IndyCar: Oddsmakers pick Dixon to win Indy 500

For the third consecutive year, Scott Dixon (+550) opens as the favorite to win the Indy 500. Dixon finished first in qualifying and will be the pole-sitter for the race after he clocked an average lap speed of 234.046 mph during the race. That was 0.5 mph faster than his teammate, Alex Palou (+600).

Speaking of Palou, he is the favored to be the runner-up in the event while Pato O’Ward (+900) is the only other driver with better than 10-1 odds to win the race. Last year’s winner Helio Castroneves (+2800) ranks middle of the pack despite his four previous victories in the Indy 500.

Another notable name within the field, Jimmie Johnson (+1600), is tied for the eighth-shortest odds to win the race. Johnson, a seven-time NASCAR Cup Series champion, is in his first season as a full-time Indy car driver with Chip Ganassi Racing.

Below are the full opening odds for the 2022 Indy 500. These odds are subject to change as Sunday’s race draws nearer.

Driver WynnBET Odds* Driver DraftKings Odds*
Scott Dixon +500 Scott Dixon +550
Alex Palou +650 Alex Palou +600
Pato O’Ward +800 Pato O’Ward +900
Rinus VeeKay +900 Rinus Veekay +1100
Josef Newgarden +1100 Josef Newgarden +1200
Ed Carpenter +1200 Will Power +1400
Colton Herta +1200 Colton Herta +1500
Will Power +1200 Scott McLaughlin +1600
Marcus Ericsson +1300 Jimmie Johnson +1600
Jimmie Johnson +1400 Takuma Sato +1800
Scott McLaughlin +1400 Marcus Ericsson +1800
Takuma Sato +1400 Ed Carpenter +1800
Tony Kanaan +1750 Tony Kanaan +2000
Simon Pagenaud +1750 Felix Rosenqvist +2000
Felix Rosenqvist +1750 Alexander Rossi +2500
Alexander Rossi +1750 Simon Pagenaud +2500
Helio Castroneves +2250 Helio Castroneves +2800
Romain Grosjean +2250 Graham Rahal +3000
Graham Rahal +2500 Romain Grosjean +3000
Marco Andretti +4000 Marco Andretti +5000
Conor Daly +4000 Conor Daly +5000
David Malukas +4000 David Malukas +5000
Santino Ferrucci +5000 Santino Ferucci +6000
Devlin DeFrancesco +7500 Juan Pablo Montoya +8000
Jack Harvey +7500 Christian Lundgaard +10000
J.R. Hildebrand +7500 Kyle Kirkwood +10000
Callum Ilott +7500 Devlin DeFrancesco +10000
Sage Karam +7500 Jack Harvey +10000
Kyle Kirkwood +7500 Sage Karam +10000
Christian Lundgaard +7500 J.R. Hildebrand +10000
Juan Pablo Montoya +7500 Callum Ilott +10000
Dalton Kellett +15000 Dalton Kellett +20000
Stefan Wilson +50000

* Payout on a $100 bet