The 2024 NASCAR Cup Series season has been all about the Hendrick Motorsports vs. Joe Gibbs Racing rivalry. Chase Elliott snapped a 42-race losing streak dating back to 2022 in a victory at Texas last Sunday, giving Hendrick its fifth win from nine races. William Byron is responsible for three of those wins (Kyle Larson has the other), earning triumphs on a superspeedway (Daytona), road course (COTA), and short track (Martinsville).
But Joe Gibbs Racing hasn't gone away quietly, with Denny Hamlin winning twice and Christopher Bell winning once. Hamlin is the consensus favorite at the books we are monitoring in this market.
The battle for the Bill France Cup is just beginning with 27 races still ahead, but here is our latest NASCAR Cup Series odds update.
NASCAR Cup Series odds
| Driver |  |
 |
 |
 |
|---|---|---|---|---|
| Denny Hamlin | +450 | +525 | +500 | +450 |
| William Byron | +475 | +525 | +500 | +475 |
| Kyle Larson | +500 | +500 | +500 | +500 |
| Christopher Bell | +650 | +625 | +700 | +600 |
| Martin Truex Jr. | +900 | +900 | +900 | +1,000 |
| Chase Elliott | +900 | +1,000 | +900 | +900 |
| Ryan Blaney | +1,000 | +1,200 | +1,200 | +1,000 |
| Joey Logano | +1,400 | +1,600 | +1,600 | +1,800 |
| Ross Chastain | +1,400 | +2,000 | +1,600 | +1,800 |
| Tyler Reddick | +1,600 | +1,500 | +1,600 | +1,600 |
| Ty Gibbs | +1,600 | +1,400 | +1,600 | +1,800 |
| Kyle Busch | +1,800 | +2,000 | +2,000 | +2,500 |
| Brad Keselowski | +2,200 | +2,500 | +2,500 | +2,500 |
| Chris Buescher | +2,200 | +2,500 | +2,500 | +3,500 |
| Alex Bowman | +3,000 | +6,000 | +3,500 | +5,000 |
| Bubba Wallace | +4,000 | +4,000 | +4,000 | +5,500 |
Odds as of 4-17-2024.
Best NASCAR bonuses
New Users
No-sweat first bet up to $1,000
If your first bet doesn’t win! Claim Now
New Users
Get a no-sweat first bet
Up to $1,500! Claim Now
Eligible USA locations only. Also, see our full list of best sportsbook promotions for 2024.
21+. Gambling Problem? Call 1-800-GAMBLER
NASCAR Cup Series favorites
Denny Hamlin (+450 to +525)
Following his second win of the season at Richmond, Hamlin dropped anywhere from one full point to 1.5 points across the board. Strangely, he took a similar drop in odds following an 11th-place result at Martinsville, and his descent in price continued even in defeat at Texas. In fairness, he was going good and spun out trying a pass for the lead en route to a 30th-place result last Sunday.
Hamlin produced another solid season in 2023 with three wins and 14 Top 5s with 998 laps led, but time is running out for the 43-year-old driver to capture that elusive championship.
William Byron (+475 to +525)
Byron's odds remained static after a third-place result at Texas, though he went from having at least a share of the lead at three sportsbooks to just one heading into Sunday's race at Talladega.
Byron's versatility has been on full display in 2024. Though he's only sixth in laps led to this point, he was second in laps led in 2023 while ranking first in wins, Top 5s, Top 10s, and average rating.
Kyle Larson (+500)
Kyle Larson picked up his fourth Top 5 of the year at Martinsville by running second to his Hendrick Motorsports teammate. Only Byron and Ryan Blaney can boast that many Top 5 finishes so far in 2024. Larson seemingly had a Top-5 car at Texas, but after losing a wheel and suffering a two-lap penalty, Larson was unable to get back to the front.
Larson dominated proceedings at Las Vegas — one of the staple 1 1/2-mile ovals on the NASCAR circuit and also a playoff venue — earlier this year. The No. 5 Chevrolet pilot is tops in laps led (531) at this early stage of the season.
Christopher Bell (+600 to +700)
Oddsmakers varied in their approach to resetting the title odds following Christopher Bell's breakthrough at Phoenix, with some slashing his odds almost in half while others dropped him just a point or two while bringing some of his competition closer to him.
He took another small step down across the board following a late-closing runner-up result at COTA, but he gave back some of that ground he made up at a couple of sportsbooks following a non-threatening sixth-place finish at Richmond. His odds have finally settled down even after a pair of mediocre results at Martinsville (35th) and Texas (17th).
Owning a win over the course that the championship race will be contested on will loom large throughout the march to November.
NASCAR Cup Series recent winners
| Season | Driver | Race wins |
|---|---|---|
| 2023 | Ryan Blaney | 3 |
| 2022 | Joey Logano (2) | 4 |
| 2021 | Kyle Larson | 10 |
| 2020 | Chase Elliott | 5 |
| 2019 | Kyle Busch (2) | 5 |
| 2018 | Joey Logano | 3 |
| 2017 | Martin Truex Jr. | 8 |
| 2016 | Jimmie Johnson (7) | 5 |
| 2015 | Kyle Busch | 5 |
| 2014 | Kevin Harvick | 5 |
NASCAR Cup Series betting trends
- Repeat winners are quite common. Dating back to 1993, 16 of the past 30 winners have been previous Cup Series champions.
- Hendrick Motorsports has been the most prolific team recently, with a driver winning four times in the past decade, including both 2020 and 2021.
- Likewise, Chevrolet has been the best manufacturer, with its cars taking five of the last 10 Cup Series titles, including HMS' wins and Kevin Harvick's 2016 title for Stewart-Haas.
NASCAR Cup Series Odds FAQs
Denny Hamlin is favored to win the NASCAR Cup Series.
Ryan Blaney won his first NASCAR Cup Series title in 2023.
Kyle Busch won the Cup Series in 2015 and 2019, and is +1,800 to win it in 2024.
