NASCAR May Be Sports Gambling's Next Frontier

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How NASCAR is getting in on the action and making a little money on a growing industry.

. NASCAR doesn’t receive a percentage of all bets placed. Instead, NASCAR has deals with data suppliers as does the NFL, NBA, MBL, NBA where the league supplies data to the sportsbooks.“The sportsbooks relationships with leagues are typically marketing and sponsorship relationships,” said Solosky, who noted the fee typically was determined annually.

Parimutuel betting doesn’t exist in NACAR, only fixed odds, and there are no in-person betting windows or kiosks at race tracks like those found in horse racing. However, it is possible for a person to bet online via their phone from a NASCAR track. Bets are no longer accepted once the green flag waves at the start of a race.With each passing year, the number of ways in which a person can place a bet on a NASCAR event is becoming more diversified.

Solosky conducts seminars to educate the drivers to the fact they can’t gamble on their sport and if they do, it can harm their reputation. One such seminar was conducted prior to last month’s Busch Light Clash by Sportradar Integrity Services. NASCAR employees also have received instructions not to bet on the sport. Last December, Solosky talked with all of the team owners about NASCAR’s gambling policy.

•In which NASCAR is involved, including but not limited to, the NASCAR Cup Series, NASCAR Xfinity Series, NASCAR Craftsman Truck Series, and/or eNASCAR esports.

 

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