Last spring the U.S. Supreme Court struck down a federal ban on sports wagering. After that states like Rhode Island, Delaware, Mississippi, New
Jersey, Pennsylvania, West Virginia and New Mexico started allows people to wager on sporting events. Then the major sports leagues jumped on the band wagon with some rules. This season NASCAR is on board with some restrictions of course.
NASCAR is in line with other sports. Drivers and team members are banned from betting on races or disclosing confidential information. They are allowed to participate in fantasy sports relating to the three national touring series, Monster Energy NASCAR Cup Series, Xfinity Series and Gander Outdoor Truck Series, Drivers can’t accept prizes with a value of more than $250 in any games.
The Odds on favorites to win the NASCAR championship are Kevin Harvick and Kyle Busch at 5-1. Joey Logano, last season’s Cup champion, is 7-1. Harvick sits at 15-2 to win the Great American Race Sunday. Logano and Brad Keselowski are 8-1 to win Sunday’s 61st Daytona 500.
Sports books are even taking wagers on the Oscars for best picture, best costume design, best director, best actress and more. Some houses have set a limit of $500 on Oscar wagers.
My best bet is I will not be watching the Oscars. I’ll probably be cleaning my sock drawer.