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AVONDALE, ARIZONA - MARCH 13: Kyle Larson, driver of the #5 Valvoline Chevrolet, drives during the the Ruoff Mortgage 500 at Phoenix Raceway on March 13, 2022 in Avondale, Arizona. (Photo by Sean Gardner/Getty Images) | Getty Images
AVONDALE, ARIZONA - MARCH 13: Kyle Larson, driver of the #5 Valvoline Chevrolet, drives during the the Ruoff Mortgage 500 at Phoenix Raceway on March 13, 2022 in Avondale, Arizona. (Photo by Sean Gardner/Getty Images) | Getty Images

Kyle Larson, Chase Elliott Enter Richmond as Co-Favorites

For the first time this season there isn’t a clear favorite to win a race. Heading into the Toyota Owners 400 this weekend, oddsmakers can’t differentiate between Kyle Larson and Chase Elliott at the top of the market.

Larson and Elliot are both given +900 odds, or an implied 10% chance to win the race. That puts them just ahead of Kyle Busch, Joey Logano, and Martin Truex Jr., all of whom have +1000 odds or an implied 9.1% chance to win the race.

In fact, there are 11 drivers given at least +1400 odds to win this race. Making it by far the tightest the odds have been this year. One to keep an eye on is Ross Chastain, given +1200 odds after winning the EchoPark Grand Prix.

Quote from OddsChecker spokesman Kyle Newman, “Kyle Larson has been letting oddsmakers down in a major way this season. He’s finished 29th or worse in 4 of the 6 races, but he’s been the favorite to win 3 races already. This will be his fourth time as the favorite despite his early season struggles. That said, oddsmakers aren’t ignoring all results. Ross Chastain has finished top-3 in his last 4 races, and top-2 in his last 3. After his win, oddsmakers are ready to acknowledge him and have moved him into the top-10 on the odds market for the first time this season.”

TOYOTA OWNERS 400 WINNER ODDS

Driver Odds Implied chance
Kyle Larson +900 10%
Chase Elliott +900 10%
Joey Logano +1000 9.1%
Kyle Busch +1000 9.1%
Martin Truex Jr. +1000 9.1%
William Byron +1100 8.3%
Ross Chastain +1200 7.7%
Tyler Reddick +1200 7.7%
Denny Hamlin +1200 7.7%
Ryan Blaney +1300 7.1%

OddsChecker