NASCAR Betting Guide 2023

Odds, How To Bet, And Strategy

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The 2023 NASCAR season kicks off with the famed Daytona 500 on Sunday, Feb. 19. From there, the circuit runs every weekend from February – November, culminating in the Cup Series Championship. Joey Logano took home the trophy last season, but Chase Elliott and Kyle Larson are the favorites to win the title this year. Check back in weekly for NASCAR odds from Daytona to Talladega and Indianapolis to Las Vegas.

Here is a look at betting odds for 2023 Daytona 500 from top legal sportsbooks.

NASCAR Cup Series: Daytona 500 Odds

Place a bet by clicking on odds in the table below.

Game
(Eastern Time)
(EST)
Ryan Blaney
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+1200
Kyle Larson
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+1200
Denny Hamlin
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+1200
Chase Elliott
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+1200
William Byron
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+1400
Joey Logano
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+1400
Ross Chastain
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+1600
Kyle Busch
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+1800
Bubba Wallace
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+1800
Brad Keslowski
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+1800
Austin Cindric
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+1800
Tyler Reddick
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+2000
Ryan Preece
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+2500
Kevin Harvick
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+2500
Christopher Bell
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+2500
Austin Dillon
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+2500
Alex Bowman
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+2500
Ricky Stenhouse Jr.
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+3000
Michael McDowell
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+3000
Martin Truex Jr.
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+3000
Daniel Saurez
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+3000
Chris Buescher
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+3000
Chase Briscoe
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+3000

NASCAR 2023 Schedule

DateRaceCourseWinner
Feb. 19Daytona 500Daytona
Feb. 26Pala Casino 400Auto Club (Fontana, CA)
Mar. 5Pennzoil 400Las Vegas
Mar. 12United 500Phoenix
Mar. 19Ambetter Health 400Atlanta
Mar. 26EchoPark Automotive Grand PrixCircuit of the Americas (Austin, TX)
Apr. 2Toyota Owners 400Richmond
Apr. 9Food City Dirt RaceBristol (Dirt)
Apr. 16MartinsvilleMartinsville
Apr. 23Geico 500Talladega
Apr. 30DoverDover
May 7AdventHealth 400Kansas
May 14Goodyear 400Darlington
May 21All-Star RaceNorth Wilkesboro
May 28Coca-Cola 600Charlotte
Jun. 4Enjoy Illinois 300World Wide Technology Raceway (Madison, IL)
Jun. 11Toyota/Save Mart 350Sonoma
Jun. 25Ally 400Nashville
Jul. 2ChicagoChicago Street Course
Jul. 9Quaker State 400Atlanta
Jul. 16Crayon 301New Hampshire
Jul. 23M&M's Fan Appreciation 400Pocono
Jul. 30RichmondRichmond
Aug. 6Firekeepers Casino 400Michigan
Aug. 13Verizon 200Indianapolis
Aug. 20Go Bowling at The GlenWatkins Glen
Aug. 26Coke Zero Sugar 400Daytona
Sept. 3*Cook Out Southern 500Darlington
Sept. 10*Hollywood Casino 400Kansas
Sept. 17*Bass Pro Shops Night RaceBristol
Sept. 24*AutoTrader EchoPark Automotive 400Texas
Oct. 1*YellaWood 500Talladega
Oct. 8*Bank of America ROVAL 400Charlotte (Road)
Oct. 15*South Point 400Las Vegas
Oct. 22*HomesteadHomestead-Miami
Oct. 29*Xfinity 500Martinsville
Nov. 5*Cup Series ChampionshipPhoenix

NASCAR Cup Series Championship Odds 2023

Game
(Eastern Time)
(EST)
Chase Elliott
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+550
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+550
Kyle Larson
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+600
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+650
Denny Hamlin
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+800
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+900
Ryan Blaney
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+1000
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+1000
Ross Chastain
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+1200
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+1200
Joey Logano
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+1200
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+1200
Christopher Bell
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+1200
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+1200
Kyle Busch
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+1200
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+1200
William Byron
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+1200
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+1400
Martin Truex Jr.
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+1200
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+1700
Tyler Reddick
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+1500
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+1600
Kevin Harvick
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+1800
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+1600
Alex Bowman
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+3000
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+3000
Bubba Wallace
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+4000
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+4000
Chase Briscoe
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+4000
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+4000
Daniel Saurez
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+5000
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+5000
Austin Cindric
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+5000
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+5000
Ryan Preece
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+5000
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+6000
Brad Keslowski
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+6000
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+5000

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How to bet on NASCAR online

Dozens of states have now climbed on board and given a green light to legal sports betting. Most have a mix of retail and online sportsbooks available, with some still trying to get online and mobile betting on track.

While betting in-person at a legal sportsbook can be a great experience, it’s tough to compete with the convenience of online sportsbooks and betting apps. Having a sportsbook at your fingertips lets you take advantage of betting opportunities as they develop, especially when we’re talking about live betting on NASCAR.

