Indianapolis, IN
Way Too Early 2025 Indianapolis 500 Odds and Best Bets

We’re still four months away from the Greatest Spectacle in racing. The 109th running of the Indianapolis 500 presented by Gainbridge, but it’s never too early to start dreaming of the Indianapolis 500. Josef Newgarden has won the last two runnings of the race, and to no surprise, he’s the favorite for the 2025 edition. Let’s dive in and take a look at the way too early 2025 Indianapolis 500 odds and some of the best bets to make today.
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As mentioned in the open, Newgarden has won back-to-back Indianapolis 500s for The Captain Roger Penske. Marcus Ericsson, Hélio Castroneves, and Takuma Sato round out the winners of the last five races. NASCAR’s Kyle Larson will once again attempt “the double” racing in the Indianapolis 500 then fly to Charlotte, North Carolina to compete in the Coca-Cola 600 at Charlotte Motor Speedway. His attempt last year was thwarted by rain affecting both races. He was running in the top five late in the race before a speeding penalty on pit road put him out of contention.
Way Too Early 2025 Indianapolis 500 Odds
Josef Newgarden +650
Pato O’Ward +700
Kyle Larson +850
Scott McLaughlin +950
Alex Palou +1000
Scott Dixon +1000
Will Power +1200
Alexander Rossi +1200
Colton Herta +1400
Santonio Ferrucci +1400
David Malukas +1800
Hélio Castroneves +2000
Kyle Kirkwood +2000
Marcus Ericsson +2000
Takuma Sato +2200
Connor Daly +2500
Felix Rosenqvist +3000
Ed Carpenter +3500
Rinus Veekay +3500
Christian Lunngaard +4000
Graham Rahal +4500
Ryan Hunter-Reay +5000
Marcus Armstrong +6500
Marco Andretti +6500
Jack Harvey +7500
Christian Rasmussen +7500
Callum Ilott +7500
Kyffin Simpson +15000
Nolan Siegel +15000
Robert Shwartzman +15000
Devlin DeFrancesco +17500
Sting Ray Robb +20000
Louis Foster +25000
Jacob Abel +25000
Way Too Early 2025 Indianapolis 500 Odds and Best Bets
The Favorites
It’s no surprise that Newgarden is the favorite after winning back-to-back 500s in addition to being known as the “oval king” in IndyCar. Pato O’Ward has finished second in two of the last three runnings of the race and top six in four of his five starts in the race. Kyle Larson is widely considered one of the best race car drivers in the world and stood up to the test last year until the late penalty. He checks in third on the list and will no doubt be in contention.
Scott McLaughlin was last year’s pole-sitter. His sixth-place finish was the best of his career in four starts. 14th was his previous best finish. Alex Palou, the champion of the NTT Data IndyCar Series in back-to-back seasons checks in at 10/1. Palou finished fifth in 2024, his third top-five in the last four stars. Scott Dixon is a perennial contender in the race, 2025 will be his 23rd attempt at the Indy 500. Dixon won in 2008 and has nine top-five finishes in the race.
Notable Drivers
Will Power is the 2018 winner of the race, he makes his 18th career start in 2025. He hasn’t finished better than 14th in the last five races. Alexander Rossi has three straight top five finishes in the race and is the 2016 winner. Colton Herta only has two top 10 finishes in six starts. Santonio Ferrucci has never finished outside of the top 10 in all six career starts.
Hélio Castroneves is one of four drivers to win the race four times. He’ll make his first start in NASCAR’s Daytona 500 in February and returns to Indy for his 25th start in 2025. Marcus Ericsson wrecked out early in last year’s race but won the 2022 running, and finished second in 2023 despite leading with just a lap to go. Takuma Sato is a two-time winner of the race. Ryan Hunter-Reay won the 2014 running.
Best Bets
Scott Dixon (+1000)
You can make a plenty strong enough case for anyone at the top of the board, but Dixon is the first one who I’d want to bet on today. As the race gets close, that’ll be the time to look at the drivers who are atop the odds board more. The “Iceman” has 22 starts in this race. He’s sat on the pole five times. Has nine top-five finishes, 14 top 10 finishes, and won it all in 2008.
