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Last Updated May 29, 2022, 16:27 PM

Indy 500 Picks, Predictions, Odds

The 106th running of the Indy 500 is set for Sunday, May 29 and will take place, as always, at the Indianapolis Motor Speedway in Speedway, Indiana. The race is 500 miles long with 200 total laps, and is set to begin at 12:45 p.m. ET on NBC.

INDY 500 PICKS & PREDICTIONS

A few drivers stand out for this year's event, but aside from Helio Castroneves, no one typically 'owns' this race. Takuma Sato is quickly putting himself in Castroneves range for successful Indy 500's, along with Team Penske who has won three of the last seven races - all with a different driver.

Sato has won two of the last five Indy 500 races, while Castroneves has won four total - which is tied for the most all-time. Both Brazil and Great Britain typically see drivers do well in Indianapolis, the the two countries have combined to produce seven winners over the last 15 years (Brazil with three over 13 years, Great Britian with four over 15 years).

Castroneves enters with odds to win at +2800 but doesn't have the best odds for a Brazilian driver. Tony Kanaan has the best odds for any Brazilian to win the race at +2000, winning in 2013. The difference is that Castroneves is actually competing in the Indy circuit this season, with his best result 9th in Long Beach.

It will be tough for Great Britain to win this race, with Callum Ilott and Jack Harvey as the only two English drivers. Ilott is coming off his best result of the season, finishing 8th in the Indianapolis Motor Speedway precursor race, while Harvey has yet to finish in the Top 12 this season. Iott's odds are currently +10000 to win, while Harvey is +12500.

(Getty)

INDY 500 BETTING RESOURCES

  • Date: Sunday, May 29, 2022
  • TV-Time: NBC, 12:00 p.m. ET
  • Venue: Indianapolis Motor Speedway
  • Location: Speedway, Indianapolis
  • Distance: 500 miles
  • Laps: 200
  • More Indy Futures Odds

INDY 500 BETTING ANALYSIS

Jimmie Johnson finds his name in this year's batch of Indy 500 drivers, but it would be wise to stay away from his +1600 odds to win. It's difficult for a first time driver at the Indy 500 to come in and win, proven as recent as Fernando Alonso's performance as one could argue he was the most talented driver in the field. Experience is big in Indianapolis, but the advice is to stay with an active circuit driver when picking a winner.

Will Power is looking to win his second Indy 500, taking the race back in 2018 for Team Penske. Power has been very consistent this season, finishing Top 4 over his last five races, including a fourth-place finish in three of his last four overall. He currently has odds to win at +1400 and is worth a look at winning but also to Reach Podium.

Power's odds to finish on the podium (Top 3) sit at +375 and is the recommended bet for Power. Alex Palou is also becoming a betting favorite for many, seeing the podium in three of his last five races overall and given odds to do so on Sunday at +200. Josef Newgarden is another betting favorite to win the race, as he has notched two victories over his last four races overall.

Newgarden's odds to win are very considerable at +1100, while he has odds above +300 to reach the podium - either are acceptable. Scott Dixon is the favorite however, entering with odds to win at +550. He hasn't been very impressive during the 2022 season however, but has finished in the Top 10 for five straight races.

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INDY 500 BEST BETS

  • Josef Newgarden to Win (+1100)
  • Alex Palou Podium Result (+200)
  • Helio Castroneves Podium Result (+700)
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