Important Tips to Master Formula One Betting

Formula one seems to divide people’s opinions, with many questioning whether it’s even a sport at all but one thing that can certainly be said about it is that there is plenty of money involved. Where ever a Formula One weekend takes place you can be sure to find excitement, glamour and plenty of betting opportunities with many online bookmakers offering different markets. However, there are many factors to take in to consideration if you want be able to master Formula One betting.

 

Research

As with all sports, if you want to give yourself the best chance of making winning bets, then you must do your research and Formula One is no different. There are various ways that you can increase your knowledge of Formula One, including:

 

1. Watch as much Formula One as possible, this is the best way to get a real feel for how races develop and the various elements throughout. With teams using different tyres and various pit-stop strategies for example, it can be confusing to the casual observer.

2. Check the previous results at the track on which the race is going to take place. Doing this can reveal interesting patterns, such as the same driver winning on the same circuit four times out of the last five races.

4. Spend time watching the practice sessions, which happen before every race weekend. This may not give you a concrete prediction on the outcome of a race but it can give indicators on how confident drivers feel with their car and who will be heading in to the weekend feeling good.

5. Pay attention to team orders during the course of a season, being able to predict how a team is going to direct a driver could open up some nice betting opportunities.

 

Check The Weather

Keep an eye on the weather forecast building up to a race as this can have a huge impact on what happens on the track. Firstly, if the weather is set to be dry and fine then in most cases it can be safe to assume that the best drivers in the best vehicles will fare much better than the lower ranked drivers in the lesser vehicles.

However, if rain is forecast then this can change the whole complexion of a race, making things very unpredictable. Some drivers are specialists in wet conditions and will perform much better in relation to how they would usually if the conditions were dry. If you are able to follow the weather closely in the build up to the race or have a good knowledge of local conditions then try and place your bets before the market has reacted to the impending change in weather.

 

Using Statistics

With the internet offering so much information to sports fans, it would seem ridiculous not to try and use it to give you the edge when placing bets. However, you have to be willing to really spend the time conducting your own research to make the most out for Formula One statistics.

For example, simply looking back to see who won the same race last season as a guide to this seasons outcome will prove to be futile if it turned out that the winner only came first because two cars in front of him suffered failures on the final lap.

Do not take top three finishes as being the way the race actually panned out, delve a little deeper and find out exactly what happened in the race to build up a complete picture for your betting reference.

 

Formula One Betting Markets

There are a good selection of Formula One betting markets to choose from at the majority of online bookmakers, the most popular include:

 

Outright Championship Winner – This applies to both the drivers and constructors championship, with betting open from the start to the end of the season or when the championship has been decided.

Grand Prix Winner – Similar to the above, this is betting on which driver will win the race and can be placed before or during the race.

Pole Position – This involves backing the driver you think will start the race first on the grid after the qualifying session.

Podium Finish – This provides the opportunity to bet on which drivers will finish in the top three come the end of the race, thus spreading the risk but with odds that reflect this.

Fastest Lap – As the name suggests, this refers to betting on the driver that will complete the fastest lap of the race.

 

In addition to these bets, there are others available, including combinations of the above and also more novelty style bets such as predicting the number of cars that will make it to the finish.