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NASCAR Racing – The Best Strategies And Betting Tips

For Europeans, NASCAR appears to be a non-contest. The cars go round a circular track, with no chance of overtaking and the driver doesn't even have to turn the steering wheel. Yet the "sport" attracts huge sums of sponsorship cash, with cars and their respective drivers emblazoned with advertising logos. As a result, it also attracts a massive amount of sports bets. There are a limited number of NASCAR betting markets, but to make the big bucks you'll need to bet on results far into the future.

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How to Gamble on the NASCAR Series

As a European, it’s difficult to understand the appeal of NASCAR. Driving around a steeply banked track, counterclockwise, in what looks like a regular saloon car, appears to make little sense. It’s so unlike Formula 1. Nevertheless, NASCAR is incredibly popular all over the US and has been so for more than 70 years. The NASCAR Motorsport calendar is chock-full of events, with over 30 races taking part in the 9 months season. Probably the largest event in the Series is the All-Star Open. This takes place in May. Then there’s the NASCAR Cup Series Race. Later on, during the year you can find the Cup Series Championship, along with the Southern 500 Races.

NASCAR: A Very Lucrative Sport For Gamblers

One of the first things you’ll notice about the cars is that every inch of bodywork is covered in sponsors logos. All this means that NASCAR is one of the most lucrative forms of motorsport in the world. What’s more, as a gambler, it means that you can certainly make a pretty penny if you know what you’re doing. Being a sport with a long and exciting history, it’s no surprise to find that NASCAR has a whole army of veteran sports gamblers who follow every race. Along with a whole side industry that has grown offering jackpot winning tips and tricks, as well as basic gambling guides to help steer the sports bettor to some wins. Before you start gambling on NASCAR, it’s important to know exactly what events are going to be coming up in the following season.

Today we’re going to have a look at the most popular bets you can make on NASCAR. We suggest that you head over to Bodog Sportsbook to check out the odds for each one.

Popular NASCAR Bets

Win Bet

OK, this wager is a no-brainer because it’s so easy and straightforward. If you look at the sportsbooks odds, you’ll see that every NASCAR driver would have a different set of odds for winning a race. These may be displayed as fractional odds or moneylines. One of your best jackpot winning strategies is, if you were to bet on more than one driver to win, then you’d probably have a better chance of turning a profit.

Top 3/Top 5 Finish

With this bet, you are trying to predict whether a specific driver will finish in the top 3 or the top 5. Obviously, the odds with this wager are not going to be as favourable as betting on a winner. But having said that, if you place a strong wager, and your car manages to finish within the top 3 or top 5, then this is still a decent payout waiting for you. Below you’ll see how the typical NASCAR odds look for this type of bet:

Kevin Harvick: +400 or 4/1
Carl Edwards: +300 or 3/1
Jeff Burton: +1200 or 12/1

If, for example, you were to make a $100 stake on the above bets, then your total winning payout could be as much as $2,200. Providing they all make their top three finishers. So, while on the one hand, we can see that the odds are not particularly great, we can also see that the payouts can be very high for this type of wager.

Driver Matchups

Driver matchup bets come in two different forms and each of these will have very different odds. The first bet is to predict which driver would have a higher starting position than another. The other bet is for the end of the race. And it’s which driver will finish in front of the other. Interestingly enough, although each bet should theoretically carry the same odds, you’ll find more people tend to make the latter bet. Maybe it’s because the end of the race is the most exciting part of the whole NASCAR contest.

Futures Bet

Futures bets tend to be larger wagers that are placed on the driver who will win the Sprint Cup or the NASCAR Championship. These bets are made before the season starts. As you can imagine, the odds tend to fluctuate hugely as some drivers become more favourable and others as the season progresses. Nevertheless, with this form of bet, you can expect a very high payout if your predictions are correct. In order to increase your jackpot winning chances, we suggest that you spend time and energy doing a lot of research about the driver and the race track. Also, look at the historic vehicle reliability before you consider placing a futures bet.

Click here for Odds On all the Traditional Sports at Bodog

Prop Bets

There are two types of popular prop wagers placed on NASCAR racing. One is which car manufacturer will win i.e. Ford, Toyota or Dodge, out of how many makes of cars a particular manufacturer will have in a race. The second popular prop bet is almost the same as a matchup bet. But in this case, you’re going to bet on a single driver beating a specific group of other drivers.

Strategies And Tips For Betting On NASCAR

When it comes to any form of sports betting, you should not really consider your favourite driver or team, for that matter. Remember that you are betting to try and make a profit. In truth, your real betting opponent is the actual sportsbook itself. Your job is to find value, and it may be better for you and your bankroll to bet on a driver or team you don’t care for. In other words, don’t let the fact you might be a fan of a particular driver or team cloud your betting judgement. Below we’ve listed some NASCAR betting tips that may be beneficial for you:

Find a Sportsbook

With the rules and laws on sports betting varying from state to state in the US, it is imperative that you find a legitimate sports betting website that does actually allow gambling in your state. Check their gambling licence to ensure that the sportsbook is reputable. Don’t fall into the trap of betting with a sportsbook that has no affiliation with NASCAR. Or worse, no sports gambling affiliation for that matter. There’s a chance that though you might win the jackpot online, you may never see your winnings! We always use Bodog Sportsbook. They give, not only great odds on NASCAR, but also offer all new customers a fantastic welcome bonus of 100% up to $300!

Research the NASCAR Track

To our European eyes, every track looks exactly the same in NASCAR. But every NASCAR fan will tell you that each track is different. For example, some are wider than others. This allows more room for quick manoeuvrability, along with faster pit stops and better overtaking possibilities. Narrow tracks will make it more difficult for those drivers who are at the back of the grid. To a degree, the type of track will have a larger or lesser effect on the starting position of an individual driver.

Keep An Eye On The Weather

It’s a good idea to go visit the track on the final day before the NASCAR race day. This gives you a chance to watch the final practice session. With this, you’ll be able to see how the teams interact with their cars during the race. As well as how fast they are. Keep an eye on weather conditions as these can have a huge effect on race day. As you know, a wet track means that the tarmac is going to be more slippery. By combining the weather conditions, with how well the team and car perform together, you’ll have a much better idea of how your wagers should go.