NASCAR is one of the most popular sports in America. And it’s for good reason.
There’s just something exciting about watching talented drivers compete go hundreds of miles an hour, competing for top place.
That said, if there’s one thing that makes NASCAR even more exciting, it’s betting on the race.
When you bet on NASCAR, you’re not just hoping that you’re favorite driver will win. You’re also hoping you’ll get to leave the race a little richer.
So let’s look at how to go from being a NASCAR watcher to a NASCAR better.
Where to bet on NASCAR
Laws for betting on sports vary throughout the United States.
For this reason, many sports enthusiasts travel to Las Vegas, Nevada to bet. In Vegas, betting on NASCAR is just one of many available gambling activities.
That said, even if traveling to Vegas isn’t a possibility, there are still options for betting on NASCAR anywhere in the country.
Lately, online NASCAR betting has become a popular option for gamblers. Some sites even offer free or reduced betting offers as promotions.
Betting on the winner
Once you’ve determined where you will bet on NASCAR, the next step is to decide what to bet on.
There are a couple of ways to approach betting on NASCAR.
Perhaps the most basic way to bet is on the race’s winner. While this might seem like a simple approach to betting, it is also risky one.
The standard number of cars in a given race is 43. So, if you bet on the winner of the race, you only have a one in 43 chance of winning the bet.
While these aren’t great odds, the upside is that you will have a good payoff if you do manage to guess correctly.
Another popular approach to betting is the head-to-head driver match up. In this bet, you wager that Driver A will finish ahead of Driver B.
It doesn’t matter where in the race Driver A finishes. As long as they finish ahead of Driver B, you’ll get a payout.
There is also an option for betting on how an individual driver will perform. In these types of bets, referred to as props, the better wagers whether the driver will finish over or under a certain benchmark.
Understanding your odds
You’ve probably heard the phrase “playing the odds” used to refer to gambling.
When you gamble, you are betting that an event will happen. The payout you get is based on how likely it is that the event will happen.
For instance, we mentioned earlier that most races have 43 drivers, so a better as a 1 in 43 chance of guessing the winner.
That said, betting markets don’t consider every driver to have the same likelihood of winning. For instance, a driver who has decades of experience will typically be considered more likely to win than a rookie.
For this reason, the payoff for choosing the correct winner of the race will be bigger if the better correctly predict a racer who was less likely to win.
Have you ever bet on NASCAR? Did you win? What was your strategy?
Let us know in the comments!