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Over the course of a full season, every race is important to the drivers who have hopes of winning a championship. That said, there are just some races that are iconic and which fans and drivers alike look forward to. In the world of IndyCar, there is no bigger race than the Indianapolis 500. We have the 106^th version of the iconic race set to go this weekend, and it has proven to be a race where we have come to expect the unexpected. Will we see one of the top drivers come away with the win, or will it be a longshot who comes out of the pack to take the checkered flag? Let’s take a quick look at who the bookies like this weekend so you can make your bets against the IndyCar Odds.

IndyCar Betting Odds and Preview for the 106th Indy 500 Race

Scott Dixon (+550)

One of the most successful drivers in the history of the sport will head into the weekend as the favorite to win it all. He has won this race in the past, as well as multiple world championships, but there are signs that he might be taking a backward step. He finished 4^th overall last season and has struggled a little in 2022. He is currently sitting in 5^th in the driver standings, so a big win here might well kickstart his season. Dixon will start this race in the pole position, but I still feel that he has not been good enough this season, which is why I will be looking elsewhere for the winner.

Alex Palou (+800)

In just his second full season, Palou came out of nowhere to close out the season as the world champion. That was a big leap forward from the 16^th place finish that he delivered in 2020. The big question was whether Palou would be a flash in the pan, but after the first 5 races of the season, he is sitting 2^nd overall. Palou had 3 wins last season, but he is still looking for his first checkered flag of 2022. He ran 2^nd in last year’s Indianapolis 500, so it’s not too much of a stretch to think he might go one better this time around.

Pato O’Ward (+850)

The last couple of seasons have seen O’Ward emerge as a strong challenger, and while he is still waiting to win his first championship, he has been in the top 4 overall in the past 2 years. He is a little off the pace in 2022, sitting in 7^th, but he does have a win under his belt, with that one coming in Alabama a couple of races ago. In the past 2 seasons, his runs in this race have been solid, finishing 6^th and 4^th, respectively. That alone should make him worth taking a look at this weekend.

Josef Newgarden (+1100)

While Newgarden has managed to win a pair of World Championships during his time with IndyCar, this is a race that has, to this point, escaped him. He has had a few top 5 finished in the Indy 500 over the years, but that first victory remains elusive. After a great start to the season, where Newgarden won 3 of the first 3 races, he has cooled off a little. This is one of the better drivers in the business, though, so I would certainly not be counting him out.

I have read enough, I need to place my bet now. What to do?