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NASCAR Betting Explained
NASCAR is extremely popular in the US, and BettingPicks4You is the most comprehensive resource to help you bet on this sport. We have a team of NASCAR experts capable of providing detailed analysis and predictions so that you can make informed NASCAR bets. And the best thing is that everything is completely free. So bookmark this page, and access our free expert betting advice on every NASCAR Race and the Cup Series. Don’t miss the latest NASCAR Picks and NASCAR Predictions for this weekend’s NASCAR betting markets.
NASCAR is a very popular sport in the US, especially in the southern states. Almost every weekend of the year, there is a massive race across the country before the end of the season when the NASCAR Cup champion is determined. NASCAR bettors can wager on the winner of each race and the overall winner of the NASCAR Cup championship.
NASCAR Betting Types
There are three main ways to wager on NASCAR. You can place a future bet on which driver will win the NASCAR Cup, weekly wagers on the outright winner of a race, and head-to-head bets. Unlike the other mainstream North American sports, where the most popular markets are moneyline, cover a spread, or Over/Under Totals, NASCAR is all about predicting which driver will win.
Since the field is pretty big, in NASCAR wagering, the favorite will almost always have a plus sign next to their odds. This is because it is challenging to predict the winner successfully, and if you do so, the return will be substantial. So, let’s imagine the favorite has odds of +120: this means that if you wager $100 on him, you will get a profit of $120 (total return of $22) if you win the bet. The reason why compared with other sports, there is better value in NASCAR odds is that there are many different variables that can affect the outcome of a race, and these are difficult to predict, like accidents, mistakes of the pilot, pit issues, mechanical failure and so on.
NASCAR Futures Betting
If you want to place a long-term wager on NASCAR, you should look at NASCAR Futures betting markets. The most popular is who will win the NASCAR Cup at the end of the season. Usually, a futures wager will provide you better value compared with the weekly bets, because it is more difficult to predict what will happen at the end of the season. In this market, even the favorites odds will be as high as +500, so if your prediction is correct, you will get a significant return. On the flip side, you would need to accept that the stake you will place would be tied to that bet for some time, as the outcome will be known only at the end of the season.
Depending on how things are going, futures odds are consistently updated by oddsmakers during the season, so it is crucial to place your NASCAR futures bets at the right time to get the best value. When the playoffs begin, you should expect significant movements in the odds as, with drivers being eliminated, things can change pretty quickly. As a result, you might have an opportunity to hedge your bets to lock in a profit during this time. Let’s say, for instance, that you have backed a player to win the NASCAR Cup at the beginning of the season at odds of +500, and he makes it to the finals. By backing the other opponent, you might be able to secure a profit regardless of what happens in the remainder of the season.
NASCAR Outright Winner And Place Betting
If you prefer to wager on an outcome known in the short term, you can place wagers on which driver will win the next race. Some books might even allow you to bet on the possibility that a driver will finish in the top 3, top 5. or similar variations. Predicting which driver will win a NASCAR race is rather challenging, as unpredictable situations like accidents, mechanical failures, and pit road issues can all impact the final outcome. There are also 40 drivers in the field, which makes it very difficult, but on the other hand, odds have excellent value, as even the favorites will usually have odds of at least +300 before the race.
This is why to make bettors’ life easier, many sportsbooks are also offering odds for a driver to end in the top five. This adds flexibility as even if a strong driver loses the first position on the last lap, you would still win your wager, even if the payout is significantly lower than the outright winner market. For instance, if a favorite to win the race outright would usually have odds of +300, he will have odds of -120 to end in the top 5.
NASCAR Head-to-Head Betting
Plenty of sportsbooks also offer head-to-head NASCAR betting markets, where two drivers match up, and you need to predict which one will finish in a better position in the race. Unlike futures or outright winner bets, the odds are significantly lower for a head-to-head wager and are similar to the ones you would generally find in other US major sports. As a result, one driver will be the favorite with negative odds and the underdog with slight plus odds. For example, Player A will have -130 odds to finish better than the underdog, with +110 odds.
How To Place A NASCAR Wager?
Placing a wager on a NASCAR is very simple. All you need to do is follow these easy steps:
- Pick a wagering site: to place a NASCAR bet, you need to select a sportsbook site. If you don’t have one, don’t worry, as our experts at BettingPicks4You have reviewed the most trusted and legal operators that you will find on our sportsbook review page. Here you will find detailed information on all the best US books, together with their best welcome offers. Most operators will cover NASCAR and offer some great promotions and plenty of betting markets on this sport. So check out and pick the one that best suits your wagering style.
- Open an account with a sportsbook: once you have picked the sportsbook you prefer, you need to open a new account. Everything is pretty simple as you just need to fill out an online form with some personal information like your name, date of birth, email address, phone number and mail. By doing so, you will build a profile for your account, which will be ready for the funds.
- Make a Deposit: at this point, you would need to deposit some funds to place your NASCAR bets. All the best US books provide several payment options like credit card, e-wallets, bank transfers, etc. Make sure you only deposit an amount that you are comfortable losing and that your average bet size will never be too high so that you can manage well your bankroll.
- Place a NASCAR Bet: once the sign up process is completed and funds are in your account, you are ready to start placing wagers. Check out all the different markets and decide what selection you would like to go for, and good luck!