We’re back in South Florida for the third-ever Miami Grand Prix. The question is, what’s the best way to make money off it betting? We think we know. Keep on reading for expert Miami Grand Prix betting advice on the race right here!
- What: 2024 Miami Grand Prix
- When: Sunday, May 5
- Where: Hard Rock Stadium in Miami, Florida
2024 Miami Grand Prix Betting Preview
Let’s start this preview of the Miami Grand Prix with a quick look at the betting odds. To no one’s surprise, Max Verstappen is a big betting favorite to win outright in Miami. Here’s the latest F1 odds at top betting sites:
| Driver |  |  |  |
|---|---|---|---|
| Max Verstappen | -600 | -600 | -600 |
| Sergio Perez | +1100 | +1100 | +1100 |
| Lando Norris | +1800 | +1800 | +1800 |
| Charles Leclerc | +1800 | +1800 | +1800 |
| Carlos Sainz | +1800 | +1800 | +1800 |
Verstappen has continued to dominate the sport. So far this year, he’s won four out of five races. The one event he didn’t win? Because of a brake fire on his Red Bull machine — not because anyone actually beat him. Verstappen is well on his way to a fourth straight world championship barring catastrophe.
Not only does Verstappen have that going for him, but also dominance at this track. The Miami Grand Prix debuted in 2022 and Verstappen has won every time out. In the inaugural race, he edged out Leclerc by just over three seconds. Last year, he extended the lead to slightly over five seconds when he outlasted his Red Bull teammate, Perez.
So we’ll be upfront and say Verstappen is probably winning this race. But if he does, you won’t make all that much money unless you bet big — which probably isn’t worth the risk anyway. Therefore, we’ll be skipping out on the race-winner bet altogether. We think there’s better betting value elsewhere, which is what we’re covering next.
Best Bets For Miami Grand Prix
There's a lot — and we mean a lot — of Miami Grand Prix bets available. However, only a select few are worth throwing money on from a value and confidence perspective. Here are two that should be atop your radars (pun fully intended):
Sprint Race Prop Bet
Ah, yes, Miami will have the second sprint race of 2024. Here again, the betting odds are quite titled in favor of Verstappen:
| Driver | | | |
|---|---|---|---|
| Max Verstappen | -500 | -500 | -500 |
| Sergio Perez | +1000 | +1000 | +1000 |
| Lando Norris | +1600 | +1600 | +1600 |
| Charles Leclerc | +1600 | +1600 | +1600 |
| Carlos Sainz | +1600 | +1600 | +1600 |
F1 has routinely tweaked sprint races since first introducing them in 2021. This year, qualifying for the sprint race takes place on Friday afternoon rather than the second practice session, with traditional qualifying staying on Saturday afternoon. That means there’s only one practice session over the weekend and Saturday is no longer a sprint-only affair.
We just had to mention that in case you missed out last race. In the debut sprint race of the year in China, Verstappen proved victorious despite Norris winning the pole. So encore for Max here?
Probably but we think there’s value in throwing some money on Perez. In a shorter sprint race, the car really makes or breaks the outcome — and there’s no doubt Red Bull owns the fastest whip in the whole circuit. That makes Perez a real contender if something goes awry for Verstappen. Plus, at his steep odds, even a small bet on Perez could pay big time. We think it’s worth a shot!
Top-6 Finish Prop Bet
We really like this wager for F1 these days. That’s because the top of the race standings is pretty consistent — Verstappen and then some jumbled order between Perez, Leclerc, or Sainz. You don’t see any variety until you get into those middle finishes in fifth or sixth. That makes this bet worthwhile. Here’s your betting options:
| Driver | | | |
|---|---|---|---|
| Max Verstappen | -1200 | -1200 | -1200 |
| Sergio Perez | -750 | -750 | -750 |
| Lando Norris | -650 | -650 | -650 |
| Charles Leclerc | -650 | -650 | -650 |
| Carlos Sainz | -650 | -650 | -650 |
| Oscar Piastri | -140 | -140 | -140 |
| George Russell | -120 | -120 | -120 |
| Fernando Alonso | -120 | -120 | -120 |
| Lewis Hamilton | -110 | -110 | -110 |
| Yuki Tsunoda | +2200 | +2200 | +2200 |
| Nico Hulkenberg | +2200 | +2200 | +2200 |
This bet effectively comes down to Mercedes vs. McClaren vs. Aston Martin. All three teams are battling each other out for who’s the third-best team after Red Bull and Ferrari. So far, McClaren is ahead of the two but come Miami, we like Aston Martin’s chances slightly more. Its car is well-suited for this track.
If we’re correct, then money on Alonso makes sense here. He had a good outing in Shanghai with the fourth-best race pace in both the sprint and the Grand Prix. That momentum should carry Alonso to a top-6 finish in Miami.
How To Watch Miami Grand Prix?
The Miami Grand Prix isn’t just a one-day ordeal. No, it’s actually three days. If you want to watch the Miami Grand Prix in full, here’s the TV schedule:
Friday, May 3
- 12:25-1:30 pm: Free practice 1 (ESPN, F1TV)
- 4:25-5:15 pm: Sprint qualifying (ESPN, F1TV)
Saturday, May 4
- 11:55 am.-1 pm: Sprint (ESPN, F1TV)
- 3:55-5 pm: Qualifying (ESPN, F1TV)
Sunday, May 5
- 2:30-3:55 pm: Pre-race show (ESPN, F1TV)
- 3:55-6 pm: Miami Grand Prix (ABC, F1TV)
How To Bet On Miami Grand Prix?
Get your Miami Grand Prix bets in at one of the bookies listed below. Per our newest sportsbook reviews, these are industry leaders, especially when it comes to motorsports. The full gamut of odds for the Miami Grand Prix will be available across these bookmakers.
One more thing: there are even lucrative sign-up bonuses available to new players — bonuses worth hundreds to thousands of dollars in free play. That's free money for betting. If you want in on that, reference the table below for our favorite deals currently available.
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