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Mercedes AMG Petronas driver George Russell reacts after winning pole position as we analyze the 2024 Las Vegas Grand Prix odds.
Mercedes AMG Petronas driver George Russell reacts after winning pole position. Photo by Gary A. Vasquez via Imagn Images

Despite taking pole position after winning qualifying, George Russell is trading just behind Carlos Sainz Jr., the Las Vegas Grand Prix odds favorite at FanDuel hours before the race. 

Russell became the first driver who doesn't race for Ferrari or McLaren to take pole position in the last 10 races, since the British Grand Prix in July. 

Russell's only win of the season came in Austria in June. Sainz is the consensus Las Vegas Grand Prix odds favorite at our F1 betting sites, with Charles Leclerc the co-favorite at DraftKings. 

Sainz finished second in qualifying, while Leclerc, our Las Vegas Grand Prix picks choice to win it all, finished fourth. Max Verstappen will start the race in fifth position. 

Las Vegas Grand Prix odds 2024

(Las Vegas Grand Prix odds from our best sports betting sites)

DriverOdds (FanDuel)Implied probabilityProfit on a $10 bet
Carlos Sainz Jr.+22031.25%$22
George Russell+24029.41%$24
Charles Leclerc+26027.78%$26
Max Verstappen +60014.29%$60
Lando Norris+9509.52%$95
Lewis Hamilton+17005.56%$170
Oscar Piastri+25003.85%$250
Pierre Gasly+95001.04%$950
Yuki Tsunoda+200000.50%$2,000
Sergio Perez+320000.31%$3,200
  • Leclerc is the co-favorite at DraftKings (+245) after qualifying
  • Norris, who finished second in the second practice, finished sixth in qualifying and saw his odds decrease from +270 to +950
  • Mercedes drivers finished first and sixth in qualifying
  • Verstappen's odds at FanDuel took another hit after qualifying, lengthening from +420 to +650 before improving to +600 hours before the race
  • Ferrari drivers finished second and fourth in qualifying (Sainz second and Leclerc fourth)
  • Lewis Hamilton struggled in qualifying, finishing 10th. That result saw his odds drop from +750 to +2700. However, his odds have since shortened to +1700 thanks to heaps of public support
  • Pierre Gasly, who finished in third in Sao Paulo, will start third on the grid after another impressive run in qualifying. His odds shortened from +42000 to +9500
  • Four drivers have an implied probability of 10% or higher going into Sunday morning's race

Las Vegas Grand Prix odds 2024: Favorites

Charles Leclerc (+260)

Leclerc finished fourth in qualifying but is well-positioned to improve on his runner-up position from last year's Las Vegas Grand Prix. His odds didn't move at FanDuel after qualifying, as he remains at +250 and will enter the race as the third-favorite at FanDuel. He is the favorite at DraftKings (+185) and the co-favorite at BetMGM (+225). 

Leclerc was strong during his first time under the bright lights of Vegas last year. The Ferrari driver finished second, one of just two who were within about two seconds of the winner Verstappen. There was a canyon of space after Sergio Perez behind Leclerc, with Esteban Ocon finishing fourth at 18.7 seconds behind the leader.

The 26-year-old endured some struggles in 2023, but that's far behind him now. Leclerc has been at the center of Ferrari's uprising this campaign, which includes victories in Monaco, Austin, and igniting the Tifosi with a triumph at Monza.

He's pushed Ferrari to second in the constructors' standings, and a win in Vegas could go a long way toward closing the gap on McLaren.

A $10 bet on Leclerc would end in a $26 profit if he wins.

Best odds: +260 via FanDuel | Implied probability: 27.78%

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Lando Norris (+950)

Norris' sixth-place finish in qualifying substantially decreased his Las Vegas Grand Prix odds, which lengthened from +300 to +900 at FanDuel. He lasted only three laps during the 2023 Las Vegas Grand Prix before spinning on turn 12 and crashing out. However, Norris is well-positioned to challenge atop the grid this time around. 

