Betting Preview And Odds For Formula 1 2023 Season

On March 3-5, the 24th Bahrain Grand Prix will mark the return of Formula One for its first full weekend of the new 2023 season. Max Verstappen, who has won the world championship twice, will be the one to beat this time around after dominating the 2022 season by an incredible 146 points.

His Red Bull squad will also be eager to continue where they left off after winning the 2022 Constructors' Championship, while Ferrari and Mercedes will be trying to outdo them this time and bounce back from their mediocre overall performance last season.

We evaluated all of the odds prior to the start of the action to present the top wagers for the upcoming 2023 Formula One season. Starting with the Drivers' Championship, it's not shocking to discover that Max Verstappen has been rated as the favorite to win it by all bookmakers (1.72 @MagicWin).

Lewis Hamilton is interestingly the second favorite to win the championship (4.00 @MagicWin), despite his struggles for much of the previous season. Both Charles Leclerc of Ferrari (@6.00) and Hamilton's teammate George Russell (@9.00) are anticipated to challenge the former two throughout the course of this season.

Priced as long shots, Carlos Sainz and Sergio Perez may be worth considering (both @26.00), particularly in Perez's case. Given that Red Bull violated spending cap laws in 2022, the Austrian team may once again be dominant this season despite having less wind tunnel time during the preseason.

As for the Constructors' Championship, with their dominance from the previous season, Red Bull is the favorite to win it for a second straight year (1.90 @MagicWin). Despite struggling for significant portions of the previous season, Mercedes will be their fiercest rival, according to the bookmakers (@2.40).

In terms of odds, Ferrari is still well behind the competition (6.50 @MagicWin) as they attempt to win the Constructors' Championship for the first time since 2008. This is probably because of the serious reliability issues they had in 2022, which greatly irritated Tifosi fans all over the world and led to the replacement of former team principle Mattia Binotto.

Meanwhile, French company Alpine is ready to challenge the top three constructors given the lightning pace of their car last season, while Aston Martin signed 2-time World Champion Fernando Alonso, which could give the British team an advantage on the racetrack. This year, Lando Norris should also put up a strong fight for his first win in the sport. He was really consistent throughout 2022, despite the fact that McLaren's persistent slowness greatly undermined his efforts.

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