F1 Championship Odds 2025: Piastri Increases Lead as Favorite After Third Straight Win

Popping the champagne is a festive experience Oscar Piastri is becoming well-accustomed to as the McLaren driver won a third straight race by taking the Miami Grand Prix.

Piastri increased his F1 Championship odds lead over teammate Lando Norris at our best F1 betting sites, with the impressive comeback victory.

Max Verstappen, who holds a slim six-point advantage over George Russell for third in the Driver Standings, is receiving the third-shortest odds. His odds, however, slipped from +340 to +700 after finishing fourth in Miami. 

📊 F1 Championship odds 2025

The 2025 F1 championship odds are from BetMGM.

🥇 F1 Championship odds favorite 2025

🏁 Oscar Piastri (-163)

Piastri's Miami Grand Prix victory was his most impressive of the season, with the Australian winning despite starting from the second row in fourth place. He has won three straight races and four of six overall, emphatically stamping his dominance over the rest of the field, including Norris.

With his current skyrocketing confidence, self-belief and performance level of McLaren's MCL39, he's the undisputed minus-money favorite. There's still a long way to go, but Piastri has already established himself as the man to beat. And it will take a Herculean effort to reel him in, especially anyone beyond his McLaren partner. 

The value of his odds is quickly draining, where a $10 winning bet will profit just $6.13. 

Best odds: -163 via bet365 | Implied probability: 61.98%

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👀 My F1 championship odds driver to watch

🏎️ George Russell (+3300)

George Russell has enjoyed the most consistent start outside the McLaren drivers. He has finished on the podium four times (three third-place finishes and a second) and finished fifth in the other two races. 

Russell is receiving the fourth-shortest F1 championship odds. Nobody below him has a chance to win, even at this early stage. Russell will need to win a race soon to put some pressure on the McLaren duo. 

A winning $10 bet would profit $330.

Best odds: +3300 via BetMGM | Implied probability: 2.94%

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🔢 F1 Championship 2025 opening odds

• Lando Norris: +175
• Max Verstappen: +300
• Charles Leclerc: +450
• Lewis Hamilton: +550
• Oscar Piastri: +800
• George Russell: +1200
• Liam Lawson: +6600
• Andrea Kimi Antonelli: +8000
• Alex Albon: +10000
• Carlos Sainz: +10000

🏆 Past drivers' championship winners

🏆 Past constructors' championship winners

💡 How to bet on F1 championship odds

The first and most important step is to sign up for one of our best sports betting apps, including FanDuel, DraftKings, bet365, Caesars, and BetMGM. 

The aforementioned sportsbooks offer various bets, odds, and opportunities, so shop around before you sign up. It's also a good idea to sign up for a couple of your favorites sportsbooks, as you can earn sign-up incentives while using them for the varying strengths. 

Once you've signed up, navigate to the F1 page, often under "Motorsports." You can bet on individual races, who will win the Drivers' Championship, and which team will win the Constructors Championship. You can also dive into the props market, allowing you to bet on the fastest lap, podium finishes, top-three finishes, and more. 

📖 How to read F1 championship odds

Reading F1 championship odds is simple once you know the basics.

Odds are typically presented in a format like +300 or -150. Positive odds (e.g., +300) indicate how much profit you'd make on a $100 bet. For instance, a $100 bet at +300 odds would win you $300, plus your initial $100 stake, totaling $400.

Negative odds (e.g., -150) show how much you need to bet to win $100. So, a $150 bet at -150 odds would win you $100, plus your $150 stake, totaling $250.

Odds also reflect the probability of an outcome. Lower odds (e.g., +100) suggest a higher probability of the driver winning, while higher odds (e.g., +1000) indicate a lower probability. Sportsbooks adjust these odds based on factors like performance and betting patterns.

For example, if Driver A is getting +200 odds and Driver B is at +500 odds, Driver A is considered more likely to win. If you bet $100 on Driver A and they win, you'd get $300 back ($200 profit + $100 stake).

Reading and understanding these odds helps you make informed betting decisions.

❓ F1 driver and constructor championship FAQs

Who is the F1 championship favorite for 2025?

Oscar Piastri is the F1 championship odds favorite, and his -175 odds lead to an implied probability of 63.64%, via our odds converter.

When will the winner be named?

The Formula 1 season features 22 races, with the first in Australia on March 16, and the last one for 2025 taking place on Dec. 7 in Abu Dhabi. The leader in both the driver and constructor standings will be declared the winner in each category after that race.

However, one or both could be clinched before that event, as was the case with Verstappen's fourth title last year.

Who won the drivers' championship in 2024?

Max Verstappen took home the title in 2024 for the fourth straight season.

When does the 2025 F1 season begin?

The 2025 F1 season starts with the Australian Grand Prix on March 16. A few weeks prior to that there's preseason testing on Feb. 26-28 in Sakhir.

🏁 Motorsports betting odds pages

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