The 2026 Indianapolis 500 will be held on Sunday at Indianapolis Motor Speedway, and it's a great time to check out the more than $5,000 in available bonuses from some of the best betting apps. Alex Palou has won 11 of the last 23 races in IndyCar dating back to the start of last season, and he's the +250 favorite in the 2026 Indy 500 betting odds after winning the pole last weekend. Palou won the Indy 500 last year and can become the sixth driver in history to win this race in back-to-back seasons. He's followed on the Indianapolis 500 odds board by Pato O'Ward (+650) and Conor Daly (+750). New FanDuel users can get $150 in bonus bets if their first wager of $5 or more wins here:
At DraftKings, new users get $100 in bonus bets instantly after their first $5 wager:
Indy 500 promo codes can help you get the most bang for your buck. The 2026 Indianapolis 500 begins on Sunday at 12:45 p.m. ET, leaving you plenty of time to use the best sportsbook promo codes to boost your bankroll by more than $5,000 for motor sports betting.
On this page, you'll find detailed sign-up instructions for the best sports betting apps in the industry. We've examined everything so you can decide which online sportsbooks to use to wager on the 2026 Indy 500 at Indianapolis Motor Speedway.
Indy 500 betting promos and bonus offers
| Promo | CBS promo code |
10x$100 Bet Match in FanCash OR 100% Profit Boost Token for 5 days | ||
FanDuel Sportsbook: Bet $5, get $150 in bonus bets if your first $5 bet wins
The FanDuel promo code offer doesn't require a code; however, new users must meet the legal age requirement in a state where FanDuel operates legitimately. Here's how to sign up for one of the largest betting sites
How does the FanDuel promo code work?
- Click "Claim Bonus" on this page, or simply click here.
- Start an account by providing the requested information, including your email, name, and payment details
- Deposit at least $5 and place a bet of $5 or more. There are no minimum odds requirement. Just bet.
If your first bet settles as a win, FanDuel will credit your account with $150 in bonus bets within 72 hours of the original bet settlement. You'll then be able to use your bonus bets in whatever increments you like, but bonus bets expire following seven days. Bonus bets can't be cashed out or withdrawn, and if you submit a bet using bonus funds, you'll get the winnings but not the stake.
DraftKings Sportsbook: Bet $5, get $100 in bonus bets instantly after your first $5 wager
No code is required for the DraftKings promo code, but users have to be of legal age in a state where DraftKings legitimately operates. You must also be a new user at the sportsbook to qualify, meaning you could not have previously signed up for a DraftKings account. Here's how to sign up for one of the top betting sites.
How does the DraftKings promo code work?
- Select "Claim Bonus" on this page, or click here.
- Create a DraftKings Sportsbook account by entering all required information, including name, email and the last four digits of your Social Security number.
- Agree to DraftKings' terms and conditions.
- Make an initial deposit of $5 or more
- Place a first bet of at least $5 with odds of -500 or shorter and collect your $100 instantly.
You will receive your bonus bets in the form of four $25 slips within 72 hours of your qualifying wager settling as a win. Bonus bets are valid for seven days after they are received. They hold no cash value. Payouts from bonus bets are transferred to the user's cash balance and do not include the bonus bet stake.
Get started at DraftKings here:
Fanatics Sportsbook: 10x$100 Bet Match in FanCash OR 100% Profit Boost Token for 5 days
The latest Fanatics Sportsbook promo code CBSFAN allows new users to get 10 bet matches up to $100 each over 10 days or a 100+ profit boost token for five days. Users receive their stake, up to $100, back in FanCash if your bet loses for each of the first 10 days. This promotion is available to eligible users in states where Fanatics Sportsbook legally operates (except New York).
How does the Fanatics Sportsbook promo code work?
- Download the Fanatics Sportsbook mobile app
- Register an account, filling out information such as email, birth date and the last four digits of your social security number
- When prompted, enter promo code CBSFAN
- Enable geolocation services on your mobile phone
- Agree to the Fanatics Sportsbook terms and conditions
- Deposit a minimum of $10 and claim the eligible promotion
- Place a wager of up to $100, and receive your stake back in FanCash if it loses
- Repeat for 10 days for a maximum of $1,000 in FanCash
Get started at Fanatics Sportsbook here:
BetMGM Sportsbook: Get up to $1,500 in bonus bets if your first bet loses
The latest BetMGM bonus code CBSSPORTS awards new users up to $1,500 back in bonus bets if their first bet loses. BetMGM users in New Jersey, West Virginia, Pennsylvania or Michigan can get a different promotion and receive $150 in bonus bets if they win their first bet of $10 or more.
How does the BetMGM bonus code work?
