Formula One Odds & Futures Bets 2022 | Current F1 Championship Futures & Betting Lines

Gio AnnatelliDigital Content Coordinator
Posted: Mar 11, 2022Last updated: May 13, 2022

After one of the busiest off seasons to date, the 2022 Formula 1 campaign is right around the corner. Formula 1 introduced a new generation of cars with many new regulations, several drivers found new homes with others losing their seats.

Last season was a two-man race for the World Drivers’ Championship between Lewis Hamilton and Max Verstappen. Hamilton sought his record eighth Formula 1 championship while Verstappen was looking for his first. Ultimately, Verstappen came out victorious at the Abu Dhabi race in a controversial fashion.

While Hamilton and Verstappen should be at the top of the standings in 2022, along with their constructors of Mercedes and Red Bull, other drivers and teams will be looking to challenge for the championship.

Which driver and team should be the current favorite to win the Formula 1 World Drivers’ Championship in 2022? And will Verstappen be able to defend his title as the top driver on the grid?

Here are all of the latest Formula 1 Championship betting odds for the 2022 Formula 1 season.

Formula 1 Championship Betting Odds 2022

What Are The 2022 Formula 1 Championship Odds For All 20 Drivers?

Here are the full 2022 Formula 1 odds from Caesars Sportsbook as of Friday, May 13, at 2 p.m. ET.

  • Max Verstappen (-125)
  • Charles Leclerc (+125)
  • Lewis Hamilton (+2500)
  • George Russell (+5000)
  • Carlos Sainz (+5000)
  • Sergio Perez (+8000)
  • Lando Norris (+50000)
  • Daniel Ricciardo (+50000)
  • Fernando Alonso (+75000)
  • Pierre Gasly (+100000)
  • Valtteri Bottas (+100000)
  • Mick Schumacher (+100000)
  • Kevin Magnussen (+100000)
  • Esteban Ocon (+100000)
  • Yuki Tsunoda (+200000)
  • Guanyu Zhou (+250000)
  • Nicholas Latifi (+250000)
  • Sebastian Vettel (+250000)
  • Alexander Albon (+250000)
  • Lance Stroll (+250000)

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Read Chris Wassel’s Caesars Sportsbook review for more insight and get your welcome bonus below, or continue reading our Formula 1 Championship Betting odds.


What Are The 2022 Formula 1 World Constructors Championship Odds For All 10 Teams?

  • Ferrari (-110)
  • Red Bull (-110)
  • Mercedes (+2000)
  • McLaren (+100000)
  • AlphaTauri (+100000)
  • Alpine (+100000)
  • Haas (+100000)
  • Alfa Romeo (+150000)
  • Williams (+200000)
  • Aston Martin (+200000)

Formula 1 Championship Favorites

Lewis Hamilton to Win Drivers’ Championship (+150) at Caesars

Wager: 2 Units

The winningest driver in Formula 1 history was one win away from taking home his record eighth World Drivers’ Championship. However, the controversial finish to the Abu Dhabi race saw Verstappen overtake Hamilton on the final lap, giving the Dutch driver his first title.

Along with being tied with the legendary Michael Schumacher for the most championships in F1, Hamilton also holds a plethora of records, including most career wins, most pole positions, most career points, and most podium finishes.

Hamilton is the best and safest bet to make to win the Drivers Championship. He won eight races last season and finished on the podium in 17 of 22 races.

Formula 1 has implemented various changes to the car this year, changes that got delayed due to COVID-19. As a result, younger drivers might struggle at first to get used to the car, while a 16-year vet like Hamilton will adjust quickly, especially in a car like Mercedes. Take Hamilton at plus-odds.

Max Verstappen to Win Drivers’ Championship (+175) at Caesars

Wager: 2 Units

Typically, when a driver wins the championship the season prior, they’re the favorite to win the following year. However, that’s not the case for Verstappen, who still has to compete with Hamilton and Mercedes.

Verstappen signed a five-year contract extension with Red Bull, making him tied for the highest-paid driver in F1. Smart move, given the season the 24-year-old had in 2021. Verstappen had 10 wins and 18 podiums, with the latter a Formula 1 record.

Of all the drivers, Verstappen is known to be the most naturally gifted on the grid. His raw talent alone makes him a top-five driver, but with more experience under his belt, he is at the top with Hamilton.

Many people have questioned Verstappen’s championship due to the controversial finish at the Abu Dhabi race. So much so that F1 Race Director Michael Masi was removed from his position due to his decisions that led to the finish. Nonetheless, Verstappen is certainly poised to win back-to-back championships.

Mercedes to Win Constructors Championship (-120) at Caesars

Wager: 1 Unit

Mercedes has won the Constructors Championship eight straight years, so they’re the favorite to win a ninth consecutive. Mercedes has certainly had the most dominant car on the grid for nearly a decade, so this alone puts them ahead of every other team.

