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NASCAR odds: Betting lines for each race and championship futures

Click here to check out the NASCAR odds for each race over the course of the season. Plus, the odds to win the NASCAR championship in 2023.

Syndication: Daytona Beach News-Journal
Nigel Cook/News-Journal / USA TODAY NETWORK

The 2023 NASCAR season will begin soon and we are bound to see new faces at the top. Further below, you will find the NASCAR odds for each race over the course of the year. If you’re looking to get an idea of every driver’s odds of winning the next NASCAR race, you’ve come to the right place!

We will also provide odds for the NASCAR Cup Series championship below the section for individual race odds. Plus, there will be recommendations to receive the best value on your championship futures bets.

If you are confused, a $100 bet on the driver with the best NASCAR odds for the championship, Chase Elliott, at +550 odds, would pay a $550 profit if they manage to win the 2023 Cup Series championship. Let’s take a look at the latest NASCAR odds from DraftKings.

2023 Daytona 500 odds

DriverDaytona 500 odds
Ryan Blaney+1200
Kyle Larson+1200
Denny Hamlin+1200
Chase Elliott+1200
William Byron+1400
Joey Logano+1400
Ross Chastain+1600
Kyle Busch+1800
Bubba Wallace+1800
Austin Cindric+1800
Tyler Reddick+2000
Brad Keselowski+2000
Ryan Preece+2500
Christopher Bell+2500
Austin Dillon+2500
Alex Bowman+2500
Ricky Stenhouse Jr.+3000
Michael McDowell+3000
Kevin Harvick+3000
Martin Truex Jr.+3000
Daniel Suarez+3000
Chris Buescher+3000
Chase Briscoe+3000
Ty Gibbs+4000
Erik Jones+4000
Justin Haley+4000
Aric Almirola+4000
A.J. Allmendinger+4000
Noah Gragson+5000
Jimmie Johnson+5000
Harrison Burton+7000
Austin Hill+7000
Zane Smith+8000
David Ragan+8000
Todd Gilliland+10000
Corey LaJoie+10000
Ty Dillon+15000
Helio Castroneves+15000
Cody Ware+50000
B.J. McLeod+50000

Playing a favorite: Denny Hamlin (+1200)

NASCAR: Cup Championship
Nov 6, 2022; Avondale, Arizona, USA; NASCAR Cup Series driver Denny Hamlin (11) races during the Cup championship at Phoenix Raceway. Mandatory Credit: John David Mercer-USA TODAY Sports

Denny Hamlin has won the Daytona 500 on three different occasions in the 2016, 2019, and 2020 seasons. This automatically makes him one of the favorites for the prestigious event every single time that NASCAR comes to Daytona International Speedway.

Hamlin is one of the sport’s best superspeedway drivers and another Daytona 500 victory could be on the way soon. Despite his struggle of finishing in the last four races at Daytona, it is hard to bet against someone who will be on top of the NASCAR odds every time we enter a superspeedway.

Related: NASCAR results during the 2023 season

Betting on a deep sleeper: Erik Jones (+4000)

NASCAR: Cup Qualifying
Nov 5, 2022; Avondale, Arizona, USA; NASCAR Cup Series driver Erik Jones (43) during qualifying at Phoenix Raceway. Mandatory Credit: Gary A. Vasquez-USA TODAY Sports

Erik Jones does not have a top-10 finish in the last four races at Daytona International Speedway but that does not show how good he has been on superspeedway tracks. Jones always finds himself at the front at some point during the events.

The driver of the No. 43 car has also won at Daytona before when he drove for Joe Gibbs Racing during the 2018 season. With Jones sitting at +4000 odds, he represents a good sleeper pick for the Great American Race.

NASCAR odds – Pick to avoid: Kyle Larson (+1200)

Kyle Larson
Nov 6, 2022; Avondale, Arizona, USA; NASCAR Cup Series driver Kyle Larson during the Cup Championship race at Phoenix Raceway. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports

Kyle Larson has almost won a few superspeedway races; however, he has previously struggled at finishing the events. Larson has only been racing at the finish in one of the last four races at Daytona International Speedway and history says it’s likely to happen again.

