2023 Daytona 500 Odds, Prop Bets and Race Winner

2023 Daytona 500 Odds, Prop Bets and Race Winner

The most prominent race in stock car racing is only a few days away as we gear up for the 65th running of the Daytona 500, also known as The Great American Race.

As of this writing, Speedweeks are currently underway at Daytona. There are events and activities all week leading up to the running of the Daytona 500 on Sunday, February 19th.

On the night of February 15th, the NASCAR Cup Series single-car qualifying session will take place. The following day, there are two qualifying duels1. You can bet on all of the action this week at the best Daytona 500 betting sites.

The single-car qualification stage will determine who starts on the front row of the Daytona 500. These two drivers will line up behind the pace car and bring the grid around to the green flag.

The Daytona 500 marks the first race of the 2023 NASCAR Cup Series season, which runs from February 19th to November 5th. The final race of the year will crown a new Cup Series champion at Phoenix Raceway2.

Joey Logano is coming off a NASCAR Cup Series title in 2022. He finished two places ahead of Championship 4 finalist, Ross Chastain, to capture his second Cup Series championship3.

2023 Daytona 500 Odds

The following odds are courtesy of Bovada

DriverOdds
Chase Elliott+1200
Denny Hamlin+1200
Ryan Blaney+1200
Joey Logano+1400
Kyle Busch+1400
Kyle Larson+1400
Bubba Wallace+1600
Ross Chastain+1600
William Byron+1600
Brad Keselowski+1800
Alex Bowman+2500
Austin Cindric+2500
Austin Dillon+2500
Christopher Bell+2500
Erik Jones+2500
Kevin Harvick+2500
Michael McDowell+2500
Tyler Reddick+2500
Chase Briscoe+2800
PLACE YOUR BETS!

As is customary at superspeedways, the Daytona 500 odds are wide open this year. Whether it’s Daytona or Talladega, the oddsmakers always find it difficult to accurately set a favorite to win, which is why there’s always three or four drivers listed as the betting favorites.

That’s exactly the case for the 2023 Daytona 500 as there are three drivers listed as the odds on favorites. Chase Elliott, Denny Hamlin, and Ryan Blaney have +1200 odds to win the race. The 2022 Cup Series champion (Logano) is closely trailing at +1400.

We didn’t expect to see Kyle Larson this high up the odds at +1400. Despite being one of the most talented drivers on the grid, he has never run well at superspeedways. Is this finally the year that Larson figures out how to win at Daytona?

Kyle Busch comes in at +1400. The former Toyota mainstay left Joe Gibbs Racing and is now driving for Richard Childress in 2023. It’s going to take us all a minute to get used to seeing Busch in a Chevy.

Daytona 500 Start Time and Where To Watch

The 2023 Daytona 500 is scheduled for Sunday afternoon at Daytona International Speedway.

NASCAR RaceDay will begin at 11 a.m. EST on FS1. Fox will take over the coverage with the pre-race festivities starting at 1 p.m. EST4 and the green flag dropping at 2:30 p.m. EST.

The 500-mile race typically takes 3.5 to 4 hours to complete depending on the number of crashes and caution laps.

Daytona 500 Past Winners

Austin Cindric is the defending winner of the Daytona 500. Despite not being a prerace favorite to win, Cindric was able to avoid running into trouble at the end and take the checkered flag.

Typically, the driver that is able to avoid getting caught up in wrecks, and is at the right place at the right time in the final laps, is the one who wins. Like Cindric, Michael McDowell’s win in 2021 was another example of this.

The McDowell victory snapped a two-race winning streak for Denny Hamlin. Hamlin is looking to get back into the winner’s circle after winning the Daytona 500 in 2019 and 2020.

Richard Petty holds the record for most Daytona 500 wins with seven. He has a comfortable lead over Cale Yarborough and Hamlin’s three wins5. Let’s look over the most recent drivers to win the Daytona 5006.

Daytona 500 Prop Bets

DriverYear
Austin Cindric2022
Michael McDowell2021
Denny Hamlin2020
Denny Hamlin2019
Auston Dillon2018
Kyle Busch2017
Denny Hamlin2016
Joey Logano2015
Dale Earnhardt Jr.2014
Jimmie Johnson2013
Matt Kenseth2012
Trevor Bayne2011
Jamie McMurray2010

Betting on the Daytona 500 race winner is not the only option NASCAR bettors have this weekend. There are a variety of different Daytona props to potentially wager on. The following is a list of our best Daytona 500 prop bets to consider:

Top Toyota at Daytona 500 Odds and Pick

DriverOdds
Denny Hamlin+220
Bubba Wallace+350
Tyler Reddick+450
Christopher Bell+600
Martin Truex Jr.+600
Ty Gibbs+800
Travis Pastrana+3300

It’s weird looking at the odds for this prop bet without Kyle Busch included. The fact that Travis Pastrana is on this list of Toyota drivers, and not Busch, is bizarre.

