The pinnacle of motor sports returns to the Sports and Entertainment Capital of the World November 21-23, and the second straight can’t miss race of the year on the transformed Las Vegas Strip. The gamble in Sin City paid off last year in Formula One’s biggest bet, and racing fans are ready for more watch and wager action along the Las Vegas Strip.
The Formula 1 Las Vegas Grand Prix’s 3.8-mile track weaves past world-famous landmarks at the Sphere and speeds down Las Vegas Blvd. past Caesars Palace, the Bellagio Fountains, and Paris Las Vegas. Fans pack the grand stands as drivers race through the neon heart of The Strip at speeds of up to 217 mph.
How Does Betting Work For F1?
Betting on Formula One involves predicting outcomes. Wagering on the winner of the race is most popular, and bettors only need to decide the winner of each race. But podium finishes, winning driver team, fastest lap times, and head-to-head matchups between drivers will draw more interest as matchups are released by select online sportsbooks ahead of the race.
When Is The Las Vegas Grand Prix And When Should You Place Bets for F1?
The Las Vegas Grand Prix race is Saturday, Nov. 23 at 10 p.m. local Pacific time. The late start time enables the race to showcase Las Vegas’s legendary nightlife and attractions, Sphere and High Roller, Bellagio Fountains and the lights on the Las Vegas Strip.
There are practice sessions Thursday and Friday night, and The Las Vegas Grand Prix added a Ferrari Challenge to its race weekend schedule with races Friday and Saturday night lasting about 35 minutes each.
Bets can be placed weeks ahead of the race for the outright winner. But more options to bet on race drivers will be offered closer to the race. Betting on race driver matchups and/or racing teams and fastest lap is recommended Friday or Saturday of race day as practice rounds are completed.
What Sites/Apps Are Good For Betting?
A look at the leading online sportsbooks and offerings including bonus bets will assist you in determining where you can bet on F1. Las Vegas has host properties under Caesars and MGM brands that also have mobile Apps. Circa Sports offers a user-friendly app for bettors in Nevada, and is most popular during football season with its huge pro football contests, largest three-story sportsbook and Stadium Swim with six pools, massive 40-foot tall high-definition sports screen and panoramic views of Las Vegas and The Strip.
FanDuel and Draftkings are industry leaders with more betting menu options offered for sports bettors and F1 racing fans looking for more watch and wager options.
The Best Las Vegas Sportsbooks
The action comedy movie thriller Action! Action! had it’s premier in downtown Las Vegas last week. It features high speed car racing and car chases on the streets of downtown Las Vegas.
Who Are The Current Favorites?
Lando Norris (#4) and last year’s Las Vegas Grand Prix champion Max Verstappen (#1) are the co-favorites to win the 2024 event. Last year’s runner-up Charles Leclerc (#16) is a top win contender.
Verstappen is a Dutch and Belgium racing driver competing under the Dutch flag in Formula One for Red Bull Racing. Verstappen has won three Formula One World Drivers’ Championship titles. He won the recent Autodromo Interlagos in Brazil in November.
Norris is a British racing driver competing in Formula One for McLaren. He did not finish last year’s race in Las Vegas.
Leclerc is a Monegasque racing driver competing in Formula One for Ferrari. Leclerc was runner-up in the Formula One World Drivers’ Championship in 2022. Recently, Leclerc was the winner of the US Grand Prix just two races ago, and his odds to win the Las Vegas Grand Prix have dropped from +310 to +250 and reflect his recent win and podium finishes in six of the last eight events.
Sainz is a Spanish racing driver who is leaving Ferrari at the end of the year to make way for seven times world champion Lewis Hamilton, arriving from Mercedes.
What Are The Current Odds?
Motor sports and Formula 1 Las Vegas Grand Prix odds from FanDuel Sportsbook refresh periodically and are subject to change, including on props and live betting. Bet types, odds and terms. Odds are Outright Winner on Driver.
- +220: Lando Norris (McLaren), Max Verstappen (Red Bull)
- +250: Charles Leclerc (Ferrari)
- +600: Carlos Sainz (Ferrari)
- +1200: Oscar Piastri (McLaren)
- +2800: Lewis Hamilton, George Russell (both Mercedes)
- +11000: Sergio Perez (Red Bull)
- +20000: Kevin Magnussen, Hulkenberg (both Haas), Fernando Alonso (Alpine)
- +42000: Guanyu Zhou, Liam Lawson (RB), Lance Stroll (Astin Martin)
- +42000: Yuki Tsunoda (RB), Valtteri Bottas, Esteban Ocon (Alpine)
- +42000: Alex Albon, Franco Colapinto (both Williams), Pierre Gasly
FanDuel reports the following betting action to win and driver interest from its customer.
- Top bet count: Verstappen, Piastri and Leclerc.
- Top handle (money): Piastri, Verstappen, Leclerc.
ESPN will be airing every moment from the F1 Las Vegas Grand Prix with live stream available on ESPN+.
Podium Finish
- Top-3 finish
- -270: Norris, Verstappen
- -200: Leclerc
- -150: Sainz
- +220: Piastri
- +750: Hamilton, Russell
- +1800: Perez
- +3200: Magnussen, Alonso, Hulkenberg
- +7000: Tsunoda, Lawson
- +10000: Stroll, Ocon, Bottas, Gasly, Albon, Zhou, Colapinto
Team Of Winning Driver
- +160: Ferrari
- +175: McLaren
- +210: Red Bull
- +1300: Mercedes
- +10000: Haas
- +12000: Astin Martin
Additional markets will be available closer to the race.
The Las Vegas Grand Prix is a potential title decider this year. Red Bull’s Max Verstappen is 62 points clear of McLaren’s Lando Norris with three races remaining. A F1 win by Verstappen in Las Vegas (25 points) would secure him the 2024 drivers’ championship.
You can bet on it.
MORE FROM FORBES