As of race day on Sunday morning, O'Ward (+475) and Palou (+475) are still favored to win, per BetMGM. But two-time defending Indy 500 champ Josef Newgarden jumped ahead of McLaughlin and Dixon and now has the third-best odds to win his third straight Indy 500 at +700 — despite being part of the Team Penske controversy this week.

Rookie Robert Shwartzman secured the pole and his odds surged to 11/1 from 40/1. The reigning Indy 500 champion is Josef Newgarden. His odds to win the Indy 500 originally dropped to 10/1 from ...

Indianapolis 500 is wide open this year after an eventful qualifying. Here's how every driver stacks up based on their odds in Sunday's race.

Memorial Day Weekend brings us the 109th running of “the greatest spectacle in racing” — the Indianapolis 500. The Indy 500 sold out its grandstand of 350,000 for the first time since 2016, and the decades-old local TV blackout has been lifted so locals can watch the race live.

The Indy 500 will take place this Sunday on FOX. Check out these fun ways that you can wager on the upcoming action.