How to Bet on NASCAR - The Complete Guide for 2024

NASCAR seems to be an ever-growing sport in the US. In this article, we will not only show you where to bet on NASCAR but also how to bet on NASCAR. We’ll be using information from several of the leading sportsbooks in the industry, each of which has a current welcome offer available for new customers. Keep reading to find out how to use the deposit bonuses for NASCAR betting.

📍 Where is NASCAR Betting Legal?

One question you may have is “Can I bet on NASCAR online legally?” The answer is definitely “yes.” Several states across the country have legalized sports and NASCAR betting for those at least 21 years of age. However, not all states have legalized sports betting just yet. 

Before engaging in NASCAR betting, make sure that you are located in one of the states here. These states include Arkansas, Arizona, Colorado, Connecticut, Delaware, Illinois, Indiana, Iowa, Kansas, Louisiana, Maines, Maryland, Massachusetts, Michigan, Mississippi, Montana, Nevada, New Hampshire, New Jersey, New York, North Carolina, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Virginia, Washington, West Virginia, Wisconsin and Wyoming.

If you are located in one of the states above, you are free to engage in NASCAR betting. If you’re new to betting on NASCAR, continue reading to find out how to bet on NASCAR online.

🏎️ How to Bet on NASCAR

Now that you should be able to answer, “Can I bet on NASCAR online legally?”, if you are in a state in which NASCAR betting is legal, the first step is finding a sportsbook to join. In an upcoming section, we will have details of where to bet on NASCAR, but you can join any legal sportsbook. Next, just follow the guide below to get started.

1. Pick a sportsbook that offers NASCAR betting and complete the registration process.
2. Take advantage of one of the new-user promos available at the sportsbook.
3. Create your account.
4. Use any of the available deposit methods to fund your account.
5. Click on the NASCAR betting tab within the mobile app.
6. Choose an event and a specific market for your initial bet.
7. Submit your bet.

It’s that easy! Just be sure to follow the key terms and conditions of the sportsbook’s welcome offer to claim the reward.

📲 Where to Bet on NASCAR Online

Now that you know how to bet on NASCAR online, it’s time to teach you where to bet on NASCAR. In this section, we’ll be highlighting some of the best sportsbooks for NASCAR betting and explaining the key details of each sportsbook’s welcome offer.

NASCAR at DraftKings

DraftKings Sportsbook is a great place for NASCAR betting because of the wide variety of NASCAR betting markets available within the app. For example, DraftKings has NASCAR Cup Futures, Winner, Top 3 and Top 5 markets for each race, as well as Driver Prop markets. 

The welcome offer for DraftKings also provides up to $1,000 in a No Sweat First Bet, insuring any losing first wager with second-chance funds.

NASCAR at Caesars

Next up on our list of great NASCAR sportsbooks is Caesars, which has an incredible welcome offer that is perfect for NASCAR bettors. With the Caesars new-user promo, you can receive $1,000 in bet protection to cover your first bet on the platform. 

You must use our promo code FNEG1000 to unlock the bonus, but once you do, you’ll have a bonus bet waiting for you, up to $1,000, should your first wager lose. Caesars has some great odds boosts for each and every NASCAR race.

NASCAR at FanDuel

NASCAR betting at FanDuel is a fantastic experience. Not only does FanDuel offer a wide variety of deposit methods and competitive odds in the NASCAR futures market, but it also has a unique sign-up offer. 

When you join FanDuel through our link and place just a $5 wager at FanDuel, you will receive $150 in bonus bets if you win.

NASCAR at BetMGM

If you’re still not sure how to bet on NASCAR online, BetMGM would be a great place to start using their promo code FANNATION. With the BetMGM $150 first-bet offer, your first $5+ bet with BetMGM carries guaranteed bonus bets of $150 no matter what. 

This means that if your first bet doesn’t win, you’ll still receive $150 in bonus bets. You can then use the bonus bets to bet on some of the Race Parlays for the next NASCAR race.