The Chip Ganassi driver has three top-three finishes in the last seven years and let one slip away in 2022 after winning the pole and leading 95 laps he was well on his way to a second Borg-Warner Trophy before a 1-mph speeding penalty cost him the victory. At 44 years old, Dixon still has plenty of winning ability, having won twice in the 2024 NTT Data IndyCar Series. He’s back with Chip Ganassi for another full-time season, and Dixon will be a player in the race. I don’t see his odds getting any better before May.
Marcus Ericsson (+2000)
Ericsson had a 2024 to forget, in just about every conceivable way. His transition from Ganassi over to Andretti Global was disastrous. He hardly even qualified for the Indy 500, starting in 32nd. He didn’t even complete a single lap in the race, being involved in a lap one wreck. There’s no doubt the 34-year-old Swede wants to just delete the season from memory.
Coming into 2025 Ericsson is “pissed off” and that’s what you want to see in a driver you are betting on. If they can get things figured out and going in the right direction to start 2025. He was a decision for a 1-lap shootout away from winning the race back-to-back in 2022 and 2023. Give me a driver like that, still in a good car at 20/1.
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Indianapolis, IN
Colts’ Chris Ballard: Daniel Jones has ‘really bright future in Indianapolis’
INDIANAPOLIS – Confidence remains high.
Carlie Irsay-Gordon made that clear Sunday night when she announced the Indianapolis Colts would move forward under the direction of general manager Chris Ballard and coach Shane Steichen.
And Ballard reinforced that conviction during Thursday’s postscript following an 8-9 record and fifth consecutive season without a playoff appearance.
“It wasn’t all negative,’’ he insisted. “I mean, 8-2 is real.
“That was not a mirage. It wasn’t. We were humming. We were playing good football.’’
After outlasting the Atlanta Falcons in overtime in Berlin Nov. 9, the Colts returned home 8-2.
“I mean, I would have told you when we got back from Germany . . . we had a top-four team in the league,’’ Ballard said. “I believe that. Still believe that.
“But losing seven in a row is losing seven in a row. That’s not what top-four teams do. And that’s reality. That’s the facts.’’
Here’s another undeniable fact: The Colts’ confidence moving forward is rooted in Daniel Jones.

Simple as that.
Yes, the edge pass rush wasn’t nearly good enough and a legitimate bookend for Laiatu Latu is critical. A free-agent acquisition should be a priority.
Yes, the defense must, as Ballard stressed, get younger and faster. The 2026 front-seven won’t resemble the 2025 front-seven.
And yes, the Colts must be able to run the ball better even when situations aren’t favorable. During the seven-game losing streak, which was fueled by injuries to Jones, Jonathan Taylor averaged 63.7 yards per game and 3.3 per attempt.
But if Jones isn’t the answer, nothing much else matters.
There are two significant issues with Jones that would be major impediments to a continued relationship in any other scenario.
Jones:
- Will be an unrestricted free agent in March.
- Tore his right Achilles Dec. 7, underwent surgery Dec. 9 and faces an arduous rehab. He expects to be ready for the start of training camp in late July. That would represent an 8½-month rehab.
“We’ll attack the process and make sure I’m ready to go,’’ Jones said Monday.
“I’m not a doctor and I’m not God in terms of knowing what the future is going to hold in his healing,’’ Ballard said. “ . . . the history of guys coming back has been pretty good and they’ve been older than Daniel.
“He’s a pretty freaky talent in terms of athletic ability. So no, I do feel confident that he will make it back. Will he be the version you saw (last season) right away? Maybe not, but he’s still going to be really good. I think as he goes along and plays, he’ll be fine.
“I know . . . he’s going to give every ounce of his being into being the best he can be to be ready.’’
But first things first, and that means signing him to an extension.
At the risk of assuming too much, that almost assuredly will be done.
“I’d love to be back here,’’ Jones said.
The feeling is mutual.
Ballard was asked if the Colts were committed to retaining Jones “come hell or high water.’’
He smiled.
“Well, hell or high water is a strong word, but we would like . . . it’s mutual on both sides,’’ he said. “I think Daniel was a really good fit for this organization and I think this organization and city were a really good fit for Daniel.’’
A multi-year deal could mirror that of contracts secured by Sam Darnold in Seattle (three-years, $100.5 million, $55 million guaranteed) or Baker Mayfield in Tampa Bay (three years, $100 million, $50 million guaranteed).
Ballard admitted Jones’ Achilles injury and rehab will impact negotiations, “but we’ll work through that with his agent. He’s got a really good agent.
“We’ll find a way to work through that.’’
