2017 NFL Draft: What sportsbooks say

April 26 (UPI) -- With news emerging by the second regarding the character of NFL draft prospects, odds makers are also altering their projections.

Michigan star defender Jabrill Peppers experienced a huge slide in his expected draft position after it was announced Tuesday that he failed a drug test at the NFL scouting combine.

"Yesterday we saw 50/50 action on Jabrill Peppers O/U at 28.5," BetOline.ag sportsbook brand manager Dave Mason said. "All of a sudden we were pummeled with over bets following the news he tested for a diluted urine test. This is a perfect example of how hard it is for us to book these draft props."

Peppers now has +165 odds to be picked in the first round, -120 odds for the second round, and +425 odds to go in the third round or later, according to the sportsbook.

That means you would win $165, plus your original bet, if you wagered $100 on Peppers being picked in the first round. You would need to bet $120 to get back $100 if you bet he will go in the second round.

Some of the book's biggest exposures [biggest loss if the bets hit], include: Washington wide receiver John Ross being the first wide receiver drafted, LSU's defensive back Jamal Adams being selected before pick 6.5, less than 2.5 wide receivers being drafted in the first round, and more than 10.5 SEC players getting picked in the first round.

The most common bets depend on North Carolina's Mitchell Trubisky being the first quarterback picked or Clemson's Deshaun Watson being the first gunslinger drafted, taking the over on Stanford running back Christian McCaffrey's draft position, and taking the over on LSU running back Leonard Fournette's draft position.

Some of the sharp bets are taking Adams' at under 6.5, Texas Tech's Patrick Mahomes' over at 24.5, under 2.5 RB's drafted in the first round, under 2.5 wide receivers taken in the first round, and over 10.5 SEC players in the first round.

According to its NFL Draft prop bets, Texas A&M's Myles Garrett is at -900 for the first overall selection, while Trubisky is at +600 and the field sits at +1200. Solomon Thomas is at +255 for the No. 2 pick, followed by Marshon Lattimore [+800], Trubisky [+300], Garrett [+1000], Jonathan Allen [+1200], and the field [+175]. The odds for the No. 3 pick are: Allen [+500], Malik Hooker [+500], Adams [+350], Lattimore [+550], Thomas [+300], Watson [+600], and the field at +400.

As an example to simplify the betting, you would have to bet $900 to win $100 on Myles Garrett being the first draft pick. If you bet $100 on the field, you would win $1,200 in addition to your original $100 bet.

The 2017 NFL Draft begins at 8 p.m. EDT Thursday in Philadelphia, Pa. Garrett is a near-consensus selection as the top pick in mock drafts.