Best Odds To Win Indy 500

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Odds For Indianapolis NASCAR Race. Who are the front-runners to finish first at Indianapolis? That can be found in the table underneath. While the racing field includes more than forty drivers, the ones highlighted here have the top NASCAR odds to win Indianapolis, among bookmakers.We update these betting lines in real-time so you’re always up to speed on the big race.

The 104th edition of the Indianapolis 500 is scheduled for August 23, 2020 in Speedway, Indiana. The 500-mile race is one of the most prestigious in all of motor sports. Together with the Monaco Grand Prix and the 24 Hours of Le Mans, it forms the Triple Crown of Motorsport.

  1. The smell of rubber and asphalt brings to mind the best Indy 500 betting! As you know, the.
  2. The odds, picks, and projections for the 2020 Indy 500 have been released. The race takes place this Sunday, August 23. Coverage begins at 1 p.m. ET on NBC and will be streaming on the NBC Sports app.
  3. One surprise: Roberts is not high on Colton Herta, one of the popular picks at 12-1 Indy 500 odds.
  4. Further down the Indianapolis 500 odds, Scott Dixon closely trails the favorites at +900, just ahead of three-time Indy 500 winner Helio Castroneves at +1000, while Spencer Pigot joins Colton Herta at +1200. Dixon a Model of Consistency Since Last Season.

Best Indy 500 betting sites

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Best Odds To Win Indy 500 Tickets

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Indy 500 betting odds 2021

Scott Dixon is the betting favorite at the Indy 500, but a group of drivers isn’t far behind at around +800 (8/1) odds. That cluster includes Alexander Rossi, Ryan Hunter-Reay and Marco Andretti, who held off Dixon in qualifying to win the Indy 500 pole. See below for betting odds to win the 2020 Indy 500.

08/23/2020
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How to bet on the Indianapolis 500

Betting on race cars bears some similarities to horseracing. So, if you are familiar with handicapping the ponies, there will be some familiar ground here.

Pick the Winner

The first and simplest type of Indianapolis 500 wager is to pick the eventual winner. Almost every site that offers betting on motorsports will have this kind of wager available.

The odds on these types of bets are usually fairly long, even for the favorites. There are simply too many variables in motorsports that can affect the outcome of a race.

As a result, even the favorites don’t less than 6-1 odds.

Even past winners, such as Helio Castroneves and Tony Kanaan, are available at odds higher than 10:1 right now. So, there is quite a bit of variance in these kinds of situations.

Top Three Finish

Those accustomed to betting on horse races will recognize this style of betting. For all intents and purposes, betting on a top three finish is the same as a win-place-show bet on a particular horse.

Basically, this type of bet means that the bettor believes the chosen driver will finish somewhere in the top three. Given how long the odds are for any of the drivers in the field, it’s understandable that bettors would want a bit of leeway in the finishing order.

Head to Head Matchups

Head-to-head matchups essentially reduce the entire race down to two drivers. A bettor wagers on which of the two will place higher, even if those places are the last two in the field.

These matchups actually use moneylines in order to identify the favorite and underdog in each pairing. So, hypothetically, Will Power could go off at -125 to Helio Castroneves at +145..and so on.

Futures bets

Functionally, a future bet is the same as a pick the winner bet. The bettor is choosing a member of the field to win the race.

However, the difference is time. These bets often occur weeks or months before the race itself.

As a result, they are subject to far more variation due to the risk of drivers suffering injuries, setbacks, or simply falling off their game in the interim time period. So, the odds for these bets can change quite a bit as race time approaches.

Proposition bets

Finally, a proposition bet on Indianapolis 500 tends to involve some sort of gimmick or angle to the wager. In other words, the conditions of the bet may only partially pertain to the driver’s actual ability.

So, a prop bet could be something like a wager on which former champion will place the highest, or perhaps a bet on the winner’s home country. In other words, a prop bet will have an element ancillary to the actual race itself that plays a part in the wager.

