F1 British Grand Prix Odds & Picks

Fresh off yet another victory at the Austrian GP, Max Verstappen is again the overwhelming betting favorite at Silverstone. However, he has historically not done as well at the British GP, failing to win in any of his seven attempts.

Max Verstappen was dominant once again with his victory at the Austrian Grand Prix over the weekend. It was his seventh win of the season and fifth straight.

As a result, Formula 1 odds have Verstappen pegged as the overwhelming favorite entering Silverstone Circuit on Sunday, July 9.

Ahead of the full race on Sunday, here are the latest British GP odds. with our British Grand Prix best bets to follow later in the week.

British Grand Prix 2023 odds

Odds as of July 3, 2023.

British Grand Prix opening odds reaction

Verstappen's utter dominance throughout the F1 calendar cannot be overlooked. He hasn't finished worse than second in any race in 2023, and it's been quite some time since even that happened. Red Bull teammate Sergio Perez took the checkered flag at the Azerbaijan GP back on April 30 by just over two seconds. Charles Leclerc was a distant third.

Now, Verstappen was similarly sublime in 2022 and nearly as red-hot in 2021 (when he won his first championship) but that success didn't translate at Silverstone. Despite opening in the second position, Verstappen finished in seventh last year. The season before that, he was forced to retire from the British GP after a collision with eventual race winner Lewis Hamilton.

In fact, Verstappen has never won the British Grand Prix in seven chances. He's had two second-place finishes (2020, 2016) but has otherwise been thwarted. Formula 1 oddsmakers don't seem bothered by it, of course, especially since Hamilton (an eight-time winner of the event) hasn't been at his peak this season.

Perez is considered the next best shot if Verstappen can't pull through, but he also hasn't won at Silverstone. Red Bull hasn't fielded a winning driver at the race since Mark Webber in 2012. 

Last year's winner, Carlos Sainz, is available between +2,200 and +2,800 as oddsmakers are not anticipating a repeat performance. He has yet to finish on the podium in 2023 and the 2022 British GP remains his lone F1 victory.

British Grand Prix 2023 picks

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British Grand Prix 2023 starting grid

British 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. 

Odds without Verstappen are currently unavailable for the British Grand Prix but will be added when the market opens.

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.