F1 Monaco Grand Prix - Sportsbook Promo and Prediction

May 25, 2023

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1:00 PM ET May 28
Monte Carlo Grand Prix
Charles Leclerc to win
+350
Bet365
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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.

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2:45 PM ET May 28
Indy 500
Alex Palou to win
+600
draftkings
Jake
Jake
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✅ Starting from pole position

✅ Probably the best driver on the grid who have never won Indy500

✅ Leading the Indycar series and is one of the most consistent drivers
Full review Bet now
promo code
SQORE
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clock
1:00 PM ET May 28
Monte Carlo Grand Prix
Charles Leclerc to win
+350
Bet365
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✅ Leclerc is probably the fastest driver over one lap, and the Ferrari has a good qualifying pace.

✅ It's close to impossible to overtake in Monte Carlo, and the pole sitter is likely to win

✅ This is Leclerc's home race, and a win here would mean more to him than to any other driver on the grid. ❌ This is also the weakness in this prediction, as Leclerc has made fatal mistakes in the last few years in Monte Carlo.
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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.

DriverWinnerTop 6Top 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. 

SportsbookPromotionPromo Code
🎁 DraftKingsBet $5 and Get $150 in Bonus Bets instantlySQORE
🎁 FanDuelBet $5 Get $150 in Bonus BetsNONE NEEDED - Use link
🎁 Sports IllustratedBet $20 Win $200 in Bonus BetsSQORE200
🎁 Bet365Bet $1 and Get $200 in Bet CreditsSQORE200
🎁 BetMGMFirst Bet Offer - Get Up To $1000 Back In Bonus BetsSQORE1000
🎁 CaesarsFirst Bet on Caesars up to $1,250 + Caesars Rewards CreditsSQOREFULL
🎁 BetRivers2nd chance bet up to $500SPORTS
🎁 TipicoGet up to $250 in bonusNone Needed - Use Link
🎁 PointsBet$250 Bonus - 5 x $50 Second Chance Bets5X50

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Call 877-8-HOPENY or text HOPENY (467369) (NY),Call 1-800-327-5050 (MA), 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). 

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.

Gus
Gus Anderson
Gus Anderson is a gambling wizard. As a kid he dreamt about becoming a Tennis, Hockey and Golf professional but ended up as a gambling professional with focus on both sports & casino.