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Wide Open Field For the 2020 Daytona 500

2020 Daytona 500 Betting Odds

The biggest race on the Monster Energy NASCAR Cup Series schedule is the Great American Race, the Daytona 500. Denny Hamlin is the defending champion, winning the season opener last year for the second time in his career, and you can find him at the top of the oddsboard to win consecutive Daytona 500s. 

Online sportsbook Bovada has Hamlin leading the way at +900 followed by Brad Keselowski at +950, Joey Logano at +1000, Kyle Busch at +1000, Chase Elliott at +1200, Kevin Harvick at +1200, Martin Truex Jr. at +1300, Ryan Blaney at +1600, Kurt Busch at +1800 and Ricky Stenhouse Jr. at +1800 to round out the top 10 drivers on the oddsboard.

Which Of The Top Four Favorites Has The Best/Worst Value?

Starting off, Brad Keselowski represents the worst value among the top four favorites. Although he won the July race at Daytona in 2016, he has led just 38 laps over his 10 Daytona 500 starts. Additionally, Keselowski has crashed in four of his last five races at this track and has just one top-10 finish in his last 11 runnings there – that one top-10 finish was his win, though.

History doesn’t exactly support my claim but of the four drivers, Denny Hamlin to repeat is the best value. There have been just three drivers to win back-to-back Daytona 500s and they are Sterling Marlin and Hall of Famers Richard Petty and Cale Yarborough, with Marlin the most recent in 1994 and ’95. That said, Hamlin has finished inside the top 10 in seven of his last 12 runnings at Daytona, has had an average finish position of 4.67 in his last six Daytona 500s and has won two of the last three.

Stenhouse Jr. Collects First Pole of 2020

After laying down the fastest lap in qualifying on Sunday, Ricky Stenhouse Jr.’s odds dropped sharply from +2800 to +1800. Is this an opportunity to cash in on the man leading the charge for the opening green flag? I wouldn’t be chomping at the bit to get a ticket on Stenhouse – there has been just one driver to win at Daytona from the pole over the last 18 runnings and that was Dale Earnhardt Jr. in 2015. Additionally, there hasn’t been a Daytona 500 winner who started on the pole since Dale Jarrett in 2000.

The pole doesn’t really mean much on these superspeedways, like Talladega, since the leader and the 20th-place driver can at times be separated by fewer than two seconds. Stenhouse obviously has a quick car but it’ll be interesting to see how he performs in traffic. All in all, don’t get too excited over the pole for the Daytona 500.

Which Driver is Providing Better Value Than the Favorites?

A sleeper pick I think is worth putting a small wager on to win the 2020 Daytona 500 is William Byron at +1800. Byron hasn’t had a lot of luck at Daytona, crashing in two of his four races there, but he has led 60 laps and had the pole for last year’s Great American Race. Additionally, he will be starting in the 4 spot when the green flag flies after grabbing the checkered flag in the second of the two Duels on Thursday. 

In last year’s July running, he had a second-place finish, albeit in a rain-shortened race. Entering his third full season, I have high hopes for the 22-year-old and it should all start at the Daytona 500.

Here’s a look at the full list of odds to win the 2020 Daytona 500:

Odds to Win the 2020 Daytona 500
Denny Hamlin+900
Brad Keselowski+950
Joey Logano+1000
Kyle Busch+1000
Chase Elliott+1200
Kevin Harvick+1200
Martin Truex Jr. +1300
Ryan Blaney+1600
Kurt Busch+1800
Ricky Stenhouse Jr.+1800
William Byron+1800
Jimmie Johnson+2000
Aric Almirola+2200
Clint Bowyer+2200
Erik Jones+2200
Alex Bowman+2500
Kyle Larson+2600
Matt DiBenedetto+2600
Austin Dillon+3300
Ryan Newman+3500
Christopher Bell+5500
Christopher Bell+5000
Cole Custer+5500
Darrell Wallace Jr.+5500
Ross Chastain+5500
Tyler Reddick+5500
Chris Buescher+6000
Ty Dillon+6600
John H. Nemechek+7700
Michael McDowell+7700
Ryan Preece+7700
Daniel Suarez+9900
Reed Sorenson+9900
David Ragan+10000
JJ Yeley+10000
Quinn Houf+12500
Timmy Hill+12500
BJ McLeod+15000
Brennan Poole+17500
Corey LaJoie+17500
Joey Gase+17500
Justin Haley+17500

Odds as of February 16 nbsp;courtesy of BetOnline