capital logic behind it at this range.
→ Buffalo position market on Kalshi
🐅 Cincinnati Bengals — Pick #41
No first-round pick after the Tee Higgins extension fallout ate their draft capital. The Bengals gave up a lot to keep the core together — now they're paying the Day 1 price.
Defensively, their edge production was a real problem in 2025. Cincinnati gave up 28 sacks last year. DLED is the position most mocks have them targeting here, with OL as an alternate depending on who's available.
What Kalshi should be pricing: DLED heavy. This is the cleanest signal of the 8 teams.
→ Cincinnati position market on Kalshi
🐴 Indianapolis Colts — Pick #47
Anthony Richardson's health history makes this a complicated roster construction. The Colts didn't take a QB in Round 1, which means they're banking on the incumbent — and surrounding him with weapons.
Edge rusher depth is the biggest hole, but WR has been consistently floated in mock rounds as well. If a Clemson DLED falls to 47 the Colts are likely taking it. If not, expect a receiver.
What Kalshi should be pricing: DLED or WR — genuine split, which is exactly when these markets become interesting.
→ Indianapolis position market on Kalshi
🦅 Atlanta Falcons — Pick #48
The Sauce Gardner deal was worth it for Atlanta's secondary. It also cost them this pick. The trade is done — now they need to make up for it on offense, specifically at wide receiver, where their depth behind Drake London is thin.
This is one of the clearest need-position matchups of the 8 teams. Atlanta wants a receiver and they have the pick range to get a good one.
What Kalshi should be pricing: WR, full stop.
→ Atlanta position market on Kalshi
🧀 Green Bay Packers — Pick #52
Jordan Love needs weapons. That's been the Packers' story every offseason for the past two years and the answer has never fully arrived. Green Bay traded away their first-rounder and now gets one shot in Round 2 to fix the receiver room.
Every credible mock has the Packers taking a WR here. The question is which one falls — the board in rounds 1–51 will dictate who's available. But the position is about as locked as it gets for Day 2.
What Kalshi should be pricing: WR at 75¢+. This is the easiest read of the 8.
→ Green Bay position market on Kalshi
🐆 Jacksonville Jaguars — Pick #56
The Jaguars enter Day 2 with real needs at multiple spots. Losing Devin Lloyd left a linebacker-sized hole in their defense, and their wide receiver room outside of their top option is soft. This one could genuinely go either way depending on the board.
LB in the mid-50s is good value if the right player's there. WR is the alternative if the class falls their way.
What Kalshi should be pricing: LB slight edge over WR, but this is the second-hardest call of the group.
→ Jacksonville position market on Kalshi
🌁 San Francisco 49ers — Pick #58
The Niners burned their first-round capital chasing veterans and came up empty-handed on Thursday night. Now they pick at 58 — deep in Round 2 — with a receiver room held together by aging Deebo Samuel and a still-recovering Ricky Pearsall.
Chris Brazzell II out of Tennessee has been linked here in multiple rounds of mock analysis. The position call isn't hard: San Francisco needs a wide receiver and this pick is the answer.
What Kalshi should be pricing: WR, close behind Green Bay for most predictable play of the day.
→ San Francisco position market on Kalshi
🐎 Denver Broncos — Pick #62
Denver picks last of the 8 in Round 2. Bo Nix needs help — the Broncos' passing game ranked outside the top 20 in key efficiency metrics and their cornerback depth is a genuine liability.
The split here is WR vs. CB/SA. Both are legitimate needs. The Broncos' defensive investment history under this regime leans toward taking the corner if the right one's there — but at 62, you take the best available that fits.
What Kalshi should be pricing: WR or CBSA — hardest call of the group, which means the market is leaving real edge on the table.
→ Denver position market on Kalshi
The Opportunity Table
| Team | Pick | Position Call | Confidence |
|---|---|---|---|
| Buffalo Bills | #35 | OL | Medium |
| Cincinnati Bengals | #41 | DLED | High |
| Indianapolis Colts | #47 | DLED / WR | Split |
| Atlanta Falcons | #48 | WR | High |
| Green Bay Packers | #52 | WR | Very High |
| Jacksonville Jaguars | #56 | LB | Medium |
| San Francisco 49ers | #58 | WR | High |
| Denver Broncos | #62 | WR / CBSA | Split |
Why Are These Markets at Zero?
Here's the honest answer: because Round 1 just ended and nobody's looked at these yet.
These markets were almost certainly priced earlier in the week. When Round 1 picks clear and teams are confirmed to have no first-round selection, Kalshi resets the contract. Then Day 2 rolls around and fresh attention — and fresh money — has to find its way in.
That gap between "markets open" and "markets priced" is real. It happened in Round 1 yesterday with the intraday moves we tracked. It'll happen again tonight.
The edge isn't that these teams are mystery boxes. It's that the position call on most of them — Packers WR, Falcons WR, 49ers WR, Bengals DLED — is about as obvious as it gets, and the market hasn't caught up yet.
Schedule
- Friday, April 24 — 7 PM ET: Rounds 2–3 begin. All 8 teams pick in Round 2. Some pick again in Round 3.
- Saturday, April 25: Rounds 4–7. Markets stay open until each team's first actual selection is confirmed.
The markets settle in real time as picks are announced. The moment the Packers card goes in for a wide receiver, that contract closes at $1.00.
All 72 markets are live on Kalshi now.
All Kalshi position markets are event derivatives regulated by the CFTC. Market prices referenced reflect observed bid/ask levels as of the morning of April 24, 2026. Trade responsibly.