If common ground can’t be reached – that probably means guaranteed money – the Colts always could use the franchise tag to retain Jones. The projected 2026 tag for quarterbacks is roughly $46 million guaranteed.
Jones turns 29 in May, which can be the midpoint of a quarterback’s career.
A reinvestment in Jones will represent short- and long-term stability at a position that’s been in flux since Andrew Luck’s sudden retirement two weeks before the 2019 season.
“I’m looking at him both: Near and long,’’ Ballard said. “And I think that helps us. I mean, I’ve been very stated about like when you’re chasing the quarterback all the time, it makes it very . . . it’s hard. Like, your margin for error really shrinks down.
“And I feel very good about Daniel Jones and where he’s at, where he’s going. Yes, he’s got the Achilles, but I think Daniel Jones has got a really bright future here in Indianapolis. And look, there is some comfort knowing that, okay, we know we’ve got a guy that’s proven, that’s done it, and done some really good things.
“So, that does give you some confidence.’’
Until Jones fractured his left fibula then tore his right Achilles, he had distanced himself from his inconsistent and error-prone six seasons with the New York Giants. You remember, right? One playoff appearance was overshadowed by a 24-44-1 record as a starter and 70 turnovers.
Through the Colts’ 8-2 start, Jones was among the NFL’s most productive and efficient quarterbacks: 3rd in yards (2,659) and completion percentage (69.9) and 5thin yards per attempt (8.3). He joined Peyton Manning as the only player in franchise history to pass for at least 200 yards in each of his first 10 starts.
Jones completed 68% of his passes, averaged 8.1 per attempt and finished with a 100.2 rating. All were career highs.
“I’ll give Shane and the offensive staff a lot of credit,’’ Ballard said, “playing to his strength. He is really accurate with the football, okay, and he’s very smart and decisive of where he plays with the football.’’
What about Richardson?
The team’s undeniable commitment to Jones brings into question Anthony Richardson Sr.’s future with the Colts. He’s under contract through next season – there’s no reason to believe the team will exercise his fifth-year option – and finished the season on the injured reserve.

Richardson underwent surgery to repair a fractured right orbital bone after a freak accident with a resistance band before the Oct. 12 game with Arizona.
“Unfortunately for Anthony, he’s had some really bad luck,’’ Ballard said.
The No. 4 overall pick in 2023 has missed 29 of a possible 51 games because of a variety of injuries.
Richardson lost a training camp competition with Jones and was on the field for just 14 snaps in two games. He practiced the last three weeks but still was experiencing some degree of vision issues.
“He’s got to still work through the vision he has and we’ll see what the future holds there,’’ Ballard said. “We’ll kind of see going forward how that ends up playing out.
“A lot of it’s going to deal with his health, too.’’
Acquiring a late-round pick in a trade for Richardson shouldn’t be ruled out.
He is confident he’ll experience success.
“Oh yeah, no doubt,’’ he said. “If I’ve still got a chance to play football, it is always out there for me.’’
The Colts could consider Richardson expendable after seeing Riley Leonard play reasonably well as a rookie. If there is a concern that Jones won’t be ready for the season opener in September, they could bring in a veteran with starter experience in the offseason.
“Yeah, we’ll work through that,’’ Ballard said. “That is something we will evaluate. We got to make the decision. ‘Okay, if Anthony doesn’t get to where we think he can be, can Riley be the 2?’
“I do think it’s a position that every year we’ve got to address in some way, fashion or form.’’
You can follow Mike Chappell on Twitter at @mchappell51.
Indianapolis, IN
Indianapolis Sports Calendar 2026: Final Four, Indy 500 & More
Indianapolis, IN
How frequent are 60-degree days in January for Indianapolis?
INDIANAPOLIS (WISH) — Indianapolis will challenge 60 degrees multiple times to close this week. How frequent are 60-degree days in the month of January?
Over the last 5 years, Indianapolis has hit 60 degrees in January only twice. Bloomington did it four times in this same stretch.
Our last time hitting the 60-degree threshold in this month was in January 2023 in Indy. Temperature records for the city have been kept since 1872. On average, Indianapolis has around one day of making it to 60 degrees in January since record keeping began.
1880 is the year with the most January 60 degrees or higher days on record at 8 days. In 2017, Indianapolis had 4 days make it to the threshold. This is the last time we had multiple days in the 60s in January.
For the latest 7-day forecast, visit our weather blog by clicking here.
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