With Memorial Day weekend comes the Indianapolis 500, one of the most famous motorsports events in the world. Last year’s winner, Josef Newgarden, will be in the No. 3 position on the starting grid for Sunday’s 12:45 p.m. ET green flag. Use the best Indy 500 betting promos to place wagers on your favorite drivers. Create accounts with one or more of the best online sportsbooks to collect bonus bets, protected first-bets and much more.

These leading sportsbook promo codes are only for new customers and can help you grab more than $6,000 in welcome offers and sports betting bonuses.

On top of the thousands of dollars in welcome offers, you can use the top sports betting apps to access other great features such as odds boosts, rewards programs and more. Before any of that, however, use the best Indy 500 betting promos and bonuses that are available ahead of Sunday’s race to register for new accounts. Read on, as our review will take you through the details.

Best Indy 500 Betting Promos & Bonuses

These best Indy 500 betting promos are only for new players. You must be at least 21 and located in a place where these legal PayPal betting sites are licensed to operate. 

Tap any of the BET NOW buttons throughout our review to register an account, make your initial deposit and place a qualifying wager with one or more of these top credit card betting sites.

BetMGM bonus code ROTOBONUS: One of the biggest races of the year warrants a big welcome bonus offer. When you use the BetMGM bonus code ROTOBONUS to register for an account, you’ll get up to $1,500 in bonus bets if your opening wager settles as a loss. If your first bet settles as a loss with BetMGM, you will get a refund, in the form of bonus bets. For first-bet losses of $50 or more, you will get five bonus bets, each worth 20% of your original wager. For initial losses of less than $50, you will get back a single matching bonus bet.

Caesars Sportsbook promo code ROTO1000: Only one racer will get to kiss the bricks at the end of the day, but you will get a second chance if your first bet doesn’t make it to the victory lane. After opening a new account with the Caesars Sportsbook promo code ROTO1000, you’ll get the first-bet offer up to $1,000. If your first bet of $10 or more settles as a loss, you will be refunded a matching bonus bet credit, up to $1,000. The First Bet on Caesars is one of the most popular offers around.

Fanatics Sportsbook promo: There are no guarantees at Indianapolis Motor Speedway, but there are for bettors who sign up at Fanatics Sportsbook. Bet and get up to $1,000 in bonus bets with the Fanatics Sportsbook promo code. Get up to $100 as a matching bonus bet each day for your first 10 days as a new customer. Whatever amount you wager as your first qualifying bet each day, win or lose, you will get that amount as a bonus bet. That gives you the potential to be awarded $1,000 in bonus bets. Just keep in mind your qualifying opening wager each of the 10 days must be on a sports betting market with odds of -200 or longer.

DraftKings promo code: Alex Palou, Kyle Larson, Pato O’Ward, and Newgarden are favorites, but it’s far too close to call. If your pick isn’t the winner, you’ll get a No Sweat Bet after you open an account using the DraftKings promo code. If your opening wager settles as a loss, you will get a refund in the form of a bonus bet, up to a maximum of $1,500.

FanDuel promo code: Get $150 in bonus bets when you make a successful opening wager of $5 or more after creating an account with the FanDuel promo code. Your first bet has to settle as a winner. If it does, you will $150 in site credit ($300 in Massachusetts and Ohio) to break up into as many bonus bets as you wish.

bet365 bonus code ROTOWIRE: You can have a choice of welcome offers when you create a new account using the bet365 bonus code ROTOWIRE. The First Bet Safety Net Up to $1,000 gives you first-bet protection up to $1,000, in the form of matching bonus bets. Or you can select the Bet $5, Get $150 in Bonus Bets offer. With the bet and get offer, the bonus bets are awarded no matter how your opening wager fares. The bonus bets from either offer can be divided up and used however you prefer.

Hard Rock Bet Promo Code: Claim up to $100 back on your first bet with the No Regret First Bet unlocked by the Hard Rock Bet Promo Code.

Best Indy 500 Betting Promos – How to Sign Up with Motorsports Betting Apps & Sites

If you’re located in a state where online sports betting is legal, getting started with the best Indy 500 betting promos & bonuses is simple:

1. Click any of the BET NOW buttons located in this article to get started.
2. Provide the operator with the relevant promo code, if applicable, to unlock your welcome bonus offer; if no code exists, simply clicking one of our BET NOW buttons will automatically unlock the best welcome offer.
3. Provide the operator with your relevant personal information such as name, email, phone, and address to create your account; players will also need to confirm they are physically located in one of the states where the operator is live and that they are 21+ years old.
4. With your account created, make a qualifying first deposit and then place your opening bet.

Bet on Indy 500 Odds with Best Auto Racing Betting Promos & Bonuses

It doesn’t get much better than Memorial Day Weekend at Indy. Add to the excitement by using the best Indy 500 betting promos for this year’s race as you can start your sports betting journey by loading up on more than $6,000 in sports betting bonuses.

Newgarden is the defending champ, but Scott McLaughlin grabbed the pole for the start of the race with a qualifying speed of 234.22 mph.

All eyes will be on Larson, the NASCAR star, who will be attempting a rare double Sunday by also competing in Sunday night’s NASCAR extravaganza, the Coca-Cola 600 at Charlotte Motor Speedway. Larson qualified fifth at Indy.

However you want to place your bets for the 108th running of this iconic race, make sure you use the best Indy 500 betting promos to register for a new account. Sign up for one or sign up for them all. Create your accounts and put down your bets right now!

This article is part of our Betting Promotions series.