NASCAR Odds & Betting Lines
June 11, 2008
Now that auto racing is becoming more and more popular, Nascar odds are allowing fans to get in on the betting action. There are two main ways that these lines work for bettors, betting to win and matchup betting. Betting to win is fairly obvious, you bet on which driver will win the race. Matchup betting pits one driver against another, and you take who is going to come out on top or higher in the finish.
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Betting to win is by far the more popular choice and there are tons of events throughout the year for people to get their wagering in on. You may not see your favorite driver listed on the odds sheet, and if that is the case then you are going to want to take the field, which gives you the rest of the drivers not listed on the page. The Nascar odds work by taking into account how likely a driver is to win the race. If he’s a 50/50 shot (very unlikely) then you will see +100 or 1/1 next to his name. If he’s a 20% contender you will see 4/1 or +400.
The matchup odds will be based on a money line system. You will get much better value for your bets, and will have a higher chance of winning. It’s either Driver A or Driver B and you’ll see the matchup listed like this:
Driver A -140
Driver B +130
This means that you have to bet $140 to win $100 that Drive A will come out on top and if you want Driver B, a $100 bet will earn you $130 if he finishes higher.
This is a general overview of how Nascar Odds work, but if you want more information on races to come or different futures bets, see the articles below.