No smoke with my Burnout.
If it's a sure grip and only one wheel is spinning, your sure grip is bad.
If it's a spool and only one wheel is spinning something is broke stripped or otherwise screwed.
The common denominator being....... Something is broke.
Fix that, then you can move onto why you don't have a smokey burn-out.
And like Caferacerx said..... Spool + unequal wheel speed = something is broken. You have zero slip with a spool.