2023 Coca-Cola 600 Betting Preview and Odds

The US Sun

26 May 2023

2023 Coca-Cola 600 Betting Preview and Odds

WHAT could be better than a late-spring afternoon full of roaring V8 engines, and wheel-to-wheel racing action at one of the best racing venues in the United States?

Luckily for racing enthusiasts, that’s exactly what’s happening on May 28th at the Charlotte Motor Speedway in Charlotte, North Carolina. That’s right, we’re talking about the Coca-Cola 600, one of the pre-eminent NASCAR Cup Series races on the calendar and an all-time favorite thanks to the intense racing action in NASCAR country and big stakes.

Let’s talk about why the Coca-Cola 600 is one of the most popular choices for sports betting.

Top winner odds for the Coca-Cola 600

Here are the odds for the top 10 drivers in the race to win (provided by DraftKings):

The best Coca-Cola 600 online sportsbooks

DraftKings (Available in: AZ, CO, CT, IL, IN, IA, KS, LA, MD, MA, MI, NJ, NY, OH, PA, TN, VA, WV, WY)
BetRivers (Available in: AZ, CO, CT, IL, IN, IA, LA, MD, MI, NJ, NY, OH, PA, VA, WV, and WY)
Wynnbet (Available in: AZ, CO, IN, LA, MA, MI, NJ, NY, TN, and VA)
BetMGM (Available in: AZ, CO, FL, IL, IN, IA, KS, LA, MD, MA, MI, MS, NV, NJ, NY, OH, OR, PA, PR, TN, VA, WA, WV, and WY)
Desert Diamond Sports (Available in: AZ)

How we picked these sportsbooks for Coca-Cola 600 betting

Choosing the best online sportsbook for betting on the Coca-Cola 600 comes down to several key factors.

Licensing and Regulation: Reputable online sportsbooks operate under a valid license issued by a regulatory authority, such as a gaming commission or tax revenue board. Being licensed ensures compliance with industry standards and ensures a fair betting environment.
Trustworthiness and Reputation: Each online sportsbook has positive reviews and a good reputation. Solid sportsbooks have a good track record for issuing payments, good customer service, and transparent policies that keep customers happy.
Competitive Odds and Betting Lines: Maximizing potential returns means having competitive odds and favorable betting lines. The best online sportsbooks offer attractive odds that meet or exceed those offered at other casinos.
User-Friendly Interface: Our list of the best line sportsbooks all include excellent user-friendly interfaces that make research, betting, and account management easy. Bonus points go to the platforms that offer a solid mobile app.
Security and Privacy: Measures such as SSL encryption are essential to protect bettor’s personal data. The best online sportsbooks utilize the latest protection technology and offer comprehensive privacy policies.
Bonuses and Promotions: Online sportsbooks regularly offer killer bonuses for signing up, such as bet matching, bet guarantees, and sign-up cash bonuses. Every sportsbook on our list includes these types of bonuses and promotions, along with more unique bonuses that are specific to each book.
Live Betting and Streaming: Live betting during the race is incredibly exciting, especially since the leaders can change up so quickly. Every great online sportsbook allows for live betting, and the very best also offers the opportunity to stream the event live.
Payment Options: The best online sportsbooks offer plenty of convenient and secure options to make deposits and withdrawals in a snap. Options such as credit/debit cards, e-wallets, bank transfers, or cryptocurrency are all quite common.
Customer Support: Responsive and efficient customer support is important when doing business with an online sportsbook. A reliable sportsbook offers multiple support channels, such as live chat, email, or phone, and plenty of helpful, knowledgeable staff.

A closer look at the top sportsbooks for betting on the 2023 Coca-Cola 600

When it comes to online sportsbooks, you don’t get much better than BetMGM. Due to their long-established experience in the world of sports betting, BetMGM comes highly recommended by us.

Pros:

Beautiful interface that’s easy to navigate, secure and perform all sorts of research.
Great sign-up promotions and bonuses
Clear betting odds, live betting, and all the news leading up to the Coca-Cola 600.
Quick deposits and withdrawals to help keep the action moving.

Cons:

Customer service can be a bit slow due to the platform's overwhelming popularity.

Pros:

Better odds than other online sportsbooks mean more payouts and more excitement
Functional, secure user experience and one of the best mobile apps.
One of the most established sportsbooks in the United States, and an industry pioneer.

Cons:

No live chat option on the website or in the mobile app
Slower than average payouts

Pros:

Typically offers the best odds in the world of online sportsbooks with some exceptions.
Easy deposits and withdrawals with short wait times.
Easy and fast signup process.

Cons:

Other online sportsbooks offer a less cluttered, cleaner, overall experience.

How to bet on the Coca-Cola 600 at online betting sites

Let’s do a quick rundown on how to bet on the Coca-Cola 600 at the best online betting sites.

The first thing you’ll need to do before betting on the Coca-Cola 600 is to choose an online sportsbook. Based on the reviews above, and the promotions available, you’ll have plenty to choose from.
Once you complete sign-up, and receive your bonus, you’ll have the option to deposit funds into your account. The best sites allow you to make deposits from your credit card, debit card, cryptocurrency, or directly from your bank account.
Once your account has been funded, it’s time to choose a driver and decide which bet you’re going to place.
Have fun watching the race!

Let’s dive more into which betting markets are available for this legendary race.

What driver is the favorite for the Coca-Cola 600 in 2023?

