Arizona sports betting is now live, giving bettors the chance to bet on NASCAR. Arizona bettors can use their favorite mobile sportsbook apps or place bets in person at retail sportsbooks located at tribal casinos and sporting venues. Here’s everything else bettors need to know about betting on NASCAR.
Four Best Sportsbooks For NASCAR Betting
|Arizona Sportsbook||Bonus Offer||Where To Claim|
|DraftKings Arizona||$50 bonus bet and $1,000 deposit match bonus||Visit DraftKings|
|Caesars Arizona||Bonus bet up to $1,000||Visit Caesars|
|BetMGM Arizona||$1,500 bonus bet||Visit BetMGM - Use code SHARP|
|FanDuel Arizona||No sweat first bet up to $150||Visit FanDuel|
Where Can You Bet On NASCAR In Arizona?
There are 17 online sportsbooks available in Arizona, and NASCAR betting is available at all of them but the depth and variety vary at each. 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 brought the Barstool Sportsbook app to the state.
There are many sportsbooks for bettors to use, but there are four standouts. These sportsbooks tend to take up most of the market share in the states they operate in, and Arizona is no different. In fact, DraftKings, Caesars, BetMGM, and FanDuel saw 93% of total wagers placed in Arizona in March 2022.
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, using our exclusive link also unlocks a $50 bonus bet after bettors deposit at least $5.
Caesars is growing in popularity thanks to its industry-leading bonus bet worth up to $1,000 and ongoing promotions even after the initial sign-up bonus. Use our promo code SHARPBET1000 to claim.
BetMGM offers Arizona bettors a bonus first bet worth up to $1,500. BetMGM brings a fantastic betting experience and its renowned MGM rewards program. Use our promo code SHARP to claim your bonus bet.
Finally, FanDuel is the second largest sportsbook in Arizona in terms of market share. FanDuel offers a $150 no sweat first bet for new bettors. A sleek betting app and ongoing promotions keep Arizona bettors coming back time and time again.
More and more retail sportsbooks are popping up across the Grand Canyon state as Arizona quickly becomes a mature betting market. The most recent addition was the launch of Caesars at Chase Field which is now the nation’s largest in-stadium sportsbook.
FanDuel has a sportsbook inside the Footprint Center, home of the Phoenix Suns.
BetMGM will be opening a brand new sportsbook inside State Farm Stadium and is expected to be open in time for the 2022 NFL season. BetMGM also has retail sportsbooks inside the following Gila River Hotels and Casinos:
- Lone Butte in Chandler
- Wild Horse Pass in Chandler
- Vee Quiva in Laveen
Although there have been rumors of a Barstool Sportsbook at Phoenix Raceway, no official dates or plans have been announced.
Popular NASCAR Championship Bets
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.
Upcoming NASCAR Cup Series Schedule
- June 26 – Ally 400, Nashville Speedway
July 3 – Kwik Trip 250 presented by JOCKEY Made in America, Road America
- July 10 – Quaker State 400 Presented by Walmart, Atlanta Motor Speedway
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-bonus 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.