2014 Indianapolis 500 Betting Preview + Race Info

Filed under: NASCAR Betting Odds |

2014 Indy 500The 2014 Indianapolis 500 will get underway this Sunday, May 25th in front of a crowd of thousands packed into the historic race track to witness one of the greatest sports spectacles in the world.

The 2014 edition of the Indy 500 with be the 98th running, and continues to be the flagship event on the Verizon IndyCar Series.

Last year, Tony Kanaan raced his way to victory. The win was the first-career Indianapolis 500 victory for Kanaan, a native of Brazil. He became the second Brazilian in five years to win the event, with Helio Castroneves winning in 2009.

Qualifying for the 2014 Indy 500 positions were held earlier this week, with Ed Carpenter grabbing the pole position. The poll position at the start has Carpenter out in front of the pack, but still behind on the betting lines to win the 2014 Indianapolis 500. That title goes to the aforementioned Castroneves, who looks for a fourth Indy 500 win (01′, 02′, 09′). Castroneves has been set as 13/2 to win the race, alongside Marco Andretti. Andretti has never won the Indy 500, but looks to live up to the legacy of the Andretti racing family. Carpenter comes in third on the list of Indy 500 favorites, going off at 15/2.

Odds to win the 2014 Indianapolis 500 will be up until the start of the race on Sunday. But outside of the overall betting lines, Bovada Sportsbook has formed other payouts as well. Bets can be placed on a top-three finish, which gives more of an opportunity to hit on a winner. Think of it like betting a place or show on a horse. Any finish in the top-three would garner a payout. The profit margins are less, but the chance to hit it much higher.

Additionally, Bovada has put together head-to-head Indy 500 betting lines for Sunday’s race. These payouts are very simple. Wagers are placed on one of the two drivers matched against each other for the best finish. A driver doesn’t need to win the race to win the bet. The bet is won by selecting the driver that records the better finish on Sunday in the race. There are more than a dozen head-to-head matchups formed. Below, LatestBettingOdds.com has these betting lines + the other Indy 500 odds available from Bovada.

There are six former Indy 500 champions in the 2014 race. Bovada has a special betting line covering the top finisher of the former champions. Castroneves as the 2014 favorite is obviously the favorite to win this betting line. A wager on him pays out less than 2 to 1, set at 9/5. The other past winners include Juan Pablo Montoya, Scott Dixon, Tony Kanaan, Jacques Villeneuve, and Buddy Lazier.

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