2024 Indy 500 Odds, Analysis, And Best Bets

2024 Indy 500 Odds, Analysis, And Best Bets

The Indianapolis 500, often referred to as the “Greatest Spectacle in Racing,” is one of the most prestigious events in motorsports. It is captivating fans with its thrilling action and rich history. As the 2024 edition of the iconic race approaches, anticipation mounts as drivers and teams gear up for a shot at glory. In this article, we’ll delve into the Indy 500 odds, provide in-depth analysis of the top contenders, and offer insights into the best bets for the upcoming race.

Understanding the Indy 500 Odds

Understanding the Indy 500 Odds

Before diving into the analysis, let’s first understand how Indy 500 odds work. Similar to other sports betting markets, Indy 500 odds represent the likelihood of a particular outcome occurring and are typically presented in fractional, decimal, or moneyline formats. A driver with lower odds is considered the favorite to win, while a driver with higher odds is deemed the underdog. Bettors can use these odds to assess the relative strength of each competitor and make informed decisions when placing their bets.

Analyzing the Top Contenders

1. Scott Dixon (Odds: 5/1)

   – Scott Dixon, a five-time IndyCar Series champion, enters the 2024 Indy 500 as one of the favorites to win. With his exceptional skill behind the wheel and extensive experience at the Indianapolis Motor Speedway, Dixon is always a threat to take the checkered flag.

2. Colton Herta (Odds: 6/1)

   – Colton Herta has emerged as a rising star in the world of IndyCar racing, showcasing impressive speed and consistency on the track. As a previous winner of the Indy 500, Herta possesses the talent and determination to contend for victory once again.

3. Josef Newgarden (Odds: 7/1)

   – Josef Newgarden, a two-time IndyCar Series champion, is no stranger to success at the Indianapolis Motor Speedway. With his aggressive driving style and strong performances in recent races, Newgarden is poised to make a serious bid for his first Indy 500 win.

4. Alexander Rossi (Odds: 8/1)

   – Alexander Rossi burst onto the scene with a stunning victory in the 2016 Indy 500, and he has been a perennial contender ever since. With his fearless approach and remarkable talent, Rossi is a formidable force on the track and a legitimate threat to win the race.

5. Will Power (Odds: 9/1)

   – Will Power, the 2018 Indy 500 champion, possesses a rare blend of speed, skill, and experience that makes him a formidable competitor. With his proven track record and hunger for success, Power is determined to add another Indy 500 victory to his resume.

Best Bets for the Indy 500

Best Bets for the Indy 500

1. Scott Dixon to Win (Odds: 5/1)

   – Scott Dixon’s track record of success and unparalleled consistency make him a strong candidate to win the 2024 Indy 500. With his extensive experience and unmatched skill behind the wheel, Dixon has the potential to outpace the competition and claim victory on race day.

2. Colton Herta to Finish in the Top Three (Odds: 2/1)

   – Colton Herta’s combination of speed, talent, and racecraft makes him a prime contender to finish among the top three drivers in the Indy 500. With his proven ability to perform under pressure, Herta is well-positioned to deliver a podium-worthy performance on race day.

3. Alexander Rossi for a Podium Finish (Odds: 3/1)

   – Alexander Rossi’s aggressive driving style and remarkable talent make him a strong candidate to secure a podium finish in the Indy 500. With his previous success at the track and hunger for victory, Rossi is poised to deliver a standout performance and challenge for a top-three finish.


As the 2024 Indianapolis 500 draws near, excitement builds among fans and bettors alike as they eagerly anticipate the thrill of the greatest spectacle in racing. With top contenders such as Scott Dixon, Colton Herta, Josef Newgarden, Alexander Rossi, and Will Power vying for victory, the race promises to be a gripping battle from start to finish. By analyzing the Indy 500 odds, assessing the strengths of each competitor, and considering the best bets for the race, fans can immerse themselves in the excitement of the IndyCar season’s premier event and witness history in the making at the iconic Indianapolis Motor Speedway.

About Antonia Zivcic

I'm Antonia, a copywriter with over five years of experience in the industry. I find joy in exploring a wide array of topics through my writing. It's my passion to create engaging and compelling content that resonates with readers.

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