The National Association for Stock Car Racing (NASCAR) announced the launch of in-race betting recently, at the first race of the NASCAR Cup playoffs that was held in Las Vegas.
Bettors were able to place wagers during the actual race in Las Vegas for the first time as well as in casinos in three other states.
In partnership with NASCAR’s betting provider Genius Sports, players will be offered the opportunity to place wagers after the starting flag on stage winners and the final race winner in Las Vegas, or at the Resorts World Catskills Casino in New York, the Q Casino in Iowa as well as the Pearl River Casino in Mississippi.
Scott Warfield, the Managing Director of Gaming at NASCAR, commented on the launch by saying that he felt that the launch at a limited number of sportsbooks to start with will give NASCAR the information it needs to perfect its in-race model in time for its signature event, the Daytona 500 in February 2020.
Warfield went on to say that using this playoff stretch until mid-November with just a few sportsbooks located all around the country is a great opportunity for them to build more information as they launch more fully in 2020 for the Daytona 500.
He also said that they will take a lot of the feedback, research and data and they will continue to fine tune the product and that is why having a partner like Genius Sports is key because they can adapt and evolve as demand changed.