Indy 500 odds are on the board for the 106th running of the race, which will take place on Sunday, May 29 at Indianapolis Motor Speedway.
The odds board features a handful of familiar faces, including Scott Dixon and last year's IndyCar Series champion, Alex Palou, both available at +800.
Check out the full board in our Indianapolis 500 odds update below.
Odds to win the Indy 500
| Driver | Odds to win the Indy 500 |
|---|---|
| Scott Dixon | +800 |
| Josef Newgarden | +800 |
| Alex Palou | +800 |
| Colton Herta | +900 |
| Pato O'Ward | +1,000 |
| Scott McLaughlin | +1,000 |
| Will Power | +1,200 |
| Helio Castroneves | +1,600 |
| Alexander Rossi | +1,800 |
| Tony Kanaan | +2,000 |
| Graham Rahal | +2,000 |
| Felix Rosenqvist | +2,500 |
| Takuma Sato | +2,500 |
| Simon Pagenaud | +2,500 |
| Rinus Veekay | +2,500 |
| Marcus Ericsson | +2,500 |
| Romain Grosjean | +2,500 |
| Jimmie Johnson | +2,500 |
| Juan Pablo Montoya | +3,000 |
| Ed Carpenter | +3,500 |
| Marco Andretti | +4,000 |
| Conor Daly | +4,000 |
| Kyle Kirkwood | +5,000 |
| Devlin DeFrancesco | +6,000 |
| Jack Harvey | +6,000 |
| Santino Ferrucci | +7,000 |
| Christian Lundgaard | +8,000 |
| Sage Karam | +8,000 |
| David Malukas | +10,000 |
| J.R. Hildebrand | +15,000 |
| Callum Ilott | +15,000 |
| Dalton Kellett | +20,000 |
| Stefan Wilson | +20,000 |
Odds courtesy of DraftKings Sportsbook, as of May 19, 2022.
Favorites to win the Indy 500
Scott Dixon (+800)
The six-time IndyCar Series champion, Scott Dixon, is one of three guys atop the board at +800.
He currently sits fifth in this year's points standings with a couple of Top-5 finishes to his name. Finished 17th in last year's edition but took the checkered flag at this race back in 2008.
Josef Newgarden (+800)
Newgarden finished just outside of the Top 10 in last year's Indy 500 (his best finish is fourth in 2018), but the two-time IndyCar Series winner has already notched wins at the XPEL 375 and Acura Grand Prix of Long Beach to start his season strong.
Alex Palou (+800)
Last year's IndyCar Series champ, Alex Palou, rounds out the trio of guys at +800.
While without a win in 2022, the 25-year-old has three Top-5 showings among four Top 10s under his belt and as such, should always be considered a serious threat. .
Indy 500 betting history
| Year | Indy 500 winner | Odds |
|---|---|---|
| 2021 | Helio Castroneves | +3,000 |
| 2020 | Takuma Sato | +1,600 |
| 2019 | Simon Pagenaud | +800 |
| 2018 | Will Power | +800 |
| 2017 | Takuma Sato | +2,500 |
| 2016 | Alexander Rossi | +2,000 |
| 2015 | Juan Pablo Montoya | +700 |
| 2014 | Ryan Hunter-Reay | +1,000 |
| 2013 | Tony Kanaan | +1,400 |
| 2012 | Dario Franchitti | +500 |
| 2011 | Dan Wheldon | +1,000 |
| 2010 | Dario Franchitti | +400 |
2022 Indy 500 Odds FAQs
Scott Dixon, Josef Newgarden, and Alex Palou are all atop the board as +800 co-favorites to win the 2022 Indianapolis 500.
The 2022 Indy 500 takes place on Sunday, May 22 at Indianapolis Motor Speedway.
Helio Castroneves won the 2021 Indy 500 with pre-race odds of +3,000. He's available to repeat at +1,600.