NASCAR at BetRivers

Last but not least among our top places to bet on NASCAR is BetRivers Sportsbook. With the BetRivers promotion, new customers can claim a Second Chance Bet worth up to $500. If your first bet with the sportsbook doesn’t win, you will receive a second chance by being credited with a bonus bet equal to your losing wager.

🏎️ How NASCAR Betting Works

If you’re new to NASCAR betting, refer to the following guide that provides an explanation of how to bet on NASCAR races.

1. Log in to your sportsbook account
2. Click on the labeled NASCAR betting tab.
3. Select an event from the list, such as the Coke Zero Sugar 400.
4. Select a market for the chosen race, such as betting on Denny Hamlin to finish in the Top 5 at +180.
5. Input the amount you wish to wager.
6. Submit the bet and enjoy the race.

🏎️ Popular NASCAR Betting Types

Let’s continue building our discussion of how to bet on NASCAR races. In this section, we’ll be explaining some of the popular types of NASCAR bets that you can make.

NASCAR Futures

Futures are probably the most common type of bet in a NASCAR race because they are easy to understand. The simplest future is simply picking the winner of a particular race. Along the same lines, you can also pick a certain driver to finish in the Top 3 or Top 5 as well. There are also season-long futures, such as picking the driver that will win the NASCAR Cup Series Championship.

NASCAR Driver Matchups

Driver matchups is a head-to-head bet type in which you are selecting which driver will have a better finish in a race. For example, you could bet on whether Bubba Wallace or Ty Gibbs will place better in a race.

NASCAR Props

Outside of the NASCAR betting futures market, prop betting is probably the most popular type of bet in NASCAR races. The reason for this is there is a huge variety of things to bet on. One example is whether the winning car will be a Chevrolet, Ford or Toyota. Other types of NASCAR prop bets could be picking the fastest qualifier, picking the winning car number or which driver will finish the best among all Ford cars.

NASCAR Parlays

Parlays are not unique markets for NASCAR betting, but you can create parlays using any of the markets discussed above. Parlays are when you combine multiple bets together for a chance at an increased payout. For example, you could combine two Driver Matchup bets and if both bets win, you will earn a higher payout.

🏎️ NASCAR Odds & Betting Lines Explained

The last section was our first step of showing you how to bet on NASCAR races, as we explained some of the popular types of bets you can make. In this section, we’ll provide more info on those bet types using examples you might see at your sportsbook.

• Futures: As a reminder, futures can simply be picking the driver that will win the race. For example, you may want to bet on something like “Chase Elliott +850 to win the Coke Zero Sugar 400.”

• Props: As mentioned above, there is a wide variety of prop markets in NASCAR betting. One such example could be betting on the Winning Car Number of the Coke Zero Sugar 400 to be 10-19 at +220 odds.

• Driver Matchups: Driver matchups is a head-to-head market involving two or more drivers. You may see odds like this:
• Kyle Busch -120 vs. Kyle Larson -110

📖 How to Read NASCAR Odds & Betting Lines

This section is the next installment of our series of how to bet on NASCAR races. To make things easy, we’ll use the same examples from above.

• Futures: Chase Elliott +850 to win the Coke Zero Sugar 400

These odds have a “+” in front of a number, which shows the possible payout for a winning $100 bet. You don’t have to bet $100, it just makes the payout calculation easy to understand. In this example, a $100 bet would profit $850 if Chase Elliott is the driver that wins the Coke Zero Sugar 400.

• Props: Winning Car Number of the Coke Zero Sugar 400 to be 10-19: +220

With this bet, we are predicting the car of the winning driver to be a number between 10 and 19. This means that if Denny Hamlin, AJ Allmendinger, Martin Truex Jr. or any other driver whose car number is 10-19 wins the race, our bet would be a winner. The +220 odds mean that a $100 bet would profit $220 in this instance.