Indy 500 fast facts

For those in a hurry, here is a quick guide to the upcoming race:

  • Date: Sunday, August 23, 2020
  • Time: 12:30 p.m. Eastern
  • TV: NBC
  • Easiest way to watch online: Sign into NBC.com and submit cable subscription information
  • Other online viewing options: Hulu, YouTube, Fubo, DirecTV, Sling, and IMS Stream
  • Track: Indianapolis Motor Speedway in Speedway, Indiana
  • Distance: 500 miles (about 200 laps around the track)
  • Surface: Asphalt and brick
  • Race series: IndyCar
  • Defending champion: Simon Pagenaud

A brief history of the Indianapolis 500

The Indianapolis 500 ran for the first time in 1911, with Ray Harroun winning the inaugural race. Since then, both the race and the racetrack have become one of the most famous auto races in the world. The annual event is often dubbed “The Greatest Spectacle in Racing.”

The 500-mile race takes place in an open-wheel, open-cockpit format, meaning that vehicles’ tires and drivers are exposed to the open air. This format has come to be known as “Indy Car Racing,” due to its presence at this event.

The track itself is a rectangular oval nicknamed “The Brickyard” for its partial brick surfacing. Indianapolis Motor Speedway is the highest-capacity sports venue in the world, with permanent seating for over 250,000 patrons. On race day, more than 300,000 will watch the race.

As with many venerated sporting events, there are several traditions associated with the Indianapolis 500. Before each race, race officials and a designated singer lead the crowd in a rendition of “Back Home Again in Indiana.”

The winning driver traditionally drinks from a bottle of milk to celebrate his victory. Below is a list of the most recent competitors to sample dairy products at the end of the race.

Recent Indianapolis 500 winners

YearDriverCountry
1996Buddy LazierUSA
1997Arie LuyendykNetherlands
1998Eddie CheeverUSA
1999Kenny BräckSweden
2000Juan Pablo MontoyaColombia
2001Hélio CastronevesBrazil
2002Hélio CastronevesBrazil
2003Gil de FerranBrazil
2004Buddy RiceUSA
2005Dan WheldonUK
2006Sam Hornish Jr.USA
2007Dario FranchittiUK
2008Scott DixonNew Zealand
2009Hélio CastronevesBrazil
2010Dario FranchittiUK
2011Dan WheldonUK
2012Dario FranchittiUK
2013Tony KanaanBrazil
2014Ryan Hunter-ReayUSA
2015Juan Pablo MontoyaColombia
2016Alexander RossiUSA
2017Takuma SatoJapan
2018Will PowerAustralia
2019Simon PagenaudFrance
© Provided by CBS Sports

Red Bull's Daniel Ricciardo takes home the checkered flag in the 2018 Monaco F1 Grand Prix.

The 2020 Indianapolis 500 has undergone plenty of changes due to the coronavirus pandemic, which has disrupted lives around the world. For the first time in the race's history, it won't be held around Memorial Day Weekend, and the organizers made the decision to keep fans out of the stands. However, it's still Indianapolis Motor Speedway, the winners will still be champions of 'The Greatest Spectacle In Racing,' and there will still be a bottle of milk waiting for them in Victory Lane. The race gets underway at 1 p.m. ET on Sunday.

Best Odds To Win Indy 500 2020

Simon Pagenaud will try to capture his second title in a row at 'The Brickyard,' which would make him the first back-to-back winner since Helio Castroneves. Pagenaud is 11-1 to repeat in the latest 2020 Indianapolis 500 odds from William Hill, but there are five drivers with shorter 2020 Indy 500 odds, including race favorite Scott Dixon (4-1), Alexander Rossi (7-1) and Marco Andretti (15-2). Before making any 2020 Indianapolis 500 picks, be sure to see the latest 2020 Indy 500 predictions and projected leaderboard from the model at SportsLine.

