Indianapolis 500 2015: Betting Odds & Race Favorites

Juan Pablo Montoya is considered a favorite for the 2015 Indianapolis 500. (Getty)

The 99th Indianapolis 500 is set for Sunday, May 24, and the early odds are out.

Three-time winner Helio Castroneves and Juan Pablo Montoya, the 2000 race victor, are the favorites with 11/2 odds.

Just behind them are Scott Dixon and Tony Kanaan, who are both at 6/1. Kanaan won at Indy in 2013, Dixon in 2008.

Last year’s champion, Ryan Hunter-Reay, has 14/1 odds to win.

Time trials and pole day will be May 16-17.

The below race odds were provided by sportsbooks monitored by OddsShark.com and are subject to change.

Odds to Win the Indy 500

Helio Castroneves #3 … 11/2
Juan Pablo Montoya #2 … 11/2
Scott Dixon #9 … 6/1
Tony Kanaan #10 … 6/1
Will Power #1 … 13/2
Marco Andretti #27 … 9/1
Ed Carpenter #20 … 10/1
Simon Pagenaud #22 … 10/1
Ryan Hunter-Reay #28 … 14/1
Carlos Munoz #26 … 20/1
Josef Newgarden #21 … 25/1
J.R. Hildebrand #6 … 28/1
James Hinchcliffe #5 … 28/1
Sage Karam #8 … 33/1
Graham Rahal #15 … 50/1
Oriol Servia #32 … 50/1
Sebastien Bourdais #11 … 50/1
Simona De Silvestro #29 … 50/1
Jack Hawksworth #41 … 66/1
Justin Wilson #25 … 66/1
Takuma Sato #14 … 66/1
Alex Tagliani #48 … 75/1
Carlos Huertas #18 … 100/1
Charlie Kimball #83 … 100/1
James Jakes #7 … 100/1
Sebastian Saavedra #17 … 100/1
Townsend Bell #24 … 100/1
Bryan Clauson #88 … 150/1
Buddy Lazier #91 … 150/1
Conor Daly #43 … 150/1
Francesco Dracone #19 … 150/1
Gabby Chaves #98 … 150/1
Pippa Mann #63 … 150/1
Stefano Coletti #4 … 150/1