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Guide for Betting on the 2022 Daytona 500 – How and Where to Bet

| February 7, 2022 7:12 am PDT

It feels like it’s been a long offseason, but the 2022 NASCAR Cup Series season is right around the corner. The Busch Clash kicked off the season, but the official start to the season is the 64th running of the Daytona 500.

The Daytona 500 is the biggest race of the season. Every NASCAR driver wants to lift the Harley J. Earl Trophy, but only a few are lucky enough to have that honor.

A prestigious NASCAR event like the Daytona 500 needs its betting guide. This betting guide will give you an in-depth breakdown of Daytona 500 betting. Let’s start with the best places to bet.

Where to Bet on the 2022 Daytona 500

There are a few great betting sites for NASCAR, but BetUS gets the nod for me because they were the first to post odds for the 2022 Daytona 500. They drew the early market from their competitors.

Bovada typically gives us the most extensive breakdown with many prop bets. SportsBetting.ag and MyBookie give us odds for the 2022 Daytona 500 and 2022 Cup Series Championship. They’ll likely add more specials as we move closer to the race.

Overall, the top NASCAR betting sites will have you covered for the 2022 Daytona 500.

Key Details for the 2022 Daytona 500

  • When: Sunday, February 20th
  • Where: Daytona International Speedway in Daytona Beach, FL
  • Time: 2:30 p.m. ET
  • How to Watch: FOX

The Daytona 500 is unique from other events. Instead of using a standard qualifying session to set the field, they have a pair of Duel Races to determine the starting order. They set the field for those races with your typical qualifying session.

Fans can tune into the Duel Races Thursday, February 17 at 7 p.m. ET on FS1. I wouldn’t buy too much into the starting lineup for the Daytona 500, so feel free to place your bets ahead of time.

We can’t place those bets without the odds. Let’s check them out.

2022 Daytona 500 Odds

Denny Hamlin+800
Chase Elliott+900
Kyle Larson+1100
Joey Logano+1200
Ryan Blaney+1200
Brad Keselowski+1400
William Byron+1400
Bubba Wallace+1600
Kurt Busch+1600
Kyle Busch+1600
Martin Truex Jr.+1600

Denny Hamlin was the early favorite to win the 2022 Daytona 500, and he remains in the top spot. I’ll talk more about Hamlin later, but he has been great in the Daytona 500.

Chase Elliott and Kyle Larson have never won at Daytona, but the last two champions want to add to their legacy.

Brad Keselowski and Kurt Busch will start their season with a new team. Can they kick off their campaign with a Daytona 500 victory? The odds tell us the top contenders, but I’d like to give a more in-depth breakdown.

Biggest Threats for the 2022 Daytona 500

The Daytona 500 is a wild race, but we know a few drivers that will stay near the front.

Denny Hamlin (+800)

Denny Hamlin might not give us the best value for the Daytona 500, but his Daytona resume speaks for itself. Typically, I’m not one for betting on the favorite in this race, but I’ll make an exception for him.

My betting tips for the Daytona 500 include being cautious with the top contenders. My reason behind that is it’s so easy to find yourself in the big wreck. Somehow, Hamlin avoids that nearly every season.

His three Daytona 500 wins are the most among active drivers and tied for third-most all-time. His first came in 2016, when he beat Martin Truex Jr. in the closest Daytona 500 finish of all-time.

In 2020, Hamlin became the first driver in 25 years to win back-to-back Daytona 500s. What makes him so dangerous is his ability to avoid the big wreck. He does that because he stays out front.

He led many laps in his three Daytona 500 wins, but those aren’t his only quality performances. Going back to the beginning of his career in 2006, let’s see his most laps led in the Daytona 500s he didn’t win.

  • 2008: 32
  • 2012: 57
  • 2013: 33
  • 2018: 22
  • 2021: 98

A crazy stat from Hamlin’s Daytona 500 career is he has never crashed out of a race. He crashed out of a few in the Summer Daytona race but never in the season-opener. That’s almost as impressive as winning.