Pastrana has had success in a Subaru on a rally course, but we’ll see how it goes for this Toyota driver’s Daytona 500 debut. Spoiler: he won’t have a chance on Sunday.

Hamlin and Christopher Bell look like intriguing options for this bet, though. To win this wager, you must correctly select which Toyota driver finishes with the higher position at the end of the race.

Hamlin’s success has been well-documented at Daytona International Speedway. He’s made it to Victory Lane twice at Daytona since 2019. Look for him to be competitive again this year.

Bell has to be worth considering at +600. He was the most underrated driver in NASCAR last season. The 28-year-old steadily improved after a slow start and reached the playoffs.

However, his last two starts were not the best at Daytona. Bell finished 34th and 36th after having to exit the race due to accidents. Three of his last four starts at Daytona resulted in an accident designation7.

Bell was 5th, 16th, and 2nd in the previous three starts that he finished at this racetrack. Coming off his best season in the Cup Series, expect the confidence and momentum to continue in 2023.

At +600, we are playing this prop bet on Bell to finish as the top Toyota.

2023 DAYTONA 500 PROP BET:
CHRISTOPHER BELL

Top 10 Finish at Daytona 500 Odds and Pick

DriverOdds
Denny Hamlin-115
Ryan Blaney-115
Chase Elliott-105
Joey Logano+115
Kyle Larson+115
Kyle Busch+130
Ross Chastain+130
William Byron+130
Brad Keselowski+140
Bubba Wallace+140
Austin Cindric+150
Tyler Reddick+160
Kevin Harvick+175
Christopher Bell+185

Bet on as many drivers as you would like or only one to finish in the Top 10 at the Daytona 500. There is good value to be had with this prop bet. While Christopher Bell is a good bet at +185, we are analyzing two other drivers for this wager.

The best value on the board has to be the No. 2 car driven by Austin Cindric; who has only raced three times as a Cup Series driver at Daytona. However, he has found plenty of success in those races.

Going into Sunday, Cindric leads all Cup Series drivers with an average finish of 6.3 on this superspeedway. The 24-year-old native of Columbus, Ohio, has already won at Daytona along with two Top 5 performances8.

According to the odds at Bovada, Cindric is the 11 most likely driver to finish in the Top 10. That doesn’t look or feel correct. Expect Cindric to have a better than +150 chance of winning this prop bet in the Daytona 500.

2023 DAYTONA 500 PROP BET:
AUSTIN CINDRIC

The other driver to consider has to be Bubba Wallace at +140. Wallace is another driver that has fared well at this racetrack. He typically brings a fast car to superspeedways.

In six outings at Daytona, Wallace has an average finishing position of 8.7. He has three Top 5 finishes in what were a few close calls9.

Wallace wants this race badly. If he doesn’t win, it’s probably a sure bet that he will call a driver or two bozos following the Daytona 500. Whether you like Wallace’s short temper or not, he should run a good race on Sunday.

The No. 23 car finished behind Cindric in 2nd at last year’s Daytona 500. It was the second consecutive runner-up finish for Wallace at Daytona.

In his previous five attempts, Wallace has an average finishing position of 7.410. Also keep in mind that Wallace is coming off a pretty nice effort in the Clash at the Coliseum last weekend.

Bet on Cindric and Wallace to finish in the Top 10 at the 2023 Daytona 500.

2023 DAYTONA 500 PROP BET:
BUBBA WALLACE

Winning Team at Daytona 500 Odds and Pick

TeamOdds
Hendrick Motorsports+400
Any Other Team+450
Team Penske+500
Joe Gibbs Racing+600
Stewart-Haas Racing+800
23XI Racing+1000
Richard Childress Racing+1100
Trackhouse Racing+1100
Roush Fenway Keselowski Racing+1200
Kaulig Racing+1600

This Daytona 500 prop bet requires picking the winning team of the race. Hendrick Motorsports stands out as our top choice for this prop.

This wager also coincides with who we like to win the Daytona 500 in 2023. Hendrick brings four talented drivers to Daytona, Florida, this week:

  • Chase Elliott #9
  • Kyle Larson #5
  • William Byron #24
  • Alex Bowman #48

We have discussed how Larson hasn’t produced his best work at Daytona. However, his Daytona 500 odds suggest that there is some faith in him this season.

