2025 Milwaukee Mile 250 betting picks & race predictions

The 2025 IndyCar Series heads to West Allis, Wisconsin, for the Milwaukee Mile 250 — a 250-lap battle on America’s oldest operating racetrack. Scheduled for Sunday, August 24, with live coverage from 2pm ET, the event will see IndyCar’s best tackle the legendary one-mile oval that has hosted open-wheel racing since 1903.

With Alex Palou already crowned series champion and sitting as the race favorite at the top sports betting sites, the spotlight shifts to who can capture victory in Milwaukee and carry momentum into the Nashville finale.

The Milwaukee Mile may be an oval, but it drives like a road course. Its modest nine degrees of banking forces drivers to lift and brake through the corners, creating overtaking opportunities both in the turns and on the straights. That unique layout makes it one of the most strategic and challenging tracks on the IndyCar calendar.

When IndyCar returned to Milwaukee in 2024, Pato O’Ward and Scott McLaughlin split victories in a doubleheader. O’Ward already owns two wins this season, while McLaughlin is still searching for his first of 2025. Teammate Josef Newgarden has also yet to reach victory lane, but his dominance on short ovals makes him a prime contender this weekend.

Elsewhere, Colton Herta will look to build on his first oval podium at Milwaukee in 2024, while Santino Ferrucci and Conor Daly bring underdog appeal after strong runs here last year. With Palou’s championship secured, Milwaukee offers bettors value across the grid as hungry contenders chase one of the season’s final trophies.

IndyCar Milwaukee Mile 250 betting odds

• Alex Palou – +225
• Josef Newgarden – +375
• Scott McLaughlin – +600
• Pato O’Ward – +600
• Will Power – +800
• Colton Herta – +1000
• Scott Dixon – +1200
• Christian Lundgaard – +1400
• David Malukas – +1600
• Conor Daly – +2000
• Kyle Kirkwood – +2000
• Santino Ferrucci – +3500
• Alexander Rossi – +3500
• Felix Rosenqvist – +4000
• Marcus Ericsson – +4000
• Marcus Armstrong – +4000
• Christian Rasmussen – +5000
• Graham Rahal – +7000
• Louis Foster – +8000
• Rinus Veekay – +8000
• Callum Ilott – +10000
• Robert Shwartzman – +15000
• Nolan Siegel – +15000
• Kyffin Simpson – +15000
• Devlin DeFrancesco – +30000
• Sting Ray Robb – +35000
• Jacob Abel – +50000

More odds available at BetOnline

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IndyCar Milwaukee Mile 250 betting predictions

Josef Newgarden to win

Newgarden has gone winless in 2025, but history says that won’t last. He’s one of the best short-oval racers IndyCar has ever seen, and Milwaukee’s rhythm-heavy corners play to his precision and patience. With Penske desperate for a breakthrough, Newgarden is the sharpest play to take victory lane at +375 odds with BetOnline.

Colton Herta top-three finish

Herta broke through for his first oval podium here in 2024 and has consistently looked more comfortable on ovals this season. With Andretti’s strong history at Milwaukee and Herta’s ability to adapt to strategic races, he’s a solid bet to land on the podium again at +300 with BetOnline.

Santino Ferrucci top-six finish

Ferrucci loves short ovals and has the results to prove it — two fourth-place finishes at Milwaukee in 2024 plus a Gateway top-five this season. The AJ Foyt driver thrives in high-traffic, attrition-heavy races, making him a sneaky value for another top-six finish at +320 odds with BetOnline.