Formula 1 Chinese Grand Prix Odds, Predictions & Picks: F1 Returns to Shanghai

For the first time since 2019, Formula 1 is in China, as the Chinese Grand Prix returns to the Shanghai International Circuit.

If you live in the United States and plan to burn the midnight oil to catch the fifth race of the 2024 F1 season, it is set to start at 3:00 am ET and will be broadcast on ESPN.

A lot has changed since the last Chinese Grand Prix, which took place in April 2019. At the time, Lewis Hamilton was on his way to winning his third consecutive title and his sixth overall, Mercedes was still hitting the heights as the dominant team on the grid, and Max Verstappen had only five career wins to his name.

Now, Verstappen and Red Bull are dominating at a level even Hamilton and Mercedes didn’t manage. A 58^th career win for Verstappen looks highly likely to happen this weekend, as the reigning champion and points leader is on pole for the fifth straight time to open the season.

The race weekend has been eventful thus far, but will that carry over to the race? And what are the best bets for the action? Race predictions and picks are below, but first, let’s take a look at the odds.

Odds to Win the 2024 Formula 1 Chinese Grand Prix

• Max Verstappen -1400
• Sergio Perez +1100
• Charles Leclerc +2800
• Lando Norris +3300
• Carlos Sainz +5000
• Fernando Alonso +5000
• Oscar Piastri +6600
• George Russell +10000
• Lewis Hamilton +15000
• Nico Hulkenberg +40000

See the rest of the race winner odds at BetOnline. Check out our BetOnline sportsbook review, then bag a big bonus (100% if your first deposit is with Bitcoin, Ethereum, or another cryptocurrency) to bet on the Chinese Grand Prix.

Chinese Grand Prix Predictions and Picks

Hamilton has won the Chinese Grand Prix a record six times (2008, 2011, 2014, 2015, 2017, 2019), but he won’t be adding to that total this year.

His race weekend started rather well, as he finished second to Lando Norris in sprint qualifying and to Verstappen in the sprint race.

However, Hamilton was unable to even make it out of the first round of race qualifying. As a result, he will start 18^th, with only Yuki Tsunoda and Logan Sargeant occupying space behind him.

Up front, it’s a Red Bull 1-2, with Verstappen on pole and Sergio Perez starting second. Fernando Alonso will start third as he seeks his first podium finish of the 2024 Formula 1 season. Norris will take aim at his second podium of the season from fourth on the grid.

If value is what you seek, then look no further than backing Norris to have the fastest lap (+1800).

Along with winning pole for each race, Verstappen has claimed fastest lap twice this season, first at the season-opening Bahrain Grand Prix and then at the Japanese Grand Prix, the most recent race.

But with Norris showing some speed thus far this weekend, it’s worth heavy consideration.

There isn’t a lot of serious betting value up and down the board, which is par for the course for many Formula 1 races. But another value spot is backing Valtteri Bottas to finish in the top ten (+125).

Bottas will start in that spot and has been running around the middle of the pack all weekend. He was ninth in sprint qualifying, 12^th in the sprint, and tenth in race qualifying.

Bottas has finished in the points only six times in his last 39 races and has finished outside of the points in a dozen consecutive races. So, he is certainly due for a decent finish, and today may be the day for it.

Other Formula 1 Betting Information

Where to Bet on F1 This Season

Many of the top sports betting sites offer a variety of Formula 1 betting odds. Over the course of the season, you can bet on races like the Monaco Grand Prix, British Grand Prix, and more.

Along with being able to bet on F1 race winner odds for each race throughout the season, sportsbooks like Bovada offer finishing position odds (top three, top five, and/or top ten) and other special markets.

Also, while this year’s championship race is already over, you can find F1 championship winner odds each year at most sportsbooks that accept USA bettors.

In addition to BetOnline, here are some of the sites that we recommend if you are interested in betting on F1:

• BetUS (review)
• Bookmaker (review)
• Bovada (review)
• MyBookie (review)

If you don’t have an account at a book on this list, check out our reviews to help you determine if it is worth your interest and your betting funds.

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