NASCAR Betting Guide
NASCAR is one of the most exciting and entertaining races to place bets on. Each car hits the racecourse simultaneously, and only one of them will emerge the winner out of all the competing ones. It is between three and four hours of adrenaline, burnt rubber, and exhaust fumes. Like F1 betting, you can bet on the winner of the race, or you can go for more exotic bets like who will finish in the top 3.
So how should you bet on NASCAR? If you are new to NASCAR betting online, then no need to worry since this NASCAR guide has got you covered. The most important thing to remember when betting on NASCAR is that anything can happen. There are so many variables that can affect the outcome of a NASCAR race, so you need to be prepared for anything.
The National Association for Stock Car Auto Racing, or NASCAR, is an American auto racing organization. It was founded in 1947 by Bill France Sr., and its races are held on tracks in the United States and Canada.
You’ll need to find a reputable betting app that offers NASCAR online betting. Once you’ve found bookmaker you’ll need to create an account and deposit some money. After that, you can start placing NASCAR bets online.
There are a few ways to bet on NASCAR races. You can go to the track and place your bets there, or you can use online NASCAR betting sites – we recommend Cloudbet.
✅ There is no federal law that specifically addresses the legality on sports betting NASCAR races in the United States. However, many states have their own laws and regulations governing this type of gambling. As such, it is important to check with your local authorities to see if bet NASCAR online races is legal in your state.
NASCAR is a privately owned company, and as such, does not have to disclose its financials. However, we do know that NASCAR’s main source of revenue comes from television rights fees and corporate sponsorships. In addition, NASCAR also generates income from ticket sales, licensing agreements, and merchandise sales.
Kyle Larson is the odds-on favorite to win the NASCAR Cup Series in 2022. The 27-year-old California native is coming off a breakout season in which he won eight races and earned his first trip to the playoffs. Larson has already proven himself to be one of the best drivers in NASCAR, and he should only continue to improve in the coming years.
The guide will provide you with some genuine betting NASCAR strategies and tips that can help you increase your chances of winning. Read on to find out more in this NASCAR betting guide.
NASCAR Betting Guide: How to Find Value in Odds?
From a betting perspective, there are numerous ways to bet on NASCAR than just choosing a team, car, or driver to win the race or tournament. In fact, the work of experienced bettors starts long before the actual day of the race. Crypto bookmakers offer a wide variety of pre-race bets on NASCAR events.
The week building up to every race has lots of information regarding how you should bet. It offers historical information that extends further into the past. Once you obtain the necessary information, you need to know where to find value in betting odds.
This is where many bettors make mistakes. They either don’t do their research or they fail to find value in the NASCAR bets. And here are the markets where you can find value:
A futures wager is a bet on who’s going to emerge the overall winner of the season-long championship. You’ll find odds offered on the individual team, manufacturer, or driver. The only thing that you need to do is to choose who you think will be the winner, and if you are right, your bet wins.
You can make a future bet at any point, either before or during the season. Betting odds will change based on the probability of each driver, manufacturer, or team winning.
Unlike NASCAR futures wager where you need to wait for the whole season to collect your winnings, every week, you can bet on the driver that will win the race. Furthermore, many sportsbooks will allow you to be a little conservative and pick whether a given competitor will complete the race in a range like the top three, top four, top five, or any other variation.
Keep in mind that picking a driver to win can prove to be difficult as there’re mechanical failures, accidents, and many other problems on the track. To overcome all these things and still fend off the other drivers is a challenging feat, and that is the main reason why you’ll find odds with good value.
Outright betting is a great way to make some quick profits if you do your research and don’t mind taking a bit of risk.
Picking an outright victor out of the 40 drivers can be difficult. But choosing a driver to finish the race in the top three, top five, or top ten can be much easier. While a place bet offers lower odds, the chances of winning are very high. Winning a NASCAR race takes just a few lucky breaks in the 400+ miles of racing. Finishing in the top five takes less luck.
A wide range of bookmakers offers H2H betting markets in which two drivers are matched up, and you only need to pick which among them will complete the race in a better position. Unlike an outright winner or futures bet, the betting odds are lower for an H2H bet. But they offer good odds compared to markets like over/under and NASCAR prop bets.
NASCAR Betting Strategies
The key to a successful NASCAR gambling journey is research. And the best research process incorporates excellent betting tools, resources, and data picks. All the cars in NASCAR races survive due to the hard work and support of pit teams.
Without the right NASCAR betting strategies and tools, the pit teams wouldn’t get the job done. Betting on NASCAR online is the same, meaning without the right resources and tools to make expert betting tips, you would be lifeless in the garage.