- Those interested can click the CLAIM BONUS button on this page to navigate to BetMGM Sportsbook or click here
- After downloading the app, click the SIGN UP button.
- Begin creating a BetMGM Sportsbook account. Use promo code CBSSPORTS during sign-up to lock up to $1,500 in bonus bets if your first wager loses.
- Allow BetMGM Sportsbook to use your location. You must be physically located in a legal sports betting state to bet.
- Users must deposit $10 or more.
- If the first qualifying bet wins, you get paid in cash. If it loses, you will get the amount you wagered in bonus bets, up to $1,500.
Caesars Sportsbook: Bet $1, double your winnings on next 10 bets
The Caesars Sportsbook promo code CBSDYW allows new users to bet $1 and double their winnings on their next 10 wagers.
How does the Caesars Sportsbook promo code work?
- Click "Claim Bonus" on this page to begin the signup process or click here.
- When prompted, enter the promo code "CBSDYW".
- Register for a new Caesars Sportsbook account by creating a username and password.
- Make a first deposit of at least $10.
- Place your first bet of at least $1 and get 10 100% profit boosts.
bet365 Sportsbook: Bet $10, get $200 instantly
The bet365 bonus code offers new users $200 in bonus bets with a $10+ bet, whether the bet wins or loses. For those who haven't used bet365 and want $365 in bonus bets, follow these steps below.
How does the bet365 bonus code work?
- Click "CLAIM BONUS" on this page or click here.
- Sign up for a bet365 account.
- Make a first deposit of $10+.
- Place a first wager of at least $10 on anything.
After making that first wager with the bet365 bonus code, new bettors will be given $200 in bonus bets regardless of whether the bet wins or loses. You can divide the $200 in bonus bets however you'd like, but note that any amount left over will expire within seven days. New bet365 users must claim the offer within 30 days of signing up for a bet365 account.
2026 Indy 500 betting preview
The last driver to win the Indy 500 two years in a row was American Josef Newgarden, who took the checkered flag at "The Brickyard" in 2023 and 2024. The 35-year-old was moved to the back of the starting grid last season because of technical infractions and wound up finishing 22nd in his quest to become the first three-peat winner of the Indy 500. He's priced at +1000 to win on Sunday despite qualifying in 23rd position.
Helio Castroneves also pulled off the double in 2001 and 2002, and the 51-year-old Brazilian is back to take another crack at becoming the first five-time winner in the history of the Indianapolis 500. He qualified 14th in his Meyer Shank Racing w/ Curb Agajanian Honda and is priced at +3000. He's also listed at +600 to finish top three if you're looking for 2026 Indy 500 props.
Chevrolets will occupy six of the top nine spots on the 2026 Indianapolis 500 starting grid, and Alexander Rossi was the best of the bunch during qualifying. He'll start second after posting a lap speed of 231.990 mph, and he previously came from 11th to win the 2016 Indy 500 as a rookie. Rossi is priced at +900 to win on Sunday. Bet on the 2026 Indianapolis 500 now at FanDuel Sportsbook, where you can get $150 in bonus bets if your first $5 wager wins:
2026 Indy 500 odds
| Driver | Odds |
| Alex Palou | +250 |
| Pato O'Ward | +650 |
| Conor Daly | +750 |
| David Malukas | +800 |
| Alexander Rossi | +900 |
| Josef Newgarden | +1000 |
| Felix Rosenqvist | +1200 |
| Santino Ferrucci | +1200 |
| Scott McLaughlin | +1200 |
| Scott Dixon | +2200 |
| Takuma Sato | +3000 |
| Helio Castroneves | +3000 |
| Christian Rasmussen | +3000 |
| Kyle Kirkwood | +3500 |
| Christian Lundgaard | +4000 |
| Marcus Ericsson | +4000 |
| Rinus Veekay | +4000 |
| Will Power | +4000 |
| Caio Collet | +5000 |
| Kyffin Simpson | +5000 |
| Ryan Hunter-Reay | +6000 |
| Marcus Armstrong | +6000 |
| Graham Rahal | +8000 |
| Ed Carpenter | +8000 |
| Romain Grosjean | +10000 |
| Nolan Siegel | +10000 |
| Dennis Hauger | +10000 |
| Louis Foster | +12500 |
| Jack Harvey | +17500 |
| Mick Schumacher | +20000 |
| Sting Ray Robb | +50000 |
| Katherine Legge | +50000 |
Responsible gaming
Responsible gaming is a serious topic, and all sportsbooks take steps to ensure users play responsibly. The top sportsbooks feature several tools and resources available on their apps and websites, including wager limits, voluntary self-exclusion options, and more. If you or someone you know is dealing with a gambling problem, please seek assistance from trained professionals such as the Problem Gambling Help Network at 1-800-MY-RESET.
