Indianapolis 500 Odds
Listed below are the most current Indianapolis 500 Odds. The Indianapolis 500 is one of the biggest and most watched races across the entire world each year and it takes place in May every single year. The race is watched by millions of people and there is millions of dollars every single year wagered on this race alone.
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There is a lot of money that can be won if you want to risk some of your money, you just need to make sure you do your research before the race. Before you can do any research on the race though, you’re going to need to learn how to read the odds and the different types of bets.
How to Read Indianapolis 500 Odds
Most online sportsbooks will have the Indianapolis 500 odds in fraction format which makes it really easy for anyone to learn to read. The first number is the amount of units you win and the second number in the fraction is the amount of units you need to wager. We’ll show you a couple examples below so that you can understand how the odds work a little bit more.
- Marco Andretti 12/1 (The odds for Marco in this situation equates to $1200 for every $100 wagered.)
- Scott Dixon 15/4 (The odds for Scott are worse then Marco and equate to roughly $350 for every $100 wagered.)
Types of Indianapolis 500 Bets
If you’re looking to make the most bang for your buck while watching the Indianapolis 500 each year then you’re going to want to bet on who you think will win the race. The odds for picking the winner of the race are awesome and the favorite usually doesn’t win which means if you get lucky you could cash a nice underdog. If you want to have a good chance at making some smaller amounts of money then you can look at betting on match-up bets. Match-up bets is when the sportsbook puts groups of racers together and you need to pick who will do better. You can find match-up bets with 2+ racers in each group, but the payouts differ based on how many racers in each group.
There are other bets you can make during the weekend of the Indianapolis 500 race including who you think will win the pole position and who you think will have the best lap of the race. You can also bet on which racing team will finish the best overall in the race as well as many other little bets. The amount of different bets you can make will be based solely on the online sportsbook that you choose to bet with. You should look for a trusted named in the industry and one that caters to the racing market.
You still have a little bit of time this year to get your bets in before the race starts and if you miss it then you will be able to bet next year in May. The race is broadcasted in many countries so watching it shouldn’t be a problem and betting on it makes it a lot more fun to watch. Remember to do your research on the drivers in the race so that you can find the best match-up bets for the day to make some quick money.
