Top Crypto Sites for Betting on the NASCAR Cup Series

The NASCAR Cup Series is a top racing competition run by the National Association for Stock Car Auto Racing. It features exciting events on different tracks across the United States. In this series, drivers compete in qualifying and elimination races to try to win the championship title.

If you want to bet on this competition, this guide will help you get started, including how to use cryptocurrency for your bets. We’ll look at the different types of bets, how to read betting odds and the benefits of using crypto for betting.

What is the NASCAR Cup Series?

The NASCAR Cup Series is one of the three main auto racing series organized by the National Association for Stock Car Auto Racing. It is the highest level of racing, alongside the NASCAR Xfinity Series and the NASCAR Craftsman Truck Series.

This series features races across the United States on various tracks, including short tracks, intermediate tracks, superspeedways, and road courses.

In the Cup Series, 16 drivers compete in the qualifying round. Then, there’s an elimination round where the field narrows down to the top 12 drivers, then to 8, and finally to 4 drivers who will compete in the Championship race. The driver who finishes the best in this final race will be crowned the Champion.

How to Bet on the NASCAR Cup Series Using Crypto

Betting on the NASCAR Cup Series might seem difficult initially, but once you follow these steps, you’ll likely find it easy and enjoyable, especially if you’re new to it.

First, sign up at a sportsbook website. Make sure it’s a safe site that accepts crypto. We’ve listed some recommended sites for you to explore below.

Next, set up a crypto wallet (like Bitcoin, Litecoin, Ethereum & more) if you don’t have one yet. Then, create an account with a cryptocurrency exchange so you can convert your real-world money into cryptocurrency and send it to your wallet. After that, you can deposit it into your sportsbook account.

Finally, you’re ready to bet on your favorite drivers, but don’t forget to make your picks for the NASCAR Cup Series!

Types of Bets to Explore in Auto-Racing

When engaging in auto racing betting, particularly on events like the NASCAR Cup Series, it’s essential to understand the various types of bets available. Here are some of the most popular betting options to consider:

Futures

Future bets allow you to wager on outcomes of events that will occur in the future, typically weeks or months ahead. This type of bet is ideal for predicting long-term results, such as which driver or team will win the championship at the end of the season.

Head-to-Head Betting

In this betting option, you select which of two specific competitors you believe will perform better in a particular race. This option focuses on the matchup between those two competitors rather than the overall outcome of the event, making it a strategic choice for bettors.

Outright Bets

These are similar to futures, but their main difference is timing. Outright bets are placed on the winner of an event at any time, while futures are long-term bets made well before the event, which will happen weeks or months later.

Moneyline

These are straightforward wagers on who will win a race or match. Often referred to as “to-win” bets, they focus solely on selecting the winner without regard to the margin of victory. This simplicity makes moneyline betting a popular choice among newcomers.

Props

Proposition bets, or prop bets, center on specific events within a race that do not directly influence the outcome. You can wager on occurrences such as which driver will finish the first lap or whether a particular event will happen during the race. This type of betting adds an extra layer of excitement and variety to the wagering experience.

Understanding American Betting Odds

Before making a decision, it’s important to look at the betting odds from different websites. This will help you figure out which driver is most likely to win and how much you want to bet on that driver. This type of betting is known as a moneyline bet.

Make sure you know how to read the odds on different crypto sites. For example, the image below uses American Odds because of the positive signs. Some options will also have negative signs.

If the odds have a positive sign, it means that option is an underdog, and the number shows how much you can win if you bet $100. If the odds have a negative sign, it means that the option is a favorite, and the number shows how much you need to bet to win $100.

Additionally, you can also check the past performances of the drivers on the racing track. This information can give you a better idea of their chances and help you make a more informed choice.

Why Use Crypto in Betting?

The use of cryptocurrency has become popular in many sportsbooks. One of the main reasons to use crypto is security. Secure transactions are essential with the help of other benefits, such as anonymity with faster, and smoother processing of deposits and withdrawals.

Another advantage is global accessibility. With cryptocurrency, you can place bets from anywhere in the world, thanks to its flexible crypto options available. Additionally, using crypto often means lower fees, making it more cost-effective compared to traditional currencies. 

This combination of security, convenience, and affordability makes cryptocurrency a great choice for sports betting.

Top Crypto Sports Betting Sites for the NASCAR Cup Series Championship

Here are the best crypto sports betting sites to help you start placing your bets. Choosing any of these platforms will ensure you get the most benefits.

Final Thoughts

Betting on sports like the NASCAR Cup Series brings excitement not just to fans in the United States, but also around the world. By learning about the different types of bets and how to read betting odds, you can have a rewarding experience.

Using cryptocurrency adds even more benefits, along with our trusted crypto sports betting sites, making it a fun and exciting way to support your favorite racers in the competition. Happy betting and good luck!