Betting on Formula 1 Races

Formula 1 is loud, exciting, fast and glamorous. These are some of the things that should attract you to betting on Formula 1. Whether you are betting for fun or to make some money from it, I have all the information you need so as to know how Formula 1 betting goes down or make a smart bet.

The more you are furnished with formula 1 betting information, the better your chances are of betting the odds.

Main Formula 1 bets

Drivers’ World Championship is one of the bets to place on Formula 1 races. This is the bet on the driver that will win overall on the whole season. The winner will be determined by the points they accrue at the end of the race.

Another bet you can have would be the Constructors’ World Championship which is similar to the drivers’ world championship. This bet will combine the two cars that each team will run. The winner will be determined by the team and constructor that attain the most points.

Another bet you might consider taking would be the podium finish. This is similar to backing a place in horse racing. Opposed to backing a driver each way, you will be in a position to back them to get on the podium alone (first three) in any race. Similar to the podium bet, there is the top six finish which you will be betting on the top six and not the first three; and this is similar to a top 10 finish.

Other kinds of bets you might come across include; pole position and the fastest lap.

Advice to carry with you to a sportsbook

As you go about your Formula 1 betting, you need to be smart and do your analysis rather than depending on the odds being offered in the bookies.

You can have more than one sportsbook to bet on. This will make it possible for you to shop for more odds other than relying on one bookie. After comparing odds on more than 3 betting sites, bet on with the sportsbook that has the best odds.

As I said earlier, do not rely on the odds alone; check on things like the weather, and previous performances of the teams and drivers on similar race tracks.

This article is published in: Formula 1, Sports Betting Advice
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