Once the race has started, all sportsbooks will take the pre-race lines off the board and switch over to offering live betting odds if they have that available. Once the race starts, you are going to see the odds shift around significantly. Additionally, sportsbooks charge bettors additional juice on live betting lines.
As a bettor, you can watch all of the action transpire and decide who you want to bet on at almost any point in the race. Just as with any type of pre-game handicapping, you do your best to project what you think will happen. However, live betting allows you to see some of the action transpire before making a decision. This allows you to calibrate your bets based on things that have actually taken place within the race. That means you could have a couple of bets before the race and a couple of bets once the race has started.
Then after 20 laps of racing, you can add in a couple of other bets live during the race on drivers to win it outright. Hedging Wagers Hedging is a big advantage offered up by live betting. Or if you bet on a head-to-head matchup but want to back out of it, you can possibly bet the other side.
These are examples of the benefits of paying attention to the race once it has started and monitoring potential hedges. While a lot will unfold once the race starts, you still want to have a pretty good idea of what to expect heading in. Before you place your live bets, have an idea of who you like to win beforehand, and then evidence you see during the race to supplement your decisions.
For example, if you like Kyle Busch beforehand and he falls behind early on, you might see that as a great opportunity to bet him at a better price than he was before the race. Understand the Race Implications Make sure that you understand the race implications, so that you know what each driver has on the line. NASCAR odds for each driver are commonly listed in one of two ways: with fractions or in the moneyline format.
Prop Bets Prop bets are particular racing situations that you bet on. They simply require you to bet on a specific occurrence, action or accomplishment such as qualifying pole position. Futures Betting NASCAR futures odds can also provide better value than your weekly wagers because there is a lot more unpredictability over a nine-month span. With large NASCAR odds changes later in the year, you may have an opportunity to hedge your bet to have a better chance of earning a profit.
Martin Truex Jr. A bet on him would give you two drivers in the finals that could earn you a profit.
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