Updated: 2023 Jan 27

Indy 500 2023 Betting

Party Sign Up Offer
Visit Site
Full Terms Apply 19+. Ontario only. Full T&Cs apply. Play Responsibly.
Bell Icon
Affiliate Disclosure: At Gambling.com, we want to ensure that players are matched with the right casino and sportsbook offers for them. For this reason, some of the recommended site links are affiliate links. This means that if you visit a website through our link and make a deposit, Gambling.com will receive a commission payment at no extra cost to you. At Gambling.com, we want to ensure that players are matched with the right casino and sportsbook offers for them. For this reason, some of the recommended site links are affiliate links. More
  1. 1
    Zet Bet Sports
    Established 2022
    More Details
    Fast & Clean Betting Interface
    Zet Boost' Accumulator Boosts
    Broad Range of Sports & Esports Markets
    Promo Code
    The code required to claim a sign-up bonus (if any)
    not required
    Min Deposit
    10
    Acca Insurance
    Refund or free bet when one selection in an accumulator lets the bet down
    No
    Live Streaming
    Is there live streaming of sporting events?
    No
    In-Play Betting
    The number of sports with in-play betting available
    32
    Bet Builder
    Can you create your own personalised bets?
    No
    ZetBet is a new to market betting site that includes an attractive sportsbook with excellent filters to enable you to find your bet quickly and easily.
  2. Huge Selection of Sports Betting Markets
    One of the Oldest Online Sportsbooks
    Exclusive Partnership with Sports Illustrated
    Promo Code
    The code required to claim a sign-up bonus (if any)
    500BONUS
    Min Deposit
    10
    Acca Insurance
    Refund or free bet when one selection in an accumulator lets the bet down
    Yes
    Live Streaming
    Is there live streaming of sporting events?
    No
    In-Play Betting
    The number of sports with in-play betting available
    14
    Bet Builder
    Can you create your own personalised bets?
    Yes
    888 Sportsbook offers a massive selection of sports betting markets and sports to its customers. In an US expansion effort, the brand has teamed up with Sports Illustrated.
  3. Broad Coverage of Live Events
    Cute Panda Theme
    Weekly Profit Boost for Sports Betting
    Promo Code
    The code required to claim a sign-up bonus (if any)
    not required
    Min Deposit
    10
    Acca Insurance
    Refund or free bet when one selection in an accumulator lets the bet down
    No
    Live Streaming
    Is there live streaming of sporting events?
    Yes
    In-Play Betting
    The number of sports with in-play betting available
    39
    Bet Builder
    Can you create your own personalised bets?
    No
    Royal Panda might be known for it's world-class casino, but the brand also offers a panda themed sportsbook. Players can enjoy profit boosts by placing several bets on a single slip.
  4. 4
    Casumo Sports
    Established 2012
    More Details
    Official Partner of Reading FC
    Ultra-Fast & Easy To Use Interface
    Daily Odds Boosts & Special Offers
    Promo Code
    The code required to claim a sign-up bonus (if any)
    not required
    Min Deposit
    20
    Acca Insurance
    Refund or free bet when one selection in an accumulator lets the bet down
    No
    Live Streaming
    Is there live streaming of sporting events?
    Yes
    In-Play Betting
    The number of sports with in-play betting available
    35
    Bet Builder
    Can you create your own personalised bets?
    Yes
    Casumo is one of the most distinctive and innovative online sportsbook (and casino) operators in Europe. They like to keep things as simple as possible, with a savvy sports betting user interface.
  5. 5
    BetItOn Sportsbook
    Established 2020
    More Details
    Rising Star Operator of the Year' 2021
    Single or Acca Bets Cashout
    ‘BoostItOn’ Accumulator Boosts
    Promo Code
    The code required to claim a sign-up bonus (if any)
    not required
    Min Deposit
    10
    Acca Insurance
    Refund or free bet when one selection in an accumulator lets the bet down
    No
    Live Streaming
    Is there live streaming of sporting events?
    No
    In-Play Betting
    The number of sports with in-play betting available
    6
    Bet Builder
    Can you create your own personalised bets?
    No
    BetItOn have ex-Liverpool striker and Champions League winner Djibril Cissé as their brand ambassador and resident football expert
  6. 6
    William Hill Sports
    Established 2008
    More Details
    'Sports Betting Operator of the Year' 2020 & 2022
    Official Betting Partner of Tottenham Hotspur FC
    Free to Play 'Free or 4' Predictor Game
    Promo Code
    The code required to claim a sign-up bonus (if any)
    C500
    Min Deposit
    20
    Acca Insurance
    Refund or free bet when one selection in an accumulator lets the bet down
    No
    Live Streaming
    Is there live streaming of sporting events?
    Yes
    In-Play Betting
    The number of sports with in-play betting available
    32
    Bet Builder
    Can you create your own personalised bets?
    No
    Named after its founder way back in 1934, William Hill is now one of the world's biggest bookmaker brands and operates over 1400 betting shops throughout the UK.
  7. Bonus Payout on Multi Bet
    Multi-Bet Cashback
    Live Streaming Feature
    Promo Code
    The code required to claim a sign-up bonus (if any)
    not required
    Min Deposit
    10
    Acca Insurance
    Refund or free bet when one selection in an accumulator lets the bet down
    No
    Live Streaming
    Is there live streaming of sporting events?
    No
    In-Play Betting
    The number of sports with in-play betting available
    14
    Bet Builder
    Can you create your own personalised bets?
    No
    Slottica operate a sportsbook and a casino platform. You'll find plenty on offer in both of these sections.
  8. 8
    Luckland Sports
    Established 2015
    More Details
    Dual Sportsbook & Casino Platform
    Accumulator Boosts of up to 77%
    Live Betting & Cash-Out Options
    Promo Code
    The code required to claim a sign-up bonus (if any)
    not required
    Min Deposit
    15
    Acca Insurance
    Refund or free bet when one selection in an accumulator lets the bet down
    No
    Live Streaming
    Is there live streaming of sporting events?
    No
    In-Play Betting
    The number of sports with in-play betting available
    32
    Bet Builder
    Can you create your own personalised bets?
    No
    Luckland Sports is a recent addition to the established Luckland Casino brand to offer an all-round gaming and betting experience.

