How to Bet on NASCAR

In the past decade or so, NASCAR has gone from been just a cult sport to a mainstream one, and is currently in a fierce competition against the NHL for the 4th major sport in America. Such popularity has also transcended into the gambling industry, where wagers on NASCAR continues to increase in numbers on a yearly basis, and one of the main reasons for such acceptance amongst bettors is how simple is to bet on it.

There are actually 3 varieties of wagers a bettor can make use of when betting on a race:

  1. They can place a wager on a given driver to win.
  2. A bet with a particular driver finishing in the top 3.
  3. A wager in which a driver finishes in a higher position than another one.

NASCAR odds are money lines, for example, let’s say that we have a line that shows: Jeff Gordon +300, this means that for every $100 you bet on Gordon, you will obtain $300 plus the one hundred you initially bet, for a total of $400.

When wagering on a driver to finish in the top three, the odds will be lower, as the house must pay off 3 different winning wagers, not just one.

Most of the races include a wagering entry that is called “Field”, which is the rest of the drivers apart from the ones that are listed by the sportsbook you are dealing with. The field will most likely consist of the drivers that are considered the least favorites and it is best when it is avoided.

One type of wager that is growing in popularity is the race matchup bet: it is when you get two drivers paired one against the other, and in this particular bet it really doesn’t matter in what place the favorite driver ends up, as long as he finishes in a higher position than the other driver picked.  For example, we have Jeff Burton -200 and Robby Gordon +300, here, Burton should finish the race before Gordon for you to collect.

Another type of bet that is not as popular, but that is sometimes requested by casual bettors is the Speedrows, when you are offered a group of four to five drivers, and your job is to pick the one that you believe is going to win the race.

If you are fond of NASCAR and enjoy placing sport bets, then this article will certainly serve you as a handy reference when the good races are on the board. Good luck!