Monaco Grand Prix Betting Tips & Predictions

Betting Online Team

Formula 1 Betting Tips

5 August, 2024

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Let’s get started with some Monaco Grand Prix betting tips. Welcome to the brand-new Formula 1 tips section of our site where our team of motorsport enthusiasts and sports betting tipsters aim to keep you in the fast lane to profit. We’ll cover the races of note from the season ahead, giving an in-depth check of form and figures, as well as our views on how who you should back in each race.

We have some fantastic events ahead, including French Grand Prix on 23 June, British Grand Prix in mid-July and the world-famous Italian Grand Prix which is decided between 6-8 of September. Bookmakers offer exciting betting odds on each of the races scheduled this season, as well as updated odds on the outright markets.

Hamilton Leads the Race

Heading into the week of the Monaco Grand Prix, renowned for its tight turns and breath-taking backdrop, raced on the roads of Monaco, we find the familiar face of Lewis Hamilton at the top of the FIA Formula 1 Drivers Championship leader board. The Brit was favourite in the antepost exchanges and has certainly lived up to the hype so far, claiming three wins and 112 points.

That tally places Lewis ahead of nearest rival, and Mercedes teammate, Valtteri Bottas who brings two wins and 105 points. A man who can’t be written off at this stage of the season. In third we find Red Bull pilot Max Verstappen on no wins and 66 points. We have to cast our eyes down to fourth in the pecking order to find a Ferrari representative and that’s German Sebastian Vettel who is yet to win a race but does have 64 points on the board and is widely expected to improve from here.

Keeping the league table in mind, it’s no surprise to see Hamilton dominate the driver’s championship betting and those looking to support him with their hard-earned cash can do so at Ladbrokes where they will get 5/6. That’s tight, but it’s actually market best price. Bottas is 3/1 at William Hill or you can fill your boots on the 20/1 attached to Vettel. Mercedes sit 1-2 in the driver’s championship and are 1/2 at Ladbrokes to win the constructors. There’s still value in that price for us and we wouldn’t put anyone off having a big bet on that one. Ferrari are 12/1 (William Hill), Red Bull a 100/1 poke with Bet365.

Have Your Say on the Best Bets

Turning our attentions to this weekend’s Monaco Grand Prix, practice and qualifying gets underway on Thursday and Saturday before the main race takes place on Sunday afternoon in front of the Sky Sports cameras. You can have your say on a number of betting markets, including race winner, podium finish, fastest qualifier, winning margin and even on a safety car to be used.

The 2018 version of this race was won by Daniel Ricciardo for Red Bull who finished ahead of Sebastian Vettel with Lewis Hamilton back in third. The Australian completed dominated the weekend and went off in pole position, making his one pit stop of the day and winning back the main place. The race wasn’t without worry for the victor, but he showed the class and experienced needed to grab the desired result. A repeat performance has been ruled out by the money men with Bet365 offering a stunning 1000/1 on two-in-a-row.

Last time out F1 followers were treated to a thrilling Spanish Grand Prix which took place on 12 May. Lewis Hamilton boosted his season stats with a win that day, recording a race time of 1.35.50.443 and a fastest lap of 1.18.492. Blistering stuff. The 26 points gained in Spain put him in a strong position in the driver’s championship outright list.