NASCAR Cup Series Odds: Hamlin, Hendrick Logjam at Top

Joe Gibbs Racing's Denny Hamlin continues to see-saw for NASCAR supremacy with William Byron and Kyle Larson of Hendrick Motorsports. Here's our latest NASCAR Cup Series odds update.

May 3, 2024 • 15:26 ET • 4 min read
Denny Hamlin NASCAR Cup Series odds
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Denny Hamlin held off a late bid from Kyle Larson to earn his third win of the season at Dover last Sunday, joining William Byron atop the board for most wins in 2024.

NASCAR odds have both Hamlin and Byron dueling for the lead with Larson right on their heels.

There's still 25 races to go in the battle for the Bill France Cup, but here is our latest NASCAR Cup Series odds update.

NASCAR Cup Series odds

Driver DraftKings BetMGM bet365 Caesars
Denny Hamlin +500 +450 +500 +400
William Byron +500 +500 +500 +450
Kyle Larson +500 +500 +500 +450
Christopher Bell +650 +700 +700 +850
Martin Truex Jr. +900 +1,000 +900 +1,000
Chase Elliott +900 +850 +900 +750
Ryan Blaney +1,200 +1,200 +1,200 +1,100
Tyler Reddick +1,400 +1,400 +1,200 +1,100
Ross Chastain +1,200 +1,600 +1,600 +1,600
Joey Logano +1,600 +1,400 +1,600 +2,000
Ty Gibbs +1,600 +1,800 +1,600 +1,800
Kyle Busch +2,000 +2,500 +2,000 +3,300
Brad Keselowski +2,500 +2,500 +2,500 +4,000
Chris Buescher +2,500 +3,000 +2,500 +3,500
Alex Bowman +3,500 +6,000 +3,500 +5,000
Bubba Wallace +4,000 +5,000 +4,000 +6,000

Odds as of 5-3-2024.

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NASCAR Cup Series favorites

Denny Hamlin (+400 to +500)

Hamlin has fallen to as low as +400 following his third victory of 2024 at Dover, though he had a mirror full of Larson at the wire. 

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 (+450 to +500)

Byron is part of a three-way tie at most sites with Hamlin and Larson despite wrecking at Dover. The 33rd-place result snapped a five-race streak of finishing seventh or better.

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 (+450 to +500)

Kyle Larson picked up his Cup Series-best fifth Top 5 of the year at Dover by running second to Hamlin.

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 (570) at this stage of the season.

Christopher Bell (+650 to +850)

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.

Owning a win over the course that the championship race will be contested on will loom large throughout the march to November, but he's understandably risen a couple of points across the board after failing to be much of a factor on a weekly basis since that March 10 victory.

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.

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