F1 Betting Preview: Hungarian Grand Prix Odds

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F1 Betting Preview: Hungarian Grand Prix Odds

Following an entertaining weekend at Silverstone, F1 returns this weekend with the Hungarian Grand Prix. There is much excitement ahead of the race. Daniel Ricciardo returns to the grid with Alpha Tauri, while Mercedes will be hoping that Lewis Hamilton and George Russell will benefit from upgrades. As you would expect, Championship leader Max Verstappen is the favourite in the Hungarian Grand Prix odds. 

However, there is still value to be found ahead of the weekend’s action. Can Lando Norris build upon his second-place finish last time out? Can Ferrari finally challenge Red Bull at the front of the grid? On this page, we will discuss everything you need to know before betting on drivers at the Hungaroring. 

What is the Hungarian Grand Prix 2023 starting grid?

Saturday’s qualifying sessions will determine how the starting grid for the Hungarian Grand Prix looks. Qualifying is always one of the highlights of the weekend, with there normally being one of two surprises. Verstappen has started on pole in the last five races, dating back to Monaco. Only two other drivers have finished on pole this season, Sergio Perez and Charles Leclerc. 

Why is the Hungaroring a difficult track?

The Hungarian Grand Prix takes place at the Hungaroring, a track that is notoriously bumpy and twisty. As such, it makes overtaking tricky, especially in dry conditions. Many compare the circuit to the streets of Monaco, just without the barriers. The Hungaroring is unique in that it is set in a valley, meaning that 80% of the track can be seen from any point. The track is normally very dusty too, due to the fact that it is rarely used at other times during the year. 

Who won the Hungarian Grand Prix in 2022?

Last year, it was Max Verstappen who claimed his first ever Hungarian Grand prix win. The reigning world champion finished ahead of Mercedes duo Hamilton and Russell, despite the Dutchman having started the race 10th on the grid. He would eventually finish more than 7 seconds clear of Hamilton, with Ferrari having been heavily criticised for their strategy post race too. 

Who is the favourite to win the Hungarian Grand Prix?

Having won the last six Formula 1 races, it should come as no surprise that Verstappen is the overwhelming favourite this weekend. It could be a record-breaking weekend for Verstappen and Red Bull, with the constructor looking to make it 12 straight successes. They equalled the record of McLaren at Silverstone last time out. 

Meanwhile, Verstappen would become just the fourth driver in the history of the sport to win seven straight races. However, the likes of Fernando Alonso, Hamilton, Norris, Russell, Carlos Sainz, Charles Leclerc and team mate Sergio Perez will be doing their utmost to stop him. 

How does betting on the Hungarian Grand Prix work?

There are a large number of markets available to those looking to bet on Formula 1 today. The Hungarian Grand Prix is no different. Each driver is given odds on potential outcomes, including their performance during qualifying and the race itself. Meanwhile, bets can also be placed on constructors' performances during the weekend. 

What types of bets can I make on the Hungarian Grand Prix?

In order to better understand how Hungarian Grand Prix betting works, we will outline some of the most popular markets available to punters in the UK today. 

Hungarian Grand Prix 2023 winner

This is the simplest and most popular market offered by bookmakers. Here, you are simply betting on which individual driver wins the race. The margin of victory or other factors are not important. Ahead of the Hungarian GP, this is how the odds look: 

Podium finish

If you are looking for a little more insurance, you can bet on a driver to record a podium finish. This means that they must finish in one of the top 3 positions. Whether they win, finish second or are third to cross the line is not important. The following are the odds for the top 5 drivers to finish on the podium in Hungary this weekend:

Winning constructor

Given their recent success, it should come as no surprise that Red Bull are the firm favourites to secure a record-breaking 12th consecutive win. However, other constructors will be looking to give their drivers the best possible chance of causing an upset. 

Fastest Lap

Given the fact that the driver who records the fastest lap on race day receives 1 championship point, there is much emphasis on this outcome. Ahead of this weekend’s Hungarian GP, this is how the odds for this market look:

Head-to-head matchups

Many motor racing fans enjoy placing bets on individual matchups between drivers. Here, you are wagering on which driver will finish ahead of the other. With most bookies, such markets are introduced once qualifying is complete. 

What are the best Formula 1 betting bonuses?

Part of the appeal of betting on Formula 1 online is the promotions offered by bookies. Some bookies offer bonuses specific to motor racing, while there are also generic offers that cater for F1 fans. Price boosts and money back specials are the most common. However, you can also use welcome bonuses to bet on the Hungarian Grand Prix. Just be sure to read the terms and conditions before signing up and depositing money. 

How to place a bet on the Hungarian Grand Prix

If you are new to sports betting online, then be sure to look at the step by step guide below. Here, we have outlined exactly how to back your favourite driver with one of our recommended bookies:

  1. Enter the website of your chosen bookmaker.
  2. Click on “Register” or similar button.
  3. Complete the registration form by providing the required personal details. 
  4. At this point, you may also need to create a username and password. 
  5. Confirm your account and verify it.
  6. Log in by entering your username and password.
  7. Deposit money using your preferred payment method.
  8. Browse F1 markets and add selections to your bet slip.
  9. View possible bets and enter your stake.
  10. Confirm your bet and watch on as the race takes place to track your picks. 

Can you bet live on the Hungarian Grand Prix?

With the majority of bookies in the UK, it is possible to place live bets on Formula 1 races. As such, you will be able to bet on drivers and constructors even once that action is underway on Sunday. Odds fluctuate based on what is taking place on the track, whether it be a crash, overtake, safety car or another incident. With pre-race odds not always being the most appealing, some turn to live markets in order to find value. 

Can I stream the Hungarian Grand Prix with UK bookies?

Unfortunately, it is not possible to watch the Hungarian Grand Prix through betting sites in the UK. Unlike other sports, Formula 1 live streaming is unavailable, due to broadcasting rights. However, some bookies offer useful graphics, which can be used to track the race. 

Which UK bookies have the best Hungarian Grand Prix odds?

Odds for the Hungarian Grand Prix differ between bookies. It is important that you take advantage of the best prices. This is because even a small difference in odds can have a significant impact on your potential returns. Sky Bet regularly offers the best F1 odds, while also offering a large number of markets. Sky Bet is closely followed by BetUK and Spreadex, with such bookies also offering price boosts from time to time.

Where can I watch the Hungarian Grand Prix 2023?

The 2023 Hungarian Grand Prix will get underway at 2pm on Sunday, July 23. You can watch all the action on Sky Sports F1. Practice starts on Friday, before qualifying on Saturday. As we have already mentioned, no bookies in the UK offer live streaming of the race. 

  • Location: Hungaroring, Mogyoród, Hungary
  • Date and time: 2pm GMT, Sunday 23rd July
  • TV/live streaming: Sky Sports F1 

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