Though he qualified sixth for the 109th Indianapolis 500 presented by Gainbridge on May 25, betting odds from FanDuel and DraftKings still peg NTT INDYCAR Series dominator Alex Palou as the favorite at +550 average odds after Sunday's qualifications.

Last year's Indy 500 runner-up finisher and Arrow McLaren superstar Pato O’Ward follows at average of +650 while, Josef Newgarden, the reigning two-time winner, sits at +750. Kyle Larson, who started the week fourth among oddsmakers, has dropped to the 10th-best odds with an average of 1700.

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Surprise rookie polesitter Robert Shwartzman leapfrogged from the dead-last among oddsmakers to ninth after stunning the competition in qualifying. DraftKings has Shwartzman ranked third at +650 while Fanduel has him tied for 14th at +2500.

Wondering what you’d win? For a $100 bet at odds like Palou’s +500 on DraftKings, multiply your wager ($100) by the odds divided by 100 (500 ÷ 100 = 5) to get $500 profit. Add your $100 wager, and your total reward is $600 if he wins. For Larson’s +1600 at Fanduel, you’d get $1,700 ($1,600 profit + $100).

Mid-tier contenders include six-time IndyCar champ Scott Dixon, 2024 Indy 500 polesitter Scott McLaughlin and Will Power. Despite qualifying on the front row, Takuma Sato has the eighth-best odds. Four-time Indy 500 winner Helio Castroneves is a longshot at +3000.

Bettors should compare sportsbooks for the best value, as odds fluctuate through May 25's Indy 500 race day. Always verify odds and bet responsibly, using tools like 1-800-GAMBLER for support.

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(Odds as of Monday, May 19 at midnight ET)