The Daytona 500 is one of the most prestigious auto races in the world. Millions of people tune in to watch the Daytona 500 on television and tens of thousands of racing fans head to Florida to watch the race live. It is clear that a race of this magnitude captures the attention in one way or another of nearly every household in America. When betting on a NASCAR race such as the Daytona 500, a NASCAR bettor can bet on his favorite racer to win or they can bet on one racecar driver to finish better than another racecar driver in a theoretical match up.
A NASCAR betting pro can wager on the outcome of the race by betting on an individual racer like 2006 Daytona 500 winner Jimmy Johnson, who is listed at twelve to one to win the Daytona 500. Or if you desire, you can bet on Dale Earnhardt Jr., who is also listed at twelve to one. Kyle Busch is listed at eight to one and is considered the favorite to win the race. In addition to picking the winner of the Daytona 500, a bettor who is interested in wagering on the race can even bet on which racer or racers will finish in the top three.
Another interesting way to bet on the Daytona 500 is by betting on theoretical match ups. NASCAR bettors can bet on which racer has the better qualifying times during the time trials. When betting in this manner, two racers are listed by way of the money line and the bettor wagers on which will win the head-to-head competition. For example, a line for time trials may look like the following:
Dale Earnhardt Jr. +105
Jimmy Johnson -110
The NASCAR lines above suggests that Jimmy Johnson is the slight favorite to post a better qualifying time than Junior is. If you were to bet on Dale Jr. to post the better time, you would win $105 for every $100 wagered if Dale Jr. logs the better time. If you wager on Jimmy Johnson to qualify faster than Dale Jr. does, you win $100 for every $110 wagered if your bet wins. This same method of betting by way of theoretical match ups can be done during the actual race, in addition to during time trials. Should you choose to place a field bet in hopes of an unknown racer winning the Daytona 500, the field bet would pay 30 to 1 if it successfully came in.
