Pictured: A fan looks on prior to the 107th Running of the Indianapolis 500 Photo by James Gilbert/Getty Images.

2024 Indy 500 odds: Kyle Larson among favorites

Originally posted on Action Network | By PJ Walsh | Last updated 5/13/24

The month of May has officially arrived, meaning the motorsports world is turning its attention to Indianapolis Motor Speedway for the next couple of weeks.

While the race won't take place until Sunday, May 26, Indy 500 odds are open and available for betting ahead of the 108th running of "The Greatest Spectacle in Racing."

Below is an updated list of Indy 500 odds from DraftKings before cars hit the track for practice and qualifying beginning on Tuesday.

2024 Indy 500 Odds

*Odds as of May 13

Alex Palou: +400
Kyle Larson: +650
Pato O'Ward: +700
Josef Newgarden: +900
Scott Dixon: +1000
Will Power: +1200
Scott McLaughlin: +1200
Marcus Ericsson: +1500
Alexander Rossi: +1600
Felix Rosenqvist: +1800
Santino Ferrucci: +2000
Kyle Kirkwood: +2000
Colton Herta: +2000
Rinus Veekay: +2200
Linus Lundqvist: +2500
Takuma Sato: +3000
Conor Daly: +3500
Helio Castroneves: +4000
Graham Rahal: +4000
Christian Lundgaard: +4000
Callum Ilott: +4000
Marcus Armstrong: +5000
Ed Carpenter: +5000
Marco Andretti: +6000
Romain Grosjean: +6000
Ryan Hunter-Reay: +7000
Pietro Fittipaldi: +10000
Tom Blomqvist: +15000
Nolan Siegel: +15000
Kyffin Simpson: +20000
Sting Ray Robb: +20000
Christian Rasmussen: +20000
Agustin Canapino: +20000
Katherine Legge: +30000

A big storyline heading into the 2024 Indy 500 is NASCAR's Kyle Larson attempting "the double."

This is a reference to drivers who race in the Indy 500 – and then fly immediately to Charlotte to race in NASCAR's Coca-Cola 600 that night.

While Larson is considered one of the most talented drivers in the world, this will be his first-ever IndyCar start, so some may be surprised to see him so high up the Indy 500 odds board.

Just Alex Palou (+400) is currently shorter than Larson (+650) to win the Indy 500, with heavy hitters such as Josef Newgarden (last year's winner) and Scott Dixon listed at +900 and +1000, respectively.

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