Canadian Grand Prix Odds & Picks

Another F1 race, another odds board with Max Verstappen sitting comfortably at the top. This time around, the Red Bull star is a -330 favorite to defend his Canadian Grand Prix title — read more in our full F1 odds below.

Formula 1 is getting a quick break this week before heading north for the Canadian Grand Prix at Circuit Gilles Villeneuve on June 18.

While the F1 odds board is once again slating Max Verstappen as a sizable favorite, Lewis Hamilton — along with teammate George Russell — is making a bit of a leap after an encouraging week in Barcelona. 

We break it all down in our full Canadian Grand Prix odds below, including betting line reactions, free betting picks, and more. 

Canadian Grand Prix 2023 odds

Odds as of June 6, 2023.

Canadian Grand Prix 2023 pre-qualifying favorites

Max Verstappen (-330)

It's rinse and repeat for the Red Bull superstar, who pieced together a flawless weekend in Spain and captured his fifth win of the season. He claimed pole on Saturday, won wire-to-wire on Sunday, and recorded the fastest lap. 

He finished 24 seconds clear of second place in a result that only further solidifies his domination over the F1 grid. He's a sizable favorite for good reason. 

Sergio Perez (+400)

Max's teammate Sergio Perez is the only other guy to win this season, with two wins through seven races.

Sitting second in the Drivers' Standings, Checo is really the only logical option if you think Max won't be the guy once again. 

Lewis Hamilton (+1,400)

After weeks of seeing Fernando Alonso in this third spot, it now belongs to Lewis Hamilton — at least for now. 

The car looks to be getting faster, as evidenced by Mercedes' double-podium finish in Barcelona. 

Canadian Grand Prix 2023 odds (without Verstappen)

Week in and week out, we're seeing Max Verstappen listed as a heavy favorite and with him continuing to deliver, the value is being sucked out of the outright winner markets. 

Enter the "Without Verstappen" market, where you can bet on the race's top finisher excluding the Red Bull superstar. When Max wins, that will be the runner-up... when he doesn't win, it will simply be the race winner. 

The odds aren't as readily available as the regular outright odds, but when they go live, we'll list them here. Stay tuned. 

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Canadian Grand Prix 2023 opening odds reaction

Coming soon!

Canadian Grand Prix 2023 starting grid

Understanding F1 betting odds

The most popular way to bet on Formula 1 odds is by simply picking the winner of a particular race. Other popular F1 betting options include which car/constructor will win and whether or not a particular race car driver will end up on the podium with a Top-3 finish.

F1 race odds usually look like this:

This means that on a $100 bet, you'll stand to profit $1,400 if Perez wins that particular race. If one driver is especially dominant, you might see a minus sign (-) ahead of that driver's odds like this:

This means that you would need to bet $120 to win $100 on Verstappen winning the race.