Arizona sports betting is now live, giving bettors the chance to bet on NASCAR. Arizona bettors have mobile sportsbook apps to use and retail sportsbooks at tribal casinos and sporting venues are popping up. Here’s everything else bettors need to know about betting on NASCAR.
Three Best Sportsbooks For NASCAR Betting
|Sportsbook||Welcome Bonus||Available Championship Events*|
|DraftKings Arizona||$1,000 deposit bonus & $50 free bet with $5 deposit||NASCAR Cup Series Championship|
|BetMGM Arizona||$1,000 risk-free bet||NCR Xfinity Series Race at Daytona|
|FanDuel Arizona||$1,000 risk-free bet||NASCAR Xfinity Series Championship Race Phoenix|
*Championship events are available at all three sportsbooks and many of the other major brands.
Where Can You Bet On NASCAR In Arizona?
Major sportsbooks are now available in Arizona, so NASCAR betting is available at virtually every sportsbook. Sportsbook brands like Caesars, FanDuel, and BetRivers have plenty of NASCAR lines since it’s such a popular sport. Due to bettor interest, all the NASCAR championships are available somewhere in Arizona for betting. No major sportsbook will miss out on the chance to offer lines on the Daytona 500 or any of the NASCAR championship races. They’re too profitable at the height of the season.
NASCAR’s Phoenix Raceway and Barstool Sportsbook have partnered in hopes of opening a retail sportsbook at Phoenix Raceway sometime in the future. This partnership also means that the Barstool Sportsbook app launched in Arizona.
There are many sportsbooks for bettors to use, but there are three standouts. They tend to take up most of the market share in the states they operate in.
DraftKings is one of the most prominent sportsbook brands in the Arizona market. It offers a $1,000 deposit bonus with a 20% match rate and a 5x playthrough rate. However, our promo code also unlocks a $50 free bet after bettors deposit at least $5. It is a good sportsbook bonus for bettors who bet the same amount consistently.
FanDuel is the next largest sportsbook and may even capture a little more market share than DraftKings. FanDuel offers a $1,000 risk-free bet for new bettors. Anyone who can afford to make a large wager up front will be able to fully leverage FanDuel’s welcome bonus.
Finally, BetMGM is also a popular sportsbook brand in Arizona. It enters markets at a similar rate as FanDuel, but captures a smaller share of the market than DraftKings and FanDuel. BetMGM offers new bettors a $1,000 risk-free bet. It’s geared toward bettors who have enough cash on hand to make a large bet.
All of these sportsbook apps are now live.
Arizona doesn’t have any commercial sportsbooks. It’s one of the South’s anti-gambling states. However, sports betting made its way into Arizona, and that included a federal deal with Arizona’s Native American Tribes. The federal government approved Arizona’s updated gaming compact, which allows the tribes to offer sportsbooks at their casinos. Sportsbooks are also allowed in sporting venues. That’s how Arizona residents will get retail sportsbooks in their state.
Some sportsbooks have already secured partnerships that will grant them access to Arizona’s sports betting market. TwinSpires partnered with the Tonto Apache Tribe and will most likely launch its app soon. It also opened a retail sportsbook in the Mazatzal Hotel and Casino.
FanDuel inside the Footprint Center, home of the Phoenix Suns, has officially opened its retail sportsbooks, making it the first in the state.
BetMGM has retail sportsbooks inside the following Gila River Hotels and Casinos:
- Lone Butte in Chandler
- Wild Horse Pass in Chandler
- Vee Quiva in Laveen
NASCAR Arizona Sportsbooks
- Bally Bet
- Barstool Sportsbooks
- Fubo Sportsbooks
- Golden Nugget
- Kambi Group
- SuperBook Sports
Popular NASCAR Championship Bets
The most popular events in NASCAR are the championship races and for good reason. They’re the culminating events of the season, and bettors get to see where their favorite drivers ended up after a long season. Futures bets on racers’ finishing positions and the car’s manufacturer are available months in advance, so there will be plenty of chances to bet.
The most popular events are the NASCAR Championships. Whatever race series it is, it sees a lot of betting action. However, there are two races that stand out even from the championship races: the Daytona 500 and the GEICO 500 at Talladega Superspeedway. These are two staple races on the only two NASCAR tracks that require drivers to use restrictor plates. The restrictor plates change the way the cars handle, which can lead to spectacular crashes on the tracks. It also changes betting strategy, since the middle of the pack is most prone to crashes.
On current races, bettors will find bets on who will win and on who will break the top three, five, 10, or 20 depending on the number of racers. There are plenty of driver props, too.
What Kinds Of Bets Can Be Placed On NASCAR?
Bettors can only find a few types of bets on NASCAR races. However, there are many variations on those wagers that give bettors different options depending on their risk tolerances. The most common are race lines which give bettors the option to bet on a driver winning first place or breaking the top three or five. There are also race lines on the top ten and twenty, the team winner, and the manufacturer of the winning car.
