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  2. Formula 1

2021 Formula 1 Betting Odds Comparison and Tips

  • Outrights
World Championship

World Championship
Constructors

  • Red Bull
  • 1.90
  • SportingBet
  • Ferrari
  • 1.94
  • Pinnacle
  • Mercedes
  • 26.46
  • Pinnacle
All Odds
World Championship

World Championship
Drivers

  • Max Verstappen
  • 1.87
  • Pinnacle
  • Charles Leclerc
  • 2.20
  • Bet365
  • Lewis Hamilton
  • 34.72
  • Pinnacle
All Odds
GP Spain

GP Spain
Winner

  • Max Verstappen
  • 2.00
  • Bet365
  • Charles Leclerc
  • 2.35
  • SportingBet
  • Carlos Sainz Jr.
  • 12.00
  • Bet365
All Odds
GP Spain

GP Spain
Pole Position

  • Charles Leclerc
  • 2.10
  • SportingBet
  • Max Verstappen
  • 2.20
  • SportingBet
  • Carlos Sainz Jr.
  • 8.00
  • SportingBet
All Odds
GP Spain

GP Spain
Winning Constructor

  • Red Bull
  • 1.80
  • Bet365
  • Ferrari
  • 2.00
  • Bet365
  • Mercedes
  • 15.00
  • Bet365
All Odds
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Formula 1 Betting Tips, News & Predictions

Max Verstappen Favourite to Win Miami Grand Prix
07/05/2022 7:45 PM
The 2022 Miami Grand Prix takes place on Sunday 8 May, with this being the fifth race of the Formula One season. The action heads to the United States of America and it will be interesting to see which drivers are able to handle the track at the Miami International Autodrome, with this being a brand new addition to the schedule
Read more
Bookies Can’t Split Leclerc and Verstappen in F1 Title Odds
27/04/2022 4:30 PM
Max Verstappen was able to win the Emilia Romagna Grand Prix and has now closed the gap on Charles Leclerc in the overall Formula 1 standings for the 2022 season. The bookies now think that we have a two-driver race to be crowned champions and every other driver is trading at big odds
Read more
Lewis Hamilton Favourite to Win 2022 Bahrain Grand Prix
09/03/2022 9:15 PM
The 2022 Formula 1 season gets underway on Sunday 20 March when Lewis Hamilton will attempt to overcome adversary Max Verstappen after the Dutchman controversially claimed the 2021 F1 Drivers’ Championship. The Brit has seven titles under his belt and is the betting favourite to reclaim his crown ahead of the Bahrain Grand Prix
Read more

2021 Formula 1 Championship betting odds and tips

It’s fair to say that the 2020 Formula 1 Championship was massively disrupted by the COVID-19 pandemic, although the 2021 campaign looks much more like a case of business as usual, with the schedule taking the drivers and their constructor teams all over the globe as they compete in exotic locations once again.

When Does the 2021 Formula 1 Championship Take Place?

The schedule has now been published for the 2021 F1 season and the Bahrain Grand Prix will lift the curtain on the new Formula 1 campaign, with this race taking place on 28 March. Providing everything goes according to plan, there will then be a succession of Grand Prix, taking us all the way to the Abu Dhabi Grand Prix on 12 December.

There are twenty-three Formula 1 races that form part of the 2021 schedule, with the constructors preparing their cars for a lengthy season which will see some familiar drivers lining up on the grid in order to compete.

Lewis Hamilton Big Favourite to Win Eighth F1 Title

Lewis Hamilton now has seven Formula 1 Drivers’ Championship titles under his belt, with the Brit securing the 2020 crown with the minimum of fuss after winning eleven races last season and he’s no bigger than 2/5 if you compare the best Formula 1 betting sites to see the available motor racing betting odds.

Hamilton is clearly the driver to beat and the 36-year-old will once again compete for the Mercedes-AMG Petronas Formula One Team who look set to be the leading constructor, although time will tell as to whether some of the other teams have caught up over the winter.

The fact that Hamilton won the championship by 124 points suggests that the rest of the field might struggle to lay a glove on someone intent on establishing a legacy in the sport.

Can Max Verstappen Rival Hamilton in the F1 Betting?

