- Josef Newgarden and Scott McLaughlin are the Indy 500 co-favorites with +500 odds.
- Rinus Veekay is the best bet for the Indy 500 despite his long +2000 odds to win on Sunday.
- NASCAR star Kyle Larson has +700 odds to win the Indy 500 and +500 odds to win the Coca-Cola 600 later that day.
INDIANAPOLIS – Betting odds for the Indy 500 show it will be a tight race at the infamous Indianapolis Motor Speedway. There isn’t a clear-cut favorite at online sportsbooks, but the shortest odds are shared between Josef Newgarden and Scott McLaughlin at +500.
Indy 500 Betting Odds
- Josef Newgarden +500
- Scott McLaughlin +500
- Kyle Larson +700
- Will Power +700
- Pato O'Ward +800
- Alex Palou +1000
- Alexander Rossi +1000
- Colton Herta +1000
- Scott Dixon +1400
- Santino Ferrucci +1800
- Rinus Veekay +2000
- Felix Rosenqvist +2800
- Kyle Kirkwood +2800
- Takuma Sato +3500
- Ryan Hunter-Reay +4000
- Christian Lundgaard +5000
- Christian Rasmussen +5000
- Helio Castroneves +5000
- Ed Carpenter +6000
- Graham Rahal +6000
Newgarden looks to make history as the first back-to-back winner at the Indy 500 in over 20 years after claiming victory in last year’s race. Meanwhile, co-favorite Scott McLaughlin has +500 odds at Indiana online sportsbooks to become the first multi-race winner of the IndyCar Series season.
We’re going against the storylines for the favorites and taking a longshot to win the Indy 500 with +2000 odds. Rinus Veekay is undervalued at mobile sportsbooks and is a win contender despite his longer odds.
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Best Longshot For Indy 500: Rinus Veekay At +2000 Odds
Across his last five Indy 500 races, Veekay has qualified seventh or better and posted two top 10 finishes. He even has a win at the Brickyard, although it came from the 2021 GMR Grand Prix.
Veekay has a more inspiring track history than the favorite Mclaughlin, who has finishes of 20th, 29th, and 14th in his last three Indy 500 starts. Another solid option is Kyle Larson at +700 odds, who’s also the +500 favorite to bet on NASCAR at the Coca-Cola 600 later that day in Indianapolis.
Zach graduated from Florida State University after majoring in Writing, Editing, and Media with a minor in Communication. He has a passion for sports betting and specializes in DFS for NFL, NBA, and MLB. At the casino, you can find Zach playing blackjack or roulette.
