Daytona 500 Sportsbook Promos & Best Sleeper Bets

The Daytona 500 is the start of every NASCAR season, and while some sports have their biggest event to finish the season, NASCAR starts with the Super Bowl of racing events. Everyone from NASCAR die-hards to those who rarely watch or pay attention to the sport will tune in for the biggest NASCAR race of the year.

Looking ahead to Sunday’s race, some of the sport’s biggest names are in contention to win, and there are some others who may not be on your radar but who could be poised to have breakout performances, setting themselves up for strong seasons. Names like Denny Hamlin, Kyle Larson, and Chase Elliott find themselves near the top of the odds to win the Daytona 500. We’ll also go over some sleepers who have a chance to race themselves into contention.

Daytona 500 live odds

Here are the latest odds for the Daytona 500 from top-rated online sportsbooks.

Daytona 500 sportsbook promos

DraftKings promo for Daytona 500

DraftKings offers new users up to $1,200 in promotions. When you sign up and make a first deposit of $5 or more, the DraftKings promo will provide a $50 bonus bet as well as a 20% match of that deposit, up to a maximum of $1,000 in bonus funds. Then, if you place a first bet of $5 or more, DraftKings will provide another $150 in bonus bets. This means a $5 bet on a Daytona 500 driver could unlock $150 in bonus bets, regardless of whether your pick wins or loses. 

BetMGM promo for Daytona 500

With BetMGM’s first-bet offer of up to $1,500, new users who use their initial wager at the online sportsbook to bet on the Daytona 500 can receive bonus bets if that wager loses. This BetMGM promo can be good for taking a chance on a long-shot driver — if that driver doesn’t win, you’ll receive a refund in the form of bonus bets to keep wagering on NASCAR futures or other sports.

FanDuel promo for Daytona 500

FanDuel’s promo provides $150 in bonus bets if you place a first bet of $5 or more and if that wager then wins. This means you could place a $5 wager on a favorite like Denny Hamlin or Kyle Larson. If your pick wins, the FanDuel bonus will provide you with $150 in bonus bets, which you could use on additional race markets or future NASCAR events.

Bet365 promo for Daytona 500

Bet365 allows users to choose between two welcome bonuses: a first-bet safety net of up to $1,000 or $100 bonus bets if you place a first wager of $5 or more. That second option guarantees bonus bets, while the first provides some insurance if your wager if your initial wager loses. Both bet365 promo options provide some potential extra value for betting on NASCAR’s biggest race.

Sleeper picks for Daytona 500

Todd Gilliland

Gilliland showed major improvement at Daytona last year, leading 16 laps before a late crash. With a multi-year extension at Front Row Motorsports, he’s poised for a breakthrough.

Ryan Preece

Now with RFK Racing, Preece has super-speedway experience and a strong team behind him. Daytona’s unpredictability makes him a great dark-horse bet.

Noah Gragson

Gragson has moved to Front Row Motorsports, a team that dominated super-speedway qualifying in 2024. He’s won at Daytona in Xfinity and has the equipment to pull off an upset.

Best bet for Daytona: Kyle Busch to win

Kyle Busch is due for a Daytona 500 victory after years of near-misses. With seven career top-three finishes at Daytona, he knows how to position himself late in the race. His aggressive driving style and experience in pack racing make him a serious threat. Plus, RCR’s super-speedway strength gives him the equipment to compete. If he avoids the “big one,” Busch could finally secure his first Daytona 500 win in his 20th attempt.