2022 Indy 500 Odds and Race Predictions

The 106th Indianapolis 500 is on for Memorial Day Weekend this Sunday. The first green flag is set to fly at 12:45 p.m. EST to open the Indianapolis 500 at Indianapolis Motor Speedway. In what many people consider the biggest auto race in the United States, we have the best Indy 500 odds at TheSportsGeek.

1️⃣3️⃣ #Indy500 Wins
8️⃣ Former Winners
1️⃣ Historic Race

This group of modern legends are 8 of 73 drivers ever to win “The Greatest Spectacle in Racing.” Will one of these drivers drink the milk on Sunday, or will the group welcome it’s 74th member?@INDairy | #WinnersDrinkMilk pic.twitter.com/IYCbvf1cAJ

— Indianapolis Motor Speedway (@IMS) May 26, 2022

IndyCar has seen an increased interest in racing. They’re seeing their best TV ratings in almost 20 years this year. IndyCar is riding the popularity of Formula 1 in the US and picking up new fans with F1. IndyCar and F1 are both great in their own ways, with it good to see more people are paying attention to open-wheel racing in the US. If you are looking for F1 betting sites, we have you covered there as well.

The fastest speed in qualifying last weekend was Scott Dixon’s blazing hot four-lap average of 234.046 mph. This speed broke Scott Brayton’s record of 233.718 mph in 1996.

After he put on that show last weekend, Dixon is the Indy 500 odds favorite. The rest of the Indy 500 betting odds don’t carry many surprises, either.

NASCAR fans will recognize Jimmie Johnson. The retired NASCAR driver qualified for the Indianapolis 500 in his career.

Will Power leads the IndyCar Series standings with 170 points. He doesn’t have a win, but Power is rewarded for his consistency with five top-5 finishes. Power was in the top-5 for every assignment in five IndyCar Series races this season.

Colton Herta is coming off a win in the GMR Grand Prix on the road course at Indianapolis Motor Speedway. He’s the fourth different winner this season, with Josef Newgarden winning back-to-back races at Texas and Long Beach.

Who Won The Indy 500

We will take a look at past winners of the Indianapolis 500. This is the most prestigious race an IndyCar driver can win in his career.

It’s a race that any driver would like to have on their career resume. Veteran Helio Castroneves is looking for back-to-back Indy 500s and his fifth title at Indianapolis Motor Speedway.

Castroneves holds the record for most wins in the Indy 500 with four. Let’s go through who won the Indy 500 since the 2008 season.

Rank	Betting Site	Bonus	Bet Now
1	Bovada	50% up to $1,000	Go to Site
2	BetUS	125% up to $2,500	Go to Site
3	MyBookie	100% up to $1,000	Go to Site
4	Everygame	100% up to $500	Go to Site
5	BetOnline	50% up to $1,000	Go to Site

Year	Driver	Team
2021	Helio Castroneves	Meyer Shank Racing
2020	Takuma Sato	Rahal Letterman Lanigan Racing
2019	Simon Pagenaud	Team Penske
2018	Will Power	Team Penske
2017	Takuma Sato	Andretti Autosport
2016	Alexander Rossi	Andretti Herta Autosport
2015	Juan Pablo Montoya	Joe Gibbs Racing
2014	Ryan Hunter Reay	Andretti Autosport
2013	KV Racing Technology	Tony Kanaan
2012	Dario Franchitti	Chip Ganassi Racing
2011	Dan Wheldon	Bryan Herta Autosport
2010	Dario Franchitti	Chip Ganassi Racing
2009	Helio Castroneves	Team Penske
2008	Scott Dixon	Chip Ganassi Racing

Indy 500 Betting Odds

The odds to win the Indy 500 aren’t going to catch anyone off-guard this year. Perhaps the most surprising name on the Indy 500 odds board this high is Jimmie Johnson.

Johnson is a tremendous stock car driver and will go down as one of the best in NASCAR history, though I wouldn’t have his Indy 500 betting odds at +1600 to win. That’s the eighth-best odds to win the Indy500. The same odds to win the Indy 500 as Will Power? I don’t know.

Scott McLaughlin and Colton Herta didn’t have the best qualifying, but they’ve won this season and have worse odds than Johnson. I do agree with Dixon as the top driver on the Indy 500 odds board, though. He won’t be beaten if his car is as fast as last week and he doesn’t run into bad luck.

Odds	Driver	Team
+550	Scott Dixon	Chip Ganassi Racing
+700	Alex Palou	Chip Ganassi Racing
+1100	Pato O’Ward	Arrow McLaren SP
+1100	Rinus VeeKay	Ed Carpenter Racing
+1200	Josef Newgarden	Team Penske
+1400	Marcus Ericsson	Chip Ganassi Racing
+1500	Takuma Sato	Dale Coyne Racing
+1600	Jimmie Johnson	Chip Ganassi Racing
+1600	Will Power	Team Penske
+1800	Colin Herta	Andretti Autosport
+2000	Ed Carpenter	Ed Carpenter Racing
+2000	Scott McLaughlin	Team Penske
+2000	Tony Kanaan	Chip Ganassi Racing
+2200	Felix Ronenqvist	Arrow McLaren SP

Indy 500 Best Picks

Takuma Sato (+1500)

It’s hard to look away from Takuma Sato at these odds to win the Indy 500. He is a two-time winner in this race and knows his way around this track.

This isn’t a long time back that Sato won, either. He won in 2017 as the first Japanese-born driver to win the Indy 500. Three years later, Sato did the same at Indianapolis Motor Speedway.

Sato qualified P10 to start within striking distance of the front of the grid. After sweeping three practice sessions last week, he had the fastest car going into qualifying.

He was fast on Friday, with Sato clocked at faster than 232 mph. While Sato couldn’t stay that hot for qualifying, a respectable P10 gives him a strong starting position on Sunday.

Sato has a fast car and is a driver that has handled the Indy 500 twice in recent memory. Sato is a serious value play at these odds to win the Indy 500.