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Indy 500 Odds, Prediction & Best Bet for 2023 IndyCar Series Race (Palou Thrives in Pole Position)

By Devon Platana

Indianapolis 500 odds, prediction and best bet for 2023 IndyCar Series race.
Indianapolis 500 odds, prediction and best bet for 2023 IndyCar Series race. / AP Photo/Darron Cummings
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The 2023 IndyCar season continues on Sunday evening with the Indy 500 at the Indianapolis Motor Speedway in Speedway, Indiana. This will be the sixth race of the 2023 season so far.

Indy 500 Info 2023

Date: Sunday, May 28, 2023
Start Time: 11 a.m. ET
Laps: 100 (62.5 miles)
2022 Winner: Marcus Ericsson
Coverage: NBC, Peacock

The Indianapolis 500 is one of the most exciting events in all of racing. The 500-mile, 200-lap race has created a plethora of moments in the past, taking careers to new heights in the process. So, who'll be the latest victor to take home the checkered flag this year?

Indy 500 Odds 2023

Driver

Odds to Win

Alex Palou

+600

Scott Dixon

+700

Pato O'Ward

+800

Takuma Sato

+1000

Felix Rosenqvist

+1100

Rinus Veekay

+1200

Scott McLaughlin

+1200

Alexander Rossi

+1300

Marcus Ericsson

+1400

Josef Newgarden

+1600

Santino Ferruci

+1600

Will Power

+1800

Tony Kanaan

+2200

Colton Herta

+2600

Kyle Kirkwood

+3000

Romain Grosjean

+4000

Helio Castroneves

+4500

Conor Daly

+4500

Ed Carpenter

+ 4500

Simon Pagenaud

+5000

Benjamin Pedersen

+6500

David Malukas

+6500

Marco Andretti

+6500

Ryan Hunter-Reay

+6500

Graham Rahal

+8000

Stefan Wilson

+11000

Christian Lundgaard

+11000

Jack Harvey

+16000

Callum Ilott

+16000

Devlin Defrancesco

+16000

Sting Ray Robb

+19000

Agustin Canapino

+20000

Katherine Legge

+20000

RC Enerson

+20000

Alex Palou is currently the Indy 500 favorite on FanDuel Sportsbook's IndyCar odds at +600. Scott Dixon (+700), Pato O'Ward (+800), Takuma Sato (+1000) and Felix Rosenqvist (+1100) round out the top five.

Indy 500 Prediction 2023

While promising odds don't guarantee a winner, I predict that Alex Palou will finish in the top spot this weekend. He has momentum on his side coming off a victory at the GMR Grand Prix two weeks ago. He's also performed well at the Indy 500 in the past, finishing as the runner-up in 2021 before placing ninth last year. After finishing no worse than fifth in his last four races, Palou is well-positioned to take the flag here.

Indy 500 Best Bet 2023

There's good value to be had with Palou at +600, but some bettors are looking for more than that. Taking that into account, Marcus Ericsson at +1400 odds is another viable option. Not only is he the returning champion, but he also won the Grand Prix of St. Petersburg earlier this season. We've seen five back-to-back Indy 500 winners in the past and Ericsson is more than talented enough to become the sixth.

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Devon Platana is not a FanDuel employee. In addition to providing DFS gameplay advice, Devon Platana also participates in DFS contests on FanDuel using his personal account, username PepeSilvia0. While the strategies and player selections recommended in his articles are his personal views, he may deploy different strategies and player selections when entering contests with his personal account. The views expressed in their articles are the author's alone and do not necessarily reflect the views of FanDuel.

Game odds refresh periodically and are subject to change.

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