Hamlin is so strong at Daytona because he goes for the lead and does everything to hold off his competitors. He wants to keep control of the race.

We should look at Hamlin as one of the top contenders for the 2022 Daytona 500. His odds don’t present much value, but the numbers speak for themselves.

Joey Logano (+1200)

There is an upper echelon among NASCAR drivers regarding superspeedway racing. Denny Hamlin might top the list, but Joey Logano is a close second. Logano is very similar to Hamlin because he wants to control the race.

Logano is probably the most aggressive driver in the field. Sometimes, that ruffles a few feathers, but it also puts him out front when it matters most.

In 2015, Logano battled Jimmie Johnson and Denny Hamlin in the final 15 laps. They ran three-wide for multiple laps, but Logano pulled ahead with less than 10 laps to go. He was able to control the race and held off the field to win his first Daytona 500.

It’s interesting to look at the numbers because Logano only led a combined 30 laps in the following four seasons. At the same time, he had four finishes of sixth or better. We expect him to control the race, but he played it safer in those Daytona 500s.

Perhaps that’s a strategy Logano should consider.

Including the Summer Daytona race, Logano has led 25+ laps in four of his last five starts at the track. That’s great to see, but it’s not leading to good finishes.

  • 2019 Daytona 2: 25th
  • 2020 Daytona 500: 26th
  • 2020 Daytona 2: 27th
  • 2021 Daytona 500: 12th
  • 2021 Daytona 2: 23rd

That’s why I think it’s so impressive that Hamlin has never crashed out of a Daytona 500. Logano is consistently one of the top drivers, but he can’t avoid the big one.

Last season, he was in position to win the Daytona 500, but he crashed while leading on the final lap. That had to hurt bettors who backed Logano for The Great American Race.

His odds make it a bit risky, but I’m willing to bet on him for the 2022 Daytona 500.

Sleepers That Could Surprise Us in the 2022 Daytona 500

The Daytona 500 is one of those races that can produce a longshot winner. Let’s check out my favorite value picks.

Ricky Stenhouse Jr. (+2500)

In NASCAR, there are a few drivers who only compete for wins at Superspeedways. Ricky Stenhouse Jr. would fall into that category. Stenhouse can run well on other tracks, but a Superspeedway represents his best chance to win.

Stenhouse was among the top drivers at Daytona in the late 2010s. Check out his laps led in his best stretch.

  • 2017 Daytona 2: 17
  • 2018 Daytona 500: 11
  • 2018 Daytona 2: 51
  • 2019 Daytona 500: 16
  • 2019 Daytona 2: 2
  • 2020 Daytona 500: 24

He picked up his second career win in the Summer race at Daytona in 2017. Stenhouse passed David Ragan on a late-race restart to score his second career victory.

It was great to score the victory, but that race started an unfortunate trend. Early in the race, Stenhouse made contact with Kyle Busch, sending him into William Byron and wrecking both cars.

That incident earned Stenhouse the reputation of someone who wrecks people because of his aggression. Surprisingly, we haven’t seen him in contention lately at Daytona. He only has one top 15 finish in his last eight starts and hasn’t led a lap in his last three starts.

The aggression might get him into trouble, but it’s also what you want from a sleeper. Stenhouse knows the Daytona 500 is one of his best opportunities to win and make the playoffs. Someone like him has to be aggressive.

Honestly, we’re likely looking at a driver who will win or finish 25th. Considering his odds, I don’t think that’s a bad thing for bettors.

It wouldn’t surprise me if he won his second career race at Daytona. Drivers like him are why the Daytona 500 is one of the top races to bet on in 2022.

