Over the past several years, the racing event that we now know and love as NASCAR has grown tremendously by leaps and bounds. Once nothing more than a racing event for a few die hard racing enthusiasts, it has blossomed out of this cult following and has left its undeniable mark on the mainstream. In fact, many people now feel that NASCAR has surpassed the NHL as one of the fourth major sporting events in the United States.
It is only natural that the widespread popularity of the sport has made it possible for the fervor to move into the world of sports Betting as well and today, countless thousands of people wager on NASCAR events on a regular basis, and the growth in number seems to show no sign of stopping…or even of slowing down.”5Dimes by far is the best sportsbook for betting nascar it has the biggest selection of nascar matchups and betting options”
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One of the factors that can possibly explain the increase in the number of people wagering on NASCAR is the simplicity and ease of the betting involved. The fact of the matter is that NASCAR offers one of the easiest, simplest and most profitable betting options around today.
Different types of NASCAR betting opportunities
There are actually three different types of betting that a person can make on a NASCAR racing event. Bettors have the option to either wager on a particular race car driver to win the race, wager that a driver will secure a place in the top three positions, or wager that a particular race car driver will finish higher than another race car driver.
|When you are looking at the odds of a particular race car driver to win the race, you can generally expect to see something that looks like this:|
|The odds that are listed above are typically listed as money line odds. What this means is that for every $10 that you wager on Jeff Gordon to win the race for example, you will have the chance to win $20 if that does happen. Bettors who are wagering on Bill Elliott to win the race on the other hand, will win $70 for every bet of $10. Furthermore, since every wager is automatically returned to the bettor in the event of a win, bettors that wager $10 on Elliott to win the race would receive $80 back from a sportsbook instead of only $70. The reason for this is because sportsbooks are required to pay a bettor for his or her wager at the time that it is made.
In many races, you may also run into a betting entry that is marked as “Field”. This entry is simply one wherein all the other drivers besides the ones listed by the sportsbook are included. Keep in mind though that even though a bettor can get more than a single driver with one bet, the “field” is almost always made up of drivers that are given the least opportunity to win and therefore should best be avoided.
When you are betting on a driver to finish in anyone of the top three positions, the odds of winning will obviously be lower since the sportsbook has to pay off three different winning bets, instead of paying off only one.
Player vs. Player Game Match-Ups. In this instance, both players must play to get some of the action. All the props will be evaluated 2 to 4 hours after the completion of the event.
Keep in mind that 55 minutes is the required amount of playing time for betting purposes in the NHL. If the game is postponed or suspended, the results after 55 minutes of play are considered final.
In many sportsbooks, for example–all the NHL lines are posted on the day of the scheduled event. Bettors have the option to bet either on the 1st Period or on the full game. In either case, you can choose a team to win or bet as determined by the total score.
|Jeff Gordon||- 140|
|Mark Martin||+ 100|
|Jeff Burton||+ 125|
|Bill Elliott||+ 200|
|Robby Gordon||+ 200|
In this particular scenario, a bettor who is betting on Jeff Gordon to finish in either the first, second, or third position would have to risk $14 in order to win $10. A bettor who is wagering on Bill Elliott to reach those same positions on the other hand can potentially win $20 on a $10 wager, instead of only $70.
The last bet that is commonly placed in NASCAR is similar to one that is placed in other sport betting activities. This involves a head-to-head finish between the two drivers. In this particular instance, the specific position that a driver places in does not really matter, just as long as the driver that is being wagered on finishes higher than the other driver.
In that example, a line of bet would look something like this:
Mark Martin – 130 Jeff Burton + 110
Bettors who wager on Martin to finish higher than Burton will be risking $13 in order to win $10. Conversely, bettors who bet on Burton to finish higher than Martin will risk $10 in order to win $11.