Bet the Indianapolis 500 at betED.com

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May 21, 2009

Bet the Indianapolis 500 at betED.com

The 93rd Indianapolis 500 ? "The Greatest Spectacle in Racing" ? takes place this weekend and betED.com has Auto Racing betting odds for all 33 drivers.

Two-time winner Helio Castroneves is a +325 favorite to win Sunday?s race at Indianapolis Motor Speedway (1:11 pm ET, ABC).

Defending Indy 500 champion Scott Dixon, who dominated the 2008 race, leading 115 of the 200 laps, isn?t far back at +375 in Indianapolis 500 betting odds.

Dario Franchitti, who won the 2007 Indianapolis 500, rounds out the top three favorites at +675.

Castroneves will start on the pole for the third time after recording the fastest qualifying speed at 224.864 m.p.h.

The 2001 and 2002 Indy 500 champion rejoined Team Penske last month after being acquitted of federal tax evasion charges.

Dixon, who races with Target Chip Ganassi Racing, took over the IndyCar points lead with his victory in the 2008 Indy 500 and went on to win his first IndyCar championship last year.

Franchitti qualified on the outside of the front row this year ? the same position he started when he won in 2007.

With more than 250,000 in attendance, the Indianapolis 500 is the largest single-day sporting event in the world.

The driver who emerges victorious after the 200 laps around the historic 2.5-mile speedway will win prize money of $2.5 million, as well as the famed Borg-Warner Trophy.

Indianapolis Motor Speedway is in the midst of a three-year centennial anniversary celebration. Even though the track opened in 1909, the first Indianapolis 500, initially named the "International Sweepstakes," was not held until two years later.

Ray Harroun won the inaugural 500-mile race at Indianapolis on May 30, 1911. Harroun averaged 74.602 m.p.h. in his Marmon "Wasp" and collected $14,250 for the win.

Since then, the Indy 500 has been an annual Memorial Day weekend tradition, with the exception of 1917-18 (World War I) and 1942-45 (World War II).

Al Unser, A.J. Foyt and Rick Mears share the record for most Indy 500 wins with four each.

Check out betED.com for a full list of drivers and odds.
 
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