Formula 1 odds for winning the Australian Grand Prix. F1 betting favorites at the Bahrain Grand Prix include favorites Max Verstappen and Charles Leclerc.

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After a disastrous season-opening week in Bahrain, Red Bull fought back with a Max Verstappen victory and Sergio Perez’s fourth-place finish at the Saudi Arabian Grand Prix.
Max Verstappen now sits third in the Drivers’ Championship standings ahead of the third race of the season – the Australian Grand Prix, which takes place at the 5.279-kilometre Albert Park Circuit in Melbourne.
The race returns to the Formula 1 calendar after a two-year hiatus in 2020 and 2021 and takes place on the night of Saturday April 9 (Sunday April 10, 1:00 a.m. ET).
Will Max Verstappen be the betting favorite this week after his win in Saudi Arabia or are the bettors still behind Charles Leclerc and Ferrari’s pace?
Find out in our full 2022 Australian Grand Prix odds breakdown below.
F1 Australian Grand Prix Odds
Driver | Odds of winning the Australian Grand Prix |
---|---|
Max Verstappen | +120 |
Charles Leclerc | +150 |
carlos sainz | +800 |
Sergio Perez | +1,400 |
Lewis Hamilton | +1,600 |
george russell | +2,500 |
Fernando Alonso | +10,000 |
Valtteri Bottas | +10,000 |
Pierre Gasly | +10,000 |
Kevin Magnussen | +10,000 |
Esteban Ocon | +10,000 |
Lando Norris | +15,000 |
Mick Schumacher | +15,000 |
Daniel Ricardo | +25,000 |
Yuki Tsunoda | +25,000 |
Guanyu-Zhou | +50,000 |
Spear Stroll | +100,000 |
Sebastian Vettel | +100,000 |
Alex Albon | +200,000 |
Nicholas Latifi | +300,000 |
Odds provided by bet365 on March 30.
Australian Grand Prix favorites
Max Verstappen (+120)
After a worst-case-scenario week to open the season in Bahrain, Verstappen took his first victory of the new season at the Saudi Arabian Grand Prix, and did so in impressive fashion – starting from fourth on the grid behind both Ferrari and his Red Bull team-mate, Sergio Perez.
While Ferrari seem to have the quickest pace at the start of the season, Verstappen’s racing pace coupled with his championship experience paid off en route to a well-deserved victory.
He enters the week a small favorite of +120 over Charles Leclerc.
Charles Leclerc (+150)
Ferrari’s Charles Leclerc enters the week in the No. 2 spot, available at +150.
Leclerc started the year with a comfortable victory at the Bahrain Grand Prix and is proving to be the biggest threat to Max Verstappen’s title defense – currently holding a 45-25 lead in the Drivers’ Championship standings in two races. .
He finished second in Saudi Arabia behind Max but will be in contention for pole again this week with how fast Ferrari has been.
Carlos Sainz Jr. (+800)
Rounding out the Top 3, Leclerc’s teammate Carlos Sainz Jr is available to win at +800.
The young Spaniard is second in the Drivers’ standings behind Leclerc and already has two podiums to his name in the new Ferrari.
Australian Grand Prix Starting Grid
Come back for the Australian Grand Prix starting grid after next Saturday’s qualifying session!
Recent Australian Grand Prix winners
Year | Driver |
---|---|
2021 | N / A |
2020 | N / A |
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) |
The most popular way to bet on Formula 1 odds is to simply pick the winner of a particular race. Other popular F1 betting options include which car/manufacturer will win and whether or not a particular race car driver will finish on the podium with a Top 3 finish.
F1 race odds usually look like this:
This means that on a $100 bet, you will win $1,400 if Perez wins that particular race. If a driver is particularly dominant, you may see a minus sign (-) in front of that driver’s ratings like this:
This means you would need to bet $175 to win $100 on Hamilton winning the race.