2022 F1 Season Betting Odds and Predictions

Formula 1 is well into the 2022 season and we’ve had an exciting campaign through Round 13 going into the summer break. TheSportsGeek is going over the latest F1 season betting odds and best F1 prediction for the rest of the year.

Out of office mode 🔛

Wishing everyone a restful summer break! 😎#F1 pic.twitter.com/XfriBTLmCH

— Formula 1 (@F1) August 1, 2022

Have there been any surprises? Much has gone according to plan, but some surprising details to note. Lewis Hamilton and Mercedes’ slow start might be the biggest.

The 2021 season had a phenomenal, yet controversial finish at the Abu Dhabi Grand Prix. That season went down to the final lap, with Verstappen ultimately winning after race director Michael Masi made a decision that will be remembered for decades.

Mercedes planned the race out well and would have cruised to a win despite having older tyres than Verstappen. In 2022, there doesn’t look like there is going to be any controversy. The F1 season odds suggest that Verstappen will have to compete over the next few months.

Since taking the Drivers’ Championship and Constructors lead in the early stages of the 2022 season, they’ve done everything to give it all back to Red Bull. While Verstappen and his team deserve to be ahead, Ferrari hasn’t provided Leclerc with the best opportunity to keep pace.

Let’s look at the latest 2022 F1 season odds and our updated 2022 F1 season prediction.

F1 Season Betting Odds

Charles Leclerc won the Bahrain Grand Prix to open the season and Ferrari made a big statement early. Following a Max Verstappen win at the Saudi Arabian Grand Prix, Leclerc responded with two wins in three races in Australia.

After 13/22 rounds 👀#HungarianGP #F1 pic.twitter.com/Jqvyb3OBOb

— Formula 1 (@F1) July 31, 2022

The loss at the Monaco GP buried Leclerc on his home track. He was the fastest in qualifying and had a great car, but his team made a poor decision to pit when his teammate was still being serviced.

Lewis Hamilton was the 2022 F1 season odds favorite going into the season. After getting robbed of a championship, there was a consensus that Mercedes would return with a vengeance. While they’re improving and getting closer, Hamilton doesn’t have a win this season.

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World Drivers’ Championship Prediction

Charles Leclerc (+750)

This is our updated Drivers’ Championship prediction for 2022. We made an in-season pick earlier in the year, selecting Red Bull for the Constructors and Max Verstappen to win the Drivers’ Championship.

What has changed since then? Well, everything is going as expected for Verstappen. Ferrari did their best to sabotage Leclerc’s season, which wasn’t all that unpredictable.

Tough one today. Not the race we wanted before the holidays but it’s now time to recharge the batteries and come back stronger in a month. pic.twitter.com/zVCncdP3e7

— Charles Leclerc (@Charles_Leclerc) July 31, 2022

That was the moment you knew that this season was going downhill for Ferrari. If it isn’t a mental error like at Monaco, it’s mechanical problems preventing Leclerc from finishing events.

Ferrari took a bit of a gamble and improved their machine for speed and performance. However, this can oftentimes reduce reliability on the track.

It was a gamble well worth taking, and I’d say it’s worked out given Leclerc has won races and is involved in the Drivers’ Championship in 2022. That said, Ferrari has work to do in the offseason because this season looks like all Verstappen now.

Max Verstappen (-1200)

This is the updated F1 season odds for Verstappen after winning Round 13 at the Hungarian Grand Prix. Despite finishing back on the grid because of an engine change after issues in qualifying, he picked through his foes and won the race by over 7 seconds.

P10 ➞ P1 👊#HungarianGP @Max33Verstappen pic.twitter.com/zVKpCrXqea

— Formula 1 (@F1) July 31, 2022

When it’s firing on all cylinders, Ferrari doesn’t have much of an answer for Red Bull. After the slow start and giving Leclerc a headstart, Verstappen is off and running.

Unless something really goes awry for Red Bull, Verstappen and Red Bull have a huge advantage over their rivals. Mercedes is going to be interesting next year, but they’re coming on too late and don’t have enough to compete in 2022.

Verstappen’s F1 season betting odds at -1200 just about provide no value, but the true odds to win the Drivers’ Championship are probably closer to -2500. I backed Verstappen to win at -160 earlier in the season after my pre-season prediction missed. I’m confident with Red Bull handling their business and finishing strong.

If you are looking for F1 betting sites, check out our top list of online sportsbooks.