Find where to bet in your state! See Sportsbooks
Advertisement
Be Social
VegasInsider.com on Youtube Bet Now
 

Sports Betting 101 - How to Bet Auto Racing

 
How to bet Auto Racing

How to Bet Auto Racing

As an individualized sport, auto racing betting is quite different from the highly popular team sports – football, basketball, baseball etc – in the betting marketplace. However, it does share a lot of similarities with those that are familiar with golf wagering, as each week there are odds on who will win the race, as well as individual matchups that are one-on-one battles between two specific drivers.

Odds to win are essentially a future wager on the driver(s) a bettor believes will win a specific race. These are odds that are often listed in the fractional format in the US – ie Kyle Bush to win at 5/1 – and continue on down the list with the entire field listed. So whether it's NASCAR betting odds, Formula One odds, or Indy Car series odds, all bets to win specific races are the ones that get discussed the most leading up to a specific race.

Matchup betting is the more consistent way to add to one's bankroll in auto racing betting as it's a head-to-head battle between two guys and whomever finishes better wins the proposition. These odds are listed in the more traditional American format of odds (-115/+115) and all that matters is how those two individual drivers finish.

Understanding Auto Racing Odds

There really isn't a whole lot more to a weekly auto racing betting board then the odds to win lines and the individual matchup wagers posted. Yes, there are additional props offered regarding things like caution flags and the like, but the best way(s) to find success in auto racing wagering long term is through those odds to win wagers, and more specifically those individual matchups outlined earlier.

Future Wagers

Again, future wagers in auto racing center on which driver(s) a bettor believes will win a specific race, and for some of the bigger events each year, these futures odds can be posted weeks and months in advance. How risky you want to get with wagers that are still weeks away is a comfort issue every bettor must decide for themselves, but if you believe you've got a good beat on certain drivers at certain tracks – after all, the theory of “horses for courses” in golf can be applicable to auto racing as well – future wagers on the track can be quite profitable. For example betting on Denny Hamlin to have a podium finish could have much different odds if the bettor makes the wager months in advance. During that time other drives could drop out or another driver could emerge as a top competitor. I/p>

There are many online betting sites to make NASCAR bets as there are numerous legal betting sites for the motorsport industry. Here are a few of the best legal betting sites, all of which offer a generous bonus code for signing up. Each of these betting sites could have slightly different NASCAR odds so it is recommended to check out a few betting apps before making a final decision. Many of these betting sites offer live betting, which means the betting lines will change as the race goes on which you can legally bet on for real money.

Best NJ Online Sportsbooks

Top PA Online Sportsbooks

Top IN Online Sportsbooks

Sportsbook Logo IN Online Sportsbook IN Sportsbook Welcome Offers Claim Welcome Bonus

Visit | Review
BetRivers 100% Deposit Match up to $250

T&C’s Apply, 21+, Only in IN

Visit | Review
Unibet $30 Free Bets + $250 Risk-Free Bet

T&C’s Apply, 21+, Only in IN

Visit | Review
FanDuel Risk-Free Bet up to $1,000

T&C’s Apply, 21+, Only in IN

Visit | Review
DraftKings Get a Sign Up Bonus up to $1000

T&C’s Apply, 21+, Only in IN

Visit | Review
PointsBet Deposit $50, Bet with $150

T&C’s Apply, 21+, Only in IN

In order to place bets on these sportsbooks, you must be in a state in which sports betting is regulated and where the corresponding sportsbook has a sports betting license. Welcome offers through VegasInsider are currently available in New Jersey, Pennsylvania, Indiana, Illinois, Iowa, Colorado, and West Virginia. Welcome offers may differ depending on where you register. Please visit the sportsbook using any of our links, change to your location and confirm your welcome bonus offer and requirements before you register.

How to Bet the Daytona 500

The Daytona 500 is the crown jewel in the yearly NASCAR schedule and it's an event that always attracts a sizable betting handle. Run around the middle of February each year, generally around Presidents Day, it's the race with the largest purse for drivers to claim by far. It's because of that prestige that bettors who are involved in the sport make sure to take their time in handicapping the Daytona 500 each year.

Betting the Daytona 500 is no different then any other race in the sense that there are still odds to win and individual matchups that dominate the betting board. Because of the large scope of the event, more matchups may be offered during this race then your typical NASCAR event, meaning that the auto racing matchups involved here can be lucrative.

Daytona Speedway is one of the most well-known racing tracks in the world, and it's the venue for all the action of the Daytona 500 each year.

How to Bet the Indy 500

Over in the Indy Car series, the Indy 500 is their high-level showcase event held at the Indianapolis Motor Speedway on the Sunday of Memorial Day (late May) each year. It's an event known for it's steep history in traditions, arguably the most famous of which has the winner downing a bottle of milk in the winner's circle.

Like the Daytona 500, auto racing odds and lines are released for this event well in advance of the date, and generally has no shortage of action from bettors. The “Brickyard” as the Indianapolis Motor Speedway is affectionately known is the site for some of the sports most memorable moments, and for those that love to bet this event, every sportsbook around makes sure there are plenty of wagering options available.

In general, there are no more popular auto racing wagers to connect on and discuss as the typical “who will win the race” future. The are numbers that move based on the money being put down on specific auto racing odds, and it's one where many bettors believe they can maximize their profit-making potential by their knowledge of the track, driver, and sport in general.

But as with golf betting, it's auto racing matchup wagers that will end up being the ones that bring bettors more consistent gains on a weekly basis in all likelihood, as the one-on-one nature of the bet lends itself much more to cashing tickets.

To Win Race

Everyone wants to be the one to be on the eventual winner in a pre-race capacity and it's why the “to win race” bets will always be a prevalent part of auto racing odds in NASCAR and other racing series. These are the odds that are most quotable for those producing betting previews and other content related material leading up to an event, and with everyone in the betting market regardless of sport loving to toot their own horn when connecting on an underdog winner no matter the price, to win bets where the “favorite” for a race may be something like 5/1 or higher, there is plenty of room for unabashed ego stroking for those connecting on winners in this fashion.

Matchups

Individual head-to-head matchups are the bread and butter of every series auto racing bettor's portfolio though and it's these bets that should see more time devoted too if you are interested in growing your bankroll each and every week a NASCAR, Indy Car Series or Formula One race takes place.

Breaking down track histories for driver's, recent form both from the driver and the team, and combining it with a little bit of intuition is where the bulk of profits come from for auto racing matchup bettors and that's how it should be if you are in it to take it seriously each and every week. Sure, it's nice to brag about connecting on a 5/1 or 10/1 outright winner, but chances are that wasn't your only selection in that field for a given race, and you aren't connecting on them once every five or 10 weeks or whatever the case may be to secure a significant profit on an online betting site.

It's individual matchup bets in auto racing lines that will be that staple that continues to feed one's betting bankroll each week. Good luck on your online betting! When you get the hang of it motor sport betting can be highly lucrative.