Daytona 500 Odds & Favorites 2024: Denny Hamlin Favored In Hour Before Monday's Race
The 2024 NASCAR season is officially here, and the Daytona 500 odds for the first big race are changing daily. Denny Hamlin has emerged as the favorite across our best sports betting sites.
The first official race in the NASCAR Cup Series chase was supposed to take place Sunday. Instead, the Great American Race will get underway on Monday afternoon with a new leader emerging in the betting odds for the Daytona 500.
Denny Hamlin - who was favored by our best sports betting apps early in the week after winning the Clash at the Coliseum - jumped Joey Logano as the betting favorite to win the biggest race of the regular season, which starts at 4 p.m. ET after a rain delay pushed it from Sunday.
Those two are among seven drivers commonly listed at +1500 or below to win the race, leading to plenty of opportunities for plus-money value.
Here is our look at the 2024 Daytona 500 odds from our best sportsbooks.
Daytona 500 odds 2024
(Daytona 500 odds updated on Feb. 19)
Driver | DraftKings | FanDuel | BetMGM | Caesars | bet365 |
---|---|---|---|---|---|
Denny Hamlin | +800 ❄️ | +850 | +900 | +900 | +1100 🔥 |
Kyle Busch | +900 ❄️ | +1000 | +1200 | +1000 | +1600 🔥 |
Joey Logano | +900 | +900 | +1200 🔥 | +1000 | +1000 |
Ryan Blaney | +1200 | +1100 ❄️ | +1200 | +1200 | +1200 |
Chase Elliott | +1200 ❄️ | +1400 | +1500 🔥 | +1400 | +1400 |
Brad Keselowski | +1200 | +1100 ❄️ | +1300 | +1300 | +1200 |
Kyle Larson | +1400 | +1700 | +1800 | +1400 | +1800 |
William Byron | +1800 | +1800 | +2000 | +2000 | +1800 |
Martin Truex Jr. | +1800 | +1600 ❄️ | +2000 | +1800 | +2000 |
Christopher Bell | +2000 🔥 | +1400 | +1800 | +1800 | +1400 |
Daytona 500 favorites 2024
Denny Hamlin (+1100 via Caesars)
Hamlin moved to being one of the co-favorites at DraftKings after winning the Clash at the Coliseum exhibition race in Los Angeles, and he was briefly knocked off that perch before regaining it ahead of Monday's start time.
While that race last week didn't count toward the Cup Series standings, it still helped propel Hamlin among the favorites for this race and reminded bettors what he can do on the track after a top-five finish in the Cup Series in 2023.
Hamlin is a three-time winner at Daytona, so it makes sense to see him among the favorites. He's dealing at +900 or shorter at four of our five best sportsbooks, so this isn't a bad price at +1100 odds even in a crowded field.
Joey Logano (+1200 via BetMGM)
Logano was briefly dealing as the favorite to win this race after capturing his first pole at Daytona, where he won this race in 2015 as the second-youngest to ever do it.
He also finished second in last year's Daytona 500 and has a great shot to finish near the front of the pack once again. Logano is among our favorites to win this race, and he's still catching a compelling outlier +1200 price at BetMGM.
We wrote more about Logano as one of our favorite picks in our Daytona 500 picks and predictions.
Daytona 500 odds 2024: Contender
Ryan Blaney (+1200 via BetMGM)
Blaney is the 2023 NASCAR Cup Series Championship winner and a good threat to take the Daytona 500. He hasn't won in Daytona yet, but a first-time winner has won this race in five of the last six years.
Going back to the playoffs, Blaney has registered a top-two result in three straight races and four of his last six. He could finally break through on Monday.
Daytona 500 odds 2024: Long shot
Chris Buescher (+2200 via BetMGM)
This isn't a massive long shot considering some of the recent winners we've seen at Daytona, but Buescher also fits into the first-time winner trend.
It's hard to ignore the dominance Buescher displayed to end the 2023 regular season, winning three of four races to enter the playoffs. He also finished fourth in Daytona a year ago, and if NASCAR gave out a "most Improved" award, it would've gone to him. Could we see that continue into Monday's race?
Daytona 500 top finish odds 2024
Selecting a winner in NASCAR is like picking a needle in a haystack. There are other markets bettors can sink their teeth into, including the top finish markets, which usually include top three, top five, and top 10 result lines.