However, bettors can also create parlay bets out of these single bets. Parlay bets are larger bets made of multiple bets. For example, a bettor could create a parlay bet on Chase Elliot winning the Go Bowling at the Glen race and Austin Cindric winning the Screwball Peanut Butter Whiskey 200. If both men win, then the parlay bet goes through. But if one loses, then the whole bet loses. Parlay bets offer better odds than either single bet alone, but they’re riskier.
What Is A NASCAR Futures Bet?
Futures bets are high-risk bets on who will win major races, like championships. They’re bets on who will ultimately become the year’s NASCAR champion. However, they’re not just called futures because they’re on the end of the series. Bettors get the most value out of choosing the correct futures bet months ahead of time. It’s easier to guess who the champion will be when the championship gets closer. So, futures odds get worse over time. If bettors want great odds, then they have to be able to call the champion early. Good luck, Arizona.
How To Place Prop Bets On NASCAR
On upcoming races, there are driver props that bettors can place. Driver props are non-standard bets that many bettors consider “fun” bets. They include matchups between two drivers. In NASCAR, that gives bettors the closest thing to a moneyline bet that a NASCAR bettor can get. Some races also separate drivers into groups. That allows bettors to pick a winner from a smaller pool of racers. These bets can give bettors a better chance at winning. For bettors who want a few good betting options, prop bets can fill the lacking sections of a bet slip.
How NASCAR Betting Odds Are Calculated
Betting odds are set by oddsmakers. These are professionals who not only understand NASCAR, but also understand the economics behind every betting line and how they affect a sportsbook’s entire portfolio of betting lines. Oddsmakers have an idea of the likelihood of any given bet. But they also know how much money the sportsbook needs to make on that line to be profitable. So, they move the odds a little bit so the sportsbook can profit from them. When every betting line is adjusted this way, sportsbooks can come out ahead predictably.
Settling bets once the racers win is easy, too. Once racers cross the finish line, the results are registered immediately. Sports leagues have real-time data that they sell to sportsbooks. So, sportsbooks can update odds in real-time and settle bets in a timely manner.
How To Bet On NASCAR In Arizona
Betting on NASCAR events is one of the easiest things to do at an Arizona sportsbook. Most if not all sportsbooks offer NASCAR odds because NASCAR is a mainstream sports league. Its rules are clear and easily understood, so sportsbooks can set fair odds on them.
If bettors want to bet on NASCAR, they can download a sportsbook from the App Store, Google Play Store, or a sportsbook website. For example, bettors can download DraftKings, then register for an account. Once they do, then bettors can make their first deposits. They’ll just have to select their desired deposit method then the amount they want to deposit.
Then bettors can go to the NASCAR section and select an event to bet on. Bettors just have to click the odds they want to bet on, the amount they want to wager, then submit those bets on the bet slip. The process will be the same on every sportsbook, so bettors will have no trouble finding their ways around no matter where they choose to bet.
In addition to NASCAR’s partnership in Arizona with Barstool Sportsbook, NASCAR has secured partnerships with other several major sportsbook brands. In August 2020, NASCAR and BetMGM secured a multi-year sports betting partnership. BetMGM got to further its live betting offerings and NASCAR got multi-channel advertising through BetMGM. In October 2020, NASCAR and Wynn Resorts forged a partnership, too. Like BetMGM, WynnBET got to improve its live racing offerings, and NASCAR got new marketing outlets. At these two sportsbooks, bettors should look for special NASCAR promotions. They could include bonuses that help bettors leverage their money in their bet slips.
NASCAR Betting FAQs
Yes. NASCAR is a popular mainstream sports league with clear rules that are universally understood. It lends itself to fair sports betting, so Arizona allows sportsbooks to offer betting lines. No matter where bettors decide to wager, there will be NASCAR lines available.
Yes. NASCAR is one of the easiest sports to offer betting lines on. The rules are clear. The first driver across the finish line wins. Sportsbooks also have access to NASCAR data that processes wins, losses, and placements in real time. That allows sportsbooks to offer fair wagers quickly.
Yes. NASCAR partnered with Barstool Sportsbook, making the sportsbook the exclusive sportsbook of Phoenix Raceway. A retail sportsbook should open at Phoenix Raceway in addition to the availability of the Barstool Sportsbook app in Arizona.
Arizona bettors can place their NASCAR bets on mobile sportsbooks from anywhere in Arizona. However, they’ll also be able to place sports bets at several of Arizona’s tribal casinos. Sportsbooks have begun partnering with some of Arizona’s tribes, giving the sportsbooks market access to Arizona.
Yes. Live betting is one of the most critical revenue streams for sportsbooks, and it’s available on most mainstream sports leagues. In theory, NASCAR should be one of the easiest sports to offer live betting on.
Any serious sportsbook will have lines on the NASCAR Cup Championship race. The culminating race of the season is a major event and a massive moneymaker for sportsbooks. Whether bettors place their wagers online on a sportsbook app or in person at a tribal sportsbook, the NASCAR Championship will have lines set months in advance.