1. Indy 500 Betting Guide
2. Indy 500 Gambling Odds
3. Indy 500 Betting Tips
4. Indy 500 Betting

Leading the Indianapolis 500 odds at Bovada as co-favorites ahead of Tagliani are Dario Franchitti and Scott Dixon, both at 4/1. Franchitti is a two-time Indy 500 winner and is also the reigning champion after drinking the milk at the Brickyard last season. Indy 500 Live Betting In recent years, many online bookmakers have been offering live betting for the Indy 500, meaning you can bet props on individual events that might occur during the race – while the race is running. These are fun bets to make and offer nearly instant gratification.

• Andretti has 14 starts in the Indy 500 with no wins and eight top-ten finishes. Indy 500 Betting Odds Picks. In this situation, Will Power makes for a strong Indy 500 Betting candidate. As a matter of fact, he likely should have won more than just one Indy 500 championship. This would be the year to make up for that! Indy 500 Betting Odds.
• Indianapolis is a popular sports town with the Colts (NFL) and Pacers (NBA) both being successful teams in the two most bet on sports leagues in the United States. The Indianapolis Motor Speedway is also the most well known automobile racetrack in the USA, hosting the Indy 500 each year.

The Indianapolis 500 is the most popular race from the IndyCar Series. Millions of auto racing lovers from the US and other countries watch every year, and many of them try to make some money from the race through betting on it.

We bet on the Indy 500 online as it’s far more convenient than other options and comes with a wide range of extra benefits. We recommend you do the same, too, but please think carefully about where to place your wagers. Not all online sportsbooks and bookmakers can be trusted.

The following ones can for sure, so we suggest using one or more of these. According to our team of online gambling experts, these are the best Indianapolis 500 betting sites as of right now.

We’re big fans of betting the Indy 500 as it makes an already incredible sporting spectacle even more fun to watch. Plus, it really is possible to make money with the right attention to detail. A bit of research and analysis can go a long way when it comes to choosing your Indy 500 wagers.

Research and analysis are important when it comes to choosing where to bet, too. The above list of betting sites is not some random collection of bookmakers and sportsbooks, but rather the result of our hard work. We’ve thoroughly evaluated and assessed a wide range of betting websites and determined which ones offer the best all-around experience.

First and foremost, all of our recommended Indy 500 betting sites are perfectly safe to use. Of course, they also offer a good selection of Indy 500 wagers.

We go through all of the reasons why we rate these online sportsbooks so highly below. Other sections of the page are dedicated to the advantages and disadvantages of betting on Indy 500 online and the reasons why you should use more than one betting site. Also, if you want to learn more about some of these specific Indy 500 betting sites we have linked to their respective reviews below.

• MyBookie – Offering a welcome bonus of up to $1,000.
• Bovada – Many different bets to be made on races.
• SportsBetting.ag – Strong live betting platform for in-race betting.

Advantages of Betting on the Indy 500 Online

A lot of people wonder if betting on the Indianapolis 500 online is the right choice. We certainly believe that’s the case, but we want to stay objective. That’s why we will list the pros and the cons of betting on the internet compared to land-based bookmakers and let you decide for yourself.

Let’s start with the upsides.

The most obvious advantage of betting on the Indy 500 online is that it’s easy. You can simply open your computer, load a sportsbook’s page, and place your wagers. The whole process takes a couple of minutes max and can be done at any given moment.

Using the services of a brick-and-mortar bookmaker requires a lot of time and energy because you have to actually go there physically.

Not to mention that you have to comply with the working hours, as most land-based gambling operators are not available non-stop. That’s not the case with our recommended Indianapolis 500 betting sites, which work 24/7.

You can check out what lines are available and place your wager at any given time. If we add the fact that you can do that on mobile, it becomes clear why the online betting industry is thriving.

Another huge upside of betting online comes from the variety of the available markets. In most cases, you will be able to find more Indy 500 options on the internet.

For anyone who has deep knowledge of the race, that means more opportunities to make money. And for those just looking to have some fun with their wagers, a greater choice of options is always welcome.

The higher competition between the bookmakers online and the lower costs work in the best favor of the players. One of the most important consequences is the lower betting margin that is available online.

You can find slightly higher odds on the web in comparison to land-based sportsbooks. Simply put, you will get better value for your money on the internet. The difference might seem negligible for one or two bets, but you gain a lot in the long run.

Another reason why you get more for your money online is the bonuses and promotions at your disposal. Our top rated Indy 500 betting sites all have various special offers that will bring you extra value.

Each of them has a nice sign-up bonus for new customers. You only have to join and make your deposit to receive it.

When you’re done with the promos for new customers, there are other options that bring even more benefits to the table. The list includes reload bonuses, free bets, loyalty programs, and more.

There is a strange phenomenon related to land-based bookmakers that most people tend to underestimate. If you take the time and effort to visit them, you may feel obliged to place a wager.

This can lead to going after wagers that you know deep down are not profitable in the long run.

