2023 Azerbaijan Grand Prix Formula One Betting Odds

After four weeks off, the Formula One circuit comes zooming back this weekend with the Azerbaijan Grand Prix taking place in Baku. The time trials will take place on Saturday, April 29th, and the race itself will be contested the next day on Sunday, April 30th.

The early part of the season has been utterly and completely dominated by Red Bull, who have won all three races and are big time moneyline favorites to do it again on all sports betting sites.

Azerbaijan Grand Prix Formula One Outright Odds

It seems that a new era of Formula One is dawning as Red Bull has followed up its dominant 2022 campaign with one of the hottest starts in recent memory through three races in 2023. All odds provided by Sports Interaction.

Red Bull Odds

Either Max Verstappen or Sergio Perez has finished atop the podium in 13 of the last 14 Formula One races, and there’s been nothing to suggest that they won’t continue their dominant run in Baku, where they won in 2022 and 2021 as well. Verstappen’s moneyline odds are becoming prohibitive, but Perez is going to snag a couple of wins this season, so his +420 odds could be a shrewd bet here.

Aston Martin Odds

If there’s going to be anyone who topples one Red Bull from the top spot in Azerbaijan, it’s the veteran and former two-time champion Fernando Alonso, who has been excellent in the Aston Martin car so far this season. The Spaniard has finished on the podium in all three races, and despite the fact that he’s behind Lewis Hamilton on the odds table here, his +1,000 odds would be your best bet if you’re looking for value by putting money down on a non-Red Bull driver to win. 

Mercedes Odds

Seven-time champion Lewis Hamilton was back on the podium in second place at the Australian Grand prix earlier this month. His car clearly can’t really compete with the Red Bull, but Hamilton’s skill and pedigree as a driver mean that a little action on his +800 odds wouldn’t be an awful idea. George Russell is solid, but he’s not quite on the level of the top five yet, as evidenced by the enormous odds spike after Alonso.

Azerbaijan Grand Prix Podium Finish Odds

Fernando Alonso Odds

Alonso is the only driver other than Max Verstappen to make all three podiums so far this season, which is why his -161 odds to do it again are among the best bets you can make on this race. It is interesting to note that while Hamilton is seen as more likely to win the race by Sports Interaction, Alonso is the more likely to make the podium.

Lewis Hamilton Odds

Hamilton is coming off of a great performance in Australia, and he’ll look to make it back-to-back podiums this weekend, sporting +163 odds to do so. Hamilton has had success at this track before, winning in 2018, but he has missed the podium in Baku in two straight years now.

George Russell Odds

Hamilton’s young teammate, George Russell, is an interesting bet here. He’s sitting at pretty tasty +275 odds after being forced to retire in Australia. The Englishman finished on the podium in Baku just last year, however, so he’s an interesting betting option to do it again.

Charles Leclerc Odds

The Monegasque driver has been having the season from hell so far this season, having finished only one of the three races in 2023. He’s got +275 odds as well, but after retiring at Baku in 2022, losing out on the podium after finishing pole in 2021, and looking at his current form, he’s a bit of a risky proposition.

Carlos Sainz Odds

Ferrari as a whole has had a nasty start to the 2023 season, but at least Carlos Sainz is doing better than his teammate. Past performances mean Leclerc is rated more highly than his Spanish teammate, but Sainz has been better lately, amassing 20 points to Leclerc’s six. Even with +400 odds, this is still not the time to bet on Ferrari, however.

Lance Stroll Odds

While he’s been outshined significantly by his legendary Aston Martin teammate so far this season, Lance Stroll has been solid, showing that he deserves his seat on merit and not on the fact that his dad owns the team. The Canadian just barely missed the podium in Australia, so his +600 odds are intriguing to make the jump in Baku.