Indy 500 Odds, Predictions, Picks: Potential Bets & Race Start Time

We’re hours away from the 109th running of the Indianapolis 500 for the Greatest Spectacle In Racing, with Josef Newgarden vying for the first-ever Indy 500 three-peat. However, this storyline is no longer at the forefront after he was sent to the back of the 33-car field because of a rules infraction regarding the rear-end attenuator, the bee stinger-like piece that is the de facto backside bumper. As a result, Newgarden is no longer favored to win the race. Let’s inspect the latest Indy 500 odds and potential bets at BetMGM and Fanatics Sportsbook.

Click any Indy 500 odds below to place a bet.

Indy 500 Betting Odds

Race WinnerBetMGM OddsFanatics Odds
Pato O'Ward+500+500
Alex Palou+500+570
Josef Newgarden+650+880
Scott Dixon+750+800
Takuma Sato+800+1050
Scott McLaughlin+900+1050
Felix Rosenqvist+1700+1600
Will Power+2000+2500
Robert Shwartzman+2000+975
Kyle Larson+2500+1900
Alexander Rossi+2500+1600
David Malukas+2500+2300
Christian Lundgaard+2500+2500
Colton Herta+3000+2800
Santino Ferrucci+3000+3250
Marcus Ericsson+3000+2700
Conor Daly+3000+2100
David Malukas+3500+2300
Helio Castroneves+5000+3250

Indianapolis 500: Race Start Time

  • Track: Indianapolis Motor Speedway, Indianapolis, Ind.
  • Time: Coverage starts Sunday, May 25, at noon ET; the race begins at 12:45 p.m.
  • TV: FOX

Indianapolis 500 Odds: Shop Around

Odds shopping, otherwise known as price shopping, is a tactic used by sportsbook customers to discover the best possible odds or lines for their bet of choice across the best sports betting sites. For instance, according to the Indy 500 odds board, Robert Shwartzman is +975 to win at Fanatics while showcasing a +2000 price tag at BetMGM. Interestingly enough, Shwartzman opened at +75000 odds in the offseason and was +20000 the morning of Sunday qualifying.

Let’s say you believe the market is still undervaluing the rookie, who won the pole position with a 232.790 mph average over four laps during the Fast Six and will lead the field to the green flag. By having multiple sportsbook accounts, in this case with BetMGM, you’ll reel in a greater payout if Shartzman’s Chevrolet crosses the finish line first.

Potential Indy 500 Bets & Predictions

Pato O’Ward: +500

O’Ward, the race favorite at most sites with the best sportsbook promos, will start third on the grid, his best-ever positioning in this race. The McLaren driver has finished second in the Indianapolis 500 in two of the last three years before tallying a third-place qualifying effort. He ranks second in INDYCAR championship standings with 148 points, 100 points behind BetMGM co-favorite Alex Palou, and has accrued the second-most laps led (51).

Will O’Ward finally carry the checkered flag at the Indy 500? Stay tuned.

Alexander Rossi: +2500

Speaking of winning this illustrious event, Rossi emerged victorious in 2016. Overall, he’s manufactured eight IndyCar wins in 147 starts, but just two have come on an oval, which the Indianapolis 500 presents. His second was at the 2018 Pocono 400, another 2.5-mile flat track. In nine starts in the Indy 500, Rossi has placed in the top five on six occasions. With history on his side, he could wind up with his second victory here.

Good luck with your bets on Indy 500 odds!

Best Sportsbook Promos For Indy 500 Odds

Rank
Sportsbooks
Bonus
Features
Play
1
Up to $1,500
In Bonus Bets
BetMGM Sportsbook Review
  • Up to $1,500 in Bonus Bets if Your First Bet Doesn't Win*

  • *Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms. 21+. Gambling Problem? Call 1-800-GAMBLER

  • Use Bonus Code: LINEUPS

2
Up to $1,000
In Bonus Bets
Bet365 Sportsbook Review
  • Bet $5 Get $150 in Bonus Bets Win or Lose
  • OR First Bet Safety Net up to $1,000
  • 30% Extra on Same Game Parlay Profit
  • T&Cs Apply. Gambling Problem? Call or text 1-800-GAMBLER 21+
  • Use Bonus Code: LINEUPSBET
3
Bet $1, Double Your Winnings
On Next 10 Wagers
Caesars Sportsbook Review
  • Stream NFL Games In-App for Free
  • 21+ Gambling problem? Call 1-800-GAMBLER
  • Use Promo Code: LINEUPSDYW
4
Bet $5
Get $150
In Bonus Bets
FanDuel Sportsbook Review
  • Bet $5, Get $150 in Bonus Bets if Your Bet Wins

  • Available on Desktop, Android & iOS

  • Gambling Problem? Call 1-800-GAMBLER. 21+

  • To Claim: Click Play Now

5
Bet $5
Get $150
In Bonus Bets
Hard Rock Bet Sportsbook  Review
  • Bet $5, Get $150 in Bonus Bets Instantly

  • Get Your Bets Boosted

  • 21+. Gambling Problem? Call/Text 1-800-Gambler. T&Cs apply

  • To Claim: Click Play Now

6
Up to $1,000
In No Sweat Bets
Fanatics Sportsbook Review
  • Bet and Get up to $1,000 in No Sweat Bets or Choose Your Own Offer
  • Earn FanCash & Spend it on Team Swag or More Bets
  • 21+. Gambling Problem? Call 1-800-GAMBLER
  • To Claim: Click Play Now
7
Up to $1,200 Bonus
New User Bonus. T&Cs Apply.
DraftKings Sportsbook Review
  • Bet $5 Get $150 in Bonus Bets Instantly!

  • PLUS Get a $50 Bonus Bet on Deposit

  • PLUS up to $1,000 Deposit Bonus

  • Gambling Problem? Call 1-800-GAMBLER

 

Post
Eli Hershkovich is a content editor for Catena Media. He’s been gambling for over a decade. His goal is to provide you with data and market insight to help lead you to winning bets. Eli specializes in college basketball, NFL, MLB, and the sports gambling landscape. He's most well-known for his futures bets on the hardwood. Three seasons ago, he cashed his 50-1 UConn ticket. He still hasn’t forgiven Virginia (and the refs) for ruining his 100-1 Texas Tech futures in the 2019 NCAA Tournament.

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