NASCAR Betting Sites in Canada
Best NASCAR Betting Sites in 2024
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How To Sign Up At A NASCAR Betting Site
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Step 1
Choose a Betting Platform
With hundreds of betting sites out there, choosing isn’t easy. Yet, with the help of our platform, especially the page dedicated to sportsbook reviews, we are sure you will find the right option. Here, you’ll find reviews of popular online bookies. They offer a variety of NASCAR betting markets as well as great bonuses and other features. Choose the site that suits your wagering style.
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Step 2
Register
Becoming a registered user at a NASCAR betting site is a straightforward process. All it takes to complete it is to share your full name, birthday, email, home address, and phone number. There’s no need to top up your account at this stage. Once you finish this process, you’ll get full access to the site’s functionalities.
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Step 3
Place a Deposit
To be able to bet and get a chance to win, you must deposit funds into your account. Depending on your bookie, you can expect various banking methods, including debit/credit cards, e-wallets, and crypto. Set a realistic budget and stick to it.
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Step 4
Make your First Bet
Once you see your money in your balance, it’s time to make a bet. Look for the best market to bet on NASCAR, select it, and wager money according to your budget and strategy. That’s it!
NASCAR Betting Bonuses
Various NASCAR betting bonuses await players in Canada. Still, most of the best canadian sports betting sites offer these three types of bonuses:
NASCAR Betting Odds
There’s not much difference between NASCAR betting odds and odds in other sports. With their help, you see the potential prize you can get for a winning bet. Basically, they indicate the probability of a specific result occurring.
Even though you can find these odds in decimal and fractional formats, players in Canada are usually given moneyline odds.
The latter are easily recognizable because they feature a + or a – sign in front of a particular number.
Let’s check a list as an example.
2023 NASCAR CUP SERIES CHAMPIONSHIP BETTING ODDS
- Kyle Larson +162
- William Byron +260
- Ryan Blaney +275
- Christopher Bell +400
So, as the list shows us, wagering $100 on Kyle Larson will provide $162 in addition to getting your $100 wager back.
On the other hand, betting $100 on Christopher Bell will deliver a profit of $400 plus your initial bet of $100.
Of course, betting on Bell is riskier because Kyle Larson is the clear favourite.
How to Read Odds
If you want to bet on NASCAR, you can do this in more than one way. Still, three options are used by most bettors. First is the futures wager, which lets you pick the driver to win the next NASCAR Cup. The other two are head-to-head and outright bets, basically weekly bets.
So, compared to other North American sports in which bettors usually cover spreads, wager on the moneyline, or pick Over/Under a predetermined total, NASCAR betting focuses on choosing the winning driver.
You can easily recognise the favourite in NASCAR races because they have a plus sign in front of their betting odds. By contrast, the favourites in other sports usually come with a minus sign. So, for instance, if the favourite has odds of -150, you must bet that number to get $100 in return. In other words, bet $150 to receive $250 in return (a profit of $100).
Betting on a favourite with a plus sign in front of the odds, like +150, will provide a profit of the same value when you bet $100. So, betting $100 will get you a $250 payout, which represents a profit of $150.
NASCAR offers better odds than other sports because these races’ outcomes are uncertain, same as F1 betting odds. Car failures, accidents, or pit road mistakes can impact the final result. That said, while the odds are better, the risk is theoretically higher. One risky or unfortunate move on the track can cost you your slip.
NASCAR Popular Bets
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Moneyline bets
With the help of moneyline bets, you can wager money on the NASCAR driver who you believe will win a specific race. You’ll see + or – signs in front of the odds, with + suggesting the potential profit on a $100 wager and – suggesting the amount you need to wager to get $100.
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Over/Under
Regarding NASCAR betting involving Over/Under bets, you predict whether a specific stat will go above or below a predetermined value. For instance, you might wager money on whether the number of laps led in a race by a specific driver will be over or under 50. You may also try to predict whether a drive placement ends over or under a particular ranking.
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Group Betting
With group betting, you choose a driver among a predetermined group of drivers who end up in the best place at the end. They can include the favourites to win the race, but sometimes, these groups are focused on the underdogs.
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Parlays
Parlays include multiplier individual bets into one bet. For instance, NASCAR bettors can create a parlay by wagering money on the winners of two or more races over a weekend. Such a strategy helps you boost the potential payout but also makes parlays riskier because all bets must win.
