NASCAR is one of the most popular motorsports in the world and especially popular in the United States. Just about every weekend throughout the year, there’s a race on the schedule, all leading up to the NASCAR Cup Series championship race, where the top drivers duke it out for the prestige that comes with hoisting the trophy.
And just like any sport that is popular among viewers, NASCAR is also a big deal in the sports betting world. As such, it’s extremely easy to find NASCAR betting odds on any bookie you visit, allowing anyone to start betting on America’s premier racing event.
But while finding NASCAR Vegas odds might be easy, you should know a thing or two about how to bet on NASCAR before you place your first bet. This article takes a look at everything you need to know about NASCAR betting and how to make smart betting picks.
The National Association for Stock Car Racing (NASCAR) was established way back on February 21, 1948, and has since grown to become one of America’s most popular sports and the world’s largest industry. But while NASCAR was established in 1948, the first race did not happen until June 19, 1949, at the Charlotte Speedway, when over 13,000 fans watched Glenn Dunnaway claim the first NASCAR victory in his Ford.
Interestingly, the first NASCAR race ended in controversy as Dunnaway got disqualified for using an illegal rear spring. As a result, Jim Roper won the race and collected $2,000 (≈ $23,600 today) in winnings. Since that race, NASCAR continued to attract more viewers and soon grew to become one of the nation’s biggest and most popular sports.
And even now, over seven decades later, NASCAR is still highly popular across the United States and the rest of the world.
Main Events During The Year
The NASCAR season does not have events as you would find in some other sports, but it’s instead formatted as a season and divided into two parts – regular season and Playoffs. During the regular season, NASCAR drivers compete for points that they earn based on their placement in each race, which are then used to determine which drivers enter the playoffs.
The NASCAR Championship is the same thing as the regular season, so if you find NASCAR odds on the NASCAR championship title, know that you’re betting on which driver will win the regular season. Its name derives from the NASCAR Cup Series Championship title, awarded to the most successful driver of the season.
Remember that a driver can win the championship but not the NASCAR Cup Series Trophy, which is awarded to the driver who performs the best in the playoffs. Think of it like in the NBA, where a team can win their Conference, but not the NBA title.
Following the conclusion of the NASCAR regular season, the top 16 drivers of the regular season enter the playoffs. Often referred to as the “Chase for the Cup,” the playoffs are divided into four stages: Round of 16, Round of 12, Round of 8, and Round of 4.
After each Round, four drivers get eliminated from the playoffs until there are only four left. The final four drivers then travel to the NASCAR Cup Series Championship Race, as the last race of the season, where the winner gets crowned the new NASCAR champion.
Like you can bet on any other race of the season, you can also bet on the final race and with the exact same way. In some ways, betting on the winner of this race is the same as placing a future wager on the NASCAR champion, so expect the NASCAR Vegas odds on the two markets to be the same.
BetUS NASCAR Offer
BetUS is the leading provider of NASCAR odds and betting markets, with some of the most competitive prices, generous selections of bet types, and special promotions and bonuses. On BetUS, you will be able to find odds on NASCAR Cup Series, Xfinity Series, and even NASCAR Camping World Truck Series, providing everything a NASCAR fan would want from an online sportsbook.
NASCAR Betting Strategy
There are many betting strategies and systems you can follow, and there is no clear answer to which is the best. Instead, you have to find one that suits you, your style of betting, and the available bankroll. Still, there are a few tips you can follow when betting on NASCAR.
The most important thing is to find a sportsbook that can provide you with the best NASCAR betting odds, and if you’re reading this article, you won’t have to look far to find them. BetUS is one of the leading NASCAR bookies with some of the most competitive NASCAR odds and a large selection of betting markets.
The selection of betting markets brings us to the second key thing you should know – betting on race winner is the simplest way to approach wagering on NASCAR. Still, you can find a lot of value in alternative markets such as propositions. These offer an alternative way to bet on NASCAR and can expand your options, which is always a positive thing when looking for value.
Props or proposition bets are common in all sports, and while they differ from sport to sport, they have one thing in common. Prop bet is a bet made regarding an occurrence or non-occurrence of a specific event in a race that isn’t necessarily related to who will win. These can get as exotic as the bookies make them, but the most common props in NASCAR include:
- Finishing position (Top-3/5/10)
- Group Betting
Teams To Play
Like you can bet on which driver will win a race, you can also bet on teams or even car manufacturers. The NASCAR betting odds you will find in this market are often very generous because there is no clear gap between the different teams.
So if you believe Kyle Larson and Chase Elliott will do well in the next race, you can bet on Hendrick Motorsports to win the race. Likewise, if you believe Daniel Hemric or A. J. Allmendinger will win the next race and can’t decide who to bet on; you can always bet on their team, Kaulig Racing, to come out ahead.