Indy 500 Betting Odds & Preview; Dixon Wins Pole, Pegged As Favorite

The latest edition of the Indy 500 is set to take place on May 24th at Indianapolis Motor Speedway, with a start time of 12:15 p.m. ET and live television coverage on ABC.

Dixon has claimed poll for this 99th edition of the Indianapolis 500, and the last time he started in the pole position was back in 2008 when he came away with the victory.

Dixon is currently fourth in the IndyCar standing, trailing Juan Pablo Montoya (1st) followed by Will Power and Helio Castroneves, but at 9/2 odds he has been pegged as the favorite to win this race.

Those and other Indianapolis 500 participants and their odds to win this historic race include Simon Pagenaud, Will Power (both 11/2), Tony Kanaan, Helio Castroneves (both 13/2),  Juan Pablo Montoya (7/1) and Marco Andretti (12/1).

The rest of the field is priced at 22/1 odds or higher, with at least seven going off at 150/1.

In another storyline, IndyCar driver James Hinchcliffe was hospitalized on Monday after his car crashed into the wall and burst into flames during practice. As a result he needed surgery.

“Obviously we’re relieved that James is awake and out of surgery,” said Schmidt Peterson Motorsports team owner Sam Schmidt. “That’s the most important thing on our minds right now and we will do absolutely everything required to ensure a complete recovery.”

Officials reported Hinchcliffe in stable condition and he is currently at IU Health Methodist Hospital undergoing treatment for other injuries.