Indianapolis 500 Betting Odds

The Indianapolis 500 is arguably the biggest race in the world, held annually at Indianapolis Motor Speedway. Drivers navigate their way over the 2.5-mile track 200 times, looking for the championship and the traditional glass of milk. The Indy 500 is held on the last weekend in May, which typically coincides with Memorial Day weekend. And with the popularity of the Indy 500, comes a variety of betting odds and ways to bet on the Indy 500. There will be plenty of betting odds for the Indianapolis 500 formed in the week leading up to the race, and we want to make sure you are informed about all of the types of Indy 500 betting odds available to you.

2012 Indy 500 Betting Odds

The 2012 Indy 500 betting odds are led by Ryan Briscoe, who has been set with odds at 15/4 to win. He is not too far in front of the pack though, as there are several drivers right behind. Some of them include Helio Castroneves at 11/2, and Will Power at 6/1. Below we have the full field odds to win the 2012 Indy 500 available at Bovada Sportsbook. The race gets underway at Noon ET, on Sunday, May 27.

Ways To Bet On the Indianapolis 500

We are going to talk about the different betting odds formed for one of the greatest races in the world, as there are several types of lines formed each year for it. From the overall odds to win, odds to record a high finish, head-to-head odds and more, we have you covered.

Odds To Win The Indy 500

The betting odds to win the Indy 500 is a type of futures wager, in which you predict the outcome of the race before the race begins. However, these odds could be formed weeks or even months in advance. But typically, the odds are in the week leading up to the race, as the field is ironclad and the engines are ready to get moving. It’s a pretty simple and straightforward wager, in which you bet on who you think will win the Indy 500. For the 2012 Indy 500, it’s Ryan Briscoe who is the overall favorite to win, going off at 15/4 on the amount wagered.

Odds To Record A High Finish At The Indy 500

This type of betting line is very similar to the overall betting odds to win the Indy 500, with one exception; you aren’t actually betting on the winner. A wager like this is usually a betting line to finish in the top-three or the top-five at the Indy 500. Obviously since this is easier to predict, the payout is not quite as high. However, you can still get a good betting line for a top finish depending on which driver you go after.

Indy 500 Head-To-Head Betting Odds

An Indy 500 head-to-head betting line matches two of the drivers in the field against one another. The way the bet is won is by choosing the correct driver in the pair to finish higher than the other. Since this type of wager is only between two drivers, the payouts are generally around even money since only two variables are involved.