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Daytona 500 Betting News

NASCAR Picks: NASCAR Cup Series Daytona 500 Best Bets, Odds to Consider on DraftKings Sportsbook
7:45 AM · Feb 06, 2024
NASCAR Picks: NASCAR Cup Series Daytona 500 Best Bets, Odds to Consider on DraftKings Sportsbook
The 2024 NASCAR season begins with the Great American Race. The Daytona 500 is often referred to as NASCAR’s Super Bowl. It’s the biggest race of the season, and DraftKings Sportsbook is offering users a variety of ways to wager on the prestigious stock car racing spectacle at the 2.5-mile super speedway in Daytona. Here are the best bets for the NASCAR Cup Series 2024 Daytona 500.
Author(s): Pearce Dietrich. Photo by Gary A. Vasquez-USA TODAY Sports

Daytona 500 Odds and Betting

The Daytona 500 is one of the most exciting races in the NASCAR season. The much-anticipated event takes place at Daytona International Speedway in Daytona Beach, Florida, and offers the largest purse of any other NASCAR event. It’s a chance to see your favorite drivers in action—and to scope out the up-and-coming rookies on the track.

While watching drivers blaze around the track at breakneck speeds is exciting on its own, betting on the Daytona 500 adds another gear to the experience.

How To Bet on the Daytona 500

The fastest driver in the Daytona 500 walks away with a huge purse and the Harley J. Earl Trophy—but they’re not the day’s only winners. Betting on the Daytona 500 puts you in the driver’s seat of the event, and every turn brings new possibilities.

Race winner bets

Race winner bets are as straightforward as they sound. Players choose which driver they think will win the Daytona 500 race, and then place a bet on that driver.

Driver matchups

When you make a driver matchup bet, you choose two drivers in the race and bet on which one will finish ahead of the other. Neither driver needs to win the race for a driver matchup bet to pay out—you just need to be right about which one finishes in a higher place.

Prop bets

Daytona 500 prop bets place wagers on events that may happen during the race. Common prop bets for this particular race include:


  • Top driver of a specific car manufacturer (Toyota, Ford, Chevrolet, etc.)
  • Winning manufacturer
  • Winning NASCAR team
  • Top three finishing drivers
  • A specific driver finishes in the top 10
  • Several specific drivers finish in the top 10

Futures bets

NASCAR futures bets place wagers on events later in the NASCAR season. For example, you may bet that a specific driver from the Daytona 500 will go on to win the NASCAR Cup Series Championship.

How Do You Read Daytona 500 Odds?


When you read Daytona 500 odds on DraftKings Sportsbook, you’ll see race lines that look like this:


Driver

Winner

Driver A

+450

Driver B

+900

Driver C

+1100


Odds with a plus sign let players know how much they stand to win if they bet $100. If you bet $100 on Driver A, you'd receive a total payout of $550 ($100 bet amount + $450 winnings). A $100 bet on Driver B would payout $1,000, and $100 on Driver C would payout to $1,200. The lower the odds, the more highly favored a driver is to win.

Daytona 500 Live Betting


Placing a bet before the Daytona 500 begins is one thing—but once those 200 laps begin, you may see opportunities for additional wagers. That’s where Daytona 500 live betting comes in.

These bets allow players to place wagers on prop bets based on late-race cautions and race lines while the race is occurring, giving them up-to-the-minute decision time for the ultimate bet combination.

How To Bet on the Daytona 500 with DraftKings

DraftKings Sportsbook is the place to be when the flag goes up at Daytona International Speedway. Find race favorites and updated race lines in an easy-to-read sportsbook format. Once you’ve filled out your bet slip, select other available bets for the NASCAR season, including the NASCAR Cup Series Championship.


Have Fun and Play Responsibly

DraftKings Sportsbook lets you place bets easily with our straightforward race lines and bet slips. Whether you’re choosing the race winner or placing a creative prop bet, Daytona 500 betting is an exciting way to connect with the event. Be sure to make responsible wagers and to budget your time and money, especially when the NASCAR season is only just beginning. For more tips on betting responsibly, follow our Guide to Responsible Gaming.