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Monaco Grand Prix Odds: Leclerc Will Look to Repeat in 2025

Sean Tomlinson

Last Updated: February 16, 2025 3:57 PM EST • 2 min 43 sec read.

Ferrari driver Charles Leclerc races as we look at the Monaco Grand Prix odds
Ferrari driver Charles Leclerc races. Photo Credit: David Kirouac-Imagn Images.

Charles Leclerc grew up around the same Monte Carlo streets he dominated in 2024, making his victory that much sweeter.

The pole-sitter led every lap en route to taking his hometown race for the first time after being among the favorites entering the event in the Monaco Grand Prix odds. It was the first of three wins for Leclerc in 2024, a season that featured a second-half rise for Ferrari.

Now Leclerc is among the leading contenders in the F1 championship odds, and he surely will be again too in Monaco during the 2025 race once odds are released.

Monaco Grand Prix odds 2025

Our best F1 betting sites typically release Monaco Grand Prix odds early since it's one of the marquee events on the F1 calendar. Often prices are posted a few months prior to the event, as opposed to a few weeks like many other races.

We'll keep you posted here when those odds surface. Leclerc closed as the overwhelming favorite after qualifying in 2024, as is usually the case for the pole-sitter since passing in Monaco is incredibly difficult. He was given -235 odds through DraftKings, far ahead of Oscar Piastri at +550.

How to bet on the Monaco Grand Prix

The most popular bet on the Monaco Grand Prix is picking which driver will win outright. To place that wager, simply select an outright winner from one of our best sportsbooks.

Another common bet is to wager on whether a driver will record a podium finish. Similarly, you can bet on a top-six or top-10 result. The practice and qualifying winner can also be wagered on prior to those events, and there are matchup props that pit drivers against each other.

The most unique props are the "without" markets. These often remove the heavy favorites who are stomping the field regularly, like Max Verstappen and Red Bull. Bettors then need to pick from the best of the rest.

DraftKings offered a "without" market for the 2024 race and qualifying that removed every driver from Red Bull, McLaren, Mercedes, Ferreri, and Aston Martin.

How to read Monaco Grand Prix odds

Reading Monaco 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).

Past Monaco Grand Prix winners

YearDriverTeam
2024Charles Leclerc Ferrari
2023Max VerstappenRed Bull
2022Sergio PerezRed Bull
2021Max VerstappenRed Bull
2020Not held due to COVID-19Not held due to COVID-19
2019Lewis HamiltonMercedes
2018Daniel RicciardoRed Bull
2017Sebastian VettelFerrari
2016Lewis HamiltonMercedes
2015Nico RosbergMercedes
2014Nico RosbergMercedes
2013Nico RosbergMercedes

Motorsports betting odds pages

NASCAR Cup Series OddsIndy 500 Odds
F1 Driver/Constructor Series Championship OddsMonaco Grand Prix Odds
Las Vegas Grand Prix odds

Monaco Grand Prix FAQs

Who won the 2024 Monaco Grand Prix?

Charles Leclerc took his hometown race after entering as the heavy favorite to win the 2024 Monaco Grand Prix with odds as short as -275, implying a 73.33% chance to win.

When is the 2025 Monaco Grand Prix?

The 2025 Monaco Grand Prix will held on May 25.

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Written By:
Sean Tomlinson
Sean Tomlinson has been in the sports media wilderness since 2009, and he joined Sportsbook Review in 2021. His work has been referenced in The New York Times and Forbes. He's also made appearances on The Fan 590 and TSN 1050. Sean is a regular bettor who places bets daily while using a handful of books. Most frequently, he uses FanDuel and bet365 due to the quality experience on those apps. While he'll often take an analytical approach, Sean enjoys the fun, recreational side of betting too, and embraces alternative markets on events like the Westminster Dog Show or Eurovision, or the many novelty props tied annually to the Super Bowl, for example. Beyond sports, Sean is also interested in the betting markets tied to politics, and especially those connected to American elections. He sees betting as a way to explore and engage in a deeper way, and takes that same view to his work. He plays poker periodically too, and is an avid fantasy sports player. Sean also previously spent time with Bleacher Report and theScore, all after earning his media studies degree from the University of Guelph-Humber.