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Formula One Odds: How to Bet on the Monaco Grand Prix

This weekend the biggest race on the Formula One calendar is upon us! We at OddsChecker are here to tell you how to bet on the Monaco Grand Prix.
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Formula One Odds: How to Bet on the Monaco Grand Prix

The Monaco Grand Prix is almost here, and after days of practicing and qualifying, it all comes down to this. Who will win the 2023 Monaco Grand Prix?

Will Red Bull continue their dominance and win for the third year running and for the fourth time in five years, or will Fernando Alonso in the Aston Martin, or the two Ferraris have something to say?

As we look ahead to what promises to be an absolute epic, check out our OddsChecker guide on how to bet on the Monaco Grand Prix. From odds to the best Monaco GP betting promotions, this guide will ensure you win bigger on the biggest race of the Formula One calendar.

Check out the latest Monaco GP odds below, and also learn how you can unlock $350 in guaranteed bonuses, plus $1000's in first bet protection for what is bound to be another exciting Monaco Grand Prix.

Monaco Grand Prix Odds

Are you looking beyond the two favorites this weekend, or are Max Verstappen and Fernando Alonso set to do battle tomorrow? Charles Leclerc has been on pole position over the past two years without winning, whilst Sergio Perez returns to defend his championship.

Check out the Monaco GP Odds for the biggest favorites ahead of this race.

  • Max Verstappen (+160)
  • Fernando Alonso (+300)
  • Charles Leclerc (+340)
  • Sergio Perez (+550)
  • Carlos Sainz (+1000)
  • Lewis Hamilton (+1400)
  • George Russell (+4000)

Clearly, the odds suggest that Red Bull should be the most confident going into this race, with Max Verstappen the favorite to land another Monaco Grand Prix. Many may be tempted to side with Lewis Hamilton given his three wins in Monaco, but this is not a track where overtaking happens very often unless mistakes are made.

With that in mind, let's look at the best ways you can maximize your profit on Max Verstappen, Fernando Alonso, or any other driver on this grid.

Monaco Grand Prix Best Betting Promotions

Check out the list below for our favorite betting promotions for the 2023 Monaco Grand Prix.

Using our top three promo codes, you can unlock $350 in guaranteed bonuses AND cover your first big bet up to $1000, so what are you waiting for?

Here are our top three promo codes for you to use on the Formula One this weekend.

Top Three Monaco GP Betting Promotions

Check out the top three Monaco GP betting promotions on the market below.

DraftKings Sportsbook: Bet $5, Win $150 on the Monaco GP

It doesn't matter whether you are betting on Max Verstappen or Fernando Alonso. Sergio Perez or Lewis Hamilton. This DraftKings promo code will see you bet $5, win $150 guaranteed on the 2023 Monaco GP this weekend.

You read that correctly. You will simply bet $5 on ANY driver of your choice in tomorrow's race, and you will instantly be rewarded with a $150 bonus. This means you do not have to wait until the end of the race to find out if you have won!

Right now, a $5 bet would barely return more than $11 if you were to bet on race favorite, Max Verstappen. Claim this DraftKings promo code below though, and you will win $150 extra, even if he doesn't win the race!

You can apply this DraftKings promo code to Verstappen, Alonso, or any other driver of your choice - just simply bet $5, win $150 now on the Monaco GP.

Follow the steps below, to lock in this DraftKings promo code.

1): CLICK HERE to claim the DraftKings promo code (or click the offer button below)

2) Register for a new DraftKings Sportsbook account by following the instructions on-screen

3) Deposit into your new DraftKings Sportsbook account

4) Bet $5+ on the Monaco GP

5) Win $150 guaranteed even if your team loses, thanks to the DraftKings promo

FanDuel Promo Code: $1000 No-Sweat Bet on the Monaco Grand Prix

If you are particularly sweet on a certain driver winning this race, or simply cannot see the favorite being beat, on a circuit that limits overtaking, then you are going to want to bet big on the Monaco GP. That is where FanDuel Sportsbook comes in!

You could wager as much as $1000 on Max Verstappen or Fernando Alonso winning this race, and you will either win big or get your stakes back as bonus bets, to try again.

This No Sweat First Bet promotion gives you the confidence to bet bigger than ever before on Formula One, as you know your bet is covered 100% up to a maximum of $1000!

So there is now no need to sweat over the Monaco Grand Prix results. Simply claim the FanDuel promo code below, sign up for a new account, and then your first bet between $10 and $1000 will be covered.

This FanDuel promo code is the biggest first bet bonus on the market and one that should not be missed, especially ahead of an event like the Monaco GP.

All that is left to do now is check out the Monaco GP odds and decide who you think is going to win this big race!

Lock in this FanDuel promo code by following the steps below.

1) CLICK HERE or click the offer button below, which will take you to the FanDuel Sportsbook site, to sign-up for the FanDuel promo code

2) Register for a new FanDuel Sportsbook account by following the instructions on-screen

3) Deposit into your new FanDuel account

4) Wager up to $1000 on your favorite driver in the Monaco Grand Prix

5) Either win big on your first wager, or the FanDuel promo code will return your stake in bonus credits

Bet365 Promo Code: Bet $1 on ANY Driver, Get $200 Guaranteed

This Bet365 promo code does exactly what it says on the tin. You are going to bet just $1 on the Monaco GP with your first bet in your new account, and then unlock $200 in guaranteed bonus bets, even if they lose.

You are effectively boosting any one of the grid to odds of 200-1 to win, and also guaranteeing a $200 payout with your first bet, thanks to this epic Bet365 promo code.

Bet365 Sportsbook are one of the best providers of Formula One odds and they will certainly cover all your betting needs on this big race. So take advantage of this bet $1, get $200 welcome bonus, so you can get your journey started with the World's Favorite Online Betting Company.

So boost Max Verstappen or Sergio Perez to 200-1 to make it a hat-trick for Red Bull at Monaco, and get paid even if Alonso in the Aston Martin or Charles Leclerc in the Ferrari cross the line first!

Lock in your guaranteed $200 bonus by claiming the Bet365 promo code in five simple steps, below.

1) CLICK HERE or the claim button below, to add this Bet365 bonus code to your account

2) Complete your Bet365 account registration

3) Make a qualifying deposit of $10+ into your new Bet365 account

4) Bet $1 on ANY Monaco Grand Prix market

5) Win $200 guaranteed, even if your first bet loses, thanks to the Bet365 promo code

Other Formula One Betting Promo Codes

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