• Driver Matchups: Kyle Busch -120 vs. Kyle Larson -110

As you can see, two drivers have listed odds in this example, meaning you can place a bet on either one of them. A $12 bet on Kyle Busch would profit $10 if he finishes the race better than Kyle Larson, while a similar $11 bet on Kyle Larson would win $10 if he finishes better than Busch. Since you would need to wager a bit more on Busch to profit the same amount, this indicates that he is a slight favorite in this matchup.

📊 NASCAR Betting Trends

Some sports bettors prefer to use trends to look for edges in NASCAR betting. Trends involve identifying patterns from previous races that could have significance in upcoming races. Good trends have solid win rates over a large sample size, but that doesn’t mean that they are always going to lead to future winners.

Some trends for NASCAR betting could include how drivers have performed historically on certain tracks. For example, you could look at Denny Hamlin’s performances at the Daytona 500 to make predictions about how he could do at next year’s race. You could also look at things in qualifying, such as perhaps a certain driver is historically very poor when earning the pole position. You can look for trends yourself or use trends from experts, but always keep in mind that they don’t guarantee success.

🤓 NASCAR Betting Strategies

As mentioned above, there is no way to guarantee that you will win in NASCAR betting. We can teach you how to bet on NASCAR by explaining the different markets and bet types, but we can’t give info that will automatically provide winning bets. For the best chance at winning, you could think about using some of the strategies below.

Basic

The most basic NASCAR betting strategy could involve simply tailing bets from an expert. There are plenty of NASCAR betting experts who share their bets for upcoming races, oftentimes for free. The easiest approach to NASCAR betting could simply be making those exact same bets.

Intermediate

One type of intermediate NASCAR betting strategy could be paying close attention to the qualifying rounds. By watching qualifying, you could see if you find anything that could help predict what will happen in the actual race.

Advanced

Advanced NASCAR betting strategies would likely involve the use of statistics. For example, you may see that a particular driver has had some strong performances in recent races that may have been overshadowed by bad luck such as a crash, poor pit stops, etc. Breaking down races using stats would be a tactic used by advanced NASCAR bettors.

❌ What to Avoid When Betting on NASCAR

NASCAR betting has several variables, thus making it extremely difficult to predict. For example, things such as crashes, weather and poor pit stops can all lead to surprising outcomes. Plus, the margins between the drivers are so small that the difference between first and 10th place is often not that large of a gap.

For this reason, it’s crucial to always bet responsibly. Avoid betting more than you can afford to lose, as NASCAR betting, along with betting on any sport, is extremely difficult. Never chase your losses, as this will only lead to trouble in the long term.

📱 Betting on NASCAR With Mobile Apps

The best way to engage in NASCAR betting is to place bets through one of the mobile apps offered by reputable sportsbooks. You can download NASCAR betting apps from either the App Store or Google Play store. Once you have an app on your mobile device, you’ll have access to all of the great NASCAR betting markets we have discussed in this article. 

Make sure you’re first able to answer the question “Can I bet on NASCAR online legally?” before trying to participate on a mobile app.

FAQs

❓ Can I Bet on Individual Driver Performances in NASCAR Races?

Yes, there are tons of driver props available at each of our trusted sportsbooks. You can bet on the winner of the race, a driver to finish in the top five, or even head-to-head matchups with other drivers.

❓ Can NASCAR Betting be Profitable?

Yes, NASCAR betting can be profitable, but that is not guaranteed. By reading this article you should now know how to bet on NASCAR, but we cannot promise that you will win.

❓ How to Bet on NASCAR & Win

As mentioned above, there is no way to guarantee that you will win with NASCAR betting. For this reason, always bet responsibly.

Enjoyed this article? Further enhance your betting experience with our guides, handpicked for you:

• Best Sportsbook Promo Codes
• Best Sports Betting Sites
• Best Sports Betting Apps

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