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NASCAR Betting Guide for 2020

| May 7, 2020 3:47 am PDT
Where and How to Bet on NASCAR Online in 2020

It’s official — NASCAR is coming back, and we will see races from the series as soon as May! This is one of the first sporting events to start again in the USA after the crisis, according to the announcement released on the official site of the organization.

That means we will be able to watch some racing and place some wagers. Some of you may not have much experience with NASCAR, which is why I decided to put together this NASCAR betting guide for 2020. It features information about the new schedule of the series, recommended betting sites online, and my strategy tips.

It’s essentially a NASCAR betting starter pack that can help both beginners and more experienced fans of the series.

NASCAR Schedule for 2020

First things first, so let’s begin with the revised NASCAR Series schedule for May. There are seven races available, as follows.

Date Series Venue Distance
Sunday, May 17 Cup Series Darlington 400 miles
Tuesday, May 19 Xfinity Series Darlington 200 miles
Wednesday, May 20 Cup Series Darlington 500 kilometers
Sunday, May 24 Cup Series Charlotte 600 miles
Monday, May 25 Xfinity Series Charlotte 300 miles
Tuesday, May 26 Gander Trucks Charlotte 200 miles
Wednesday, May 27 Cup Series Charlotte 500 kilometers

It’s interesting to note that all the NASCAR races in May will follow strict guidelines that will heavily affect each event. For example, there will be no qualifiers, and all races will be behind closed doors, so no fans will be allowed.

All teams, racers, mechanics, and everyone involved will have to follow the procedures that the NASCAR officials conducted after long talks with government officials and medical experts. The goal is to create a safe environment for everybody involved.

At the time I’m writing this article, there are no races announced beyond May, but NASCAR confirms that the plan is to have a full season. There will be updates in the near future, and the organization remains flexible when it comes to the schedule and the organization of each event.

Our team will continue to follow the situation, so I recommend you check out our NASCAR section frequently for more information. This is where you’ll find betting previews for every single race scheduled for May, so stay tuned!

And if you want to prepare your own picks for the upcoming events, let’s move on to the core of this NASCAR betting guide for 2020.

Top NASCAR Betting Sites in 2020

Finding the best NASCAR betting sites should be your first step on the way. The bookmakers on the internet offer better odds, more markets, and better promotions, among their other advantages. As a result, you will get higher value for your money and more NASCAR betting opportunities.

The sportsbooks listed above are leading the industry, and they are way better than the competition. If you want to know more about that, I encourage you to check out my post on where to bet on NASCAR in 2020.

You will find the answers to all of your questions there, alongside more details about my recommended NASCAR betting sites.

NASCAR Betting for Beginners

Some of you may not have bet on NASCAR before and need help with the basics. There’s no shame in that, and it’s much better to do the necessary research before risking your hard-earned money. Here are some of the fundamentals you must know before betting on NASCAR.

Don’t Simply Bet on a Wild Guess

Most believe that betting on NASCAR essentially means to take an educated guess on who’s going to win the race. While there is some truth in that, it’s a too simplified approach that most certainly would lead to long-term losses.

You have to focus on evaluating the chances of each NASCAR driver and checking the odds. It’s not necessary to place your money on the guy that’s most likely to win. If the price for him is way too low and would bring a tiny return, the risk might not be worth it. It’s all about probabilities here, and our page dedicated to value betting goes into more detail about that.

Pick Multiple Drivers

If you bet on only one driver in every NASCAR race, you will often suffer from long losing streaks, and that’s a tough strategy. The odds are usually high enough to try your luck by backing two or even three different guys for the win.

Sure, that would affect your potential profit, but it will reduce the impact of luck and give you a much higher chance of winning. It’s the smarter choice, and I recommend building a NASCAR betting strategy around that.

Follow Strict Bankroll Management

If you have a winning NASCAR betting system, you will still have your ups and downs. That’s why you need a staking plan that will protect your bankroll from the fluctuations that come with sports betting.

That’s the only way to survive the inevitable bad streaks. Simply imagine what’s going to happen after five or six failed wagers in a row if the stakes are too high. It’s not uncommon to lose more consecutive bets, so stay smart and only bet a small chunk of your bankroll.

Explore the Track History

All NASCAR drivers have their favorite tracks, and they perform better there. The opposite is also true, which is only natural. Every race is different, so the specifics might suit one driver and trouble another.

On top of that, there’s the mental factor. When a guy has a couple of good races in a row on a certain track, he’s more confident in his chances there and is looking forward to the next event there. Success and failure become a self-fulfilling prophecy to an extent.

That’s why you need to know the track history. It will help you make better decisions.

More NASCAR Betting Advice for 2020

It’s time to add another layer to this NASCAR betting guide for 2020 by exploring more complicated aspects of the series that can help you beat the bookmakers.

Team Dynamics and Personal Goals

Many people forget that NASCAR is actually a team sport. No driver is alone; he has mechanics and teammates that form a whole that works together. The different drivers that are working for the same organization share knowledge for the track and help each other get the best of each race.

On top of that, they might be willing to take one for the team when the other drivers need it. Just imagine a scenario when one guy is fighting for the playoffs while a teammate of his has no chance to book a spot for them.

It’s common sense that the one who has a clear goal will be prioritized by the team and his teammates for the current races. You should be aware of such dynamics and include them in your NASCAR analysis.

The Weather Could Play a Role

If you have been watching NASCAR for long enough, you certainly know how the weather might affect a certain race. The temperature of the track affects both the tire wear and the grip. Even small margins matter, let alone extreme conditions that include rain or heat.

You should always check the forecast and try to predict the behavior of the cars based on races in similar conditions. You should also explore the drivers and their performance in the past.

Consider the 2020 NASCAR Changes

I mentioned that this NASCAR betting guide is for 2020 in a couple of places, and that’s not a coincidence. The restart of the Series will work under different rules, at least initially. Every race is a one-day event, and there are no qualifiers and tests.

That means it will be way more difficult for the teams and the drivers to prepare beforehand. The ones that can adjust the fastest will have an advantage, while organizations that rely on their methodical work beforehand too much might be struggling. You should try to evaluate the impact of the new conditions on every race.

Final Words

I really hope that your NASCAR betting strategy will improve after reading this post and implementing the tips I provided. I will be glad to read your own advice for the Series, so don’t hesitate to use the comments below to share your system and tips.

Also, remember to stay tuned to our NASCAR section in the following weeks. Our team will provide betting previews for all races that will take place this season for those of you who need help with concrete predictions.

Jerry Summer
Jerry Summer

Jerry Summer has a wide-ranging interest in gambling and the gambling industry. He's made a living out of both playing poker and betting on sports.

The English Premier League and the NBA are among Jerry's primary areas of expertise. He's knowledgeable about many other sports, too, along with poker and several casino games.

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