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4 Awesome Formula 1 Betting Tips

The Formula 1 season takes up most of the year outside of Winter. The cars are raced all over the world. It's a huge business and gambling on the outcomes is equally huge. As with nearly all sports bets, you must take a good look at the history of each driver along with their team. Some other Formula 1 betting tips include constantly checking the weather conditions, who's on pole position, driver track history, along with previous podium finishing positions. Also, make sure you check the odds.

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Introduction: Awesome Formula 1 Betting Tips

The roots of modern Formula 1 racing can be traced back to the European Grand Prix championships of the 1920s and 1930s. The Formula 1 of today got started in 1946 with the Fédération Internationale de l’Automobile’s standardisation of rules, which were adhered to by the World Championship of Drivers starting in 1950, though the first recognised Formula 1 race took place in 1946 at the Turin Grand Prix. Today’s Formula 1 takes place year-round on different race tracks throughout the world and attracts a huge number of racing fans.

The single-seat racing cars represent the pinnacle of vehicle design and the drivers are, without a doubt, some of the very best drivers in the world.

There’s a points system that results from positions gained after each race. The prizes are for the actual driver who wins the most points over the racing season, as well as a reward for the best team or manufacturer. The best experience, apart from attending a race meeting, is if the points between a couple of drivers are very close as the season starts to wind down. Then we can see the desperate scrabble between first and second place being played out at 200 mph.

As with all competitive sports, there is a massive amount of betting on the individual race winner, or the long shot at the seasonal champion. All sports books will have several Formula 1 betting options on their books. One of the best is 22Bet Sportsbook who offer a huge number of Formula 1 betting markets, along with some great Formula 1 betting tips.

Formula 1 Betting Tips: The Most Popular Formula 1 Bets

We’ve listed below the most common betting markets in Formula 1. Hopefully, armed with this knowledge, you’ll be able to learn how to win the jackpot with these Formula 1 betting tips. Keep in mind that different bets will come will varying odds which are based on both your wager and the driver’s/team’s standing and various other relevant statistics.

Driver Match-ups

This is the simplest bet in motor-sport. You simply choose two drivers and decide which one will be the winner. It’s of no consequence who else finishes or if one of your drivers makes the finish line or not. Just as long as the one you’ve selected wins, then you also win.

Future Bets

You can find future bets in all sporting betting market places. You’re going to be placing a wager in advance of the racing season. So, before the season begins, you can bet on the driver or team whose going to win. This works for both the Drivers Championship and the Constructors Championship.

First Lap Driver

Essentially you’re betting on which driver will be in front at the end of the first lap.

H2H (Head to Head)

This is a driver vs. driver bet. You’re trying to predict which driver will be more ahead during the race out of two selected drivers. This can be for a single race or the whole racing season.

H3H

This is the same as the above, but with a section of three drivers.

Podium Finish

Similar to the above, except that you’re trying to predict the three-race finishing podium drivers. It’s of no consequence as to what order the drivers finish, whether 1st, 2nd or 3rd, just as long as your three named drivers are standing on the podium.

Pole Position

This is a very popular bet in that you try and figure out what driver will start the race on pole position after the first qualifying round.

Check out the 22BET Sportsbook for the latest eSports odds

Prop Bets

Proposition bets are ones placed on any less conventional outcome. For example, which driver will finish in 6th place. Or the first driver to retire from the race. Or the first driver who receives a drive-through penalty. The options are almost limitless.

Formula 1 Betting Tips and Strategies

The Formula 1 season lasts 19 weeks and runs between March and November, with 22 Grand Prix races. These events are on racetracks all around the world, from Australia to Japan, as well as across Europe and the USA. To formulate some sort of betting strategy, some things require that you to look into them in some detail. Be wary of betting with emotion simply because you like the personality of a particular driver. We made a list of tips to help you get the best out of your Formula 1 betting experience.

Understanding the Odds

OK…this sounds like a no-brainer. But for your best possibility of winning your bets you need to do at least a little remedial research to find the best odds on either the driver or the constructor. From a purely statistical perspective, betting on the driver to win a specific race is going to give the most favourable odds and going to increase your jackpot winning chances. If you go for head to head bets or fastest lap times, then likewise the odds will be easy to find.

Remember to check the expected payouts before placing your wager. Rather than go for the favourites, where there will only be a little value, as everyone is chasing them, we suggest that you take a look at prop bets.

Plenty of Research

As a matter of course, you should be taking a deep dive into both the driver’s and the team’s previous outings. This performance history should also include the racetracks, weather conditions, time spent pitting and all the factors that can be matched up against another driver. Podium finishes as well as championship points can also help. If you go search online, there are a huge number of Formula 1 comparison website designed to make your betting life that much easier. We have found that 22Bet Sportsbook has all the Formula 1 information in one easy to read place.

Grid Position Matters

One of the best aspects of Formula 1 betting, or for all sports betting for that matter, is the possibility of live betting. If you’re doing this, then make a note of your drivers’ starting position on the grid. Someone in pole position might have a better start than someone much further down the grid. But this might have little effect on who wins. Some good jackpot winning tips and tricks come from going over the driver’s history with the track in question.

To achieve high points at the end of the race requires more than just a good pole position, as the track layout, weather conditions, and even back markers can play a huge role once the race begins in earnest.

Keep an Eye on the Weather

Probably the number one factor in a race’s outcome is going to be the weather. More especially if the conditions are what’s called “changeable”. This means that going from sun to rain or back again, can have a massive influence on such things as when to pit to go from dry to wet slicks, and likewise trying to predict for how long a certain number of weather factors will be in play. There’s no point in changing to wet tires, if it’s a short shower and the track then dries in ten minutes. Being aware of changes in weather conditions should always be part of your jackpot winning strategies.

We suggest that you take a look at the historical data for the track as one of out top Formula 1 betting tips. And then look up at the sky. Check the local weather forecast. If you’re betting on a driver, then look to see how well they have previously handled differing weather conditions. Some drivers can excel in the rain and others are a disaster.

Conclusion: Awesome Formula 1 Betting Tips

If you bet on sports in general, then betting on Formula 1 is no different. You still have to put in the time and energy into doing some homework, especially if you want to gain an edge. We suggest that you first stick to the simple Formula 1 betting markets, especially if you’re just starting with Formula 1 betting. By keeping things simple, and following our Formula 1 betting tips, you’ll have a greater possibility of having some winnings and controlling your bankroll losses. Once you’re up to speed and feeling comfortable with all the necessary research, then look to prop bets as a means to increase your winning percentages.