A new year means a fresh NASCAR season is just weeks away, with the headlining Daytona 500 odds also around the corner.
Last season saw Joey Logano claim his second season-long title, and while he's certainly in the mix to repeat at +1,200, he's not in the top tier of favorites.
We break down that top tier — including solo favorite Chase Elliot — and more in our full NASCAR Cup Series odds below.
NASCAR Cup Series odds
|Driver||Odds to win NASCAR Cup Series|
|Martin Truex Jr.||+1,200|
Odds courtesy of DraftKings as of January 18, 2023.
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NASCAR Cup Series favorites
Chase Elliott (+550)
Elliott won the Cup Series in 2020 and is back atop the title odds board to open the 2023 campaign. He piled up five wins and 12 Top-5 finishes but ultimately fell short of his second Cup Series win in 2022.
However, finishing inside the Top 4 in each of the last three seasons means another run at the title is likely in 2023.
Kyle Larson (+600)
After completely dominating in 2021, Larson entered 2022 as a clear favorite to repeat but actually took a significant step back. Three wins compared to 10 and 13 Top 5s compared to 20 in 2021 resulted in just a seventh-place finish in the season-long standings.
Either way, it's no surprise to see him near the top once again, albeit in a much tighter odds board.
Denny Hamlin (+800)
Hamlin's 2022 campaign featured two wins among 16 Top 10 finishes and a fifth-place result in the Cup Series standings — add that up and you get his worst season since 2018.
However, he's finished inside the Top 6 in six of the last seven seasons, making him an annual preseason favorite.
NASCAR Cup Series recent winners
|2022||Joey Logano (2)||4|
|2019||Kyle Busch (2)||5|
|2017||Martin Truex Jr.||8|
|2016||Jimmie Johnson (7)||5|
|2013||Jimmie Johnson (6)||6|
NASCAR Cup Series betting trends
- Repeat winners are quite common. Dating back to 1993, 16 of the past 30 winners have been previous Cup Series champions.
- Hendrick Motorsports has been the most prolific team recently, with a driver winning four times in the past decade, including both 2020 and 2021.
- Likewise, Chevrolet has been the best manufacturer, with its cars taking five of the last 10 Cup Series titles, including HMS' wins and Kevin Harvick's 2016 title for Stewart-Haas.
NASCAR Cup Series Odds FAQs
Chase Elliot is the solo betting favorite to win the 2023 NASCAR Cup Series, available at +550.
Joey Logano won his second NASCAR Cup Series title in 2022 with preseason odds of +1,200. He opened with similar +1,200 odds to repeat in 2023.
Kyle Larson won the Cup Series in 2021 and is available at +600 to win it all in 2023.