Indy 500 Betting Breakdown: Alex Palou Leads The Field 592934

  • Alex Palou is favored to win the 2025 Indy 500 at +500 odds. He has won four IndyCar Series races this year.
  • Josef Newgarden has the fourth shortest odds to win the race at +800 after becoming the fifth driver to ever win consecutive titles in a row.

INDIANAPOLIS – The 2025 Indy 500 takes place this Sunday, May 25th at the Indianapolis Motor Speedway at 10 AM EST on FOX. 721ve

2025 Indy 500 Betting Odds 133h4t

  • Alex Palou +500
  • Pato O’Ward +600
  • Scott Dixon +750
  • Josef Newgarden +800
  • Scott McLaughlin +1000
  • Felix Rosenqvist +1400
  • Takuma Sato +1400
  • Kyle Larson +1600
  • Robert Shwartzman +1600
  • Alexander Rossi +2200
  • Christian Lundgaard +2200
  • David Malukas +2200

Online sportsbooks list Alex Palou as the favorite with +500 odds, closely followed by Pato O’Ward at +600 odds.

Palou won the eighth practice session for this year’s Indy 500 on Monday, posting a best time of 39.6887. He has won four of five NTT IndyCar Series races this year, most recently the IMS Road Course on May 10th.

He owns the most IndyCar Series wins this season of any driver with four.

Pato O’Ward sits fourth in the current standings according to indycar.com. He has yet to record a win this season but has one pole and a total of 148 points.

The 26 year old has seven wins in his pro career.

Scott Dixon owns the most career victories of any current driver with 58, his most recent being in June of 2024 in the Streets of Detroit race. The New Zealander has two top five finishes in his five races this season.

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He won the Indy 500 back in 2008.

Josef Newgarden is ranked twelfth so far this season with 96 total points and has yet to win an event in the calendar year. He finished eighth in the most recent practice run of the Indy 500 on Monday.

Newgarden won the Indy 500 in 2023 and 2024, one of just five drivers to ever win the Indy in consecutive years. No driver has ever won three straight.

Scott McLauglin enters his fifth year as an IndyCar driver with the fifth shortest odds to win the Indy 500. He has seven career wins in 73 starts.

Felix Rosenqvist has just one career win in 101 starts. He is currently the eighth ranked driver with 125 total points.

Indiana sportsbooks view this as anyone’s race, with no driver shorter than +500 odds and four drivers at +800 or shorter. Palou is the favorite due to his consistent performance so far this year, but Newgarden is a name to watch out for as he aims for the threepeat.