High-octane and compulsive viewing, it’s little wonder NASCAR is one of the most popular sports in the USA. While the majority of races and fans are in South America, the sport has a healthy international following.
If you’re an enthusiast tempted to bet on NASCAR, here’s the key information you need to know.
Is it legal to bet on NASCAR in the USA?
When it comes to betting in the USA, you need to know the legalities. Despite the majority of NASCAR events taking place in the country, it is currently not legal for punters to wager on this sport.
The US Justice Department still rules that betting is not permitted by any United States based company or organisation.
However, most international betting websites, particularly those in the UK and Canada offer markets on NASCAR. Therefore, residents of these countries are allowed to wager, and there are also a number of off-shore sportsbooks which feature markets on the popular stock car championships.
What are NASCAR’s betting odds?
PaddyPower, SkyBet and Betfair are the largest betting companies that offer consistent markets on NASCAR, although William Hill also run specials on larger events, such as a the Daytona 500 throughout the season.
However these operators do not have outright winner markets, so wagering is limited to one off events.
When it comes to the best odds it’s a close competition between the two operators. On outright markets, PaddyPower offer marginally better odds on the favourite.
A $10 stake on Kevin Harvick, 2014 Sprint Cup Series champion, will return $65 with PaddyPower, and $60 through SkyBet. On Betfair a victory for Harvick with the same stake would only return $55.
On the 2nd favourite, Kyle Busch, both PaddyPower and SkyBet offer identical odds of 13/2, while a bet on Joey Logano returns $80 on PaddyPower and only $70 with SkyBet. Betfair put him as second favourite at 11/2.
On outsiders like Ricky Stenhouse and Danica Patrick their odds on PaddyPower and Betfair are capped at 1/250, whereas on SkyBet they are a much lower 1/100.
NASCAR picks tip: punters who like a long shot betting, it’s definitely worth wagering with PP or Betair.
What are the Range of Markets?
The range of NASCAR markets is largely identical across PaddyPower, SkyBet and Betfair, however there are some slight differences that are worth factoring into your betting schedule.
- Paddy Power: the only market offered by this operator is the outright winner of the Sprint Cup championship. There are no special markets either.
- Sky: On top of the Sprint Cup Championship winner markets there is also the opportunity to wager on the outcome of the Daytona 500.
- Betfair: this operator offers the same range of markets as SkyBet. To find out more about the Daytona 500 markets, see the section below.
Betting on NASCAR Specials – Daytona 500
The most famous race in the Spring Cup is the opening event of the calendar, the Daytona 500. This is a 500 mile race around the speedyway circuit.
It is the most important and prestigious event in the sport, which is why many betting sites offer special markets on it.
Both Betfair and SkyBet offer markets on this race. Dale Earnhardt Jr is the NASCAR picks favourite on both operators, with a win for him returning $85 from a $10 stake with both operators.
The 2nd favourite is Jimmie Johnson, and again he is priced the same with both companies, at 8/1.
However after that the differences become more apparent, and if you’re wagering on a driver outside of these two, this is where picking the right operator becomes important.
Sky place Kevin Harvick and Matt Kenseth at joint 9/1 favourites, tied in 3rd place, while Betfair have Kenseth at 6th favourite, priced at 12/1.
Betfair place Joey Logano (10/1) and Brad Keselowski (12/1) ahead of him.
Both operators have odds on all the drivers, so it’s well worth comparing odds before wagering.
This ought to give you a clear overview of the clear betting points in NASCAR. Let us know how you get on in the comments below!