2024 Canadian Grand Prix 2024 Odds, Picks, and Predictions: Will Verstappen Bounce Back?

Max Verstappen has looked vulnerable in recent races, but he remains the man to beat ahead of Sunday's race in Montreal. Find out who else has the best of challenging F1's points leader, as Mad Max seeks answers at the Canadian GP.

Eric Rosales - Betting Analyst at Covers.com
Eric Rosales • Betting Analyst
Jun 8, 2024 • 19:17 ET • 4 min read
Max Verstappen Formula 1
Photo By - USA TODAY Sports

The field is set for Montreal, as the rain held up and the track dried just in time to get in an exciting round of qualifying for the Canadian Grand Prix.

George Russell and his Mercedes emerged with the pole for Sunday’s race. Regardless, points leader Max Verstappen remains the betting favorite ahead of Sunday's race at Circuit Gilles Villeneuve.

See who is challenging his status as driver supreme in the Formula 1 odds and our post-qualifying picks, with the race scheduled for June 9.

Canadian Grand Prix 2024 picks

Pre-practice leans

  • Leclerc to win - bet before qualification
  • Verstappen to win - bet before qualification 
  • Hamilton Top 6 - bet before qualification

Post-qualifying picks

Canadian Grand Prix 2024 odds

Driver Team Opening odds Post-qualifying
Max Verstappen Red Bull -250 -135
Charles Leclerc  Ferrari  +500 +4,000
Lando Norris  McLaren +650 +500
Oscar Piastri McLaren +1,800 +900
Carlos Sainz Ferrari +2,200 +6,500
Sergio Perez Red Bull +2,500 +25,000
Lewis Hamilton Mercedes +5,500 +1,800
George Russell Mercedes +5,500 +330
Fernando Alonso  Aston Martin +15,000 +6,500
Yuki Tsunoda  RB +25,000 +15,000
Lance Stroll Aston Martin +25,000 +15,000
Nico Hulkenberg Haas +30,000 +50,000
Daniel Ricciardo RB +30,000 +13,000
Alexander Albon Williams  +30,000 +20,000
Pierre Gasly  Alpine +40,000 +50,000
Kevin Magnussen Haas +40,000 +50,000
Esteban Ocon Alpine +40,000 +50,000
Valtteri Bottas Kick Sauber +50,000 +50,000
Guanyu Zhou Kick Sauber +50,000 +70,000
Logan Sargeant Williams +50,000 +50,000

Odds courtesy of DraftKings as of 6-8.

Canadian Grand Prix 2024 pre-qualifying favorites

Max Verstappen earned the pole position in each of this season's first seven races, ultimately winning five of them. Charles Leclerc took pole at the Monaco Grand Prix and eventually won, giving Verstappen his second loss in three races after winning four of the opening five events.

With Leclerc and Lando Norris each earning victories, the field feels tighter than it has in ages. Verstappen's dominance has been obviously impressive and otherworldly but it has also relieved F1 of dramatic stakes with him winning almost a foregone conclusion for much of the last two years.

Verstappen has won this race in both years since its return from being canceled due to the COVID-19 pandemic. Neither Leclerc nor Norris finished on the podium in those editions.

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Canadian Grand Prix pre-practice leans

Charles Leclerc to win
(+500 at DraftKings)

Leclerc dotted the podium all season — finishing no worse than fourth in any race — but he finally broke through with a win last week in Monaco.

That was his first win since taking the Austrian Grand Prix in 2022, and the Ferrari driver is now within 31 points of Verstappen in the Driver's Championship.

And yet, bookmakers are wary of him going back-to-back, despite the fact this will be another street circuit — you know, the track he just won on.

Perhaps it has to do with his recent Montreal results, which were more about his moves from the back of the pack to a respectable finish.

Leclerc finished fifth in 2022, though he was as far back as 19th during the race. Similarly, he finished fourth in 2023, having made his way up from 10th. Still, +500 odds for a consistently strong driver this season? That’s worth a sprinkle.
 
Lean: Bet prior to qualification

Max Verstappen to win
(-250 at DraftKings)

There were a lot of reasons why Verstappen plummeted to sixth in Monaco, most notably his Red Bull car’s unwillingness to ride bumps and kerbs around the street circuit. 

Those will also be present in Montreal, so will his team be able to overcome what the driver himself called the car's weakest point? If Verstappen wants to keep some breathing room between him and the other drivers, he has no choice but to.

The track record says you should never count the man out. Even in a year where he’s clearly not as dominant, Verstappen has five wins of eight races, along with a second-place finish in Miami. 

Failing to finish in Australia and a sixth-place finish in Monaco are his only real blemishes, but then such is standard when you entered the year having won 17 of 18 races.

Verstappen hasn't been beaten in back-to-back races since July 2022, winning in Japan after falling in Australia and at Imola after Miami. Even dealing with those bumps and kerbs, he’s worthy of a wager to win outright.

