Guide to Betting on the Indy 500

Best IndyCar Betting Sites

The best IndyCar series betting sites offer odds on races throughout the year. We’ve broken the sites down into different categories, since the best options are based largely on your personal preferences. Many of the sites have similar wagers, so we’ll also focus on different areas the following sportsbooks excel in, allowing you to make the most of your Indy racing betting experience.

• BetOnline  – Best IndyCar Betting Site Overall
• SportsBetting.ag  – Best Crypto IndyCar Betting Site
• Bovada  – Best IndyCar Betting Bonus
• BetUS  – Top Site for IndyCar Odds
• XBet  – Top Indy Racing Live Betting Site

Comparing the Best IndyCar Series Betting Sites

How We Rank the Best IndyCar Betting Sites

We take a close look at each IndyCar betting site to make sure it meets our high standards. Part of our analysis involves The Jackpot Meter, which automatically collects external user and expert reviews that give us an accurate overview of what people think about each site.

Our evaluations pay particularly close attention to the following metrics:

• Bonuses and Promotions — We always look for lucrative bonuses that make your Indy betting dollar stretch further. This includes welcome bonuses, rewards programs, and cashback offers on money lost betting on IndyCar racing. 
• Odds and Wagers — The best IndyCar betting sites not only offer standard bets like outright winners and futures, but also fun wagers like odds boosters, early cash out, and prop builders. 
• Ease of Use — IndyCar sportsbooks must have clean, easy to navigate interfaces if they want our recommendations. The sites should work as well on mobile as on desktop too.  
• Banking — We prefer sites that offer bettors a wide range of deposit and withdrawal options, including credit cards and cryptocurrency. The cashier should process transactions in a timely manner, offer high withdrawal limits, and have no/low fees as well.
• Security — Sites rank higher when they offer security measures to protect personal and financial data when betting on IndyCar races. Security measures that include SSL data encryption, strict identity verification processes, multi-factor authentication, and accessible customer support to contact when issues arise.

How to Bet on IndyCar Racing Online

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1

Create and Fund Your Account

Head to your sportsbook’s homepage and click the “Join” or “Sign Up” button, which is usually in the top-right corner. Fill out your personal information, enter your banking details, and choose your bonus to finish signing up.

Sign up at BetOnline now

2

Go to the IndyCar Betting Section

Click on the menu (usually on the left side of the screen) to go to the IndyCar betting section. Sometimes it has its own section, but usually it’s under “Motor Sports” or “Auto Racing.”

3

Place Your Bets

Next, all you need to do is click on the odds of the racer or prop that you want to bet on, and enter how much you want to wager in the bet slip.

4

Confirm and Place Wager

Double check your bet slip to make sure you bet on who you wanted to, and confirm you entered the correct wager amount. Click “Place Bet” to finalize the wager, and wait for the checkered flag to see if you won! 

Best IndyCar Events to Bet On

Popular IndyCar Bets You Can Place Online

IndyCar betting odds come in a variety of wagers, some of which are more common than others. Here are some of the most popular IndyCar betting odds you’ll find at online sportsbooks.

Indy 500 Format

Have you ever wondered why the Indy 500 has such a special place in the hearts of motorsports fans? In addition to its rich history, this race is beloved for its format and special rules. Some of these include:

On top of everything, the Indy 500 is exciting because drivers will go above and beyond to try to win it. Adding their name to the list of winners is the main driving factor, but there’s also big money – the winner of the Indy 500 is rewarded with over $3 million.

Previous Indy 500 Winners

The Indianapolis 500 was first held in 1911, and since 1946, it’s been held every single year. Since 1996, the race has been a part of the IndyCar Series, which is the top-level competition of American open-wheel car racing.

Below is the list of the Indy 500 race winners since the inception of the IndyCar Series:

What’s interesting is that only four Indy 500 winners ended up winning the IndyCar Series title the same season. Those are Dan Wheldon, Sam Hornish Jr., Scott Dixon, and Dario Franchitti — the only man to do it twice.

Expert IndyCar Betting Tips

Of course, nothing is guaranteed even at the top motorsports betting sites, but if you keep the following tips in mind you can increase your chances of winning more when you bet on IndyCar. 

Study Race Histories

Looking at past results can help you bet on upcoming races. For example, since IndyCar runs on fixed circuits, street courses, and ovals, it’s only natural that some racers will be better at some formats than others. So, if a racer seems to do well on ovals, you might be better off backing them, rather than someone who is fast at other circuits but has never won an oval race.

Choose Top 3s Over Outright Winners

It can be more beneficial to bet on Top 3 finishes versus Outright Winners, when possible. The reasoning is simple math: Only one racer can win, but three racers will finish on the podium. By choosing a Top 3 bet over an Outright Winner, you can potentially give yourself a slightly better chance to win.

Use Live Betting

Since live betting offers real-time odds as the action unfolds, you can use it to your advantage. Say you’re watching the Indy 500 and Pato O’Ward looks like he’s got some serious speed but isn’t winning. You can quickly put money down that he’ll win the race while it’s going on, and the earlier you place your bet, the better chances you’ll have to secure favorable odds.

Bet on IndyCar Racing Responsibly

Sports betting is an entertaining hobby that can get out of control for some people. If you find yourself betting on IndyCar for any reason other than fun — to pay off debt, for example — you may be at risk of developing a problem gambling habit.

It’s important to follow responsible gambling practices to ensure a healthy and fun betting experience. 
If you think you are developing a gambling problem, you can visit sites like Gamble Aware to seek treatment and support.

Take a Lap at the Best IndyCar Betting Sites

IndyCar betting is a fun activity that allows you to wager on some of the fastest cars in the world. And by studying past histories and knowing what kind of bets to place, you can potentially increase your odds of winning. 

BetOnline is the best online sportsbook to bet on IndyCar racing, offering IndyCar odds, lucrative promotions, and an array of banking options.

Zachary

Wolf

Content Editor

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Zachary Wolf is a Content Editor specializing in online gambling content. His writing credits writing credits include state-specific U.S. gambling laws, casino reviews, and various sports betting guides — most notably WWE betting guides. He enjoys playing slots, poker, and blackjack, among other games.

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