We adore motor racing here at LeoVegas, and are proud to offer hundreds of markets on Formula 1 throughout the entire season. Make sure to check back here throughout the 2020 campaign for all of the F1 betting tips for each Grand Prix in 2020. Let’s not waste any time in getting right into the UK sports betting action.
Throughout the season, we will be updating the latest F1 betting odds for the Drivers Championship. Each race will likely fluctuate things completely, so you can stay on top of the Formula 1 odds in one place, right here. Lewis Hamilton began the season as odds on favourite, but will it be straightforward for him?
|Max Verstappen||Red Bull||17/2|
|Sergio Perez||Racing Point||40/1|
|Alex Albon||Red Bull||50/1|
|Lance Stroll||Racing Point||70/1|
|Pierre Gasly||Alpha Tauri||200/1|
|Daniil Kvyat||Alpha Tauri||200/1|
|Kimi Raikkonen||Alfa Romeo||350/1|
|Antonio Giovinazzi||Alfa Romeo||350/1|
Odds updated: 15th July
The races are coming thick and fast, with Mercedes taking control of the Drivers and Constructors Championships. It’s still very early days, but their domination once again is scary. The Styrian Grand Prix in Round Two was all action with the main talking point once again coming out of the Ferrari garage, as both cars had to retire from the race after an early crash. Charles Leclerc took responsibility, but it is becoming a much too regular occurrence.
While they crashed out, it was Lewis Hamilton who eased to victory from pole position ahead of his teammate Valtteri Bottas. It’s not new information that Mercedes have the best car, so to have a chance against them on race day you really need to qualify ahead of them both. After a DNF last week, it was Red Bull’s Max Verstappen who took the final podium place.
Our One To Watch for last week was Sergio Perez, who had a bit of a nightmare in the soaking wet qualifying, starting the race way down in 17th. The Ferrari crash got in his way on the first lap, essentially putting him to the back of the pack. This makes it even more incredible then that he climbed the field and ended up finishing 6th. He won Driver of the Day and can consider himself unlucky not to have been higher.
There is already some talk after this weekend that Alex Albon isn’t doing enough in the highly sought after secondary Red Bull seat. He was quite lucky not to lose out on his 4th position to Perez in the Racing Point. The Mexican made a move close to the end and accidentally damaged his own front wing, leaving Albon to coast to 4th unchallenged. It’ll be interesting to see how the Thai-British driver responds in Hungary. As we saw with Pierre Gasly last year, Red Bull are not scared to replace their drivers if they are not performing.
As is always the case with F1, many of the big stories come off the track, with Renault putting in an official complaint about the Racing Point car, which has vastly outperformed them. We’re keeping an eye on how this one plays out.
Last week’s Styrian Grand Prix Podium (Round Two):
Valtteri Bottas (37/20) qualified ahead of Lewis Hamilton last year at the Hungarian Grand Prix and is well capable of doing so yet again. The Finn has a lot of motivation to claim pole this time around, as he leads the Brit by 6 points in the Drivers Championship. He’s well aware that he needs to start on pole if he’s going to win his second race of the 2020 season, as the odds of starting behind Hamilton (17/20) and finishing ahead of him are extremely slim. It would be quite a big surprise if anyone other than Mercedes was pole, even though Max Verstappen (5/1) achieved this last year.
Since we have gone for Bottas to claim pole position in Saturday’s qualifying, it makes sense for us to also go for the Finn to take the chequered flag on Sunday. In Friday’s practice sessions, Bottas did well in both and was second fastest on both occasions. These were in very different conditions too, as it was mostly dry in FP1 and then the rain fell in FP2. He’s looking strong and, of course, is in one of the two best cars by quite some distance.
Last year’s Hungarian Grand Prix Podium:
Race Winner Odds: 30/1
Podium Odds: 5/1
It was certainly an eventful return to Formula 1 last week after a large period of time out of the limelight. With their sleek new paint job on the ever reliable car, it was Mercedes that were celebrating yet another Grand Prix victory but it was not officially the 1-2 that they were looking for. After securing pole position in excellent fashion, it was Valtteri Bottas that claimed the victory on race day too. He led from start to finish and crossed the line 0.6 seconds ahead of his teammate Lewis Hamilton.
That far from tells the whole story though, as Hamilton was given a five second penalty late in the race after colliding with Red Bull’s Alex Albon, an incident eerily similar to the one that the two had in Brazil last year. Although there were big question marks over the car after qualifying, Ferrari’s Charles Leclerc took second place, while there was a huge result for McLaren, as young British driver Lando Norris took his first ever podium in third. The penalty saw Hamilton take fourth.