(Odds updated on Feb. 16)
Daytona 500 matchup odds 2024
Selecting winners can be frustrating when the field is so large, so bettors can elect to wager on two drivers instead. In race matchup or head-to-head markets for motorsports, bettors can place a wager on who will finish the race with a better result between two of the 30-plus drivers.
If a bettor wagers on Denny Hamlin to beat Kyle Busch, for example, then it's a winning bet if Hamlin ends the race ahead of Busch regardless of what overall place he finishes in when the race concludes.
Here's a look at the latest head-to-head matchup odds from DraftKings:
- Kyle Larson (-105) vs. Joey Logano (-125)
- Christopher Bell (-125) vs. Tyler Reddick (-105)
- Ryan Blaney (-110) vs. Brad Keselowski (-120)
- Ricky Stenhouse Jr. (-130) vs. Michael McDowell (+100)
- Denny Hamlin (-115) vs. Kyle Busch (-115)
- Ty Gibbs (+110) vs. Joey Logano (-145)
- Chris Buescher (-105) vs. Chase Elliott (-125)
- Kyle Busch (-135) vs. Martin Truex Jr. (+100)
- Josh Berry (-125) vs. Zane Smith (-105)
- William Byron (-115) vs. Bubba Wallace (-115)
- Austin Cindric (-110) vs. Alex Bowman (-120)
- Ryan Preece (-115) vs. Chase Briscoe (-115)
- Ross Chastain (-115) vs. Tyler Reddick (-115)
Daytona 500 winning manufacturer odds 2024
(Odds updated on Feb. 19)
Daytona 500 winning team odds 2024
Caesars was the first to post the winning team market. Much like the winning manufacturer market above, bettors can select a team to win the race. Joe Gibbs Racing has won two of the last five Daytona 500 races.
(Odds updated Feb. 16)
Team | Caesars |
---|---|
Joe Gibbs Racing | +350 |
Hendrick Motorsports | +425 |
Team Penske | +475 |
RFK Racing | +650 |
Richard Childress Racing | +1000 |
23XI Racing | +1000 |
Stewart-Haas Racing | +1200 |
Front Row Motorsports | +1400 |
Legacy Motor Club | +1600 |
Trackhouse Racing Team | +2000 |
2024 Daytona 500 race info
- When: Monday, Feb. 19 at 4 p.m. ET
- Where: Daytona International Speedway, Daytona Beach, FL
- How to watch: FOX
- Defending champion: Ricky Stenhouse Jr.
Recent Daytona 500 winners
Year | Driver | Odds |
---|---|---|
2023 | Ricky Stenhouse Jr. | +3300 |
2022 | Austin Cindric | +3300 |
2021 | Michael McDowell | +10000 |
2020 | Denny Hamlin | +1000 |
2019 | Denny Hamlin | +1000 |
2018 | Austin Dillon | +5000 |
2017 | Kurt Busch | +2000 |
2016 | Denny Hamlin | +1000 |
2015 | Joey Logano | +1200 |
2014 | Dale Earnhart Jr. | +1200 |
2013 | Jimmie Johnson | +1400 |
Daytona 500 betting analysis
The results of the Busch Light Clash at The Coliseum - only a 37.5-mile competition - didn't much matter to what will be expected to happen at Daytona International Speedway.
When looking to bet this event early, scout previous race results from Daytona as well as what happened last season. Results from early and late in the 2023 campaign will be particularly important, but we can also look at drivers who produced consistent top five or top-10 finishes. Those who reliably placed well but were kept out of the winner's circle - and thus didn't garner as much attention - could represent ideal value targets for bettors.
Qualifying will significantly impact these odds, but the opening lines could still be the best gauge of who's expected to contend regardless of starting position. Anyone high up on this early oddsboard who starts from a less-than-ideal position would be a good target at inflated odds.
Daytona 500 FAQs
Who is the Daytona 500 favorite?
Denny Hamlin is the betting favorite for the 2024 Daytona 500 with most sportsbooks, though Joey Logano is also favored at some shops.
Who won the Daytona 500 last year?
Ricky Stenhouse Jr. of JTG Daugherty Racing won the 2023 Daytona 500 at odds of +3300.
When will the Daytona 500 be decided?
The 66th running of the Daytona 500 will be held on Monday, Feb. 19 at 4 p.m. ET.
Where will the Daytona 500 take place?
Drivers will navigate the Daytona International Speedway in Daytona Beach, FL for 200 laps.
How to watch the 2024 Daytona 500
You can watch the Daytona 500 on FOX or stream it via DIRECTV, Hulu, fuboTV, or YouTube TV.
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