2024 Chinese Grand Prix Odds

The Chinese Grand Prix odds suggest Max Verstappen will win this year. If he pulls it off, it’s going to be his first-ever win at Shanghai International Circuit. He took part in the previous five Chinese GP races, finishing on the podium only once.

You know who did much, much better than him? Lewis Hamilton, who’s the record-holder for the most Chinese GP wins. However, his Chinese GP odds suggest that it’s very unlikely he can do it again.

Are oddsmakers wrong this time? If you would like to see what I think, keep reading my Formula One Chinese Grand Prix guide. The first thing I’ll analyze is the latest odds at the best online sports betting sites.

With the odds of -500 at Bovada, Max Verstappen is the main favorite to win the F1 Chinese Grand Prix. No surprise there as he’s the one who won three of the four races held so far in the 2024 season.

Read more about Bovada in our review or continue to check out how the odds shake out for this year’s Chinese GP race.

Verstappen’s teammate from Red Bull Racing, Sergio Perez, is No. 2 on the list of top favorites, followed by two Ferrari drivers, Carlos Sainz and Charles Leclerc.

There are another five drivers with Chinese GP odds shorter than +50000 – all the other drivers are given a minimal chance of winning by the Bovada oddsmakers.

Does this race just come down to a handful of drivers? Yeah, probably. Your best bet is up top with Verstappen, but I get that his odds aren’t super alluring. That should get you interested in some of the other options, and betting at Bovada helps you soak up some nice value.

Whoever you want to back to win the race on April 21, my advice is to do it at Bovada.

It’s not just that this online sportsbook is giving great 2024 Chinese Grand Prix odds; it’s also because there are some nice bonuses up for grabs.

For example, every new customer can grab the 125% welcome bonus through which they can get up to $1,000. You can use that right away to bet on sports and turn your knowledge into profit..

Bovada isn’t just known for their sportsbook promos, of course. They also are top tier in terms of props. In addition to betting on the outright Chinese Grand Prix winner, you can bet on top three finishes, winning times, and more.

Head there now to take advantage of their excellent F1 betting offerings before this race gets going!

Max Verstappen is the best driver in the 2024 Formula 1. The evidence of this is that he has won three of the four races run so far.

The only event he didn’t win was the Australian GP, which he abandoned due to car problems. But his RB20 is a fantastic car so such things should not happen anymore.

ITS RACE WEEK 🏁 Back to China 🇨🇳
📍 Shanghai International Circuit

The last time we raced here, Max Verstappen had only 5 wins to his name, Pierre Gasly still raced for Red Bull, Checo still drove for Racing Point – and Red Bull had not won a race with Honda yet. pic.twitter.com/FLSSWCpKlV

— RBR Daily (@RBR_Daily) April 15, 2024

Not only does he have the skills and the gear needed to win this race, but he’s also very motivated to do so. The thing is that the Chinese GP is one of only two races on the 2024 F1 calendar that he hasn’t won yet.

He did compete in five editions of the Chinese GP, finishing only once on the podium (3^rd place). If you’re wondering why he hasn’t done better, it’s because all of those events took place back when he was only starting his F1 journey – the previous Chinese GP race was in 2019.

Fast-forward to April 2024 and Verstappen is ready to finally win this event. Everything seems to be going in his favor ahead of the race, so it’s really not surprising that Bovada is giving just -500 on this guy winning.

Believe it or not, that price does beat a lot of the other F1 betting sites, as BetOnline recently had him priced at -600. If you want to bet on Verstappen (and you probably should), taking advantage of his odds at Bovada makes sense. I’d just do it ASAP.

If Verstappen doesn’t win on Sunday, who’s gonna get to the top of the podium? Judging by the odds for the Formula One Chinese Grand Prix from Bovada, the three most likely candidates are Sergio Perez, Carlos Sainz, and Charles Leclerc.

Verstappen’s teammate from Red Bull Racing is second on the list of top favorites to win the Chinese GP. Sergio Perez is priced at +900 at Bovada, which is great value considering how good this guy is. Each time Verstappen won this season, he came in second. Maybe it’s time for the opposite to happen?

Carlos Sainz is the only driver aside from Max Verstappen who won a race in the 2024 Formula One. He did it a month ago in Australia when Verstappen’s car broke down. Sainz also did well in Japan two weeks later, finishing in third position.

Charles Leclerc hasn’t won a single race since the summer of 2022. Does this mean he’s overdue for a win? He’s been doing alright this season, finishing in the top four in every race so far, which explains why he’s one of the top Chinese GP contenders in the eyes of Bovada’s oddsmakers.

One of my Chinese Grand Prix predictions is that Lewis Hamilton is going to do well. I’m not convinced he’s going to win, but he might get on the podium for the first time in the 2024 Formula One season.

This has been one of the worst seasons of his F1 career, but there’s still plenty of time for the legendary British driver to climb in the Drivers’ Standings. He’s currently 9^th but getting a Top 3 finish on April 21 could take him a couple of positions higher.

The reason I think he might do it in China is that he’s got some really nice memories from racing at Shanghai International Circuit. In fact, he’s the driver who holds the record for the most F1 wins on this track.

Bookies, however, don’t seem to agree with me. At Bovada, the odds for Lewis Hamilton getting a Top 3 finish are +1200. It feels like a long shot, but aiming high with a superstar like Hamilton at this price does make some sense.

As it’s been the case every time this season, I’m backing Max Verstappen to win. He has the best Chinese GP odds, as is the case with basically every race he’s in – and for good reason.

So far, this Formula 1 betting strategy has been working great. In fact, he only failed me once by not winning the 2024 Australian GP, but it wasn’t his fault – his car malfunctioned.

I’m sure there won’t be any problems with Verstappen’s RB20 this time. Instead, he’s gonna dominate the race from the very start, winning the No. 1 position smoothly.

If you agree with me, head over to Bovada to back Verstappen at -500. If the odds aren’t attractive enough for you, maybe betting on Verstappen finishing in the Top 3 would be a better solution. The odds of such a scenario playing out are +1200. I think that’s worth a bet.

There are a few other sites offering Chinese Grand Prix odds, too. BetOnline is another great option. Their odds for Verstappen are inferior, but they could be a more lucrative option for some of the sleepers.

There’s a lot to get excited about for racing fans these days, and not just for motorsports enthusiasts. The Triple Crown is just around the corner, so be sure to brush up on the latest 2024 Kentucky Derby odds before placing your bets, as well.

Want a little more insight as far as how to bet on motor sports events in general? Stop by our motorsports betting guide.

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