Formula 1 Monaco Grand Prix 2023: Bets and Predictions

May 26, 2023

The Formula 1 Monaco Grand Prix is one of the most prestigious and iconic races on the calendar, capturing the attention of motorsport enthusiasts worldwide.

The glitz and glamour of Monte Carlo combined with the challenging street circuit makes it a thrilling event for both drivers and spectators. As the F1 circus returns to Monaco in 2023, anticipation is running high, with fans eagerly awaiting the action-packed race.

In this article, we will delve into the betting odds and predictions for the F1 Monaco Grand Prix 2023.

Monaco’s Unique Atmosphere

Monaco’s unique atmosphere sets it apart from other Formula One Grand Prix events. The Monaco Grand Prix is a major event not only in the world of racing but also in the field of culture. Many celebrities from all over the world come to watch these races. And the harbor with yachts has already become a real symbol of this event. The yachts provide the perfect backdrop for racing, and wealthy spectators enjoy the spectacle from the comfort of their yachts.

Most of the yachts are owned by famous billionaires. Undoubtedly, this gives an additional level of prestige to the Monaco Grand Prix. In addition to the racing spectacle, Monaco becomes a hub of glamorous parties and events during the Grand Prix weekend. The city comes alive with an electric atmosphere as people from all walks of life gather to celebrate the race. 

From elegant cocktail soirées to exclusive after-parties, Monaco offers a plethora of social events that cater to the tastes and desires of its sophisticated guests. These festivities provide an opportunity for attendees to mingle with celebrities, indulge in exquisite cuisine, and revel in the vibrant ambiance that permeates the streets of Monaco.

Monaco Grand Prix 2023 Odds to Win

Unsurprisingly, Max Verstappen is the clear favorite according to bookmakers. After his stunning comeback in Miami, starting from P9 and securing the win, Verstappen has established himself as the driver to beat. His dominant form in the Red Bull car has made him a force to reckon with. 

Verstappen’s teammate, Sergio Perez, who claimed victory at Monaco last year, presents an intriguing option for bettors. With odds of +300, Perez could offer good value for those seeking a strong contender outside of Verstappen. Lewis Hamilton, a multiple world champion, is priced at +2000, reflecting the bookmakers’ perception of his chances. Hamilton’s experience and skill cannot be underestimated, but he faces an uphill battle against the formidable Red Bull team.

Dark Horses and Promising Bets

Fernando Alonso, driving for Aston Martin, has expressed confidence in securing a race victory this season. With odds of +700, the veteran driver brings a wealth of experience to the table, having previously won at Monaco in 2006 and 2007. His track record and knowledge of the circuit make him an intriguing bet. Charles Leclerc, a native of Monaco, is eager to perform well in front of his home crowd. 

Despite a challenging season, Leclerc’s odds of +600 to win the race highlight his potential. A podium finish could be a more realistic expectation, and bookmakers offer odds of -175 for Leclerc to secure a top-three position. Valtteri Bottas, now driving for Alfa Romeo, has a history of strong performances at Monaco. His odds of +200 to finish in the points provide an interesting proposition, considering his past success and the level playing field offered by the tight streets of Monaco.

Promising Prop Bets

For those seeking alternative betting options, a prop bet on Valtteri Bottas to win points, with odds of +200, could be a worthwhile consideration. Bottas has typically excelled at Monaco, and his experience and adaptability could make a difference. A flier bet with odds of 11/2 offers an enticing opportunity. This bet includes Verstappen winning, Alonso and Perez securing top-six finishes, and Gasly and Sainz finishing in the points. Given the nature of the Monaco circuit, where qualifying often determines the race outcome, this selection represents an intriguing possibility.


Monaco, often referred to as the crown jewel of Formula One, is notorious for producing surprising and unpredictable results. The unique characteristics of the circuit, with its tight corners and proximity of barriers, create a challenging environment where even the most skilled drivers can find themselves in difficult situations. 

The narrow streets of Monaco leave little room for error, and any misjudgment can result in a collision with unforgiving barriers. This increases the likelihood of incidents and safety car periods, which can completely change the dynamics of the race. A single mistake or a moment of misfortune for a leading driver can open up opportunities for those further down the grid to make significant gains. Furthermore, the unpredictable weather conditions in Monaco add another layer of complexity to the race. The Mediterranean climate can be fickle, with sudden rain showers or changes in track temperature. 

These conditions require teams to make quick decisions regarding tire choices and race strategies. A well-timed pit stop or a gamble on the right tire selection can propel an underdog or outsider to the forefront of the race. Monaco’s unpredictable nature also tests the adaptability and skill of the teams and drivers. The ability to swiftly adjust to changing circumstances and make split-second decisions becomes crucial in maximizing performance. Strategy becomes a delicate balancing act between taking risks and ensuring the preservation of track position.


Noisy parties, luxurious yachts, great atmosphere. All this describes the legendary sporting event of the Monaco Grand Prix. These races have become not just a competition for 1st place, but have turned into a real cultural boom.

Along with this, it causes a real furor among bettors. Many bookmakers have already announced this event and offer a great opportunity to watch an F1 race live and bet on your favorite driver.

The Monaco F1 Grand Prix will undoubtedly become a legendary race. Chances and forecasts are very ambiguous. However, most believe that Max Verstappen will take the lead. But given the difficult track and the unique atmosphere, anything can happen.