Formula 1. The Game. Betting Guide.
Online Formula 1 Betting
Formula 1 Betting Basics - F1 Betting Guide
The Formula 1 racing season lasts from March to October. During this time, there are many, many opportunities for picking up some profits on wagering. Unlike what one might expect, money can be won in ways besides just choosing the final winner. Instead, there are a number of ways.
Qualifying Bets
First of all, there are bets related to qualifying. On the day before a big race, teams have to compete in a qualifier to determine how they will be positioned to start the actual race. The qualifying hour is a separate event when it comes to placing bets. You can place a bet on an individual’s qualifying time or who will win the best position or a variety of other race details. This can be done through a bookmaker or a betting company.
Bet on a Big Race
Next, there are obviously bets to be placed on a big race itself. Any true fan who places bets will wager on that one. Most will place their first bet on who will actually win the race in the end. You can generally place your bet only on the 1st place winner, but your driver must win for you to collect a payout. You can also bet on a particular individual to place without telling what place they will get, and you will receive about 1/5 of the winning odds if they end up in first, second, or third.
Top Scoring Constructor
Additionally, you can bet for a “Top Scoring Constructor” in any race. This means you will select a participating constructor, such as Renault or McLaren, who you believe will collect the greatest number of constructor points at the event. Constructors are awarded points for any finish in the top eight, so this is a popular avenue for betting.
Overall Championship Bets
Finally, you can place your bets related to the overall championship, instead of just on individual races. Obviously, this means you will have a financially vested interested in the racing results for the whole season. You can select your favorite driver before the first race of the season and track his performance for the entire time. If you do this, know ahead of time that one not so good race doesn’t mean you are lost for the season. Even if he doesn’t start out perfectly, he will have time over the season to improve and better his rating. Also, if you are so inclined, you can also wager on the Top Scoring Constructor for the overall championship as well.
Nominate the World Drivers Champion
One addition betting option you might want to consider for Formula 1. You are able to make a nomination for who will win the Formula 1 World Drivers Championship, and you can then place a bet on who you believe will win. You can “bet to win”, meaning the individual you choose has to win, or you can “bet each way”, meaning you get a smaller payout if that person places at all. You may also want to nominate and bet on a team to win the Formula 1 World Constructors Championship.
Fast cars, fast changes, and profit. Formula 1 racing offers betting opportunities to suit what you want to do.
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