Veteran driver Alex Palou is chasing his debut Indianapolis 500 victory despite already securing three IndyCar Series championships. Having recorded four top-10 finishes at this prestigious race, he came in fifth last year while Josef Newgarden celebrated his second consecutive win. Palou is on the lookout to continue his momentum from a victory at the recent Sonsio Grand Prix on May 10, as he prepares for the Indianapolis 500 - set to kick off at 12:45 p.m. ET on Sunday.

In the latest odds from DraftKings Sportsbook, Pato O’Ward leads at +500, followed closely by Palou at +550, Scott Dixon at +650, and Robert Schwartzman at +800. Before placing your 2025 Indianapolis 500 bets, make sure to check out what auto racing insider Steven Taranto suggests. Taranto is a seasoned expert in NASCAR with a background in sim racing, where he has achieved 20 career wins in iRacing.

In 2024, Taranto successfully predicted 17 winners, including longshots, earning stellar returns for his followers. Now he has analyzed the lineup for the upcoming 2025 Indianapolis 500, including circumstances surrounding Josef Newgarden who remains a talented driver despite the surrounding scandals affecting his team.

Top Picks: Taranto has a strong preference for Newgarden, who is positioned at +1000 in the odds and is making strides for his third consecutive win.

Top Prop Picks for the Indianapolis 500

Taranto supports Christian Lundgaard (+105) over David Malukas (-135) to finish higher. Lundgaard has been performing well with four top-10 finishes and is currently ranked third in the series.

Predictions for the Indianapolis 500

Taranto has identified several promising drivers for the 2025 event, including a significant longshot valued at nearly 80-1, which could lead to impressive winnings for backers.

To see the complete lineup and odds for the 2025 Indianapolis 500, click here.