Betting Alex Palou to Win the Indy 500 with +550 odds

  • Alex Palou is a +500 favorite to win the 107th running of the Indy 500.
  • Former two-time winner Takuma Sato has +1000 odds to win a third Indy 500 on Sunday.
  • Marcus Ericsson won the event last year and has +1200 to win back-to-back Indy 500’s at Indianapolis Motor Speedway.

INDIANAPOLISAlex Palou leads the 33-car betting board for the 2023 Indianapolis 500 on Sunday. Palou has +550 odds to win the Indy 500 and leads the IndyCar Series in points this season.

Indy 500 Winner Odds

  • Alex Palou +550
  • Pato O'Ward +600
  • Scott Dixon +850
  • Takuma Sato +1000
  • Alexander Rossi +1200
  • Marcus Ericsson +1200
  • Santino Ferrucci +1200
  • Felix Rosenqvist +1400
  • Josef Newgarden +1400
  • Will Power +1600

Palou led 52 of the 85 laps at the Indy Grand Prix and won by an incredible 16.8 seconds. Pato O’Ward with +600 odds at online gambling sites was the runner-up.

Pato O’Ward and Alex Palou each have four top-five finishes, leading the IndyCar Series in that measure.

Marcus Ericsson won the Indy 500 in last year’s event and has long +1200 odds despite his current ranking as the third best driver. Ericsson has a win this season and has placed top 10 in every race.

Indy 500 Winning Manufacturer Odds

  • Honda -130
  • Chevrolet EVEN

Alex Palou (+550), Scott Dixon (+850), Takuma Sato (+1000), and Marcus Ericsson (+1200) are members of Chip Ganassi Racing who race Honda cars. There are -130 odds at Indiana gambling sites for Honda to be the winning manufacturer at the Indy 500.

Despite only racing in one event this season, Takuma Sato has value at +1000 considering he has the most Indy 500 event wins of the field. Sato won the IndyCar Series premier event in 2017 and 2020.