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NASCAR Cup Odds: Larson The Preseason Favorite

Kyle Larson is the favorite in the NASCAR Cup championship odds

The 2022 NASCAR Cup season is quickly approaching and before you know it, we will be in the heat of the battle for another NASCAR Cup championship. Kyle Larson was the dominant driver in 2021 on the way to his first title and it’s only fitting that he’s the early favorite in 2022 NASCAR Cup championship odds.

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2022 NASCAR Cup Championship Odds

Online sportsbook Bovada has released its preseason 2022 NASCAR Cup championship odds with Larson set as the +275 chalk. He is followed closely by Chase Elliott at +400, Denny Hamlin at +750, William Byron at +750 and Kyle Busch at +800 to round out the top five drivers on the oddsboard.

With the above betting odds, a winning $100 wager on Larson to capture the championship would profit you $275. Our sports betting calculator tells us that a +275 betting line represents an implied win probability of 26.67 percent.

NASCAR Cup Championship Odds
Kyle Larson+275
Chase Elliott+400
Denny Hamlin +750
William Byron+750
Kyle Busch+800
Martin Truex Jr.+800
Ryan Blaney+1000
Joey Logano+1400
Kevin Harvick+1400
Alex Bowman+1800
Christopher Bell+2000
Brad Keselowski+2200
Kurt Busch+2800
Tyler Reddick+4000
Austin Cindric+8000

Odds as of January 4 at Bovada

Not familiar with betting on NASCAR? Don’t worry, we have put together a betting tutorial to help you get in on the action.

Why Is Kyle Larson The Favorite In NASCAR Cup Championship Odds?

Kyle Larson was outstanding in his return to NASCAR following a suspension of nearly a year in 2020. The eventual champ finished outside the top 10 in only 10 of 36 races last season. He also won 10 races, six more than any other driver in the Cup Series.

In any major category, Larson was at the top of the list, with the most wins, top-five finishes, top-10 finishes, laps led and stage wins. So understandably, with that sort of dominance, it’s no mystery why sportsbooks would list the No. 5 car atop the NASCAR Cup championship odds.

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NASCAR Cup Odds: Value Picks

While it is hard to bet against Larson at this point in the game, with a new NASCAR Cup car being debuted this year, it really could be a good season for a sleeper pick. I’m looking at two drivers who are providing better value for 2022. 

Kevin Harvick +1400

In 2020, Harvick was a dominant force, particularly in the regular season when he won seven races and had 17 top-five finishes in 26 races. He had a bad Round of 8 that year and failed to advance to the Championship 4. 

One year later, Harvick failed to pick up a single victory, though he did have the second-most top-10 finishes with 24, two behind Larson. Clearly without the strongest car, the 2014 champion still finished fifth in the final standings, so I think his team will want to put together a better car this year and he will be more competitive. 

Christopher Bell +2000

We saw a big improvement in Christopher Bell’s second season. He picked up his first win and had five more top-five finishes and nine more top-10 finishes than he did the previous year. He also had an average finish of nearly five positions higher in his sophomore campaign.

I think the 2017 NASCAR Camping World Truck Series champion is a really smart driver, always improving, and is on a strong Joe Gibbs team with teammates Denny Hamlin, Kyle Busch and Martin Truex Jr. assisting him and guiding him.

He will need another large improvement in his third season and if he manages that, I think Bell is providing really good value at +2000, especially with all the drivers on a somewhat level playing field with the new car package.