Biggest NASCAR races & series to bet on

There are 27 regular season races open for betting on the 2023 NASCAR schedule. Playoffs begin in September, with a 10-race elimination-style schedule. Naturally, some regular-season races are bigger than others. Here’s a look at the races that attract a ton of attention in the coming year from both viewers and bettors.

NASCAR odds: Daytona 500

  • When: Sunday, Feb. 19, at 2:30 p.m. ET
  • Where: Daytona International Speedway in Daytona Beach, Florida
  • How to Watch: FOX
  • 2022 Winner: Austin Cindric (Chevy)

NASCAR is unlike others in the sporting world in that one of its biggest racing events kicks off the season. The Daytona 500 attracts plenty of eyeballs to the screen, as well as a ton of betting interest. Last year’s Daytona winner, rookie Austin Cindric, was a 25-1 longshot to win.

NASCAR odds: GEICO 500

  • When: Sunday, April 23, at 3 p.m. ET
  • Where: Talladega Superspeedway in Tallageda, Alabama
  • How to Watch: FOX
  • 2022 Winner: Ross Chastain (Chevy)

Talladega is one of the most storied speedways in the nation. This 500-mile race is broken down into 188 laps on the longest oval track in NASCAR. Ross Chastain won the famed April Talladega race in 2022, breaking up a Ford-winner run that happened in 11 of the last 15 runs. Note some of the Ford drivers: Brad Keslowski and Joey Logano have won Talladega seven times since 2012 and 7/13 races between 2012-18.

NASCAR odds: Coca-Cola 600

  • When: Sunday, May 28, at 6 p.m. ET
  • Where: Charlotte Motor Speedway in Charlotte, North Carolina
  • How to Watch: FOX
  • 2022 Winner: Denny Hamlin (Toyota)

The longest race on the NASCAR calendar is one of the most highly anticipated events of the year. A 600-mile race is quite the endurance test, and it also opens up plenty of live betting opportunities. Its night time block move this race out from competing with the Indianapolis 500 this same day. The odds on the Coca-Cola 600 are expected around the first week of May.

NASCAR odds: Cup Series Championship

  • When: Sunday, Nov. 5, at 3 p.m. ET
  • Where: Phoenix Raceway in Avondale, Arizona
  • How to Watch: NBC
  • 2022 Winner: Joey Logano (Ford)

This is the final event of the season, and the NASCAR Cup champion will officially be crowned upon its completion. There’s a ton of betting interest at stake in this race, not to mention plenty of anxious futures bettors hoping to finally cash in their tickets.

While the above races are the most popular on the calendar, plenty of attention is given to each of the other races as well. NASCAR runs off of a points system, so every lap in every race counts.

Drivers are awarded points based on their finishing position, as well as for things such as laps led and fastest lap. Points are tallied up all season long, and the top 16 will make it into the playoffs.

The points system continues through that series of races, which culminates at the NASCAR Cup Series Championship, where the season-long champion is officially crowned.

NASCAR odds explained

You’ll find live betting odds for NASCAR races at all major sportsbooks, including our recommended online sportsbooks and betting apps. This year, there should be even more betting opportunities.

That’s thanks to the aforementioned partnership between NASCAR and Genius. In a nutshell, Genius has put together a betting platform that’s specific to NASCAR. Prop betting and live betting are expanding markets in the US. NASCAR is now available to live bet.

NASCAR types of bets

  • Race winner: For this bet you simply pick which driver you think will win the race. Odds for weekend races are generally released early in the week, while bigger events such as the Daytona 500 may pop up well in advance.
  • Top-three finish: If you like a driver to perform well in an upcoming race but aren’t completely sold that the driver will win, then consider placing a top-three wager. As long as your selected driver places in the top three of the upcoming race, you have a winning ticket.
  • Pole position: Before the official race gets underway, drivers will compete in a qualifier to determine pole position for the race itself. Yep, you can bet on this, too. This is a good spot for those who have a good sense of drivers who kill it in qualifiers.
  • Lap times: Think you know which driver will record the fastest lap during the race? Then place your bets. This is one of the many NASCAR bets that can help enhance the overall enjoyment of the race and keep you engaged throughout.
  • Driver head-to-head matchups: A head-to-head driver matchup is just like placing a money line bet on a team-based sport. Oddsmakers will put together matchups of drivers competing in the race, and you can browse through all of them to find your favorite opportunities.

These are some of the most popular types of bets for betting on NASCAR. Other NASCAR bet types include the following:

NASCAR odds: futures

A futures bet is a wager that’s placed on an event yet to happen. For NASCAR, options will vary depending on operator, but these are the two most popular bets in that market:

  • Who will win the Daytona 500?
  • Which driver will win the NASCAR Championship?

In both cases, you’ll find odds listed just like any other futures market. There will be favorites with short odds, others in the middle, and long shots who aren’t considered to have much of a chance. For example, here were the opening betting favorites to win this year’s Daytona 500, courtesy of DraftKings:

  • Ryan Blaney +1200
  • Kyle Larson +1200
  • Denny Hamlin +1200
  • Chase Elliott +1200

You may also find NASCAR futures available for other major races, as well as season-long accomplishments such as which driver will earn the most points and which driver will have the most wins.

