Formula 1 Betting

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Formula 1 or F1 has one of the largest numbers of followers worldwide of any sport and, in the last decade, the F1 betting market has grown to become extremely popular. In the world of F1 betting, the punter can choose to bet on the outcome of the championship or a single race. In the first format, the backer can predict which driver will win the championship over the course of the 20 Grand Prix calendar, as well as which drivers will finish in the top 6 or in the top 3 at the end of the season. Furthermore, punters can also predict which drivers will finish the championship as first and runner-up.

Recommended Formula 1 Betting Sites

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Odds

Online bookmakers such as Betfair offer F1 betting odds that entice punters to predict which driver of a particular team might finish the season above his team-mate, as well as whether a driver and team might achieve the drivers’ and constructors championships’ double.

Like in any other sport, F1 betting odds are shorter for the driver and/or the team deemed to be the favourite, while the odds increase for drivers and teams considered to be the underdogs. For this particular reason, betting odds can fluctuate during the season as far as the predicted champion is concerned – both in terms of drivers and constructors. For example, a team that starts the season with a couple of wins and/or podiums might see its odds slashed while, at the same time, a team that was considered amongst the favourites before the first Grand Prix of the season could see its odds increase after a couple of disappointing performances – the same applies to drivers.

Markets

Individual Races

Certain bookmakers offer different options to bet on an individual race, where the punter can predict the fastest driver in the first, second and third practice sessions or, alternatively, which car will be the fastest in qualifying. This market, though, guarantees lower odds as the punter doesn’t back a particular driver but a single team, although betting on who will start on pole is an ever-popular, driver-focused market.

Many more markets are offered for the race itself; punters can back the winner or choose to predict which drivers will finish on the podium, as well as which drivers will finish in the top six. Elsewhere, punters can choose to bet on which drivers will not finish the race as well as which drivers will finish in the top 10, which driver will register the fastest lap of the race and which driver will record the double of attaining pole and then going onto win.

In-Play

Irrespective of who wins, live betting markets provide plenty of opportunities for eager gamblers. Markets include who will go out of the race next, which car will record the most overtakes, whether there will be a crash, and so on. These odds change almost as quickly as the cars are travelling, so be sure to fall back on prior in-depth analysis of the fallibility of certain teams at different stage of a race, for example, or how a driver might react to pressure.

The world of F1 is changing all the time. The domination of McLaren, Red Bull and Ferrari is constantly under threat by other teams and what were once considered surprise results are no longer such a shock to the system. An up to date knowledge of the markets and results will undoubtedly go some way to helping the F1 punter see returns on their investments.

Betting Articles


Why Punters Should Not Back Hamilton at British Grand Prix
Why Punters Should Not Back Hamilton at British Grand Prix

The 2017 British Grand Prix is revving up its engine ready for the off on July 16, but will Lewis Hamilton be able to snatch a vital win on home tarmac despite his recent form? For those interested in ... Read More

Bookies Expect Repeat Performance from Hamilton at Monaco
Bookies Expect Repeat Performance from Hamilton at Monaco

With 78 laps of the finest and most demanding race track in the world, there is no room for error at the Monaco Grand Prix. The record for fastest lap was achieved by Lewis Hamilton only last year; th ... Read More

If Not Backing Hamilton, Experts Suggest Bottas in Melbourne
If Not Backing Hamilton, Experts Suggest Bottas in Melbourne

The new Formula One season kicks off this weekend and with the sport under new management and new technical rules coming into force this season, there’s added intrigue for F1 fans. As usual, the champ ... Read More

Betting Favourites for the Formula 1 Singapore Grand Prix
Betting Favourites for the Formula 1 Singapore Grand Prix

With the F1 season shifting gears – and owners – between the last race in Italy and the next in Singapore, it will be interesting to see how, or even if, the sale to Liberty Media upsets the running o ... Read More

Chinese Grand Prix 2016 Betting Preview
Chinese Grand Prix 2016 Betting Preview

The 2016 Formula 1 (F1) season has seen a frustrating start from everyone but Nico Rosberg, with the Mercedes driver winning in both Australia and Bahrain. Thus far, all teams and drivers have openly ... Read More

2015 Abu Dhabi Grand Prix Betting Preview
2015 Abu Dhabi Grand Prix Betting Preview

Taking place from 27-29 November, the 2015 F1 Abu Dhabi Grand Prix looks set to be a very exciting bout indeed, especially considering the much-touted rivalry between Lewis Hamilton and Nico Rosberg. ... Read More

2015 Japanese Grand Prix Betting Preview
2015 Japanese Grand Prix Betting Preview

The Formula One race calendar has reached Japan, with the Grand Prix at Suzuka set to be one of the most eagerly anticipated contests of the season. As ever, there will be plenty of opportunities for ... Read More

2015 Italian Grand Prix Betting Preview
2015 Italian Grand Prix Betting Preview

After blowouts in Belgium for German drivers Nico Rosberg and Sebastian Vettel, which threw tyre manufacturer Pirelli into the spotlight, tensions are running high in Formula One. ... Read More

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