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Hamilton Favored To Win Fourth Straight F1 Championship

F1 Championship Odds

Testing is underway, which means that the first F1 race is right around the corner. In 2019, Mercedes was the team to beat, winning 15 of the 21 races, and Lewis Hamilton was the man carrying the checkered flag in 11 of those victories en route to his third straight F1 drivers championship.

With Mercedes looking strong early in testing, it should come as no surprise that the manufacturer is a -350 favorite to win the constructor championship and Hamilton is the racer expected to win the drivers title at -175.

Online sportsbook BetOnline has Hamilton favored to win his seventh career championship at -175 followed by Charles Leclerc at +450, Max Verstappen at +550, Valtteri Bottas at +550, Sebastian Vettel at +700, Alexander Albon at +10000, Carlos Sainz at +40000, Daniel Ricciardo at +50000, Lando Norris at +50000 and Esteban Ocon at +75000 to round out the top 10 drivers on the oddsboard.

Why Is Lewis Hamilton The Favorite?

Hamilton enters the 2020 season just seven wins shy of all-time wins leader Michael Schumacher at 91. With the Brit collecting 11 checkered flags in 2019, it would not be surprising to see him match and even surpass Schumacher this year. We could be looking at the best F1 driver of all time, so why not set him as the preseason favorite?

In preseason testing, Mercedes looks as good as ever, running many laps with hardly any issues, which bodes well for reliable cars in the 2020 season. A new innovative steering system is turning heads for Mercedes. The new steering allows drivers to alter the toe of the car which allows for more even tire wear – the rich get richer. With always evolving gear to help out the pilot driving these vehicles, it almost feels unfair and that’s why Hamilton is the clear favorite.

Which Driver Is Providing Better Value Than Hamilton?

While it’s probably not a wise decision to bet against Hamilton, it can be fun to shoot for a bit of an underdog when looking at a futures play – something you can root for all year. The driver who stands out to me is Belgium’s Max Verstappen, who’s driving for Red Bull. The 22-year-old continues to improve each season after becoming the youngest-ever full-time driver in 2015 and the youngest-ever race winner in 2016, driving to victory lane in the Spanish Grand Prix.

Verstappen had a strong 2019 campaign in which he had career highs with three victories, two poles and three fastest laps en route to a third-place finish in the championship standings. Red Bull has looked good in testing, trailing only Mercedes in laps run in the first session, so if they can be reliable and fast, Verstappen might be able to sneak in a couple more wins and challenge for the title.

Here’s a look at the full list of odds to win the 2020 F1 championship:

2020 Formula 1 Drivers Championship
Lewis Hamilton (Mercedes)-175
Charles Leclerc (Ferrari)+450
Max Verstappen (Red Bull)+550
Valtteri Bottas (Mercedes)+550
Sebastian Vettel (Ferrari)+700
Alexander Albon (Red Bull)+10000
Carlos Sainz (McLaren)+40000
Daniel Ricciardo (Renault)+50000
Lando Norris (McLaren)+50000
Esteban Ocon (Renault)+75000
Kevin Magnussen (Haas)+75000
Sergio Perez (Racing Point)+75000
Kimi Raikkonen (Alfa Romeo)+100000
Lance Stroll (Racing Point)+100000
Antonio Giovinazzi (Alfa Romeo)+150000
Daniil Kvyat (AlphaTauri)+150000
Nicholas Latifi (Williams)+150000
Pierre Gasly (AlphaTauri)+150000
Roman Grosjean (Haas)+150000
George Russell (Williams)+200000

Odds as of February 26 at  Bovada