Motorsport News

Changes We’d Like To See In The F1 Betting Market

Emilia Romagna Grand Prix 2024Esteban Ocon (FRA) Alpine F1 Team A524. Formula 1 World Championship, Rd 7, Emilia Romagna Grand Prix, Sunday 19th May 2024. Imola, Italy.

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The arrival of Drive to Survive changed the face of Formula 1 forever. It brought in a massive wave of new fans who tuned into the sport and created insane viewing figures. F1 started being a big event in different countries and finally had more universal appeal. 

From here, the betting world went F1-crazy! 

Formula 1 betting has risen during the same period that Drive to Survive has been out, yet we think it could do with a lot of tinkering. Betting on races is easy and there are some interesting markets to dive into, though we’d like to propose a few changes to make things even better as the sport continues to grow. 

A wider array of live bets

Live betting is traditionally the best way to get incredible odds on all sports bets. You’ll see a good chunk of betting sites without GamStop in the UK on NonGamStopOdds.com that let you place live bets during F1 races. This is excellent – our issue is that you don’t have many markets to dip into. 

Many of the pre-race markets disappear and we feel there could be more depth to the live betting Formula 1 options. After all, a race can change in a matter of seconds. If you’re an avid F1 fan and can spot things that others can’t, you may easily be able to predict a disaster moments before it happens. 

Especially as you have broadcasters like Sky Sports giving access to every driver’s on-board perspective. You could watch one driver and see they’re struggling a bit for grip, so putting a live bet on them to crash would seem super smart – especially if they bung it in the wall minutes later. This also leads to the idea of time-related live bets; what if you could bet on there being a yellow flag in the next 5 laps?! There’s so much untapped potential for live bets and it’s something that could easily change. 

Deeper bets for pit stop strategies

What’s one of the most influential parts of a Grand Prix? The pit stop strategies! 

We’ve had two massive examples in the 2024 season where alternative strategies have won races for drivers. There was Ferrari outsmarting McLaren with an unprecedented one-stop in Monza to get Leclerc his second win of the season and Mercedes doing a similar thing with George Russel in Belgium (though he was disqualified after the race and lost his…

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