F1 Odds For Las Vegas Race Weekend: BetMGM Projects All-Time Formula 1 Betting Interest

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Written By Giovanni Shorter on November 16, 2023
f1 odds las vegas

BetMGM is anticipating a record-breaking sports betting handle for the upcoming Formula 1 race in Las Vegas. With its mobile operation now live in 26 markets and nine retail sportsbooks near the race on the Vegas strip, bettors are expected to jump on F1 odds. This could be the largest handle for any Formula 1 racing event in the company’s history.

TheLines.com has assembled the best available F1 odds for several futures and prop bets below. Click to bet now.

Formula 1 Las Vegas Race Winner Odds

Max Verstappen currently sits with the shortest odds to win but has seen his line grow longer as the race approaches. Verstappen opened with -350 to win, but the line continues to move as other racers’ lines shorten. Charles Leclerc (opened at +2200) and Fernando Alonso (opened at +4000) have seen their lines shorten the most.

Race Winner: Verstappen vs. The Field

Despite this shift in odds, Verstappen remains the favorite vs. the field. Verstappen is the 2021, 2022, and 203 Formula 1 World Champion. Unsurprisingly, he is the only racer with minus odds headed into Sunday’s race.

Race Winner Without Verstappen

The racer with the second shortest odds, Lando Norris, is seeing the most rickets with 15%, as well as the highest handle with 58.6% of the total money.

Betting On Top Finishes And Fastest Lap

Outside of simply betting on the outright winners, there is much value in betting on select racers to finish in the top 3 and top 6. The most bet props ticket headed into the race is for Sergio Perez to finish in the top 3.

To Finish Top 3

To Finish Top 6

Fastest Lap Odds

Bettors can also find value in betting on the fastest lap. Odds are live for both individual racers as well as betting on the team. With Max Verstappen on team Red Bull, both he and Red Bull are favored in those categories.

Driver Odds For Fastest Lap

Race Team Odds For Fastest Lap

F1 Las Vegas Race Week Photo Gallery

BetMGM Sportsbook To Break Records

The race on Las Vegas Street Circuit will begin on Sunday, Nov. 19, at 1 a.m. ET. At the BetMGM Sportsbook, fans can find odds for the Las Vegas Race right now. With the action bettors are placing already, the lines have begun shifting.

“Race weekend in Las Vegas has the potential to shatter every company record for the sport,” said BetMGM Chief Revenue Officer Matt Prevost. “Popularity for automotive sports in the U.S. continues to grow, and the activity we’re already seeing around this event is remarkable.”

Bettors can find F1 odds for the markets above, plus even more at BetMGM.

  • Join TheLines.com’s free sports betting Discord with more than 4,000 community members and our staff sharing betting ideas every day. Go to the #roles server to get push notifications to the Discord app from TheLines.com staff when they lock in a bet.

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