Best Daytona 500 Betting Sites in the US for 2024

Daytona 500The Daytona 500 is one of the biggest races of the NASCAR Cup Series. Taking place in Daytona Beach, Florida, thousands of fans tune in to this race each year. Taking place over 500 miles, Daytona 500 has the largest purse in the sport. Read on for everything you need to know about Daytona 500 betting.

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Top Daytona 500 Sportsbooks by Category

  • πŸ₯‡ BetMGM βœͺ Best Daytona 500 sportsbook
  • πŸ₯ˆ Betway βœͺ Great track record
  • πŸ₯‰ Caesars βœͺ Wide range of Daytona 500 bets
  • βœͺ BetRivers βœͺ Great Dayntona 500 markets
  • βœͺ bet365Β βœͺ Easy to use Daytona 500 sportsbook

We’ll take a deep dive into the history of the race, how to get the best odds, and the best Daytona 500 betting sites. We’ve also got useful tips for choosing potential race winners to help you make the most of your Daytona 500 betting.

Betting on Daytona 500: Odds and Payouts

As the Daytona 500 is one of the biggest events in NASCAR, you will find that the odds are competitive across the board. This is because the sportsbooks want to tempt bettors who might be placing their first wagers. The payouts tend to be good for the Daytona 500 each year as a result of the high interest level in betting on the Daytona 500.

Most Common Betting Types

NASCAR races are known for their high-octane action. There are plenty of different variables to consider and a lot of statistics and areas of the race that make for good betting markets. Here are a few of the standout markets for betting on the Daytona 500:

Race Winner

The most important aspect of any race is going to be the driver that gets past the finish line first. You can place a bet on which driver you think will be successful with the Daytona 500 or bet on what team will have its car finish first.

Lap-Related Bets

There are many popular markets that relate to the laps of a given race. This could be the lap leader after a certain amount of laps or what driver will record the fastest lap time during the race. This type of betting on Daytona 500 is particularly tricky for inexperienced bettors.

Head-to-Head Betting

As there are so many drivers taking part in the Daytona 500, it can sometimes be hard to find one winner out of the pack. Head-to-head betting is a popular betting type as you are betting on which of two drivers you think is going to have the better finish in the Daytona 500.

Futures Betting

Futures betting is aΒ popular way to place wagers on a major sporting event in the months leading up to it, such as who will be the outright winner. The odds for these markets are generally better than when you wait until a few days before the race before betting on Daytona 500 outright markets.

Best Daytona 500 Betting Offers

Bonus Category Daytona 500 Betting Site
πŸ₯‡ Top Daytona 500 Bonus BetMGM
πŸ₯ˆ Best Offer for New Players Betway
πŸ₯‰Best Value Bonus BetRivers
◻️ Great Promotions Caesars
◻️️ Top Offers on All Sports BetMGM

Getting a welcome bonus is a nice perk when signing up at a new sportsbook. Welcome offers come in various formsΒ and can be a nice way to begin with Daytona 500 online betting.

As the Daytona 500 is one of the biggest races in NASCAR, operators will often have multiple betting promotions on offer. This could see you getting your money returned to you if your driver crashes out or an enhanced price on a certain race outcome.

Live Betting and Streaming

As it is a long race, there are numerous opportunities for live betting. These markets can vary from race-winner bets to who will be the fastest in the next lap. In-play markets add an extra layer of excitement to betting on Daytona 500 for many people.

Many sportsbooks even provide you with the capability of streaming the Daytona 500 live through the platform when you have made a bet on the race. You may also find betting markets that are not available before the event.

Daytona 500 Online Betting Strategy

The Daytona 500 is the premier race in the NASCAR calendar and for good reason. It is an extremely exciting race with multiple variables that mean surprises can happen and a sense of unpredictability.

  1. The tight nature of the race can lead to longshots coming to the fore
  2. Look out for course specialists
  3. The average odds of the winner over the past 10 years is 20/1
  4. The winner is usually a top-tier driver
  5. Live betting can be very important due to potential changes

While favorites can crash out during the course of the race due to the tight nature of the event, the winner ultimately is usually one of the best drivers in the sport. The Daytona 500 is a race that requires plenty of skill and perseverance in order to come out on top, with any victory being one that is hard-earned.

