F1 Portuguese Grand Prix: Odds, Tips, and Picks

Updated: April 28, 2021

F1 picks are back, with Portuguese Grand Prix odds available ahead of this weekend’s race at Portimao. Through two races, Formula 1 odds reflect the competitive fight taking shape at the top, with current leader Lewis Hamilton atop the Portuguese GP odds board. 

F1 odds will change as the weekend progresses and we get a better feel of race pace, but here are our Portuguese Grand Prix picks and F1 betting odds for this weekend. 

F1 Portuguese Grand Prix odds

Driver Odds to win the Portuguese Grand Prix
Lewis Hamilton +125
Max Verstappen +137
Sergio Perez +800
Valtteri Bottas +850
Charles Leclerc +3,300
Lando Norris +3,300
Pierre Gasly +6,600
Daniel Ricciardo +6,600
Carlos Sainz +6,600
Yuki Tsunoda +15,000
Fernando Alonso +25,000
Lance Stroll +25,000
Sebastian Vettel +25,000
Esteban Ocon +50,000
Antonio Giovinazzi +250,000
Nicholas Latifi +250,000
George Russell +250,000
Kimi Raikkonen +250,000
Mick Schumacher +400,000
Nikita Mazepin +400,000

Odds courtesy of bet365 on April 28.

Where is the Portuguese Grand Prix taking place?

The Portuguese Grand Prix will be held at the Algarve International Circuit in Portimao for the second consecutive year, and only the second time ever at this track, as F1 returned to Portugal following a hiatus of two decades. The previous 13 iterations, from 1984-1996, took place at the Autodromo do Estoril in Lisbon.

Portimao is a fantastic, up-and-down track with 15 corners and an extremely wide start/finish straight that encourages plenty of overtaking — occasionally even with cars going three-wide as they head to the first turn.

F1 Portuguese Grand Prix tips and picks

Tip: Fastest Qualifier – Lewis Hamilton (+175)

At the Emilia Romagna Grand Prix, we gladly took plus-money on a Mercedes car to finish atop the timesheet in qualifying, which paid off when Lewis Hamilton secured the 99th pole position of his storied career. While Red Bull’s Max Verstappen put on a masterclass in the first lap to take the race lead and not look back, we again love getting Hamilton at plus-money to put in the quickest single lap among the grid on Saturday. 

Not only did Hamilton absolutely crush the field at this track last year, winning by nearly 26 seconds, but he also finished atop Q1 and Q3 on Saturday and set a track record on Sunday. His first-place finish at the Portuguese Grand Prix in 2020 gave him 92 career wins, breaking a tie with Michael Schumacher for the most all-time. He can hit another milestone in Portimao on Saturday with the 100th pole position, furthering yet another record he has sole control of.

Tip: Charles Leclerc Podium Finish – Yes (+350)

With F1 coming to Portimao for the first time in 2020, much was made of the drivers who had previous experience at the relatively new track from their junior careers. Among those was Ferrari’s Charles Leclerc, a highly regarded young driver whose second season in the coveted red car was suffering due to the poor car they had constructed. 

That previous experience clearly helped Leclerc, with the Monegasque driver qualifying in fourth. The race would see Lewis Hamilton demolish the field, finishing 25.592 seconds up on second place Valterri Bottas. However, Leclerc was one of four drivers not to finish a full lap down, as he maintained his fourth position — tied for his third-best finish in the 2020 season.

Ferrari’s car, while still not at the front of the grid, looks greatly improved in 2021, while Leclerc has a reliable teammate in Carlos Sainz Jr., after toiling away with the rapidly declining former four-time World Champion Sebastian Vettel last year. Mercedes and Red Bull may be the class of the field this season, but don’t be surprised if Leclerc puts the Scuderia in a podium place on Sunday afternoon.

Tip: George Russell Points Finish (+225)

Russell, the 23-year-old director of the Grand Prix Drivers’ Association, had a heel turn in Imola so unexpected it would make Hulk Hogan blush. Overtaking Mercedes’ Bottas in his Williams — a dramatic occurrence in itself, with Russell the Merc-driver-in-waiting — Russell lost control, taking both Bottas and himself out of the race. Moments after the high-speed wreck, Russell walked over to a dazed Bottas, still in his cockpit, and smacked him on the helmet and later told reporters he was asking, “Are you trying to kill us?”

Russell doubled down after the race, despite it being generously ruled a racing incident and thus not either drivers’ fault. While he would eventually apologize, it was a shocking lack of composure from a well-respected young driver. However, what followed has overshadowed what came before the incident: a Williams overtaking a Mercedes, yet another sign that perhaps Williams won’t be anchored to the back of the grid in 2021.

Russell performed well at Portimao last year, making it into Q2 in a dreadful car and coming just .309 seconds from getting through to Q3. The Williams appears much better this year and Russell will be eager to not only put the incident at Imola behind him but secure points in his Williams for the first time.   

Covers Auto Racing betting analysis

Past winners of the Portuguese Grand Prix

Year Portuguese Grand Prix Winner
2020 Lewis Hamilton
1996 Jacques Villeneuve
1995 David Coulthard 
1994 Damon Hill
1993 Michael Schumacher
1992 Nigel Mansell
1991 Riccardo Patrese
1990 Nigel Mansell

How to bet on Formula 1

The most popular way to bet on Formula 1 odds is by simply picking the winner of a particular race. Other popular F1 betting options include on which car/constructor will win and whether or not a particular race car driver will end up on the podium with a Top-3 finish.

F1 race odds usually look like this:

This means that on a $100 bet, you’ll stand to profit $650 if Vettel wins that particular race. If one driver is especially dominant, you might see a minus sign (-) ahead of that driver’s odds like this: 

This means that you would need to bet $175 to win $100 on Hamilton winning the race.

Where can I bet on F1 betting odds?

As the top international car racing competition, most online sportsbooks and casinos offer F1 odds. Check out the best sportsbooks available where you live and see what Formula 1 odds they have available.

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