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Could this finally be the year Denny Hamlin wins a championship? It certainly looks that way based on the current 2026 NASCAR Cup Series odds.

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Hamlin has pulled away to a clear-cut lead over former favorite Tyler Reddick, who is fighting with Ryan Blaney for second-choice status.

Let’s look at the latest NASCAR Cup Series odds.

NASCAR Cup Series odds

Denny Hamlin

41%

Tyler Reddick

11%

Ryan Blaney

11%

Christopher Bell

10%

Kyle Larson

7%

Chase Briscoe

6%

Ty Gibbs

6%

Chase Elliott

3%

Odds as of 8-5. Percentages courtesy of Kalshi.

Kalshi is a regulated financial exchange where you trade on real-world event outcomes. Instead of traditional odds, prices are listed as percentages (0-100%), representing the market’s estimated probability of an event occurring.

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NASCAR Cup Series odds movement

  • Tyler Reddick (18% to 11%) was the biggest faller over the past month. He hasn’t won a race since April 19 following a roaring start to 2026.

  • Reddick’s loss has been the gain of Denny Hamlin (33% to 41%), who’s solidified his standing at the top of the pecking order with three second-half wins. 

  • Chase Elliott (6% to 3%) is also falling as Hendrick Motorsports struggles in general.

NASCAR Cup Series favorites

Denny Hamlin (41% probability)

Denny Hamlin ripped off three straight wins before back-to-back struggles on road/street courses.

Since then, he’s tallied three Top 5s over a four-race span.

Tyler Reddick (11% probability)

Tyler Reddick’s early-season cushion has evaporated as he now sits second in the point standings. 

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The No. 45 driver has gone 13 races without a win, with no Top 5s in six straight overall.

Ryan Blaney (11% probability)

Ryan Blaney’s eight-race Top 10 streak ended two races ago, and his string of seven straight races with at least one lap led ended last time out at Indy.

Still, he sits third in points while the Fords seem to be gaining steam across the board following a slow start to the campaign.

NASCAR Cup Series recent winners

Season

Driver

Race wins

2025

Kyle Larson (2)

3

2024

Joey Logano (3)

4

2023

Ryan Blaney

3

2022

Joey Logano (2)

4

2021

Kyle Larson

10

2020

Chase Elliott

5

2019

Kyle Busch (2)

5

2018

Joey Logano

3

2017

Martin Truex Jr. 

8

2016

Jimmie Johnson (7)

5

NASCAR Cup Series betting trends

  • Team Penske has taken three of the last four championships.

  • Hendrick Motorsports has the most overall titles (15).

  • The last driver to go back-to-back was Jimmie Johnson in 2010, when he completed an unprecedented five-peat.

This article originally appeared on Covers.com, read the full article here and view our best betting sites or check out our top sportsbook promos.

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