On the eve of NASCAR’s Dan Lowry 400, Roush Fenway Racing announced that Carl Edwards won’t become a free-agent and has signed a multi-year extension.

Edwards currently ranks 10th in NASCAR’s Sprint Cup standings.

According to reports, Tony Stewart is seeking to opt out of the final year of his deal with Joe Gibbs Racing.

Meanwhile, the rest of NASCAR is gearing up for the Aaron’s 499 at the famed Talladega Speedway in Alabama.

For more NASCAR betting go here.

While many will focus on Augusta, Georgia this weekend, NASCAR bettors will have their eyes on Phoenix, Arizona for the Subway Fresh Fit 500.

Carl Edwards is among a number of drivers favored at +600.

Find out who the others are here.

Junior is on the pole for today’s Samsung 500, at the Texas Motor Speedway. Listed at 4-1 to win it all, Earnhardt Jr. will be sitting besdie Carl Edwards on the first row. Edwards is also at 4-1 odds to win the race. Look for both Matt Kenseth (8-1) and Greg Biffle (10-1) of Rousch Racing to compete for the win as well, as this team always has a good set-up at TMS.

The race goes at 2:15 on Sunday afternoon.

While bettors will have eyes focused squarely on San Antonio on the weekend, another sporting event will be taking place in the Lone Star State.

The Samsung 500 will take place at Fort Worth and SPORTSBETTING.COM is also accepting NASCAR wagers.

Carl Edwards is currently the odds-on at +500.

For more NASCAR betting go here.

We missed this story yesterday, but it appears the winner of last weekend’s NASCAR race in Las Vegas pulled a little trick (or he and his crew did) to gain an edge. When Edwards crossed the finish line in first place he did so with the cover off his oil tank, which apparently can give you up to an extra 10% of performance.

NASCAR found this out and hit Edwards and the team with a pretty stiff penalty, docking him 100 points, fining him $100,000 and a six-race suspension for his crew chief. We’ll see if they appeal.

NASCAR’s Las Vegas weekend culminates with the UAW-Dodge 400 this afternoon. Jimmie Johnson isn’t the favorite (Jeff Gordon is at 5-1), but players at SPORTSBETTING.COM have been increasingly backing Johnson heading into the Sunday event. Clearly bettors are aware of his past history at this track, as he has won the last three races there.

Johnson’s odds currently sit at 6-1, with pole sitter Kyle Busch also at 6-1.

You can watch the race on FOX at 4:45 EST.

With NASCAR’s UAW-Dodge-400 set to take place at the Las Vegas Motor Speedway this Sunday, Jimmie Johnson is SPORTSBETTING.COM’s favorite listed at +450.

For more NASCAR betting go here. 

Ryan Newman upset all the big favorites (Dale Earnhardt Jr. Tony Stewart, the Busch brothers, Jeff Gordon, etc.) and won the 50th running of the Daytona 500. It was an exciting day of racing, with the race up for grabs right into the final turn, as Newman received help from teammate Kurt Busch to blow past Tony Stewart for his first 500 victory.

We’re mere hours away from the 2008 running of the Daytona 500. Jimmie Johnson has the pole (5-1), but the favorite remains Dale Earnhardt Jr. (11-5).

Have a look at the Free Cash Daytona Promotion here

Check out all the wagering options and odds for the big race here