Formula 1 is coming to Las Vegas. Drivers will battle under the neon lights of Sin City for the Las Vegas Grand Prix title in what could be the pivotal race for the championship.
Can Charles Leclerc repeat his stunning Monza victory, which marked him as the seventh different winner in this season? Will Red Bull’s Sergio Perez claw his way back to the front of the pack? Here’s what F1 betting odds suggest.
The odds are presented in decimal format — multiply the stake with the odds shown to get the gross amount in case the bet wins. For example, if you bet $1 on Leclerc win at 1.75, you will get $1.75 back.
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Las Vegas Grand Prix 2024
The Las Vegas Grand Prix 2024 brought on significant changes compared to the last year. This time, the Las Vegas race won’t be nearly as bothersome for the Las Vegas residents. According to Terry Miller, the project manager tasked with overseeing the construction, the key is communication with the community. The hastened construction phase will take only 90 days this year compared to last year’s 270.
The construction of the Las Vegas Grand Prix course will now use a “fluid” process. The different walls and installations will be installed in stages on the 3.8-mile track before it is opened for racing in November. The construction crews will go along the track in a circle, working mostly at night to build the F1 track features. Commuters and residents will be given plenty of warning so they can adapt to the construction.
The disruption to local businesses during the 2023 race featured in Las Vegas news. Restaurant and hotel guests had to cancel their reservations because of the race. This year, there are initiatives to help businesses along the course, such as designated shuttles during race week. That should give everyone an enjoyable Las Vegas weekend during the 50-lap Grand Prix 2024 on November 23. The Las Vegas Grand Prix start time is 10 p.m. local time.
Winning odds
Grand Prix betting has never been more exciting. Verstappen has been thoroughly challenged despite winning seven Grand Prix races in the current season, most recently the one in Spain. Couple that with his three Sprint wins, and it’s easy to see why the bookmakers give him a roughly 60% chance to win the Las Vegas race too. The F1 betting odds for the Las Vegas Grand Prix are:
- Verstappen: 1.65
- Norris: 4.50
- Hamilton, Russell: 12.0
- Piastri: 13.0
- Leclerc: 21.0
- Sainz: 26.0
- Perez: 67.0
The F1 Championship odds give Lando Norris an approximately 22% chance of winning the Las Vegas race. As for Oscar Piastri, the F1 betting odds imply he has an 8% chance of winning. The odds are likely to change, so make sure to use the F1 odds checker regularly.
Predicting the fastest qualifier's odds
Verstappen is sure to have trouble winning the Las Vegas Grand Prix. He won only one pole Grand Prix position in five attempts. Russell is a very strong contender when it comes to Formula 1 betting odds for the fastest qualifier, which are:
- Verstappen: 2.60
- Norris: 4.50
- Russell: 6.00
- Hamilton: 8.00
- Leclerc: 11.0
- Piastri, Sainz: 13.0
- Perez: 34.0
- Alonso: 67.0
The Mercedes driver got two pole positions and two second-row starting positions in the last four races. Sadly, Leclerc didn’t even make Q3 in two of his last four races. That would indicate that the field is much more challenging than it was last year.
As for the Grand Prix odds, they heavily favor Verstappen. The bookmakers do a heavy analysis of all the drivers and their teams, and so should you. Make sure to go prepared into Grand Prix betting to avoid nasty surprises.
Podium Finish Probabilities
This year, we’ve seen all four top teams take the podium. It’s only Aston Martin that hasn’t been on the rostrum, with no other team having that exceptional race where they could upset the leaders. Still, an outsider could make a run in the Las Vegas Grand Prix race.
Sergio Perez is a strong contender for the podium, but the Mexican hasn’t been on it since Round 5 in China. For now, Red Bull is sticking with Perez despite him falling behind his teammate by 146 points. There is a good reason for it, explained below.
