- NASCAR hopes that the addition of in-race betting to their sport will expand their fan base.
- If the introduction of in-race wagers is successful, they plan to expand to more states for the 2020 season.
- The South Point 400 will be the first to see in-race betting action in the history of the sport.
LAS VEGAS – On Sunday, NASCAR’s South Point 400 will debut in-game wagering on races at select legal sportsbooks. Sportsbooks in Iowa, Mississippi, Nevada, and New York have developed partnerships with NASCAR to be able to offer in-race betting to their patrons. Genius Sports Group will be in charge of giving each of the sports betting facilities proper up to date data on the races for all in-race wagers.
This new form of betting will allow for fans of NASCAR to place wagers on things such as the number of passes on the racetrack, the fastest lap times for each lap through the duration of the race, and how many times there will be lead changes, as well as which driver will be making those changes. Those are just a couple of bets that will be up for live betting this weekend.
In-race wagers will allow for multiple bets with each lap of a race and the statistics and data will change constantly, allowing bettors to make quick bets while watching the races.
“In-race betting, in particular, can be 70-75% of all bets placed,” said Scott Warfield, NASCAR’s managing director of gaming told US Bets. “Every lap can be a betting opportunity.”
Live in-game betting has been hugely popular among sports bettors, but NASCAR fans never had the opportunity to enjoy it at legal sportsbooks. While wagers on races can be made before the event starts, never before was in-game wagering allowed on races. Now since the repeal of PASPA in 2018 and states opening up legal sportsbooks on a state-to-state basis, NASCAR decided in May that they wanted to offer their loyal fans a new form of legal wagering.
The very first in-race bets can be placed on Sunday at the South Point 400. The race begins at 7 p.m. EST live from the Las Vegas Motor Speedway, and bettors can place wagers in Las Vegas or at select locations including Resorts World Catskills (New York), Q Casino (Iowa), and Pearl River (Mississippi). The race will be televised by the NBCS network. Slated to win the race is Kyle Busch with odds of +450.
News tags: Dale Earnhardt Jr. | Genius Sports Group | Iowa | Kyle Busch | Las Vegas | Las Vegas Motor Speedway | Las Vegas Playoff race | Mississippi | NASCAR | NBCS | Nevada | New York | PASPA | Scott Warfield | South Point 400
Christina has been writing for as long as she can remember and does dedicated research on the newly regulated sports betting market. She comes from a family of sports lovers that engage in friendly bets from time to time. During the winter months, you can find Christina baking cookies and beating the entire staff at Mario Kart…the N64 version of course.