NASCAR's iRacing Pro Invitational Series pits some of the best drivers in the world against one another using iRacing's NASCAR simulation software. So instead of on the track, they're doing it online.
The Pro Invitational Series is currently following the traditional 2020 NASCAR Cup Series schedule with the real races canceled. It includes retired legends, like Dale Earnhardt Jr. and Bobby Labonte, past champions like Kyle Busch, Joey Logano and Brad Keselowski, as well as some of the best sim racers, like Ty Majeski, William Byron and Timmy Hill.
If you're interested in betting on the NASCAR iRacing Pro Invitational Series, here are some key concepts to know.
How to Bet on NASCAR iRacing
iRacing Odds
iRacing odds represent the chances of drivers winning a race or successfully completing a predetermined event while also serving as a payout for bettors on winning wagers.
iRacing Futures
Futures are most often associated with each driver's odds to win a specific race. For example, let's assume that William Byron is +800 (also referred to as 8-1) for a given iRacing event and eventually wins.
Bettors who placed wagers on Byron prior to the start of the event would be paid out based on those odds.
In this case a $100 would return $900, which is the bettor's initial $100 risked, plus $800 ($100 x 8) for the winning betting ticket.
iRacing Driver Matchups
Unlike futures, which typically encompass the entire field, driver matchups pit one iRacing participant against another.
For example, assume that Denny Hamlin is listed as a -130 favorite over Dale Earnhardt Jr. (+100) before a given iRacing event.
Should Hamlin finish ahead of Earnhardt, winning wagers would pay out at -130 odds, which breaks down to a profit of $100 for every $130 risked.
On the other hand, a winning bet on Earnhardt would pay at +100 odds, which is a profit of $100 for every $100 risked.
iRacing Props
The most common iRacing prop-betting markets include over/unders on total cautions, lead changes and number of drivers to lead a given event.
For example, if the over/under caution prop is set at 7.5 (and a vig of -115 on both sides) and the race finishes with six cautions, bettors who wagered on the under would be paid out at -115 odds.
iRacing Handicapping Tips
The NASCAR iRacing Pro Invitational Series is still very much in its infancy, running just two total races at the time of writing. As a result, there isn't much out there in terms of stats and data for bettors to use to handicap it.
However, as more data becomes available going forward, we'll be sure to update this portion of the article with more iRacing handicapping tips and strategies.