Through two races of the 2023 F1 calendar, one trend is becoming abundantly clear: there's Red Bull... then some empty track... and then everybody else.
Red Bull has gone 1-2 in each of the first two events and like the current F1 Drivers' Championship odds, the F1 odds for tomorrow's race at Melbourne Grand Prix Circuit features Max Verstappen well ahead of basically the entire field.
See who's left in what seems like a battle for second place in our latest odds to win on Sunday, and be sure to also check out Shawn Wronka's full Australian Grand Prix betting picks!
Australian Grand Prix odds
| Driver |  |
|---|---|
| Max Verstappen | -300 |
| George Russell | +800 |
| Lewis Hamilton | +850 |
| Fernando Alonso | +850 |
| Carlos Sainz | +3,000 |
| Charles Leclerc | +3,500 |
| Sergio Perez | +4,500 |
| Lance Stroll | +13,000 |
| Pierre Gasly | +60,000 |
| Esteban Ocon | +60,000 |
| Alexander Albon | +60,000 |
| Nico Hulkenberg | +70,000 |
| Lando Norris | +90,000 |
| Yuki Tsunoda | +100,000 |
| Valtteri Bottas | +100,000 |
| Oscar Piastri | +100,000 |
| Nyck de Vries | +100,000 |
| Logan Sargeant | +100,000 |
| Kevin Magnussen | +100,000 |
| Guanyu Zhou | +100,000 |
Odds as of April 1, 2023.
If you're looking to bet on some F1 action, here are two of the best bonuses* available:
A) New users at FanDuel can get a no-sweat first bet (up to $1,000)! Sign Up Now
B) New users can bet $5 and get up to $200 in bonus bets at DraftKings! Sign Up Now
*Eligible USA locations only. Also, check out our full list of best sportsbook promotions for 2023.
21+. Gambling Problem? Call 1-800-GAMBLER
Australian Grand Prix starting grid
| Starting Position | Driver |
|---|---|
| 1 | Max Verstappen |
| 2 | George Russell |
| 3 | Lewis Hamilton |
| 4 | Fernando Alonso |
| 5 | Carlos Sainz |
| 6 | Lance Stroll |
| 7 | Charles Leclerc |
| 8 | Alex Albon |
| 9 | Pierre Gasly |
| 10 | Nico Hulkenberg |
| 11 | Esteban Ocon |
| 12 | Yuki Tsunoda |
| 13 | Lando Norris |
| 14 | Kevin Magnussen |
| 15 | Nick de Vries |
| 16 | Oscar Piastri |
| 17 | Zhou Guanyu |
| 18 | Logan Sargeant |
| 19 | Valtteri Bottas |
| 20 | Sergio Perez |
Australian Grand Prix favorites
Max Verstappen (-300)
Max Verstappen's early exit from qualifying at Jeddah meant that he was forced to start the Saudi Arabian Grand Prix in 15th place.
He also was on the radio for most of the race complaining about what he believed was a driveshaft issue... yet he still finished in second place — 15 seconds ahead of Fernando Alonso.
The blistering pace that Verstappen and Red Bull have exhibited through two races is in a class of its own, and it's no surprise that he claimed pole on Saturday and is a clear favorite for tomorrow's race.
George Russell (+800)
Russell nearly topped Verstappen in qualifying and will start just behind "Mad Max" on Sunday. Representing Mercedes, the 25-year-old Brit will look for his first win since taking the 2022 Brazilian Grand Prix in Sao Paulo.
Last season, Russell finished fourth in the F1 driver standings and 35 points ahead of teammate Lewis Hamilton.
Lewis Hamilon, Fernando Alonso (+850)
Hamilton has leapfrogged up to +850 over at FanDuel following his third-place finish in qualifying. Sir Lewis has managed two consecutive Top-5 finishes to start the 2023 campaign and is listed at -380 to snag a Top-6 placing on Sunday.
In the season-opening race at Bahrain, Alonso was heard near the end of the event calling his Aston Martin a "beautiful car to drive" as he finished third — almost 28 seconds behind either Red Bull.
He followed that up by again placing third at Jeddah, as Aston Martin has shown early signs of being a legitimate contender for the second-best constructor this year, boosted into the class with Ferrari (with has won three of the last four Australian GPs) and Mercedes.
Previous Australian Grand Prix winners
Here are the last 10 winners of the Australian Grand Prix, with Charles Leclerc currently the defending champion.
| Year | Driver | Constructor |
|---|---|---|
| 2022 | Charles Leclerc | Ferrari |
| 2021 | No race due to COVID-19 | |
| 2020 | No race due to COVID-19 | |
| 2019 | Valtteri Bottas | Mercedes |
| 2018 | Sebastian Vettel | Ferrari |
| 2017 | Sebastian Vettel | Ferrari |
| 2016 | Nico Rosberg | Mercedes |
| 2015 | Lewis Hamilton | Mercedes |
| 2014 | Nico Rosberg | Mercedes |
| 2013 | Kimi Raikkonen | Lotus-Renault |
| 2012 | Jenson Button | McLaren-Mercedes |
| 2011 | Sebastian Vettel | Red Bull-Renault |
Understanding F1 betting odds
The most popular way to bet on Formula 1 odds is by simply picking the winner of a particular race. Other popular F1 betting options include which car/constructor will win and whether or not a particular race car driver will end up on the podium with a Top-3 finish.
F1 race odds usually look like this:
- Sergio Perez +1,400
This means that on a $100 bet, you'll stand to profit $1,400 if Perez wins that particular race. If one driver is especially dominant, you might see a minus sign (-) ahead of that driver's odds like this:
- Max Verstappen -120
This means that you would need to bet $120 to win $100 on Verstappen winning the race.
