2020 Indy 500 Odds: Scott Dixon the Favorite on Opening Day

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Photo by Jamie Squire/Getty Images. Pictured: Scott Dixon, driver of the #9 Chip Ganassi Racing Honda

Aug 12, 2020, 06:44 AM EDT

It’s almost three months later than expected, but Opening Day for the 2020 Indy 500 is finally here!

Cars will be on track for practice today, Thursday and Friday, before Indy 500 qualifying takes place on Saturday and Sunday.

With track activity underway today, let’s take a look at the latest Indy 500 betting odds.


Odds as of Aug. 12 at 6:30 a.m. ET and via DraftKings. Get up to a $1,000 sign-up bonus at DraftKings today or see more offers and reviews for the best online sportsbooks.


2020 Indy 500 Odds

Driver Odds
Scott Dixon +550 [Bet now]
Will Power +750 [Bet now]
Josef Newgarden +800 [Bet now]
Simon Pagenaud +800 [Bet now]
Alexander Rossi +850 [Bet now]
Colton Herta +1400 [Bet now]
Felix Rosenqvist +1600 [Bet now]
Helio Castroneves +2000 [Bet now]
Ryan Hunter-Reay +2200 [Bet now]
Fernando Alonso +2500 [Bet now]
Ed Carpenter +2500 [Bet now]
Patricio O’Ward +2500 [Bet now]
Conor Daly +2500 [Bet now]
Graham Rahal +2500 [Bet now]
Takuma Sato +2800 [Bet now]
Santino Ferrucci +3000 [Bet now]
Tony Kanaan +3300 [Bet now]
Oliver Askew +3500 [Bet now]
James Hinchcliffe +3500 [Bet now]
Marcus Ericsson +4000 [Bet now]
Marco Andretti +5000 [Bet now]
Rinus VeeKay +5000 [Bet now]
Spencer Pigot +5000 [Bet now]
Zach Veach +6600 [Bet now]
J.R. Hildebrand +6600 [Bet now]
Jack Harvey +8000 [Bet now]
Alex Palou +10000 [Bet now]
Sage Karma +10000 [Bet now]
Max Chilton +15000 [Bet now]
Charlie Kimball +15000 [Bet now]
James Davison +20000 [Bet now]
Ben Hanley +25000 [Bet now]
Dalton Kellett +25000 [Bet now]

Indy 500 Odds, Betting Notes

After a torrid start to the season that includes three wins through six races and the IndyCar Series points lead, Scott Dixon kicks off the Indy 500 festivities as the race favorite at +550.

Will Power, the 2018 winner, is next at +750. Power’s Team Penske teammates, Simon Pagenaud (the defending race winner) and Josef Newgarden, are just behind at +800 odds.

Alexander Rossi, who won the 2016 Indy 500 and has finishes of seventh, fourth and second over the past three races, rounds out the top five at +850.

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