Daytona 500 Odds, Picks and Predictions 2024

• The 2024 Daytona 500 has been postponed to Monday, Feb. 19, due to rain
• The Daytona 500 odds favor Denny Hamlin to win his fourth event
• Read below for Daytona 500 odds, predictions, and picks for Monday

Postponed a day to Monday, Feb. 19, due to rain, the 2024 Daytona 500 is shaping up to be one of the most anticipated and unpredictable editions of “The Great American Race” in recent memory. Several storylines are converging to make this a can’t-miss event for racing fans.

The latest Daytona 500 odds price three-time Daytona 500 champion Denny Hamlin as the +800 favorite to win the event, and a heavy +100 favorite to place inside the top 5. Last year’s winner, Ricky Stenhouse Jr., is a heavy longshot, while reigning NASCAR Cup Series champion Ryan Blaney is +1100.

Let’s analyze the Daytona 500 odds as we offer you our predictions and longshot picks for Monday’s race.

Daytona 500 Odds

DraftKings Sportsbook has odds for all participants to win the race, finish top 3, and finish top five. 3-time Daytona 500 champ Denny Hamlin is the +800 favorite to win the 2024 race, which is an implied win probability of 11%.

Ricky Stenhouse Jr., who won the Daytona 500 in 2023, is available as a +3500 longshot bet to repeat as the winner this time around. He has much shorter +500 odds to finish inside the top five.

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Daytona 500 odds as of Feb. 17 at DraftKings Sportsbook. Sign up with the DraftKings promo code to make a Daytona 500 prediction.

How to Watch the Daytona 500

Originally scheduled to take place on Sunday at Daytona International Speedway in Daytona Beach, Florida, the 2024 Daytona 500 has been moved back one day due to rainy conditions. It will still be broadcast on Fox in the United States and TSN in Canada.

Daytona 500 streaming options include the Fox Sports app, plus live TV streaming services like FuboTV, Hulu + Live TV, YouTube TV, and Sling TV.

Tickets for the actual event are on sale now through the Daytona International Speedway website, with prices ranging from $99 per ticket up to hundreds of dollars for multi-day packages.

Hamlin Favored to Win Daytona 500

Denny Hamlin is a 3-time Daytona 500 champion (2016, 2019, 2020) and one of the best superspeedway racers in NASCAR history. He has the experience, skill, and aggression needed to navigate the draft and avoid “the big one” wrecks that often decide the race.

Hamlin had the fastest car in practice on Friday, posting a top speed of 197.477 mph. He was over 3 mph faster than the next fastest car. The Joe Gibbs Racing Toyotas dominated practice, showing a lot of single-car speed.

Denny Hamlin's lap of 197.477 mph during Daytona 500 practice yesterday was the fastest lap for the NextGen car.

The previous fastest lap was set by Todd Gilliland at Talladega last fall at 197.130 mph.

— nascarman (@nascarman_rr) February 17, 2024

The oddsmakers have installed Hamlin as the +800 favorite (8/1 odds) to win on Monday. This means a $100 bet would pay out $800 if he takes the checkered flag. Other contenders with short odds include Joey Logano (+900), Brad Keselowski (+1000), and Ryan Blaney (+1100).

Hamlin won the exhibition Clash race in Los Angeles earlier this month, showing he picks up right where he left off last season. A confident, aggressive Hamlin bodes well for his chances to capture that fourth Harley J. Earl trophy in the Daytona 500.

If Hamlin were to win on Monday, he would join Richard Petty (7 wins) and Cale Yarborough (4 wins) as the only drivers with 4+ Daytona 500 victories. At age 43, he still has several prime years left to separate himself as the greatest Daytona 500 driver ever.

Daytona 500 Longshots to Consider

While Denny Hamlin is the favorite to win the Daytona 500, there are several longshots worth considering for your racing bets. Kyle Busch at +1200 stands out as an enticing longshot as he aims to finally win the Daytona 500 after 20 years of attempts.

Busch is highly experienced at Daytona and superspeedway racing in general, with 2 summer race wins there and victories at Talladega. Busch was leading the 2023 Daytona 500 with two laps to go before a caution and subsequent crashes took him out of contention. He’s ultra-motivated to finally check the Daytona 500 win off his career bucket list.

Is this the year Kyle Busch FINALLY wins the #Daytona500?

Most of the money is on him to do it, via @BetMGM. pic.twitter.com/GmDhvkDcrE

— NBC Sports Bet (@NBCSportsBet) February 17, 2024

Furthermore, Busch starts mid-pack in 34th position, which recent history shows can be an advantageous starting spot. He can lay back, survey the action, and make his move late. The JGR cars showed a lot of single-car speed in Friday’s practice, over 3 mph faster than anyone else, adding to the longshot intrigue.

Another player we are targeting in the Daytona 500 longshots is Tyler Reddick (+2200), who won the first Duel race and has a fast car. While he has struggled to finish Daytona 500s in the past due to wrecks, Reddick’s superspeedway results have improved. He has top 10 finishes in 5 of the last 6 races at Daytona and Talladega.

A simple $10 bet on Reddick at his current price would pay out $220 if successful. We’re going to sprinkle on the 28-year-old, as he has shown the speed, car strength, aggression, and superspeedway improvements to contend for his first Daytona 500 win if circumstances fall the right way late in the race.

Daytona 500 Predictions & Picks

With a three-time champ available at +800 odds this year, it’s hard not to gravitate towards the favorite for our prediction. However, the Daytona 500’s allure partly lies in its ability to produce surprise winners, making it an even playing field and highly anticipated by fans.

Recent Daytona 500 Winners

We can’t fault you for throwing down money on Hamlin to add another win to the resume, but we’re going a bit off the board. Busch is becoming a public longshot, but we love the value at +1200 given how close he’s come before, plus the adjustment he’s made to improve his weaknesses.

We’re also betting Tyler Reddick to finish inside the top 3 (podium), along with sprinkling on him as the winner at +2200 value. He claimed victory in Duel 1 despite telling the media, “It wasn’t really a great race for us, to be honest with you.” He’s brimming with confidence entering Monday.

Daytona 500 Picks:

• Kyle Busch to Win (+1200)
• Tyler Reddick Top 3 Finish (+600), Reddick to Win (+2200 sprinkle)