Tuesday, March 5, 2013

Determining the odds for car races wagers

By Jeff Smith


Each NASCAR event draws many fans to watch the cars race.

Auto racing has its roots back in the 19th century. 1894 is the year when the first race was witnessed in Paris, France. from here, the sport then spread to the US. The first race was witnessed in the state of Illinois and the winner took 10 hours to complete it.

William France, Senior, on February 21, 1949. The first race took place at Daytona Beach, where they been racing ever since. In those days, stock cars not part of the races, simply because the manufacturers were not able to produce an accident to keep up with post-World War II demand. The first NASCAR race outside the United States was held in Canada. The race was held at Stanford Park, Ontario, July 1, 1952. Today, NASCAR is as popular as ever thousands of people attending those events every year.

NASCAR has chased the NHL out of fourth place as a major sport. Like most major sports, gambling has become a major part of that industry The biggest reason is the ease in gambling on NASCAR.

Currently there are three different bets that a gambler can make on a NASCAR race. The first one is a bet on a particular driver to win the race. The other bet is that the driver will come amongst the first three. And finally a bat that adequate driver will finish above another driver. Most of the arts are listed as Moneyline odds. As an example, depending on the lines, every $10 bet on particular driver might yield $20. The other example happens when you bet $10 on another driver and you get back $70 in return.

Some races may have an entry referred to as a field. The field has other drives that are not the ones listed in the sports books. These particular drivers are not good bets.

You stand to get lower odds if you are betting on your driver to finish at the top three The reason for this is that the sports book must pay out three winning bets rather than one. That would depend on how they are listed. As an example, if Jeff Gordon is a -140, that would have to risk $14 just to win $10 that Jeff Gordon would be the first. Another example would be if Jeff Burton is listed at +100, that would be asked to risk $13 to win $10 that Jeff Burton would finish above the other drivers. Another example is Jeff Burton, listed at +100; the player will be required to risk $13 in order to gain $10.

The process is simple, and that means many betters can catch on quickly. That translates to a lot more betting on NASCAR. You can imagine, this is one more reason to go Las Vegas or to visit legal sports betting organizations.




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