The 2023 Formula 1 season has seen Red Bull Racing dominate with both drivers, including a weekend sweep by Sergio Perez in Azerbaijan to close out April. May brings the first of three races in the United States and a visit to hallowed grounds at Monaco.
Despite a Red Bull-heavy start to the season, Formula 1 has a lot of races left and multiple changes to be made by teams to their cars. That also means there are plenty of angles to look at when placing wagers on F1 futures.
Formula 1 Championship Betting Odds 2023
What Are The 2023 Formula 1 Championship Odds For All 20 Drivers?
Lines to win the F1 World Championship are current as of May 23, 2023, and found at FanDuel Sportsbook.
- Max Verstappen (-700)
- Sergio Pérez (+500)
- Lewis Hamilton (+4200)
- Fernando Alonso (+5500)
- Charles Leclerc (+10000)
- George Russell (+12000)
All other drivers are listed at (+20000).
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What Are The 2023 Formula 1 World Constructors Championship Odds For All 10 Teams?
- Red Bull (-6000)
- Mercedes (+4800)
- Aston Martin (+4800)
- Ferrari (+10000)
- All other Constructors (+20000)
F1 World Championship Winner Prediction
Max Verstappen (-700)
Verstappen is the best driver racing with the best team on the grid. Since the beginning of 2022 when the new car restrictions and changes have been in place, the Dutchman has won 18 of 25 races and ran away with the 2022 title. Unless Thanos becomes a non-fictional person and snaps him from existence, Verstappen is set to win the 2023 championship, making him my F1 best bet.
Max Verstappen F1 Winner Outlook
The reigning champion is expected to be the favorite in all upcoming races, including Monaco, Barcelona, and Canada. Verstappen won in Barcelona and Canada in 2022.
Sergio Pérez F1 Winner Outlook
Checo is on Verstappen’s heels after a handful of races and won Monaco last season. The Mexican is showing that he deserves similar consideration as top driver on the grid, but has to do so by topping his Red Bull teammate in Verstappen.
Pérez is the second driver of the two-racer team and therefore is more likely to allow Verstappen to collect more racer points if the title were to come down to Max and another driver not named Pérez. Checo needs multiple DNF’s/non-podium finishes from Verstappen to win the championship, and it is difficult to see Red Bull allow that to happen.
F1 World Championship Best Prop Bets
Charles Leclerc vs Carlos Sainz: Leclerc (-260) • FanDuel Sportsbook
The only reason this would not hit is Ferrari’s inability to put Leclerc in position to make the podium weekly. New team principal Frederic Vasseur has to keep Leclerc competitive not only because he is a better driver than Sainz, but because there are rumors of Leclerc looking for greener pastures.
Yuki Tsunoda vs Nyck De Vries: Tsunoda (-380) • FanDuel Sportsbook
The youth movement for AlphaTauri has been a night-and-day experiment in 2023. Tsunoda has finished 11th, 11th, 10th, and 10th to start this season, while De Vries has gone 14th, 14th, DNF, DNF. Tsunoda has taken a step forward despite racing in an inferior car compared to the top teams.
Both drivers will have to continue to fight for points with AlphaTauri signing racers to shorter contracts and Laurent Makies set to return to the team as team principal in 2024. Makies is leaving Ferrari to replace the retiring Franz Tost.
2023 Constructors Championship: Red Bull (-2000) • BetMGM Sportsbook
BetMGM has the best odds for the Constructor Championship favorites. Red Bull currently has a 93-point lead over Aston Martin and should continue to distance itself with Verstappen and Pérez continually finishing on the podium.