F1 World Drivers' Championship Odds: Reign O'er Me

Max Verstappen appears to have a fourth straight Drivers' Championship sewn up despite Lando Norris' best efforts. Meanwhile, McLaren has emerged as the clear frontrunner to end Red Bull's stranglehold on the Constructors' Championship.

Robert Criscola - Contributor at Covers.com
Robert Criscola • Publishing Editor
Nov 4, 2024 • 10:43 ET • 4 min read
F1 Max Verstappen Red Bull
Photo By - USA TODAY Sports

Max Verstappen snapped a 10-race losing streak in style at the Sao Paolo Grand Prix while Lando Norris checked in sixth to extend his lead in the Drivers' Championship standings to 62 points. With only three races remaining, it looks like Verstappen has his fourth straight title in the bag.

Meanwhile, McLaren holds as the clear betting favorite in the Constructors' Championship odds, with Ferrari trying to stay in the hunt.

Here are the latest F1 odds.

2024 F1 Drivers' Championship odds

Player FanDuel bet365 Caesars
Red Bull Max Verstappen -6,000 -5,000 -5,000
McLaren Lando Norris +1,800 +1,600 +1,800
Ferrari Charles Leclerc +11,000 OTB OTB

Odds as of 11-4.

2024 F1 Drivers' Championship favorites

Max Verstappen (-5,000 to -6,000)

Max Verstappen couldn't have asked for a better result in the Sao Paolo GP. After rolling off the grid in 17th, Verstappen navigated the wet conditions, took the lead, and pulled away to a near-20 second victory.

Verstappen's odds dropped dramatically from around -500 to the -5,000 range as he grew his lead with only three races to go in the 2024 season.

Lando Norris (+1,600 to +1,800)

Lando Norris missed hitting the podium for the third time in five races as he once again lost ground to Verstappen with a sixth in Sao Paolo.

Norris' odds soared from the +300 range to approximately +1,600. 

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2024 F1 Constructors' Championship odds

The 2023 season was an all-time triumph for Red Bull, as it won 21 of 22 races. Red Bull started off the 2024 season in charge but is fading badly down the stretch as McLaren has taken over.

Constructor FanDuel
McLaren -800
Ferrari +460
Red Bull +6,500

Odds as of 11-4.

Past F1 Drivers' Champions 

The 2010s began with a dynastic run for Red Bull and Sebastian Vettel, and history may be repeating itself. Max Verstappen has won three consecutive Drivers' Championships, and is favored to make it four in a row.

Year F1 World Champion Runner-up
2023 Max Verstappen Sergio Perez
2022 Max Verstappen Charles Leclerc
2021 Max Verstappen Lewis Hamilton
2020 Lewis Hamilton Valtteri Bottas
2019 Lewis Hamilton Valtteri Bottas
2018 Lewis Hamilton Sebastian Vettel
2017 Lewis Hamilton Sebastian Vettel
2016 Nico Rosberg Lewis Hamilton
2015 Lewis Hamilton Nico Rosberg
2014 Lewis Hamilton Nico Rosberg

Past F1 Constructors' Championship winners

Mercedes had won the Constructors' Championship in eight straight seasons before Red Bull finally returned to the mountain top in 2022. They were totally dominant in 2023, but a third straight win this season is slipping away thanks to McLaren's mid-season rise to power.

Years Constructors' Champion Runner-up
2023 Red Bull Racing Mercedes
2022 Red Bull Racing Ferrari
2021 Mercedes Red Bull Racing-Honda
2020 Mercedes  Red Bull Racing-Honda
2019 Mercedes Ferrari
2018 Mercedes Ferrari
2017 Mercedes Ferrari
2016 Mercedes Red Bull Racing Tag Heuer
2015 Mercedes Ferrari
2014 Mercedes Red Bull Racing Renault

How to bet on F1 futures odds

The most popular way to bet Formula One futures is by simply picking the winner of the F1 World Drivers' Championship. The champion is crowned via a points system based on the final race results of each drive. While the winner is not officially given the title until the final race of the season they can secure the championship with races remaining on the schedule. 

Another F1 futures bet is the World Constructors' Championship which is awarded to the constructor (the team that builds the components of the car) who accumulates the most points at the end of the season. In 63 seasons, only 11 times has the winning constructor not been on the same team as the winner of the World Drivers' Championship.

F1 futures odds will usually look like this:

  • Lando Norris +1,200

This means that on a $100 bet, you'll stand to profit $1,200 if Norris wins the Drivers' Championship. If it's close to the end of the season or one driver is simply that dominant, you might see a minus sign (-) ahead of their odds. 

  • Lewis Hamilton -175

This means that you would need to bet $175 to win $100 on Hamilton winning the Drivers' Championship.

F1 Odds FAQs

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Robert Criscola - Covers.com
Publishing Editor

Robert M. Criscola’s road to becoming a Covers publishing editor began with an internship at Metro New York, which eventually turned into a freelance job at MetroBet covering many sports from a wagering angle, including horse racing. He continued to focus on “The Sport of Kings” by writing for shapperdacapper.com, danonymousracing.com, and informer.fanxt.com before joining the team at the TwinSpires Edge in 2019 as a regular contributor and weekend editor. “Crisco” began writing game previews for Covers in 2022 and joined the editing team in 2023.

His best advice for sports bettors? Bet with your head, not over it.

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