Note: If based in Ontario, any content mentioning bonuses, promotions, wagering or free spins is not intended for you, following Ontario regulations. If located in that province, please go to Ontario Sportsbooks. Ignore this note if not based in Ontario.

Indianapolis 500 Betting Tips

Among auto races, the Indy 500 stands unmatched in terms of tradition, a primary reason why it can attract crowds of 300,000 — and it all started on a brick surface in the early 1900s, remembered today in the “yard of bricks” that comprises the start/finish line.

There’s a lot to take in at the Indianapolis 500, with all that spectacle greeting one of the biggest crowds in American sports. To help cut through all the distraction, here are five things to consider when wagering on the premier event in U.S. open-wheel racing.

Know the Favorites

And not necessarily just the names atop the odds list in sports betting sites. In modern times, the Indy 500 is a race dominated by three owners, and knowing their entries is paramount when laying action.

Roger Penske has won it a record 17 times entering 2019, including two of the past four years, and his drivers are always top contenders. Michael Andretti never won the Indy 500 as a driver, but his cars have won it six times. Chip Ganassi entries have won twice from 2009-2019.

Forget Everything Else

This season, we mean. The Indy 500 is the first oval-course race of the IndyCar slate, so there’s nothing from earlier in the year that provides a true barometer of how drivers will stack up over the month of May. So much about the Indy 500 is unique, and that includes the event itself.

Drivers so far have seen nothing like those long, blistering Indianapolis Motor Speedway straights that test both nerves and horsepower thresholds. The track is fast and mean and punishing. If you bet based on results at street layouts and road courses, do so at your own peril.

Watch the Interlopers

As a crown jewel of motorsports, the Indy 500 often attracts big names from other racing disciplines that have yearned to give the event a try. NASCAR stars Cale Yarborough, Bobby Allison, Kurt Busch and Tony Stewart have all crossed over, as have Formula 1 mainstays Graham Hill and Jim Clark.

These are typically top drivers with well-funded efforts that attract a lot of media attention, so they’re not showing up just to run in circles. In recent years, for instance, two-time F1 world champ Fernando Alonso (who raced in 2017 but failed to qualify in 2019) and ex-NASCAR racer Danica Patrick have been in the field.

Monitor Practice Times

It’s a long month with a lot of track time, and by the time the green flag drops it’s pretty clear who the favorites are.

No question, the track is a bear, and it tests setup as much as it does driver. Engine failures — or worse — do occur, simply because of forces that are impossible to appreciate unless you’re sitting up close watching cars try to navigate this narrow 2.5-mile oval.

Odds will surely shift based on practice performances, but there’s nothing that better indicates who the top contenders will be.

Don’t Fall for Underdogs

The Indianapolis 500 is traditionally a top-heavy race, with just three owners who produce most of the winners, and a track capable of tearing lesser equipment apart.

Alexander Rossi and Takuma Sato may not have been household names when they won in 2016 and 2017 — in fairness, few IndyCar drivers are — but they drove for an Andretti team that often dominates the race.

There may be some tempting options down in long shot territory, but history indicates they won’t have the equipment to mount a serious charge.


Best Indy 500 Bets

Contributors

Contributors

Hi, I'm Dean Ryan

"A passionate sports betting expert and journalist with over 15 years spent in the gambling industry."

Interests
  • Sports Betting Sites
  • Odds Compiling
  • Horse Racing

Reviewer since June 2016

×