Daytona 500 Odds: Hamlin, Larson, Blaney, Elliott Lead Pack

Denny Hamlin's looking to start the NASCAR season off on the right foot with another win in the Daytona 500. See who joins Hamlin among the pre-race favorites as the 2023 campaign gets set to kick off.

Last Updated: Feb 2, 2023 11:18 AM ET Read Time: 4 min
Denny Hamlin Daytona 500 NASCAR
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The 2023 NASCAR Cup Series season is about to kick off with the Daytona 500 on Sunday, February 19.

Denny Hamlin will look to find magic at Daytona again — where he won three times from 2016 to 2020 — but he's got company at the top of the odds board for the season's opening race.  

Here are the latest Daytona 500 odds ahead of the exhibition Busch Light Clash at the Coliseum this weekend.

Daytona 500 Odds

Driver Odds to Win
Denny Hamlin +1,200
Kyle Larson +1,200
Ryan Blaney +1,200
Chase Elliott +1,200
Joey Logano +1,400
William Byron +1,600
Ross Chastain +1,600
Kyle Busch +1,600
Bubba Wallace +1,800
Brad Keselowski +1,800
Austin Cindric +2,000
Tyler Reddick +2,000
Kevin Harvick +2,500
Christopher Bell +2,500
Austin Dillon +2,500
Alex Bowman +2,500
Ryan Preece +3,000
Ricky Stenhouse Jr. +3,000
Martin Truex Jr.  +3,000
Daniel Suarez +3,000
Chris Buescher +3,000
Chase Briscoe +3,000

Odds courtesy of DraftKings Sportsbook as of February 2, 2023.

Favorites to win the Daytona 500

Denny Hamlin (+1,200)

Hamlin's quest for his first Cup Series championship fell short again last year, but he at least gets to start each fresh season on a track he's used to dominating. 

Hamlin's a former three-time winner at Daytona, posting an average finish of 4.25 over an eight-year stretch from 2014 to 2021. 

Last year's season opener saw Hamlin flame out in 37th after a crash ended his day, and he'll be out for redemption, looking to start another title chase with a victory lap.

Kyle Larson (+1,200)

Larson, the 2021 Cup Series champ, put up another strong fight in what was a high-parity season overall, much unlike his dominant romp through the previous campaign. While he failed to recapture the magic of his 10-win 2021, he was one of the final playoff cuts before the Championship 4, and was among the Cup Series odds leaders all season.

And while Larson figures to be a contender yet again this season, Daytona hasn't been one of his better tracks, finishing no better than seventh in nine career 500 tries, with as many finishes in the thirties as the Top 10 (three).

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Ryan Blaney (+1,200)

Blaney's been a frequent contender at Daytona, with two runner-ups highlighting his slew of Top-10 finishes in the 500. 

He finished fourth last year, and will be hungry to seal a checkered flag after a 2022 campaign where his only win was in the exhibition All-Star Race. 

In fact, Blaney's last win in a points-paying race came here in 2021's Coke Zero Sugar 400, so at least he'll be on comfortable ground as he seeks another victory.

Chase Elliott (+1,200)

Elliott led the Cup Series championship odds for much of last season, but fell short in the finale, finishing last among the Championship 4 drivers.

He'll look to continue re-asserting himself atop the standings this season, and also seeking his first Daytona win. He finished second in 2020's 500, but has also logged many finishes in the 30s here, and isn't nearly as prolific a superspeedway driver as he is on road courses. 

How to bet on NASCAR

The most popular way to bet on NASCAR is by simply picking the winner of a race, which is also referred to as an outright. There are plenty of other ways to wager, including betting on whether or not a driver will finish in the Top 3 or Top 10 of a race.

Another popular betting option is head-to-head matchup betting, where sportsbooks pair up two drivers and you choose who you think will finish better in the race, which is far easier than trying to select someone to win out of a field of approximately 40 drivers. For tips on NASCAR betting check out our How to Bet NASCAR page.

Past Daytona 500 winners

Year Driver Manufacturer Grid
2022 Austin Cindric Ford 5th
2021 Michael McDowell Ford 17th
2020 Denny Hamlin Toyota 39th
2019 Denny Hamlin Toyota 10th
2018 Austin Dillon Chevrolet 14th
2017 Kurt Busch Ford 8th
2016 Denny Hamlin Toyota 11th
2015 Joey Logano Ford 5th
2014 Dale Earnhardt Jr. Chevrolet 9th
2013 Jimmie Johnson Chevrolet 9th

Denny Hamlin is one of four drivers with multiple Daytona 500 victories. Richard Petty leads the way with seven wins from 1964 to 1981. 

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