Verstappen is the second favourite in the Drivers’ Championship betting and the Dutchman was a podium regular during the 2020 season, although the bottom line is that the Red Bull Racing driver only managed to score two victories and there were five retirements which meant that Max was back in third place in the overall standings.

Verstappen is clearly open to huge improvement at the age of 23 and will hope that his team can give him a reliable car in order to compete harder in 2021, with Valtteri Bottas perhaps the only driver that could also feature in the drivers’ championship race and the Finn won’t always want to play second fiddle to Hamilton.

Mercedes Big Favourites to Win 2021 Constructors’ Championship

Unsurprisingly, Mercedes are trading as big favourites to win the Constructors’ Championship and those short odds won’t be to everyone’s tastes, although they look like bankers considering that Red Bull Racing are surely the only other constructor that could go close in this one.

Max Verstappen will be joined by Sergio Perez for the Red Bull team and it will be interesting to see how they compete in the opening few races to see if we’ll have a really competitive F1 season.

The Formula 1 World Championship is an annual motor racing competition which is generally regarded as the most prestigious in motor sport. Between March and December, we see twenty professional drivers compete all over the globe in a bid to be crowned world champion.

Each team has two different drivers, with Mercedes AMG Petronas Motorsport, Scuderia Ferrari Mission Winnow and Alfa Romeo Racing among the leading constructors, with the season generally starting with the Australian Grand Prix and going on from there.

Here at Odds1x2.com, we work with the leading bookmakers to make sure that betting customers can get the biggest possible Formula 1 odds. We access the operator feeds and then put them together in an odds comparison table so that you can compare the various prices and make sure you always land the value.

Most Popular Formula 1 Betting Markets

Formula 1 betting has never been more popular and we’ve presented the most popular betting markets when it comes to F1. We’ve also provided details of how each betting market works, with the betting odds differing between various operators.

  • To Win – this is simply a case of backing a driver to win a Grand Prix. Most bookmakers generally offer each-way betting and you might typically get place terms of 1/3 odds for the first two places.
  • Fastest Qualifier – similar to the “To Win” market, this is a case of backing the driver that you think will record the fastest qualifying time. Whoever you think will be on Pole Position is the driver to back here.
  • Podium Finish – only three drivers will be on the podium for finishing either first, second or third. Many bookmakers give you the chance to bet on “Yes” and “No” depending on whether you think each competitor will be on the podium.
  • Points Finish – this is generally a “Win Only” market where you can bet on a driver to be in the points for a particular Grand Prix. As you might expect, the favourites are often a short price for this market, although there can be value by going for one of the outsiders.
  • Fastest Lap – during a race, there will be a driver who ends up recording the fastest lap and it’s a simple case of picking who will be fastest during a Grand Prix. It’s not always the driver who ends up winning and you’ll often be surprised by the odds that are available.

Bet on the Formula 1 Outright Betting Markets

The sport of Formula 1 takes place through the year and customers can also bet on the winner of the F1 World Championship, with many fans enjoying the chance to bet on which driver will end up landing the title. Should this become uncompetitive and someone like Lewis Hamilton ends up storming clear at the top of the leaderboard, you might find a new betting market comes available such as “Betting w/o the Favourite”.

There is also an award at the end of the season for Winning Constructor and this is often the team who has the world champion. Once again, you can bet on the winning team and it’s always worth comparing the prices to make sure you land the biggest on a consistent basis.

The Formula One outright markets tend to change on a week-to-week basis and often give you an indication as to the likely winner of the overall championship. Should a driver perform well in the latest Grand Prix, you will find their odds will therefore shorten when it comes to the Drivers’ Championship.

Why Should I Compare Odds1x2.com F1 Prices?

You might want to back Lewis Hamilton to win a Formula 1 race. The Brit could be trading at 6/4 with Ladbrokes although bet365 have 2/1 available. It’s clear that 2/1 is significantly bigger than 6/4 and it makes complete sense to back the biggest price to make sure you get the largest possible return.

Now you could potentially visit the Formula 1 section at Ladbrokes and then the Formula 1 section at bet365 to make this discovery. Alternatively, there’s an easier route where you can visit Odds1x2.com and access the Formula 1 section where we have the odds available with each operator.

