The NFL draft is an annual event when the professional teams pick new players from the college leagues. A betting pool for an NFL draft is something similar to a fantasy NFL. Bettors make their predictions about the draft. There can be different options: a pool manager can print out a draft betting for a home or office betting party. Another way is to participate in the draft betting on one of the NFL betting sites: you pay an entrance buy-in and compete against the other players making the predictions regarding a draft outcome.