2023 F1 World Championship Season Predictions, Best Betting Odds & Tips (March 5 – November 26)

2023 Formula One World Championship Betting Tips, Predictions & Odds

Formula One finally returns in March with the 74th edition, starting with the Bahrain Grand Prix. A big season awaits us, and it would be interesting to see if Max Verstappen extends his dominance this year. The preseason testing is a pointer to the fact that this season will be very competitive.

Key Info About The F1 Championship Season 2023

The 2023 F1 World Championship is due to be contested over twenty-three Grands Prix, which will be held in different parts of the world and is scheduled to begin in March and end in November. F1 Bahrain Grand Prix 2023 marks the beginning, while the final race features the 2023 F1 Abu Dhabi Grand Prix.

Tournament: 2023 Formula One World Championship
Format: 23 Races of the Regular Season, Points for Top Race and Sprint Performers
Venues: 23 Circuits across all Continents
Dates: 5 March to 26 November 2023

2023 F1 Drivers Championship Odds to Win the Season

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As expected, Max Verstappen is the firm favorite to win the Drivers Championship after his dominant display last season. Lewis Hamilton had one of his worst seasons last year and would be eager for a good display. Charles Leclerc, George Russell, and Carlos Sainz complete the top five favorites to win the Drivers Championship.

  • Max Verstappen @ 1.67 (4/6)
  • Lewis Hamilton @ 4.20 (16/5)
  • Charles Leclerc @ 6.00 (5/1)
  • George Russell @ 8.50 (15/2)
  • Carlos Sainz @ 20.00 (19/1)

Max Verstappen @ 1.67 (4/6)

Max Verstappen finished the 2022 season as the best driver and was ahead of Charles Leclerc by a whopping 146 points. He had 15 race wins last season and was on the podium in more than 70% of the F1 races he participated in. Max Verstappen would be aiming for a third consecutive Drivers Championship title as the favorite.

Max Verstappen Celebrating in 2022

Lewis Hamilton @ 4.20 (16/5)

The bookmakers cannot overlook Lewis Hamilton due to his experience. He failed to secure any race win for the first time in his career last season, finishing sixth with just nine appearances on the podium. Lewis Hamilton is well-motivated for the 2023 season and has a chance to become the driver with the most championship titles in history.

Charles Leclerc @ 6.00 (5/1)

Charles Leclerc is another driver who impressed in the last edition of Formula One. He finished in second position behind Max Verstappen with 308 points, and three race wins to his name. Charles Leclerc is still searching for his first Driver’s Championship title and would be hopeful after his finish last year, but he still needs improvement.

George Russell @ 8.50 (15/2)

George Russell has seen very notable progress in his career. He finished in the top 20, on rank 18 in 2020. Last year, he finished in the first five with 275 points. George Russell has one race win and nine career podium finishes. The British racing driver is still garnering experience, but he is capable of challenging the best drivers in Formula One.

Carlos Sainz @ 20.00 (19/1)

Carlos Sainz bagged a top-five finish by a narrow margin last year, finishing six points ahead of Lewis Hamilton. There are no doubts that Monaco bookies will see the splash of bets on their motorsports racing driver, who is yet to win the Drivers Championship title but is among the real contenders to win it in 2023.

2023 F1 Constructor Championship Odds to Win

According to the sports bookmakers, Red Bull and Mercedes are the two favorites for the Constructors Championship title this season. Both constructors had over 500 points last term, but Red Bull was the more dominant side, winning the title with 759 points.

  • Red Bull @ 1.91 (10/11)
  • Mercedes @2.38 (11/8)
  • Ferrari @ 6.50 (11/2)
  • McLaren @ 126.00 (125/1)
  • Alpine @ @ 126.00 (125/1)

Red Bull @ 1.91 (10/11)

Red Bulls are strong contenders to win the Constructors Championship title once again. They are the current champions after winning their fifth title last year, but they aren’t clear outright favorites here with Mercedes having slightly bigger odds.

Mercedes @ 2.38 (11/8)

Mercedes has a good record when it comes to Constructors Championship wins in the last decade. They have a total of eight titles, with the last one coming in 2021. Despite their troubles in 2022, Mercedes is still among the favorite to win the Constructors Championship.

Ferrari @ 6.50 (11/2)

Ferrari was not as reliable as other cars last year, affecting their odds here. Since consecutive wins in 2007 and 2008, Ferrari has yet to win the Constructors Championship title, but they can be hopeful with Charles Leclerc and Carlos Sainz. Still, Italian bookmakers will surely persuade their flagship constructor is in the race.

