Verstappen is the strong frontrunner to defend his championship title in the 2024 F1 Championship.
According to the latest odds from our top F1 betting sites, Max Verstappen remains the clear favorite to clinch his fourth consecutive championship in 2024.
Max Verstappen and Red Bull Racing continue their dominance in the sport, securing another F1 drivers’ championship and constructors’ championship in 2023. This marks Verstappen’s third consecutive title and Red Bull’s second consecutive triumph.
Despite a few unexpected setbacks from Verstappen and Red Bull in 2024, our top sports betting sites still consider them to be the clear favorites. These setbacks, such as a brake issue in Australia and a sixth-place finish in Monaco, have shown that even the strongest competitors can have moments of vulnerability.
However, Verstappen and Red Bull have managed to overcome those challenges and achieve two consecutive victories, with the most recent one coming at the Spanish Grand Prix.
Below are the championship odds for the drivers and constructors as provided by our top sportsbooks.
The odds for the 2024 F1 drivers’ championship
Updated on June 24, the odds for the F1 drivers’ championship.
Driver | FanDuel | BetMGM | Caesars | bet365 |
---|---|---|---|---|
Max Verstappen | -850 | -2000 | -1600 | -2000 |
Lando Norris | +1100 | +1000 | +900 ❄️ | +1000 |
Charles Leclerc | +2200 | +2200 | +2500 | +2000 ❄️ |
Carlos Sainz | +20000 ❄️ | +25000 | +25000 | +25000 |
Oscar Piastri | +20000 | +15000 ❄️ | +25000 | +25000 |
Top contender for the 2024 F1 World Championship
Max Verstappen is the favorite to win at -850 according to FanDuel.
Although it may seem absurd to label -850 as a value bet, FanDuel is providing surprisingly low odds on Verstappen in comparison to other reputable sportsbooks that are still offering this market. In other places, Verstappen’s odds typically hover around -2000.
The second price appears to be appropriate for a driver who currently has 215 points after only 10 races, significantly surpassing Lando Norris in second place with 150 points.
In 2023, Verstappen dominated the competition by a significant margin, but in recent races, his victories have been much closer. He only finished 2.219 seconds ahead of Norris in Spain and 3.879 seconds in front during his win at the Canadian Grand Prix.
Despite the challenges, he continues to secure victories, with Verstappen now having achieved seven wins out of 10 races. This impressive record follows his remarkable 19 wins in 2023.
Similar to last season, he has compelled the majority of our top sports betting apps to provide markets for “without Verstappen” or “without Red Bull.”
Chances of winning the F1 constructors’ championship in 2024
The odds for the F1 constructors’ championship were updated on June 24th.
Constructor | FanDuel | BetMGM | Caesars |
---|---|---|---|
Red Bull | -400 | -400 | -400 |
McLaren | +350 | +300 ❄️ | +360 |
Ferrari | +1300 | +1200 ❄️ | +1600 |
Past drivers’ championship winners
Year | Driver | Team |
---|---|---|
2023 | Max Verstappen | Red Bull |
2022 | Max Verstappen | Red Bull |
2021 | Max Verstappen | Red Bull |
2020 | Lewis Hamilton | Mercedes |
2019 | Lewis Hamilton | Mercedes |
2018 | Lewis Hamilton | Mercedes |
2017 | Lewis Hamilton | Mercedes |
2016 | Nico Rosberg | Mercedes |
2015 | Lewis Hamilton | Mercedes |
2014 | Lewis Hamilton | Mercedes |
2013 | Sebastian Vettel | Red Bull |
Past constructors’ championship winners
Year | Constructor |
---|---|
2023 | Red Bull |
2022 | Red Bull |
2021 | Red Bull |
2020 | Mercedes |
2019 | Mercedes |
2018 | Mercedes |
2017 | Mercedes |
2016 | Mercedes |
2015 | Mercedes |
2014 | Mercedes |
2013 | Red Bull |
Motorsports betting odds pages
NASCAR Cup Series Odds | Indy 500 Odds |
F1 Driver/Constructor Series Championship Odds | Monaco Grand Prix Odds |
Las Vegas Grand Prix odds |
Frequently Asked Questions about the F1 Driver and Constructor Championships
Who is the frontrunner for the F1 championship?
Max Verstappen is the clear frontrunner to win the F1 driver’s championship with odds of -850, while Red Bull Racing is heavily favored to win the constructor’s championship with odds of -400.
When will the winners be announced?
There are 22 races in the Formula 1 season, with the final race scheduled for Nov. 26 in Abu Dhabi. The driver and constructor who top the standings after this race will be declared the winners in their respective categories.
In 2023, who was the winner of the drivers’ championship?
For the third consecutive season, Max Verstappen won the title in 2023.
Which team emerged victorious in the 2023 constructors’ championship?
Red Bull clinched the top spot in the overall standings for 2023, marking their second consecutive championship victory following their previous win in 2013.
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