Formula 1 Betting Strategy: Mastering the Podium Finish Market

SHARE

Formula 1 Betting Strategy: Mastering the Podium Finish Market

Newcomers can sometimes find themselves off the pace when it comes to Formula 1 betting. With the favourites so often coming out on top in a sport that relies heavily on technology, picking a worthwhile winner can be difficult. Mercedes and Red Bull have dominated the podium positions throughout the 2014 season, but with the spread of quality across most other teams being much more even, there’s plenty of money to be made away from the 'outright' markets.

'Podium Finish' Market Explained

The 'podium finish' market gives you a much better chance of cashing in on a rank outsider set to defy expectations, spreading your bet in exchange for shorter odds. However, just ten different drivers have finished on the podium in the 16 races so far this season. This means that the margin for error is still slim – only four of the ten could be considered genuine underdogs – but there are ways of spotting a big performance to come from a low ranking driver.

Driver Form

Form is so often a major factor in sports betting, and momentum shouldn’t be ignored when it comes to Formula 1. Lewis Hamilton has looked unstoppable since rebounding from his collision at the Belgian Grand Prix last season, while his teammate Nico Rosberg struggled to catch the Brit after being called out on the controversial clash. 2013 champion Sebastian Vettel also seemed to have hit a purple patch with back to back podium finishes in Singapore and Japan, before plummeting to eighth in Sochi.

Track Analysis

The track that plays host to each Grand Prix is a much more reliable indicator when picking a podium finisher. The most difficult courses tend to favour the best drivers from the top teams; it should be no surprise that Rosberg, Hamilton and Ricciardo regularly finish ahead of the rest of the pack. Notoriously, the Circuit de Monaco is one of the most difficult in the Formula 1 calendar, with 18 turns crammed into each 3.34km lap. Underdogs have performed better in recent years at Melbourne, Sakhir and Monza – comparatively easy tracks with fewer corners to negotiate.

Timing Your Bet

Timing is also important when considering your strategy for Formula 1 betting, because odds will fluctuate rapidly as each race weekend draws closer. If you choose to bet early, you’ll find that the odds closely reflect the overall standings. This means that spotting a ‘false underdog’ before the bookies is key to making a big profit.

There’s no substitute for studying the stats when it comes to Formula 1 betting, so make sure you know each circuit just as well as the drivers. For all the latest odds and available markets, visit 888 Sports today!

Recommended Betting Sites

Betting Strategy Articles


Why Shrewd Punters are Betting on the NBA Draft in 2017
Why Shrewd Punters are Betting on the NBA Draft in 2017

It's that time of year again when the NBA heats up and punters seek some serious value by taking a punt on the NBA draft. The draft's been an annual event since 1947, with gamblers betting on it ever ... Read More

Day-by-Day Expert Betting Tips for the Royal Ascot 2017
Day-by-Day Expert Betting Tips for the Royal Ascot 2017

One of the richest festivals in racing gets underway on 20 June when the runners and riders take their positions for the start of Royal Ascot 2017. Picking a winner from the wealth of talent on displa ... Read More

US Open 2017 Betting Value Found Outside the Favourites
US Open 2017 Betting Value Found Outside the Favourites

The US Open is a golf tournament that does just what it says on the tin, taking the tournament's name to heart in 2017. With players from way down the golfing ladder able to participate so long as the ... Read More

What England’s WC Qualifying Record Means Versus Scotland
What England’s WC Qualifying Record Means Versus Scotland

World Cup qualifying is in full swing this weekend as the historic rivalry between Scotland and England is renewed once more. Can the England side continue their tremendous run of form in qualifiers, ... Read More

Champions League Finals 2017 Expert Betting Tips and Odds
Champions League Finals 2017 Expert Betting Tips and Odds

For the upcoming Champions League Finals between Real Madrid and Juventus, should punters be looking to bet on football markets based around a cagy 0-0 or 1-1 with extra time and penalties? Or is ther ... Read More

Find NBA Finals Value Bets with the Series Score Market
Find NBA Finals Value Bets with the Series Score Market

For the third year in a row it’s the Cleveland Cavaliers against the Golden State Warriors in the NBA Finals, with bookies barely favoring Golden State outright. Fortunately, the series score market o ... Read More

Betting Navigation

Newsletter

Sign up for the free Gambling.com Newsletter to stay on top of all the best bonuses!
We will never share or misuse your personal information. Privacy Policy

Latest Betting Strategy

BettingGuides

Country Guide