Lean: Bet prior to qualification

Lewis Hamilton Top 6 finish
(+100 at DraftKings)

Consider this a nostalgic pick, but maybe Montreal — the track of such success for Lewis Hamilton — can be a bright spot in what's been a shit season for the legend.

The Circuit Gilles Villeneuve was the site of his first career win, acting as the jump-off point for what would be 103 career wins and seven world championships. The Mercedes driver’s best finish this season is sixth, which he’s done three times, and he’s getting plus odds to hit that mark at the Canadian GP.

Hamilton has finished ninth or better in every race except for an 18th-place finish in Australia, where he retired after just 17 laps with engine failure.

Lean: Bet prior to qualification

Canadian Grand Prix 2024 post-qualifying picks

Max Verstappen to win
(-135 at DraftKings)

After a rough performance last week in Monaco and a shaky leadup to qualifying in Montreal, it seemed like Max Verstappen was destined to not finish first in back-to-back races for the first time since July 2022.

And then came his last run in Q3.

Verstappen’s final qualifying lap of 1:12.000 would have been good for the pole had he done it ahead of Russell, who claimed that time first.

This is only Russell’s second pole position and he’ll be seeking his first win since Brazil in 2022. He’ll be seeing the two-time defending champion of the race in his rearview to start, but for how long? There’s a reason the books have Russell with the second-best odds to win (+333).

Verstappen is in line to pick up his sixth win of the year, and it’s going to be hard to top his dominance on Sunday.

Most team points: Mercedes
(+137 at bet365)

Mercedes arguably had the fastest cars in qualifying. Russell took the top spot and Lewis Hamilton was right there with him for much of the afternoon.

Despite his early success, Hamilton faded slightly to the back of the pack. It didn’t seem to be anything equipment-wise, as the new front wing on both cars seemed to make a big difference. 

If Hamilton can clean up some of the inconsistencies that dropped him down the line, Mercedes could enjoy its best points outing of the season.

Their only real competition is McLaren, as Lando Norris and Oscar Piastri own Row 2 after a solid day of qualifying. While Norris is riding along with the top guys — he finished just .021 seconds off the pole — Piastri might be the link that slips.

He’s coming off his best finish of the year with a second-place showing in Monaco, but that’s Piastri's only podium, having placed eighth or worse in four other races this season. I like the Mercedes teammates to be dabbling with the frontrunners all Sunday in Montreal.

Canadian Grand Prix 2024 starting grid

Position Driver Position Driver
1 George Russell 2 Max Verstappen
3 Lando Norris 4 Oscar Piastri
5 Daniel Ricciardo 6 Fernando Alonso
7 Lewis Hamilton 8 Yuki Tsunoda
9 Lance Stroll 10 Alexander Albon
11 Charles Leclerc 12 Carlos Sainz
13 Logan Sargeant 14 Kevin Magnussen
15 Pierre Gasly 16 Sergio Perez
17 Valtteri Bottas 18 Nico Hulkenberg
19 Zhou Guanyu 20 Esteban Ocon

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Previous Canadian Grand Prix winners

Year Driver Team
2023 Max Verstappen Red Bull
2022 Max Verstappen Red Bull
2021 Not Held COVID-19
2020 Not Held COVID-19
2019 Lewis Hamilton Mercedes

Understanding F1 betting odds

The most popular way to bet on Formula 1 odds is by simply picking the winner of a particular race. Other popular F1 betting options include which car/constructor will win and whether or not a particular race car driver will end up on the podium with a Top-3 finish.

F1 race odds usually look like this:

  • Sergio Perez +1,400

This means that on a $100 bet, you'll stand to profit $1,400 if Perez wins that particular race. If one driver is especially dominant, you might see a minus sign (-) ahead of that driver's odds like this:

  • Max Verstappen -120

This means that you would need to bet $120 to win $100 on Verstappen winning the race.

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Eric Rosales - Covers
Betting Analyst

Eric has been involved in sports media in many different capacities since graduating from journalism school in 1999, back when getting your own column in a newspaper was still considered a thing. He doubled down and graduated from broadcast journalism school five years later, which led to a move to Toronto and a career with The Sports Network (TSN). From behind-the-scenes production work, he moved into the digital realm, where he had his own hoops column (At the Buzzer), while regularly live streaming and chatting with fans during broadcasts as the character known as LeBlog James. He was also a key contributor to TSN and CTV’s Olympic programming during the 2012 London Games.

Eric eventually found his way into the sports betting field in 2016 and has been a mainstay ever since. He was tagged on Twitter as a Top 10 NBA sharp during the 2021 season and has been interviewed about basketball and his handicapping process on shows from Vancouver to India. Eric is now a jack-of-all-sports at Covers, where his predictions span the alphabet soup: NFL, NBA, MLB, NHL, F1, WNBA, Euro, and Copa.

When making picks, he focuses on finding value first and foremost, and ensuring readers have all the information they need to make an informed choice.

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