The driver of the No. 5 car almost won the 2017 Daytona 500 when he was competing with Chip Ganassi Racing but he ran out of fuel on the final lap of the event. While Larson has been up there at the end, it might not be enough to suggest he is tied for the best NASCAR odds at Daytona.

Odds to win the 2023 NASCAR Cup Series championship

DriverNASCAR Cup Series championship odds
Chase Elliott+550
Kyle Larson+600
Denny Hamlin+800
Ryan Blaney+1000
Christopher Bell+1200
William Byron+1200
Ross Chastain+1200
Martin Truex Jr.+1200
Joey Logano+1200
Kyle Busch+1200
Tyler Reddick+1500
Kevin Harvick+1800
Alex Bowman+3000
Chase Briscoe+4000
Bubba Wallace+4000
Ryan Preece+5000
Daniel Suarez+5000
Austin Cindric+5000
Brad Keselowski+6000
Noah Gragson+10000
Chris Buescher+10000
Ty Gibbs+10000
Erik Jones+10000
A.J. Allmendinger+10000
Justin Haley+25000
Aric Almirola+25000
Austin Dillon+25000
Harrison Burton+50000
Ricky Stenhouse Jr.+50000
Michael McDowell+50000
Todd Gilliland+100000
Cody Ware+100000
Corey LaJoie+100000
Ty Dillon+100000
Championship futures via. DraftKings

Playing a favorite: Kyle Larson (+600)

NASCAR odds - Kyle Larson
Nov 6, 2022; Avondale, Arizona, USA; NASCAR Cup Series driver Kyle Larson during the Cup Championship race at Phoenix Raceway. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports

Larson has the second highest odds to become the 2023 NASCAR Cup Series champion and it makes him a great play ahead of the new season. Larson turned it on at the end of the year while the favorite, Chase Elliott, struggled to do much in the playoffs.

The driver of the No. 5 car won three races during the 2022 season and made the owner’s championship before falling short of the title. It may not have been what Larson wanted last season but the future looks bright for him.

Related: Chase Elliott is officially the championship favorite heading into 2023

Betting on a darkhorse contender: Tyler Reddick (+1500)

NASCAR: Cup Championship
Nov 6, 2022; Avondale, Arizona, USA; NASCAR Cup Series driver Tyler Reddick during the Cup Championship race at Phoenix Raceway. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports

Tyler Reddick spent the last three seasons with Richard Childress Racing before moving over to the No. 45 car for 23XI Racing this year. Reddick replaces Kurt Busch who stepped away from full-time racing after a concussion suffered at Pocono Raceway.

The driver of the No. 45 car has 11th-best NASCAR odds heading into the 2023 season but the oddsmakers might be underestimating him. Reddick won three races last year and with better equipment, it could be an even bigger breakout season.

Related: 5 worst wrecks in modern NASCAR history

Going all-in on a deep sleeper: Bubba Wallace (+4000)

NASCAR odds - Bubba Wallace
Nov 4, 2022; Avondale, Arizona, USA; NASCAR Cup Series driver Bubba Wallace during qualifying for the NASCAR championship race at Phoenix Raceway. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports

Bubba Wallace had the best season of his NASCAR Cup Series career last year and it is expected to only get better as we cross into 2023. As mentioned above, 23XI Racing equipment provides him an opportunity to truly emerge as a contender.

It is baffling to see Wallace have the 15th-best NASCAR odds despite a very stellar playoff performance that saw him claim a win at Kansas Speedway. For now, the driver of the No. 23 car remains a high-quality option to be this year’s Ross Chastain.

Related: 10 best NASCAR drivers of all-time

NASCAR odds – Pick to avoid: Martin Truex Jr. (+1200)

NASCAR: Cup Championship
Nov 6, 2022; Avondale, Arizona, USA; NASCAR Cup Series driver Martin Truex Jr during the Cup Championship race at Phoenix Raceway. Mandatory Credit: Mark J. Rebilas-USA TODAY Sports

Martin Truex Jr. missed the playoffs last season for the first time in his tenure with Joe Gibbs Racing and while he came close to some victories, it was clearly a down season for him. Truex had lows in almost every category dating back to 2014.

The driver of the No. 19 car considered retirement at the end of the 2022 season but decided against it. Truex is tied for the fifth-best NASCAR odds and that seems awfully high. Unless Truex turns it around to start the season, it is smart to stay away from him.