Over the past several years, the auto racing event that we now know and love as NASCAR has grown tremendously by leaps and bounds. Once nothing more than a racing event for a few die hard auto racing enthusiasts, it has blossomed out of this cult following and has left its undeniable mark on the mainstream. In fact, many people now feel that NASCAR has surpassed the NHL as one of the fourth major sporting events in the United States.
It is only natural that the widespread popularity of the sport has made it possible for the fervor to move into the world of sports betting as well and today, countless thousands of people betting online on NASCAR events on a regular basis, and the growth in number seems to show no sign of stopping.
NASCAR betting is similar to Formula One (F1) betting and several online casino providers and sports betting sites that are offering betting markets on NASCAR events. Currently with some sports betting sites you can only bet on a NASCAR race winner and due to the short length of the races live in-play betting is not available.
Although there can be up to 1,500 NASCAR races across 100 tracks in a season the crème de la crème of NASCAR is the Sprint Cup Series and the Nationwide Series. The Sprint Cup Series is the Premier League of Nascar and usually consists of 36 races across 10 months. If the Sprint Cup is Premier League then the Nationwide Series has to be the Championship and often Nationwide races are used as a warm-up to the Sprint Cup events which is where a huge money can be made.
The only difference of NASCAR and F1 is that these two types of racing completely dominate the world of auto racing betting and there is simply no other types of racing that even comes close in terms of popularity. And that's only logical considering that both of them are hugely entertaining activities and that both are perfect for betting. Both are going to continue to grow in popularity for some time to come, but what's uncertain is which type of auto racing betting will be number one in ten years time.
Auto Racing Betting Online Rules
Before you place a bet online, here are some factors to consider about the auto racing betting online rules:
* The race is deemed to have started after the signal to commence the warm up lap.
* If a race is abandoned before an official result can be determined, all wagers stand providing the race is re-run at the same location within two weeks of the original schedule date.
* Bets on the qualifying performance will be settled according to the grid positions at the end of the qualifying period. All qualifying wagers must be placed before the practice session preceding the qualifying session. Any wager placed after the practice session before the qualifying round will be deemed void.
* The winning bets predict the official winning margin as the first and second cars to cross the line, excluding any time penalties or disqualifications incurred after the race by any driver. If only one car finishes, wagers will be settled at the maximum make up stipulated.
* In the event of a race not being completed and the race is ruled official by the race's ruling commission, all bets on the out right's will have action according to the official results. All proposition wagers and match-ups will be ruled no action.
Photo Courtesy of: speed-videos.com
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