Josef Newgarden emerges victorious in exciting 2024 Indy 500 race, defying the odds
Josef Newgarden emerged as the Indy 500 champion, solidifying his status as one of the top contenders at our top-rated sports betting sites.
Josef Newgarden had another heart-pounding experience at the Indy 500, but once again emerged victorious.
Newgarden engaged in multiple thrilling battles during the race, but the most memorable showdown was with Pato O’Ward in the closing laps. O’Ward managed to overtake Newgarden and appeared poised to secure his first Indy 500 victory as he took the lead on the final lap. However, the defending champion swiftly reclaimed the lead by passing O’Ward in the next two turns.
Newgarden joins a rare group of drivers by winning the Indy 500 in back-to-back years, becoming only the sixth driver to do so. He is the first to achieve this since Helio Castroneves did it in 2001-2002.
The Penske driver was listed as the second-favorite in the odds at our top sportsbooks, with Scott McLaughlin just slightly ahead. Take a look at the final odds for the 2024 race, as well as some background on the event and betting advice (odds provided by our top sports betting apps).
Indy 500 odds 2024
The most recent update for the Indy 500 odds was on May 26, 2024.
| Driver | DraftKings | FanDuel | BetMGM | Caesars | bet365 |
|---|---|---|---|---|---|
| Scott McLaughlin | +500 | +500 | +550 | +550 | +500 |
| Josef Newgarden | +550 | +550 | +525 | +500 | +500 |
| Will Power | +700 | +750 | +800 | +850 | +700 |
| Kyle Larson | +750 | +550 ❄️ | +700 | +700 | +700 |
| Alexander Rossi | +1000 | +900 | +1000 | +750 ❄️ | +1000 |
| Colton Herta | +1000 | +800 ❄️ | +1000 | +1000 | +1200 |
| Pato O’Ward | +1100 | +1000 | +1100 | +800 | +800 |
| Alex Palou | +1200 | +1500 | +1300 | +1200 | +1200 |
| Scott Dixon | +1400 | +1000 | +700 ❄️ | +1500 | +1400 |
| Helio Castroneves | +1600 ❄️ | +1800 | +3000 | +2500 | +4000 |
Tips for placing bets on the Indy 500
After selecting your preferred live betting site, head to the motorsport or auto racing category. Keep an eye out for the Indy 500, as it is commonly highlighted leading up to race day because of its widespread appeal. You will discover a variety of betting choices such as picking the overall winner, predicting a podium finish, engaging in head-to-head matchups, and other options.
Examine the probabilities for every driver, taking into account their past results, history at the track, and current condition. Utilize this data to guide your betting choices. After choosing your bet, input the stake amount (the sum of money you wish to wager) and finalize your bet.
Always keep in mind that there is a level of risk involved when betting on the Indy 500 or any other sporting event. Establish a budget and make sure to gamble responsibly. Stay informed about the race, as various factors such as weather and driver substitutions can affect the results. Embrace the excitement of the race and hopefully your bet will be a successful one!
Past Indy 500 winners
| Driver | Year |
|---|---|
| Josef Newgarden | 2024 |
| Josef Newgarden | 2023 |
| Marcus Ericsson | 2022 |
| Helio Castroneves | 2021 |
| Takuma Sato | 2020 |
| Simon Pagenaud | 2019 |
| Will Power | 2018 |
| Takuma Sato | 2017 |
| Alexander Rossi | 2016 |
| Juan Pablo Montoya | 2015 |
| Ryan Hunter-Reay | 2014 |
Motorsports betting odds pages
| NASCAR Cup Series Odds | Indy 500 Odds |
| F1 Driver/Constructor Series Championship Odds | Monaco Grand Prix Odds |
Indy 500 FAQs
What is the date of the 2025 Indy 500?
The Indy 500 in 2025 is scheduled for May 25th.
Can you tell me the location of the Indy 500?
The event takes place each year at the Indianapolis Motor Speedway in Speedway, Ind.
Which driver emerged victorious in the 2024 Indianapolis 500?
Josef Newgarden claimed victory in the 2024 Indy 500 by passing Pato O’Ward on the final lap, making him just the fourth driver ever to win the race with a last-lap maneuver. This win also marked Newgarden’s second consecutive victory at the prestigious event, making him the sixth driver in history to achieve back-to-back wins and the first since Helio Castroneves accomplished the feat in 2001-2002.
What is the reason behind the Indy 500 winner drinking milk?
The tradition began in 1933 when Louis Meyer, after winning his second Indy 500 race, asked for a glass of buttermilk. He repeated this act after his third win in 1936, and a photo captured him drinking from the milk bottle while holding up three fingers to represent his third victory.
A local dairy company, not realizing Meyer was drinking buttermilk, started offering a bottle of milk to the winners of future races. Milk has been given to the winners every year since, with the exception of 1947 to 1955.
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