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$1,000 First Bet on Caesars

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Best Indy 500 Betting Promos Offer Bet $5, Get $150 Deal & More

Adam Martin for Bookies.com

Adam Martin  | 5 mins

Best Indy 500 Betting Promos Offer Bet $5, Get $150 Deal & More

$1,000 First Bet on Caesars

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Used 56 Times Today
Popular in Virginia
Must be 21+ to participate. T&Cs apply.

The Indianapolis 500, or more simply the Indy 500, is always one of the top sports betting events of the summer in the United States. The event takes place every Memorial Day weekend at the Indianapolis Motor Speedway in Speedway, Indiana, and this year is no different. 

A stacked 33-car field powered by some of the top IndyCar drivers in the world should be a whole lot of fun to watch – and to make it even more exciting, you can bet on the race at all the top sportsbooks and grab some great deals at the same time.

We have compiled a list of the best Indy 500 betting promos for you from the best sports betting apps in the United States. Take a look at all of the best Indy 500 betting promos below:

$1,000 First Bet on Caesars

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Used 59 Times Today
Must be 21+ to participate. T&Cs apply.

$1,000 First Bet on Caesars

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Used 77 Times Today
Must be 21+ to participate. T&Cs apply.

$1,000 First Bet on Caesars

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Used 39 Times Today
Must be 21+ to participate. T&Cs apply.

$1,000 First Bet on Caesars

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Used 68 Times Today
Must be 21+ to participate. T&Cs apply.

Bet $5, Get $150 in Bonus Bets

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Used 33 Times Today
Gambling Problem? Call 1-800-GAMBLER. Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ and present in select states. FanDuel is offering online sports wagering in Kansas under an agreement with Kansas Star Casino, LLC. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA, VT), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV).

Caesars Sportsbook Indy 500 Betting Promo

Caesars Sportsbook offers new customers a first bet worth up to $1,250. Here’s how to get the Caesars promo code:

  1. Sign up for Caesars Sportsbook via their sports betting app or website using the promo code BOOKIESFULL
  2. Make your first deposit of at least $20
  3. Get first-bet offer up to $1,250!

In other words, you can bet on anything you want at Caesars Sportsbook, and if your first bet loses, you’ll get back a bonus bet token for up to $1,250. This is a great way to bet on the Indy 500 as you can bet on any driver you think will win the race, and if they don't, you’ll get a free bet matching the value of your initial wager (up to $1,250).

$1,000 First Bet on Caesars

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Used 74 Times Today
Must be 21+ to participate. T&Cs apply.

BetMGM Sportsbook Indy 500 Betting Promo

BetMGM Sportsbook has a great offer for new customers as well, offering up a risk-free first bet of up to $1,000. Here’s how to claim the BetMGM bonus code:

  1. Sign up for BetMGM Sportsbook via their sports betting app or website and use the bonus code BOOKIES when doing so
  2. Make your first deposit of at least $10
  3. Make your first bet risk-free for up to $1,000

This means you can bet on anything you want at BetMGM Sportsbook, and if your first bet loses, you’ll get back up to $1,000 in site credits in the form of free bets. If there’s someone you like to win the Indianapolis 500, then bet on the race using the BetMGM bonus code. Just like Caesars, the value of your free bets will match the value of your losing wager (up to $1,000).

Up to $1,500 in Bonus Bets if Your First Bet Loses
Promo Code: BOOKIES

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Used 53 Times Today
Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate. Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, KY, LA, MD, MS, NC, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NY, NV, or Puerto Rico.

FanDuel Sportsbook Indy 500 Betting Promo

FanDuel Sportsbook also offers a No Sweat Bet up to $1,000. Here’s how to claim the FanDuel promo code:

  1. Sign up for FanDuel Sportsbook via their sports betting app or website
  2. Make your first deposit of at least $5
  3. Make your first bet; if it loses you'll get your stake back (up to $1,000)

You can use this promo code for this weekend’s Indy 500 race, where you can bet on the race winner, as well as the final finishing position for all of the drivers.

Bet $5, Get $150 in Bonus Bets

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Used 19 Times Today
Gambling Problem? Call 1-800-GAMBLER. Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ and present in select states. FanDuel is offering online sports wagering in Kansas under an agreement with Kansas Star Casino, LLC. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA, VT), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV).

DraftKings Sportsbook Indy 500 Betting Promo

As well, DraftKings Sportsbook has a welcome offer for new customers, with a Bet $5, Get $150 in Bonus Bets. Here’s how to get the DraftKings promo code to unlock the offer:

  1. Sign up for DraftKings Sportsbook via their sports betting app or website
  2. Make your first deposit of at least $5
  3. Make your first bet of at least $5 and get $150 in bonus bets

DraftKings Sportsbook is also taking bets on the Indianapolis 500 this weekend. At DraftKings Sportsbook, you can bet on the winner and also on any of the drivers to finish in the top three or top five. On top of that, there are also several prop bets available for the big race, which makes DraftKings Sportsbook a great way to bet on Sunday’s big event.

Bet $5, Get $200 in Bonus Bets + No Sweat NBA SGP Every Day Of The Playoffs

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Used 46 Times Today
Must be 21+ to participate. T&Cs apply.

About the Author

Adam Martin for Bookies.com
Adam Martin
A writer based out of Toronto, Adam Martin has covered professional sports, with an emphasis on sports gambling, for more than a decade, writing for such outlets as The Toronto Star and Sportsnet. He is an expert in UFC, while also covering NHL betting and the Stanley Cup.