Daytona 500 Qualifying 2016 Results and Latest Driver Odds

The 2016 Daytona 500 marks the beginning of a new era in NASCAR with Jeff Gordon no longer being an active driver, but that didn't stop the No. 24 car from taking the pole at Daytona International Speedway.

Rookie Chase Elliott beat out the rest of the field for the right to start on the inside of Row 1 for Sunday's Great American Race, while two-time Daytona 500 winner Matt Kenseth clinched the No. 2 spot with a strong run of his own.

Thursday night's Can-Am Duels will determine the remainder of the 40-car field, and those races promise to provide a preview of which cars and drivers will be capable of contending Sunday.

In the wake of a competitive qualifying session, here is a full rundown of the results, as well as a look at where the odds stand ahead of the Can-Am Duels.

Daytona 500 Qualifying Times

Position	Driver	Best Speed (mph)
1	Chase Elliott	196.314
2	Matt Kenseth	196.036
3	Dale Earnhardt Jr.	195.682
4	Kyle Busch	195.207
5	Ricky Stenhouse Jr.	195.118
6	Jimmie Johnson	194.839
7	Ryan Blaney	194.746
8	Austin Dillon	194.675
9	Carl Edwards	194.662
10	Denny Hamlin	194.523
11	Kurt Busch	194.510
12	Joey Logano	194.460
13	Casey Mears	194.250
14	Kasey Kahne	194.104
15	Ryan Newman	194.099
16	Paul Menard	193.936
17	Ty Dillon	193.936
18	Brad Keselowski	193.878
19	Aric Almirola	193.753
20	Greg Biffle	193.665
21	Jamie McMurray	193.399
22	Brian Scott	193.332
23	Kyle Larson	192.938
24	Matt DiBenedetto	192.686
25	Michael McDowell	192.604
26	Regan Smith	192.542
27	Michael Waltrip	192.406
28	Chris Buescher	192.365
29	Danica Patrick	192.291
30	Bobby Labonte	191.808
31	AJ Allmendinger	191.583
32	Trevor Bayne	191.436
33	Michael Annett	191.302
34	Clint Bowyer	191.249
35	Landon Cassill	191.192
36	Robert Richardson Jr.	190.496
37	Cole Whitt	190.375
38	David Gilliland	189.350
39	David Ragan	189.068
40	Josh Wise	187.282
41	Reed Sorenson	181.163
42	Martin Truex Jr.	0.000
43	Kevin Harvick	0.000
44	Brian Vickers	0.000

Daytona 500 Odds

Driver	Odds	Money Line
Dale Earnhardt Jr.	6-1	+600
Jimmie Johnson	9-1	+900
Kevin Harvick	10-1	+1000
Joey Logano	10-1	+1000
Matt Kenseth	10-1	+1000
Brad Keselowski	12-1	+1200
Denny Hamlin	12-1	+1200
Kyle Busch	12-1	+1200
Carl Edwards	16-1	+1600
Kurt Busch	18-1	+1800
Chase Elliott	18-1	+1800
Martin Truex Jr.	18-1	+1800
Kasey Kahne	22-1	+2200
Kyle Larson	22-1	+2200
Jamie McMurray	28-1	+2800
Austin Dillon	33-1	+3300
Ryan Newman	40-1	+4000
Brian Vickers	50-1	+5000
Clint Bowyer	50-1	+5000
Greg Biffle	50-1	+5000
Ryan Blaney	50-1	+5000
Aric Almirola	50-1	+5000
Danica Patrick	50-1	+5000
David Ragan	50-1	+5000
Paul Menard	50-1	+5000
Ricky Stenhouse Jr.	50-1	+5000
Trevor Bayne	50-1	+5000
Chris Buescher	66-1	+6600
Michael Waltrip	66-1	+6600
Regan Smith	66-1	+6600
AJ Allmendinger	75-1	+7500
Casey Mears	75-1	+7500
David Gilliland	75-1	+7500
Ty Dillon	75-1	+7500
Bobby Labonte	100-1	+10000
Brian Scott	100-1	+10000
Reed Sorenson	100-1	+10000
Landon Cassill	125-1	+12500
Cole Whitt	150-1	+15000
Josh Wise	150-1	+15000
Matt DiBenedetto	150-1	+15000
Michael Annett	150-1	+15000
Michael McDowell	150-1	+15000
Robert Richardson Jr.	150-1	+15000

Top Daytona 500 Betting Values

Chase Elliott: 18-1

John Raoux/Associated Press

Sunday marks Elliott's first race as a NASCAR Sprint Cup Series regular, and despite the fact that he earned the pole with an extremely fast car, the oddsmakers remain somewhat hesitant to thrust him into the upper echelon already.