After dominating in 2021, Larson did not have as much success last season. This might be an added incentive for them to come out firing on all cylinders in 2023.

William Byron won at Daytona on August 29, 202011. He has not been able to match that success in six races since then. However, expect Byron to be a dark horse of sorts in this race.

The 2023 regular season champ is the biggest reason to like Hendrick Motorsports. Despite not winning the Cup Series title, Elliott was consistently the best in the regular season.

Consider backing Hendrick Motorsports to win the Daytona 500. Let’s dig deeper into Elliott’s chances below.

2023 DAYTONA 500 PROP BET:
HENDRICK MOTORSPORTS

Daytona 500 Predictions: Who Takes The Checkered Flag?

Elliott is looking to follow up a memorable campaign with another successful year in 2023. There are several metrics that indicate Elliott was the best Cup Series driver last season.

While Elliott was unable to finish strong in the playoffs, he led all drivers in wins, laps led, and average finish on the year. Elliott finished the 2022 season as the only driver with five wins. He also led 857 laps and had an average finish of 12.4712.

Since 2017, Elliott has recorded two wins at Daytona. Despite not winning here since 2018, there is reason to be excited about his most recent performances.

Elliott has finished in the Top 10 in six of his last seven races at this superspeedway. Four of those outings include Top 5 performances13.

Elliott did about everything right in the 2022 regular season except win at Daytona. He may not win the playoffs in 2023, but we are betting on Elliott to win at Daytona for the first time since 2018.

As a favorite to win the Daytona 500, there is still value on Elliott at +1200 to win. He should be considered on your Daytona 500 betting card to win.

2023 DAYTONA 500 BEST PICK TO WIN:
CHASE ELLIOTT

Sources

1.  2023 NASCAR Daytona 500 Speedweeks scheduled released. Retrieved From https://www.motorsport.com/nascar-cup/news/2023-nascar-daytona-500-speedweeks-schedule/10413315/

2.  2023 NASCAR Cup Series Schedule | NASCAR.com. Retrieved From https://www.nascar.com/nascar-cup-series/2023/schedule/

3.  Joey Logano wins second NASCAR Cup Series title. Retrieved From https://www.foxsports.com/stories/nascar/joey-logano-wins-second-nascar-cup-series-title

4.  NASCAR TV Schedule: Week of Feb. 13-19, 2023 | NASCAR. Retrieved From https://www.nascar.com/news-media/2023/02/12/nascar-tv-schedule-week-of-feb-13-19-2023/

5.  Who has won the most Daytona 500s? Retrieved From https://www.q13fox.com/sports/who-has-won-the-most-daytona-500s

6.  Complete Daytona 500 winner history. Retrieved From https://www.nascar.com/gallery/complete-daytona-500-winner-history/

7.  NASCAR Statistics: Christopher Bell at Daytona. Retrieved From https://www.driveraverages.com/nascar/drivertrack.php?drv_id=3287&trk_id=6

8.  NASCAR: Daytona Driver Averages. Retrieved From https://www.driveraverages.com/nascar/track_avg.php?trk_id=6

9.  NASCAR: Daytona Driver Averages. Retrieved From https://www.driveraverages.com/nascar/track_avg.php?trk_id=6

10.  Misc Stats – Racing-Reference. Retrieved From https://www.racing-reference.info/misc-stats/?id=wallada01&trk=029&series=W

11.  NASCAR Statistics: William Byron at Daytona. Retrieved From https://www.driveraverages.com/nascar/drivertrack.php?drv_id=3440&trk_id=6

12.  Plenty of high marks in Elliott’s 2022 season. Retrieved From https://www.hendrickmotorsports.com/news/articles/121961/chase-elliott-2022-season-review-five-wins-regular-season-title-championship-4

13.  NASCAR Statistics: Chase Elliott at Daytona. Retrieved From https://www.driveraverages.com/nascar/drivertrack.php?drv_id=4070&trk_id=6

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Rex Hoffman

Content covered on TSG: Blog and News

Hoffman is a passionate sports writer with 10 years of experience in sports journalism. From his home in Las Vegas, Rex enjoys finding an edge against the sportsbooks as he regularly bets on football, basketball and baseball. In addition to sports betting, Hoffman also loves to hit the casino tables. With over two decades of gambling experience, Hoffman aims to share his extensive knowledge of casino games with both beginners and experienced gamblers.

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