Based on his winning season so far and home race advantage, Kyle Larson and Hendrick Motorsports are the favorites to win the Coca-Cola 600. Even though Kyle has won three races already, race fans know that Charlotte can be unpredictable, and even the backmarkers like Kyle Busch or Chase Elliot could come from behind and win it all.

Is it legal to bet on the Coca-Cola 600?

Yes, it is legal to bet on the Coca-Cola 600 online in the following states (current as of 2023):

What betting markets are there for the 2023 Coca-Cola 600?

Winner

Most bettors enjoy rooting for the winner of the race, which is the most straightforward type of bet you can make on NASCAR races. Even though front runners like Kyle Larson are favored, NASCAR is a wild sport and anything can and does happen.

Top 3 / Top 5

Much like win, place and show in the world of horseracing, bettors can also choose who they think will be in the Top 3 at the end of the Coca-Cola 600. For a little more excitement, bettors can also wager on who will land in third, fourth, or fifth place.

Head-to-Head Matchups

Rather than bet on the overall outcome of the race, bettors place wagers on the outcome of a matchup between two specific drivers. This is a fun way to take in the race and still have stakes with your favorite driver, even if they aren’t at the top of the pack.

Group Winner

Much like head-to-head matchups, bettors can enjoy a group-winner betting market. Competitive drivers (usually the top 10) are grouped into one, two, or three groups. Bettors simply choose who they think will win within that group.

Manufacturer

Bettors can also choose which manufacturer they think will win the race. Current manufacturers are Chevrolet, Ford, and Toyota.

Is Coca-Cola 600 betting available on mobile devices?

Yes, Coca-Cola 600 betting is available on mobile devices. The best online sportsbooks, especially top runners like DraftKingsand BetMGM, have excellent mobile apps that allow bettors to easily, and securely bet on the Coca-Cola 600, and a variety of other motorsports races.

Can I place live bets on the 2023 Coca-Cola 600?

Yes, you can place Vegas-style live bets with the best online sportsbooks. Since NASCAR is so exciting to watch, live betting gives race fans the opportunity to not only watch the race but bet in real time. What could be more exciting than that?

What sportsbook will have a live stream of the Coca-Cola 600?

As of right now, BetMGMis slated to host a live stream of the Coca-Cola 600, along with bet365 and FanDuel. Fans can also watch the race on sports streaming apps like ESPN+ or Peacock.

Who were the previous Coca-Cola 600 winners?

Here's the list of the Coca-Cola 600 winners from the previous 10 years, along with their teams and car manufacturers:

2012 - Kasey Kahne (Hendrick Motorsports, Chevrolet)
2013 - Kevin Harvick (Richard Childress Racing, Chevrolet)
2014 - Jimmie Johnson (Hendrick Motorsports, Chevrolet)
2015 - Carl Edwards (Joe Gibbs Racing, Toyota)
2016 - Martin Truex Jr. (Furniture Row Racing, Toyota)
2017 - Austin Dillon (Richard Childress Racing, Chevrolet)
2018 - Kyle Busch (Joe Gibbs Racing, Toyota)
2019 - Martin Truex Jr. (Joe Gibbs Racing, Toyota)
2020 - Brad Keselowski (Team Penske, Ford)
2021 - Kyle Larson (Hendrick Motorsports, Chevrolet)
2022 - Denny Hamlin (Joe Gibbs Racing, Toyota)

What makes the Coca-Cola 600 one of the most popular NASCAR races?

Since 1960, Charlotte Motor Speedway has thrilled racing fans with its premier racing event, the Coca-Cola 600. What makes Charlotte so unique is that it is in the heart of NASCAR country, and the city of Charlotte not only houses the speedway and the NASCAR Hall of Fame but many of the best teams in the sport as well. To make it even more popular, the race is traditionally held on Memorial Day weekend and signifies the kickoff to the summer racing season.

Charlotte is a particularly challenging track due to the banking of its ovals, and the overall high speed throughout the race. To increase the complexity, the race begins in the afternoon and finishes at night, meaning teams will need to scramble with unique setups to combat track temperature changes and vision restrictions.

Whether you’re there or watching on an online sportsbook, the Coca-Cola 600 is one of the best NASCAR races on the whole calendar.

Our top tips and tricks for betting on the 2023 Coca-Cola 600

1. Teams Matter

While NASCAR is decidedly a team sport, the cooperation between teammates definitely plays into the winner’s hands. As teams race around an oval, the drivers will begin to draft each other in order to gain an advantage. In short, drafting means that drivers will use the car in front of them as an aerodynamic block to gain an extra couple of miles an hour around high-speed tracks like Charlotte. The best teams work together to ride the best lines and provide drafting that will slingshot drivers to victory.

On the other hand, if a driver has a weak teammate, this could spell trouble for them during the Coca-Cola 600.

2. It's All About Momentum

Much like other sports, momentum plays a serious role in the world of NASCAR. Since Kyle Larson is coming off three wins this season, his confidence is going to be riding high. On the same token, Hendrick Motorsports is also riding a high thanks to the performance of their driver, and it also happens to be their home race. Unless Kyle gets into trouble early on, you can bet he's going to be a top contender.

3. Enjoy Driver Matchups

One of the most fun ways to bet on a NASCAR race, or any auto racing for that matter, is to engage in head-to-head driver matchups. Unlike picking the outright winner, bettors can pick drivers that are farther back in the pack, where the racing is often even more intense and exciting. This gives fans the opportunity to root for their favorite team or driver, even if they're further back in the pack.