Dixon Leads The Way As Indy 500 Favorite

Written By Derek Helling on May 27, 2021 - Last Updated on May 28, 2021
indy500 betting scott dixon odds

In Sunday’s 105th running, there’s a clear favorite among Indianapolis 500 betting odds. The case for Scott Dixon is probably the easiest to make; however, he isn’t the only competitor in the field worth considering.

Also in the field is a three-time winner, a driver who feels he has the best car in years and the defending champion.

The green flag for the 105th Indy 500 is at 11:45 p.m. Sunday, May 30.

All Iowa sportsbooks favor Dixon

Most Iowa sports betting apps have Dixon sitting atop their winner markets around +350. Dixon finished first in two practice runs earlier this month. In three other practice sessions, the worst he finished was eighth.

In 2020, he led over half of the laps before ultimately finishing second. Over his last three Indy 500 appearances, he hasn’t finished worst than third. All these signs seem to be pointing toward him being the safest bet but perhaps not the most likely winner.

Tony Kanaan (+1400 to win at BetMGM Sportsbook) feels the car he’s bringing to the race on Sunday is superior to those he’s recently used in this event. The 2013 winner finished in the top five in each of the past four practice sessions, including a first-place finish on Day 3.

If you’re looking for more drivers with history on their side, perhaps Rinus Veekay is of interest (+1800 to win at FanDuel Sportsbook). The Indy 500 is where Veekay earned his first podium, pole and top-five finish in his career.

Indy 500 odds to finish first at Iowa sportsbooks

Here’s the first 10 listed at Iowa’s top sportsbooks (updated May 28):

Scott Dixon+350+330+350+380+500
Colton Herta+700+750+700+700+550
Patricio O'Ward+1100+800+850+1100+800
Alexander Rossi+1400+1300+1200+1300+1200
Rinus VeeKay+1400+1800+1800+1600+1500
Josef Newgarden+1500+1300+1200+1600+1200
Tony Kanaan+1600+1700+1400+1800+2000
Graham Rahal+1800+1800+1800+2200+1800
Marcas Ericsson+2000+2500+2000+2200+2200
Takuma Sato+2000+2000+1800+2200+1800

What could prove most telling is where these racers are starting. In the IndyCar series, the winners of 11 of the past 15 races have started first, second or third. In a larger sample of the past 38 races, the winners of all but four of those events started no worse than 10th.

If the field seems a little too muddled or you don’t like the odds on the driver of your choice to win, there are other ways to bet this race in Iowa.

Indy 500 prop bets, head-to-head markets

At several Iowa books, you can take a driver to finish in the top three or top five at the finish.

Pato O’Ward, the Rookie of the Race at the 104th Indy 500, is +215 to finish in the top three at DraftKings.

Other DraftKings Indy props are:

  • Car number of race winner: Even -139 or odd +105
  • Engine manufacturer of winning car: Honda -235 or Chevrolet +172

PointsBet Sportsbook is offering Indy 500 prop markets for Sunday’s race, too:

  • Car number of race winner: Over 14.5 +105 or under 14.5 -135
  • Team of race winner: Chip Ganassi Racing +200, Team Penski +550 and more

For example, you can stake 2020 winner Takuma Sato to win Group D at +220 there.

There are a lot of head-to-head markets at William Hill Sportsbook. In those, you simply pick one driver to finish ahead of the other. Indiana native Ed Carpenter is -125 to beat Scott McLaughlin there, for example.

Regardless of how you like to bet on racing, Iowa sportsbooks have you covered.

Photo by Michael Conroy / AP
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Derek Helling

Derek Helling is a lead writer for PlayUSA and the manager of BetHer. He is a 2013 graduate of the University of Iowa and covers the intersections of sports with business and the law.

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