Denny Hamlin favored for third Cup Series win of the season at Martinsville

The 2024 NASCAR Cup Series is at the Martinsville Speedway circuit this weekend for the Cook Out 400. Denny Hamlin is the betting favorite to win, and in our latest NASCAR betting picks, we tell you how the winner of last weekend’s race from Richmond will get on.

  • What: Cook Out 400
  • Where: Martinsville Speedway, Virginia
  • When: Sunday, April 7th, 2024
  • Time: 3 pm ET
  • Laps: 210.4 Miles
  • Distance: 400 Miles

Yes, Denny Hamlin is the in-form driver in NASCAR, with two wins in his last three races. The Joe Gibbs Racing driver has won the Food City 500 and the Toyota Owners 400 in recent weeks, and he will be looking to keep that hot streak of form going this weekend in his home state of Virginia.

A couple of people who will be looking to derail Hamlin in Virginia will be Cup Series Championship leader Martin Truex Jr. and the man who split Hamlin’s two wins, William Byron.

Who is the favorite to win the 2024 Cook Out 400?

Denny Hamlin is the +400 favorite to win the 2024 Cook Out 400 from Martinsville Speedway. Hamlin’s Joe Gibbs Racing teammate Martin Truex Jr. is his closest betting rival at +650. Despite topping the points table, Truex Jr. is yet to win a Cup Series race this season.

He will be hoping to right that wrong this weekend and send a strong message to his teammate.

Third in the betting this weekend is Christopher Bell at +700. Bell is followed by Kyle Larson and Ryan Blaney at +900, with Joey Logano and William Byron both at +1100.

Outside of the leading candidates to win the race is Ty Gibbs at +1200. The grandson of team owner Joe Gibbs is having a great season and has to be considered for any race at the moment.

Gibbs sits ahead of Brad Keselowski (+1600), Chase Elliott (+1800), Chase Briscoe, and Chris Buescher (both at +2000).

More Cook Out 400 betting can be found on our NASCAR odds table. All our odds are from the best sites for motorsports betting. Before we look at the latest betting to win the 2024 NASCAR Cup Championship, check out the best NASCAR betting sites and our guide on how to bet on NASCAR.

DriverBetOnline ReviewBovadaBetUS Review
Denny Hamlin+400+400+400
Martin Truex Jr+650+650+650
Christopher Bell+700+700+700
Kyle Larson+900+900+900
Ryan Blaney+900+900+900
Joey Logano+1100+1100+1100
William Byron+1100+1100+1100
Ty Gibbs+1200+1200+1200
Brad Keselowski+1600+1600+1600
Chase Elliott+1800+1800+1800
Chase Briscoe+2000+2000+2000
Chris Buescher+2000+2000+2000
Ross Chastain+2200+2200+2200
Bubba Wallace+2500+2500+2500
Tyler Reddick+2500+2500+2500
Alex Bowman+2500+2500+2500
Josh Berry+2800+2800+2800

Who is the betting favorite to win the 2024 NASCAR Cup Championship

In the latest NASCAR futures betting, the current favorite to be the NASCAR Cup Series Championship winner for 2024 is William Byron at +500. The Hendrick Motorsports driver already has two wins this season and despite sitting seventh in the points table, looks like the man to beat.

According to the best NASCAR betting sites, Byron’s closest rival is teammate Kyle Larson at +550. Behind Larson is Denny Hamlin (+600), Christopher Bell (+700), and Martin Truex Jr. (+800). Defending champion Ryan Blaney is +1100.

Cook Out 400 NASCAR Betting Picks and Predictions

Onto our betting picks, and thankfully NASCAR is nothing like Formula 1, where it is a closed shop with Max Verstappen winning every week. And with every race a far more open contest, we also have the chance to hedge our bets in the NASCAR Cup Series.

Despite being the in-form driver, we are giving Denny Hamlin a miss this weekend. Instead, we are looking at two of his Joe Gibbs Racing teammates.

Ty Gibbs +1200

The first driver we are picking to win this weekend is Ty Gibbs. The 21-year-old has had a great start to the season, with five top-10 finishes in his first seven starts. He led for the most laps in the non-points season-opening Clash at the Coliseum race and for 137 laps of the Food City 500 in Bristol, eventually won by Denny Hamlin.

Gibbs is fourth in the current championship following his third-place finishes in Austin and Phoenix, along with a fifth place in Las Vegas. A Cup Series win looks just around the corner. And regardless of whether he wins or not, one thing for sure is Gibbs will give us a run for our money.

Ty Gibbs to win the Cook Open 400 is our first betting pick.

Ty GibbsTo win Cook Out 400
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If you’re unsure about Gibbs’ chances of winning, why not play safe and back him to finish in the top three at +350 with Bovada?

Ty GibbsTop 3 Finish
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Martin Truex Jr. +650

Plenty seem cool on the prospects of Martin Truex Jr. winning this weekend. Okay, we get it. He has no wins yet this season, and in his last four outings at Martinsville, he has been outside of the top ten on three occasions.

But he does have a decent record here in previous years. He’s won three times previously, and although the wins were between 2019 and 2021, it’s not a lifetime ago. The 2017 Cup Series winner has been in contention this year, and like Ty Gibbs, he will be hungry for his first race win of the season.

Martin Truex Jr. to win the 2024 Cook Out 400 is our second NASCAR betting pick.

Martin Truex Jr.To win Cook Out 400
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Dean Etheridge

Hailing from Coventry, England, Dean brings his British wit to every piece he pens. A true lover of a good wager, Dean's passion for both sports and writing has merged into the world of sports betting. Dean is the mastermind behind his very own soccer and cricket betting platforms. As the owner and editor of a renowned football betting website, Dean has established himself as a force within the industry. His expertise as a freelance content writer is centered in the realms of football, cricket and Formula 1. From breaking down odds to unraveling strategies, Dean's writing radiates an unmatched love for sports. When he’s not immersed in sports betting, Dean enjoyes exploring new culinary delights, conquering the latest car racing video games, or getting lost in the pages of a novel.