The 2021 NASCAR betting season hasn't even started yet, but the betting boards now have Daytona 500 odds. While NASCAR will hold three events – two of which are at Daytona International Speedway – prior to this race, this will serve as the first full-length event on the Cup schedule this season.
Here are the current NASCAR 500 odds for the 63rd running of the Daytona 500, with the green flag set to drop at 2:30 p.m. ET Sunday.
Who is the Favorite to Win the Daytona 500?
Denny Hamlin is looking for his third consecutive – and fourth overall – Daytona 500 victory, so it's no surprise he's the betting favorite at +850 at William Hill US. Hamlin finished fourth in the Cup Series standings last season with 5,033 points, logging seven victories and advancing through the playoffs as one of the four remaining drivers in the Season Finale 500.
Last year's NASCAR Cup Championship winner, Chase Elliott, is second at +1,000. William Hill US's co-third choices at +1,200 are: Joey Logano, who finished third in the standings last season; Ryan Blaney, who lost in overtime by 0.014 seconds to Hamlin at last year's Daytona 500; and Brad Keselowski, who was second in the Cup standings last year.
Daytona 500 Odds
|Driver||Odds to Win (Feb. 14)|
|Martin Truex Jr.||+1,800|
Odds courtesy of PointsBet USA
Daytona 500 sharp money and line movement reportBy Patrick Everson
UPDATE 2:15 P.M. ET SUNDAY: Shortly before go time at Daytona, +700 favorite Denny Hamlin is taking the most tickets and most money at BetMGM Nevada, though he wouldn't necessarily be a bad outcome. The book is rooting against Kyle Larson (+1,600), Kevin Harvick (+1,200) and Ryan Newman (+4,000), who survived a harrowing crash late in last year's Daytona 500. Good outcomes for BetMGM Nevada include Ryan Blaney (+1,100), Joey Logano (+900) and Kurt Busch (+2,000). And interestingly, Kyle Busch (+1,400) is getting a ton of tickets, but not a lot of corresponding money.
Previous Daytona 500 analysis
UPDATE 12:30 P.M. ET SUNDAY: Two hours before the green flag drops, PointsBet USA's Patrick Eichner described action as "chalky," with almost all the money spread among a few drivers at the top of the odds board. Denny Hamlin, a solid +725 favorite, is taking 21 percent of money to win today's race, with +1,000 second choice Chase Elliott right behind him at 20 percent of cash. Joey Logano (+1,100) is next at 13 percent of money, followed by Kyle Busch (+1,300) at 10 percent, and Kevin Harvick (+1,400) and Ryan Blaney (+1,100) at 9 percent apiece.
UPDATE 6:30 P.M. ET SATURDAY: Denny Hamlin is atop the odds board at FanDuel as a +800 favorite, and along with that, he's leading the ticket count and money to win Sunday's Daytona 500. Chase Elliott, the +1,000 co-second choice, is second in tickets and money, as well, followed by Kyle Busch (+1,200) on both counts. Kevin Harvick (+1,400) and Joey Logano (+1,000) are fourth and fifth, respectively in tickets, while Ryan Blaney (+1,000) and Harvick are fourth and fifth, respectively, in money.
UPDATE 2:30 P.M. ET FRIDAY: As with pretty much every book, two-time defending Daytona 500 champ Denny Hamlin is the favorite at William Hill US, sitting at +850 Friday afternoon, a modest slip from the +800 opener. Chase Elliott is the +1,000 second choice, followed by a pack of drivers at +1,200: Joey Logano, Ryan Blaney, Kyle Larson and William Byron. Hamlin, Elliott and Kyle Busch (+1,400) lead the ticket count, at 7 percent apiece, and Hamlin is also in a three-way tie in dollars wagered at 8 percent, along with Martin Truex Jr. (+1,300) and Aric Almirola (+1,300).
UPDATE 12:45 P.M THURSDAY: Denny Hamlin is the +800 favorite at DraftKings, and the betting splits tell that tale. Hamlin is attracting 15 percent of all bets and 18 percent of all money. The only other driver with a double-digit percentage in either bets or money is Chase Elliott (+1,000), at 14 percent of each. "Hamlin, Elliott, Bubba Wallace and Kyle Busch, in that order, are current liabilities for the house," DK director of sportsbook operations Johnny Avello said. "Martin Truex, Brad Keselowski and Joey Logano would be a good result for us."
Busch (+1,400) is landing 7 percent of tickets and money, and Wallace (+2,000) is getting 5 percent of bets and 4 percent of money. Logano (+1,200) is sixth in tickets and money, taking 6 percent in each, while Truex (+1,800) and Keselowski (+1,200) are both netting 4 percent of tickets and money.
Where Does the Daytona 500 Take Place?
The Daytona 500 takes place at the iconic Daytona International Speedway, a 2.5-mile tri-oval asphalt surface track. Opened in 1959, Daytona still plays host to a handful of NASCAR Cup Series events.
Past Winners of the Daytona 500
|2020||Denny Hamlin||Ryan Blaney|
|2019||Denny Hamlin||Kyle Bush|
|2018||Austin Dillon||Bubba Wallace|
|2017||Kurt Busch||Ryan Blaney|
|2016||Denny Hamlin||Martin Truex Jr.|
|2015||Joey Logano||Kevin Harvick|
|2014||Dale Earnhardt Jr.||Denny Hamlin|
|2013||Jimmie Johnson||Dale Earnhardt Jr.|
|2012||Matt Kenseth||Dale Earnhardt Jr.|
|2011||Trevor Bayne||Carl Edwards|
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.
Where Can I Bet on Daytona 500 odds?
With the growing popularity of NASCAR betting, most online sportsbooks and casinos offer odds for the races on the NASCAR Cup Series circuit. Check out your betting options at the best sportsbooks available where you live.