Nascar Betting Odds Explained

Even though Nascar is not the most popular sport to bet on, the team here at ExplainBettingOdds.com feels like we still need to explain NASCAR betting odds to you. NASCAR is definitely a sport with a passionate fan base. It is also a sport that has a great number of betting odds formed for it throughout the course of the season. NASCAR's season lasted for most of the year, going from about mid February for the Daytona 500 through the chase for the Sprint cup in Miami in mid-November. And throughout the course of the season, oddsmakers install a number of different betting lines for races on all three levels of the sport, including the Sprint Cup Series, Nationwide Series, and Truck Series. The goal of this page is to inform you about the different types of betting lines that oddsmakers will form, and online sportsbooks will offer to bettors. And whether you are a novice bettor with no knowledge of what you can wager on NASCAR, or an avid sports bettor familiar with NASCAR lines, this page can provide you with some good information about the basics of NASCAR odds.

How To Read Nascar Betting Odds

There are over 30 races throughout the NASCAR Sprint Cup series, and just about as many Nationwide and Truck series events as well during the season. Oddsmakers form betting odds for each race during the season, which are then displayed on online sportsbooks for you bettors to play wagers on. These odds are formed for the driver to win the race. There are two stages in which these weekly betting lines for NASCAR are released. The first are pre qualifying betting lines. These odds are formed on a number of factors, from the driver, the history at the track, the recent history of the season, and much more. Bettors will have the chance to place a wager on the race odds to win prior to qualifying at the track. The second stage is the post-qualifying odds. The pre qualifying odds will come down during qualifying, with the new odds formed. And while the odds do not change dramatically, you can definitely see some shifts. The post qualifying odds to win the race will be available right up until they start their engines.

How To Read Head-to-Head Nascar Odds

Outside of the overall betting odds to win a race, oddsmakers will form head-to-head betting lines each week. These betting lines put two drivers together against one another to record the better finish in the race. A driver does not need to win the race to win the bet, they simply only need to finish higher than the driver matched against them on this betting line. Odds for these lines typically payout right around even, since they usually match comparable drivers against each other.

How To Read Sprint Cup Futures

Oddsmakers form betting odds to win the season-long chase for the Sprint Cup championship. Here, the lines are formed for each driver, and continually update through each week of the season as more races are completed. A wager can be made at any point in the season when they are up. This is a fun bet to make and to watch your favorite driver throughout the course of the season.

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