Verstappen's standing atop F1 oddsboard slips ahead of Montreal

Max Verstappen's standing atop the F1 oddsboard is starting to slip heading into the Canadian Grand Prix.

The Dutchman has earned a ton of respect from the betting market throughout the season, but his opening odds of winning a third straight Canadian Grand Prix are only -200 (66.7% implied probability) - the second longest of the season.

For comparison, Verstappen was -275 in the year's first race in Bahrain, which he won by 22 seconds, and -375 (78.9% implied probability) in Saudi Arabia. His odds then swelled to -500 or shorter in the next five races.

Oddsmakers are giving Verstappen at least an 83.3% chance of winning in five of the season's eight races.

However, Verstappen's odds turned in the wrong direction at the Monaco Grand Prix, where he opened as a slight favorite over hometown hero - and eventual winner - Charles Leclerc.

The combination of Red Bull taking a step back (Verstappen has only one win in the past three races) and Ferrari and McLaren closing the gap caused the betting market to adjust.

Canadian Grand Prix opening odds

Odds via theScore Bet. Drivers priced +20000 and above are not listed.

Plenty can change on the oddsboard with three practice sessions and qualifying still to go, but fans can expect a tighter race with what the betting market perceives as a less dominant version of Verstappen.

The Canadian Grand Prix begins at 2:00 p.m. ET on Sunday.