If you’re looking to bet on the latest Grand Prix, you will notice that bookmaker prices are different to each other. We look to highlight where the big prices lie so that you can simply pick out the odds that you like best and go and visit that operator.

If you are able to get a best price of even money and back these odds on ten occasions, you would only need to get five winners to break even and any further number of winners would result in an overall profit.

However, if you bet on odds of 10/11 ten times and get five winners, then you would actually end up down because your return with each bet is less than the actual stake that you have placed.

Bet In-Play on Formula 1 Grand Prix

Formula 1 is a sport that lends itself very well to In-Play betting. There are usually over 50 laps in a Grand Prix and that means that the action can take place over several hours, with the drivers lining up on the grid before the chequered flag is waved and the race starts in earnest.

If you’re watching a Grand Prix, then you can see the In-Play odds changing on a constant basis, with bookmakers allowing customers to bet on markets such as Race Winner and Points Finish.

It helps to know the race positions and also each race strategy, with drivers coming in for pit stops to either refuel or change their tyres before continuing the race.

Formula 1 Betting FAQ

How Do I Place Bets on Formula 1?

Every year, the Formula 1 World Championship takes place and there’s the opportunity to bet on each individual Grand Prix which takes place. For each Grand Prix, the bookies will create a wide range of markets such as Race Winner, Pole Position, Points Finish, Podium Finish and Fastest Lap. You simply need to have a registered betting account and you choose the bet that you want to place along with the allocated stake.

Which Bookies Offer Formula 1 Betting Markets?

Every betting site will offer customers the chance to place bets on Formula 1. Some bookies have a more extensive range of available betting markets and you should also note that the odds differ between the various bookies. Therefore, it’s often worth shopping around to get the biggest F1 betting odds when it comes to your fancied selections. You can choose to either bet pre-race or In-Play depending on your preference.

How Do I Win Placing Formula 1 Bets?

There are lots of ways to win by betting on F1 markets and it’s a simple case of choosing the winning selection each time. You can go through the Formula 1 betting options and pick out the odds which interest you the most. Providing that your selection is settled as a winner, you will be paid out instantly depending on the stake and the odds which you chose. The money can then be withdrawn or you can place further bets.

How Can I Bet on Formula 1 Championship Winner?

There are a number of antepost betting markets available for Formula 1 and this includes the F1 Drivers’ Championship and the Formula 1 Constructors’ Championship. The bookies will update these betting markets after each Formula 1 race and you’ll be able to view the latest antepost betting odds to see the latest prices for each driver. Bet on the Formula 1 champion and hope to get the right driver to claim the championship.

What Are the Best Formula 1 Races to Bet On?

Every Grand Prix provides an opportunity for customers to place profitable bets and it’s a case of working out the best value each time. It might be that you wait until the first two or three Grand Prix of the season have taken place to see how the Formula 1 betting stats are working out. If a driver is enjoying a hot streak of form and landing podium finishes or victories, then there’s a case for placing bets on them.

How Can I Bet In-Play on Formula 1 Grand Prix?

As soon as the lights go out and the Grand Prix is under way, the bookies will offer an exciting In-Play selection of betting markets and you can choose to place bets while watching the action unfold. There’s always the chance to bet on the Race Winner until it becomes a foregone conclusion, while there’s often the chance to bet on Fastest Lap, Points Finish and Podium Finish when the race is In-Play. The live odds are exciting and it’s great to identify the different driving tactics before placing your bets.

How Do I Bet on Lewis Hamilton Winning a Grand Prix?

Lewis Hamilton is always a popular selection when it comes to Formula 1 bets and you’ll often find him among the favourites when it comes to the latest Grand Prix. You can also bet on him having the Fastest Lap or being in Pole Position, with some customers enjoying a bet on the British Formula 1 driver winning another Drivers’ Championship. Just look for his name and betting odds when it comes to the latest betting markets.

How to Cash Out Formula One Bets?

Some Formula 1 betting markets will be eligible for Cash Out and that means you can take some or all your money out of a particular motor racing bet along the way. It’s tremendous news should you get into a profitable position and then want to make some cash before waiting for the race to end. You can also sometimes build a Formula 1 bet by making different selections for a particular Grand Prix and merging them together.
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