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With the NFL taking a break for a few months, all attention is now on NASCAR as they gear up for the highly anticipated 64th running of the Daytona 500 this Sunday.
Among the contenders vying for the checkered flag, two Michigan drivers are in the mix. Additionally, six different drivers are seeking to claim another Daytona 500 victory, further cementing their racing legacies.
If you are a Michigan sports bettor seeking additional information about Sunday’s race, your search ends here.
How to watch the 2024 Daytona 500
- What is it: The 2024 Daytona 500.
- The scheduled time is Sunday, February 20th at 2:30 p.m. Eastern Time.
- The location is Daytona International Speedway situated in Daytona Beach, FL.
- The distance covered is 500 miles, which is equivalent to completing 200 laps.
- The television network is FOX.
- The FOX Sports App allows for live streaming.
- Channel 90 on Sirius XM: Discover Satellite Radio
Hamlin once again Daytona 500 favorite
| 2024 Daytona 500 Odds | BetMGM | DraftKings | FanDuel | PointsBet | Caesars | BetRivers |
|---|---|---|---|---|---|---|
| Denny Hamlin | +800 | +850 | +900 | +900 | +900 | +900 |
| Chase Elliott | +1000 | +1000 | +1200 | +1100 | +1000 | +1100 |
| Kyle Larson | +1000 | +1100 | +1300 | +1200 | +1000 | +1300 |
| Joey Logano | +1200 | +1200 | +1300 | +1300 | +1100 | +1200 |
| Ryan Blaney | +1200 | +1200 | +1200 | +1300 | +1200 | +1200 |
Denny Hamlin enters the 2024 Daytona 500 as the frontrunner, just like in the previous year’s race. Bookmakers have him listed at odds ranging from +800 to +900 for winning the event.
Last year, the previously triumphant racer, who had won the Daytona 500 three times, placed fifth in his pursuit of a third consecutive victory. Hamlin has the opportunity to become only the third driver in NASCAR’s history to claim four Daytona 500 wins, following in the footsteps of Cole Yarborough, who achieved this feat four times, and Richard Petty, who holds the record with seven victories.
Chase Elliott, Kyle Larson, Joey Logano, and Ryan Blaney are among the top contenders in the race, with their odds varying based on the sportsbook.
In addition to Hamlin and Logano, the field comprises of other previous champions such as Austin Dillon (with odds of +2500 on BetMGM, Caesars, and BetRivers), Kevin Harvick (offering odds of +2000 on Caesars, PointsBet, and BetRivers), Michael McDowell (with odds of +7000 on FanDuel and PointsBet), and Kurt Busch (offering odds of +1900 on FanDuel).
Keselowski, Jones carrying Michigan banner
On Sunday, Michigan is expected to provide additional support to a duo of drivers hailing from their own state.
Both Brad Keselowski from Rochester Hills and Erik Jones from Byron are eagerly competing for their first-ever triumph in the Daytona 500.
According to oddsmakers, Keselowski is considered to have a higher chance of winning. Most sportsbooks have him listed at +1600, while BetRivers has him at the longest odds of +1800.
Keselowski will be making his 13th bid for victory in the Daytona 500. Unfortunately, he has faced difficulties in this particular event, as he has failed to secure a position in the top 10 for the past seven years.
In 2024, Keselowski is embarking on a significant change by departing Team Penske Racing and becoming a minority owner at Roush Fenway Racing. This year, he will bid farewell to the No. 2 car and assume control of the No. 6 car. RFR boasts a remarkable record, having clinched victory at the Daytona 500 on two occasions throughout its history.
Jones is considered a significant underdog, with odds varying from +5000 to +6000 (according to Caesars and PointsBet), for a victory. This Sunday will mark his sixth participation in the Daytona 500. Throughout his career, Jones has failed to secure a top 10 finish in five out of six attempts. His most notable performance occurred in 2019, where he managed to secure a third place finish.
Although Jones has only secured two victories in his NASCAR Cup Series career, one of his notable wins was at Daytona during the 2018 Coke Zero 400.
How to bet on NASCAR
There are numerous betting options available for auto racing, extending beyond selecting the race winner alone. Sunday’s Daytona 500, for instance, offers a multitude of choices for bettors to explore.
- Outrights involve betting on a specific driver to emerge as the winner of a particular race. This bet is placed based on the moneyline odds currently available. In NASCAR outrights, the odds are always positive since there are no favorites expected to win. The number provided signifies the potential winnings for every $100 wagered.
- In driver matchups/groups, you can place bets on a driver or a group of drivers using moneyline odds. Instead of predicting the winner, you simply need to choose who will finish ahead in a head-to-head scenario.
- Position Finishes: If you’re not convinced that a driver will win, but still expect them to secure a spot in the top 5, certain sportsbooks allow you to place bets for up to a top 20 finish. Keep in mind that the odds decrease and the payout becomes smaller as the finish position moves further back.
- Futures Bets: Predict the winner of the NASCAR Cup Series season championship playoffs with odds that change based on new bets placed during the season.
In addition to betting on drivers in a race, sportsbooks will also provide prop bets related to the number of caution flags, the driver expected to lead the most laps, the number of lead changes, the manufacturer of the winner, and various other options.
Risk-free wager at BetMGM Michigan
Sunday’s race presents an enticing opportunity for Michigan residents, as BetMGM is providing a risk-free wager option.
To participate in the promotion, choose to opt-in and place your bet on the Daytona 500. If your bet loses, you will receive a refund of your wager in the form of free bets, up to a maximum of $25.
