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Last updated: October 2026
Who will win the Indianapolis 500? There is no guaranteed winner in this unpredictable race, so bettors should compare driver odds, recent Indianapolis Motor Speedway performance, practice pace, and qualifying results before choosing a wager.
The Indianapolis 500 attracts both dedicated IndyCar fans and casual sports bettors. Outright winner markets offer the chance to back a single driver, while finishing-position and other prop bets provide alternative ways to approach the race.
Editorial Note: Betting odds and available markets change from race to race. Check the latest available lines and driver information before placing a wager. Historical odds should not be treated as current prices.
Indianapolis 500 Betting Options and Strategy
We are going to take a quick look at some of the betting options that may be available for the Indianapolis 500, while explaining how to assess them and which factors deserve caution.
Who Will Win the Indianapolis 500?
Picking the outright winner is an obvious way to bet on the race, but it is worth considering the difficulty of predicting a 500-mile event.
The Indianapolis 500 can produce unexpected results, and the pre-race favorite does not always finish near the front.
Drivers crossing over from other racing series can also influence public interest and betting markets. Kyle Larson, for example, has competed in the Indianapolis 500 while maintaining his NASCAR career.
Historical Indianapolis 500 Driver Odds
The following odds were quoted in the original 2025 article. They are historical examples, not current Indianapolis 500 betting lines.
- Josef Newgarden (+680)
- Pato O’Ward (+700)
- Kyle Larson (+740)
- Alex Palou (+970)
These prices illustrate how outright winner markets can offer different potential returns across several contenders. Always check the event year and the latest available odds before comparing drivers.
What Are Some of the Best Indianapolis 500 Prop Bets?
Rather than concentrating exclusively on the outright winner, bettors can compare other available markets. Prop availability and settlement rules vary, so review the specific terms before placing a wager.
Podium and Other Finishing Positions
Backing a driver to finish in the top five or top ten, or to reach the podium where that market is offered, provides an alternative to picking the outright winner.
These markets may offer lower odds than an outright winner bet, but a wider finishing target does not guarantee a winning wager. Compare the price with your assessment of the driver’s chances.
Fastest Lap
Fastest-lap markets can depend on car performance, race conditions, traffic, pit strategy, and when a driver has the opportunity to push for speed.
Practice and qualifying data can provide useful context, but they do not guarantee the same pace during the race.
Total Laps Led
A driver can lead many laps without winning the race. Laps-led markets focus on how much time a driver spends at the front rather than only on the final finishing position.
Qualifying position may be a useful starting point for analysis, but race pace, pit stops, cautions, and strategy can change the order throughout the event.
Final Thoughts About Indianapolis 500 Betting
Before betting on the Indianapolis 500, compare available odds, consider each driver’s recent performance and qualifying position, and confirm the rules for the market you select.
Set a fixed betting budget and decide your stake before placing wagers. Avoid going all-in on one driver or increasing stakes to recover losses. No betting strategy guarantees a profit.
MyBookie: Bet On Anything. Anywhere. Anytime.
Important: Sports betting involves risk. No strategy guarantees results, and managing exposure is essential.
About the Author
Henry Watkins is a Sports Writer at MyBookie. Originally from Scotland and currently residing in Metro Atlanta with his wife, Penny, Henry covers competitive and professional sports as well as the business of sports. In addition to his sports writing, he is an author of horror fiction, including Karaoke Night, Crueller, and Off The Grid.
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