That is certainly understandable since Elliott is just 20 years of age, but he is a prodigy of sorts who already has a NASCAR Xfinity Series title under his belt.

He proved during qualifying that he has a legitimate chance to vie for a win in the Daytona 500, and he even received an endorsement from Gordon himself:

Also, while a great deal of pressure comes with being Gordon's successor and being the pole-sitter for the Daytona 500, Elliott believes he has been put in a position to take a run at the checkered flag, according to ESPN.com's Bob Pockrass:

"

I know we have one of the best cars down here, and definitely the entire Hendrick Motorsports team has been fast. The Hendrick shop has done a great job. I know we have a car capable of winning. I certainly think I have a lot to learn from a drafting standpoint, a lot of aspects, just kind of getting used to things, getting around other cars. ... I know our car is capable of winning; I just need to learn what to do behind the wheel.

"

While there is often a learning curve involved with making the leap to the Sprint Cup Series, Elliott has been thrust into an ideal situation as part of one of the top teams in NASCAR with the No. 24 and Hendrick Motorsports.

Racing in the Daytona 500 will bring pressure he hasn't felt before, but having already raced for an Xfinity title and being the son of former NASCAR superstar Bill Elliott, he is better prepared for the situation than anyone else his age possibly could be.

Jamie McMurray: 28-1

Nick Wass/Associated Press

Only six drivers in Sunday's Daytona 500 field have won at Daytona International Speedway more than once on the Sprint Cup circuit, and Jamie McMurray is one of them.

The 39-year-old veteran scored the biggest victory of his career in the 2010 Daytona 500, and a repeat Sunday could go a long way toward helping him build on what was a successful 2015 season.

McMurray made the Chase for the Sprint Cup for the first time last year, and he enters 2016 with more consistency than perhaps ever before.

The 2016 campaign will mark McMurray's second with Matt McCall as his crew chief as part of the No. 1 team, and he believes that bodes well for his chances at Daytona and beyond, per NASCAR.com's Zack Albert:

"

Getting to have a year together and go through the goods and the bads and kind of learn from that and see how each other reacts to that, I for sure feel better about Matt right now than I did a year ago. I didn't have any opinion because I didn't know him at the time, but he did a really exceptional job in his first year as a crew chief and does a really good job calling the races.

"

McMurray has essentially been an all-or-nothing driver at Daytona with just five top-10 finishes in 26 starts, but three have been top-fives and two have been wins.

Winning experience at Daytona is something that only a select few drivers have on their sides, and it should help McMurray significantly if he finds himself near the front of the field in the latter stages.

McMurray will need some luck on his side in terms of avoiding big wrecks over the course of the race, but at 28-1, he's perhaps the best long shot on the board.

Austin Dillon: 33-1

John Raoux/Associated Press

In terms of average finish, no driver in the 2016 Daytona 500 field owns a better mark than Dale Earnhardt Jr. However, No. 2 on that list may surprise some people, as the spot belongs to Austin Dillon.

With three top-10 finishes and one top-five result in five Sprint Cup Series starts at Daytona International Speedway, Dillon owns an average finish of 13.2, according to Racing-Reference.info.

He also won last year's summer Xfinity Series race at Daytona, so there is undoubtedly something about the track that brings out the best in the 25-year-old North Carolinian.

At the same time, Dillon has suffered through some tough moments at Daytona, such as this terrifying crash last July, per NASCAR on NBC:

Dillon somehow managed to escape that wreck unscathed, and he is ready to get back on the horse and pursue the first victory of his NASCAR Sprint Cup Series career.

While Dillon's elite potential has always been obvious, especially on the Xfinity circuit, it certainly feels as though he needs to get his first win out of the way in order to truly get over the hump in NASCAR's top series.

Daytona International Speedway has played host to its fair share of surprising winners in recent years, and while Dillon entering Victory Lane certainly wouldn't be the biggest shock in the field, it would open some eyes in terms of viewing him as a Chase contender for the first time.

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