Formula 1 Championship betting odds have received an interesting update
Following Nikita Mazepin, Mick Schumacher and Nicholas Latifi just behind Max Verstappen and Lewis Hamilton, the 2021 Formula 1 World Championship betting odds have been updated.
The battle for the 2021 Formula 1 World Championship is unfolding pretty much exactly as most of us expected.
Red Bull’s Max Verstappen and Mercedes’s Lewis Hamilton are the two drivers battling for the title, and they have held the top two spots in the driver standings after each of the first nine races of the season.
Out of those nine races, the only race one of these two drivers did not win was the Azerbaijani Grand Prix at the Baku City Circuit, won by Red Bull’s Sergio Perez due to delay issues. by the two competitors.
Verstappen has won five races so far this season while Hamilton has won three, and the 23-year-old Dutchman is 32 points ahead of the seven-time world champion with 14 races remaining on the schedule.
So it stands to reason that Verstappen is now listed as WynnBET’s favorite -525 to win their first World Championship this season, and it stands to reason that Hamilton is listed as the second favorite at +300 (as opposed to somewhere in the above +525, given the fact that it has become a two-man race).
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However, before a recent update, the odds behind Verstappen and Hamilton were pretty good – almost like they were designed to make fun of the fact that it really was a two-man race.
Third behind Verstappen and Hamilton were three of the four drivers who have yet to score a point this season: the Haas rookie duo of Nikita Mazepin and Mick Schumacher and Nicholas Latifi of Williams. Among them, the best result so far this season is Schumacher’s 13th in the Azerbaijan Grand Prix.
They were each rated at +425.
If you do the math, these odds imply that there is a 57.14% chance that one of those four drivers will win the 2021 World Championship.
We seriously hope you haven’t put any money into it.
But now that has changed.
All riders other than Verstappen and Hamilton except one are now listed at +10000 (100: 1) to win this year’s world championship.
So technically Mazepin, Schumacher and Latifi are still ranked third. But third place is very different from what it was, and they are tied with 14 other drivers.
The only other driver who is not listed at +10000 is interesting Valtteri Bottas, Hamilton’s teammate who sits in fifth place in the driver standings. It is listed at +20,000 (200: 1).
Even with the odds update, we still don’t recommend throwing money at any of the other 18 contenders, not even Bottas.
Next on the schedule is the British Grand Prix, which is scheduled to be broadcast live on ESPN from the Silverstone circuit starting at 10:00 a.m.ET this Sunday, July 18. The Silverstone circuit hosted two races last season, and Hamilton and Verstappen each won one.
Take your pick now in New Jersey, Indiana or Colorado.