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Formula 1 Monaco Grand Prix 2023 Betting Odds, Predictions & Winning Tips (May 28)

F1 Monaco Grand Prix 2023 Betting Tips & Predictions

Formula 1 returns to action this weekend in France with the Monaco Grand Prix. The previous race on the F1 calendar was scheduled to be held at Imola but got postponed due to the flooding in the Italian region. This week’s event marks the 80th edition of the Monaco Grand Prix, and it is one of the most-watched races in the Formula One season.

Key Info About The 2023 Monaco GP Formula 1

Formula 1 fans expect the Monaco GP 2023 with special attention after the race in Italy was canceled. Can Red Bull drivers extend their domination of the season, or it’s time for the old lions like Hamilton and Alonso to shine on the difficult track? Maybe the local Charles Leclerc would finally show why was he among the favorites before the F1 season start?

The Monaco Grand Prix takes place at the Circuit de Monaco, and it begins with the practice race on Friday, but the main event kicks off on Sunday.

ℹ️ Tournament: Formula 1 Monaco Grand Prix 2023
🏟️ Venue: Circuit de Monaco, Monte Carlo, France
🗓️ Date: 28 May 2023
⏰ Time: 3:00 p.m. GMT on Sunday

Formula 1 Monaco GP 2023 Odds

The Red Bull drivers dominate the odds list for this week’s event in Monaco. Max Verstappen is ahead of Sergio Perez, and they would be the centerpiece of action in this race. Charles Leclerc and Fernando Alonso are just behind the pair, and the odds do not favor Lewis Hamilton in this tournament.

  • Max Verstappen @ 2.25 (5/4)
  • Sergio Perez @ 5.00 (4/1)
  • Charles Leclerc @ 6.00 (5/1)
  • Fernando Alonso @ 8.00 (7/1)
  • Lewis Hamilton @ 29.00 (28/1)

Max Verstappen @ 2.25 (5/4)

Max Verstappen has won three out of five Formula One races this season, and he is better than the rest of the pack. His last win came at the Miami Grand Prix, and he leads the standings for the drivers this season. The Dutchman is the favorite to retain his driver’s title, and he would be looking to extend the gap between him and Sergio Perez.

Sergio Perez @ 5.00 (4/1)

Sergio Perez is the closest competitor Max Verstappen has, and he is just one race-win behind his fellow Red Bull teammate this season. The 33-year-old has been on the podium in his last two races, and his last victory was at the Baku City Circuit in the Azerbaijan Grand Prix.

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Charles Leclerc @ 6.00 (5/1)

Charles Leclerc had a slow start to the Formula One season, but he has become a top-three favorite on the F1 odds, especially at Monaco betting sites. After a podium finish at the Azerbaijan Grand Prix, the Monacan motorsports racing driver ranked seventh at the last Formula One race, and he would be eyeing a win on the home stage.

Fernando Alonso @ 8.00 (7/1)

Fernando Alonso is a regular name on the Formula One podium this season, with four top-three finishes in five races this season. The only time he didn’t rank top three was at the Azerbaijan Grand Prix, and he is Aston Martin’s best chance at the Monaco Grand Prix.

Lewis Hamilton @ 29.00 (28/1)

Lewis Hamilton was very close to winning his first race a few weeks ago at the Melbourne Grand Prix Circuit. He has been on the podium once this season, but he would enter this race with high hopes following an upgrade from Mercedes Benz.

2023 F1 Monaco Grand Prix Preview

Circuit De Monaco Track Analysis

The Circuit de Monaco, also known as the Monte Carlo, was opened for Formula One racing in April 1929, and it is one of the most popular F1 tracks. This Grand Prix street circuit is 3.337 km long, which makes it the shortest circuit in Formula One. With 19 turns, this is a tricky circuit for drivers as there are many narrow turns to navigate.

Past Monaco Grand Prix Winners

Ayrton Senna holds the record for the highest number of wins in the Monaco Grand Prix. McLaren is the constructor with the most titles in the Formula 1 Monaco GP, but their last win was in 2008. Red Bull won the last two editions with one win each for Max Verstappen and Sergio Perez.

  • 2022: Sergio Perez
  • 2021: Max Verstappen
  • 2020: Not held due to the COVID-19 pandemic
  • 2019: Lewis Hamilton
  • 2018: Daniel Ricciardo

2023 F1 Monaco GP Betting Tips

After the absence in Imola, the Formula One season is back, with the drivers well-prepared for this race. There are great offers from the bookmakers, and these are some of the best picks from our experts in this race.

Max Verstappen To Win @ 2.25 (5/4)

Max Verstappen claimed the 2022 Drivers Championship with 15 Grand Prix victories, setting the record for most wins in a season. The Red Bull driver has been in fantastic form, and he has won three out of five races he competed in this season.

Max Verstappen has finished on the podium in all races this season, and with Sergio Perez lurking behind, this race is very important for the Dutchman. After losing narrowly to Sergio Perez at the Azerbaijan Grand Prix, Max Verstappen returned with a top-class performance in the last Formula One race to win the Miami Grand Prix by more than five seconds. A bet on Red Bull’s No 1 to claim pole position is the best available option on F1 betting sites.

Sergio Perez – Podium Finish @ 1.83 (5/6)

The 33-year-old Mexican has emerged as a strong force this season, and he arrives in this competition just 14 points behind Max Verstappen on the F1 Drivers standings in 2023. Sergio Perez has won two races this year and has finished on the podium four times in five races. His worst rank in a race this year was a fifth-place in the Australian Grand Prix, and that was two races ago. Since then, Sergio Perez has won a race and gotten a second-place finish. Backing him to get on the podium has very valuable odds.

Fernando Alonso – Podium Finish @ 2.50 (6/4)

Even with the uprising of Charles Leclerc, it is hard to look past Fernando Alonso in the Monaco Grand Prix. The Spanish driver is one of the most experienced drivers in Formula One, and he has a good track record this season. Fernando Alonso finished third in his first three races of the season, and he saw this streak come to an end in the Azerbaijan Grand Prix, but he recovered nicely to rank third in his last race. For a driver who has an 80% rate of finishing on the podium this season, this is a good bet on Formula 1 racing.

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Our F1 Monaco Grand Prix Predictions

The Monaco Grand Prix is one of the most competitive races in the Formula One season of 2023, and we have come up with the best picks for this race. Below are the expert betting tips on F1 Monaco Grand Prix 2023:

  • Max Verstappen To Win @ 2.25 (5/4)
  • Sergio Perez – Podium Finish @ 1.83 (5/6)

Monaco is the latest host of the Formula One Grand Prix, and there are great offers to make bets on in this race. You can make extra cash from this event by using our expert betting tips and predictions.

Austin
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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