Norris and Leclerc set to push Verstappen all the way at the Monaco Grand Prix

Dean Etheridge
By , Updated on: May 23, 2024 12:00 AM
2024 Monaco Grand Prix Betting Picks 05-26-2024

Round 8 of the 2024 F1 Drivers’ Championship is the iconic Monaco Grand Prix. Max Verstappen is the betting favorite to win the race for the third time in four years. But the triple-world champion will have fierce competition from Lando Norris and Charles Leclerc. In our latest Formula 1 betting picks, we tell you if Verstappen is going to win again and what the best bets to place are.

  • What: 2024 Monaco Grand Prix - Round 8
  • Where: Circuit de Monaco, Monte Carlo, Monaco
  • When: Sunday, May 26th, 2024
  • Time: 9 a.m ET
  • Laps: 78
  • Track Length: 3.337 km
  • Race Distance: 260.286 km

Lando Norris is now a serious threat to Verstappen

It now looks official. Max Verstappen isn’t going to have things all his own way in 2024.

After two years of simply having to get around the circuit to win, Max Verstappen now has serious competition from the McLaren of Lando Norris.

First, the British driver defeated Verstappen for his maiden Grand Prix win in Miami. And to prove it was no fluke, Norris finished second to Verstappen in Round 7 at the Emilia Romagna Grand Prix last Sunday.

You may be thinking, so what, Norris came second. It was another win for Verstappen, so what’s the problem?

And that’s a fair point. But Norris was reeling Verstappen in at the end of the Emilia Romagna race, with the Dutchman only winning by less than a second. If the race had gone on another couple of laps, Norris may well have recorded back-to-back wins.

The bigger picture now is that Red Bull finally has a team putting them under pressure. The upshot is they now can’t afford any mistakes, adding a lot of pressure onto the team and its collective decision-making across the remainder of the season.

Who is the favorite to win the 2024 Monaco Grand Prix?

The short answer is Max Verstappen is the favorite at -150 to win the 2024 Monaco Grand Prix.

But as we’ve just pointed out, he is no longer guaranteed the win by merely completing the race. The odds back this up. Ahead of the Miami Grand Prix, Verstappen was -700 to win the race. The F1 betting landscape has now changed.

Second in the betting to win at Monaco this weekend is Lando Norris at +400 with BetUS (he is +550 at BetOnline). BetOnline has Leclerc slightly ahead of the Brit in the betting. These odds could change, though, as it would appear that money is coming in for Norris again.

For the record, Charles Leclerc is +500 with both BetOnline and BetUS. The fourth favorite is Oscar Piastri in the second McLaren. Piastri is +1200 to win the Monaco Grand Prix.

Sergio Perez and Carlos Sainz are both +1400. And check this out: Lewis Hamilton and George Russell are both at +6600, the same odds as Fernando Alonso.

Full odds on the 2024 Monaco Grand Prix are available on our F1 odds table. For more information about the bookmakers we use, please check out our betting bonuses and promotions page.

DriverBetUSBetOnlineBovada
Max Verstappen-150-150-150
Charles Leclerc+500+500+500
Lando Norris+400+550+500
Oscar Piastri+1200+1200+1200
Sergio Perez+1400+1400+1400
Carlos Sainz+1400+1400+1400
George Russell+6600+6600+6600
Lewis Hamilton+6600+6600+6600
Fernando Alonso+6600+6600+6600
Lance Stroll+15000+15000+15000
Yuki Tsunoda+35000+35000+35000
Daniel Ricciardo+35000+35000+35000
Nico Hulkenberg+50000+50000+50000
Esteban Ocon+100000+100000+100000
Pierre Gasly+100000+100000+100000
Kevin Magnussen+100000+100000+100000
Valtteri Bottas+100000+100000+100000
Alexander Albon+100000+100000+100000
Logan Sargeant+100000+100000+100000
Guanyu Zhou+100000+100000+100000

Betting to win the 2024 Drivers’ Championship

Despite the emergence of Lando Norris as a serious threat to Max Verstappen, the latest Formula 1 betting online odds on Verstappen to win the 2024 Drivers’ Championship are still -10000.

The Dutchman has amassed 161 points in the standings. His closest rivals are Charles Leclerc on 113 points, Sergio Perez on 107, and Lando Norris on 101.

The 60-point lead over Norris is having an impact on the odds. Norris is available at +4000, and Leclerc is at +5000. Might they be worth a small wager at those prices?

Lando Norris To win 2024 F1 Drivers’ Championship
Bovada
+4000
Charles Leclerc To win 2024 F1 Drivers’ Championship
Bovada
+5000

Our 2024 Monaco Grand Prix betting picks

The pole position is of vital importance at the Monaco Grand Prix. The tight, winding Monte Carlo roads make overtaking very difficult on this road circuit, and if Verstappen can tie up pole position, it would make beating him very difficult.

To claim pole, Verstappen is +140, with Norris and Leclerc both at +300. Verstappen is on a record run of eight consecutive poles. Surely, that is due to come to an end soon?

No one knows these roads better than Charles Leclerc, and he is in good form at the moment.

Charles Leclerc To be on Pole Position
BetUS
+300

As we’ve already mentioned, Red Bull knows they can’t afford any mistakes. If they are not in pole position on Sunday, then it’s game on this weekend. But even if Verstappen does make the pole, the team has to get their pitstop and tire strategies spot on. Any mistakes are now likely to be punished.

With Norris and Leclerc both in with a live chance this weekend, we are backing the field to beat Max Verstappen at +120 with BetOnline.

The Field To beat Max Verstappen at the Monaco Grand Prix
BetOnline
+120

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Meet the author

Dean Etheridge

Dean is primarily a fan of English football who regularly attends games, and combining his hobby with his job, he is now a full-time sports betting writer.  Rather than going down the educational route into sports journalism, Dean learned his trade by writing for hi...

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