Sainz and Leclerc Discussing How Can Ferrari Surprise Red Bull and Mercedes

McLaren @ 126.00 (125/1)

McLaren has not won the Constructors Championship since 1998. They finished fifth on the Constructors Championship points table last season with 159 points, and they are just in the top five favorites to win the Constructors Championship.

Alpine @ 126.00 (125/1)

Alpine debuted in the 2021 Bahrain Grand Prix. They have just one race victory, and two podium finishes since their debut. Last season was still seen as a success for them as they finished fourth in the Constructors Championship standings.

History of The Formula One Car Racing Competition

F1 Drivers Championship

The Drivers’ Championship is the centerpiece of action in Formula One. There have been 73 editions of the Driver’s championship with 34 different winners. At the end of the season, the driver with the most points from the 23 races is awarded the Driver’s Championship title. Both Michael Schumacher and recent UK bookies favorite Lewis Hamilton won the competition 7 times each, while Max Verstappen is the current champion with two consecutive titles.

Past Winners of Drivers Championship Formula 1

2022 1st: Max Verstappen
2nd: Charles Leclerc
3rd: Sergio Perez
2021 1st: Max Verstappen
2nd: Lewis Hamilton
3rd: Valtteri Bottas
2020 1st: Lewis Hamilton
2nd: Valtteri Bottas
3rd: Max Verstappen
2019 1st: Lewis Hamilton
2nd: Valtteri Bottas
3rd: Max Verstappen
2018 1st: Lewis Hamilton
2nd: Sebastian Vettel
3rd: Kimi Räikkönen

F1 Constructors Championship

Like the Driver’s Championship, the Constructors Championship title is also awarded based on a point system from the races. Traditionally, German betting sites rely on the last ten years’ stats and believe their representative will return this season. Still, Italian Ferrari holds the record for the most Constructors Championship titles, while Red Bull is the present winner.

Past Winners of Constructors Championship Formula 1

2022 1st: Red Bull Racing RBPT
2nd: Ferrari
3rd: Mercedes
2021 1st: Mercedes
2nd: Red Bull Racing Honda
3rd: Ferrari
2020 1st: Mercedes
2nd: Red Bull Racing Honda
3rd: McLaren Renault
2019 1st: Mercedes
2nd: Ferrari
3rd: Red Bull Racing Honda
2018 1st: Mercedes
2nd: Ferrari
3rd: Red Bull Racing Tag Heuer

Formula One 2023 Season Schedule (GP Name, Circuit, Date)

The 74th edition of the Formula One season has various race tracks in Australia, Europe, Asia, South America, and North America.

Race # 2023 F1 Grand Prix Circuit Name GP’s Date
1 Bahrain Grand Prix Bahrain International Circuit, Sakhir 5 March 2023
2 Saudi Arabian Grand Prix Jeddah Corniche Circuit, Jeddah 19 March 2023
3 Australian Grand Prix Albert Park Circuit, Melbourne 2 April 2023
4 Azerbaijan Grand Prix Baku City Circuit, Baku 30 April 2023
5 Miami Grand Prix Miami International Autodrome, Miami Gardens 7 May 2023
6 Emilia Romagna Grand Prix Imola Circuit, Imola 21 May 2023
7 Monaco Grand Prix Circuit de Monaco, Monaco 28 May 2023
8 Spanish Grand Prix Circuit de Barcelona-Catalunya, Montmelo 4 June 2023
9 Canadian Grand Prix Circuit Gilles Villeneuve, Montreal 18 June 2023
10 Austrian Grand Prix Red Bull Ring, Spielberg 2 July 2023
11 British Grand Prix Silverstone Circuit, Silverstone 9 July 2023
12 Hungarian Grand Prix Hungaroring, Mogyorod 23 July 2023
13 Belgian Grand Prix Circuit de Spa-Francorchamps, Stavelot 30 July 2023
14 Dutch Grand Prix Circuit Zandvoort, Zandvoort 27 August 2023
15 Italian Grand Prix Monza Circuit, Monza 3 September 2023
16 Singapore Grand Prix Marina Bay Street Circuit, Singapore 17 September 2023
17 Japanese Grand Prix Suzuka International Racing Course, Suzuka 24 September 2023
18 Qatar Grand Prix Lusail International Circuit, Lusail 8 October 2023
19 United States Grand Prix Circuit of the Americas, Austin, Texas 22 October 2023
20 Mexico City Grand Prix Autódromo Hermanos Rodríguez, Mexico 29 October 2023
21 Las Vegas Grand Prix Interlagos Circuit, Sao Paolo 5 November 2023
22 São Paulo Grand Prix Las Vegas Street Circuit, Las Vegas, Nevada 18 November 2023
23 Abu Dhabi Grand Prix Yas Marina Circuit, Abu Dhabi 26 November 2023

The Formula One race tracks have their uniqueness, and the drivers would be looking to take advantage of this, starting from the Bahrain Grand Prix to the Grand finale in Abu Dhabi.

