Where to Bet on the F1 Las Vegas Grand Prix 2024 Using Crypto

The excitement is building as we approach round 22, the third-to-last race of the 2024 F1 season this weekend with the Las Vegas Grand Prix.

Check out our list of top crypto sports betting sites, selected to meet your betting needs during this thrilling race. Keep the racing spirit alive and back your favorite driver with confidence!

The Formula 1 Las Vegas Grand Prix

The Formula 1 2024 Las Vegas Grand Prix is taking place this weekend, and Im sure youve been looking forward to it. The event will run from November 22nd to November 23rd, 2024.

Qualifying begins today, with the highly anticipated 50-lap main event to be held Saturday at 10:00 PM local time (UTC-8) at the Las Vegas Strip Circuit in Nevada, USA.

After this, two races are left: Round 23, the Qatar Grand Prix next week, and Round 24, the Abu Dhabi Grand Prix the week after.

The Las Vegas Strip Circuit

The Las Vegas Grand Prix 2024 takes place on a new 6.2 km street circuit that debuted in 2023. The track runs through central Las Vegas, passing famous spots like Caesars Palace and the Bellagio. Las Vegas previously hosted F1 races in 1981 and 1982 under the Caesars Palace Grand Prix.

The new circuit is designed for high-speed racing and is expected to provide plenty of thrilling moments and intense overtakes. With its fast straights and challenging corners, it promises to keep you on the edge of your seat throughout the race.

The Las Vegas Strip Circuit

When to Bet for the Event?

Bets on the race winner can be placed ahead of time, but more betting options, like driver matchups, teams, and fastest lap, are available closer to the race after practice sessions. This is because practice sessions give a clearer picture of how drivers and teams are performing, helping bettors make more informed choices.

Waiting until after the practice rounds allows you to adjust your bets based on up-to-date information, such as how drivers are handling the track and other important factors.

Betting Tips for the F1 Las Vegas Grand Prix

In sports betting, its important to have a solid understanding of the sport before placing your bet. Relying on luck alone is not enough. I recommend carefully analyzing the factors that could influence the outcome. Remember these tips when betting on the F1 Las Vegas Grand Prix.

Previous Outcomes

Analyzing the history of drivers or teams past results is important information. Looking at their track records, strengths, and opportunities in similar race conditions can be a big factor. It can easily influence making safer bets for those that perform well.

Examine the Race Track

In this factor, focus on the layout of the track and how drivers perform on it. This will reveal their ability to handle challenging turns and their skill in managing the car in different track conditions.

Weather Forecast

Check the weather forecast for the event schedule, as it can affect the race. Wet tracks can change how drivers handle the race compared to dry conditions. This can also impact their tires and car setup, so be sure to adjust your bets accordingly.

Car Specification

Knowing each drivers car can give you an advantage when betting on these events. Information like tire choice, engine, and features like aerodynamics can be found on reliable websites. Teams that can handle the technical challenges of this competitive sport can help you make better betting decisions.

Qualifying Lap Time

This factor refers to a drivers starting position in the race. Drivers try to get the best position possible during qualifying to achieve their goals. This can help you decide who to bet on, as a better starting position often goes to the fastest driver, giving them an advantage to start near the front and potentially lead the race.

How to Read the Las Vegas Grand Prix 2024 Odds?

The Las Vegas Grand Prix odds are easy to understand once you know how to read them. They are typically shown as positive (+) or negative (-) numbers, which is the American style of odds.

Some crypto sportsbook betting sites also let you choose different formats, such as Decimal or Fractional odds, depending on which type you find easiest to understand.

Positive odds (e.g., +400) show how much profit you could make on a $100 bet. For example, a $100 bet at +400 odds would win you $400 in profit, plus your $100 stake, for a total of $500 if your bet is successful.
Negative odds (e.g., -150) show how much you need to bet to win $100. For instance, a $150 bet at -150 odds would return $100 in profit, plus your original $150 stake, for a total of $250 if you win.

For example, if Max Verstappen is listed at +253 and Charles Leclerc is at +257, Verstappen is considered slightly more likely to win. If you place a $100 bet on Verstappen and he wins, you would receive $353 back ($253 profit + $100 bet).

