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2016 Formula 1 Betting Odds

2016 Formula 1 betting odds are on as the new season is around the corner. Title holder Lewis Hamilton is the favorite of the 2016 Formula 1 Season according to the leading online sportsbooks. Sebastian Vettel, Nico Rosberg and Fernando Alonso are expected to challenge Hamilton. “Ice Man” Kimi Raikkonen may surprise the Formula 1 fans.

The new Formula 1 season is expected to revive the good old F1 excitement with new drivers, teams and names. Founder of the NASCAR team Haas CNC Racing, Gene Haas decided to take up a Formula1 adventure. Therefore, we’ll have an American team in Formula 1 this year under the name of Haas F1 Team. Marussia change their name into Manor Racing. And finally, legendary Renault F1 Team is back.

As for the Formula1 drivers news, Romain Grosjean joined Haas F1 leaving Lotus behind. Well, there is no Lotus anymore since the team was acquired by Renault. He has partnered up with Esteban Gutierrez.

2014 GP2 champion Jolyon Palmer joined Renault. He is going to be a part of a young team with Kevin Magnussen.

Manor decided to create a team of rookies as they signed Pascal Wehrlein and Rio Haryanto who is the first F1 driver from Indonesia.

Formula 1 Rule Changes

With the arrival of the Baku City Circuit, the number of street circuits has increased to three, others being Circuit de Monaco and Singapore Marina Bay Street Circuit. These circuits are more challenging since drivers have to drive on the roads used by civilians throughout the year. Therefore, the tyre supplier of Formula One Pirelli has introduced the ultrasoft tyre which increases friction and handling. These tyres will be available only on the street circuits.

FIA decided to increase the number of tokens available for power unit development. There will be 32 tokens granted to the teams instead of 15. The aim is giving more chance to smaller teams to develop their engines to compete with their rivals.

FIA also increased the number of maximum events in a season from 20 to 21. It means we’ll have a longer Formula One excitement this season. This is a special year to bet on Formula 1 online.

2016 Formula 1 Betting Odds: Formula 1 Drivers Championship Winner

Mercedes AMG driver Lewis Hamilton is already a legend since he won three championships so far including the last one. He is again the favorite of online sportsbooks. According to Bet365, he is going to dominate the whole season. We don’t know whether they are since in their assessment or they just like to favor their fellow citizen, they set the odds at 1/2 (1.5) for his win the season. His teammate German Nico Rosberg is following him with the odds 3/1 (4.00). Ferrari driver Sebastian Vettel’s chance of winning the title is not ignored by Bet365 as his odds are 4/1 (5.00). Spanish Fernando Alonso (66/1 – 67.00) and Ice Man Kimi Raikkonen’s (40/1- 41.00) odds suggest that they won’t be racing for the title. However, their experiences shouldn’t be ignored as they can create a surprise at the end of the season.

According to BetVictor we can expect an easy win for Hamilton as his odds are 1/2 (1.5). His teammate Nico Rosberg is following him with the odds 10/3 (4.333). Ferrari driver Vettel is on Rosberg’s tail with the odds 7/2 (4.5). Fernando Alonso and Raikkonen seem like they are around 7 seconds behind the leader with the odds 28/1 (26) and 33/1 (34) respectively. The rookies of Manor F1 team Pascal Wehrlein and Rio Haryanto will be happy if they can collect some points as their odds are scaled at 5000/1 (5001).

William Hill suggests that Hamilton, Rosberg, and Vettel will be in a fierce fight. Their winning odds are at 4/7 (1.57), 3/1 (4.00), and 4/1 (5.00) respectively. Alonso and Raikkonen follow them with the odds 33/1 (34.00) and 40/1 (41.00). Daniel Ricciardo and Jenson Button will indeed fight for the podium. However, William Hill do not grant much chance for them to win the title as their odds are 66/1 (67.00)

2016 Formula 1 Betting Odds: Formula 1 Constructors Championship Winner

The winner of the constructors championship is as important as the winner of the drivers championship. Bet365 favors Mercedes as the winner of this title with big margin. Betting on Mercedes is not so lucrative since their odds are at mere 1/12 (1.08). Ferrari is expected to follow Mercedes with the odds 11/2 (6.50). Red Bull and McLaren will fight for the 3rd spot with the odds 33/1 (34.00). The new teams Haas (750/1 – 751.00), Renault (750/1 – 751.00) and Manor (4000/1 – 4001.00) do not seem to constitute serious obstacles for the leading teams.

BetVictor Formula 1 betting odds suggest that Mercedes will dominate the championship with the odds 1/12 (1.08). Ferrari is expected to threaten their place approaching them step by step. Ferrari betting odds are 6/1 (7.00). If RedBull and McLaren surprise the Formula 1 fans, the bettors of these teams can get rich easily since their odds are at 33/1 (34.00)

Willim Hill is also favoring Mercedes with odds 1/8 (1.13). Ferrari is expected to be at a close distance. Their odds are 5/1 (6.00). The other closest teams are McLaren (25/1 – 26.00) and Red Bull (20/1 – 21.00).

Formula 1 Australian Grand Prix Betting Odds

The first race of the 2016 Formula 1 season is going to take place at Melbourne Grand Prix Circuit in Australia on the 20th of March. According to Bet365, Lewis Hamilton will dominate the race with the odds 5/6 (1.83). His team mate Nico Rosberg follows him with the odds 9/4 (3.25). Sebastian Vettel and Kimi Raikkonen are expected to fight for the podium as their odds are 5/1 (6.00) and 14/1 (15.00) respectively.

According to BetVictor, Lewis Hamilton will be the first driver to see the checkered flag in Australia. His odds are 8/11 (1.73). His team mate Nico Rosberg is expected to get the second place and pour champagne on Hamilton’s face with the odds 9/4 (3.25). Vettel (11/2 – 6.50) and Raikkonen (16/1 – 17.00) will compete for the last driver to taste the delicious Australian champagne on the podium.

William Hill is also favoring Hamilton in Australia with the odds 5/6 (1.83). Formula 1 betting odds of Nico Rosberg is 9/4 (3.25). Vettel (9/2 – 5.50) and Raikkonen (14/1 – 15.00) are expected to race for the podium according to William Hill.

Formula 1 betting odds of this season are favoring Lewis Hamilton in the fierce race. We’ll see whether online betting news will help us decide how to bet on Formula 1 in the future.

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About the author

Keremcan is a devoted philologist by profession. He is a passionate supporter of his local football and basketball teams.