The moneyline odds placed on Ryan Blaney project him as the favorite to win at +1100. Risking a dollar on a Blaney Daytona 500 win will earn a $12 payout at Bovada if he is victorious this weekend.

The ratios only go up from there, with payouts of between 11x and 150x on the table as long as the wager is placed on the NASCAR driver who wins. Why are online sportsbooks willing to risk so much of their money when one of these racers is certain to win?

Daytona 500 Betting Odds For 2024

The reason is simple. All wagers placed on non-winning drivers will lose and become revenue for the sportsbook. Sure, they’ll pay out big to anyone who bets on the eventual Daytona 500 winner, but 18 and over sportsbooks will keep the rest of the revenue for themselves.

Leave that business to the NASCAR betting sites. Just bet on who you think will win and collect your payout when the race is over. If Daytona 500 futures offer too many wagering options, consider gambling on NASCAR prop bets with fewer outcomes.

Daytona 500 Odds For Winning Car Manufacturer

• Ford +140
• Chevrolet +165
• Toyota +250

There are only three brands of cars that compete on the NASCAR Cup circuit – Toyota Camrys, Chevrolet Cameros, and Ford Mustangs. The Ford odds place them in first, and that’s the same make of car driven by the overall projected winner, Ryan Blaney.

If you are completely knowledgeless regarding NASCAR racing and simply want to place a fun bet on the Daytona 500, here are a couple of novelty props that anyone can wager on without fear.

Daytona 500 Odds For Winning Car Number

• Over 13.5 -160
• Under 13.5 +120
• Over 17.5 -110
• Under 17.5 -120
• Over 21.5 +125
• Under 21.5 -165

Daytona 500 Odds For Winning Car Number Being Odd Or Even

• Odd -105
• Even -125

Whether you are in Florida for the 500 or elsewhere in the USA, at least one (or more) of our 18-friendly sportsbook sites will let you join and place a wager on the race.

The odds that we’ve posted in this article are sourced from Bovada Sportsbook, but there are alternative lines offered at the other sites that we prefer. We say this because higher-paying odds can be secured by shopping the lines at multiple sportsbooks.

Of course, this requires belonging to more than one NASCAR gambling site, but this is a strategy that we recommend. Besides, joining an online sportsbook only takes a minute, so you can create an account once you spot the higher moneylines.

It is also worth noting that any of the gambling sites we suggest can be pulled up on Apple and Android devices, delivering 18+ sports betting apps to NASCAR fans across the country.

Bovada (Bovada Review), Daytona International Speedway (Official Website)

NASCAR executive Steve O’Donnell said that he wanted to go all in on sports betting last year, but NASCAR decided to take a step back before implementing new gambling guidelines. The new guidelines forbid drivers and other team members from disclosing confidential information or from betting on the races.

Despite the betting ban, NASCAR affiliates are allowed to participate in fantasy sports relating to the Cup, Xfinity, and Truck touring series. The one stipulation for fantasy sports is that participants employed under the NASCAR umbrella cannot accept a prize over $250 in value. These rules are similar to what other US sporting leagues have implemented. NASCAR will also allow sports betting sponsors for drivers at all races.

When it comes to legal sports betting many people fear cheating scandals due to several past events that have left a dirty stain on sports associated with betting. The Black Sox scandal of 1919 turned the public opinion against sports betting and almost ruined the beloved American past-time of Major League Baseball.

O’Donnell stated that the integrity of the sport and the sheer number of associated employees is why these rules are now in the NASCAR rulebook.

Now that there is no federal gambling laws that ban sports betting seven states have already started to accept bets on sporting events. Until 2018, Nevada was the only state that could accept legal bets on single-game sporting events. Now domestic sports betting has been legalized in seven other states with many more state looking to pass legislation in 2019. The eight states that now accept wagers on sporting events are Rhode Island, Delaware, Mississippi, New Jersey, Pennsylvania, West Virginia, New Mexico, and Nevada.

While football, basketball, and baseball are considered the three top sports to bet on, NASCAR is hoping to build a stronger audience while creating more fan interaction and education. The director for the Delaware lottery, who regulates sports betting in Delaware, said that less than 1% of all bets placed on sports were on auto racing.

To make matters more complicated, NASCAR is enforcing new rules where officials will inspect a winning car after the race to determine if the car is legal. If the car is ruled illegal, NASCAR will then strip the win from the driver. Based on this new rule sportsbooks will have to wait for official race results before paying out winning bets.