The month of May has officially arrived, meaning the motorsports world is turning its attention to Indianapolis Motor Speedway for the next couple of weeks.
While the race won't take place until Sunday, May 26 (11 a.m. ET, NBC), Indy 500 odds are open and available for betting ahead of the 108th running of "The Greatest Spectacle in Racing."
Below is an updated list of Indy 500 odds from DraftKings before cars hit the track for practice and qualifying beginning on Tuesday.
2024 Indy 500 Odds
*Odds as of May 13
- Alex Palou: +400
- Kyle Larson: +650
- Pato O'Ward: +700
- Josef Newgarden: +900
- Scott Dixon: +1000
- Will Power: +1200
- Scott McLaughlin: +1200
- Marcus Ericsson: +1500
- Alexander Rossi: +1600
- Felix Rosenqvist: +1800
- Santino Ferrucci: +2000
- Kyle Kirkwood: +2000
- Colton Herta: +2000
- Rinus Veekay: +2200
- Linus Lundqvist: +2500
- Takuma Sato: +3000
- Conor Daly: +3500
- Helio Castroneves: +4000
- Graham Rahal: +4000
- Christian Lundgaard: +4000
- Callum Ilott: +4000
- Marcus Armstrong: +5000
- Ed Carpenter: +5000
- Marco Andretti: +6000
- Romain Grosjean: +6000
- Ryan Hunter-Reay: +7000
- Pietro Fittipaldi: +10000
- Tom Blomqvist: +15000
- Nolan Siegel: +15000
- Kyffin Simpson: +20000
- Sting Ray Robb: +20000
- Christian Rasmussen: +20000
- Agustin Canapino: +20000
- Katherine Legge: +30000
A big storyline heading into the 2024 Indy 500 is NASCAR's Kyle Larson attempting "the double."
This is a reference to drivers who race in the Indy 500 – and then fly immediately to Charlotte to race in NASCAR's Coca-Cola 600 that night.
While Larson is considered one of the most talented drivers in the world, this will be his first-ever IndyCar start, so some may be surprised to see him so high up the Indy 500 odds board.
Just Alex Palou (+400) is currently shorter than Larson (+650) to win the Indy 500, with heavy hitters such as Josef Newgarden (last year's winner) and Scott Dixon listed at +900 and +1000, respectively. Action Network motorsports expert Nick Giffen is looking further down the odds board with a 200-1 super long-shot pick for the Indy 500.
