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Honda Indy Toronto: Betting Odds, Analysis & Picks for Sunday's IndyCar Race

Honda Indy Toronto: Betting Odds, Analysis & Picks for Sunday’s IndyCar Race

The last time we spoke about IndyCar, we were discussing the upcoming doubleheader.

Those races are now in the books, with the results having an impact on the overall standings.

Today’s MyBookie Honda Indy Toronto Top Favorites
1. Àlex Palou | 329 points
2. Will Power | 281 points
3. Pato O’Ward | 259 points
4. Scott Dixon | 258 points

My Honda Indy Toronto Analysis

We had two different winners in those races, neither of which was the current leader in IndyCar, Àlex Palou.

We have said before that the battle for the championship always seems to go down to the wire in this sport, and it certainly looks as though it will this season.

Our focus now, though, is on the next race, which is coming this Sunday in Toronto.

Will the gap at the top continue to tighten, or can the current leader take a firmer grip?

Let’s take a look at the likely favorites in Toronto.

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Àlex Palou

As we mentioned at the top of this piece, Palou has the lead in the driver standings as he goes looking for his 3rd world championship in 4 years.

That would be a massive achievement, but it’s one that is not going to come easy.

He failed to win in the Iowa doubleheader, but he did manage to pick up a 2nd place finish in the first race before having a poor showing in the second, where he failed to even crack the top 25.

His overall lead at the top is down to 35 points, so he needs a good run this weekend. He hasn’t won in Toronto, but Palou did finish 2nd there last season. Top 3 seems to be a likely finish.

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Will Power

With just 6 races remaining in the season, Power is well aware that he needs to keep narrowing the gap at the top, which means finishing ahead of Palou in every race.

Overall, he made up some ground last week in Iowa, bouncing back from a poor showing in Race 1 to win the second event of the weekend.

As good as that is, I still think Power has a problem this weekend, as he has not been very good in previous runs in Toronto, failing to crack the top 10 in the last 2. That makes him a risky bet.

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Pato O’Ward

O’Ward has very much helped his cause over the last few races, breaking into the top 3, but he is still more than 70 points out of the lead, so he has to maintain his current form over the final 6 races of the season.

Even then, that might not be enough to get to the top.

He picked up his 2nd win of the season in Mid-Ohio before performing well in the doubleheader with a 2nd and a 6th place finish, respectively.

O’Ward seems to have some momentum right now, and while Toronto has not been particularly kind to him, a top 3 finish could be a possibility.

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Scott Dixon

The elder statesman of the IndyCar circuit is still in the championship conversation, sitting in 4th overall, but he will also be the first to admit that he needs a lot to go his way over the next 6 races for him to climb up the rankings.

The fact of the matter is that he isn’t really doing enough to think that he could turn this around, although he did have a couple of 4th place finishes in the doubleheader.

Dixon is always impossible to count out, and he does have a win in Toronto, so he might be worth the risk.

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Bet Honda Indy Toronto Odds

When: Sunday, July 21 at 1:00pm ET
Where: Streets of Toronto, Ontario
TV / Streaming: Peacock, IndyCar Live, SiriusXM


   
 
 

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2023 Indy Toronto Grand Prix
 

We are now beyond the midway point of the IndyCar season, and while that means that there are still 8 races to come, the gap at the top has to be more than a little concerning for every driver that isn’t Alex Palou. He is starting to open up a lead that is close to becoming too much to close down unless one of the chasing drivers makes a move sooner rather than later. The first chance to close that gap comes this weekend in Toronto. Another win for Palou could really make things tough on the other drivers, so we need someone to step up, if only to make the championship race interesting again. Let’s take a look at some of the Indycar picks for drivers who might be in the hunt.

IndyCar Betting Analysis and Prediction for the Honda Indy Toronto | IndyCar Lines by MyBookie

When: Sunday, July 16 at 1:30 pm ET
Where: Exhibition Place, Toronto, ON
TV / Streaming: Peacock

Alex Palou

IndyCar Odds: -549

After winning his first championship in 2021, Palou found just how tough it is to repeat as champion. He did not have a horrible season in 2022, but finishing 5th overall was probably a lot worse than most of us expected from him. He is back to his championship winning form this season, winning each of the last 3 races and 4 of the last 5. He looks unbeatable at the moment and has opened up a 110-point lead at the top, which is going to be very tough to close unless he gets cold in the coming weeks. He ran 6th in Toronto last season.

Scott Dixon

IndyCar Odds: +720

Given how many championships he has won over the years, it might be a bad idea to count the wily old veteran out with so many races still to come. Over the last few races, Dixon has quietly moved up to 2nd in the driver standings, and while he hasn’t won a race this season, he has been no worse than 4th in each of the past 3 races. We all know that Dixon knows how to win, so it would not be a surprise to see him get hot coming down the stretch. Wins need to happen, though, and since Dixon won this race last year, maybe he can do it again this weekend.

Josef Newgarden

IndyCar Odds: +730

In order to become a world champion, a driver must display a high level of consistency over the course of a long season. We all know that it’s impossible to win every week, but staying close to the leaders and picking up points is the way to land on top. Newgarden knows what it takes to be a champion, but he has been altogether too unpredictable this season. He does have a pair of wins to his name, but he has also landed outside the top 10 far too often. Newgarden was 10th in this race in 2022, but I think we can expect better this time around.

Marcus Ericsson

IndyCar Odds: +1025

While you don’t have to win every week to be crowned a world champion, you do need to start winning more when the current leader is taking multiple checkered flags. Ericsson got off to an amazing start to the season, winning the opening race of the year, but he has only been on the podium twice since then and has failed to win another race. That has seen him slip down to 4th overall in the driver standings, so he needs a big run this weekend. A top 5 in Toronto last season proves that such a run is possible.

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

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