Charles Leclerc Favored For Another Podium Finish At 2024 Formula One Monaco Grand Prix

Updated May 20, 2024
Updated May 20, 2024By Henry Shepherd

The 2024 Formula 1 season reaches its eighth round with the Monaco Grand Prix, scheduled from May 24-26. Renowned as the pinnacle of the sport, this race is one of the most legendary on the F1 calendar.

2024 Formula One Monaco Grand Prix betting picks

Max Verstappen heads to Monaco aiming for consecutive victories after fending off Lando Norris’ late surge to win the Emilia Romagna Grand Prix. The reigning world champion currently tops the drivers’ standings, holding a 48-point lead over Ferrari’s Charles Leclerc. Sergio Perez occupies third place, with Lando Norris in fourth.

The Monaco Grand Prix is among the most iconic events in Formula 1. This weekend’s race is the shortest of the season, covering a distance of 260.286 km over 78 laps. Known for its narrow and challenging track, it is also one of the most perilous races on the calendar.

If you want to learn more about the best Formula 1 betting sites then check out our guide.

2024 Monaco Grand PrixBetOnlineBovadaSportsbetting
Max Verstappen-150-140-150
Charles Leclerc+550+550+550
Lando Norris+600+550+600
Oscar Piastri+1200+1000+1200
Sergio Perez+1400+1200+1400
Carlos Sainz+1400+1600+1400
Fernando Alonso+6600+5000+6600
George Russell+6600+5000+6600
Lewis Hamilton+6600+5000+6600

Max Verstappen (-140)

Max Verstappen maintained his strong start to the season with a victory in Imola last weekend, successfully fending off Lando Norris’ challenge. The McLaren driver finished less than a second behind the reigning champion, who, despite not delivering one of his typically dominant performances, managed to keep Norris within a two-second gap throughout the race.

While Verstappen’s lead was never seriously threatened, Norris managed to close the gap to under a second by the finish line. Verstappen, who has won the Monaco Grand Prix twice in the past three years, is in prime form and is the favorite to secure his third win in four years at this iconic event.

Charles Leclerc (+550)

Charles Leclerc of Ferrari delivered an impressive performance in Italy, finishing third and earning crucial points that moved him up to second place in the overall standings. The Monegasque driver is now six points ahead of Red Bull’s Sergio Perez and trails championship leader Max Verstappen by 48 points.

Qualifying on Saturday will be crucial, as the driver who starts on pole is typically hard to overtake on the narrow streets of Monaco. Leclerc has a strong qualifying record at his home race, making him a potential value pick for bettors this weekend.

Monaco Grand Prix Betting Picks

My betting picks is Charles Leclerc to finish in the top 3. The Bovada odds for this are -225.

Charles Leclerc Top 3 Finish2024 Monaco Grand Prix
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Bovada is a popular choice for Formula One betting due to its extensive range of betting markets. For more detailed insights into this betting site, you can check out our comprehensive Bovada sportsbook review.

As a more speculative bet, I will throw in Lewis Hamilton to finish in the top 3. The Emilia Romagna Grand Prix was a continuation of his campaign, where he finished sixth for the second consecutive race. While he is still seeking his first podium finish of the season, he is due for one soon.

Lewis Hamilton Top 3 Finish2024 Monaco Grand Prix
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2023 Monaco Grand Prix

During last year’s race, Verstappen endured a mid-race downpour and emerged victorious, with Aston Martin’s Fernando Alonso finishing behind him. Despite Verstappen’s apparent lead, his race was complicated by his Red Bull team delaying his pit stop in hopes of aligning it with the rain.

Aston Martin seemed to miss an opportunity to outdo Verstappen by opting to pit Alonso for dry tyres as the rain intensified. If Alonso had received treaded tyres while Verstappen remained on slicks, it seemed possible that the Spaniard could have taken the lead. However, Alonso had to pit again for intermediate tyres on the next lap, along with Verstappen, extinguishing any chances of victory.

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About the Author

Henry Shepherd
Henry Shepherd

Henry started his career in the betting industry before moving in to writing. He specialises in soccer and golf but covers a multitude of sports from all over the world.

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