2025 Indianapolis 500 Odds - IndyCar Series Betting

Indianapolis 500 Betting Online

IndyCar Series Indianapolis 500 Betting

The 2025 Indianapolis 500 takes place on Sunday, May 25, with 33 drivers attempting to pass under the checkered flag first. Josef Newgarden is the two-time defending champion but he is the fourth choice in the betting odds, as Newgarden will start in the back after being penalized for a rules violation. Starting on the pole will be Robert Shwartzman but he is not among the favorites, as he is listed with Indy 500 odds of +1351. The co-favorites to win Sunday’s race are Alex Palou and Pato O’Ward at odds of +550. Palou has dominated the IndyCar Series this season, winning four of the five races, while O’Ward will start from the third position. Former Indy 500 winner Scott Dixon is third in Indy 500 odds at +801, while Newgarden is next at +926. All other drivers are listed at double-digit odds. The spotlight will definitely be on Newgarden and his Penske teammate Will Power, as both cars will start from the back of the field after they failed inspection. The 2025 Indianapolis 500 will feature eight past winners of the race.

They are Newgarden, Dixon, four-time winner Helio Castroneves, two-time winner Takuma Sato, Marcus Ericsson, Power, Alexander Rossi and Ryan Hunter-Reay. Another story to keep an eye on will be Kyle Larson looking to pull off double-duty on Sunday. He will try and race at Indianapolis in the Indy 500 and then later in the day in the Coca-Cola 600 NASCAR race in Charlotte. Larson is listed at odds of +1450 to win the Indy 500 and he will be one of the favorites to win the Charlotte race.

2025 Indianapolis 500 At a Glance

Date: Sunday, May 25, 2025

Racetrack: Indianapolis Motor Speedway, Indianapolis, IN

Track Length: 2.5 miles

Total Laps: 200

Defending Champion: Josef Newgarden

No race in the United States has the history or pageantry of the Indianapolis 500. This will be the 108th running of this race, and 300,000 fans will pack the stands. We are sure to see plenty of excitement as drivers look to drink the milk and kiss the bricks at Indianapolis Motor Speedway, but that latter tradition is relatively recent. Dale Jarrett was the first driver to ceremoniously kiss the bricks after winning the Brickyard 400 in 1996.

Motor Racing Betting Lines

Alex Palou +550

Pato OWard +550

Scott Dixon +801

Josef Newgarden +926

Scott McLaughlin +1026

Takuma Sato +1251

Robert Shwartzman +1351

Kyle Larson +1450

Felix Rosenqvist +1551

Will Power +1850

Kyle Kirkwood +2001

Marcus Ericsson +2333

David Malukas +2439

Alexander Rossi +2439

Christian Lundgaard +2439

Colton Herta +2439

Helio Castroneves +2883

Santino Ferrucci +3600

Conor Daly +3811

Ed Carpenter +6343

Graham Rahal +6870

Ryan Hunter-Reay +6870

Louis Foster +9000

Devlin DeFrancesco +9507

Kyffin Simpsom +10557

Marco Andretti +11611

Christian Rasmussen +11611

Callum Ilott +11611

Rinus Veekay +11611

Marcus Amstrong +11611

Sting Ray Robb +12664

Jack Harvey +13191

Nolan Siegel +15821

For the second time in a decade a driver will attempt one of the most difficult feats in motorsport. Called Double Duty, the term refers to a driver running two races in the same weekend or on the same day. In this case the Indy 500 and Coca-Cola 600 on Sunday. Larson is getting some respect in Indy 500 odds, as he is listed as the eighth choice in the betting odds at +1450.

