Indy 500 Odds to Win

man with ice skis in an icy mountain

With the Indy 500 entrance list released August 10, this year’s race, after postponed (much like all other sports leagues), looks is shaping up to be a good one – and of course, we’ve got the odds for it.

We take a look at the top 3 favorites to win & take the no. 1 podium, and the three biggest underdogs, with one that’ll surprise you.

2020 Indy 500 Odds to Win

What are the odds your favorite racer will win? We’ve got Indy 500 odds via our friends at BetOnline:

Scott Dixon +450
Simon Pagenaud +700
Will Power +700
Alexander Rossi +800
Josef Newgarden +800
Colton Herta +1200
Felix Rosenqvist +1400
Helio Castroneves +1800
Ryan Hunter-Reay +1800
Fernando Alonso +2000
Graham Rahal +2200
Ed Carpenter +2500
Takuma Sato +2500
James Hinchcliffe +2800
Patricio O’Qard +2800
Santino Ferrucci +2800
Marcus Ericsson +3300
Spencer Pigot +3300
Tony Kanaan +3300
Conor Daly +4000
Marco Andretti +4000
Oliver Askew +4000
Carlos Munoz +6600
Rinus Veekay +6600
Zach Veach +6600
Jack Harvey +8000
Sage Karam +8000
Alex Palou +10000
Charlie Kimball +10000
Ed Jones +10000
James Davison +10000
Matheus Leist +10000
Sebastien Bourdais +10000
Kyle Kaiser +15000


Indy 500 Odds: Favorites


Scott Dixon +500

Scott Dixon is the favorite to win at +500, coming off a first-place win during the Grand Prix at Road America and the GMR Grand Prix.

Dixon has proved he can win ‘em in the past, with 5 championship wins under his belt. He’ll enter the Indy Car 50 at 1st rank, starting in 4th.

Stats: 199 Laps Led, 244 PTS, 5 of Top 10, 5 of Top 5, 0 Poles

Simon Pagenaud +700

Simon Pagenaud, known for his multi-faceted racing career from sports car racing to Indy car racing, is also known for his cut-throat iRacing tactics—But will he bring this attitude to the ‘real life’ track? (Sorry, no disrespect intended iGaming fans).

simon pagenaud wears winners 500 ring during the Winner's Portraits session 2019 indy 500

Simon Pagenaud #22 Team Penske Chevrolet wears the winners 500 ring during the Winner’s Portraits session after the 103rd Indy 500 on May 27, 2019.

However, his record on the track and in the car remains promising. He failed to make qualifying at the IndyCar 250 in 2019 and started the race last in 23rd place, and went on to take the lead, and ultimately win.

Pagenaud ranks 2nd, with 1 win and 4 starts.

Stats:  0 Laps Led, 195 PTS, 4 of Top 10, 4 of Top 5, 0 Poles 

Will Power +700

Along with Pagenaud, the odds favor Power at +700. On Team Penske, Power ranks number 5 in the 2020 IndyCar standings, with 142 points.

With one IndyCar Series championship win under his belt in 2014, Power is a strong contender to take the number one spot, especially as he ties with Dixon for both having 19 road and street course race wins.

On a side note—What a name, am I right?

Stats: 42 Laps Led, 142 PTS, Top 2 of 5, Top 2 of 10, 1 Poles

Indy 500 Odds: Underdogs

Matheus Leist +10000

Leist comes into the Indy500 with the odds stacked against him at 0.99%. Driving for JDC-Miller MotorSports, Leist has a fairly solid reputation as a young racer, winning the 2017 Indy Lights Freedom 100 race and leading from start to finish.

However, following his transition to the IndyCar series, Leist has yet to win a race or a podium. We’d have to say what will determine if he’ll lead at all or even podium during this race is whether or not he’s able to hone his skill on a more mature track.

Stats: 18th in 2018 IndyCar Series, 19th in 2019 IndyCar Series and 15th in the WeatherTech Sports Car Championship

Sebastien Bourdais +10000

Coming in at +10000 like Leist, Bourdais is a former Formula 1 driver with a varied racing career, who finished 30th in last years’ Indy 500, coming in at 28th in 2018. A veteran IndyCar driver and racer in general, Bourdais has 6 wins and 4 CART Champ Championships under his belt, but the 2020 season is looking a lot different for this seasoned racer.

Bourdais’ lower odds are due to a termination from IndyCar after he didn’t receive any manufacturer points for his Honda, and his former team owner, Dale Coyne lost funding—Then, he made the choice to terminate Bourdais. This, plus he’s racing partime this year, with only 4 races for the A.J. Foyt Racing team.

Bourdais enters the race at 11th rank, 387 points and 17 starts in 2019. A longer career with many wins on a variety of tracks is a benefit for Bourdais, and sets him apart from the newer drivers who are underdogs.

Stats: 19 Laps Led, 387 PTS. Top 1 of 5, Top 7 of 10, 0 Poles

Kyle Kaiser +15000

The Underdog of this years’ Indy500, Kaiser is a younger driver in this years’ Indy500. From 2015 to 2017 he raced in Indy Lights, winning twice with one championship and eight podiums out of 18 races.

He joined Juncos Racing in 2017, and while he’s a young driver with the odds against him, he’s beat them before, like in May 2019 when he bumped F1 champ Fernando Alonso out of the Indy500.

Stats: 31st Place in Indianapolis 500, 18th in AutoNation IndyCar Challenge

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