The Las Vegas Grand Prix is already available at bookmakers. For Las Vegas, the fastest qualifier Formula One betting odds are:
- Verstappen: 1.33
- Norris: 1.65
- Russell, Hamilton: 1.90
- Piastri: 2.50
- Leclerc: 3.75
- Sainz: 4.50
- Perez: 13.0
- Alonso 51.0
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The odds for fastest lap
The fastest lap bonus point is always up for grabs, but who will dare take it? That point might make a big difference as the margins get tighter and tighter. McLaren, Mercedes, and Ferrari are locked in a bitter struggle for points, which is why the Las Vegas Grand Prix odds for the fastest lap F1 bets are:
- Verstappen: 2.60
- Norris: 7.00
- Hamilton, Russell: 7.50
- Leclerc: 9.00
- Piastri, Sainz: 10.0
- Perez: 11.0
We can see that Norris, Russell, Piastri, and Perez have odds tightly grouped together. That is because bookmakers give them an almost identical chance of winning the fastest lap. If you decide to bet on F1, make sure to understand how bookmakers calculate F1 odds. In short, a bookmaker divides 100 by the chance of the event. The outcome is the number used as odds. In this case, 100/11 = 9, meaning F1 betting bookmakers give Perez a 9% chance of winning the fastest lap in Las Vegas.
Predicting which team will score the most points
The Las Vegas Grand Prix will pit five top F1 teams. Here is a short overview of each so you can make smart decisions during your Grand Prix betting.
Red Bull
A few months back, Red Bull extended the contract with Sergio Perez for two more years. Even though his individual performance fell short of what his fans expected, he’s doing exactly what Red Bull wants — support Verstappen. That is likely to happen during the F1 race in Vegas too.
McLaren
The Brits analyzed their performance this year and realized they needed to take more risks. Despite being the dark horse of this year’s F1, they need to do more to challenge Red Bull’s dominance, which is great news for fans of F1 betting, who can look forward to nice odds on McLaren winning. The 42-point deficit is still reachable in the final 10 rounds of 2024.
Mercedes
In Monaco, Mercedes used a new front wing, but it did not improve their cars’ performance that much. It was in the Montreal race where it showed its impact and where Russell could have won. That race marked a clear point where Red Bull’s engineering superiority was neutralized, leading to the remarkable Belgium win by Hamilton. Make sure to check the next Mercedes driver odds for winning.
Ferrari
The Ferrari team found itself in a slump after the Monaco race. Red Bull and even McLaren overtook Ferrari in the Constructors’ World Championship. For now, the team is not falling apart, which is a good sign of personal trust and chemistry, which are crucial for F1 wins.
Aston Martin
In 2023, Aston Martin got six podium finishes thanks to Fernando Alonso. The 43-year-old did not repeat the same performance this year, but he is not concerned, stating that Aston Martin is only now becoming a big team, which should bear fruit in 2026.
FAQs: Las Vegas Grand Prix
Who is the Las Vegas Grand Prix betting favorite?
Bookmakers consider Max Verstappen the 2024 Las Vegas Grand Prix favorite. That is due to the superb combination of team skill, driver skill, and superior technology.
When is the Vegas Grand Prix start time?
The qualifiers are November 22 at 10 p.m. local time. The race is November 23 at 10 p.m. local time. Give yourself a great Las Vegas weekend by attending the race!
Who won the Las Vegas Grand Prix last year?
In the 2023 Las Vegas race, the winner was Verstappen, which is another reason why bookmakers see him as the favorite. The second place was Charles Leclerc and the third was Sergio Perez.
When was the Las Vegas Grand Prix first held?
The first Las Vegas race was held in 2023. That explains the logistical issues with setting down the track for this year’s Grand Prix.
How much will the Las Vegas Grand Prix 2024 tickets cost?
The standing room one-day tickets for the Las Vegas Grand Prix are $150. There will be two areas for viewers with those tickets.
How to watch the 2024 Las Vegas Grand Prix?
ESPN will livestream the Grand Prix, but you can also stream it via Apple TV or F1TV Pro. Visit the official F1 website for more Formula racing news.