Canadian GP Betting Odds: Verstappen favored for fourth straight win
Montreal's seen many surprising races. Can the Canadian Grand Prix surprise in 2023?

It’s been the year of Max Verstappen and Red Bull in 2023. The two-time defending champion is on another level of performance compared to the rest of the field in a superior car. Seven F1 races have yielded seven Red Bull victories, five from Verstappen already. He’s on track to match his record of 15 wins in a season set last year.
This week, the Formula 1 grid heads to Montreal GP. The Circuit Gilles Villeneuve has seen many thrilling races, including rain or mixed conditions. This weekend’s forecast shows a 40% chance of rain Friday through Sunday. This could be the fourth event in a row to see rain at some point in the weekend. That could change up the usual running order seen so far in 2023.
Behind Verstappen and teammate Sergio Pérez are multiple drivers favored for good results in Montreal. Here’s what you need to know about this week’s Canadian GP Betting Odds.
Red Bulls with a significant margin at the top
At this point in the season, it’s a given that the Red Bull duo will be far ahead of the rest of the field in odds for victory. The RB19 has proved to be one of the most dominant cars in recent Formula 1 history. One-third of the way through the season and the F1 2023 standings are pretty much in two groups: Red Bull and everyone else.
Fittingly, Verstappen is heavily favored for the win at -300 and pole at -200. Those odds reflect his recent form of three straight commanding victories. No one’s looked particularly close to him since Baku. Their last time out in Spain saw him sweep the pole, win by leading every lap, and the fastest lap for the third time in his career.
This week will likely be more of the same. He won last year’s Canadian Grand Prix from pole position and is in an even better car this time around.
Pérez (+400) again has the next-best odds for victory. Though Montreal is a street circuit (typically Pérez’s forte), he hasn’t performed well historically. He retired from last year’s race on lap seven due to gearbox failure. Ten career races there have seen just two points finishes: third in 2012 and fifth in 2017. He’d likely need luck or a Verstappen car failure to get a win this weekend.
There’s a new driver third in F1 odds for victory this week. Lewis Hamilton (+1100) is behind the Red Bulls after his second-place finish in Spain. Mercedes looked much improved last time out. They’re still behind Red Bull but closer than before. If Verstappen runs into trouble, he could get another win in Canada. Hamilton’s won a record seven Canadian Grands Prix.
Podium and points finish picks for the Canadian Grand Prix
Verstappen (-500) and Pérez (-200) are likely locks for the podium this week. Hamilton (-110) and Fernando Alonso (-125) are favored to join them. After a lackluster home race, Alonso said in Barcelona that it would be the last race without a podium in 2023. Hamilton’s second place in Spain and Australia has closed the gap between the two drivers for third in the F1 2023 standings.
Of the two, Hamilton’s likely a safer bet, thanks to his history of success in Montreal. He’s won seven of the 13 events he’s raced there.
Hamilton’s teammate Russell (+200) and Ferrari teammates Charles Leclerc (+400) and Carlos Sainz (+400) could also make the podium. Russell has raced twice in Canada in Formula 1 in 2019 and 2022 but performed well in both. Leclerc podiumed in 2019, took fifth last F1 season and Sainz finished second last year. The trio will be ready if either Hamilton or Alonso should slip up.
Oddsmakers have 10 drivers favored for a top 10 finish in Montreal among the Canadian GP Betting Odds: Verstappen (-900), Hamilton (-700), Pérez (-700), Alonso (-550), Russell (-550), Sainz (-500), Leclerc (-500), Lance Stroll (-350), Esteban Ocon (-300) and Pierre Gasly (-300). That’s a very clean assumption that both drivers from Red Bull, Mercedes, Ferrari, Aston Martin, and Alpine will fill out the F1 points positions.
But that hasn’t happened yet this year in seven races. Retirements or out-of-position finishes have dropped at least one of that group. There’s always a lower midfield driver in position to grab points at the bottom of the top 10.
Yuki Tsunoda (+200) is arguably the surprise of the 2023 season. He’s finished 10th or 11th in five times despite driving one of the worst cars on the grid. A questionable penalty pushed him out of the points in Spain. Look for him to make good on that this week.
Other potential F1 points finishers include Lando Norris (+120) and Zhou Guanyu (+400). Norris had one of his best qualifying performances of the season in Spain and started the race in third. First-lap contact doomed his race from there but teammate Oscar Piastri was in the fight for points late. He could prove that qualifying result was a sign of things to come. Zhou benefitted from Tsunoda’s penalty to take ninth in Spain. He’s improving over the last three races and looks like the lead driver in Alfa Romeo.
Predictions for the Canadian Grand Prix
The Canadian GP Betting Odds paint a pretty clear picture of the season so far. Verstappen and Red Bull are a step above the rest but behind them is a close fight among multiple teams. Despite the Canadian Grand Prix’s reputation for thrilling races and the chance of rain, Verstappen’s too good to bet against. If you want to take a flier on another driver, Hamilton’s track record at the Circuit Gilles Villeneuve is enough to give him a chance.
Look for a Verstappen, Alonso, and Hamilton podium for the second time this season. Tsunoda and Norris are good choices for points finishes as well.
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