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Chase Elliott, Denny Hamlin, Ryan Blaney Leading the Way as the Early Daytona 500 Favorites

We’re more than a month away from the Daytona 500, but sportsbooks already have the race in their sights. They’ve picked out three favorites to win the Daytona 500, all of whom finished top 10 in the standings last season.
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Chase Elliott, Denny Hamlin, Ryan Blaney Leading the Way as the Early Daytona 500 Favorites

We’re more than a month away from the Daytona 500 at Daytona International Speedway in Daytona Beach, Florida, but sportsbooks already have the race in their sights. They’ve picked out three favorites to win the Daytona 500, all of whom finished top 10 in the standings last season.

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Click here for the latest Daytona 500 odds

Daytona 500 Odds

Denny Hamlin, Chase Elliott, and Ryan Blaney are all given +1200 odds to win the race. Hamlin is a Daytona star, he’s won the race three times including back-to-back in 2019 and 2020. Neither Blaney nor Elliott has ever won the race, although both have second-place finishes.

Perhaps the drivers would rather avoid a good finish. Over the last three years, it’s been better to start poorly than well. Of the 12 drivers to make it to the championship race, only five finished in the top 10 at Daytona. Last season, Elliott was the only one of the four who finished top 20. No Daytona winner has taken home a championship since Jimmie Johnson in 2013, and even that year the next three drivers behind him all finished outside the top 30 at Daytona.

This is the second straight year that Hamlin, Elliott, and Blaney are in the top three on the Daytona 500 market. It’s a little different this time, as Hamlin was an outright favorite last year with Elliott behind him and Blaney a clear third.

Still, it shows that the books are predictable here. With no real momentum heading into this race, it’s up to the books to use history to predict Daytona, and they haven’t seen anything to change their mind for last year. Not even Austin Cindric’s win in 2022 was enough, although he's now ninth on the market at +2000.

Daytona 500 Odds

DriverOddsImplied chance
Chase Elliott+12007.7%
Denny Hamlin+12007.7%
Ryan Blaney+12007.7%
Joey Logano+14006.7%
Kyle Larson+14006.7%
Ross Chastain+16005.9%
William Byron+16005.9%
Bubba Wallace+18005.3%
Austin Cindric+20004.8%
Brad Keselowski+20004.8%

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A PR Associate at @OddsCheckerUS. Available for Podcasts, Radio, and TV. Quoted in Forbes, Chicago Tribune, Sports Illustrated, and more.

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