NASCAR Racing Complete Betting Guide

by Spooky Express | March 23, 2021 |

NASCAR heads to Sparta, Kentucky this weekend for the Quaker State 400 presented by Walmart! The race will last 267 laps or 400.5 miles over a 1.5 mile track. This race can be seen on TV on FS1. Let's take a look at some more details from this week's race.

When is the Quaker State 400 presented by Walmart NASCAR Race?

The Quaker State 400 presented by Walmart will take place this Sunday, July 12, 2020. The race is expected to start at 2:30 PM and can be seen on FS1.

Where is Quaker State 400 presented by Walmart!being held?

The Quaker State 400 presented by Walmart with take place at the Kentucky Speedway in Sparta, Kentucky. The 1.5-mile track located in Sparta, Kentucky is one of the newer tracks on the tour, only hosting races since 2011. Kentucky Speedway is a tri-oval racetrack, with 17 degrees of banking in turns 1 and 2, 14 degrees of banking in turns 3 and 4, and 8-10 degrees of progressive banking on the tri-oval. Kentucky Speedway initially opened for racing in 2000, with the Cup Series holding its first race in 2011.

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NASCAR Racing Betting Guide

Not too many sports compare to the high speed thrills that NASCAR has. Considered as the premier stock car racing series in the world, NASCAR has been able to continually raise the bar for fans and still keep them coming back for more.

On top of the excitement of NASCAR and for those that want more action, sports betting can provide that additional adrenaline rush. This is a great way to watch your favorite driver, races, and to possibly earn some extra cash at the comfort of your home or in live events. 

Top Tips For Betting On NASCAR 

If you are new to nascar betting and are looking to get your feet wet, you have come to the right place. Unless

you have a mentor or someone available to teach you in person, you are going to have to do some research of your own. 

However, do not let this discourage you. Building up a NASCAR betting strategy will vary from one person to the next. With the tools outlined in the article you can derive a strategy that best fits your needs. The following is the top tips for NASCAR betting:

  • Find a sportsbook 
  • Sticking to a strategy 
  • Popular betting types
  • Reading odds

Find A Sportsbook 

In NASCAR there are roughly 43 drivers who have a chance at winning the race. For sports betting, you are going to have a variety of options to use to bet on sports such as NASCAR. 

When choosing a sportsbook you need to find one or two that are going to best represent your betting needs. Most of them will offer incentives such as a welcome bonus or deposit bonus to get new players to sign up. 

The reason for finding at least two, is because you want to make sure you have the best odds available and the best payouts. Having two high quality sportsbooks in your arsenal will benefit you in your betting opportunities. 

Sticking To A Strategy 

When developing a NASCAR betting strategy, or any sport you gamble on for that matter, you need to have a concrete plan to get it done. It is also important that you keep an open mind to tweaking your strategy to adjust to different circumstances. Having short term success could leave you with a recency bias, making you feel overconfident that you “know” everything and this leads to bettors being lazy or cut back on research. 

The goal here is to keep yourself disciplined and to stay in the lines. For NASCAR betting, let's say you always do your research before a race such as the NASCAR Cup Series Race At Charlotte. But this time, you feel confident in looking up one or two drivers and then being done with your research. 

This is setting you up for lazy, long term disappointment. Things constantly change, but not doing any of the proper investigation of an event and drivers is foolish. By cutting out the little things that will make you a successful NASCAR bettor, you are limiting your chances at winning. 

Popular Betting Types

The beautiful thing about NASCAR is that you have a multiple amount of betting opportunities other than just who wins the outright event. As such, it can spice things up and give you something else to look for when placing a bet. These are the most common types of bets:

Win Outright

  • This is the most popular betting type in NASCAR. It is simply a bet on who will win any given race. You are literally picking a driver that you think is going to win. 
  • One of the benefits to doing your research to place this type bet is that you will usually get paid much better than other betting types. This means that it may be more difficult at times to be correct but when you are, you are going to have better payouts. 
  • The payout odds are usually pretty good for each driver, so if you are torn between a few drivers, you can have the opportunity to bet on multiple drivers to win. Then if one of them does win, you can earn your money back. 

Pole Position

  • The pole position bet is another fun one that anyone can learn to do. It is simply your best guess of who the fastest driver might be when the track is empty.
  • More specifically, this bet will allow you to wager on which driver you think is going to have the fastest qualifying time. Pick correctly, and you win.
  • This bet is great, because it can give you a taste of NASCAR betting for a new bettor. But it is also a great opportunity to practice your strategy to make money if you are up to date on how well certain drivers and teams qualify.

Fastest Lap Time

  • The fastest lap time bet is one that will reward you if you can pick the driver that is going to have the single fastest lap from the race. This bet is completely by itself and dependent on the outcome of the race.
  • If for some reason the driver you bet on has the fastest lap, but does not finish the race due to a crash, you still win your bet. As long as no one beats him, you are good.
  • This bet only has to do with the single fastest lap during that race and is not for qualifying. So, this is another simple one to bet on and could benefit you to bet on multiple drivers. 

Podium Finish

  • A podium finish bet is one where the driver you choose only needs to finish in the top three in the race for you to win your bet. It does not matter which of the three positions they place, as long as they place in one of them. However, there is not any additional money if they win the race versus getting a third or second place.
  • This is still a decent bet to make. The payout is not as lucrative as others and you can usually bet on multiple drivers to still turn a profit, though you will not be able to bet as many as you would with an outright win bet.

Driver Matchups

  • Driver matchups bets are ones where the sportsbook will pick two drivers and you have to decide which one of the two will finish better than the other. It does not matter how they finish in relation to the overall race, but it only matters where they finish in relation to the other driver listed in the matchup.
  • This is a great bet that will allow you to use your knowledge about drivers in the field that might not be in solid contention to win the race. If you know the field, you decide if this bet works for you and who you think would win a head to head match. 

Prop Bets

  • These bets are ones where certain events might happen within a race. They usually do not have any statistical value to the race, but more of a “hypothetical” or just for fun type of bet. 
  • For example, will a Ford win the race? Will Jimmie Johnson lead with the most laps? Will there be five cautions in today’s race?
  • These bets can help in entertainment in betting. If you feel like you are getting burned out, these bets make for exciting bets. 


  • Think you know who will win next month’s championship? Futures bets are one that are bets on, well, the future. 
  • Futures bets are most commonly placed at the beginning of the season or at the beginning of the playoffs. You can still make these bets at any time during the season, but at the beginning seems to be the most popular time. 

Reading The Odds

For NASCAR, moneyline odds are displayed as a three digit number with a plus or minus sign at the beginning. For example:

Jeff Gordon to win (+800)

In this example a $100 bet on Jeff Gordon will pay out $900 total ($800 in profit plus your original $100 bet). 

Since NASCAR has this bet of picking a straight up winner, it requires choosing from a very large amount of competitors. So every driver will have a positive moneyline odds of winning the race.

For example, let us look at some of the top drivers:

Chase Elliott +500

Joey Logano +800

Alex Bowman +800

Kevin Harvick +800

Brad Keselowski +1000

Jimmie Johnson +1200

Kyle Busch +1500

Ryan Blaney +1600


For over/under odds, these will have a negative or positive number attached to it. For example:

Chase Elliot – Finishing Position – 8.5

Over 8.5 (+105)

Under 8.5 (-130)

If you think Elliot will finish the race at 8th or better, you would bet the under. For this example, a wager of $130 would earn you a $100 profit.

If you believe Elliot will finish worse than 8th position and he does, your $100 wager on over would win you $105 profit.

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