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Formula 1 in sports betting

Formula 1 in sports betting

Soccer, boxing, and MMA traditionally lead in the ranking of bookmakers, while technical sports, in particular Formula 1, remain in the background. So, we will try to correct this absolutely unfair mishap by revealing the peculiarities of betting on the outcome of the royal formula.

Types of Bets

Betting on Formula 1 stands out among other racing disciplines for its diversity. Yet, the entire range can be divided into three main groups:

The main race is preceded by qualification – competitions with a split start. Their outcome determines what place the driver will take at the start of the main race.

Obviously, this group includes bets on the outcome of the main race.

A player can bet on whether certain events will happen during the race.

Let us take a look at each group in more detail. In qualification bets, the bettor can try to guess who will start from the first position (pole position) in the upcoming race. This type of betting is popular in the middle of the season when the favourites have already been determined, but the odds for the obvious leader are difficult to call high.

The bet on who gets the most advantageous position in a random pair of drivers is more interesting from the potential winnings point of view. A note of caution should be made that unlike “brand” races, where all drivers compete on the same type of car, Formula 1 is primarily a competition of engines. No matter how brilliant an athlete is, the technical lag of the sponsoring company won’t leave him a chance. Therefore, as a rule, pilots of the same team are chosen as a pair, starting on the same type of cars. However, the same type does not mean the same, and different teams maintain them, so an attentive bettor has all chances for success.

Betting on the race is subject to the same principles as for the qualification – you can bet on the pilot’s place in the final table and on the victory in the pair. In addition, during the race, it is much more probable that one of the pilots in a pair will fail, so the second pilot has to reach the finish line to make a bet on his success. What happens if both contestants withdraw? In this case, the bet is cancelled, and the money is returned to the bettor’s account. There is surely another option, which is to take advantage of the offers by online casinos USA.

However, if you focus on F1, keep in mind that both in the qualification and in the main race, bets are accepted on:

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