The feeling that you MUST bet can be misleading and affect your ability to act rationally. This is not really an issue when betting online, as all you’ve had to do is fire up the website and browse your options.

It’s much easier to stay disciplined and not place questionable wagers if you don’t feel “forced” to have a bet due to the circumstances.

Some people don’t even have access to brick-and-mortar bookmakers. Others are forced to pick between a couple of options. Such a limited choice means that you often might be unsatisfied with what you get, and there’s nothing you can do to change your options.

Running into such a limited situation is almost impossible online. There are plenty of betting sites that offer Indianapolis 500 betting to their customers. Even players from countries with restrictive online gambling laws like the USA have access to tens and even hundreds of bookmakers.

That makes it much easier to find a sportsbook that suits your exact needs. Even if you don’t love your first betting site choice, you can instantly switch to another website.

If you are new to sports betting and want to try your luck on the Indy 500 for the first time, it’s a good idea to use some discretion. Don’t invest too much, as you will most likely lose often at the beginning.

That advice is hard to follow at land-based sportsbooks, as the minimum wager of most bookmakers is quite high. Some won’t accept stakes below $5 or even $10 because of the costs that come with every bet.

The situation is completely different on the internet. The system of our top Indy 500 betting sites is completely automated. Accepting a wager costs nothing, so you can often bet amounts like $0.10 or $0.50.

That opens the door to players who are willing to try their luck but don’t have much to invest. Even $10 or $20 could be enough to start betting on Indianapolis 500 online.

We promised to stay objective, so we will take a look at the downsides of betting on Indy 500 online.

One of the biggest issues of online betting on any sport is that you can’t instantly enjoy any profits you make. You have to request a withdrawal, wait for approval, and then wait some more until the transaction is processed.

Even if you pick the fastest payment providers on the web, you will often still have to wait for at least 24-48 hours to receive your cash.

In brick-and-mortar bookmakers, you can get your money instantly. A couple of minutes after the event is finished, you can visit the cashier, and you will be paid. The money will be in your pocket, and you can do with it whatever you want. Assuming you’re still there, of course!

We admit that we sometimes miss that feeling, but it’s not the end of the world. Unless you need your winnings instantly for some reason, you simply need to be patient. And at least our recommended betting sites are among the fastest at paying out withdrawals.

The convenience of betting on Indy 500 online usually works in your favor, saving you money and time. However, if you lack discipline, it could hurt you.

People who are addicted to gambling or have the habit of placing wagers under the influence could lose a lot of cash quickly. Since it only takes a minute to place a bet, you can make regrettable decisions before you come to your senses.

The bookmakers hate serial winners because they are directly taking money from them. They would love to limit them as much as possible. Most brick-and-mortar sportsbooks can’t do much about that, but the online betting sites can.

The terms and conditions of even the best bookmakers state that the company has the right to restrict your maximum bets or even close your account.

Your money is safe, and no reputable betting site will steal it, but your ability to place wagers might be hindered. The good news is that it takes a lot of time to get to this point where the bookmakers are limiting you for winning so much, and you can always just join another online bookmaker. There are also some methods you can use to avoid being limited in the first place.

Most online betting sites, especially our recommended Indy 500 bookmakers, are legit and can be trusted. However, there are some shady sportsbooks that operate with no license and might try to steal your money or personal information.

You should always be careful when opening a new account. We urge you to research the reputation and check the gambling license of every sportsbook. The alternative is to trust our top rated Indianapolis 500 betting sites, as we made sure they are legit.

We will now reveal the full details about our process for rating online sportsbooks so that you understand why we believe our recommended Indy 500 betting sites are the best on the internet.

What we do is have our experts in online sports betting study a range of betting sites, exploring and rating each of the following aspects.

The golden rule of online gambling is to play it safe. Don’t join a bookmaker if you don’t have a bunch of good reasons to believe it can be trusted. That’s the first goal of our review process.

For a start, we check the license of the sportsbook and the online gambling commission behind it. We want to be sure that the regulator is doing a solid job, consistently monitoring the activities of the bookmaker and protecting the customers.

The next step is to take a look at the website and the security measures used. Every transaction of money or personal information must be encrypted with up-to-date SSL technologies. If that’s not the case, there is a risk that harmful third parties might get their hands on your cash and data.

Once we feel certain that won’t be the case, there is one final check. We browse the internet to see if there are previous cases in which the betting site was unfair towards its customers. A couple of complaints here and there are inevitable, but if there are too many of them, we dig deeper.

We don’t recommend a bookmaker unless we feel it has a strong reputation for taking care of every customer.

The focus on this particular page is to highlight the leading bookmakers on the web for Indy 500. Naturally, we always explore the betting markets offered for the race. We would like to see as many as possible.

For the experts in the IndyCar series, every option is a potential opportunity to make some money. Our best Indianapolis 500 bookmakers on the web offer plenty of them.

We already explained the importance of the low betting margin earlier. For those of you who don’t know what that is, let’s elaborate a bit.

