How to Bet On NASCAR
If you’re a fan of high-speed racing and love the thrill of competition, NASCAR betting might be the perfect way to add even more excitement to race day. Whether you’re new to sports betting or just want to learn how to bet on NASCAR, this guide will walk you through everything you need to know in simple terms.
In this beginner-friendly article, you’ll learn how NASCAR betting works, what types of bets you can place, where to bet legally, how to read the odds, and tips to help you get started.
What Is NASCAR Betting?
NASCAR stands for the National Association for Stock Car Auto Racing. It’s one of the most popular motorsports in the U.S., with races like the Daytona 500, Coca-Cola 600, and the NASCAR Cup Series Championship.
NASCAR betting means placing money on the outcome of a race. You can bet on who will win, who will finish in the top three or five, and even which drivers will beat each other.
The more you understand the sport and the drivers, the better your chances of placing smart bets.
Is It Legal to Bet on NASCAR?
Yes! In many places across the U.S. and around the world, it is legal to bet on NASCAR. However, sports betting laws depend on your location. Some states allow online sports betting, while others only allow in-person bets—or none at all.
To be safe, make sure you check your local sports betting laws
Understanding NASCAR Betting Odds
To place smart bets, you need to understand betting odds. In NASCAR, odds show you how much you could win and who the favorites or underdogs are.
Here’s an example of moneyline odds for a NASCAR race:
Denny Hamlin +500
Kyle Larson +600
Joey Logano +1200
What Do These Odds Mean?
A plus sign (+) means how much profit you’d make on a $100 bet.
Denny Hamlin +500: If you bet $100, you’d win $500 in profit (plus your $100 back).
The smaller the number, the more likely the driver is to win—according to the sportsbook.
Types of NASCAR Bets
There are many different ways to bet on NASCAR. Some are simple, and others are more advanced. Here are the most common NASCAR bet types:
1. Race Winner Bet
This is the most popular bet. You pick the driver you think will win the race.
Example: Bet on Chase Elliott to win the Daytona 500. If he finishes first, you win.
2. Top 3 or Top 5 Finish
With this bet, your driver doesn’t have to win. They just have to finish in the top 3 or top 5, depending on your bet.
Example: Bet on Kyle Busch to finish in the top 3. If he comes in 1st, 2nd, or 3rd, you win.
3. Head-to-Head Matchup
In a driver matchup bet, you choose between two drivers. You’re betting on who will finish higher in the race.
Example: Kevin Harvick vs. Martin Truex Jr. – Bet on Harvick. If he finishes ahead of Truex, you win.
4. Group Betting
Sportsbooks may group 4-6 drivers together. You bet on which one will finish highest in that group.
This gives you better odds than a head-to-head bet, but it’s still easier than picking the overall winner.
5. Stage Winner Bets
Some races have stages (smaller parts of the race). You can bet on who will win a specific stage.
Example: Bet on Ross Chastain to win Stage 2 of a race.
6. Live/In-Race Betting
Many sportsbooks offer live betting while the race is happening. Odds change throughout the race based on what’s going on.
This can be a fun way to place quick bets, but it moves fast—so pay close attention!
NASCAR Betting Tips
Now that you know how to place a bet, here are some helpful tips to increase your chances of winning.
1. Know the Track
Not all tracks are the same. NASCAR races happen on short tracks, road courses, and superspeedways.
Some drivers do better on short tracks.
Others perform well on road courses or large ovals.
Check past performance before placing your bet.
2. Watch Qualifying and Practice
Drivers who qualify well (start near the front) have a better chance of winning. Practice sessions can also show who has fast cars and good handling.
3. Check the Weather
Weather can affect how a race plays out. Rain can delay or shorten races, and hot weather can cause more tire problems.
Be sure to check the forecast before placing a bet.
4. Look at Past Results
Review how each driver has done at that track in the past. Some drivers have favorite tracks where they consistently finish well.
5. Follow the News
Injuries, penalties, car changes, or team drama can all affect race day performance. Stay updated by following NASCAR news and updates.
6. Manage Your Bankroll
Don’t bet all your money on one race. Start small, track your bets, and never bet more than you can afford to lose.
Common NASCAR Betting Mistakes to Avoid
Here are some mistakes beginners often make—and how to avoid them:
- Betting on your favorite driver: Just because you like them doesn’t mean they’ll win.
- Ignoring the stats: Always look at recent results, track history, and qualifying position.
- Chasing losses: Don’t bet more to “win back” your money. Stay smart.
- Overusing parlays: Parlays offer big payouts but are hard to win. Use them carefully.
FAQs About Betting on NASCAR
Can you bet on NASCAR online?
Yes! Many legal online sportsbooks offer NASCAR betting in states where sports betting is allowed.
What is the easiest NASCAR bet for beginners?
The Race Winner or Top 3/Top 5 finish bets are the easiest for beginners.
Can you make money betting on NASCAR?
Yes, but it takes knowledge, patience, and discipline. Like all sports betting, there are no guarantees.
Is betting on NASCAR different from other sports?
Yes. NASCAR has unique betting options like driver matchups and stage winners. It’s more about statistics and strategy than team sports.
Final Thoughts: Should You Bet on NASCAR?
If you love racing, betting on NASCAR can be a fun and thrilling way to enjoy the action. Whether you’re rooting for a top driver or cheering for a longshot, having money on the line can make every lap more exciting.
Good luck—and enjoy the race!
