The first race of the 2022 season takes place in Bahrain on 20 March. The 2022 F1 season signals a new era for the sport. Significant changes have been made to the rules and cars, resulting in a complete overhaul of the sport. One of the biggest developments have been a switch to 18-inch wheels for all cars this season and an Aerodynamics switch focusing more on ground effect and changes to both front and rear wings. These changes aim to reduce the gap between teams on race days. F1 fans will hope for more competitive races between more teams and not just Mercedes and Red Bull through these changes to all cars for this season.
This season has 23 races on the calendar, meaning there are plenty of opportunities for F1 betting. Canadian sportsbooks have opened betting markets for the 2022 F1 season, and the best F1 betting odds are available at most Canadian sportsbooks.
Red Bull is coming back from the Championship win
The 2021 F1 season was highly successful for Red Bull Racing. Lead driver Max Verstappen won his first Driver’s Championship. Max Verstappen finished the season with 10 wins and 18 podiums and amassed 395.5 points. His teammate Sergio Perez had a relatively quiet season playing support driver to Max Verstappen and finished 4th on the Driver’s Championship with 1 win and 5 podiums and amassed 190 points. The team won a combined 11 races and had 23 podium finishes, finishing the Constructors Championship in 2nd place with 585.5 points.
For the 2022 season, Red Bull have decided to go with an unchanged driver lineup and continue with Max Verstappen and Sergio Perez. This season, Red Bull Racing’s aim should be to retain the Driver’s Championship and win the Constructors Championship. Sergio Perez will need to improve on his performances from last season should Red Bull achieve their goals.
The latest F1 betting odds at Betway has Max Verstappen at +285 to retain his Driver’s Championship. A $100 wager will return $285 should the Dutchmen win his 2nd Championship. Sergio Perez is at +6100 to win the season, and a $100 wager will return $6100 should the Mexican win his 1st Driver’s Championship. Red Bull Racing are +350 to win the Constructors Championship. A $100 wager will return $350.
Mercedes is looking really strong this year
The 2021 season ended in heartbreak and disappointment for Mercedes. The team and star driver Lewis Hamilton were one lap away from winning the Driver’s and Constructors Championship. Lewis Hamilton finished the season with 8 wins, 17 podiums and 387.5 points. His teammate Valtteri Bottas had a poor season and finished with 1 win, 11 podiums and 226 points. Mercedes did, however, continue their winning streak of the Constructors Championship, finishing top with 613.5 points with 9 wins and 28 podiums.
For the 2022 season, Mercedes have changed their driver’s lineup and new signing George Russell partners Lewis Hamilton. Mercedes main objective for this season is winning both Championships. Lewis Hamilton will be eyeing history by winning his eighth Driver’s Championship and becoming the most successful F1 driver in history.
The latest 2022 F1 betting at Spin Sports has Lewis Hamilton +235 favourite to win the Driver’s Championship. A $100 wager will return $235. George Russell is at +900, and a $100 wager will return $900 should the Englishmen win the Driver’s Championship in his debut season with Mercedes. Mercedes are favourites yet again for the Constructors Championship at -130, and a $130 wager will return $100.
McLaren is looking really fast in their car this year
The 2021 season was a positive one for McLaren. A 4th place finish in the Constructors Championship with 275 points, 1 win, and 5 podiums saw the team improve from previous seasons. Lando Norris finished the season in 6th position in the Driver’s Championship with 160 points and 4 podiums. Daniel Ricciardo scored 115 points with 1 win and 1 podium. The solitary win was McLaren’s first Grand Prix win since 2012.
For the 2022 season, McLaren has decided to go with an unchanged driver lineup and continue with Lando Norris and Daniel Ricciardo. McLaren will hope to build from the 2021 season and possibly challenge for the Championship. A more realistic goal should be to fight for the 3rd position of the Constructors Championship.
The latest F1 betting at Power Play has Lando Norris and Daniel Ricciardo at +2300 and +5100, respectively, to win the Driver’s Championship. A $100 wager will return $2300 on a Lando Norris win, and $5100 on a Daniel Ricciardo win. McLaren is +1800 to win the Constructors Championship. A $100 wager will return $1800 should McLaren win their 13th Championship and first since 2008.
Ferrari is looking to turn around their poor performance in recent years
Ferrari has become somewhat of a fallen giant in Formula 1. Ferrari is the most successful team in F1 with 15 Constructors Championships, but the last win was back in 2007. Ferrari has not won a Grand Prix race for the past two seasons, and the last race win was in 2019. The team finished 3rd in the 2021 Constructors Championship with 323.5 points and 5 podiums. Carlos Sainz completed the season with 4 podiums and 164.5 points, while teammate Charles Leclerc amassed 159 points and 1 podium finish.
For the 2022 season, Ferrari has gone with the same driver lineup. Ferrari has billed the 2022 season for change and expects improved performances. Team management hopes to compete with Mercedes and Red Bull for the Championship. Ferrari has shown significant improvements so far in testing.
To win the Driver’s Championship, the latest F1 betting at Unibet price Ferrari drivers Charles Leclerc and Carlos Sainz at +700 and +1400, respectively. A $100 wager will return $700 on a Charles Leclerc win, and $1400 on a Carlos Sainz win. Ferrari is +380 to win the Constructors Championship, and a $100 wager will return $380.
Special mention goes out to Aston Martin
Aston Martin rebranded and competed in the 2021 Formula 1 season. It was the first season for the team and was a learning experience for the drivers and crew. Aston Martin finished the Constructors Championship in 7th position with 77 points and 1 podium. Four-time F1 Champion Sebastien Vettel finished the season with 43 points and 1 podium. Teammate Lance Stroll amassed 34 points.
Aston Martin has the same driver lineup for this season and will aim to further improve from the first season. The team has not set any main objectives but will hope to be competitive, win a race, and earn more podiums.
The latest F1 betting at Bodog has both Sebastien Vettel and Lance Stroll at +15000 to win the Driver’s Championship. A $100 wager will return $15000 should either driver win the Championship. Aston Martin is +18000 to win the Constructors Championship, and a $100 wager will return $18000.
Frequently Asked Questions
What is the best way to bet on the Formula 1?
Popular ways to bet on F1 include betting on futures/outrights and live betting.
Where can I find more places to bet on the Formula 1?
Canada has plenty of sportsbooks that offer F1 betting. Canadian Gambler has a sportsbook directory for online sportsbooks that provide F1 betting.
What is a spread bet on the Formula 1?
Spread betting in Formula 1 bet on the number of classified cars to finish a race. The average spread bet lines on the F1 is 16.5 cars. Bettors need to choose whether the outcome will be higher or lower than the spread.
What types of bets can you place on the Formula 1?
F1 race winner
Safety Car appearance
Pros and Cons of betting on the Formula 1
- Possibility of alternative source of income
- Competitive odds with plenty of markets available
- Money-back promotions by sportsbooks
- Futures betting is not volatile as only two or three drivers, and teams have realistic chances of winning Championships
- Betting can result in an addiction
- F1 race betting is unpredictable as accidents can occur at anytime