NASCAR is America’s favorite sport within its category. Each time those cars are hurling themselves at intense speeds around that circular track, millions tune in. While Maryland hasn’t run its own races since the famous 1960s races around the Beltsville Speedway, those living in the state love the sport. So, it should come as no surprise that NASCAR betting in Maryland is wildly popular. So, we figured we would talk to you a little bit about it.
Info on how to bet on NASCAR in MD
So, what are we going to cover on this page? Well, you can think of this as your NASCAR betting guide. We are going to tell you how you can get started with betting. We are going to tell you about the types of bets available. We are even going to tell you how to read the odds. So, if you have never bet on Nascar before, you will certainly know what to do by the end of this page.
Best sportsbooks for NASCAR betting in Maryland
Your first job is to track down a sportsbook that offers Motorsports betting in Maryland with NASCAR odds. Thankfully, most of the ones in Maryland should do so. The tricky part is actually choosing a quality NASCAR betting site. When we are hunting down sites, we like to look at the following:
- The betting odds. After all, we want to win more. This means that we want the best betting odds.
- The types of bet available. Prop bets are great for NASCAR betting in Maryland. It can really help to increase your winnings, albeit with more risk.
- Whether live betting in Maryland is available.
- The bonuses that are available.
Often, this can result in having to go through dozens of sportsbooks. It isn’t uncommon for somebody to be signed up to 2 or 3 different betting sites. It helps to ensure that they always get the best odds, which is exactly what gamblers want.
To save you a bit of time, check out these five Maryland online sportsbooks. These are where we gamble, and we reckon that you are going to have an awesome time there. All of these sites fulfill the criteria that we gave you above. They also are much-loved by the gambling community in our fine state:
FanDuel NASCAR odds
Fanduel offers tremendous NASCAR betting odds. For many races, they may even offer enhanced odds, which will allow you to boost the amount of cash that you can win.
Pointsbet NASCAR lines
Pointsbet offers countless of betting markets. This includes a ton of prop bets (more on those in a short while), all backed up with some stellar betting odds.
BetMGM NASCAR bets
BetMGM is a global brand. One of the reasons why they are so successful is because they have always gone to huge lengths to offer some of the best odds in the business. So check out BetMGM, and you may be surprised at how much money you can make from even the simplest of Moneyline odds.
The Barstool Sportsbook is all about bonuses, enhanced odds, parlay bets, etc. But, if you want to dabble in the NASCAR futures market, then Barstool offers some of the best odds for that too.
Draftkings NASCAR betting
This is where you want to be if you love the idea of mobile betting. While all of the sites that we listed offer NASCAR mobile gambling, the Draftkings app is one of the best. This is great if you love to relax in front of a TV while you are watching a race.
Betting on NASCAR in Maryland
To be honest, getting started with NASCAR betting in MD is probably not going to be all that complicated for many reading this. We all know how betting works. We place a bet on something; if it wins, we get some cash and end up with a huge smile on our faces.
If it loses, then, well, we get sad a little bit and (hopefully) move on. So betting really isn’t a stranger to most people, even if online betting is new to the state. We want to focus on the main things you need to do to make your first NASCAR bet. This means:
- Choosing a Sportsbook
- Knowing the types of NASCAR bets that exist
- How to read betting odds work
This is because while many of you may be familiar with betting, some may not be familiar with the whole idea of betting online or even the fact that you can bet on more than just the winner of a race.
We are going to go through each of these steps one by one, so you will have a solid idea of how everything works.
Types of NASCAR Bets
It is time for us to go through the actual bets that you could make. Thankfully, the world of NASCAR betting isn’t all that difficult to understand. Most of it is going to be centered on Moneylines and Place Bets.
This is probably the type of bet that you are going to be most familiar with. You are just betting on the winner of the race. Nice and simple. It is perfect for new NASCAR sports gamblers.
Place bets are similar to moneylines. Although, you aren’t really betting on somebody to win the race. When you place a place bet, you are betting on them to finish within a range of positions. This will normally be positions 1-3, but someplace bets can go as high as positions 1-10. These bets carry less risk than standard money line bets, but they have far fewer rewards.
Prop bets in Maryland are where you bet on anything happening that isn’t related to the final outcome of the race. For example, the following are potential prop bets:
- The number of crashes
- How many laps will be driven under caution
- How many drivers will pull out
Some people may call prop bets ‘side bets’. These bets are riskier but deliver huge rewards.
NASCAR Betting Match Ups
There are a lot of cars in a NASCAR race. Betting matchups tend to focus on just two to four of them. With this type of bet, you are essentially running a mini race between these drivers. You are betting on which one will have a higher position.
Futures bets are where you are betting on something happening beyond this race. For example, who will be NASCAR Champion or which manufacturer will win the most races over the course of a season.
Live betting is where you are betting while the race is in action. It will cover many of the types of bets in this section. Although, you may want to remember that not all sites will offer live betting.
How odds work for NASCAR betting in Maryland
Now you know the betting types, you need to know how betting odds work. This is the last piece of the puzzle before you can start to bet on NASCAR in Maryland.
Most Maryland online gambling sites will use something known as ‘American Odds,’ so that is what we want to focus on here. You may also find decimal odds and fractional odds. All systems just provide a different way to read the chances of a bet coming through.
You will know you are dealing with American betting odds if you see a number with a +/- before it. In the case of NASCAR betting, it is likely going to be just a +. So, the following would be American odds:
We are sure you get the picture.
The higher the number is after a +, the less likely that bet is to come through. We won’t talk about how to read – odds, because it won’t appear much in NASCAR due to the number of drivers out there on the track.
The number is essentially what you would win if you bet $100. So, if the number is +200, you would win $200 from a $100 bet. If you bet $50, then you would win $100. Simple stuff!
As you bet more on NASCAR, you will find it becomes easier to read odds.
Summing up NASCAR betting in Maryland
NASCAR betting in Maryland is a great way to inject a bit of excitement into the sport. Once you have found a decent sportsbook to gamble with, get stuck into those Moneyline bets. Who knows, you may end up walking away with some cash from betting on the Daytona 500 while in MD!
FAQ’s About Nascar Betting in Maryland
Are betting bonuses available for NASCAR betting in Maryland?
Most betting bonuses that you find can be used for NASCAR betting. Make sure that you read the terms and conditions for any betting bonus to know whether it is available on the bet that you want to make, though.
Is it legal to gamble on NASCAR in Maryland?
Yes. It is 100% legal to gamble on NASCAR in MD. Although, you will want to ensure that you choose a site that has a license to operate in the state. While it is legal to gamble on sporting events in Maryland, not all sites will be able to legally offer that service to Maryland residents.
Do you get your stake returned if you win a bet?
Yes. Your initial stake is always returned. This is on top of the winnings for your bet. So, for example, if you saw fractional odds of 2/1 and bet $100. You would get back $300. Again, this is your stake, plus your winnings.
How do you choose an online betting site for NASCAR?
It depends on what you want from a site. We like to be signed up to multiple online betting sites. This way, we can always benefit from the best odds, best bonuses, and best betting options. Just make sure that the place that you select is reputable, and you should be fine.
Can you withdraw winnings instantly?
It depends on the sportsbook. However, generally speaking, no. It will often take 2-3 days for you to be able to receive any cash that you withdraw. So, don’t expect to win thousands on your NASCAR bets and then go partying with your winnings that same night!