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Indy 500: 2022 Predictions, Race Preview, Odds, and Betting Picks

The Greatest Race in American Motorsports

The Indianapolis 500 returns for its 2022 edition on May 29 at Indianapolis Motor Speedway. There have been five races this season, and the two championship leaders are yet to win. Will one score a first-time victory at the Indy 500?

Four Favorites to Fade

The Indy 500 betting odds have four drivers currently tied as favorites to win the race. Those are Colton Herta, Alex Palou, Josef Newgarden, and Scott Dixon. Palou battled well in last year’s 500 but ultimately was passed by Helio Castroneves with two laps remaining and finished in second place.

Indy 500: 2022 Predictions, Race Preview, Odds, and Betting Picks

While all four of these drivers are favorites (+800) to win the 2022 Indy 500, the betting odds appear to be a bit unfavorable here. All four are highly skilled, extremely technical, and have great cars. Unfortunately, the line is too low to comfortably bet on any of these drivers.

Newgarden is the only of the four drivers to win a race so far this year, and Dixon had car troubles at the 2021 Indy 500. Avoiding these drivers and fading the favorites seems like a good way to bet on this year’s Indy 500.

If you really want to bet on one of these four, be sure to use Betus.com for all the best Indycar betting lines on 2022 Indy 500.

Longshot Legends To Make You Money

The Indy 500 is a race where anything can happen. Eight current drivers have won the race in the past, and three of them (Takuma Sato,  Castroneves, and Juan Pablo Montoya) have won the race multiple times. In fact, last year’s winner Castroneves (currently +1600) has won a record-tying four times and will look to break that record.

Due to the price of the favorites, longshot bets appear to be the best bets at this year’s Indy 500. The IndyCar betting odds currently have  Sato at +2000 despite him having some of the fastest times at practice runs in Indianapolis. Sato won the 2017 and 2020 Indy 500s and is looking for his third victory at Indianapolis Motor Speedway. Sato at +2000 feels like a steal.

Simon Pagenaud is also another good longshot bet. Pagenaud is three years removed from his Indy 500 victory and is currently sitting at +2500. Although Pagenaud has only one top-five finish this season, he is a smart and efficient driver that controls his car well on this track.

The final Indy 500 betting pick is Will Power at +1200. Although he is not as much of a longshot as the others, the value of Power is high. Currently, Power sits in first place in the Indycar standings with 170 points. His driving ability is unquestionable, and he is yet to win a race this year. He may just be due for a big race in Indianapolis at the same race that he won back in 2018.

IndyCar Results and Matchups

So far, the IndyCar 2022 season has been spectacular. Championship leader Power has five top-five finishes, and second place Palou has three top-five finishes. Despite these results, neither driver has won a race yet this season.

Newgarden currently sits in fourth place in the standings but is the only driver to win more than one race this season. If he wins at the Indy 500, he’ll have won half of the races that have taken place in the 2022 season. Newgarden is currently +800 on the IndyCar betting odds.

Dixon, another +800 favorite according to the IndyCar betting lines, has had a great season as well and sits in fifth place in the standings. Dixon is looking to avenge himself after a disappointing Indy 500 last year in which his car was retired less than a ¼ of the way through the race.

2022 Indy 500 Details and Information

  • Game: 2022 Indy 500
  • Location: Indianapolis Motor Speedway, Indianapolis, Indiana
  • Day/Time: Sunday, May 29, 2022
  • Indy 500 Live stream: indycar.com

2022 Indy 500 Betting Odds

Alex Palou +800
Colton Herta +800
Josef Newgarden +800
Pato O’Ward +900
Scott Dixon +800
Scott McLaughlin +900
Will Power +1200
Alexander Rossi +1800
Helio Castroneves +1600
Tony Kanaan +2000
Graham Rahal +2000
Simon Pagenaud +2500
Takuma Sato +2000
Felix Rosenqvist +2500
Jimmie Johnson +3300
Juan Pablo Montoya +2800
Marcus Ericsson +2500
Rinus Veekay +2800
Romain Grosjean +2800
Ed Carpenter +5000
Marco Andretti +5000
Conor Daly +5000
Devlin DeFrancesco +6600
Jack Harvey +6600
Kyle Kirkwood +5000
Santino Ferrucci +6600
Chris Lundgaard +8000
David Malukas +10000
Sage Karam +12500
Callum Illot +15000
JR Hildebrand +20000
Dalton Kellett +30000

Indy 500 Betting Prediction

There are many different angles to take when approaching the Indy 500 betting odds, but currently, the best option is longshot bets. The betting lines are tight at the top, and there is a lot of potential for a comeback victory at this track. My pick is Sato at +2000.

Sato knows how to deal with this track and had the fastest lap in two of the three early practice sessions. He looks lightning-quick. His experience will help him navigate a tough field and, hopefully, come out on top at America’s most famous motor race.

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