The 2024 NASCAR Cup Series season is upon us, because the green flag drops on the Daytona 500 on Sunday.
Each week, we’ll see 40 drivers take their shot at a race win and an elusive spot within the playoffs.
The newest 2024 championship odds feature three drivers at the highest, with defending champion Ryan Blaney, Kyle Larson, and William Byron sitting at +550 on FanDuel.
The opposite top contenders include Denny Hamlin (+750), Chase Elliott (+850), Martin Truex Jr. (+900) and Christopher Bell (+900).
NASCAR’s Next-Gen automotive has brought parity to the game, making it an amazing time to search out value within the betting market.
As we examine the 2024 landscape, a number of bets have caught my eye for immense value.
NASCAR Cup Series champion
Joey Logano (12/1, FanDuel)
When you consider in narratives and trends, Logano must be a simple championship pick for 2024. Since NASCAR implemented the 16-driver playoff field in 2014, Logano has never missed the Championship 4 in a fair yr.
Logano is coming off a down season, but he should rebound with a powerful performance. From 2018 to 2022, he finished top-five within the standings 4 times, including a pair of championships.
He’s also proven to be one of the crucial clutch drivers within the series. Logano wasn’t one of the best driver in 2018 or 2022, but he stepped up within the playoffs and grabbed the championship.
The 33-year-old veteran watched his teammate win the championship last season. He’ll have much motivation through the regular season, and his strong playoff performance should put him in contention for a 3rd title.
Ross Chastain (20/1, Caesars)
There’s no higher value on the board than Chastain to win the championship at 20/1. Chastain got here out of nowhere to grow to be a legit contender in 2022, ending second to Logano.
Chastain led the standings through 14 races last season, but his aggressive driving style caused controversy. It appeared like he modified his approach, resulting in a disappointing second half.
Still, he showed potential within the playoffs and won the season finale at Phoenix. His success at Phoenix is crucial since the championship at all times seems to return all the way down to the ultimate race. Chastain has finished top-three in three of his last 4 starts on the track.
There’s no way someone of Chastain’s caliber must have the 14th-best championship odds. I like the 20/1 price and would bet it all the way down to 14/1.
To make Championship 4
Alex Bowman (+850, BetMGM)
Bowman drives for one of the best team in Hendrick Motorsports but is commonly the forgotten fourth driver. He had an amazing begin to the 2023 season, leading the points after six races. Unfortunately, a back injury forced him to miss three races.
He just wasn’t the identical in his return, but 2024 marks a fresh starting. Last season, Bowman and recent crew chief Blake Harris looked like surprise contenders. I feel they will recapture the early-season success and proceed it throughout 2024.
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Bowman’s teammates are three of the championship favorites, but I’m not ruling out a Championship 4 appearance. He nearly made it in 2020, then had a four-win season in 2021.
Bowman has won at two of the three Round of 8 tracks. If he can remain consistent throughout the season, he has a likelihood to surprise individuals with a Championship 4 appearance.
Driver win-total prop
Chase Elliott Over 2.5 wins (+140, BetMGM)
Like teammate Bowman, Elliott also missed time last season with a leg injury. He wasn’t bad in his return but nothing near his potential as he missed the playoffs for the primary time.
I feel last yr was an outlier for Elliott, because the 2020 champion won multiple races from 2018 to 2022. The 2021 season is the one time he did not win three races in that stretch.
I’m backing Elliott for his road-course prowess and success within the Next-Gen automotive. Elliott captured seven road-course wins in 11 races from 2018 to 2021. It’s surprising he hasn’t won on a road course since, but he’s led a ton of laps.