NASCAR odds: prop bets

A prop bet is essentially a side wager on something that may happen during the race. Once again, offerings will vary, but we anticipate seeing some solid opportunities in thanks to the expansion of NASCAR betting. Some of the opportunities you may see include:

  • How many crashes will there be in the race?
  • Which manufacturer will have the winning vehicle?
  • How many caution flags will appear during the race?
  • How many drivers will finish the race?

In addition, you should see prop bets specific to drivers competing in the race. For example, a prop could focus on the finishing position for one of the drivers, such as Joey Logano.

  • Over 4.5 +110
  • Under 4.5 -130

If you think Logano is a lock for fourth or better, then take your chances for a potentially solid return. If you think he’s due to fall flat, then go for the under and still be in line for a nice payday if that comes to fruition.

NASCAR odds: live betting

Live betting opportunities for NASCAR are expected to improve significantly in 2020. Part of the deal with Genius Sports is geared toward enhancing offerings for sportsbooks to present to end users.

Once the race gets underway, you may see opportunities similar to what you were betting on in advance of the race, such as:

  • Outright winner of the race.
  • Top three finishers.
  • Fastest lap in the race.
  • Who will win the most laps?
  • Over/under on finishing positions for drivers.

Odds and markets are fast-paced in live betting, so be prepared to move quickly when intriguing opportunities emerge. You can also exercise patience and get a feel for how the race is going before checking in on live odds.

From that point, check back regularly as the action unfolds on the track.

NASCAR Odds: Sports betting tips

Before diving in to NASCAR betting, get a handle on the schedule. One of the cool things about the season is that the big races are run on weekends, so you have all week to dig in and research as time permits.

Next, take a look at the upcoming season. Which drivers look like they are in a position to make some serious noise? Answering that question isn’t easy, but there’s a place you can look for clues: the NASCAR futures market. The favorites on the betting board are those who are naturally expected to have solid campaigns.

If you see a driver who’s moving up the odds board, he could be the one to watch. The same holds true for drivers whose odds grow longer. Paying attention to the futures market is a great way to get more familiar with the way the betting market is moving, as well as the general perception and performance of drivers as the season moves along.

As you approach the weekly races, it’s important to understand that each of the races on the schedule is an individual event and should be approached as such. The races are contested at varying lengths and on different tracks. There will be drivers who perform well on certain tracks and falter on others, and vice versa.

Spend some time understanding which drivers perform best under which circumstances. A little bit of research in this area can help you quickly come up with a shortlist of targets for the upcoming race.

Single-race DFS for NASCAR

Beyond betting on NASCAR, you can also kick up the enjoyment level several notches by playing daily fantasy sports. Industry leaders DraftKings and FanDuel both offer DFS contests each time there’s a NASCAR race on the docket.

draftkings nascar dfs

The concept is similar on both sites. You pick a team of drivers and stay under the predetermined salary cap. From there, you can enter the contests of your choosing.

You’ll find many types offered at varying buy-in points, ranging from low stakes 50/50s all the way up to high stakes tournaments with big prize pools.

The biggest difference on the two platforms is the number of drivers you’ll be selecting.

  • On DraftKings: Six drivers
  • On FanDuel: Five drivers

Scoring is similar on both spots. You’ll be awarded points for finishing position, as well as for other instances such as laps completed and laps led.

NASCAR DFS can be lots of fun and potentially profitable. Those who sign up for new accounts at DraftKings and FanDuel via our links below are eligible for exclusive perks:

NASCAR betting FAQs

What does NASCAR stand for?

NASCAR stands for the National Association for Stock Car Auto Racing.

How long do NASCAR races take?

Time varies for completed races as each track is different. Races are run at different lengths and with varying numbers of laps each week. For a general rule of thumb, shorter races can be completed in around two hours or less, while longer races could take up to four or five hours.

How many drivers are there in a NASCAR race?

Generally, starting slots are reserved for 43 drivers. However, that doesn’t mean that all 43 will compete or finish the race. You’ll be able to research the final list of drivers in advance of start time, as any surprise or late scratches will be pulled off the odds board.

Which driver has won the Daytona 500 the most times?

Richard Petty is the all-time leader with seven wins at the Daytona 500. Cale Yarborough is next on the list with four wins. Bobby Allison, Dale Jarrett, Jeff Gordon and Denny Hamlin are tied for third with three wins each.

When are NASCAR odds released?

For the weekly races, odds are generally released early in the week for events that take place over the upcoming weekend. When it’s a bigger event such as the Daytona 500, many sportsbooks will release the odds well in advance. In addition, there’s also a futures market in NASCAR betting for things such as the winner of the NASCAR Cup.

How does the NASCAR playoff work?

All season long, drivers are jockeying for position on the NASCAR Cup series leaderboard. Points are tallied up for 26 regular season races. Drivers earn points based on how well they finish in the race, as well as things such as fastest lap and number of laps led. The top 16 drivers advance to the playoff round where they compete in another series of races. The ultimate winner is determined once the final race of the season, the NASCAR Cup Series Championship, is in the books.