Some of the resources for pulling statistics like recent winners, driver averages, and average finish are ESPN NASCAR Standings, RacingReference.info, and DriverAverages.com. In terms of data picks, make sure you are following links to proven expert pages. Once you land on the pages, you can make your bets alongside the experts or use them to ensure you do not miss anything in your predictions.
4 Ultimate NASCAR Betting Tips
To win in both the long and short term, you need to have the best betting tips. The more tips you can have before you can start to place NASCAR bets, the more likely you’re to make intelligent and informed wagers. That being said, here are the four ultimate NASCAR betting tips:
Compare Similar Track Styles and Conditions: Analysis of trends is an effective way to choose winners of the race and draw some meaningful conclusions when you bet on NASCAR online.
But there’re lots of pitfalls that bettors fall into where the information and data trends they draw aren’t correct. You should compare racecourses that are similar in terms of length, shape, and track materials, as well as their current conditions.
Car Setup: NASCAR sets the aerodynamic and engine packages for races that drivers and teams must follow. Take this into account, especially when you are looking for meaningful trends and weighing past results.
Things such as down-force can impact how close drivers race and how easy it’s to overtake. If you want to take your winning experience to the next level, then this’s a great spot to do it.
Race Strategy: In the early stages of the season, drivers are just focused on winning races. But as the season closes out, race strategy comes into play. You need to understand every driver’s strategic implications before making any NASCAR bet in the playoffs or late in the season.
Not Individual Sport: When making NASCAR bets, you should look at who might be planning to work together and how that can affect the result of the race. Owner/driver and social media quotes before a NASCAR race can be pretty telling.
NASCAR Tracks Guide. Bet on NASCAR Online
You cannot have the best NASCAR betting strategy without having to appreciate the importance of racetrack history. Many drivers perform well on some racetracks and mediocrely on others. There is no sorcery or black magic behind this. The actual reason is that there’re various types of racecourses in the sport.
And as a result of this, NASCAR tracks are put into four main categories, which are superspeedway, short, intermediate, and road. If you want to earn money with NASCAR sports betting, you aren’t going to get far without basic knowledge about these racetracks categories.
Bet on NASCAR online and understand the differences between these tracks. It’ll help you know which drivers to put your money on and when.
The first category is superspeedway, and it’s represented by two racetracks, Daytona International Speedway, and Talladega Superspeedway. Both of these are 2.5-mile oval tracks, but they have different banking. Daytona has a higher banking of 31 degrees in the turns while Talladega’s is 33 degrees.
What this means is that Daytona International Speedway is going to be a lot smoother and faster. The difference in banking might not seem like much, but it does make a significant difference. As a result of this, you often see different winners at these two tracks.
The best drivers to bet on at superspeedway tracks are those who have experience racing on them. It’s not just about raw speed; it’s also about knowing how to draft and when to make a move. Look for drivers who have a good track record at these tracks specifically.
The next category is short tracks, and this one is represented by Bristol Motor Speedway, Richmond Raceway, and Martinsville Speedway. These tracks are all less than 2 miles long, and they have banking that’s much lower than superspeedway tracks. Bristol has 24 to 30 degrees of banking, Richmond has 8 to 12 degrees, and Martinsville has 12 to 16 degrees.
Short tracks are going to be a lot more challenging for drivers. They require a completely different car racing betting NASCAR strategy, and the margin for error is much smaller. The best drivers to bet on short tracks are often those who grew up racing on them. They know how to handle the cars and make the right moves at the right time.
The next category is intermediate tracks, and this is where you’ll find most of the races taking place. These tracks are typically 2 to 2.5 miles long, and they have moderate banking. The most notable intermediate tracks are Charlotte Motor Speedway, Chicagoland Speedway, and Kansas Speedway.
These tracks require a balance of speed and strategy, and the best drivers are often those who can find that perfect balance. Look for drivers who have a good track record at these types of tracks specifically.
Road Course Tracks
The final category is road course tracks, and there are only two of them on the NASCAR circuit. These tracks are Infineon Raceway and Watkins Glen International. Both of these tracks are over 2 miles long, and they have a lot of turns.
Road course tracks require a completely different skill set than the other types of tracks. The best drivers to bet on road course tracks are often those who have a lot of experience racing on them. They know how to handle the cars and make the right moves at the right time.
Now that you know the different types of tracks, you can start to develop a betting NASCAR strategy. Pay attention to which drivers perform well on which types of tracks. This will give you a good idea of who to bet on and when. Good luck!