Norris has quickly emerged in 2024 as fierce competition for Verstappen, as has McLaren with its rocket-fueled cars that have spent much of the season blowing past anything Red Bull has to offer.

He was pushing Verstappen for the drivers' title until a sixth-place stumble in Brazil all but ended his chances. Norris is consistently at the front of the grid and a contender for podium finishes, ending up among the top three 12 times and notching three victories, with the most recent coming in Singapore.

His rise has come with plenty of on-track friction with Verstappen too, as the pair of seem to get tangled up nearly every race. That resulted in two separate 10-second penalties for Verstappen in Mexico, which came after a similar controversy in Austin.

Norris has dominated Verstappen and the entire field plenty of times this season, most notably earning a 22-second victory during the Dutch Grand Prix.

A $10 wager on him would result in a $110 profit at DraftKings. 

Best odds: +1100 via DraftKings | Implied probability: 8.33%

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My Las Vegas Grand Prix pick to watch

Max Verstappen (+600)

Verstappen saw his odds lengthen from +420 to +650 after finishing qualifying in fifth spot. 

The struggles of Red Bull after Verstappen won seven of the first 10 races this season were immense and at times shocking. But writing Verstappen off completely felt like malpractice even at the depth of those woes given his clear championship pedigree.

Remember, it wasn't long ago that Verstappen was consistently being offered at deep minus odds ahead of every grand prix. And now his sputtering, at least by the sky-high standards of Red Bull, has led to appealing odds for the defending Las Vegas Grand Prix winner.

The dominant version of Verstappen reappeared during the Brazil race amid incredibly difficult conditions, leading to a stomping of the field. Verstappen pulled away swiftly after reaching the front, resulting in a 19.477-second win. In the process, he became just the fifth driver over 1,121 world championship races to start 17th or lower and win.

He still needs to shore up his fourth title as a driver, and Red Bull remains within reach of the constructors' championship while sitting 49 points behind. A motivated Verstappen is always dangerous.

A $10 bet on Verstappen will result in a $60 profit.

Best odds: +600 via FanDuel| Implied probability: 14.29%

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Las Vegas Grand Prix props

Our best sports betting sites are offering a wide array of props as the racing teams of F1 get set to zip around underneath the neon lights of Vegas.

The selections range from betting on who will be the last to take a pit stop to whether there will be a safety car. Let's take a look at some of the main offerings.

Podium finish

DriverOdds (FanDuel)Implied probabilityProfit on a $10 bet
Carlos Sainz-23069.70%$4.35
George Russell-23069.70%$4.35
Charles Leclerc-19065.52%$5.26
Max Verstappen-13056.52%$7.69
Lando Norris+12544.44%$12.50
Oscar Piastri+50016.67%$50
Lewis Hamilton+65013.33%$65
Pierre Gasly+14006.67%$140
Yuki Tsunoda+43002.27%$430
Sergio Perez+50001.96%$500

The area to target here is clearly the middle and the battle for third, with the top three rightfully getting very short odds.

Carlos Sainz is still driving for a surging Ferrari team for a few more races. He's already recorded seven podium finishes, including two wins. The Spaniard has finished second or better in two straight races.

Fastest lap

DriverOdds (FanDuel)Implied probabilityProfit on a $10 bet
Lando Norris+36021.74%$36
Max Verstappen+36021.74%$36
Charles Leclerc+42019.23%$42
Carlos Sainz+60014.29%$60
Lewis Hamilton+85010.53%$85
Oscar Piastri+85010.53%$85
George Russell+90010%$90
Sergio Perez+15006.25%$150
Nico Hulkenberg+70001.41%$700
Kevin Magnussen+70001.41%$700

There's a clear correlation here with who will win the race, which is why the offerings for the top contenders for the fastest lap on race day are similar to the outright winner market.

However, late-race strategies can throw a wrench into things. If, for example, Norris is leading the race late and also holds the fastest lap with Verstappen a few positions behind, Red Bull could decide to put Sergio Perez on soft tires to snatch it away.

