IndyCar 2023 Hy-Vee Homefront 250 Grand Prix Betting Odds and Analysis

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There are 7 races remaining in the IndyCar season, and it is beginning to look as though we have a clear winner emerging. A lot can happen over the course of 7 races, but the lead that Alex Palou has built up is beginning to look impossible to overcome. We will have a much clearer picture after this weekend, though, as we are preparing for a doubleheader at the Iowa Speedway. The race that we are focusing on here is the Hy-Vee Homefront 250, which is set to go on Saturday at 3 PM EST, but the reality is that the drivers we are going to discuss here are likely to be the favorites in both races. Let’s take a look at those drivers who are likely to make the biggest impact this weekend in your IndyCar betting.

IndyCar Betting Analysis and Prediction for the Hy-Vee Homefront 250 | IndyCar Lines by MyBookie

Race 1 When: Sunday, July 22 at 3:00 pm ET
Where: Iowa Speedway, Newton IA
TV / Streaming: NBC, Peacock

Alex Palou

IndyCar Odds: -1492

After winning the championship in 2021, Palou took a bit of a backward step last year, finishing in 5th overall. With 7 races to go, it looks as though he is set to win his second title in 3 years, as he has built up a staggering 117-point lead, which he did by winning 4 of the last 6 races. He was on a 3-race win streak before seeing it snapped last time out in Toronto 2nd in that one, ahead of the chasing pack, which actually helped him pad his lead a little more. He did not perform well in the doubleheader in Iowa last year, so might he open the door just a crack for the drivers chasing him?

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MyBookie Betting Lines for the Race

Scott Dixon

IndyCar Odds: +1025

One of the most successful drivers in the history of the sport is the one who is closest to Palou at this stage of the proceedings. Dixon is sitting on 300 points and has a ton of work to do if he is to win his 7th career world championship. That seems a little unlikely, especially when you consider that Dixon has not won a race this season. He would need to buck that trend and be damn near perfect the rest of the way to win this whole thing. He finished 5th and 4th, respectively, in Iowa last season.

Bet Scott Dixon to Win Today
MyBookie Betting Lines for the Race

Josef Newgarden

IndyCar Odds: +1025

Another former champion rounds out the current top 3 in the driver standings, with Newgarden sitting just behind Dixon with 291 total points. Newgarden has won a couple of races this season, but he has also been inconsistent at times and is now on a run that has seen him fail to win in 4 straight races, while also failing to land on the podium in 3 of those 4 outings. If there is a reason to wager on him this weekend, it is that he won this corresponding race in 2022, so perhaps he can get back on track here.

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MyBookie Betting Lines for the Race

Marcus Ericsson

IndyCar Odds: +1725

For Ericsson, the reality at this stage of the season is that he is likely just looking for the best finish possible. Ericsson has 275 points, which leaves him 142 points off the pace being set by Palou at the top of the driver standings. There is no way he can make up that much ground in the final 7 races of the season. In fact, he is heading in the wrong direction and has now gone 4 straight races without a podium finish. He landed outside the top 5 in both Iowa races last season.

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MyBookie Betting Lines for the Race

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