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Max Verstappen is the heavy favorite per F1 Championship odds

Almost three-quarters of the Formula 1 season is over, and defending champion Max Verstappen is well ahead at the top of the standings by 80 points. The Belgian/Dutch driver is dominating the field with eight wins on the season, while Charles Leclerc is next behind Verstappen with three wins.

That’s why Verstappen is so far ahead in the points standings and indeed why he is at the top of the oddsboards. Sportsbook Betway has Verstappen as the overwhelming favorite at -1200 and Leclerc is next at +750.

Want a reliable betting guide on F1 betting? Take a look at Odds Shark’s dedicated F1 page.

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F1 Drivers Championship Odds

Odds to win 2022 Drivers World championship
Max Verstappen-1200
Charles Leclerc+750
Lewis Hamilton+4000
George Russell+5000
Carlos Sainz+10000
Sergio Perez+25000

Odds as of August 21 at Betway

Why Is Max Verstappen Favored So Much In F1 Championship Odds?

Again, the Oracle-Red Bull Racing driver has nearly three times as many wins as the next driver in the F1 standings with about 40 percent of the season remaining. Verstappen has won four of the last six races, including the last two. In the two races he didn’t win, Verstappen finished seventh and second, picking up 25 points in the process.

Remember, Verstappen is up 80 on Leclerc in the standings. For Leclerc to leapfrog Verstappen, he’d need to win three races without Verstappen picking up a point. But the Belgian/Dutch driver hasn’t been shut out on points the entire year.

That’s why he is the overwhelming favorite here. It’s not just about another driver winning out the rest of the way, it’s doing so while keeping Verstappen off the board over the next nine. This is Verstappen’s championship to lose.

2022 Drivers Championship Underdog

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Charles Leclerc (+750)

The Monaco driver is second in points behind Verstappen with 178 points on the year. So that’s why the Scuderia Ferrari driver holds the second-best odds to win, but he’s got a massive hill to climb if he’s actually going to win the championship.

To his credit, he’s won three races and finished on the podium five times this season. His 3.2 average finish on the year is second only behind Carlos Sainz and 0.05 ahead of Max Verstappen, whom he’s chasing for the championship.

With the Belgian Grand Prix and Dutch Grand Prix – races that Leclerc has won in the past – still to take place, he has a really good chance to start narrowing that gap with seven races still to go afterward.

Lewis Hamilton (+4000)

No driver in F1 history has more championship wins than Lewis Hamilton’s seven. The English driver has been dominant since 2014, winning six championships in eight years.

Hamilton is on 156 points this year despite not winning a single race. If he’s to win an eighth F1 championship, he needs to make up 102 points just to level Max Verstappen on the season. He’s got nine races to do it.

Things are going well through his last five races. Since the Canadian Grand Prix, Hamilton has finished third, third, eighth, second and second, averaging 14.4 points per race. Pace that out over the remainder of the season and he could add 129 points to his tally.

That’s not going to be enough to take an eighth championship title, but his 3.6 average finish is much better than his 6.625 in his previous eight races.

At +4000, a $100 winning bet on Hamilton showing he’s not done dominating the F1 circuit could return a whopping $4,000 profit. Don’t forget that we’ve already seen Hamilton finish a season with an impressive run. In 2016, he closed out with four wins in the final four races.

F1 Championship - Last 10 Winners

  • 2012 - Sebastian Vettel (3)
  • 2013 - Sebastian Vettel (4)
  • 2014 - Lewis Hamilton (2)
  • 2015 - Lewis Hamilton (3)
  • 2016 - Nico Rosberg (1)
  • 2017 - Lewis Hamilton (4)
  • 2018 - Lewis Hamilton (5)
  • 2019 - Lewis Hamilton (6)
  • 2020 - Lewis Hamilton (7)
  • 2021 - Max Verstappen (1)

There’s been very little fluctuation when it comes to the F1 championship. The end of the Sebastian Vettel era leads to the opening of the Lewis Hamilton era. German Nico Rosberg was able to nick a championship from Hamilton in 2016 before the Englishman got back to his winning ways. The 2021 championship seems to be the opening of the Max Verstappen era in F1.