Daytona 500 Odds: Denny Hamlin, Chase Elliott & Ryan Blaney Lead 2023 Favorites

Daytona 500 Odds

*Daytona 500 odds via BetMGM as of Jan. 25

Daytona 500 Favorites

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Denny Hamlin (11-1)

It's no surprise to see the latest Daytona 500 odds listing Hamlin as the favorite considering the driver of the Joe Gibbs Racing No. 11 Toyota has won "The Great American" three times in his career.

Chase Elliott (12-1)

While Elliott has yet to win at Daytona, the 2020 NASCAR Cup Series champion does have two wins at Talladega, including the most recent race at the track in October 2022.

Ryan Blaney (12-1)

Three of Blaney's seven career Cup Series wins have come at superspeedways, including two at Talladega and a victory in the 2021 Coke Zero Sugar 400 at Daytona.

Joey Logano (14-1)

Blaney's Team Penske teammate Logano always seems to be in the mix at superspeedway races, taking the checkered flag in the 2015 Daytona 500.

While that's Logano's only win at Daytona, he has tacked on three more victories at Talladega in his Cup Series career.

Kyle Larson (14-1)

Larson's Daytona 500 odds may seem surprising to some.

While Larson can certainly win in any car and on any track, superspeedway victories have eluded him thus far in his Cup career.

For example, the 2021 NASCAR Cup Series champion has never scored a top-five finish at Daytona and has just one top five — a fourth-place result in April of last season — at Talladega.