F1 Betting Odds Explained: What Every Bettor Should Know

You can pit your wits by analysing team data to consider strategic bets or just do a basic bet on who will win a race. Naturally, considering their two drivers lead the way, McLaren is leaps and bounds ahead in the Constructors’ Championship. Behind them is Mercedes with 141 points and 4 podiums, while Red Bull, with 105 points, 1 win, and 3 podiums, is third.

Types of Formula One Bets

We’ll be https://roobetofficial.com/ focusing on the latter and explaining how you can make strategic Formula 1 bets based on a wide range of metrics. Pre-race bets are placed before the race starts, while in-race bets allow you to react to live developments, such as crashes and tire changes. Whether you’re a beginner or an experienced bettor, this comprehensive guide will give you the Formula 1 betting insights you need to place more informed wagers. All the research you can do will help identify any value bets and can assist bettors with making informed, more accurate bets.

Nonetheless, you can utilize particular approaches to increase your likelihood of success.
Wet weather causes the track to be slippery, and visibility is severely limited.
This bet offers six opportunities for bettors to have a chance of success and is another popular way to wager on Formula 1.
Ferrari did not get a car home in the top-six in Australia, after an unusually lacklustre showing.

What’s the difference between pre-race and in-race betting?

The only drawback with Bet365 is that they don’t release all the markets until closer to the race. Bet365 offer bettors and great selection of F1 bets including bets for qualifying, the main race and combinations bets. They also offer different odds boosts on each race so keep an eye out for those. As with all Each Way bets, your total stake is split in half, with one half placed on the win part and the other half placed on the driver being placed.

Spotting this type of anomaly can help when looking at outright race winners and head-to-head bets. By understanding how to read and calculate F1 betting odds, you can make more informed decisions when placing your bets. Additionally, utilizing an odds calculator can streamline the process and provide you with instant calculations for potential payouts. A certain track’s characteristics and setup will be vital to how a team and driver does each race weekend. For example, you may know that a particular driver has performed extremely well previously at this race track.

F1 betting has some unique types of bets, most obviously because the event is a race and not a game. In this section, we will discuss a few of the various bet types for F1 races. For those unfamiliar with F1 betting, refer to the following guide that provides a step-by-step explanation of how to place bets on F1 races. Our readers often ask us, “Can I bet on F1 online legally,” and we’re always pleased to tell them that yes, they can! Many states across the country have legalized sports betting in recent years and that includes F1.

You can choose a driver from there but if you want to see the full list just click on the Fastest Lap highlighted. There are times when teams who aren’t likely to finish on the podium try to get an extra point for getting the fastest lap and the teams push the cars limits to achieve this. The information and data available to bettors is better than ever and can help both experienced and new bettors.

The odds for number of classified drivers

Never bet more than you can afford to lose, as betting on any sport is extremely difficult, including F1. Some trends for F1 betting could include how drivers have performed historically on certain tracks, how they perform in each qualifying round, and how they perform from a different starting position. These odds are listed with a “+” in front of a number, which shows the possible payout for a successful $100 bet. In this example, a $10 bet would profit $140 if Lando Norris is the driver that wins the Las Vegas Grand Prix. A basic type of future is simply picking the driver that will win the race. In addition to single-race futures, you could also bet on the driver that will win the season-long championship as well.

These odds are shown similarly, but this time there is a “-” in front of the number. We need to think differently in this case, that number indicates how much you would need to wager in order to win $100. In this case, Verstappen is extremely likely to complete the fastest lap and the amount you profit would be less than the amount you staked. The previous section introduced you to the popular types of bets in F1 races. In this section, we’ll provide a little more info on those bet types using examples you might see at your sportsbook. Some sportsbooks will only offer traditional markets for F1 races, such as the winner of the race.

The penalties are dished out for breaking technical regulations or violation of behaviour rules. Despite today’s advanced technology and ridiculously fast cars that you see with Formula 1 now, the sport is covered with a rich history. Motor racing began to take shape in the 1800’s in France with people racing each other between villages. The Miami Grand Prix has witnessed three different polesitters since the inaugural race in 2022 – and interestingly none of these have gone on to take victory on that occasion. Leclerc was the first driver to claim pole at the track, with Sergio Perez and Verstappen following in the years after.

Also known as in-play betting, live betting allows savvy punters to place a bet during a race. F1 as a betting sport has grown exponentially over the last few years in particular, and it now feels with a very data-heavy analytical approach that the stars have aligned. If you haven’t tried F1 betting, I highly suggest that you claim a deposit bonus from a sportsbook and get started before the next race. If you see your state listed, you are free to join one of our trusted sportsbooks and place bets on F1 immediately. Alongside those aforementioned names, George Russell is seen as a likely contender for a spot on the podium.