- Three-time world champion Max Verstappen is a heavy favorite to repeat.
- Correlatively, Red Bull Racing is a sizable favorite to win the constructor’s championship.
The 2023 season has concluded, but 2024 Formula 1 betting odds are available for the two main futures markets.Â
In the drivers championship, reigning world champion Max Verstappen opened as a -600 favorite to win his fourth straight title. Currently, Verstappen is -3000.Â
Red Bull Racing – the constructor led by Verstappen – opened -650 to earn the most points. Currently, Red Bull is -3000.Â
Since 2000, the constructor with the championship-winning driver has also won the constructor’s championship in all but two years.Â
Here’s how the rest of the odds shake out for the two futures markets.
Formula 1 Odds – 2024 Drivers Championship
| Formula 1 Driver | Opening Odds | Current Odds |
|---|---|---|
| Max Verstappen | -600 | -3000 |
| Charles Leclerc | +1000 | +4000 |
| Lando Norris | +1600 | +4000 |
| Lewis Hamilton | +1600 | +100000 |
| Carlos Sainz Jr. | +2500 | +6600 |
| Sergio Perez | +2800 | +2500 |
| George Russell | +3300 | +50000 |
| Fernando Alonso | +4000 | +100000 |
| Oscar Piastri | +6600 | +25000 |
| All Other Drivers | +75000 or Higher | +250000 or Higher |
Formula 1 Odds – 2024 Constructors Championship
| Formula 1 Constructor | Opening Odds | Current Odds |
|---|---|---|
| Red Bull Racing | -650 | -3000 |
| Ferrari | +700 | +800 |
| Mercedes | +900 | +10000 |
| McLaren | +1000 | +5000 |
| Aston Martin | +6600 | +50000 |
| Alpine | +50000 | +250000 |
| VCARB | +50000 | +200000 |
| Williams | +100000 | +250000 |
| Sauber | +100000 | +250000 |
| Haas | +100000 | +250000 |
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