Paolo Banchero's odds to be the No. 1 pick in the upcoming draft went from +950 to +400 on Monday, according to FanDuel

Banchero saw movement in several other sportsbooks on Monday. Banchero opened at +1600 to be the top pick at SuperBook Sports before moving to +400, reported Matt Moore of Action Network.

BetMGM, who also had Banchero at +1600 on Sunday, currently have him at +400 to be the top selection.

Magic general manager Jeff Weltman admitted on Monday that the team is still evaluating its candidates for the No. 1 pick in the draft.