All motor sports use the same odds so you only need to learn how to read the odds once and you’ll be find to bet on all of the different motor sports. All odds will be posted in moneyline format which allows you to quickly determine how much you’ll make on your wager. It’s important to check out the odds on every racer before making your wager so that you can find out whether or not the bet is worth it. In almost all cases the bet will be fine to make, but if you’re betting on a heavy favourite with a small bankroll then it might not be worth the risk. For instance, if a racer has -1000 NASCAR odds it would take a $1000 bet to win a mere $100 which is hardly worth the risk.
How to Read Motor Sports Odds
We’re going to take a look at an example quickly of how to read motor sport odds. In the example we’re going to look at a NASCAR wager, but the odds are the same for every type of motor sport.
• Tony Stewart – -200
• Kurt Busch – +150
In the above example Tony Stewart is the favourite in the grouping and you can determine this by the (-) sign in front of the odds. Whenever there is a (-) sign it means you’ll pay juice on the bet because the sportsbook thinks it has a good chance of winning. The (+) sign means the sportsbook believes that racer is less likely to win the group. To win $100 on Tony Stewart you would need to wager $200 and if you bet on Kurt Busch then you’d win $150 on a $100 bet. Depending on where you live the odds may be posted differently, but they mean the same as these odds. In some UK and European sportsbooks the odds are posted using fractions.
Types of Motor Sports Bets
There are a number of sport betting online options available to cappers ranging from straight wagers to prop bets on each and every race. We’re going to briefly describe each of the betting options you can wager on with many of the online sportsbooks that accept motor sport racing wagers.
• You can pick the winner of any given race.
• You can pick the winner between a heads-to-heads match-up and group match-up. This bet offers considerably lower odds then picking a straight winner for the race.
• You can pick what racer you think will finish in the top 3 or top 6 although the payouts for the bets will be reflective of the fact that your odds are pretty good of winning.
• You can wager on several types of prop bets in most motor sports including what racer will have the fastest lap, what racer will win the pole position, what racing team will win and several other options. Prop bets can offer an excellent way for cappers to make some money during the race without having to try and pick a winner of a race.