NASCAR Betting: How to Bet on NASCAR with Bitcoin
NASCAR is one of the most popular sports in the United States. Unsurprisingly, it has also become a favorite among bettors. Read on to learn about NASCAR betting and how you can bet on NASCAR online with Bitcoin.
Table of Contents
- What is NASCAR Racing?
- How Does NASCAR Betting Work?
- Top NASCAR Betting Odds: What Do Racing Fans Like to Bet On?
- How to Bet on NASCAR Online with Bitcoin
What is NASCAR Racing?
NASCAR (National Association for Stock Car Auto Racing) is a company that organizes stock car races across the United States. These stock car races have become known as NASCAR races and are an important part of the American racing culture.
The NASCAR races are organized into tournaments held across the US. In each tournament, racers compete against each other using stock cars. The cars taking part in NASCAR races are manufactured by different car companies using a set of rules. These rules help to make sure that all the cars are on a level playing field during the race.
Drivers in NASCAR participate as teams. This team format is used to rank the drivers, and in many cases, also to determine the overall winner.
During a race, each driver goes round the track for between 150 to 600 laps, depending on the race. The laps are not taken at once. Instead, they are split into stages. Final points are then calculated depending on the teams that win each stage of the race, and the driver’s positions. After the final lap, all the driver’s points are tallied, and the winning team and winning driver are determined.
NASCAR is considered a good sport to bet on due to its well-organized racing formats and the regularity of races.
How Does NASCAR Betting Work?
Now, let’s take a look at how NASCAR betting works.
First, it’s important to know the basic rules of NASCAR. Then, it is also important to familiarize yourself with the NASCAR teams and drivers on who you will wager.
Thirdly, you should find a good NASCAR online betting site that would help you place your bets. For instance, you can use 1xBit to take part in online betting on NASCAR using cryptocurrency.
Lastly, you should know the major NASCAR races that you can bet on. Some of these include the Cup Series, which is the biggest NASCAR tournament. Another popular tournament is the NASCAR Xfinity Tournament, which is considered the second most popular tournament, with races being held countrywide.
The Camping World Truck Series is a unique NASCAR tournament that you can bet on. The races focus on trucks, as compared to smaller cars, which is the norm in NASCAR races.
Top NASCAR Betting Odds: What Do Racing Fans Like to Bet On?
NASCAR has regular races, with most of them occurring during the weekends. Racing fans are able to watch the games in-person or online, with many of them taking part in NASCAR betting.
Currently, the most popular bet that NASCAR racing fans bet on is the final outcome of the race. This is known as the “Outright Winner” bet.
In the Outright Winner bet, racing fans place a wager on the driver and the teams that will emerge as the final winner of the race.
How to Bet on NASCAR With Bitcoin
Now that you know the basics of NASCAR and what kinds of bets you can place, here’s how you can use bitcoin on 1xBit to wager on the next NASCAR race.
1. Head to 1xBit and click on ‘Registration’ After you have filled in your details, make sure you write down your account number and password for future logins.
2. Next, click on ‘Deposit.’. Then choose ‘Bitcoin’ from the list of cryptocurrencies provided.
3. Deposit Bitcoin into your 1xBit account by sending it from your wallet.
4. Next, head back to the homepage and click on ‘Sports’. You will see four horizontal lines on the bar showing the sports available on the site. On the dropdown, select ‘Motorsports’ and then the NASCAR race you want to bet on.
5. Place your Outright Winner bet by choosing the driver you think will win the race and by considering the odds available.
6. Click on ‘Place a Bet’ once you are satisfied with your selection, and wait for the results.
Head over to 1xBit to start betting and winning on NASCAR using Bitcoin.