When it comes to sports betting, there are solid bets — those offering enough value to warrant wagers — and then there are those you fall over yourself to lock in before the rest of the market sees the same edge you do.
In major sports like football or basketball with large limits, these edges are uncommon as sportsbooks are incentivized to keep up on the latest news and betting action to ensure they don't get hammered with a flood of maximum-limit bets taking advantage of stale or off-market lines.
Odds as of Jan. 9 at 2 p.m. ET and via FanDuel, where Action Network users get a risk-free bet up to $500.
Niche markets, like NASCAR, don't offer anywhere near the limits of the four major US sports, but a direct result of that is less motivation from the books to keep up on news and adjust their odds accordingly.
And therein lies the opportunity for big betting edges.
Thanks to breaking NASCAR news for the 2020 Daytona 500, one of these huge betting edges is available right now — one that's simply too good to pass up.
2020 Daytona 500 Betting Pick, Longshot
Anyone who knows me understands how much I love Ross Chastain. Even though his post-race inspection failure last year after winning the Truck Series race at Iowa was arguably my worst betting beat ever, he still cashed plenty of tickets for me, including the XFINITY Series Race at Daytona in July.
In addition to that win at Daytona, Chastain scored a top-10 finish in the Daytona 500 last year in backmarker equipment.
But there's more.
Earlier today, news broke that Chastain will be running the 2020 Daytona 500 in Spire Motorsports' No. 77 car, however, that car will be prepared by Chip Ganassi Racing (CGR).
CGR also owns Cup Series cars driven by Kyle Larson and Kurt Busch, meaning Chastain will have the resources of one of the top teams in the series.
When you put it all together, you get a driver with tons of Cup Series experience, including running all three superspeedway races last year that use the current package, a driver who recently won an extremely competitive race at Daytona, while getting a shot in much better equipment than expected.
And it's the news of CGR equipment that is directly creating this value.
Oddsmakers initially priced Chastain as if he was going to run backmarker equipment when Daytona 500 odds opened. Therefore, he's still available as a 140-1 longshot at FanDuel.
It is unlikely that this price will last.
THE BET: Ross Chastain 140-1 to win the 2020 Daytona 500[In New Jersey, Pennsylvania, Indiana or West Virginia? Bet now at FanDuel]
