F1 Monaco Grand Prix - Sportsbook Promo and Prediction
Last updated May 25, 2023
The Monaco Grand Prix is one of the most prestigious events in the Formula 1 calendar. It takes place on the Circuit de Monaco, a street circuit laid out on the city streets of Monte Carlo and La Condamine, offering unique challenges for the drivers with its tight corners, elevation changes, and narrow racing line. The track's features include the Casino Square, the harbor-front chicane, and the famous Fairmont Hairpin - the slowest corner in F1.
With longer and wider F1 cars, this track is almost impossible for overtakes. This makes pole position especially important. In this article, we will guide you through the odds, the best sportsbook betting promos for this year's Monte Carlo Grand Prix, and, even more importantly, which driver to bet on.
Best Monte Carlo GP Bet
Let's dive in directly on the best bet for this year's Monaco GP. With the Indy 500 being held on the same day, we threw in a little bonus betting pick for this event as well.
✅ Ferrari is looking fast
✅ Perez had a poor finish in the 2023 season and has not proven to perform well under pressure, which he is currently under and could open the door for Leclerc to beat him.
Odds on Monaco GP 2023
Odds below from DraftKings Sportsbook. It comes as no surprise that Verstappen is the favorite to win. Perez is a skilled driver but has historically not been the best at finding his fastest pace in the qualification. He is the master of street circuits, so the odds might be skewed in Verstappen's favor.
As the third favorite, we find our betting pick of the day, Charles Leclerc. He is a Monegasque, and this weekend, he is racing in his backyard. He knows this circuit better than any other driver on the grid. He has proven that he and the Ferrari can be fast over one lap, and sitting on pole is crucial if you want to win the Monaco GP.
The only downside might be that he has messed up several times before in this race, but we believe now is the time for Leclerc to win his first Monaco GP and his first race of the season. There is no pressure, and expectations are lower than in previous years, considering the dominance of the Red Bulls.
| Driver | Winner | Top 6 | Top 10 |
| Max Verstappen | +115 | -500 | -700 |
| Sergio Perez | +285 | -450 | -550 |
| Charles Leclerc | +330 | -400 | -500 |
| Fernando Alonso | +650 | -400 | -500 |
| Lewis Hamilton | +3000 | -300 | -450 |
Best Monaco GP Betting Promos
When placing your bets on the Monaco GP we suggest you go for one of the below F1 sportsbook promo offers. When selecting one the below sportsbooks you know that the bonus is great, the odds are fair and they are licensed and regulated meaning that you gamble in a safe and secure environment.
| Sportsbook | Promotion | Promo Code |
 | Bet $5, Get $150 If Your Bet Wins | NONE NEEDED - Use link |
 | Bet $5 and Get $150 in Bonus Bets | SQOREBONUS |
 | Up to $1,500 in Bonus Bets*Bonus Bets Expire in 7 Days. One New Customer Offer Only. Add’l terms. | SQORE |
 | $1,000 First Bet on Caesars | SMARTPLAY1000 |
 | Bet $5 Get $150 in Bonus Bets if Your Bet Wins + 3 Free Months of NBA League Pass | NONE NEEDED - Use link |
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FAQ
What are the most common bets for the Monaco Grand Prix?
The most common bets include predicting the race winner, podium finishers, fastest lap, and driver match-ups. You can also place season-long bets, such as who will win the Drivers' Championship or Constructors' Championship.
How do I decide who to bet on for the Monaco Grand Prix?
Research is key. Consider factors like a driver's historic performance at the Monaco Grand Prix, current season form, team strategy, car performance, and weather conditions. Or you can simply follow our betting picks.
Can I bet on qualifying sessions?
Yes, most sportsbooks offer odds on qualifying sessions. This could involve betting on who will get pole position, or a top-three or top-ten starting position.
What are 'prop bets' in Formula 1 betting?
Prop bets, short for proposition bets, involve wagering on occurrences or non-occurrences within the event that don't necessarily relate to the final outcome of the race. These could include things like whether a safety car will be deployed, or if a specific driver will retire during the race.
How does weather affect betting on the Monaco Grand Prix?
Weather can have a big impact on a race, particularly at a street circuit like Monaco. Rain can make the track slippery and unpredictable, potentially favoring skilled wet-weather drivers. Keep an eye on the forecast before placing bets.
Can I live bet during the race?
Yes, most sportsbooks offer live betting. This allows you to place bets during the race, with odds updated in real-time.