Last week’s Austrian Grand Prix Podium (Round One):
In terms of this week’s action, although it has a slightly different name, we are back on the same track once again. It’s the Red Bull Ring in Speilberg and we can delve into what happened last week to give us an inkling on what to expect this time around. After taking a risk and backing Leclerc last week, it became evident rather quickly that Ferrari were well off the pace in qualifying, with his teammate Vettel not even making it to Q3. This time around we’re going a lot safer, in saying that Lewis Hamilton will get the better of his teammate Valtteri Bottas in our ‘Best Finishing Position’ market. You can back which member of each team you think will qualify higher on the grid, an interesting change from just backing who you think will be on pole.
We’re going for the favourite this week in our Race Winner tip, and for good reason. Lewis Hamilton (9/10) has an incredible winning mentality, and completely missing out on a podium last week due to an individual mistake will not sit right with him. Plus, we all know how the setup at the Mercedes team works, and with Bottas winning last week it’s very likely to be Hamilton’s turn to get the focus this time around, so that the team can try and monopolise the Drivers Championship race, even at this early stage of the season. Our tip is that Hamilton will up his game and win the race fair and square, but we would not be surprised if the Finn heard “Valtteri, it’s James” through his headset at some point.
After being essentially robbed of what would have been a certain podium by Lewis Hamilton for the second time in his career, Alex Albon is our tip to finish on the podium here at odds of 13/5. The young Thai-British driver certainly has the car for success and will be out to prove a point for a number of reasons. Firstly, of course, is the fact that he should have been standing on the podium at the very same track just last week, but there is also the fact that former world champion Sebastian Vettel stated that he would be interested in a seat at Red Bull Racing for the 2021 season if they were to offer him something. It goes without saying that if that were the case, it would be Albon and not Verstappen’s seat that would be in danger.
Race Winner Odds: 30/1
Podium Odds: 5/1
What in some quarters has been called “the Pink Mercedes”, there were many signs last week that the new Racing Point car might be the real deal. It’s clear that Sergio Perez is stronger than his teammate Lance Stroll, and a 6th place finish (and 6th in qualifying) for the Mexican last week is a good start. On his day, Perez can certainly attack the field and with question marks surrounding other cars (mainly Ferrari), this could be a good time for him to sneak onto the podium once again as an outside option, which would be his first top three finish since 2018.
Circumstances are obviously very different for the return of Formula 1. We’re starting in Austria rather than its similar namesake of Australia, and we will be going back to back at the same track for Rounds 1 and 2. It makes sense to begin in Austria, at a rural site that is actually owned by Red Bull. This is the first of an initial 10 Grand Prix’s in the space of 10 weeks, which is an unusually intense schedule for an F1 season. Therefore, it will be interesting to see how all of the drivers and teams cope.
Last year’s Austrian Grand Prix Podium:
On Red Bull’s home track, Max Verstappen has won the last two years in a row. It must be good for him to see the schedule then, with the first two races both at this venue. Lewis Hamilton finished in 5th last year, and will need to ensure that he puts in a better performance this time around. Here are the tips for both Qualifying and the Race itself.
We believe that the driver that provides the best value to be fastest in Saturday’s qualifying is Ferrari's Charles Leclerc. He has done well at this track before and not only finished on Pole last year, but was the fastest car in Q2 and Q3. When he has the open track to attack, the Monegasque man is a real threat. Ferrari need to make an early statement too, in order to try and put the frights on the other big two sides.
As mentioned, Max Verstappen is lethal on Red Bull’s home track and thus, it should be no surprise to see that he starts as the F1 betting favourite at 7/4. However, Lewis Hamilton can never truly be ruled out. Second favourite at 2/1, Mercedes will feel as if it’s hugely important to start the shorter season well. We feel as if it’ll be close between the two in the first Grand Prix, but the Dutchman is just so good in Austria that it’s difficult to look past him.
We’re going to take a look at some of the big outright markets that are available to bet on in F1. Please note that these tips were provided before the first race of the season got underway.
It’s always difficult to look past Lewis Hamilton when considering who to back for the F1 Drivers Championship. The Brit has won five of the last six individual titles, only losing out narrowly in a fiery contest with teammate Nico Rosberg in 2016. It’s obvious to all that Mercedes have had the best car for a number of years, but it goes without saying that this is no ordinary year. Pre-season odds of 3/5 don’t provide immense value, but he and his team are extremely reliable.
