IndyCar Betting Odds

Brief History

indycarFounded in 1994, IndyCar is a premier open-wheel racing that combines superspeedways, street circuits, shorts oval track racing, and road tracks. The speed at which IndyCar vehicles compete is higher than in any other motorsport – their fastest race was recorded in 2003 (California) when the average speed was measured at amazing 207.151 mph.

This is hardly a surprise, considering the design of the vehicles, single seaters with twin-turbocharged, 500-760 horsepower engines, supplied by Chevrolet and Honda. Depending on the model, IndyCar can develop a top speed of 200 to 235 mph.

The premier event of the series is the annual Indianapolis 500, which is traditionally the busiest event for both online and land-based bookies, who process thousands of bets from the moment the initial odds are published.

Bet Types

Bet types in IndyCar are no different from Nascar and MotoGP bets; essentially, they are similar to the majority of bets across various sports markets and can be divided as follows:

Prop Bets

The most creative form of IndyCar betting, prop bets enable you to wager on a possibility of a certain event taking place during the race. So, it is an “either/or” situation, where you can lay a wager that a driver will hold a leading position in most laps. Other common variations of prop bets are:

  • The first driver to not finish the race (or, popularly referred to as “to DNF)
  • Laps completed (number of completed laps – over/under bet)
  • Caution Flags (another over/under bet on how many times that yellow flag will pop up, warning the players that the track is potentially hazardous).

Some of the bets described above can be categorized as skilled props bet; unskilled props would refer to certain events that are difficult to predict. A possibility of a crash or the number of vehicles that will finish the race are the most common examples of the IndyCar prop bet.

Race Winner

Wagering on a specific driver who will win the race is the most traditional form of betting and probably the best option if you are just getting acquainted with the rules and drivers’ history.

Top Three Finish

Also known as Podium Finish Bet. Instead of wagering on a specific driver to win the race, you can improve your odds by betting that he will be one of the top 3 drivers that make it to the finish line.

Head to Head Matchups

Players who select this bet will be more concerned about the driver’s ranking as opposed to another contestant. The final result is irrelevant, as long as your favourite manages to rank better than the opponent.

Future Bet

A lot of new bettors leave this one to the professionals since it requires more extensive knowledge of the subject. Future bets are placed long before the actual event takes place and as the date approaches, the odds become less and less favourable for the player. Spotting a potential Indy 500 winner may be a difficult task when the event is months away, but the payouts can be extremely generous.

Best IndyCar Drivers to Bet on in 2019:

  • Scott Dixon – born in New Zealand, “The Iceman”, as the fans call him, managed to win IndyCar championship 5 times so far. Dixon drives for Chip Ganassi Racing and has competed in a total of 265 races (43 wins and 102 podiums) during his 16 years long career. 2018 IndyCar Series position – 1st.
  • Alexander Rossi – Andretti Autosport team member, Rossi has so far competed in more than 45 races. He became a household name after winning Indy500 in 2016. So far, he had 5 wins and 12 podiums. 2018 IndyCar Series position – 2nd.
  • Will Power – Australian champion and team Penske driver with more than 170 races under his belt, Will is among the most successful road and street course drivers. He was also the winner of IndyCar Series 2014 and has a total of 32 wins. 2018 IndyCar Series position – 3rd.

IndyCar Bookmakers

William Hill

IndyCar Betting OddsA part of William Hill group that also includes William Hills US. The site is operated by WHG and holds two gaming licences – UKGC and Gibraltar Gaming. New players can claim $30 worth free bets after betting a minimum of $10.

Sports Interaction

Operated by Mohawk Online Ltd, Sports Interaction is the first Canada licenced bookie (Kahnawake Gaming Commission and Jersey Gambling Commission). New account holders will be welcomed with a 10% bonus on the first deposit. Apart from IndyCar betting markets, Sports Interaction visitors will also be able to bet on baseball, basketball, tennis, soccer, MMA, Australian football, Gaelic Games, horse racing and plenty of other sports.

888Sport

888sportLaunched in 2008, 888 is a part of Cassava operated online bookies, under the ownership of 888 Holding. The site is licenced by the GBGA and UKGC and the first-time players can redeem $30 worth free bets after wagering at least $10.

Bovada

Another (former) Kahnawake Gaming Commission regulated bookie, owned by Morris Mohawk Gaming Group. Bovada features a generous 50% deposit match welcome bonus on amounts up to $250. Wagering and depositing can be conducted in Bitcoin. Maximum payout on sports bets can reach $100,000

Betway

betwayBetway Ltd brand, regulated by MGA and UKGC, BetwaySports features a rich promotional program, which includes ongoing free bets offers, money back special, and bet insurances. New members can opt-in for 100% match on the first bet (up to $30).

Conclusion

Learning as much as you can about a particular sports market can be extremely profitable in the long run, but if you fear that this is an excruciation process, you can always stick to the bets with the most favourable IndyCar odds and gradually accumulate profit by playing safe.

At the same time, going for the more complex bets that require a higher level of expertise does not have to be a time-consuming endeavour. Nowadays, drivers’ statistics are often a click away and can be found on IndyCar official website. Video material is also available, as well as the tips featured on online bookmakers (offered to registered members).