Factor in some of the most gifted drivers to have ever lived, jaw-dropping tracks and courses, and the big occasions, and you have a formula for success pun intended. While there is an obvious emphasis on producing better cars, more technically advanced equipment, and growing the sport as a whole, F1 is firmly in touch with its history. This gives the sport a unique identity consisting of a blend of innovation and classic appreciation. There is no sport on the planet that perfectly combines these features and still manages to say as cool as icebox in the North Pole.
Make no mistake: F1 is a sport to get excited by. As betting enthusiasts around the world know, combining the thrills of a sport that really resonates with you — and the buzz of placing some potentially profitable wagers — is an unbeatable mix.
For many, there is no competition when it comes to betting on F1. Quite simply, it is the name for the rules that govern the championship of the same name. As manufacturers had to develop cars according to these rules in order to compete, this ensured that everyone involved was on the same level. To this day, the modern and updated F1 rules have to be adhered to. Before F1 was set up in , there was a rich history of racing in Europe. The first race of the championship was contested at Silverstone, England in May of the same year.
Although there were twenty races on the calendar, only seven were eligible for points contributions to the championship. Maserati also enjoyed success. There were also drivers who were not part of a team who competed in the early days, but this was not something to last. Juan Manuel Fangio was the standout driver of the early days of F1, winning five championships with five manufacturers. Throughout the s and s, rapid changes to the shape of cars, engines, and technology saw F1 explode in popularity.
Turbocharged cars and aerodynamic designs underpinned a massive growth in the sport. The sport is incredibly diverse, with drivers from all around the world competing for glory. The top speed ever recorded in an F1 car A number of the most famous tracks, such as Monte Carlo in Monaco, Monza in Italy, and Silverstone in England have hosted races since the early days.
These championship races, known as Grand Prix races, are part of the calendar that makes up the F1 championship series. F1 drivers are highly-trained and exceptionally talented, earning impressive wages for their talents and abilities. As it stands, there are 21 Grand Prix races that are contested by 10 teams in Formula 1. Drivers must qualify for races by entering into Free Practice sessions x3 and Qualifying. The race is the big event, with drivers contesting for points that contribute to the overall championship standings.
A winner is awarded 25 points, while second place earns a driver 18 points. Third place collects 15 points, with further distribution of points awarded for those that do not finish on the podium. Drivers that fail to finish 10th or above are awarded no points. As you can imagine, competition in F1 is extremely tight. For the most part, manufacturers and drivers are pretty close in terms of innovation and talent.
Over the years, some teams have dominated with their designs and ingenuity. This certainly makes for an interesting scenario for gamblers, but there are some pretty impressive things about betting on F1 that need to be said. If you compare betting on F1 to betting on other sports, such as football and basketball, there are so many different scenarios that can happen in the former.
As there are 20 cars on the grid, rather than two teams contesting a game, anything can happen. If New England Patriots are playing the Seattle Seahawks, the only things that can happen in this scenario is a win for either team or a tie. If you are looking for variety and style when betting, F1 should be right up your street. With so many opportunities for betting, including a number of unique markets, it makes sense to consider the wealth of options at your disposal.
By its nature, F1 is a fast and sleek sport and has built an immeasurable fanbase on its consistent offering of thrills and spills over the years. Understanding how to bet on F1 does not require a degree in rocket science or a mechanics apprenticeship with Ferrari.
Your understanding of the sport will be determined by just how much you want to learn, however. Yes, this is racing, and in racing the win matters. However, if you understand the various factors and variables that contribute to every victory in a race, this will help you, no doubt. When betting on F1, you might be tempted to try your hand at placing wagers on Free Practice and Qualifying.
Depending on the sportsbook you bet with, you should be able to find a few markets for betting on both. Not all betting sites will have markets, however. When it comes to betting on any sport, it is never a great idea to bet on any scenario where competition is not really at its highest, unless it favors you, of course. Betting on any practice sessions, in this case, is unlikely to be a wise move. In F1, Free Practice holds no real relevance as it does little more than provide drivers with an opportunity to warm up before Qualifying.
As such, a driver may be more concerned with tackling a tough corner or trying something new, rather than racing to win. If this is the case, you could see a great disparity between who does well in Free Practice and who does best in Qualifying. That being said, you can use the Free Practice sessions to learn a little bit about a driver and car.
For example, by the time the second practice session rolls around, cars will use their softer tires. This can give a little insight to just how well certain cars can do in Qualifying. The second Free Practice session sees drivers up the gear a little, in an attempt to ease themselves into preparing for the race itself. As such, they will aim to replicate a race scenario and take a longer run on tires to test them out. From here, you can gain some valuable knowledge on a car that may need more pit stops than another.
