🏎️ NASCAR Odds & Betting Favorites at Phoenix 2026: Blaney Favored, Reddick Seeks 4th Win

We've never seen anything like what Tyler Reddick has done winning the first three races of the NASCAR season. But he's not the favorite to reach Victory Lane this Sunday in the Straight Talk Wireless 500 (3:30 p.m. ET, FS1) at Phoenix Raceway.

Instead, Ryan Blaney enters this week as the betting favorite with +475 odds to lead Team Penske to yet another win at Phoenix. He's followed by Denny Hamlin, who leads the latest NASCAR championship odds, and former Phoenix winners Christopher Bell, Kyle Larson, and William Byron ahead of qualifying on Saturday.

Here's a look at the latest Straight Talk Wireless 500 odds with my favorite early targets for Sunday's race at Phoenix.

📊 NASCAR betting odds at Phoenix

Here's a look at the current odds to win Sunday's race at Phoenix via BetMGM:

😤 Can Blaney win again at Phoenix?

Reddick might be on the best season-opening heater in NASCAR history, but Blaney is the favorite to win Sunday's race for a reason - or multiple, really.

The first is his track record at Phoenix Raceway: he's finished in the top five in seven of his eight races here in the Next Gen era (since 2022), which includes four P2s and a win in his last trip to the desert in November. The only miss was a 28th-place finish in last year's spring race here, when he still finished in the top five in both stages.

He's also shown a blistering pace so far this season, even if his final results don't exactly show it. And Team Penske has been a force at this track, winning three of the eight races at Phoenix in the Next Gen car. I'm going to dive into this race more later this week, but if I had to pick any driver in the field to win this race, it'd be Blaney.

🔥 More NASCAR contenders at Phoenix

Here's a look at the other top contenders to win Sunday's race at Phoenix Raceway:

Denny Hamlin (+500)

Hamlin hasn't enjoyed as much success through three races as he may have liked after nearly clinching his first-ever championship in last year's race at Phoenix, where he led 208 laps and was in position to win before a late caution ripped that away. I expect a motivated driver behind the wheel of the No. 11 car on Sunday, which is dangerous at a track where he's excelled over the years.

Christopher Bell (+600)

Bell has won the spring race at Phoenix each of the last two years and is coming off a strong P3 finish last week at COTA, which could be what the No. 20 team needs to shake off a pair of finishes outside the top 20 to start the year. He led 103 laps in his most recent win here and could use a big showing to help his points in the new Chase format.

Kyle Larson (+700)

Larson returns to the site of his second NASCAR championship victory just a few months ago, when that late caution by his teammate William Byron opened the door for Larson to pounce and finish third to clinch the Cup Series title. He does have a win at this track in 2021 and is always a threat on more traditional ovals compared to the superspeedways and road courses we've seen thus far.

William Byron (+700)

Byron won the spring race at Phoenix in 2023, one of five top-six finishes in his last seven races at this track. His 33rd-place finish last year is deceiving: he started second and led 52 laps with a Stage 1 win and third-place finish in Stage 2 before the caution heard 'round the world. He led 83 laps in last year's spring race and is live to win this time around.

💰 Early picks & best bets at Phoenix

Here's a look at the best values on the board looking ahead to Sunday's race:

Joey Logano (+1300)

You're telling me the active leader in wins at Phoenix (four), coming off two top-five finishes in his last three trips here, is catching 13/1 odds to win again? I simply don't understand the logic for these odds on Logano, who showed enough speed in the two superspeedway races for me to back him early in the week at one of his best tracks.

Tyler Reddick (+2000)

We highlighted Reddick in our early odds piece last week and bet on him as one of our top contenders at COTA, and he rewarded us with his third consecutive win to open the year. I understand the difference between superspeedways, road courses, and 1-mile tracks like Phoenix - but do the oddsmakers understand momentum? I can't help but take a shot at these odds until Reddick cools off one iota.

Josh Berry (+2200)

Team Penske and Hendrick Motorsports get all the attention for lapping the field at this track - and deservedly so - but Berry has been sneaky impressive in his last two races here with Wood Brothers Racing, a technical alliance partner with Penske. He finished fourth and seventh last year in his debut year with the race team, and I'll have him on my bet slip before qualifying.

🏆 Past NASCAR winners at Phoenix

Here's a look at the last eight winners at Phoenix Raceway in the Next Gen era:

Hendrick Motorsports has been the historic dominant power at this track, but Team Penske has been the one to beat as of late with two wins in the lastthree races and three overall in the Next Gen era. Joe Gibbs Racing is a team to watch on Sunday with former winners Christopher Bell, Chase Briscoe, and Denny Hamlin all among the favorites.

📺 How to watch NASCAR at Phoenix: 2026 Straight Talk Wireless 500

• Date: Sunday, March 8
• Time: 3:30 p.m. ET
• Location: Phoenix Raceway (Phoenix)
• TV: FS1
• Track: 1-mile, low-banked tri-oval (312 laps, 312 miles)
• Stages: Stage 1 (lap 60), Stage 2 (lap 185),