F1 Saudi Arabian GP Odds & Picks

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F1 Saudi Arabian GP Odds & Picks

Formula 1 stays in the Middle East for the 2024 Saudi Arabian Grand Prix this weekend. It was one of only three races in 2023 that Max Verstappen didn't grab the checkered flag, with Red Bull teammate Sergio Perez getting the win in his stead.

Will Verstappen, as the overwhelming favorite, open the season 2-0 after already winning in Bahrain?

Check below for the outright odds to win the 2024 Saudi Arabian Grand Prix set for Sunday, March 10 at Jeddah Corniche Circuit.

Odds as of March 4, 2024.

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Saudi Arabian Grand Prix 2024 starting grid

Saudi Arabian Prix 2024 pre-qualifying favorites

Max Verstappen (-490 to -400)

Max Verstappen picked up right where he left off by winning the Bahrain GP to open the 2024 F1 calendar. Unsurprisingly, he's the heavy favorite in Saudi Arabia for the year's second race.

However, the 2023 Saudi Arabian GP was one of three races where Max didn't find himself in the winner's circle. That said, Verstappen won this race in 2022 and has never finished worse than second in the three years it's been held.

Sergio Perez (+800 to +1,300)

When Verstappen came in second on this track a year ago, it was teammate Sergio Perez who ultimately took home the victory. Part of that may have been tied to his strong qualifying times that provided him with the first spot in the starting grid. Comparatively, Verstappen opened at 15.

Checo echoed 2023 by finishing second at Bahrain to his teammate. 

Charles Leclerc (+1,100 to +1,600)

It was a disappointing 2023 for Leclerc, who followed up a three-win 2022 by not once finishing in the winner's circle. He ended the year with back-to-back runner-up finishes and opened 2024 in fourth place at the Bahrain GP.

If Ferrari is hoping to break through Verstappen's ironclad grip atop the F1 leaderboard, it will fall on Leclerc to make it happen. He finished seventh in this race a year ago after being a runner-up to Verstappen in 2022.

Odds as of March 4, 2024.

Saudi Arabian Grand Prix opening odds reaction

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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.


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Red Bull's Max Verstappen is the overwhelming betting favorite to win the Saudi Arabian GP.

Red Bull's Sergio Perez won the Saudi Arabian GP in 2023, making him the third different winner in the three years it's been held.

The Saudi Arabian Grand Prix is held at Jeddah Corniche Circuit in Jeddah, Saudi Arabia. It is the second-fastest track behind Monza, second-longest behind the Circuit de Spa-Francorchamps, and has the most corners of any track on the calendar (27).