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:

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

Tap for Promo Activated! Visit site

Used 38 Times Today

Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in OH. In partnership with MGM Northfield Park. Gambling problem? Call 1-800-GAMBLER. Visit BetMGM.com for T&Cs. US promotional offers not available in NY, NV, or Puerto Rico.

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

Tap for Promo Activated! Visit site

Used 26 Times Today

Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in OH. In partnership with MGM Northfield Park. Gambling problem? Call 1-800-GAMBLER. Visit BetMGM.com for T&Cs. US promotional offers not available in NY, NV, or Puerto Rico.

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

Tap for Promo Activated! Visit site

Used 26 Times Today

Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in OH. In partnership with MGM Northfield Park. Gambling problem? Call 1-800-GAMBLER. Visit BetMGM.com for T&Cs. US promotional offers not available in NY, NV, or Puerto Rico.

First Bet Safety Net Up To $1,000

Tap for Promo Activated! Visit site

Used 53 Times Today

Deposit required. Paid in Bonus Bets. Bets wager excluded from returns. New Customer only. Must be 21+ and present in OH. T&Cs apply. Gambling Problem? Call 1-800-GAMBLER.

Bet $5, Get $150 in Bonus Bets

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Used 35 Times Today

Must be 21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER.

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

Tap for Promo Activated! Visit site

Used 72 Times Today

OH only. 21+. New users and first wager only. Must register with eligible promo code. Bet amount of qualifying wager returned only if wager is settled as a loss. Maximum bet credit $1,000; must be used within 14 days of receipt. See Caesars.com/promos for full terms. Void where prohibited. Know When To Stop Before You Start.® Gambling problem? Call 1-800-GAMBLER

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

Tap for Promo Activated! Visit site

Used 46 Times Today

Bonus Bets Expire in 7 Days. One New Customer Offer Only. Must be 21+ to participate & present in OH. In partnership with MGM Northfield Park. Gambling problem? Call 1-800-GAMBLER. 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

Tap for Promo Activated! Visit site

Used 36 Times Today

Must be 21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER.

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

Tap for Promo Activated! Visit site

Used 70 Times Today

Must be 21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER.