NASCAR to set own betting guidelines next year

The National Association for Stock Car Auto Racing (NASCAR) will be implementing its policy for betting by 2019, according to an Associated Press report.

NASCAR President Steve Phelps, speaking during the Monster Energy NASCAR Cup Series playoff at Dover in Delaware, said, “I think for ’19, we’ll have some rules that we’ll put in place. For right now, there’ll be betting here. They have a kiosk here, you can bet inside. we’ll study and see how that goes, but I think we’ll have some rules in place for sponsorship, for what betting looks like, and continue to see what happens in the landscape overall.”

Last weekend saw the launch of a betting kiosk at the Dover International Speedway, where the races were being held. In these stations, bettors could bet not just for the winner of the race, but the winner of individual stages, as well as other categories such as match-ups between drivers or the number of lead changes. And placing bets is not limited to racing either, but also available for other professional sports.

Phelps noted that at present, there were no explicit prohibitions on players and team members making bets on NASCAR, an issue that will be addressed when formulating the guidelines.