Formula 1 racing is a huge spectator sport around the world. F1 fixtures are the biggest events in the motorsports calendar, regularly attracting millions of viewers on TV, online, and in the stands. Motorsports fans often enjoy a flutter on the big races. It adds to the excitement of the day. But it’s important to realise that being successful at F1 betting is about more than just luck. Sure, you might be an expert on your favourite driver and you might know all there is to know about high-performance engines, but it cannot hurt doing some extra research before placing your bet.
With the US Grand Prix and Abu Dhabi Grand Prix coming up very soon, let’s take a look at what you need to know about betting on F1 racing.
Different Types of Betting
All bookmakers offer a bewildering array of bets on Formula One racing. You can place a bet on which driver will be standing on the podium at the end of the race, who will race the fastest lap and more. It’s important to consider what you actually want to bet on before you open an account with a bookmaker like Unibet Sports.
The easiest bets to place are those on individual races. You can bet on the outcome of the race, grid positions, and many other outcomes applicable to each individual race. If you have some expert knowledge, use this to help you decide where to put your money.
Your other option is to bet on a wider market outcome, such as which driver will win the driver’s championship. However, this is where your expert knowledge will really pay dividends. Races are won or lost based on a multitude of factors. From bad weather to a driver having a bad day – there are many factors that play a part in the outcome of a race.
Championship odds, however, are a long game. Drivers accumulate points as the season progresses. As an F1 fan, you will have some great insights into who might be improving, and who is performing under par. The odds given on popular drivers like Lewis Hamilton will be short, but you could still win a decent sum. Remember, each-way bets pay out less, so bear this in mind.
Driver vs. driver bets are also popular with F1 fans. This one is a good one to go for if you want to make a race more exciting. Your driver doesn’t have to be the first one past the winning post; he just has to beat the other driver in the rankings.
Do Your Research
Look for less popular drivers who have exhibited an upturn in performance this season. You will get better odds on rank outsiders. If you are familiar with the different drivers, you might be able to spot an up-and-coming champion before the bookies shorten the odds.
Look at stats, read race reviews, check the weather forecast – in short, soak up as much information as you can before you place a bet.
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© Carol Trehearn 2019