F1 betting odds: Formula 1
Formula 1
Formula 1 or F1 is the highest class of single-seater auto racing which is sanctioned by FIA (Fédération Internationale de l’Automobile). Since their inaugural season in 1950, the FIA Formula One World Championship became one of the premier forms of racing around the world. It is also a very attractive market for motor sports betting. Go ahead and try your luck with the F1 bets.
The results of each race are being evaluated to determine two annual World Championship. One is for drivers and others for constructors. All drivers have to have valid Super Licences which is the highest class of racing licence. Most events take place in rural locations on purpose-built tracks but there are several on city streets.
What makes this sport so fascinating is the fact that Formula One cars are the fastest regulated road-course racing cars in the world. While this is traditionally European sport, this championship quickly spread across the globe.
The types of Formula 1 Betting
For formula 1 betting, you can choose from various markets like long-term bets, qualifying, outright and live. The difference between them can mostly be seen in odds which can go very high for long term bets. Experienced bettors will know the perfect time when to place the bet during the season to catch the best F1 odds.
Long-Term Bets
First of possible wagers is a constructor championship winner. It is placing a bet on constructor you think will win. You can mostly bet this market any time you want to during the season. Then, there is a drivers’ championship winner, which simply means what it says. You place your bet on the driver you think will win the championship. You can also bet on the winning team of the season. Discover on our website the bookmaker that offers the highest odds for betting on Formula 1.
Long-term betting is very similar to outright betting. However, outright bets are only placed on single event while here, the entire season is counted in. F1 odds for this type of bet can be very tempting, but you have to know the right time to place this bet.
Outright Bets
Outright formula 1 betting is the simplest and most used type among all bettors. You can go for classic ‘race winner’ where you are placing a bet on the winner of one race. There is even smaller bet, the fastest lap. This is reserved for a driver who will complete an individual lap in quickest time during a single race. If you are new to this sport, this might be the most suitable bet to start with. It is possible to catch pretty good odds here as well and it can be much easier than with long-term bets.
Qualifying Bets
A drivers qualifying position is quite important, as it can have an effect on the course of the competition. Qualifiers are always held in Saturday before the race. This is the part of the competition often overlooked by fans but can be as important as the race itself. Type of the circuit and performance of the vehicle can already be seen here and make your outright bet a bit more clear.
Betting on qualifying races is an introduction and warm-up for the real thing. In formula 1 betting, Pole position is getting more popular. Here, you wager on which driver will get the pole position during the qualifying portion of the Grand Prix. And the last one is top 3, which means betting that your chosen driver will finish in the top 3 places. This is a very popular form of betting as it is low risk but that also means a lower financial benefit.
The term you should definitely remember here is ‘one-two’ which means a single Formula 1 team qualified in both first and second place. By that, they locked out everyone else from the front row of the starting grid. All drivers aspire to work together and block opponents in this manner.
F1 odds
It is important to understand the odds before you start placing your bets. It is quite simple; higher odds – more money but riskier bet and lower odds- less money. The F1 odds for wagering are rapidly changing throughout the season. For that reason, you need to follow every race and act as the biggest fan of F1. As drivers get injured or sick or contractors fail to live up to the expectations, the situation on the track is changing.
It is very hard to make a good prediction but not impossible. It would be good to start with smaller sports bets like fastest lap or race winner if you are not so experienced. However, you can also take a lucky guess the championship winner. There are three different types of odds; American, fractional and decimal. Each of them is interpreted differently.
Odds comparison
In order to make a good wager with great F1 odds, you need to do a lot of research. If you are new to Formula 1 betting odds, you need to get familiar with the present and study the previous years. Compare the results of teams, drivers and constructors, in previous years to present ones. You might find some warning signs which tell when the successful drivers will fail and similar. Use the same technique when searching for the best bookmaker on Scannerbet. It is important to check everyone’s offer and market before you decide which will be your absolute favourite. And of course, you will have to compare the odds offered by each bookmaker to get the highest benefits.
Tips & advices for Formula 1 betting
If you want to get the most out of it and make the most of your bets in F1, you have to take into account the statistics. It is very important to pay attention to the shape of the pilots. But it is even more important to keep a close eye on the performance of the teams and their cars. Before the World Cup begins, you can investigate if the teams have presented important improvements that will make them have better results in the season. You will also have to keep a close eye on new developments. And of course, it is important to consider the type of circuit and the results obtained by the pilots in previous seasons.
All this information will be of great help to have better results. Don’t forget also to follow the weekly news about this sport. And of course, use our betting comparator to get the most ouf of your bets. Before place your wager, check out which bookmaker offers the best F1 odds on Scannerbet.
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