NASCAR Wagering Overview
There are a handful of ways to wager on NASCAR and the Daytona 500. The most straightforward wager for NASCAR's season opener is picking the winner. Choosing the race winner from the field of 40 drivers will generally pay off the largest — but it is also the most difficult, especially at an unpredictable track like Daytona International Speedway.
The second is a head-to-head bet. This type of wager presents two drivers and it is your job to choose which will finish higher. The final type of wager is the prop bet. This wager predicts whether a driver will finish better or worse than the position given by the sportsbook. While we will general focus on the winner bet here, the concepts and analysis can and should be applied to any of the other types of wagers.
Regardless of which wager you choose it is important to understand a bit about how NASCAR odds are set. Odds are typically posted early in the race week before cars have hit the track for practice and qualifying. The lack of insight to how a driver might perform can earn better than typical odds as a result. Once cars hit the track for practice the odds narrow based on who has posted the fastest practice times and qualifying results.
With Daytona that can be a bit tricky, though. Only the front row is decided in the first qualifying session for this race. The rest of the field is set as