The betting action on the Las Vegas Grand Prix was almost as fast and furious as the Formula One race itself.
Caesars Sportsbook shattered its record betting handle, or amount of money wagered, on any auto race, and BetMGM, Station Casinos and the Westgate SuperBook reported record handles for an F1 race.
“It was three times Daytona’s numbers,” Caesars vice president of trading Craig Mucklow said, referencing the Daytona 500, aka the Super Bowl of NASCAR. “It was well over seven figures.”
The largest reported wager was from a BetMGM bettor who put down $200,000 to win $100,000 on Max Verstappen at -200 to win Saturday night’s race on the Strip.