Betting Odds from Cloudbet for the 2024 Las Vegas Grand Prix

Current Competition Odds

The favorites according to the latest odds on the official Formula 1 website include Lando Norris, Max Verstappen, Charles Leclerc, and Carlos Sainz:

Winner

Lando Norris: 225
Max Verstappen: 240
Charles Leclerc: 275
Carlos Sainz: 500
Oscar Piastri: 1600
George Russell, Lewis Hamilton: 2500
Sergio Perez: 15000
Fernando Alonso, Kevin Magnussen, Nico Hulkenberg: 30000
Alex Albon, Esteban Ocon, Franco Colapinto, Lance Stroll, Liam Lawson, Pierre Gasly, Valtteri Bottas, Yuki Tsunoda, Zhou Guanyu: 60000

Fastest during the Qualifying Session

Charles Leclerc, Lando Norris: 225
Max Verstappen: 250
Carlos Sainz: 600
Oscar Piastri: 1100
George Russell, Lewis Hamilton: 2500
Sergio Perez: 10000
Kevin Magnussen, Nico Hulkenberg: 15000
Esteban Ocon, Fernando Alonso, Pierre Gasly: 25000
Alex Albon, Franco Colapinto, Lance Stroll, Liam Lawson, Valtteri Bottas, Yuki Tsunoda, Zhou Guanyu: 50000

Fastest Laps

Lando Norris, Max Verstappen: 275
Carlos Sainz, Charles Leclerc: 650
Sergio Perez: 1000
Oscar Piastri: 1200
George Russell, Lewis Hamilton: 1400
Liam Lawson, Yuki Tsunoda: 2000
Esteban Ocon: 4000
Kevin Magnussen, Nico Hulkenberg: 6600
Alex Albon, Fernando Alonso, Franco Colapinto, Pierre Gasly: 10000
Lance Stroll: 15000
Valtteri Bottas, Zhou Guanyu: 25000

Lando Norris is currently the Favorite to win the 2024 Las Vegas Grand Prix

Where to Bet on the Las Vegas Grand Prix 2024 Using Crypto

Here is a list of the crypto betting sites you can check out while enjoying the exciting action of the 2024 Formula 1 Las Vegas Grand Prix.

Stake is not only one of the top sports betting sites but also one of the most trusted. In the 2023 season, Stake became the official title sponsor of Alfa Romeo, which shows its strong presence in the F1 world. So, theres no reason not to bet on F1 events, especially the Las Vegas Grand Prix 2024.

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In addition to other sports bonuses and promotions, BC.Game offers an exclusive VIP program that includes a weekly sports bonus as one of its benefits. Betting on sports with this crypto site rewards you generously for placing your bets.

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It would be a missed opportunity not to mention Shuffle, as they offer a great perk for F1 bets with their F1 Driver Insurance. This promotion gives you a refund of up to $200 if your Race Winner bet loses but finishes in 2nd place. Along with other exciting promotions and the upcoming SHFL Airdrop 2, sports betting on this crypto site is one of the best choices you can make during this event.

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Having Sportsbet.io alternative crypto sites joining the list is a great way to expand your options for betting on this race. As a partner to several sports organizations, Sportsbet.io has proven itself as a trusted platform. With the added benefit of crypto betting, you can be sure that security is never a concern.

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With a dedicated section for betting on Formula 1 events, using this website has become a simple routine for sports bettors. And with bonuses that offer free cryptocurrencies every 6 hours, who wouldnt take advantage of this opportunity to boost their bankroll?

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The platform has an easy sign-up process and lets you access your account across multiple devices. It supports a variety of cryptocurrencies and offers 24/7 customer support, always ready to assist you.

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Cloudbet offers a welcome bonus of up to 5 BTC, which is a great deal for newcomers to crypto betting. They offer a wide selection of sports to bet on and allow you to customize the betting odds based on your preferences and expertise.

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This platform supports a wide range of cryptocurrencies for betting on various sports, including Formula 1 events. It offers features like a personal portfolio with real-time updates on the market prices of each cryptocurrency. Plus, it has a dedicated Formula 1 betting section, making it easy to find and place bets on the event.

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Hold Tight for the Fastest Racer in F1

The 2024 Las Vegas Grand Prix promises to be an unforgettable race, and with the right preparation, you can make the most of the action by placing smart bets. By understanding the key factors influencing the race, you can make more informed betting decisions.

Additionally, choosing a reliable crypto sports betting site will improve your stake, providing secure transactions, generous bonuses, and easy access to a variety of betting options. Explore the platforms weve highlighted and take advantage of their features to support your favorite drivers and enjoy the thrilling F1 event to the fullest!