Ross Chastain (+4000)

Ross Chastain is somewhere between drivers like Denny Hamlin and Ricky Stenhouse, Jr. He’s nowhere near Hamlin overall, but he is in contention on more tracks than Stenhouse. The Daytona 500 isn’t necessarily a must-win, but it’s one of his best chances to make the playoffs.

Chastain joined Trackhouse Racing Team for the 2022 season following one season with Chip Ganassi Racing. That move affected the betting market for the 2022 Cup Series season.

Last season was the first time Chastain competed in the Cup Series in a competitive car. Because of that, we don’t have much Daytona data. In the 2020 Daytona 500, Chastain drove a third entry for Chip Ganassi Racing.

He wasn’t up front for much of the race, but he made a late charge to the front. Unfortunately, he got a little too aggressive and caused a big wreck.

Like a few drivers we’ve talked about, Chastain is aggressive. We showed how it could get him into trouble, but sometimes, it’s necessary.

Last season, Chastain put up decent numbers at Daytona. He finished seventh in the Daytona 500 and led 18 laps in the Summer race before a crash took him out of contention. Now, I want to show you his results in the Xfinity Series.

Chastain found himself in a competitive car in 2019 and 2020. Check out his numbers at Daytona.

Race Finishing Position Laps Led
2019 Daytona 500 13th 23
2019 Daytona 2 1st 49
2020 Daytona 500 22nd 0
2020 Daytona 2 6th 1

He was in position to win the second Daytona race in 2020, but he crashed on the final lap. We know how crashes can quickly take you out of contention.

As a sleeper, I like Chastain’s chances to win the Daytona 500.

Cole Custer (+5000)

Cole Custer had a solid rookie season in 2020. He picked up a surprise win at Kentucky to make the playoffs. The win was his highlight of the season, but also had some decent finishes. Last season, he went into a full-on sophomore slump.

Custer only scored two top 10 finishes, finishing 26th in the standings. I believe Custer could have a bounce-back season, and it would start with a strong run in the Daytona 500.

Like Ross Chastain, Custer has only been in the Cup Series for two seasons, so we don’t have much past Daytona data in the Cup Series. In four starts, Custer only has one top 20 finish. However, that doesn’t tell the whole story.

He had a mechanical issue in the 2020 Daytona 500. In the Summer race, Custer was in the big one with less than five laps to go. He was coming through the field on the outside, but couldn’t avoid Joey Logano.

Last season, Custer scored a solid 11th place finish in the Daytona 500. He was in the top-five on the final run, but a few cars shuffled him out of line.

Part of the reason I like Custer’s chances to pull off an upset victory is his team. Stewart-Haas Racing had a disastrous 2021 season, but a big performance in the Daytona 500 could jump start their season.

Kevin Harvick and Aric Almirola are very good superspeedway racers. They each have a victory at Daytona, with Almirola coming a half-lap away from winning the 2018 Daytona 500. Harvick has finished top five in the last two Daytona 500s.

Working with team members is a big thing in the Daytona 500. Those three drivers, along with Chase Briscoe, should work together. Betting on races that will give you good value is one of my top tips for the 2022 season. The Daytona 500 is one of those races.

Betting on the Daytona 500 in 2022

The 2022 Daytona 500 ushers in a new era for the NASCAR Cup Series. It’ll be their first race with the Next-Gen car. You don’t want to miss the action in the 64th Great American Race.

Hopefully, this betting guide gives you a better understanding of how to bet on the Daytona 500.

I gave you my top contenders and sleepers. Now, it’s time to make your picks. The top NASCAR sportsbooks will provide you with the best odds all season.

Before the season begins, why not brush up on some of the worst crashes in NASCAR’s history.

Nicholas Sterling

Nicholas has been a Sports Writer with GamblingSites.com since May 2021. He has a rich sports background, writing about NASCAR, NFL, NBA, MLB, NHL, Golf, etc. Nick is always ready for a new challenge.

He enjoys rooting on D.C. sports teams, including the Commanders, Wizards, and Capitals.

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