Nationality of winner

DriverOdds (bet365)Implied probabilityProfit on a $10 bet
Any other nationality+12544.44%$12.50
Spanish+18734.84%$18.70
British+21032.26%$21
French+100000.99%$1000

The likes of Verstappen (who's from the Netherlands) and Leclerc (Monaco) contribute significantly to the short +120 price for taking the field. 

However, Sainz (Spain) isn't far removed from winning the Mexico Grand Prix. And of course, you get the bundle of highly-talented British drivers on powerful teams while backing that option, including Norris, Lewis Hamilton, and George Russell, the latter of whom won qualifying.

2024 Las Vegas Grand Prix race info

  • When: Sunday, Nov. 24 at 1 a.m. ET
  • Where: Las Vegas Street Circuit, Las Vegas
  • How to watch: ESPN
  • Defending winner: Max Verstappen

Las Vegas Grand Prix odds history

YearDriverOdds
2023Max Verstappen-190

How to bet on the Las Vegas Grand Prix

Betting on the Las Vegas Grand Prix odds is pretty simple. First, pick a reputable sportsbook that offers the market.

Check out the odds for each driver. For example, if the Verstappen is +175 to win, a $100 bet on him would win you $175 if he takes the race. Place your bet by deciding how much you want to wager. If you bet $100 on Verstappen at +175 and he wins, you’ll get $275 back ($175 profit + $100 stake).

Keep an eye on the drivers' performances throughout the season to see how your bet is doing.

It's important to remember that odds move in future markets. It’s all about performance and perception. If a driver starts doing better or worse than expected, their odds will change.

Public betting trends play a role too. If a lot of people are betting on one team, sportsbooks might adjust the odds to balance their risk.

Expert analysis and predictions can influence how people bet, which in turn affects the odds.

How to read Las Vegas Grand Prix odds

Reading Las Vegas Grand Prix odds is straightforward. Odds are usually presented in a format like +500 or -200. Positive odds (e.g., +500) show how much profit you’d make on a $100 bet.

For example, a $100 bet at +500 odds would win you $500, plus your original $100 stake, totaling $600. Negative odds (e.g., -200) indicate how much you need to bet to win $100. So, a $200 bet at -200 odds would win you $100, plus your $200 stake, totaling $300.

These odds also reflect the probability of a driver winning the race. Lower odds (e.g., +300) suggest a higher likelihood, while higher odds (e.g., +2000) indicate a lower probability.

Sportsbooks adjust these odds based on factors like driver performance and betting patterns.

If the Verstappen is getting +125 odds and Lando Norris is at +200, Verstappen is considered more likely to win. If you bet $100 on Verstappen and he wins, you’d get $225 back ($125 profit + $100 stake).

Las Vegas Grand Prix FAQs

Who is the Las Vegas Grand Prix favorite?

Carlos Sainz Jr. is the Las Vegas Grand Prix odds favorite at FanDuel, trading at +220. Those odds translate to a 31.25% win probability.

Who won the Las Vegas Grand Prix last year?

Verstappen won the 2023 race, finishing just ahead of Charles Leclerc and Sergio Perez.

When will the Las Vegas Grand Prix be decided?

The second running of the Las Vegas Grand Prix will be held on Sunday, Nov. 24 at 1 a.m. ET.

Where will the Las Vegas Grand Prix take place?

Drivers will fly along the Vegas strip while navigating a 6.2-km circuit for 50 laps in Las Vegas, Nevada.

How long is the Las Vegas Grand Prix track?

The Las Vegas Grand Prix consists of 50 laps of a 6.201 kilometer (3.853 miles) track for a total of 309.958 km (192.599 miles).

How to watch the 2024 Las Vegas Grand Prix

You can watch the Las Vegas Grand Prix on ESPN or stream it via F1TV Pro and Apple TV.

Here are our best F1 betting sites:

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