The F1 odds suggest that Red Bull’s young hope Max Verstappen will be the closest challenger, and it is easy to see why. There have been noises from the camp that suggest the car may be able to compete with Mercedes this time around. Verstappen is 7/2 before the first flag and he’s actually our tip to go all the way and claim the title.
Other drivers that are expected to be towards the top of the points include Lewis Hamilton’s teammate Valtteri Bottas. He’s actually the third favourite in the F1 betting at 23/4, but it will be very difficult for him to go all the way as he’ll always be playing second fiddle to Hamilton. We’d probably avoid backing the Finn in this market.
Then are the two Ferrari’s, Charles Leclerc and Sebastian Vettel. As there seems to be every year, there are questions surrounding the car once again, but a lot of this could just be hearsay. The truth is, we’re not going to know how competitive Ferrari are on the whole until the cars are out on the track in a racing environment.
Alex Albon is 28/1 and does have the car to compete, but he’ll be hamstrung in the same way that Bottas will be: his teammate is simply more important and F1 is all a big political game. Racing Point, Renault and McLaren each have a driver at 40/1 to win the title in the form of Sergio Perez, Daniel Ricciardo and Carlos Sainz respectively. It would be a major shock for any of these to sustain a challenge throughout the whole season, but stranger things have happened.
Mercedes have won the last six Constructors Championships and it would be a major shock for any other side to dethrone them this time. The sleak jet-black paint job that the car has had makes it look like something Darth Vader would drive if he was to make the jump to F1, and it seems like the Mercedes team enjoy their role as the big bad empire. They are at current odds of 2/15 to win their 7th Constructors Championship in a row and we're very much backing them to do so again, as the combo of Hamilton and Bottas is simply too strong. Red Bull are likely to be the closest challengers and are odds of 17/2, while Ferrari and the big questions over their car are 12/1. McLaren are backed to be the 'best of the rest' again at 30/1, but could well end up in the top three.
We’ve mentioned them in the table of odds above, but let’s take a closer look at the lineups for each team, which have mostly stayed the same since the 2019 season. It’s next season in 2021 where things are already confirmed to be changing massively, such as this being the last season’s for Vettel at Ferrari, Ricciardo at Renault and Sainz at McLaren.
There have only actually been two changes from how things ended in Abu Dhabi at the end of 2019. The most notable change is that of Esteban Ocon returning to F1 after time as a Mercedes reserve driver, stepping into the Renault paddock to replace Nico Hulkenberg, who has lost his seat in Formula 1 entirely.
The other change comes at Williams, who are looking to bounce back from a failed season of epic proportions. They were so far off the pace and the car was simply nowhere near good enough, even with the talented George Russell behind the wheel. The young Brit stays, and will now be partnered by Nicolas Latifi instead.
Alex Albon and Pierre Gasly swapped places midway through last season, and Albon now remains as Red Bull’s number two to partner Max Verstappen while Gasly looks to make a splash again at the newly renamed Alpha Tauri, formerly Toro Rosso.
Round 1: Austria - 3-5 July
Round 2: Austria - 10-12 July
Round 3: Hungary - 17-19 July
Round 4: Great Britain - 31 July-2 August
Round 5: Great Britain - 7-9 August
Round 6: Spain - 14-16 August
Round 7: Belgium - 28-30 August
Round 8: Italy - 4-6 September
In between the early races, there is also plenty of football taking place around the UK and Europe, and you can check out our Premier League betting tips and odds too.
Yes, you can bet on F1 here in the UK at LeoVegas. Simply head to our betting pages to see the full list of Formula 1 betting markets.
You can bet on a race winner by choosing that relevant market on the sportsbook. Simply click on the selection you wish to back, which would then add it to your betslip. Then, choose your stake and click Place Bet.
An Each Way bet in Formula 1 is essentially two separate bets: one for the driver to win, the other for the driver to place in any of the place positions offered in that race, which at LeoVegas we pay 3 places. This means you can receive a return on your bet if your driver wins, but also if they place on the podium.
If you are betting in-play on Formula 1, there may be occasions where the betting is suspended. This is likely to be when something major occurs in the race, and the odds are being adjusted accordingly. The betting odds will likely be available again very soon after.
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*all odds correct at the time of writing and are subject to change