Formula One Odds: How to Bet on the Canadian Grand Prix
Formula One Odds: How to Bet on the Canadian Grand Prix
The Canadian Grand Prix takes place tomorrow, as Max Verstappen looks set to defend his Canadian Grand Prix title. Will it be another big day for Red Bull, or can Lewis Hamilton, George Russell, or Fernando Alonso win their first race of the 2023 Formula One Season?
In this OddsChecker how to bet on the Canadian Grand Prix guide, we will outline the latest odds on each driver and the best sports betting promotions you can use to win bigger on the race.
We will then break down our favorite Formula 1 betting markets and our picks in each so that you have a guide on how to win big on the Canadian Grand Prix this weekend.
Best Canadian Grand Prix Sports Betting Promotions - Win $400 Guaranteed!
Claim the latest Canadian Grand Prix sports betting promotions below, and you will turn $6 into $400 guaranteed, and you will unlock $4750 in first bet protection.
Follow the links below to claim the very best Canadian Grand Prix promo codes.
DraftKings Promo Code: Bet $5, Win $200 Instantly on the Canadian Grand Prix - CLICK HERE to claim
FanDuel Promo code: Place a $2500 No Sweat First Bet on the Canadian Grand Prix - CLICK HERE to claim
Caesars Sportsbook promo code: Get $1250 on Caesars for the Canadian Grand Prix - CLICK HERE to claim
Bet365 Promo code: Bet $1, Win $200 on bonus bets on the Canadian Grand Prix - CLICK HERE to claim
BetMGM Bonus code: $1000 First Bet Paid Back if your Canadian Grand Prix bet loses - CLICK HERE to claim
Latest Canadian Grand Prix Odds | Compare Drivers Odds With OddsChecker
Compare the best odds for the Canadian Grand Prix HERE to ensure you are getting the best value on your favorite drivers on the grid this weekend.
Here are the current favorites for the 2023 Canadian Grand Prix
- Max Verstappen (-275) - Get the best odds on Max Verstappen at BetMGM
- Sergio Perez (+600) - Get the best odds on Sergio Perez at Unibet
- Lewis Hamilton (+1400) - Get the best odds on Lewis Hamilton at Unibet
- Fernando Alonso (+1600) - Get the best odds on Fernando Alonso at DraftKings
- George Russell (+2500) - Get the best odds on George Russell at FanDuel
How to Claim $1000s in Bonus Bets at the 2023 Canadian Grand Prix
The process for claiming any of the 2023 Canadian Grand Prix promos above is very simple, so you should not worry about having to spend any significant time signing up for your favorite.
The generic process is to: Follow our links (above) --> Create an Account --> Make a Qualifying Deposit --> Place your Qualifying Bet
In the example below, we will show you how to claim the DraftKings promo code in a matter of minutes.
Step One: CLICK HERE or on the offer below to add your DraftKings promo code to your account registration.
Step Two: Signup with DraftKings Sportsbook.
Step Three: Deposit into your new DraftKings account
Step Four: Bet $5 on your favorite Canadian Grand Prix winner
Step Five: Win $200 guaranteed even if your U.S. Open outright selection misses the cut at Los Angeles Country Club. If they go on to win, keep your initial profits on top of the $200 bonus
How to Watch the 2023 Canadian Grand Prix
The Canadian Grand Prix will be live on ESPN and stream live on ESPN+
The race will start at 2:00 pm ET
Formula 1 Betting Picks, Predictions
Here are the best betting markets to bet on when it comes to the Canadian Grand Prix, and our picks in each category.
Formula 1 Betting Predictions - Race Winner
It is no surprise that Max Verstappen is odds-on to win the Canadian Grand Prix again. He is not only the defending champion, but he's also won all but two races this year, and has only been beaten by his teammate, Sergio Perez.
We think you should claim the DraftKings promo code and boost Verstappen to 40-1 and guarantee your winnings.
If he does get beat, the DraftKings promo code will still pay you a $200 instant bonus, so you cannot lose!
Formula 1 Betting Predictions - Podium Finish
If you want to bet on a driver to challenge Max Verstappen but perhaps ultimately fall short, the Podium Finish market is for you.
The most obvious picks in this market are the two Red Bull drivers, but then DraftKings Sportsbook struggles to split Lewis Hamilton and Fernando Alonso.
Both Alonso and Hamilton can be bet at -110 in this market, or if you wanted to take a chance on one of the Ferrari drivers, you can get +380 odds on Charles Leclerc or +450 odds on Carlos Sainz.
Formula 1 Betting Predictions - Podium Parlay
The Podium Parlay market is another exciting way to bet on the Canadian Grand Prix, as you could bet on the most likely Driver to join either Max Verstappen or Sergio Perez on the Podium.
If you think Verstappen is a lock to win, bet on Fernando Alonso or Lewis Hamilton to join him on the podium, in the Podium Parlay market. There is no option to add in Verstappen and Perez, so you will need to take a shot on one of the other drivers.
We like Lewis Hamilton to push for 2nd or 3rd, and the Hamilton/Verstappen Podium Parlay can be bet at +125 on DraftKings Sportsbook!
Formula 1 Betting Predictions - Without Mercedes, Ferrari, Red Bull & Aston Martin
DraftKings Sportsbook offers a great market for those that want to take the top drivers out of the market and bet more toward the middle of the grid.
When it comes to Formula 1 betting predictions it is obviously hard to look past Max Verstappen, and then if you can do that, it's hard to look past his teammate Sergio Perez. So why not take the two Red Bulls, the two Mercedes, the Ferarri, and the Aston Martin drivers out of the race?
With DraftKings Sportsbook you can bet in the Without Mercedes, Ferrari, Red Bull & Aston Martin, where you'll instead be picking between drivers like Esteban Ocon, Pierre Gasly, and Lando Norris.
Esteban Ocon is the favorite in this market, and rightly so, given he is 9th in the Drivers Standing, the best of anyone in this market. Add in the fact he was 6th in this race last year and finished in 3rd place recently in Monaco, and you have a viable betting option!
Ocon is the favorite at +150 in this market, followed by Alpine GP teammate, Pierre Gasly, who is 10th in the Drivers Standings.
It looks to be between the two Alpine GP drivers in this market, so take your pick between Ocon (+150) and Gasly (+175).
Tom Jacobs is the host of the Lost Fore Words golf podcast and has been writing betting articles on golf for the past decade. Tom also co-hosts the DP World Tour Picks & Bets show on the Mayo Media Network, so has his finger on the pulse on all the major Tours. A long-suffering Nottingham Forest fan, Tom also enjoys watching Soccer at the weekend, and was delighted to see his Forest team win promotion this season!