2025 Indy 500 Field

Position, Driver (Qualifying Speed), Row

1. Robert Shwartzman (232.790 mph) Row 1

2. Takuma Sato (232.478 mph) Row 1

3. Pato O'Ward (232.098 mph) Row 1

4. Scott Dixon (232.052 mph) Row 2

5. Felix Rosenqvist (231.987 mph) Row 2

6. Àlex Palou (231.378 mph) Row 2

7. David Malukas (231.599 mph) Row 3

8. Christian Lundgaard (231.360 mph) Row 3

9. Marcus Ericsson (231.014 mph) Row 3

10. Scott McLaughlin (233.013 mph) Row 4

11. Conor Daly (231.725 mph) Row 4

12. Alexander Rossi (231.701 mph) Row 4

13. Kyffin Simpson (231.641 mph) Row 5

14. Ed Carpenter (231.633 mph) Row 5

15. Santino Ferrucci (231.593 mph) Row 5

16. Devlin DeFrancesco (231.575 mph) Row 6

17. Sting Ray Robb (231.461 mph) Row 6

18. Christian Rasmussen (231.438 mph) Row 6

19. Kyle Larson (231.326 mph) Row 7

20. Louis Foster (231.058 mph) Row 7

21. Callum Ilott (230.993 mph) Row 7

22. Helio Castroneves (230.978 mph) Row 8

23. Kyle Kirkwood (230.917 mph) Row 8

24. Nolan Siegel (230.571 mph) Row 8

25. Ryan Hunter-Reay (230.363 mph) Row 9

26. Jack Harvey (230.348 mph) Row 9

27. Colton Herta (230.192 mph) Row 9

28. Graham Rahal (229.863 mph) Row 10

29. Marco Andretti (229.741 mph) Row 10

30. Marcus Armstrong (229.091 mph) Row 10

31. Rinus VeeKay (226.913 mph) Row 11

32. Josef Newgarden (233.004 mph) Row 11*

33. Will Power (232.144 mph) Row 11*

* Starting at the back due to rules violation

Indianapolis 500 Winners (2000)

YEAR WINNER TEAM
2024 Josef Newgarden Team Penske
2023 Josef Newgarden Team Penske
2022 Marcus Ericsson Chip Ganassi Racing
2021 Helio Castroneves Meyer Shank Racing
2020 Takuma Sato Rahal Letterman Lanigan Racing
2019 Simon Pagenaud Team Penske
2018 Will Power Team Pinske
2017 Takuma Sato Andretti Autosport
2016 Alexander Rossi Bryan Herta Autosport
2015 Juan Pablo Montoya Team Penske
2014 Ryan Hunter-Reay Andretti Autosport
2013 Tony Kanaan KV Racing Technology
2012 Dario Franchitti Chip Ganassi Racing
2011 Dan Wheldon Bryan Herta Autosport
2010 Dario Franchitti Chip Ganassi Racing
2009 Helio Castroneves Marlboro Team Penske
2008 Scott Dixon Chip Ganassi Racing
2007 Dario Franchitti Andretti Green Racing
2006 Sam Hornish Jr. Marlboro Team Penske
2005 Dan Wheldon Andretti Green Racing
2004 Buddy Rice Rahal Letterman Racing
2003 Gil de Ferran Marlboro Team Penske
2002 Helio Castroneves Marlboro Team Penske
2001 Helio Castroneves Marlboro Team Penske
2000 Juan Pablo Montoya Chip Ganassi Racing

Helio Castroneves won his fourth Indy 500 in 2021, becoming the fourth driver to win the race four times. He joined A.J. Foyt, Al Unser and Rick Mears with the most all-time wins. There have been 21 drivers to win this race more than once. The most recent being Josef Newgarden in 2023 and 2024. Somewhat surprisingly, Scott Dixon is not among those drivers to win this race multiple times.

Most Career Wins (By Driver)

WINS DRIVER YEARS
4 Helio Castroneves 2001, 2002, 2009, 2021
4 Rick Mears 1979, 1984, 1988, 1991
4 Al Unser, Sr. 1970, 1971, 1978, 1987
4 A.J. Foyt 1961, 1964, 1967, 1977
3 Dario Franchitti 2007, 2010, 2012
3 Bobby Unser 1968, 1975, 1981
3 Johnny Rutherford 1974, 1976, 1980
3 Mauri Rose 1941, 1947, 1948
3 Wilbur Shaw 1937, 1939, 1940
3 Louis Meyer 1928, 1933, 1936

The Indy 500 is a race that has always been fairly wide open, as there has never been a driver to win it three straight times, and only six drivers have gone back-to-back. Newgarden became just the second driver to win back-to-back Indy 500 titles since 1971 when he won here in 2023 and 2024.

Castroneves is one of the four drivers who have won the Indianapolis 500 at least four times. He joins A.J. Foyt, Al Unser Sr., and Rick Mears. All three of these men were contemporaries, as Foyt's wins spanned from 1961 through 1977, Unser's came from 1970 to 1987, and Mears' wins were between 1979 and 1991.

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