Formula 1 Australian Grand Prix 2023 Betting Odds, Predictions & Winning Tips (April 2)

F1 Australian Grand Prix 2023 Betting Tips & Predictions

Melbourne is the latest host of the 2023 Formula One season, with the Australian Grand Prix coming as the third event in the F1 calendar. Sergio Perez shook things up at the last event in Saudi Arabia, and other drivers would be looking to follow suit after a dominant year from Max Verstappen.

Key Info About The 2023 Australian GP Formula 1

The 2023 Australian Grand Prix features the 86th edition of this event, and it is one of the oldest Grand Prix races in Formula One history. It kicks off with the free practice on Friday and ends with the race on Sunday at Albert Park.

Event: Formula 1 Australian Grand Prix 2023
Racetrack: Albert Park Circuit, Melbourne, Australia
Date: 2 April 2023
Time: 3:00 p.m. AEST on Sunday

Formula 1 Australian GP 2023 Odds

It doesn’t look like the auto racing bookmakers would change their stance on Max Verstappen anytime soon. The Dutch driver is still the favorite here despite missing out on the top spot in the Saudi Arabian GP in March. Sergio Perez grabs the second spot on the odds list while Lewis Hamilton scrapes into the top five.

  • Max Verstappen @ 1.40 (2/5)
  • Sergio Perez @ 8.50 (15/2)
  • Fernando Alonso @ 11.00 (10/1)
  • Charles Leclerc @ 21.00 (20/1)
  • Lewis Hamilton @ 36.00 (35/1)

Max Verstappen @ 1.40 (2/5)

The Saudi Arabian GP wasn’t an easy one for Max Verstappen as he was denied a third consecutive F1 race win by his Red Bull teammate, Sergio Perez. Max Verstappen already has a race win this season, and his performance at the Jeddah Corniche Circuit wasn’t bad, which makes him the top favorite here.

Sergio Perez @ 8.50 (15/2)

Sergio Perez continued his great trajectory to bag his first race win since his triumph in the Singapore Grand Prix last October. The Mexican driver finished second in the F1 season opener in Bahrain in what was a very competitive race. His reward came much sooner than expected with the victory in the Saudi Arabia Grand Prix.

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Fernando Alonso @ 11.00 (10/1)

Fernando Alonso is having a better season, and once again, he proved that his performance in the Bahrain Grand Prix wasn’t just luck. The Spanish driver has now secured back-to-back podium finishes in Formula One this season. His performances with Aston Martin have seen him crack into the top five favorites in the last two races.

Charles Leclerc @ 21.00 (20/1)

Charles Leclerc had a good finish to the last Formula One season, and there were high hopes ahead of the 2023 edition, but he hasn’t lived up to expectations. He ranked outside the top ten in the Bahrain Grand Prix, which was mainly due to engine failure, but he couldn’t make the podium last time in the Saudi Arabia GP.

Lewis Hamilton @ 36.00 (35/1)

Lewis Hamilton has now gone two races this season without making the podium, and things aren’t looking good for the British driver. However, he has gotten two consecutive point finishes with consecutive fifth-place rankings in Formula One this year. Lewis Hamilton’s experience still earns him a respectable place among the books.

2023 F1 Australian Grand Prix Preview

Albert Park Grand Prix Circuit Track Analysis

The Albert Park Grand Prix Circuit is a motorsport street circuit located around Albert Park Lake. It is one of the oldest race tracks and hosts over five different races, including the Australian Grand Prix. This racetrack is 5.278 km long and has 14 turns, a slight reduction from the measurements two years ago. The Albert Park Grand Circuit is unique in that the tracks are usually public roads.

Past Australian Grand Prix Winners

Michael Schumacher and Lex Davison are the drivers with the most wins in the Australian Grand Prix, with four wins each in this tournament. Charles Leclerc won the last edition of this tournament, and he also holds the record for the fastest lap in the Australian Grand Prix. But with no surprise from the Australian online bookies, Verstappen is by far the most expected winner, which can be his maiden one in Melbourne.

  • 2022: Charles Leclerc
  • 2021: Not held due to COVID-19 pandemic
  • 2020: Not held due to COVID-19 pandemic
  • 2019: Valtteri Bottas
  • 2018: Sebastian Vettel

2023 F1 Australian GP Betting Tips

The F1 Grand Prix has some exciting options for you with the event in Jeddah, and these are some of the best picks from experts in this race.

Podium Finish – Fernando Alonso @ 1.73 (8/11)

Fernando Alonso has impressed a lot this season, and it’s difficult to overlook his Formula One performance this year. The Spaniard has been in the top three in both F1 races this season, and he is the best chance Aston Martin has at winning anything this season. In his last two Formula One races, Fernando Alonso finished third with a good gap over fourth place in both races.

He was brilliant in the Saudi Arabian GP despite suffering a five-second penalty for not placing his car correctly in its grid slot at the start of the race. Backing Fernando Alonso to grab a third consecutive podium finish in Melbourne is a good bet on F1 Australian Grand Prix.

Race Winner – Sergio Perez @ 8.50 (15/2)

It’s not often you go against Max Verstappen to win a Formula One race, but Sergio Perez has been a worthy challenger this year, and they are both tied on one race win each this season. Sergio Perez beat his Red Bull teammate to win the Saudi Arabian GP, and his time record was faster than Max Verstappen’s in the Bahrain GP. The odds of Sergio Perez winning the Australian Grand Prix should even be lesser, and he’s worth the gamble on F1 online betting.

Top Six Finish – Lewis Hamilton @ 1.44 (4/9)

These are decent odds for Lewis Hamilton here, and honestly speaking, he has finished in the top five twice this season, and it wasn’t even his best performance. Lewis Hamilton didn’t win a race in the Formula One last season, and he’d be looking to end that record as soon as possible. He has shown signs of improvement in his last two races, and a top-six finish should come easy for the British motorsports racing driver.

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Our F1 Australian Grand Prix Predictions

With two different winners in two races, the Formula One season is competitive and has great offers from the bookmakers. We have compiled the best Formula 1 tips for this race. Below are the expert betting predictions on F1 Australian Grand Prix 2023:

  • Podium Finish – Fernando Alonso @ 1.73 (8/11)
  • Race Winner – Sergio Perez @ 8.50 (15/2)

The Australian Grand Prix follows suit in Melbourne this weekend with a range of exciting options from the bookies. Using our expert betting tips and predictions, you can make extra cash from this event.

Content Writer

Austin is an avid Barcelona fan with a great interest in sports and sports medicine. He has a wealth of experience in the sports betting industry and has been featured on football quizzes.

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