The Indianapolis 500, or most known to the fans as the Indy 500, is the premier event of the IndyCar Series. Held at the Indianapolis Motor Speedway (nicknamed the “Brickyard”) in Speedway, Indiana, the race has been held since 1911, where the original track was paved in brick. This legendary race is usually held over Memorial Day weekend, which takes place in the last weekend of May. The 2022 Indy 500 brings about the same sort of excitement that previous years have had. The winner of the 2021 Indy 500, Helio Castroneves, has the 8th best odds to win the race at +1600. There are currently 4 participants that are the odds on favorites to win the race, all tied at +800 odds. These racers are Scott Dixon, Josef Newgarden, Colton Herta, and Alex Palou. Let’s take a look at the top promotions for the Indy 500 from some of our favorite sportsbooks.
FanDuel Sportsbook
Some of the best Indy 500 betting odds that the online sportsbooks have to offer are at FanDuel Online Sportsbook. Whether you’re betting on a fan favorite like Scott Dixon or a long shot like Jimmie Johnson, FanDuel allows you to make these bets. And with their latest welcome offer, you can dive into the Indy 500 betting action immediately. If you’re a new customer at FanDuel Sportsbook, you get your first bet risk free, up to $1,000. That means making a bet is a win-win. If your bet pays out, you’re good to go. If you lose, you get your money back in site credit to make your next Auto Sport pick.
BetMGM
With less than a month until the big race, it’s important that you shop around online sportsbooks in order to find the best odds. BetMGM Sportsbook is a bit different from other sportsbooks as they only have 2 racers as their favorites to win instead of 4; Scott Dixon and Josef Newgarden (+700). With their welcome offer, players are offered a risk-free bet, of up to $1,000. Whether the bet is $10 or $1,000, you can bet freely when you know that even if you lose, you’ll still be able to get your money back in free bets to make more Indy car races throughout the year.
DraftKings
When new users deposit for the first time on DraftKings sportsbook, they can get a deposit bonus of up to $1,000. With only a minimum deposit of $5, DraftKings will give you 20% in bonus dollars of whatever your initial deposit is. Deposit $200? Get $40 in bonus funds to be used on either who you believe will win The Indy 500 or any other bets available on the DraftKings sportsbook site. DraftKings has two favorites at the top, with both Josef Newgarden and Alex Palou having the best odds at +700.
Unibet
Unibet Online Sportsbook currently has the best odds for even the top racers that are competing in the Indy 500. With +800 odds for even the most favored racer, it’s hard not to look towards Unibet as your online sportsbook. To put you at ease for making your first wager at Unibet, they’re offering a risk-free offer for new players. When you make your first deposit and make a wager of a minimum of $10, you’re in the clear. If you win, congratulations. If you lose, Unibet will pay you back your original bet, up to $250 in cash. Not bonus bets or site credit like most sports betting operators, but actual, withdrawable cash into your account if your bet doesn’t hit. It’ll be like you never lost at all.
Betway
When new users join today with Betway Online Sportsbook with a minimum deposit of $10, they get 50% of the first bet they lose. It doesn’t matter if it’s your first bet or 10th at Betway Sportsbook; your first loss is credited back to you by 50%, up to $1,000. Imagine the freedom of being able to bet on your favorite Indy car racer, knowing that your first loss has a safety net behind it.
Best Sportsbooks to Bet on the Indy 500
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Up To
$1000
Risk-Free bet |
T&C's apply
21+ and present in AZ, CO, CT, IA, IL, IN, LA (permitted parishes only), MI, NJ, NY, PA, TN, VA, or WV. First online real money wager only. Refund issued as nonwithdrawable site credit that expires in 14 days. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MI, NJ, PA, IL, VA), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-877-770-STOP (LA), 1-877-8-HOPENY or text HOPENY (467369) (NY), TN REDLINE 1-800-889-9789 (TN), or visit www.1800gambler.net (WV). 21+ and present in WY. Gambling Problem? Call 1-800-522-4700. |
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Up To
$250
Risk-Free Bet |
T&C's apply
Offer Promotion Period: Starts at 12:01 AM Eastern Time (“ET”) on 3/8/2022 | Ends on 11:59 p.m. ET on 12/31/2022 (“Promotion Period”). If Betway decides to withdraw this Promotion, this will not impact the Promotion claim you completed during the Promotion Period before such withdrawal takes place. |
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100% Up To
$1000
+$50 Free Bet |
T&C's apply
If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL) |
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$1000 Risk-Free Bet
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T&C's apply
21+. CO, IN, MI, PA, or TN only. Gambling problem? Call 1-800-522-4700 in CO, 1-800-WITH-IT in IN, 1-800-270-7117 in MI, 1-800-GAMBLER in PA, or call or text the TN REDLINE 1-800-889-9789 in TN. Terms & conditions apply. |
