NASCAR is one of the most fast-paced and captivating sports in the world and betting on it is what makes our watching experience even more fun, especially with the top 10 UK betting sites having fun promos nowadays. Moreover, if one knows a lot about NASCAR, they can combine that knowledge with this hobby. Here are some basic tips on how to bet on NASCAR online.
First of all, If you’re new to betting, there’s no need to start with large wagers. Begin with smaller bets to familiarize yourself with the process. Like any skill, understanding betting on NASCAR requires time, patience, and experience.
Second, avoid placing bets at random. Instead, dedicate time to researching the drivers, teams, and race conditions. Watching races regularly and reading analyses from reputable sports commentators can improve your understanding. Be cautious about paid analyses online, as these can sometimes be misleading. Focus on articles or insights from trusted sources in motorsport commentary.
For those considering placing bets, selecting a reliable and licensed bookmaker is essential. For beginners, popular and well-known bookmakers such as Ladbrokes, William Hill, and PaddyPower are the best choice. Check the odds on several websites before choosing where to place your bet, because some online bookies offer better odds than others. Also, some of them may offer special promotions and welcome bonuses that you can use when you first register.
Bookmakers offer plenty of options for betting on NASCAR. Below is the short overview of the main betting markets.
Outright Winner: This is the most straightforward as well as the most popular type of betting on NASCAR. Simply pick the driver that you think will win the race. For each race, you will have around 40 options with odds listed next to drivers’ names. If odds are written in decimal numbers, the lowest number represent the highest odds of winning, e.g. the lowest return on your original bet. You can calculate your return by multiplying the decimal number by the amount you want to wager.
Pole Position: You win this bet by correctly picking the driver who is going to have the fastest qualifying time.
Fastest Lap Time: In this type of bet, you need to pick out the driver who is going to have the fastest single lap time during a race.
Podium Finish: You can also bet on a driver to finish first, second or third. The reward is smaller, but the bet is safer.
Driver Matchups: Some of the most fun bets in all NASCAR, in the driver matchups you need to guess which of the two drivers selected by the bookmaker is going to have a better result. What makes this bet so fun is that it lets you use your knowledge of individual drivers and compare their styles to judge the outcome.
Prop Bets: in these, you bet on whether something will or will not happen during the race, e.g. “Will a Ferrari win the race?” Prop bets are offered primarily for the bigger races of the season. Some prop bets will require you to use your skill and knowledge, while the others are strictly for fun because they are completely impossible to predict with any reasonable level of probability.