• US States

Explore sports news

NASCAR and Formula 1 Odds

NASCAR odds and F1 odds are hugely dynamic and ever-changing. With so many variables to consider lines can be incredibly profitable. Moreover, racing events have gained more traction in the US over the last several years, with sportsbooks offering Formula 1 odds.

We’ll be taking you through some of America and the world’s most popular racing sports, looking at the leagues and betting styles that are found at motorsport betting sites.

Read More arrow-down
Read Less arrow-down
On July 10, 2023
Updated by Kaleb Vanderhorst
On March 21, 2024
Bonuses by State:
    • US States

Why Should You Use Overtime Heroics’ Motorsport Odds?

With the huge number of drivers and teams out there, it can get a little complicated. So, whether you’re looking to start NASCAR betting, or simply have a new interest in sports like F1, it can always be helpful to use an odds provider like us. 

When betting, it can also pay off to keep an eye on drivers’ conditions, weather, and current line changes, to make the most informed wagers.

Here at Overtime Heroics, we work tirelessly to offer the best picks and tips for all the top events in the largest motorsports. We’ll give you the best NASCAR odds today, or the best odds to use when betting on Formula 1, Rally, and Indy 500.

Motorsport Betting Odds Explained

Just understanding the odds can be challenging when you’re new to betting. All the options and numbers can be daunting but there’s hope.

We’ll make it easier for you to get started on your betting experience, by looking at how to bet on Formula 1, NASCAR, and other motorsport events.

Win Outright

If you’re looking to bet on any motorsport event, including NASCAR and Formula 1 bets, you’ll find that winning outright is the most popular option. These bets involve predicting the winner of a race and are the racing version of a moneyline bet.

These can be great wagers if you’re new to the sport since you can bet heavy favorites. These bets are also great with NASCAR betting lines, seeing as they are some of the most updated and analyzed odds, changing constantly.

At your favorite sportsbook, odds would be displayed like so:

  • Max Verstappen -110
  • Charles Leclerc +250

In this scenario, Verstappen is the favorite. You can tell by the minus sign (-) next to his odds. Leclerc is the underdog which is denoted by the plus sign (+).

Pole Position

Pole position bets in motorsports involve predicting which driver or team will secure the first starting position. Racers will then run preliminary laps, with the fastest driver taking the pole position, these can be great odds for both Formula 1 and NASCAR bets.

If you have a strong feeling your favorite driver is in perfect shape, pole position bets can add some extra cash to your pocket before the event even starts.

Pole position also is heavily influential on the outcome of the actual race, with those in top positions generally keeping their momentum throughout.

Fastest Lap Time

Fastest lap time bets are common betting odds on Formula 1 events because you’re predicting which driver will achieve the best lap time. This type of bet focuses on individual performance and speed rather than the overall race outcome.

Instead of considering tire health, starting position, and numerous other factors, simply wager on who you think will have the best lap with their car. This betting style is fun if you’re looking to capitalize on your in-depth knowledge of the sport.

Podium Finish

Podium finish bets in motorsports involve predicting which drivers or teams will finish in the top three positions at the conclusion of a race. All you need to do is choose a team to wager on, and if they manage to place within the top three positions, you win.

Podium finish bets provide an opportunity to focus on the competitive performance of individual drivers or teams, rather than just the race winner. Although not as common as outright winner bets, these can give you a decent amount of leeway when wagering.

Motorsport Odds Leagues

There are several different key motorsports organizations, and each one offers its own odds and wagers. There is something for everyone, whether you’re interested in NASCAR odds for this week, simple F1 bets, or any other wager, you’ll definitely find what you’re looking for.

NASCAR

You can bet on NASCAR events all throughout the season, with the sport still maintaining its spot as America’s top motorsport. You can find NASCAR odds for this weekend, NASCAR championship odds, NASCAR props, and everything in between at almost every top sportsbook.

Make sure you have a decent understanding of the different types of bets available, like the ones we covered above.

We also recommend keeping up with NASCAR news, driver statistics, and track characteristics. The extra information can really make a huge difference in terms of profitability when using NASCAR betting odds.

Formula 1

With F1 betting odds you can expect a wide range of betting markets. Some common Formula 1 betting options include:

  • F1 race odds
  • F1 title odds
  • F1 championship odds

F1 betting also involves considering factors like driver skills, team performance, track conditions, weather, and strategy. These factors can lead to fluctuating odds leading up to the race, so staying up to date is key.

Indy 500

The Indianapolis 500 is one of the best racing events to take place on American soil. Driver’s from across the world participate in this thrilling race with winners like Dario Franchitti, Josef Newgarden, and Hélio Castroneves.

When betting on Indy 500 odds, make sure to consider the same factors you would when betting on any other motorsport such as weather, driver skills, and track conditions.

World Rally Championship

When betting on WRC events, there are several factors to consider. Firstly, expect a diverse range of betting options, including overall rally winners, stage winners, and manufacturer/team performance.

Secondly, make sure you understand the drivers’ skills, car performance, weather conditions, and terrain to make the most informed bets. Thirdly, expect high levels of unpredictability, as rallies can be affected by unexpected events and varying stages.

Lastly, just enjoy the art unfolding in front of you. Rally can be some of the most technically sound racing you’ll find in the world, with drivers ripping up dirt roads traveling at over 200km/h.

Motorsport Betting Odds Frequently Asked Questions

Do you have questions about motorsport betting? We have answers!

Who’s Winning the NASCAR Race Today?

There are many great races going on as of now, so depending on the date you read this, NASCAR race odds may change. We recommend you keep it locked to our NASCAR racing information and picks pages to make an informed bet on current races.

How Do I Bet on F1?

To start betting using Formula 1 betting odds on events you simply need to find a reputable sportsbook with the event, create an account, and bet. We like FanDuel, Tipico, and Unibet, amongst others.

How Do I Bet on NASCAR?

Similar to betting on other motorsports, simply sign up for a NASCAR betting site like FanDuel or DraftKings. Once you’ve created your account, review the NASCAR odds offered and start making your bets.

Subscribe to our newsletter

Receive the latest sports news, exclusive stories, and updates. Stay Up-to-Date!