Hamilton is the favorite to win the Drivers Championship, and even if he fails to do so this year, he should finish top three. His new teammate, George Russell, is a talented young driver who is also projected to finish top three.

They’re a dangerous combo and should continue to keep Mercedes at the top.

Formula 1 Championship Contenders

Carlos Sainz to Win Drivers Championship (+1200) at Caesars

Wager: 1 Unit

While other drivers on new teams struggled last year, Carlos Sainz flourished in his first season with Ferrari. Sainz finished fifth in the Championship, ahead of teammate Charles Leclerc, who’s been with the team longer.

Throughout pre-season testing, Ferrari has looked the strongest. Both Sainz and Leclerc have been putting in the work in the F1-75, having the most combined laps of all the teams. That’s important, especially with all the changes to the car this season.

Sainz finished the 2021 campaign by scoring points in 15 straight races while finishing on the podium in four races. He’s able to adapt quickly and doesn’t make many mistakes.

With the season Sainz had last year and the Ferrari car looking much better, not only will Sainz win his first race, but he shouldn’t be overlooked to win the Championship.

Lando Norris to Win Drivers Championship (+2500) at Caesars

Wager: 1 Unit

McLaren has a lot of faith in their young driver, signing Lando Norris to a four-year extension, so why shouldn’t we also have faith in him to win it all? Norris has continued to improve year after year, and McLaren as a car has also improved.

Norris had a strong first half of 2021, finishing in the top 5 in eight of 11 races, including three podiums. However, in the second half, he only finished in the top 5 once, a 2nd place finish at the Italian Grand Prix.

McLaren has had some issues in pre-season testing, but Norris has done exceptionally well, nonetheless. He’s also been under the learning tree of veteran Daniel Ricciardo, one of the top drivers in Formula 1.

As long as the McLaren car is at full power, Norris should have a strong opportunity to win the championship.

Ferrari to Win Constructors Championship (+275) at Caesars

Wager: 1 Unit

Ferrari is the most storied constructor in Formula 1. They have 16 World Championships, the most in F1 history. Many legendary drivers, such as Schumacher and Niki Lauda, have donned the red jumpsuit.

Ferrari, however, has struggled in the past 10+ years. Their last championship was in 2008, and though they’ve finished in the top three on many occasions, that’s not good enough for a team like Ferrari.

Behind Hamilton and Russell, Sainz and Leclerc is the best duo in Formula 1. Both drivers and the car itself have tested exceptionally well so far in the preseason. If any team is to take down Mercedes, it’s Ferrari.

Formula 1 Championship Sleepers

Sebastian Vettel to Win Drivers Championship (+15000) at Caesars

Wager: 0.5 Units

The talent on the grid this year is one of the best in recent memory, which makes it more of a challenge for four-time champion Sebastian Vettel to win his fifth championship in 2022.

Vettel and Hamilton both joined Formula 1 in 2007, and while Hamilton achieved success right away, it wasn’t until Vettel joined Red Bull that he achieved his success, winning four straight championships from 2010 to 2013. However, Vettel struggled when he moved to Ferrari and has seen a steady decline since 2019.

In his first year with Aston Martin, Vettel struggled with his new team, finishing 12th in the standings and having just one podium to show for it. The team is run by billionaire Lawrence Stroll, whose son, Lance Stroll, is his teammate, so funding for a top-of-the-line car is no issue.

There will be an adjustment period for the younger drivers to get used to the new car regulations, but for veterans like Vettel, he should have a quicker grasp.

If Vettel can come out the gates firing on all cylinders, he can carry that momentum deeper into the season to his 5th Drivers Championship.

Pierre Gasly to Win Drivers Championship (+15000) at Caesars

Wager: 0.5 Units

Pierre Gasly has had an interesting career so far in Formula 1. He joined the Red Bull Driving Academy in 2014 and spent two years with AlphaTauri before being paired with Verstappen at Red Bull. Unfortuntely, that was short-lived, as he was sent back to AlphaTauri halfway through his Red Bull stint.

Gasly is a young and talented driver, as he outperformed his replacement, Alex Albon, after leaving Red Bull. The 2021 season was his best on the grid, finishing 9th and scoring 110 points.

While the AlphaTauri car isn’t the best in F1, it falls under the Red Bull umbrella, which should make the team competitive. Gasly also has a chip on his shoulder, as he wants to return to a top team, such as Red Bull.

At +15000 odds, sprinkle a little bit on Gasly to win the championship. Formula 1 has promised to be more competitive in 2022, so you never know what could happen.

Author

Gio Annatelli

Gio Annatelli is a Digital Content Coordinator with The Game Day, writing and editing sports articles for the web. He is seasoned in sports, having covered and written for teams such as the New York Giants, New York Jets, and New York Islanders. Gio graduated from Hofstra University where he got his Bachelor's degree in Journalism. You can almost guarantee he's betting on a parlay.

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