How To Bet On The 2023 Indy 500 From Canada

It’s race day! The Indianapolis 500 is a race that is steeped in tradition and is well known across North America as The Greatest Spectacle in Racing. The 2023 edition of the Indy 500 is set to take place this coming Sunday and I can already feel the anticipation.

The race will be broadcast on TSN from 11am to 4pm EST today (Sunday May 28th), here in Canada.

On this page I will outline the best sportsbook for Canadians looking to bet on the Indy 500, the odds for the race (these are subject to change) and provide a simple 3 step guide to betting on the race.

Where To Bet On The Indy 500 From Canada

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SportsInteraction.com is our top rated betting site for Canadians. I will take a look at the SIA odds for the race below and also use them for our step by step how to bet tutorial at the bottom of the page. Here’s our full SIA review.

Indy 500 Winner Odds

Here’s a screenshot of the odds to win the 2023 Indy 500 from SportsInteraction.com. These odds were taken the morning of the race. To see the full current odds you should go to SIA and select ‘Motor Racing’ -> ‘IRL’ in the left sidebar of the sportsbook.

These are the odds for the 18 drivers with 39/1 or better odds. To see the full list of odds head to SportsInteraction.com.

Alex Palou is the favourite heading into the race. He will have pole position to start the race after winning the qualifying. Pato O’Ward, Scott Dixon and Takuma Sato are the other three top contenders with odds of 8-1 or shorter.

Bet On The Indy 500 From Canada – How To Guide

Follow these three steps to get your bets placed on the Indy 500 within minutes.

Step 1. Open a SportsInteraction.com Account

Follow the above link, click the ‘Open Account’ button and fill out the registration form to open your Sports Interaction account.

Step 2. Deposit

Once logged into your account click on the ‘Deposit’ button in the top right corner of the screen and follow the instructions to fund your account.

SIA accepts Visa, MasterCard, Interac, iDebit, paysafecard and more.

You will notice that all of the deposit/withdrawal methods are geared towards Canadians so it’s very easy to get money into and out of the site if you have a Canadian bank account.

Step 3. Place Your Indianapolis 500 Bets

Click on ‘Sports’ in the top navigation bar, open the ‘Motor Racing’ drop down menu and select ‘IRL’ to bring up the Indy 500 betting lines.

Select the bet you want to make and then enter the bet amount on the Bet Card in the right sidebar. Select ‘Place Bet’ to make your wager.

Here’s a screenshot with some arrows showing the clicks you would need to make to place a bet on Alex Palou. **The odds in the below screenshot are from Wednesday of race week.