Daytona 500 Odds: Hamlin, Larson Lead Pack

Denny Hamlin will be looking to continue his dominance at the Daytona 500 with his third victory in four years when the Cup Series season kicks off this Sunday. Oddsmakers like his chances, but Kyle Larson, Chase Elliot, and others are close by.

Last Updated: Feb 20, 2022 10:19 AM ET Read Time: 4 min
Denny Hamlin Daytona 500 NASCAR
Photo By - USA TODAY Sports

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
Denny Hamlin +900
Kyle Larson +900
Ryan Blaney +1,000
Chase Elliott +1,100
Joey Logano +1,200
Brad Keselowski +1,400
William Byron +1,500
Kyle Busch +1,500
Austin Dillon +1,800
Alex Bowman +1,800
Martin Truex Jr.  +2,000
Bubba Wallace  +2,000
Kurt Busch +2,000
Kevin Harvick +2,000
Aric Almirola +2,500
Ricky Stenhouse Jr. +2,500
Austin Cindric +2,500
Chris Buescher +2,500
Tyler Reddick +2,500
Michael McDowell +2,800
Christopher Bell +3,000
Chase Briscoe +3,000
Justin Haley +3,500
Ross Chastain +3,500
Harrison Burton +4,000
Daniel Suarez +5,000
Erik Jones +6,000
Daniel Hemric +6,000
Cole Custer +7,000
Greg Biffle +7,500
Noah Gragson +10,000
Ty Dillon +10,000
Corey Lajoie +10,000
David Ragan +10,000
Jacques Villeneuve +10,000
Kaz Grala +10,000
Landon Cassill +10,000
Todd Gilliland +15,000
B.J. McLeod +15,000
Cody Ware +15,000

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

Pages related to this topic

Popular Content

Legal Canadian sports betting

Best Canadian betting sites Ontario sports betting
Covers 25 Years Logo Established in 1995,
Covers is the world
leader in sports
betting information.
Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo