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Indianapolis 500: Odds, Tips and Predictions 05/26/24

Auto Racing Betting Tips Β· - Β·

Publish Date: 05/24/2024
Fact checked by: Mark Lewis

Thirty-three drivers will compete in the 108th Indianapolis 500 race at 12:45 p.m. ET on NBC and Peacock, Sunday.

Kyle Larson seeks to join John Andretti, Davy Jones, Robby Gordon, Tony Stewart, and Kurt Busch as full-time NASCAR Cup Series drivers who race both the Indy 500 and Coke 600 races. Five drivers have accomplished this feat thus far; none has managed to win either event. Stewart finished sixth at the Indy 500 in 2001 before coming third at the Coke 600 in 2002 as an example of extraordinary double-duty performance.

Larson may be taking plenty of action, but Scott McLaughlin remains the betting favorite despite holding sixth in IndyCar standings and leading 60 laps through four races.

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Indianapolis 500

  • The green flag for the Indy 500 will be at 12:45 p.m. ET.
  • Roger Penske will give the command to start engines at 12:38 p.m. ET.
  • Driver introductions will take place at 11:47 a.m. ET
  • ET and Jordin Sparks singing the national anthem at 12:24 p.m. ET.

Our Best Pick: McLaughlin (+400)

Trends point towards NTT P1 Award winner McLaughlin taking home this coveted victory. Chevrolet currently occupies the No. 1 pit stall with race engineer Ben Bretzman at the wheel; last time Bretzman held this position was when Simon Pagenaud won the Indianapolis 500 from…the pole, where McLaughlin starts.

McLaughlin has proven his worth on oval tracks other than Indianapolis. At Texas Motor Speedway, he earned two runner-up finishes among four Top-10 results; on short oval tracks at Iowa Speedway and World Wide Technology Raceway, he managed six Top-5 results from seven combined starts. McLaughlin is most people’s choice to win and for good reason.

DraftKings
DraftKings
4.5/5
Tip: Bet the McLaughlin to Win
  • Best Pit Crew
  • Chevrolet
  • McLaughlin great on Ovals
Bet $5, Get $150 Instantly
Go to DraftKings

The Indy 500 betting sites

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Top Favorites

Alexander Rossi (+1,000)

It seems criminal that Alexander Rossi hasn’t won another “500” since his incredible rookie victory at the 100th Running of this renowned race in 2016. Since then, Rossi has finished seventh, fourth, second (led 17 laps), 29th (led 17 laps), fifth, fifth, fifth in seven attempts at victory – without success so far. But this time around Rossi looks strong – finishing ninth during Monday practice and qualifying fourth as non-Penske driver overall in the field.If you are looking for the best sportsbook, we’ve got you covered as we break down the best sports betting app

Will Power (+650)

The 2018 Indianapolis 500 winner starts second and has three runner-up finishes in four races this season. He was second, ninth, and third, respectively, in the last three race practices. Don’t be surprised if he makes a serious charge at winning this race.

Pato O’Ward (+1,100)

O’Ward may be unhappy with where his car sits but don’t count him out yet. In practice sessions, he was fourth, seventh, first, and fifth on the speed charts, respectively. Starting eighth, he has recorded finishes of sixth, fourth, second, and 24th overall in recent races.

O’Ward finished in the Top 3 on Lap 192 of 2022’s Indy 500 before falling during Turn 3 after leading 39 laps – his most ever at any “500”. Additionally, in 2021 and 2022 he led 17 and 26 respectively, respectively on oval tracks where he placed in the Top 10 results; including two wins and six second-place results on ovals.

DraftKings
DraftKings
4.5/5
Tip: Bet McLaughlin to Win
  • Rossi Previous Winner
  • Power has been consistently near the top
  • O’Ward Top 10
Bet $5, Get $150 Instantly
Go to DraftKings

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My Top longshots

Helio Castroneves (+4,000)

Castroneves last won the Indianapolis 500 when competing part-time on NTT INDYCAR SERIES circuits; will history repeat itself this time? According to his peers, Castroneves’ Meyer Shank Racing Honda looks strong; he placed sixth, 10th, 13th and 13th during race practice and knows what it takes to succeed here.

Felix Rosenqvist (+2,500)

As 14 out of the last 15 Indianapolis 500 races have been won by drivers aged 30 or above, Rosenqvist stands head and shoulders above other potential contenders to join this club. Furthermore, he has led at least six laps in each of his five “500” starts; had it not been for his Lap 183 crash while racing for sixth place, he would likely have taken second-straight Top-5 finish here.

Santino Ferrucci (+1,800)

At each of his five Indianapolis 500 races, the AJ Foyt Racing driver has never finished inside of the Top 10. Last year, he led 11 laps en route to third place – this year, he starts sixth! Make no mistake Ferruci is a dangerous driver.

Alex Palou (+1,200)

After leading 35 laps and falling just short behind Castroneves at 2021’s Indy 500 runner-up finish, in 2022, Palou started second and led 47 laps before again suffering heartbreak due to being one of two fast cars but getting hit with a drive-through penalty he couldn’t override.

DraftKings
DraftKings
4.5/5
Tip: Bet McLaughlin to Win
  • Rosenqvist experienced Driver
  • Ferrucci in Top of every Indy 500 he’s been in
  • Palou is cursed
Bet $5, Get $150 Instantly
Go to DraftKings

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Mike GoodpasterJosh SchwartzSimon BriffaMark LewisSamuel Teets
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