Drivers Championship 2023 F1 Betting Tips

Max Verstappen to Win Drivers’ Championship @ 1.67 (4/6)

Backed by the auto racing bookmakers and most of the fans, Max Verstappen enters this season as the favorite. When you look at his performances last season, you understand why this is so. The Red Bull driver has won eight of his last ten Formula One races and is the current holder of the Drivers Championship title. Max Verstappen won his first Driver’s Championship in 2021 and had a better tournament in 2022 to win his second consecutive title. Currently, no driver is better than Max Verstappen, and a bet on the Dutchman to win a third title is the best option on F1 betting.

Lewis Hamilton to Finish Top-10 in All Races @ 25.00 (24/1)

Lewis Hamilton had 18 top ten finishes out of 23 races last season; fourteen out of those finishes were top-5 finishes. This is very impressive because he wasn’t at his best last year but still managed to stay competitive. The Englishman last won the Driver’s Championship in 2020 and would be looking to get all the points he can from every race. Lewis Hamilton has enough quality and experience that can even bag him the Drivers Championship. The odds for Lewis Hamilton to score points in all the F1 Championship races this season is worth the value.

F1 Bahrain Grand Prix Winner – Max Verstappen @ 1.83 (5/6)

Max Verstappen is still basking in his glory from last season, but the Dutchman knows that there isn’t room for slip-ups with the other drivers looking to get a good start in Bahrain. He is the most in-form driver currently and is the one who heads into this tournament with the most momentum. Max Verstappen won 15 out of 23 races last season, the most race wins for any driver, and he is likely to carry that form into the Bahrain Grand Prix. Backing Max Verstappen to win the first Grand Prix of this season is a very valuable short-term bet on F1 racing.

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Constructor Championship 2023 F1 Betting Tips

Red Bull to Win Constructors Championship 1.91 (10/11)

After eight years of Mercedes dominance in the Constructors Championship, Red Bull won their first title since 2013 by putting on a great show last season in the F1 Championship. They already had the best driver in Max Verstappen, and their advantage increased with the performances of Sergio Perez, who claimed third position and wasn’t far off the top two. They are slightly priced as favorites, and with Max Verstappen and Sergio Perez in good condition, Red Bull can retain their Constructors Championship title.

Mercedes Double Podium in 8+ Races @ 3.00 (2/1)

Mercedes didn’t have a great start in the previous F1 Championship, but they did well towards the end and are a strong contender. Despite experiencing car troubles and drivers underperforming, Mercedes managed three double podium finishes, most of which were in the latter races of the season. It means they finally got a strategy that can be worth some Bitcoin betting investment. Lewis Hamilton and George Russell are two of the top five favorites, putting Mercedes in a good position to score a double podium in at least eight races.

Hamilton and Russel Will Try to Reclaim the Constructors Crown in 2023

Final Constructors Championship Standings – Top Three Finish – Ferrari @ 1.73 (8/11)

Ferrari didn’t have a great season in the 2022 Formula One, but they are still a competitive side that can easily get a top three finish. Last year, they finished second behind Red Bull by more than 200 points. There isn’t much change in drivers representing the big five teams this year, and Ferrari can retain their place in the top three. A bet on Ferrari to clinch a place in the top three at the end of the season is a good choice of bet.

Our Season 2023 Formula One Betting Picks

With 23 races in the Formula One season, there are good betting picks for the season. Below are the best expert betting tips on the 2023 F1 season:

  • Max Verstappen to win Drivers’ Championship @ 1.67 (4/6)
  • Red Bull to win Constructors Championship 1.91 (10/11)

Formula One is back in action after the break. The new season begins with a lot of expectations and good offers from the bookmakers. You can get the best offer from the new season by using our expert F1 betting tips and predictions.

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Sergio is our CEO and betting expert. He is a big football fan. Sergio is the guy that runs it all and the one who got the BetZillion idea. Sergio’s favourite sports include football, handball, futsal, American football, and boxing.

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