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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 tied with Brad Keselowski, Chase Elliott and Joey Logano atop the oddsboard to win this season’s race.

Online sportsbook BetOnline has a four-way tie between Keselowski, Elliott, Hamlin and Logano as the favorites at +1000, followed by Kevin Harvick, Kyle Busch and Ryan Blaney at +1400 and Alex Bowman, Clint Bowyer, Kurt Busch and Matt DiBenedetto at +2000 to round out the top drivers on the oddsboard.

Which Of The Four Favorites Has The Best/Worst Value

Starting off, Brad Keselowski represents the worst value among the 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 to do so 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.

Which Driver is Providing Better Value Than the Favorites

A sleeper pick who I think is worth putting a small wager on to win the 2020 Daytona 500 is William Byron at +2200. 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. In the 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
Brad Keselowski+1000
Chase Elliott+1000
Denny Hamlin+1000
Joey Logano+1000
Kevin Harvick+1400
Kyle Busch+1400
Ryan Blaney +1400
Alex Bowman+2000
Clint Bowyer+2000
Kurt Busch+2000
Matt DiBenedetto+2000
Aric Almirola +2200
William Byron+2200
Martin Truex Jr.+2500
Jimmie Johnson+2800
Ricky Stenhouse Jr.+2800
Christopher Bell+3300
Cole Custer+3300
Erik Jones+3300
Kyle Larson+3300
Ryan Newman+3300
Austin Dillon+4000
Chris Buescher+4000
Tyler Reddick+4000
Darrell Wallace Jr.+6600
Ross Chastain+6600
Ryan Preece+6600
Ty Dillon+6600
Michael McDowell+8000
John Hunter Nemechek+10000
Landon Cassill+10000

Odds as of January 16 courtesy of BetOnline