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Futures Betting
Betting on the outcome of an entire NASCAR season or championship is known as futures betting. So, you can wager on which driver will win the NASCAR Cup Series championship before the season starts. You’ll see whether you’ve won at the end of that season.
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Betting Head-To-Head
Head-to-head bets let you choose one driver you believe will finish ahead of another in a race. It doesn’t matter whether the selected driver wins the race or not, just how they perform against the competitor in question.
Biggest NASCAR Events for Betting
NASCAR provides many interesting events you can bet on almost any time of the year. That’s how fans of the motorsport stay engaged throughout the year rather than wait for betting opportunities for months.
If you’re new to the concept or unsure of all the betting opportunities, we’ve got you covered. Below, we’re listing the top NASCAR betting events you need on your calendar!
Our NASCAR Betting Tips
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Step 1
Root for the Favourites:
Favouring the big teams and star drivers is always a good idea. There’s a reason why they are in the spotlight. Hendricks Motorsports, Joe Gibbs Racing, RFK Racing, and Richard Childress Racing are good examples.
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Step 2
Midweek Insights:
You can tell much about the teams and drivers during practice and before qualifying. So, dive into midweek reports and analysis and place bets before the NASCAR odds drop.
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Step 3
Recent History Reveal:
Take some time to check the pages of recent history. Checking how drivers performed in the last few races can help you understand their current form and chances of winning.
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Step 4
Track the Racing Trends:
You can’t expect success in NASCAR betting without following the latest trends, such as driver’s performance on specific tracks or current form.
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Step 5
Dive Into Data:
Statistics and analysis are helpful, but you must dive deep into the data pool to become a better bettor. Learn about tire wear, lap times, and other things if you’re looking for success.
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Step 6
Multi-Driver Mastery:
One of the best betting strategies is to bet multiple drivers on each race. Kyle Larson looks tempting at the NASCAR Cup Series Championship with odds at +220. However, Christopher Bell at +550 looks promising, too, so why not bet on both?
NASCAR Mobile Betting
We live in the smartphone era. So, it makes sense that bettors can place wagers, get real-time, dynamic odds, and follow NASCAR races on the move. Even if the sportsbook you’ve chosen doesn’t have a native app, you should be able to access it through your mobile web browser.
Legality and Safety of Betting on NASCAR in Canada
Generally speaking, betting on NASCAR in Canada is legal. The federal government lets the provinces regulate this activity. Some Canadian provinces like Ontario, British Columbia, and Alberta have official and locally licensed operators.
However, players can access internationally licensed operators and enjoy sports betting (including NASCAR) without any legal problems. Until the legal scene changes, international bookies are your best choice.
To stay safe while betting on NASCAR in Canada, we suggest using vetted online sportsbooks like the ones on this page.
FAQ
How can I place a bet on NASCAR?
First, join a reputable online betting site offering this sport. Afterward, place a deposit, pick a NASCAR betting market, and select a wagering amount. Follow our tips for making the best bets and choosing the best NASCAR betting sites.
How to choose the best NASCAR betting site?
The simplest way to choose the best NASCAR betting site is to read our detailed reviews. Our dedicated experts analyse every aspect of their work, letting players choose the website that suits their needs.
What are the most popular NASCAR betting odds?
The most popular NASCAR betting odds are related to Race Winner bets. With these bets, you wager on the driver you believe will win a specific race. The Top-3 Finish bet, predicting if a driver will finish in the top three positions, is another popular choice.
Is betting on NASCAR legal in Canada?
Yes, to bettors from certain Canadian provinces that don’t have local licensing. You can wager money on NASCAR at vetted online sportsbooks like the ones listed on our website.
What types of NASCAR betting are available?
There are four major national racing series that you can bet on. These events include the NASCAR Cup Series, NASCAR Xfinity Series, NASCAR Gander RV & Outdoors Truck Series, and ARCA Menards Series. The rest of the series is divided up by region.
What are the most popular NASCAR betting events?
Several popular NASCAR betting events are available to bettors in all the sportsbooks we highlight on our platform. Popular choices include the Coca-Cola 600, Bristol Night Race, and Daytona 500.
Is NASCAR betting available on mobile?
Most online bookmakers allow users to place bets on NASCAR events using their mobile devices. Most of them have mobile-friendly websites that support betting through browsers. Some of them offer native iOS and Android apps for tablets and smartphones.