Nascar Odds and Gambling Tips
Have you stopped by Cappers Picks today looking for NASCAR betting odds? You’ve come to the right place! If you’d love to start betting on NASCAR I’m here to tell you it’s really easy. Most bettors simply bet on the driver they predict will finish 1st in the race they’re betting on (or the upcoming race.) NASCAR Odds for drivers are listed two ways: Fractions or Moneyline.
For example, Dale Earnhardt Jr. could be listed as the betting favorite to win the Daytona 500 at 4/1. This may be listed at a NASCAR sportsbook as 4/1 or +400. It doesn’t matter as long as you know to lay a bet with $100 to win $400 on Earnhardt Jr. winning the race. Betting $100 to win $550 would be listed as 11/2 or +550. NASCAR bettors can also wager on the NASCAR future betting odds of which driver will win an upcoming NASCAR race OR the overall Monster Energy Cup championship that year.
2023 Daytona 500 – NASCAR Betting Odds
Date: Sunday, February 19, 2023
Venue: Daytona International Speedway
Location: Daytona Beach, Florida
Distance: 2.5 mi (4 km)
Laps: 200 laps, 500 mi (800 km)
NASCAR BETTING ODDS – ODDS TO WIN 2023 DAYTONA 500
- NASCAR Betting Odds Coming Soon.
- Odds courtesy of MyBookie.ag Sportsbook
- Nascar Odds updated DEC 2022
2023 NASCAR CUP SERIES – CHAMPIONSHIP
Odds Coming Soon
ODDS TO WIN 2023 NASCAR CUP SERIES CHAMPIONSHIP
- NASCAR Betting Odds Coming Soon
- Odds courtesy of MyBookie.ag Sportsbook
- Nascar Odds updated October 19th 2021
ODDS EXPLANATION
The point spread – also called “the line” or “the spread” – is used as a margin to handicap the favorite team. For betting purposes, the oddsmaker predicts that the favored team will win by a certain number of points. This number of points is the point spread. The favorite is always indicated by a minus sign (e.g. -5.5) and the underdog by a plus sign (e.g.+5.5). If you bet on the favorite, you win your bet if the favorite wins AND their margin of victory is greater than the point spread. If you bet on the underdog, you win if the underdog wins, ties, or if the favored team wins but fails to exceed the point spread. It is standard for point spread bets in most sports that you wager $110 to win $100.
The point spread given in the table above is for the home team only. To see the odds for both teams, click on the matchup.
A money line, used in baseball and hockey, takes the place of a point spread. Money line betting is simply wagering on the contest based on a given price rather than a point spread. The team wagered on has to win the game outright, regardless of the score. The minus sign (e.g.-130) always indicates the favorite and the amount you must bet to win $100. The plus sign (e.g.+120) always indicates the underdog and the amount you win for every $100 bet. Using this example, therefore, you would bet $130 to win $100 on the favorite, while for the underdog you would bet $100 to win $120.
The over/under is the number of points oddsmakers expect will be the total score for the contest (both teams combined, overtime included). You bet on whether the total points scored will be more or less than this number. As with point spread bets, you must generally wager $110 to win $100.
Betting on a point spread or money line is sometimes called betting “sides” – that is, betting that one side or the other will be the winner – while betting the over/under is referred to as betting “totals”.