Posts Tagged ‘odds-making’

postheadericon Figuring the odds for NASCAR wagers

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

Racing of cars draws its history back to the 19th century. The foremost race took place in Paris, France back in the year 1894. The sport then spread to the united states much later.First race in the United States was in Illinois, and it took the winner 10 hours to complete.

William France, Senior came up with the idea of NASCAR and founded it on 21 February 1949 founded NASCAR.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. Canada was the first country to host a NASCAR race outside the US.The race was held at Stanford Park, Ontario, July 1, 1952. The popularity of NASCAR has increased today with many people featuring in these races

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 industryPart of the reason is because it is so easy to gamble on NASCAR.

Presently, there are three bets a gambler can place on in a NASCAR race One bet is for a specific driver to win a race The other bet is that the driver will come amongst the first threeAnd finally a bat that adequate driver will finish above another driver. Moneyline odds lists most of the arts. You can take an example whereby every $10 bet on a particular driver yields $20. For example, Where, for another driver every $10 bet might yield $70.

Some races will include any entry called “field.The field consists of every other driver besides the ones listed in the sports book. On the real, these are the drivers that you should avoid betting on

You stand to get lower odds if you are betting on your driver to finish at the top threeThe reason for this is that the sports book must pay out three winning bets rather than one. This depends on their listing.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 easy hence betters can get used to it fast enough. This means that more people will be betting on NASCAR.You can imagine, this is one more reason to go Las Vegas or to visit legal sports betting organizations.

I am a car enthusiast who really enjoys writing about cars and automotive repair. Some of my favorite posts are ze912 review and here.