The Best Ways For Hoosiers To Bet On The 2022 Indy 500

Posted on May 27, 2022 - Last Updated on March 20, 2024

The 2022 Indy 500 is finally here. Fans from around the world are flocking to Indianapolis for the Greatest Spectacle in Racing.

The big race always takes place over Memorial Day weekend, which slates this year’s race for Sunday, May 29.

You can bet on all of the Indy 500 action thanks to Indiana sports betting.

2022 Indy 500 odds

Whether you’re a race fan or not, the Indy 500 has something for everyone. Even with the dreaded TV blackouts in the Indianapolis area.

Betting on the Indy 500 is a great way to mix up the typical race experience. Especially if you’re stuck listening to the radio broadcast locally.

DraftKings Indiana currently has Scott Dixon as the favorite to win the 500. Here’s a quick look at some of the odds for the the top drivers in the race:

  • Scott Dixon: +550
  • Alex Palou: +600
  • Pato O’Ward: +900
  • Rinus Veekay: +1,100
  • Josef Newgarden: +1,200

The odds could change a bit leading up to race day, so be sure to check back in with DraftKings if you don’t love the current options.

Of course, you can also wager on more than just the winner of the race. Betting on which drivers will finish in the top three and top five is also on the table.

Driver props let you unofficially match up drivers in head-to-head competitions. Think Takuma Sato will finish with a better position than Tony Kanaan? Then you can bet on it at DraftKings.

There are all sorts of special Indy 500 prop betting options available, and DraftKings has the widest selection for Hoosiers to pick from.

Caesars Sportsbook lounge at the Motor Speedway

If you’re heading to the Motor Speedway this Sunday, then you’ll have access to a special betting perk. That is, assuming that you’ve signed up for Caesars Sportsbook in the past.

The company recently signed a deal to become the official sportsbook partner of the Indy 500 and the Motor Speedway.

As part of that deal, Caesars has a new Sportsbook Lounge available at the Pagoda Plaza. The lounge is a Caesars-branded area that welcomes Indiana gamblers with free food, drinks and entertainment options during races.

Since the Indy 500 is one of the biggest events in all of motorsports, the lounge should certainly be busy this Sunday during the action.

If you’re looking for a different kind of race day experience, then checking out Ceasars Sportsbook could be worth the effort.

Photo by Shutterstock
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Jake Garza

Jake Garza is a US Gambling Industry Analyst for Catena Media. He specializes in Midwest sports betting and casino content. Prior to covering the legal gambling industry, he spent time as a professional sports writer, reporting on teams such as the Cincinnati Bengals, Indianapolis Colts and Indiana Pacers. Garza is currently working as a Managing Editor for PlayIndiana and PlayOhio, with previous stops at other well-known brands such as PlayIllinois and PlayMichigan. He has been covering the gambling industry since 2019, and currently works with a team of other journalists to provide comprehensive coverage of the legal U.S. gambling industry.

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