May 9, 2001 12:01 AM

Sam Hornish Jr. and the field, both 4-1 at Palace Station sports book, are favored to win the Indianapolis 500 May 27 at the Indianapolis Motor Speedway.

Next on the odds list is Buddy Lazier (5-1) and Michael Andretti (6-1). Eliseo Salazar, Helio Castro-Neves and Greg Ray all are 8-1. Gil de Ferran and Eddie Cheever both are 10-1. Bruno Junqueira and Al Unser Jr. both are 14-1.

Betting will be off on this field May 20 at 3 p.m.

Also, the Imperial Palace has odds on the Austrian Grand Prix in Spielberg, Austria this Sunday. Michael Schumacher is an even favorite to win.