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Best Bets: F1 Chinese Grand Prix 2024 Pre-Event Odds Analysis

Best Bets: 2024 F1 Chinese Grand Prix Pre-Event Odds Analysis

Red Bull’s Max Verstappen returned to his dominant ways in Japan, cruising to victory ahead of teammate Sergio Perez for a 1-2 finish. The Dutchman secured pole position in qualifying and never looked back, leading from start to finish to open up a 13-point lead in the championship as he chases a fourth straight title. Verstappen’s masterclass at Suzuka Circuit reaffirmed his status as Formula 1’s unstoppable force.

Attention now shifts to China and the Shanghai International Circuit for the first Chinese Grand Prix since 2019. This year’s event also marks the debut of the Sprint format in Shanghai, setting the stage for an unpredictable and exciting weekend of racing. As teams and drivers prepare to navigate the challenges of limited practice and the Sprint’s impact on qualifying and race strategies, we dive into the odds and best bets for this intriguing round of the 2024 Formula 1 World Championship.

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Schedule and How to Watch the F1 Chinese Grand Prix

The Chinese Grand Prix takes place at the Shanghai International Circuit from April 19-21. The 5.451 km (3.387 mi) track features a mix of long straights and technical corners, providing opportunities for overtaking. The weekend kicks off with a single practice session on Friday, followed by qualifying for the Sprint race. Saturday hosts the 100km Sprint, with the main Grand Prix taking place on Sunday.

For the complete schedule and updates, be sure to visit the official Formula 1 website.

To catch every thrilling moment of the Chinese Grand Prix as it unfolds, tune into ESPN for live coverage, ensuring you don’t miss a single second of the drama in Shanghai. For the latest odds and previous results, be sure to check NXTbets.

Best Bets and Picks for the F1 Chinese Grand Prix

Top Picks and Bets

Driver

Event Winner

$20 Payout

Podium

$20 Payout

Max Verstappen

-450

$24.44

-900

$22.22

Sergio Perez

+1000

$220.00

-190

$30.53

Carlos Sainz

+1200

$260.00

-150

$33.33

Charles Leclerc

+1200

$260.00

-125

$36.00


Max Verstappen has been an unstoppable force this season, showcasing a level of dominance rarely seen in modern F1. The Red Bull driver’s ability to consistently outperform his rivals in both qualifying and race trim has been nothing short of remarkable. Verstappen’s aggressive driving style and unmatched pace should make him a formidable contender on the high-speed Shanghai circuit. While the odds may not offer much value, it’s hard to bet against Verstappen given his current form and the Red Bull’s superior package.

Sergio Perez has been the perfect wingman for Verstappen, consistently delivering strong results and crucial points for the team. The Mexican veteran’s experience and race craft have been invaluable in securing podium finishes, and his ability to manage tires could prove decisive in the unpredictable Sprint format. Perez’s familiarity with the Shanghai circuit from his previous outings could give him a slight edge, and if he can qualify well, a podium finish seems like a safe bet.

Charles Leclerc has shown flashes of brilliance this season, but inconsistency and bad luck have prevented him from fully capitalizing on his potential. The Ferrari driver’s raw speed and aggressive driving style make him a thrilling competitor to watch, and if he can put together a flawless weekend, he could challenge Verstappen for the win. Leclerc’s ability to pull off daring overtakes and his familiarity with the Shanghai circuit from his previous podium finish in 2019 make him a strong contender for a top-three result.

Carlos Sainz has been the epitome of consistency this season, quietly racking up solid points and outperforming his more illustrious teammate. The Spaniard’s measured approach and ability to adapt to different race scenarios have been crucial in securing his position as the lead Ferrari driver in the championship. Sainz’s racecraft and tire management skills could be a valuable asset in the Sprint race, and if he can qualify well, a podium finish seems like a realistic target. Don’t sleep on Sainz’s chances of pulling off an upset win if the opportunity presents itself.

Outsider Bets

Driver

Event Winner

$20 Payout

Podium

$20 Payout

Lando Norris

+3500

$720.00

+165

$53.00

Oscar Piastri

+3500

$720.00

+700

$160.00

Lewis Hamilton

+3500

$720.00

+1000

$220.00

Lando Norris has been the standout performer in the midfield this season, consistently punching above his weight in the competitive McLaren. The young Brit’s racecraft and ability to extract the maximum from his car have been evident in his string of impressive results. Norris’s confidence is high, and his aggressive driving style could be an asset in the Sprint race. While a win might be a stretch, a well-timed safety car or a bold strategy call could put Norris in contention for a surprise podium.

Oscar Piastri has shown remarkable adaptability in his sophomore F1 season, securing a best finish of fifth in Japan. The 2021 F2 champion’s pace over long runs has been impressive, and his ability to manage tires could prove valuable in the Sprint format. Piastri’s confidence is growing with each race, and he’ll be eager to make his mark in China. A podium finish might be a tall order, but Piastri’s talent and potential make him an exciting prospect for the future.

Lewis Hamilton finds himself in unfamiliar territory this season, struggling with an uncompetitive Mercedes car. The seven-time world champion’s talent and experience are unquestionable, but the W15’s lack of pace has left him fighting for minor points. However, Hamilton’s record in China is impressive, with five wins to his name. If Mercedes can find a breakthrough with their car setup or if the Sprint format throws up some surprises, Hamilton’s skills could come to the fore, making him an intriguing long shot for a podium finish.

Expert Pick for F1 Chinese 2024

While the odds are short, it’s impossible to pick against Max Verstappen until someone rises to the immense challenge of dethroning him. The Dutchman is in the midst of one of the most dominant stretches in modern F1 history and shows no signs of slowing down. Expect Verstappen to add to his already impressive 2024 haul of poles, wins and fastest laps as he sprints to a fourth consecutive title. For bettors, pairing a Verstappen race win with a podium finish at -450 and -900 odds respectively remains the safest route to a profitable weekend.

F1 Championship Futures Update

Driver

Champion Odds

$20 Payout

Max Verstappen

-2000

$21.00

Sergio Perez

+1600

$340.00

Charles Leclerc

+2200

$460.00

Carlos Sainz

+2200

$460.00

Lando Norris

+5000

$1020.00

The championship futures odds have shifted further in Verstappen‘s favor after his Japanese GP win, with the Dutchman now a prohibitive -2000 favorite for a fourth straight title. Perez remains second in the betting at +1600, while the Ferrari duo of Leclerc and Sainz have drifted to +2200 longshots. Barring any major reliability issues, Verstappen seems to be on course for another dominant championship victory.

Where to Bet on Formula 1

Visit our partner sportsbooks to access special deals that will elevate your betting experience as you anticipate the upcoming GP. If you’re a newbie in the thrilling world of Formula 1 betting, our comprehensive Formula 1 Betting Guide is a must-read. Remember to enjoy the race and make your betting choices wisely. Betting responsibly ensures the fun lasts all season long.

The Chinese Grand Prix marks an exciting return to the F1 calendar after a five-year absence. The combination of the Sprint race weekend format and the unique challenges posed by the Shanghai International Circuit promises to deliver an action-packed event. While Max Verstappen is the clear favorite, the unpredictable nature of the Sprint could open up opportunities for other drivers to make their mark. As the season progresses, the Chinese GP offers fans and bettors alike a chance to witness the ongoing battle for supremacy in the world of Formula 1.

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