2022 NASCAR Cup Series season is about to kick off on Sunday with the annual running of the Daytona 500.
Kyle Larson may be the favorite to win the Cup Series championship for a second straight year, but he's got a running mate at the top of the odds board for the season's opening race.
Former F1 champion Jacques Villeneuve (+10,000) was recently announced as a participant in the race as part of Team Hezeberg.
Here are the latest betting odds for the 64th running of the Daytona 500, with the green flag set to drop at 2:30 p.m. ET on February 20th.
Daytona 500 Odds
|Driver||Odds to Win|
|Martin Truex Jr.||+2,000|
|Ricky Stenhouse Jr.||+2,500|
Odds courtesy of DraftKings Sportsbook as of February 20, 2022.
Favorite to win the Daytona 500
Denny Hamlin (+900)
Leading the pack of Daytona 500 betting favorites is Denny Hamlin, on the board at +900. Hamlin is a three-time Daytona 500 winner (2016, 2019, and 2020) but finished fifth last year and is hoping for a big weekend to set the table for his 2022 season.
Hamlin is coming off a 2021 campaign in which he won twice and racked up 19 Top-5 finishes, finishing third in the NASCAR Cup Series.
Per BetMGM, Hamlin is holding 11.5% of tickets and 14% of total handle.
Kyle Larson (+900)
Running alongside Hamlin at +900 is 2021 NASCAR Cup Series champion, Kyle Larson. Larson lapped the competition in 2021, tallying 10 wins, including five of eight playoff races. He's favored to repeat in 2022 in our NASCAR Cup Series odds.
He finished 10th in last year's Daytona 500 but has finished as high as seventh in 2016 and 2019. Larson is holding 10.4% of race tickets and 12.2% of total handle just a few hours prior to the race.
Rounding out the Top 5 is Ryan Blaney (+1,000), Chase Elliot (+1,100), and Joey Logano (+1,200).
Last year's Daytona 500 champion, Michael McDowell, is on the board at +2,800, up from +6,000 just a week ago. McDowell won last year with pre-race odds of +6,600.
How to bet on NASCAR
The most popular way to bet on NASCAR is by simply picking the winner of a race, which is also referred to as an outright. There are plenty of other ways to wager, including betting on whether or not a driver will finish in the Top 3 or Top 10 of a race.
Another popular betting option is head-to-head matchup betting, where sportsbooks pair up two drivers and you choose who you think will finish better in the race, which is far easier than trying to select someone to win out of a field of approximately 40 drivers. For tips on NASCAR betting check out our How to Bet NASCAR page.
Daytona 500 Odds FAQs
Denny Hamlin and Kyle Larson are +900 pre-race favorites to win the Daytona 500.
Michael McDowell won the Daytona 500 last year with pre-race odds of +6,600. He's available at +2,800 to repeat in 2022.
Kyle Larson is tied for first atop the odds board to win the Daytona 500, available at +900.