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All You Need to Know About the Daytona 500

The Daytona 500 Info
Daytona 500 Headquarters
Name: Daytona 500
Headquarters: Daytona Beach, Florida
Year of foundation: 1959
Period of the Year: February
Website: Daytona 500

The Daytona 500 takes place every year at the Daytona International Speedway in Daytona Beach, Florida. The first race was held in 1959 and the event takes place over 500 miles, equalling 200 laps of the track.

It is one of the two Cup races that take place at Daytona annually. Since as far back as 1982, the Daytona 500 has been the first race for the Cup Series. It is known as being the most prestigious race in the sport and also carries the largest purse.

The Daytona 500 is the most viewed annual motorsport race in the US and takes place in February, often coinciding with President’s Day weekend. The Daytona 500 winner gets the Harley J. Earl Trophy. The car that wins will also be displayed at the on-site museum for the next year.

Daytona 500 sportsbooks have plenty of exciting promotions to attract bettors to place a wager on the race. People who usually don’t partake in NASCAR betting during the course of the year will often bet on the Daytona 500, and sometimes other motorsports too.

Info on Drivers of the Daytona 500

The number of cars in the Daytona 500 varies each year, but is usually around 40. 36 of the spots will be guaranteed, with the remaining spots being earned through qualifying events.

The Drivers With the Most Titles

A few drivers have achieved great success at the Daytona 500 over the years. Richard Petty is well in front in terms of most wins, with seven in his career. He is also of just four drivers who have managed to win back-to-back Daytona 500 titles. Here are the drivers with the most victories:

Drivers that have won the most Daytona 500 titles
Driver Number Won First Win Latest Win
Richard Petty 7 1964 1981
Cale Yarborough 4 1968 1984
Bobby Allison 3 1978 1988
Dale Jarrett 3 1993 2000
Jeff Gordon 3 1997 2005
Denny Hamlin 3 2016 2020

The Best Drivers in Daytona 500 History

As only the best drivers each year get to race in the Daytona 500, all of the sport’s legendary drivers have taken part in the race during their careers. Most of the Hall of Famers have won this race at least once, cementing their legacy in the process. Here is a look at some of the most standout winners:

  • Richard Petty
    Richard Petty – Most Wins

    Richard β€œThe King” Petty is one of the most iconic NASCAR drivers of all time. He was the first-ever driver to have won the NASCAR Cup Series seven times and has also captured a record 200 titles over the course of his career.

  • Jeff Gordon
    Jeff Gordon – A NASCAR Superstar

    Jeff Gordon is one of the names that helped elevate the sport of NASCAR into the limelight in the modern era. He was very influential during his career, managing to win the NASCAR Cup Series four times, as well as claiming three victories in the Daytona 500.

  • Denny Hamlin
    Denny Hamlin – The New Dominant Force

    Denny Hamlin has been dominating the Daytona 500 in recent years, winning the race in 2016, 2019, and 2020. He attempted to become the first driver to win the Daytona 500 in three successive years but came in 5th place in the 2021 renewal.

FAQ

As you can see, there are many great aspects involved with Daytona 500 betting. If you cannot find an answer to your question in the FAQ section below, please reach out to us at info@bestbettingsites.com.

πŸ₯‡ What are the best Daytona 500 betting sites?

Every one of the Daytona 500 betting sites is going to place extra attention on this race as it is the highlight of the NASCAR season. Therefore, you are going to have a lot of options to choose from if you are looking for a new sportsbook.

πŸ† Is betting on the Daytona 500 possible?

As this is the biggest race of the season, the Daytona 500 available betting types will be more extensive than any other race in NASCAR. You will be spoilt for choice when it comes to trying to figure out which bets are the best fit.

πŸ” Which sportsbooks offer the best Daytona 500 betting odds and payouts?

As it is such a major race, the Daytona 500 betting odds are going to be very competitive. Sportsbooks are looking to attract as many bettors as possible, so they will try to offer the most lucrative odds as a form of enticement.

πŸ‘Œ How can I bet on the Daytona 500?

Putting in place a Daytona 500 betting strategy for both pre-race and in-race betting is a good idea. As a lot can change during the race, having the ability to adapt is going to be a powerful tool to get a good return.

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