Information Guide to Betting on Nascar, Daytona 500 and Other Events
Many people don’t know that after the NFL football games NASCAR racing is one of the most watched sports on television. The stadiums usually house over 65000 seats and they are full for every lap. This is funny, as many people did not consider it a sport at all in the early 90’s.
With that many online sports books carry all NASCAR events and have some great odds on the races. Americans have become very passionate about their racing and it shows with the amount of money wagered on these races. There are a good number of races which means that there are a lot more betting opportunities on NASCAR. This article will help you learn all the NASCAR bets. Then discuss some of the major events. Lastly, we will discuss some NASCAR betting tips and history. By the end of the article you will be ready to bet on NASCAR.
Recommended Websites for Nascar Betting
NASCAR Betting Types
There are a few types of bets that one can place when betting on NASCAR. Here we will explain each bet and how the odds work on the drivers.
Driver Match Bets: Below we have listed odds on some of the drivers that you will commonly see in a sports book. This bet is probably one of the most favourite of NASCAR wagers. It is pretty much a straight up bet on who will win.
Jeff Gordan 9/1
Kyle Busch 54/1
In the example above you can see that Kyle Busch is the favourite as he has the lowest odds. For every $1 you bet you will win $4. The long shot is Carl Edwards at 20:1 and every dollar you wager on him you will get $20 back if he wins. The odds are a good indicator on who will win so its good to keep a close eye on them as a guide.
Proposition Bets (Prop Bets): Are wagers on an assortment of outcomes a sports booker will pick. For instance will the safety car come out before a certain lap, will there be a crash, how many cars will finish. These bets are really fun and make the game exciting even if your driver is losing.
Pod Bets: Is a wager on what type of car will win the race
Moneyline Bets: Head to Head bets generally use the Moneyline format. See the example below of what you might see with a sports book. Carl Edward would be the underdog. Bettors who wager on him would win $1.20 for every $1.00 they spent. Alternatively, they would have to spend $3.00 to win $1.00 if betting for Kyle Busch
Carl Edwards +120
Kyle Busch -300
Qualifying Bets: Is a bet on two opposing drivers. A bettor is wagering that one will finish ahead of the other one. The great thing about it is that neither has to win the race.
NASCAR Betting Events
As noted above there are quite a few events that power the NASCAR circuit every year. They are the most bet on too and you will find them with all our recommended sports books.
The Indy 500 Bets – This is the most popular of events in the NASCAR season. All of the best drivers will participate. It is held yearly in the state of Indianapolis and there is a festival that occurs for an entire month.
Coke Zero Bets – This is a 4th of July race that is also very heavily attended. Taking place in Daytona betting starts early on this one.
Daytona 500 – Signalling the start of NASCAR the Daytona 500 is one of the more exciting of events as all the drivers are fresh off for the New Year. This is where betting on the underdog might pay off more then the other races.
Now you know how to bet and where to bet, we will now provide you with some tips to betting on NASCAR online.
It should probably be mentioned here that many for motor sport fans also opt to bet on V8 Supercars, Rally racing and Formula 1. We encourage you to browse these pages to get an overall feel for motor sport betting strategy.
NASCAR Betting Tips
Many people know that NASCAR betting is hard as there are many aspects that come into play. What many people don’t know is that there is a lot of work that one has to know about NASCAR betting. Items as driver history, type of car, weather and winning streaks are very good to have handy as it can help you win big. Make sure you do your homework by using Google and other search engines to help guide your wagering decision.
Also look at the odds. This will help you become familiar with how drivers perform and you’re always safer by betting on the favourite. All of our recommended sports books will have the odds listed next to each driver to make it easy for you to wager. Check out our sites today. Good Luck!
NASCAR History and Fun Facts
* NASCAR stands for the National Association for Stock Car Racing.
* Founded by Bill France in 1947-1948 who in 2009 was the CEO of the company.
* NASCAR headquarters are located in Daytona Beach, Florida.
* Erwin “Cannonball Baker” was the fist commissioner and also set a ton of land records in the Indianapolis 500.
* NASCAR Sprint Cup Series is the sport’s highest level of professional competition followed by the Nationwide Series
* A version of NASCAR is also raced in Canada with a few small differences.