The Daytona 500 is one of the biggest auto racing events of the year, and it is a race that is held each year. The Daytona 500 is nicknamed, “The Great American Race,” and it always provides plenty of excitement for auto racing fans.
Betting on auto racing isn’t extremely popular in the United States, but the Daytona 500 draws plenty of betting action each year. All of the top drivers in NASCAR compete in the Daytona 500 each year, and there is plenty of prestige and bragging rights that go to the winner.
Auto racing is different than betting on other sports, but there are still plenty of betting options when it comes to the Daytona 500. This betting guide will explain the different ways to bet on the race, and will also point out the top places to bet on, “The Great American Race.”
Betting on the Daytona 500 Race
Each NASCAR race brings about many great betting options, but sportsbooks usually offer even more bets when the Daytona 500 takes place. There are five types of bets that are commonly offered by all sportsbooks when it comes to the Daytona 500, and each bet will be explained below.
The first bet that is commonly offered by sportsbooks actually takes place before the Daytona 500 even begins. Qualifying for the Daytona 500 takes place the day before the big event, and this is the first chance to get in on the betting action.
Sportsbooks will offer bets on the fastest qualifier, and the fastest qualifier will earn the pole position for the Daytona 500. These bets are usually offered as a type of Future bet, which we will explain in more detail a little later.
If you can pick the driver that runs the fastest qualifying lap, you could win some big money before the race even begins.
A popular bet on the Daytona 500 is a bet placed on which driver will run the fastest lap. This is another bet that works very similar to a Future Bet, and this can also be offered as a live betting option by some sportsbooks.
Each driver in the field will be given odds for this type of bet, giving the bettor a chance to make a prediction. It doesn’t matter if the fastest lap takes place in the first lap or the last lap, as long as you pick the driver that runs the fastest lap in the race.
A podium finisher is another popular bet that is offered on the Daytona 500. This type of bet is similar to a bet that is placed on the Olympic Games as it focuses on the top-three finishers in the Daytona 500.
Bettors don’t need to correctly predict the winner or pick the exact order of finish as long as they pick a driver that ends up finishing in the top-three of the race. Odds are offered for each driver in the field, and there is a great chance to make some money with this type of bet.
A head-to-head bet is another popular bet that is placed on the Daytona 500. With this type of bet, a sportsbook will put two drivers against each other, giving the bettor a chance to make a bet on the winner.
Here is an example of what this bet might look like:
This means that sportsbooks believe that Bubba Wallace is expected to finish 1.5 spots higher than Kevin Harvick in the race. Sportsbooks will offer this type of bet for the fastest lap as well, but that brings a whole other bet into play.
Prop betting will also be offered on the Daytona 500, and prop betting is extremely popular on major sporting events. These types of bets will focus on just one certain driver and will be offered on certain occurrences that might happen in the event.
Here are some examples of what sportsbooks might offer:
Will Bubba Wallace finish the race?
Will Kevin Harvick lead at any time
during the race?
Will Denny Hamlin run out of gas
during the race?
Betting the Daytona 500 Event
Sportsbooks will also offer bets on the entire Daytona 500 event, and there are two common types of bets that are offered. Most bets are placed on the actual race, but some bettors prefer to focus on the event as a whole.
We already discussed prop betting during the race, but props will also be offered for the event as a whole. Here are a few props that might be offered on the Daytona 500:
- Will there be a wreck in the final five laps of the event?
- Over/Under 30 drivers finish the race
- Will a wreck occur during the first five laps?
If you plan on betting on the Daytona 500, then this is probably the most popular betting option that you will see. A future bet for the Daytona 500 can be placed months ahead of the actual event taking place.
Sportsbooks will offer betting odds for each driver in the race, and you have the opportunity to place a bet on which driver you think will win the upcoming Daytona 500. This type of bet offers a great opportunity to win some real money, but the odds for this type of bet will change often.
Where to Bet on the Daytona 500
Even though betting on Auto Racing isn’t extremely popular, there are still numerous places to bet on the sport. In New Jersey, there are both online sportsbooks and casinos that are ready and willing to take your Daytona 500 bets.
New Jersey has emerged as one of the leaders in the sports betting industry, and bettors will find plenty of great options when looking for some action.
New Jersey has legalized online and mobile sports betting, and the state has been able to attract plenty of big names in the sports betting industry. The market continues to expand with new operators joining the market each month, but the top operators are pretty well set.
Here is a short list of the top online sportsbook operators in the state of New Jersey:
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New Jersey has a terrific list of online sportsbook operators, but there are also plenty of casinos that offer sports betting as well. All of the casinos are located in Atlantic City, home to the second-biggest casino industry in the US. Here is a list of some of the top casinos that offer sports betting in Atlantic City:
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Daytona 500 Betting Guide Summary
Even though auto racing doesn’t see a ton of betting action throughout the year, things ramp up when it’s the week of the Daytona 500. This is one of the most important weekends of the year for auto racing fans, and sports bettors love to be a part of the action.
Sportsbooks in New Jersey and throughout the United States see plenty of betting action during the Daytona 500, and there are several great betting options available. If you’ve never placed a bet on the Daytona 500, there is no better time than the present to get in on the action.