Indy 500 Odds Update: Elite Racers and Historic Venue

The 2024 Indy 500 promises intense competition and high drama, as seasoned veterans and rising stars converge at the historic Indianapolis Motor Speedway.

Each driver not only races against their contemporaries but also against the rich history of one of auto racing’s most revered events. As the race day approaches, fans and participants alike anticipate another thrilling chapter in the enduring legacy of the Indy 500.

The Indianapolis 500, often referred to as “The Greatest Spectacle in Racing,” is set to captivate audiences for the 108th running on May 26th, 2024, at the iconic Indianapolis Motor Speedway.

This event, deeply ingrained in auto racing history since its inception in 1911, continues to be a pinnacle of IndyCar racing, drawing the finest drivers from around the globe.

Historical Context of the Indy 500

The Indy 500 is not just another race; it’s a century-old tradition that has become a cornerstone of American motorsports. Known for its high speeds and close finishes, the race covers 500 miles, a distance that has tested the skill and endurance of countless drivers through the decades.

Legends like A.J. Foyt, Al Unser, and Rick Mears have all etched their names into its storied history by winning the race four times each. The track itself, a 2.5-mile oval, is famous for its four distinct corners, each presenting unique challenges that have shaped the outcomes of races for over a century.

2024 Race: Top Contenders

Alex Palou (+600)

Alex Palou, representing Chip Ganassi Racing, is the current favorite with odds of +600. Despite a fourth-place finish at last year’s Indy 500, expectations remain high for Palou, especially following his record-setting pole speed of 234.217 MPH in the 2023 qualifiers. His rapid rise in the IndyCar Series highlights him as a potent contender for this year’s race.

Josef Newgarden (+800)

Josef Newgarden, priced at +800, brings a wealth of experience from his time with Team Penske. The defending champion aims for a back-to-back victory, a rare feat last achieved by Hélio Castroneves in the early 2000s. Newgarden’s deep understanding of the race dynamics and strong performance history makes him a strong candidate for repeating his success.

Pato O’Ward (+600)

At +600, Pato O’Ward is a young but formidable challenger in this year’s lineup. With a track record of consistent top-ten finishes in the IndyCar Series and a growing prowess since joining Arrow McLaren, O’Ward is driven to overcome last year’s close call and secure a landmark victory at Indianapolis.

Scott Dixon (+900)

Scott Dixon, available at +900 at BetOnline, seeks to recapture his 2008 Indy 500 glory. Despite several near wins since then, Dixon’s expertise and strategic racing acumen keep him in the conversation for top contenders. His extensive experience could be a decisive advantage in the challenging race environment of the Indy 500.

Driver	Odds at BetOnline
Pato O’Ward	+600
Alex Palou	+600
Kyle Larson	+700
Josef Newgarden	+750
Scott Dixon	+900
Scott McLaughlin	+1200
Marcus Ericsson	+1200
Alexander Rossi	+1400
Will Power	+1600
Felix Rosenqvist	+1800
Kyle Kirkwood	+2000
Santino Ferrucci	+2000
Colton Herta	+2200
Rinus Veekay	+2200
Linus Lundqvist	+2500
Takuma Sato	+2500
Christian Lundgaard	+3300
Graham Rahal	+4000
Conor Daly	+4000
Helio Castroneves	+4000
Romain Grosjean	+5000
Marcus Armstrong	+5000
Ed Carpenter	+5000
Marco Andretti	+6600
Ryan Hunter-Reay	+6600
Pietro Fittipaldi	+10000
Tom Blomqvist	+15000
Nolan Siegel	+15000
Kyffin Simpson	+20000
Christian Rasmussen	+20000
Sting Ray Robb	+20000
Agustin Canapino	+30000
Katherine Legge	+30000
RC Enerson	+30000

View the Latest Indy 500 Odds