The 2023 Indy 500 takes place this Sunday, May 28th at the Indianapolis Motor Speedway in Indiana. The race will be broadcast live on NBC from 11am to 4pm ET. The green flag for the 107th Indy 500 is expected to drop at 12:45pm. Alex Palou won the Indy 500 pole position and he will enter the race as the favorite.
On this page I will recommend a betting site for Florida residents, look at the Indy 500 winner odds, touch on the betting regulation climate in Florida, and provide a simple 3 step guide you can follow to bet on the Indy 500 online from Florida.
Best Betting Site For Florida Residents
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BetOnline.ag is our recommended betting site for Florida residents interested in betting on the Indianapolis 500.
Indy 500 Winner Odds
Here are the winner odds for the 2023 Indy 500 from BetOnline.ag (odds taken on May 24th):
I included the drivers with odds of 50-1 or shorter in the above screenshot. To see the full list of up to date winner odds head to BetOnline.ag open the ‘Other Sports’ and ‘Auto Racing’ drop down menus and select ‘Motor Sports’ -> ‘IndyCar’.
Sports Betting in Florida
It is not currently legal to operate a sportsbook in the state of Florida.
That said, Florida residents still have the option to place bets through offshore sportsbooks that are licensed and regulated outside of the USA. BetOnline.ag falls into this category as an offshore betting site that is licensed and regulated in Panama, while accepting players from across the USA, including Florida.
**Regulated sports betting did briefly come to Florida in late 2021, but the legality of sports betting operation was challenged in court resulting in regulated sportsbooks having to cease operation in the state. The 2023 Florida legislative session ended on May 5th with no progress made.
How To Bet On The Indy 500 in Florida – 3 Step Guide
Follow these three steps to bet on the 2023 Indianapolis 500 online.
Step 1. Open A BetOnline.ag Account
Click the above link, select ‘Join Now’ on the home page and fill out the registration form to open your account.
BetOnline is our recommended betting site for Florida residents.
Step 2. Deposit Funds
Log into your BOL account and click on the ‘Deposit’ button. Choose your preferred deposit method, enter the amount, and follow the instructions to fund your account.
BetOnline accepts Visa, MasterCard, American Express, Bitcoin, Ethereum, other cryptocurrencies, and various e-wallet deposits. You can cash out your winnings through most of those same methods, as well as via bank wire or check through the mail.
Step 3. Place Your Indy 500 Bets
- Click ‘Sports’ from the top menu bar.
- Open the ‘Other Sports’ and ‘Auto Racing’ drop down menus.
- Select ‘Motor Sports’ -> ‘IndyCar’ to find the Indy 500 winner odds.
- Select the odds of the bet you want to place to add it to your Bet Slip.
- Enter your risk amount and click ‘Place Bet’ to lock in your wager.
Ready to bet? Click here to visit BetOnline.ag.