F1 2026 Odds: How to Bet on the Season Opener in Australia

F1 2026 Odds: How to Bet on the Season Opener in Australia

The 2026 Formula 1 season begins this week with the Australian Grand Prix at Melbourne’s Albert Park Circuit, marking the first race of a brand‑new regulatory era.

The season opener runs March 6–8, 2026, with 22 drivers and 11 teams taking the track under the most sweeping technical changes since 2022. Fans will get their first real look at redesigned chassis, new power units, and the competitive order for a 24‑race championship.

With so much uncertainty heading into Melbourne, the season opener is one of the best betting opportunities of the year - and several major sportsbooks are offering strong welcome bonuses you can use on race‑winner markets, Drivers’ Championship futures, Constructors’ odds, or qualifying props.

How to Claim the DraftKings Promo Code: Bet $5, Get $200 (If Your Bet Wins)

Step 1: CLICK HERE or head to DraftKings and register a new account.

Step 2: Deposit $5 or more into your DraftKings sportsbook account.

Step 3: Place a $5 bet on any F1 2026 market, at minimum odds of –500 (or longer). No promo code required.

Step 4: If your bet wins, you’ll receive $200 in bonus bets credited instantly.

How to Grab the Bet365 $150 Bonus Code

Step One: CLICK HERE or go to Bet365’s website and ensure you qualify (new-customer only).

Step Two: Register a new Bet365 account using code 'CHECK'.

Step Three: Deposit $10, then wager $5 on any Australian Grand Prix market.

Step Four: Whether your wager wins or loses, Bet365 credits $150 in bonus bets.

FanDuel Promo Code: Bet $5, Get $100

How to claim:

Step One: CLICK HERE or visit FanDuel Sportsbook and register a new account.

Step Two: Deposit at least $5.

Step Three: Wager $5 on any F1 market.

Step Four: If your wager wins, FanDuel will issue $100 in Bonus Bets.

BetMGM: Bet $10, Get $150 (MI/NJ/PA/WV) or First Bet Offer Up to $1,500 (Other States)

How to claim (MI, NJ, PA, WV):

Step One: CLICK HERE or visit BetMGM’s website and register your account.

Step Two: Deposit $10.

Step Three: Place your first $10 bet on any market.

Step Four: If that bet wins, receive $150 in Bonus Bets in addition to your cash winnings.

How to claim (Other States):

Step One: Visit BetMGM or click the offer widget; enter bonus code OCMAX1500 if prompted.

Step Two: Deposit between $10 and $1,500.

Step Three: Place your first qualifying wager (straight, parlay, SGP, etc.).

Step Four: If it wins: you keep profits + original stake. If it loses: BetMGM refunds your stake as Bonus Bets (up to $1,500).

Australian Grand Prix Winner Odds (2026)

• George Russell: +225
• Max Verstappen: +380
• Charles Leclerc: +500
• Lewis Hamilton: +850
• Kimi Antonelli: +900
• Lando Norris: +1100
• Oscar Piastri: +1400
• Isack Hadjar: +10000
• Pierre Gasly: +13000

Drivers’ Championship Odds

• George Russell: +225
• Max Verstappen: +330
• Charles Leclerc: +550
• Lewis Hamilton: +750
• Lando Norris: +1000
• Kimi Antonelli: +1100
• Oscar Piastri: +1400
• Fernando Alonso: +6500
• Carlos Sainz: +15000

Constructors’ Championship Odds

• Mercedes: +135
• McLaren: +300
• Ferrari: +330
• Red Bull: +800
• Alpine: +7000
• Williams: +15000
• Audi: +25000
• Aston Martin: +25000
• Haas: +25000
• Racing Bulls: +40000
• Cadillac: +50000

How to Bet on Formula 1

• Race Winner: Pick who wins the Grand Prix - ideal for using Bonus Bets on mid‑range or long‑shot drivers.
• Podium Finish: Bet on a driver to finish top three.
• Fastest Lap: High‑variance market perfect for bonus funds.
• Qualifying Winner: Often more unpredictable early in the season.
• Head‑to‑Head Matchups: Bet on which of two drivers finishes higher.
• Futures: Drivers’ and Constructors’ Championships are great long‑term plays.

How Many Teams Are in F1 in 2026?

There are 11 teams and 22 drivers on the 2026 grid, with Cadillac joining as a new entrant.

How to Watch the Australian Grand Prix in the U.S.

• TV: Apple TV is the new U.S. home of Formula 1