F1 is the highest class of motor racing competition in the world.
As such, it attracts lots of fans, both viewers and bettors. If you enjoy watching this sport and want to start betting on F1, you can learn how to move on to the next step. Also, absolute beginners can find basic information about this sport discipline and learn more about online betting for F1.
Then, you can move on to find the right bookmaker that offers betting on Formula 1 races. If you enjoy other gambling activities and still haven't found the right wagering site, you can take a look at the list of MI online casinos with the highest ratings. According to the research, these are the most reputable operators in this market. They offer various casino games, decent bonuses and promotions, optimal mobile experience, and more.
What Is F1?
F1, or Formula 1, is the largest event in motorsport. There are usually around ten F1 teams racing along some of the most exclusive circuits worldwide. Fans of this sport can engage in F1 betting from March to November when this motor racing contest takes place. Each Formula 1 race has to be more than 189.5 miles long. Drivers get points based on their finishing positions, so the number of points determines whether they will drive on the eventual Formula 1 Drivers' Champion. Bookies will always offer F1 Miami betting odds to indicate the standing of each driver and his chance of winning.
Even though this event attracts a lot of motorsport enthusiasts, betting on F1 races can be viewed as a niche market. However, punters who want to participate in F1 sports betting can find plenty of options throughout the season. Moreover, many wagering platforms in the US feature this sport and competitive F1 betting odds across various markets.
History of Betting on F1
It is assumed that F1 race betting started somewhere around the 1950s when this sport was born. Then, wagering on Formula 1 was considerably simpler and gamblers only needed to predict the winner of a race. Over time, the popularity of this sport grew, and so did the number of people interested in betting F1 opportunities.
Nowadays, Formula One is arguably the most popular auto sport worldwide. Therefore, many bookmakers offer this sport category on their official platform. Online betting sites F1 fans can join, allowing you to make all sorts of wagers. Additionally, many sportsbooks offer competitive betting odds F1 viewers can explore across different markets. There are 3 common options:
1. Outright winner wager
2. Long-term wagering
3. Live betting
What Kinds of Bets Can You Make?
Many popular wagers on F1 races are straightforward. If you are betting on F1 events for the first time, try some of the following wagers.
Outright Winner
The most popular of all is the Outright Winner option. As the name suggests, you should select a driver you think will win a specific Grand Prix. Bookies offer varied betting F1 odds for different drivers, so they can help you predict the winner.
Driver vs Driver Match
Punters can also examine betting odds on F1 bookies for Driver vs Driver Match market. In this scenario, you should choose one of two given drivers to finish the highest in the rankings. You can select the Formula 1 driver to have the best rankings by the end of the season. Alternatively, you can choose to wager on individual races. In that case, the chosen racer does not necessarily have to win the race.
Top Three Finish
Sometimes, it's hard to determine who will win the race. In that case, the safer choice is to put your money on the Top Three Finish market. In other words, the chosen driver doesn't have to be the winner. He only needs to achieve a podium finish, that is, to end up in the top three.
Fastest Lap
You can also select betting odds in the F1 Fastest Lap market if you want to predict the driver to complete the laps in a record time. If you are interested in this type of wager, it's helpful to look at the qualifying times of each racer. Another F1 betting strategy is to get familiar with the time drivers needed to complete laps on a specific course in earlier seasons. Some Formula 1 racers perform better on certain tracks. This can impact your wagering choice significantly.
How Do I Get Started Betting on F1?
If, after reading this article, you wish to engage in F1 racing betting, this is what you should do:
1. Find the best betting sites F1 lovers can join and gamble on this sport
2. Compare bookmakers and find the desired option
3. Register for an account and make the first deposit
4. Go to the sports section and find the preferred Formula 1 race to bet on
5. Download the best F1 betting app according to you and enjoy the maximum convenience when wagering
Tips for Betting on F1 Races
Before you start betting on Formula 1 racing, it's good to get familiar with some F1 betting strategies. These F1 betting tips can be helpful to beginners and experienced players as well.
Get Familiar With Stats
Firstly, you should get familiar with the statistics of previous races. This will give you a better idea of what to expect from future events. You can find this F1 betting info on sportsbook sites. They will reveal valuable details about each driver's standing, form, who has the best record on a specific track, and similar.
Read Race Previews
Secondly, it's always a good idea to check out race previews, even though you have an idea of how a particular race may play out. That way, you can get another perspective on the whole thing, and you can hear what experts think. There are lots of factors that you may not have taken into consideration previously. You can also find odds analysis that explains why certain F1 betting USA sites have different values on certain outcomes.
Find the Latest Odds
Thirdly, you should examine betting odds for F1 and compare them. Bookies and F1 betting apps update odds regularly after each race. Therefore, it's best to visit the desired bookie to find the latest odds. They are the best indicators of the likely outcome, so they can help you make more informed decisions.
Consider Grid Position
You should also keep in mind that a driver starting from the top of the grid is expected to perform well in the race. On the other hand, the one starting from the back is less likely to achieve points finish. However, it's important to note that this depends on the track. If a track is bendy and curvy, overtaking can be difficult. But if it's relatively open and has long stretches, there's a better chance of overtaking.
Keep Track of Local Weather Forecasts
Weather conditions can also be significant in determining the race outcome. You should research constructors and the dry or wet tires they use. Also, you should think about whether some drivers achieved good results in wet conditions.
