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Max Verstappen Wins Las Vegas Grand Prix

Steve Marcus

Drives head out toward turn one at the start of the inaugural Formula One Heineken Silver Las Vegas Grand Prix Saturday, Nov. 18, 2023.

The Las Vegas Grand Prix in Las Vegas on Saturday was the most wagered-on Formula One race in BetMGM history, company officials said this morning.

One bettor risked $200,000 on Max Verstappen to win the race, collecting $100,000 for his first-place finish on the Las Vegas Strip.

Verstappen, who won for the 18th time this season, opened as a minus-350 betting favorite. After Verstappen complained during the week about racing what he labeled as an exhibition in Las Vegas, the market reduced to minus-200.

“The sportsbook took three times the number of bets on the race than any previous contest,” Seamus Magee, trading manager of BetMGM, said in a statement. BetMGM operates in 26 markets.

Article written by #LasVegasSun

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