Are you getting started on NASCAR wagering, but want to do something more than just pick the winner of the race? Here’s some good news – you can place wagers live during the race! Yes, this still can include picking a winner outright, but there are several options available for you before and after the green flag drops! Here’s a quick live NASCAR betting guide complete with a few tips and strategies that you can put in place on race day.
What is NASCAR Live Betting?
The traditional way of betting on NASCAR is to pick the race winner before the race starts. This could be just before the drivers take the green flag or a day or two in advance. You can also select wagers on what the top three drivers will be, which is called a podium finish. There are also NASCAR head-to-head matchups where two drivers are matched against each other and you pick which one you think will have the best finish. These are all examples of wagers done before the race starts.
Live betting simply means that you can take advantage of wagers offered once the cars hit the track. Note, the offerings will vary depending on the sportsbook you are using. The best way to think of NASCAR live betting is to compare it to prop bets made during a live NFL game. You’re watching the game, checking your wagering platform and suddenly a wager appears on if a team’s kicker will miss a field goal. Or will there be more than a certain number of interceptions during the next quarter or 2nd half?
NASCAR live betting may include all of the traditional wagering options, but offerings will increase during the ongoing race. Bets include everything from which drivers will win the next stage to how many lead changes will happen during a stage. Then there’s the number of cautions, which manufacturer will have the most cars in the top five or ten and more. Everything is geared to keep the wagering race fan more engaged as the race progresses.
NASCAR Live Betting Tips
NASCAR live betting tips are very similar to tips that I would give to anyone wagering on NASCAR before the race starts. There are a few things you can do to gear your selections more accurately during a live betting situation. As always, information is king! The more data that you can gather before placing your wager will often improve your chances.
Top 7 Tips for Betting on NASCAR
The difference is that “live betting” requires a faster decision-making process, as time is of the essence. That’s why I try to keep any prerace research I’ve done fresh in my mind for live betting situations. I like to know a handful of stats in any NASCAR wagering situation. All of each are easy to access from quick internet searches.
How many times each driver has won at the track?
How many times a manufacturer has won at the track?
How drivers have fared on similar tracks?
Most laps led – look for a driver that dominates at the venue.
The number of cautions.
The number of green flag passes.
Also, you can keep track of the live data made available from TV coverage and what NASCAR makes available live on their website. If you’ve watched a NASCAR race on TV then you’ve probably noticed that the live leaderboard does more than just show position. Both FOX and NBC Sports do an incredible job with their graphics that rotate lap times, time differences between cars on the track, laps led, laps down and more. The NASCAR website has a live leaderboard complete with much of the data coming straight from the car’s telemetry.
I also listen – you can take it for granted that the TV and radio announcers are going to be blurting out all kinds of information about trends that are associated with the race you are wagering on. There’s nothing like some live advice dropped into your lap when you are betting on NASCAR live!
Can You Combine Quick Stat Searches with a Hunch? – Yes!
You may think that the nature of live NASCAR betting would force every decision into the category of being a hunch. Yes… and no! Having more information is always a plus and will help you with your gut- feeling wagers. You may see a live wager on if a driver will finish 10th or better at the end of a stage. The driver may be a big name in the sport, but a quick search through his stats may reveal that said driver has only earned a few stage points all season.
So, if you see a wager that you instantly have a “hunch” about then simply check out the stats to see if your gut feeling can be backed up. You should also refer back to any research you’ve done for wagers you may have placed before the command. I always suggest going with any data or information that you can gather before placing a wager. Even if you only have a few minutes to look something up.
Consider this comparison, we can find the nearest location of our favorite fast-food company almost instantly, look up the weather for the next 30 minutes to a ten-day forecast – all in seconds. It takes the same amount of time to look up how many Cup Series races Ford has won at a certain track or how many cautions the last race at the venue had. It only takes a few moments to back up your hunch!
Putting Your NASCAR In-Play Betting Strategy to Work!
Like prerace betting, your live NASCAR betting selections should be backed with as much information as possible. Always look for available stats to help make better-informed decisions. The only difference is the amount of time that you have before placing your bet.
Regardless, your live NASCAR betting strategy should consist of gathering as much information as possible, while also leaning on any of the information you’ve already researched. Combine this with live information coming from the race broadcast or data stream you are monitoring.
If you’re like me and others I know, you may have the race on TV or radio with the official NASCAR website and a NASCAR stat site pulled up on your computer. Or, you may just have your phone while sitting at dinner at a local sports pub. My best friend is known for wagers he’s placed via his cell phone while bass fishing in the middle of a lake!
Whatever your approach is, your decision should be backed by info – even if you only have a short time. Live NASCAR betting offers an in-the-moment thrill that prerace wagering does not. That’s why it is quickly becoming such a popular wagering option. You can place wagers from wherever you have cell coverage. Just remember some of the tips from above and work them into your NASCAR live betting strategy.