Developed by daily Fantasy pro and SportsLine predictive data engineer Mike McClure, this proprietary racing prediction model simulates every race 10,000 times, taking into account factors such as track history and recent results.

The model has made several huge calls in NASCAR this year, picking Denny Hamlin to win his second consecutive Daytona 500 at 10-1. Using the model, McClure also recommended an outright play on winner Brad Keselowski at 13-1 as one of his best bets at Bristol. The model also called Kevin Harvick's win at Atlanta and nailed a whopping nine top-10 finishers in that race. Additionally, McClure used the model to lock in a bet for Hamlin at 10-1 for his win at Miami.

And in IndyCar, it called five of the top 10 finishers in the Indianapolis 500 in 2018 and 2019. The model knows what it takes to win in Indianapolis, and anybody who has followed it has seen huge returns.

Now, the model simulated the Indianapolis 500 2020 on Sunday, August 23 10,000 times. Head here to see the complete projected leaderboard.

Top 2020 Indianapolis 500 predictions

For the 2020 Indianapolis 500, the model is high on Graham Rahal, even though he's a 25-1 long shot in the latest 2020 Indy 500 odds. He's a target for anyone looking for a huge payday. Graham's father, Bobby Rahal, was the 1986 Indianapolis 500 champion, and the 31-year-old has already recorded three top-10 finishes at the Indy 500.

Rahal finished 10th in 2018, fifth in 2015, and third in 2011. He is coming off a third-place finish at Iowa in his last start and owns three top-10 finishes in six starts on the IndyCar Series so far in 2020.

And a massive shocker: Ryan Hunter-Reay, one of the top favorites at 10-1 and a past Indy 500 winner (2014), stumbles big-time and doesn't even crack the top five. There are far better values in this loaded 2020 Indianapolis 500 starting lineup.

The Andretti Autosport driver has been struggling this season, entering the weekend with three consecutive finishes outside the top 15. He finished a disappointing 13th in the July race at Indianapolis, and doesn't have any top-three finishes all season long. With shorter odds and not much success this season, Hunter-Reay is one of the 2020 Indy 500 favorites to avoid.

How to make 2020 Indianapolis 500 picks

The model is also targeting two other drivers with 2020 Indianapolis 500 odds of 14-1 or longer to make a serious run at the checkered flag, including a massive long shot. Anyone who backs these drivers could hit it big. You can only see them here.

So who wins Sunday's Indianapolis 500 2020? And which long shots stun IndyCar? Check out the latest odds below and then visit SportsLine now to see the full projected 2020 Indy 500 leaderboard, all from the model that has crushed its NASCAR picks and called five of the top 10 drivers at the Indianapolis 500 the past two years, and find out.

2020 Indianapolis 500 odds (via William Hill)

Scott Dixon 4-1

Alexander Rossi 7-1

Marco Andretti 15-2

Ryan Hunter-Reay 10-1

Josef Newgarden 10-1

Simon Pagenaud 11-1

Will Power 12-1

Takuma Sato 14-1

Rinus VeeKay 14-1

Marcus Ericsson 20-1

Best Odds To Win Indy 500

Colton Herta 20-1

Felix Rosenqvist 25-1

Graham Rahal 25-1

James Hinchcliffe 25-1

Helio Castroneves 28-1

Pato O'Ward 30-1

Fernando Alonso 30-1

Conor Daly 35-1

Ed Carpenter 40-1

Alex Palou 40-1

Santino Ferrucci 50-1

Oliver Askew 50-1

Odds

Zach Veach 55-1

Spencer Pigot 75-1

Tony Kanaan 75-1

Jack Harvey 125-1

Charlie Kimball 250-1

Max Chilton 500-1

Sage Karam 500-1

Best Odds To Win Indy 500 Car

J.R. Hildebrand 500-1

Dalton Kellett 500-1

James Davison 500-1

Best Odds To Win Indy 500 2019

Ben Hanley 1000-1