NASCAR Cup Series Odds: Elliot, Larson Begin Chase for Second Season-Long Title

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Despite falling short at the end of 2022, Chase Elliot finds himself atop the odds board to win his second season-long title at +550. 2021 champion Kyle Larson trails just behind at +600 — check out the full NASCAR Cup Series opening odds below.

Last Updated: Jan 31, 2023 3:32 PM ET Read Time: 4 min
Chase Elliot NASCAR Cup Series odds
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A new year means a fresh NASCAR season is just weeks away, with the headlining Daytona 500 odds also around the corner. 

Last season saw Joey Logano claim his second season-long title, and while he's certainly in the mix to repeat at +1,200, he's not in the top tier of favorites.

We break down that top tier — including solo favorite Chase Elliot — and more in our full NASCAR Cup Series odds below.

NASCAR Cup Series odds

Driver Odds to win NASCAR Cup Series
Chase Elliott +550
Kyle Larson +600
Denny Hamlin +800
Ryan Blaney +1,000
Joey Logano +1,200
William Byron +1,200
Ross Chastain +1,200
Martin Truex Jr.  +1,200
Kyle Busch +1,200
Christopher Bell +1,200
Tyler Reddick +1,500
Kevin Harvick +1,800

Odds courtesy of DraftKings as of January 31, 2023.

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NASCAR Cup Series favorites

Chase Elliott (+550)

Elliott won the Cup Series in 2020 and is back atop the title odds board to open the 2023 campaign. He piled up five wins and 12 Top-5 finishes but ultimately fell short of his second Cup Series win in 2022. 

However, finishing inside the Top 4 in each of the last three seasons means another run at the title is likely in 2023. 

Kyle Larson (+600)

After completely dominating in 2021, Larson entered 2022 as a clear favorite to repeat but actually took a significant step back. Three wins compared to 10 and 13 Top 5s compared to 20 in 2021 resulted in just a seventh-place finish in the season-long standings. 

Either way, it's no surprise to see him near the top once again, albeit in a much tighter odds board. 

Denny Hamlin (+800)

Hamlin's 2022 campaign featured two wins among 16 Top 10 finishes and a fifth-place result in the Cup Series standings — add that up and you get his worst season since 2018. 

However, he's finished inside the Top 6 in six of the last seven seasons, making him an annual preseason favorite.

NASCAR Cup Series recent winners

Season Driver Wins
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
2013 Jimmie Johnson (6) 6

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.

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