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NASCAR Betting Strategies

NASCAR Betting Strategies

NASCAR is an amazing fast-paced game that puts every fan at the edge of their seats; it does the same for bettors! Everyone loves placing wagers on the cars; however, not everyone wins consistently.

Before betting on NASCAR, it is essential to have a working strategy. Betting without an effective strategy would only put you in losses. However, you need not worry; this review will take you through the effective betting strategies that you need to get into winning ways, read and enjoy!


5 Best NASCAR Betting Systems that Work

5 Best NASCAR Betting Systems that Work

You may have a NASCAR betting strategy, yet you find yourself losing more money. Stay strapped; here are five of the best strategies you can employ:


Head to Head

Head to Head

Head-to-head betting in NASCAR means pitching two drivers against each other in a race. You choose to ignore other drivers and only bet on specific drivers against each other irrespective of the event’s outcome.

Example

In a racing game of 40 drivers, you pick two drivers, drivers A and B, and you bet that one will finish ahead of the other. If driver A is a veteran, he is the favorite; the favorite has a higher winning chance while the underdog has a low winning probability. If you bet on the favorite, in this case, irrespective of who wins the race, as long as a driver A finishes ahead of B, you win your bet.

Pros

  • You don’t need to pick the race winner
  • It is a better option in a race with many drivers

Cons

  • The odds may not be so high for extreme favorites

Outright WInner Bet

Outright WInner Bet

This is one of the most common NASCAR betting systems you can employ in NASCAR. If you want to keep things simple, there is no better option. You only need to pick who you predict to be the race winner.

Example

Irrespective of the number of drivers in a race, if you predict one to be the highest probable winner, place a race winner bet on such a driver. Irrespective of the occurrences in the race, so far, your speculated driver finishes as number one, you win your wager.

Pros

  • It is very simple to understand for newbies.
  • The odds are high, especially for races with many drivers

Cons

  • It is a quite difficult strategy for races with many drivers

Finish Props

Finish Props

FInish prop bets in NASCAR presents a low-risk option if you cannot vouch that a driver would finish as number one. This is the best strategy to employ if you are confident in a drivers’ skill, but you are unsure if such a driver can claim the number one spot. 

Example

In a race with 36 drivers, single out one driver as a skillful one capable of a top finish. At the same time, you are unsure whether such a driver would be number one, but you can guarantee a top-five position. Here you can place a prop bet that the driver would finish in the top five. It also applies to other numbers like top three or top ten.

Pros

  • It is a better option for races with many drivers
  • Prop bets present a higher winning probability

Cons

  • The odds are not as high as other betting options

In-Play Betting

In-Play Betting

Like every other sport, NASCAR has in-play bets, also known as live betting. In this case, you don’t place your wager before the race begins. Instead, you wait for it to start; once you see the progression, you can go ahead and place your bets.

Example

In a race with 82 laps, if you have a driver with a high winning probability, yet you still have doubts, in-play bets coil come in handy. You wait till the race begins, watch the first 20 laps; if you are satisfied with the driver’s performance, then you can go ahead to place an in-play bet.

Pros

  • Live wagers help you to make better decisions.
  • You have a higher winning probability because you make better choices

Cons

  • Watching the race could give room for emotional betting

Futures Bet

Futures Bet

A futures bet is a long-term option where you bet on the winner of championships from the start of the season. You can find analytics and research to give you predictions of the season’s winner.

Example

Before the NASCAR championships begin, if you research and deduce a driver with a high probability of winning the season, you can make futures bet. Irrespective of the journey, as long as the driver wins, your predicted outcome occurs.

Pros

  • Futures bet is highly rewarding
  • The odds are very favorable

Cons

  • It is not the best option for new punters

Read also: 5 profitable boxing betting strategies that actually work

3 NASCAR Betting Strategies that Don’t Work

3 NASCAR Betting Strategies that Don’t Work

In the gambling universe, you will come across several NASCAR betting strategies; here are the ones you should avoid:

Blind Betting

NASCAR is a sport that depends significantly on the driver’s skill. You won’t make money betting blindly on drivers you don’t know. Place your wagers only on drivers you know well/

Fibonacci Method

The Fibonacci strategy involves using some mathematical evaluation to bounce back from losses. Increasing your stake per loss doesn’t work; you would lose more in the long run. 

Martingale 

Martingale is a popular strategy that says you should double your stake with every loss. It is only a theoretical evaluation; if you use it, you will lose more money.


7 Tips to Win NASCAR bets

7 Tips to Win NASCAR bets
  • Bet on only drivers that you know
  • Don’t give room for emotions and favoritism
  • Use prop and live bets more 
  • Do proper research and analysis before each race
  • Take note of the drivers’ form
  • Know your driver’s team; it matters
  • Don’t bet on every race

Read also: 5 Best cybersport betting strategies

FAQs

What is the best NASCAR betting system?

There is no best NASCAR betting system. Pick what works for you and master it.

How to bet on N-ASCAR and always win?

You can’t always win because betting is probabilistic. However, you can increase your winning chance by having a good strategy.

What is the safest NASCAR betting strategy?

Finish prop is safer and low-risk because you are not betting on the driver’s exact finishing position.

Where to bet on NASCAR?

Bet on NASCAR in regulated online bookies. Use only licensed and legal bookies.

Final Thoughts

NASCAR remains one of the most popular car sports, and betting on it gives you an extra love for the sport. If you want to have a good time betting on NASCAR, having a strategy is inevitable. It is best to pick one and master it; then, you will see consistent results in your stakes.

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