A common question many gamblers new to F1 tend to ask is whether they should bet on Qualifying or not. There are certainly good and bad points for betting on the qualifying stage. It is important to know the difference between Free Practice and Qualifying, considering that the latter is competitive and carries a lot more significance than the former. Much like how a shrewd gambler can observe many points in Free Practice to help with their race bets, Qualifying can reveal information that can help decide who looks in good shape ahead of a Grand Prix.
One of the biggest factors of Qualifying is the conditions. The weather is very crucial when it comes to racing and some cars and drivers tend to work better in conditions like heavy rain. Qualifying comes in three stages, meaning that there is ample time to make up your mind as to what bets make sense.
There is one market in Qualifying that is very popular among race bettors, and this is for Pole Position. If you have spotted something in Free Practice that might be a key factor in finishing ahead of the pack in Qualifying, this could well be worth a punt. As we previously mentioned, there are various betting markets available to eager F1 fans. From simple bets to novelty wagers, you should find a market that is a right fit for you.
Below, we will take a look at a number of the most popular F1 bets to give you an idea what to expect when devising your betting strategies. In keeping with the examples above, a bet on Lewis Hamilton to be crowned F1 champion at the end of the season means that he must end the season with the most points.
There are various other outright bets available for F1 betting enthusiasts, including wagers on drivers to win any race in the season, driver vs. One of the most exciting parts of being an F1 betting fan is placing wagers on your favorite Grand Prix. Conversely, even if the Grand Prix of the day is the one you like the least, you can make it more interesting with some smart bets. There are plenty of markets available on each race and these, for the most part, will be the same. Winning Driver — As simple as it sounds.
This is a bet on the driver you believe will win the race. If Hamilton completes all laps and finishes first, you win your bet. Winning Constructor — While there is only one Lewis Hamilton on the track, there will more than likely be two Mercedes cars Hamilton and Valtteri Bottas, for example. A bet on Mercedes being the winning constructor means that you have two chances to win, with Lewis and Bottas. Fastest Qualifier — You might remember when we touched on how to bet on Qualifying a little earlier.
This is the most popular bet on the Qualifying session and can be a winner if you predict the driver that finishes the session in the fastest time. A very easy bet to understand. Podium Finish — This is another straightforward bet that is popular among racing fans.
The bet works like this: if you select a driver to finish on the podium — and that driver wins the race or finishes 2nd or 3rd — you win your bet. There are 20 drivers who compete for this title although there are usually only a handful that can end up winning the title. There is often the chance to bet on the F1 Constructors Championship too.
When it comes to F1 online betting, we recommend that customers open betting accounts with several different bookmakers. The advantage to doing this is that betting sites tend to offer a range of betting markets and you will give yourself more choice by having multiple operator accounts. When it comes to a specific Grand Prix, an F1 betting site will offer you the chance to bet on several different aspects of a race. It often starts with Pole Position betting where you can wager on which driver will record the fastest time in qualifying to land themselves that important spot on the grid.
Once the grid positions are determined, you can then expect to see a massive range of pre-race betting markets for each Formula 1 race. Many customers simply want to back their favorite driver, although more cunning gamblers will take more time to study the previous results and form before staking their money on a potential betting market.
Different Grand Prix offer different race tracks and conditions. There are also other factors, such as the weather forecast and rain could mean switching to slick tires. We also recommend you follow the comments that are made by each driver ahead of qualifying and the race itself. When it comes to Formula 1 betting, many people like to bet on the Grand Prix winner, although there are a few factors to consider with this market.
Sometimes a particular driver might be under team orders to let his teammate stay ahead, especially if the latter is competing for a Drivers Championship title. During the Formula 1 Championship, hardly any drivers converted their first position on the grid into a victory and the bookmakers often price this driver too short which means he can be opposed.
In-play betting on F1 is fantastic fun if you happen to be watching. As mentioned, it pays to look outside the obvious markets for a bet sometimes. There are points awarded to the top 10 finishers in a race and the Formula 1 Championship saw every driver finish in with the points at some stage in the season.
Sometimes you can land big odds about this happening and you can therefore win money if your selection finishes 10th. We think Formula 1 is a unique betting sport and would recommend customers consider this based on the clear availability of data and stats that are available.
Read Full Review. Double the Odds, Paid in Cash. Latest Picks and News. Dan Kilbridge. All Picks. All News. Top 3 Betting Sites. Wagering requirements must be met by betting on In-Play and Pre-match sportsbook markets.
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