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Odds to Win the 2020 Indianapolis 500

Scott Dixon, driver of the #9 PNC Bank Ganassi Racing Honda, races during the NTT IndyCar Series Rev Group Grand Prix Race 1.

The biggest race on the IndyCar schedule takes place on Sunday, August 23, with the 104th running of the Indianapolis 500.

Simon Pagenaud won the 103rd running of the Indy 500 last year and he shares the sixth-best odds at +1000 to go back to back this time around. Scott Dixon is the +450 favorite to claim the checkered flag, followed by Marco Andretti (+650), Alexander Rossi (+750), Ryan Hunter-Reay (+850) and Josef Newgarden (+1000).

Here’s a look at Bovada’s full list of odds ahead of the 2020 Indianapolis 500:

Odds to Win the 2020 Indianapolis 500

Indianapolis 500 Odds
DriverOdds
Scott Dixon+450
Marco Andretti+650
Alexander Rossi+750
Ryan Hunter-Reay+850
Josef Newgarden+1000
Simon Pagenaud+1000
Will Power+1400
Takuma Sato+1500
Colton Herta+1800
Rinus Veekay+1800
James Hinchcliffe+2000
Helio Castroneves+2200
Pato Ward+2200
Conor Daly+2500
Felix Rosenqvist+2500
Fernando Alonso+2500
Alex Palou+2800
Graham Rahal+3000
Marcus Ericsson+3000
Santino Ferrucci+4000
Oliver Askew+4500
Spencer Pigot+5000
Ed Carpenter+5500
Tony Kanaan+5500
Zach Veach+7000
Jack Harvey+7500
Charlie Kimball+10000
Dalton Kellett+17500
JR Hildebrand+20000
James Davison+20000
Sage Karam+20000
Ben Hanley+40000
Max Chilton+40000

Odds as of August 23 at Bovada

Indianapolis 500 Gets a New August Date

The 2020 edition of the Indy 500 will have a much different feel for a variety of reasons. The race is being held three months late due to the COVID-19 pandemic, and there will not be any fans in the grandstands at Indianapolis Motor Speedway.

Double points remain on the line this weekend, however, and whoever wins the race will be assured of a spot in IndyCar history. This is the first race on the IMS oval with the new aeroscreen, and teams have been working all year long to help drivers fend off the heat that the windscreen has made.

The heat in Indianapolis is bad enough in May, so it’s going to be even worse this time around due to its one-time positioning in August. With more heat around the track, the potential of issues arising is considerably higher.

Pagenaud is Looking for More Success in Indianapolis

Pagenaud already has one impressive race win under his belt this season, so it wouldn’t surprise anyone if he’s able to rattle off consecutive triumphs at the Indianapolis 500.

Dixon is the +450 favorite for a reason – he’s been downright terrific in 2020. Dixon is the current points leader and kicked off the campaign to the tune of three straight wins. You won’t find much value at his current price, but he’s certainly worth a pre-race bet due to his red-hot pace this season.