When looking to bet on IndyCar races, it’s crucial to know what you’re doing. Just like betting any other sport, the research that goes into it should be equal to or exceed the amount of time looking at and deciding on what you want to bet.
IndyCar betting is a lot like betting on other styles and types of racing, so if you have prior experience betting on F1 or NASCAR, IndyCar betting should be relatively easy and quick to pick up.
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How to Bet on IndyCar
There are many different types of bets you can make when betting on IndyCar races. The most simple of them is simply betting on the race winner or who you think will win the race.
Similar to F1, you can also bet on which drivers you think will have a podium finish; or finish in the top three. This is a bit easier than picking one driver out of the entire field to win, as the driver could finish second or third and still win the bet. However, since it’s a tad bit safer of a bet, the Indycar odds compared to picking the race winner won’t be as lucrative.
Another type of bet you can make is which driver will have the fastest lap. This is exactly what it sounds like. The glory of this type of bet is that it can come from any driver at any given time. That driver wouldn’t have to win or even place in a certain threshold. Theoretically, a driver that crashes out could still finish the race with the fastest lap time if he had a good car that day.
Similarly, you can bet the winner of the Indycar pole position, a.k.a the driver who finishes with the best qualifying time and gets to start the race in first place. In qualifying, each driver gets a turn to drive the track one-by-one in an attempt to post the best times.
Another simple type of bet is a driver-matchup bet. Sportsbooks will release odds pitting one driver against the other. For example, Alex Palou vs Scott Dixon. The oddsmakers would label one of them the favorite identified by a minus sign and one of them an underdog, identified by a plus sign. To win this bet, you would simply have to take the driver you think will have a better finishing position. The exact place they finish is irrelevant. If you took Scott Dixon, he would have to have a better final position than Palou.
Prop bets have increased in popularity. Props you’ll likely see will include winning margin and even the over/under on the amount of caution flags there are throughout a race. Futures are considered long-term bets, typically season long, such as who will win the IndyCar series. You can make one or multiple bets at the beginning of the season, while some futures stay on the board and update after every race.
Tips, Tricks And Advice For IndyCar Betting
As always, do your research. Picking IndyCar is far from easy, as different factors come into play week to week. There’s factors such as:
One tip for IndyCar betting is that you can take more than one driver to win. While all of your bets won’t be able to win in that instance, it’s sometimes good to have a small handful of possible winners. If you took a driver at +600, another at +800 and another at +1100, one of those drivers winning would cover the other two losing tickets.
Betting on racing is exciting. Period. It’s why the Romans would gather at the colosseum and watch the chariot races. There were almost certainly bets between the spectators being made, as gamling is one of the oldest forms of entertainment. It’s already been said, but the research is key. The more you put into it, the more you’ll likely get out of it.
IndyCar racing is the highest class of North American open-wheel single-seater formula racing cars in the United States. Over 11 countries are represented through the sport. The cars are very similar to F1 cars. One of the main differences between the two sports is the fact that F1 does not race on oval tracks, whereas IndyCar includes oval racing, as well as road course and street circuits.
Another difference is that the F1 cars have a faster cornering speed due to the extra downforce. However, the Indy cars are able to go a bit faster, as they’re able to take advantage of the occasional straightaway on oval courses where we see the cars reach up to 230 mph.
In fact, it’s arguable that IndyCar’s biggest attraction is its oval race, the annual Indy 500 held at Indianapolis Motorspeedway, which is also where the IndyCar series got its start. In 1996, Tony George, then owner of Indianapolis Motorspeedway, founded INDYCAR LLC. Though, the Indy 500’s roots go all the way back to 1911. The name “IndyCar Series” was officially adopted in 2003.