The betting margin has a similar role as the house edge in casino games. It ensures that the bookmaker will make money in the long run. The main difference and the reason why the betting margin can be beaten, unlike the house edge, is that it’s not evenly spread across outcomes.

For example, the advantage of the casino in European roulette is 2.70%. You can bet on any number, bet on odds/evens, or pick a dozen. It doesn’t really matter. Your long-term expectations are always to lose 2.70% of the stakes you place.

The betting margin is usually higher than 2.70%, but it’s not evenly distributed. In certain cases, all the margin could be applied to one of the outcomes if most players are betting on it, and the rest of the outcomes could even have a positive expected value.

That’s how you make money from sports betting. You can learn more on the topic on this page. As you could assume, the lower the betting margin, the better the odds and the higher your chance to make money.

Our recommended Indy 500 online bookmakers offer some of the lowest margins and the most competitive prices on the web.

Every one of our top Indy 500 betting sites will be happy to provide you with various special offers. You will rarely find exclusive promotions for the race, but all the regular deals of most bookmakers can be used to bet on Indianapolis 500 online.

The best value comes from the sign-up bonuses you can obtain, but there are other ongoing promotions designed to handsomely reward the loyal customers of each sportsbook.

Indy 500 Betting Guide

We want to make sure that our customers will be able to comfortably deposit and withdraw their money. For that purpose, we always examine the variety of payment providers available in the cashier section of every sportsbook.

We expect to see popular options such as credit and debit cards, e-wallets, cryptocurrencies, money transfer services, and wire transfers. At least a couple of those should be at your disposal, and the speed of the withdrawals is important, too.

The acceptable waiting time is around 48-72 hours for e-wallets and crypto or 3-10 working days for everything else.

When the first mobile versions of sports betting sites hit the market, it was revolutionary. Nowadays, it’s mandatory to have a responsive site that works on mainstream devices like iPhone, iPad, Android, and Windows Phone.

All of our top rated Indy 500 online bookmakers work well on phones or tablets. You will have access to all important actions, including placing wagers, deposits and withdrawals, customer support, and more.

Even if you follow the rules and do everything by the book, you will probably need assistance at some point. We only recommend betting sites that are more than happy to provide it.

Each bookmaker should have a help section that answers important questions related to payments, promotions, betting markets, and other relevant topics.

On top of that, there should be an easy way to contact the staff and talk to an agent that is competent. Some people underestimate that, but the lack of proper customer support service could be a huge problem and cost you a lot of time and money.

Finally, we always rate the user experience you get. The design and navigation of the betting site must allow easy access to every betting market or feature. There should be no long loading times, awkward buttons, and broken links.

Such issues could ruin the whole betting experience and cost you unnecessary time and energy that could be invested in other activities, like preparing for your wagers.

Reasons to Use More Than One Indy 500 Betting Site

Indy 500 Gambling Odds

Most people prefer to use the services of only one betting site. It’s certainly easier in some respects, but that doesn’t make it the right choice. Most successful bettors actually have accounts with multiple bookmakers. Such an approach brings many long-term benefits.

Let’s take a look at them.

The betting odds of our trusted Indy 500 bookmakers online are usually similar. However, there are tiny differences. If you have access to a couple of different sportsbooks, you could consistently get better value for the money you place.

The extra cash you get will accumulate over time, and it will boost your returns. The whole process is called shopping for odds and lines.

Indy 500 Betting Tips

If you want to learn more details about it, check out the page below.

Some people engage in so-called bonus hunting. As the name suggests, it means claiming a bunch of bonuses offered by the different betting sites. The idea is to join a bookmaker, clear the sign-up offer, and move to the next one.

When you do that a couple of times, your bankroll will be significantly higher. While the concept of bonus hunting is related to the welcome deals, the logic applies after that too.

Indy 500 Betting

The more Indy 500 betting sites you use, the higher the chances of finding a juicy promotion at any given moment. Simply keep your eyes open, and you will often get that extra value.

If you are a consistent winner, there’s a chance your account could be limited by your bookmaker at some point. This could be an issue if you are using only one Indy 500 betting site.

The people who use a few will rarely get in trouble. For a start, their bets will be spread across multiple places, so it will take a lot more time to get limited. Even if that does happen, you can simply place your wagers in one of the other sportsbooks you are using on the web.

The advice we have to offer is clear. Betting online is the best option for placing your Indy 500 wagers, picking the right betting sites is essential, and there are several benefits to using multiple sites. These are the key points we want you to take away from this page. If you’re ready to get started, simply scroll back to the top and choose from our recommended sites.

If you’re not quite ready to do that, here are some additional resources that you might want to take a look at.

We have a page on IndyCar betting that includes a section dedicated to explaining how to get started with betting on IndyCar online. We also provide reviews for all of our recommended gambling sites if you’d like to read in more detail about any of them.

Finally, there’s a page that includes sports betting sites ranked in different categories. If none of the options on this page appeal to you, or if you have some specific preferences or requirements, you might find something more to your taste there.

Whatever you choose to do, and wherever you choose to bet, good luck!