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Different ways to bet on Formula 1

Ad, do not use — Photo: © IMAGO

Different ways to bet on Formula 1

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Formula 1 is one of the most popular sports in the Netherlands. With the successes of Max Verstappen and the temporary return of the Zandvoort Grand Prix, motorsport has only gained more followers. As a result, interest in races continues to increase, and there are many people who like to bet on them. There are therefore many opportunities to place bets on various platforms.

Various factors can play a role and determine how a race ends. These include the starting grid after qualifying, the weather conditions, the circuit and any penalties. All kinds of things can play a role in how a Grand Prix unfolds, and this makes it difficult to predict correctly. Bettors who decide to bet on races do so in different ways. Below, we will look at a number of betting options that are often chosen.

Outright bets on race winners

With outright bets, you can bet within Formula 1 on who will win a particular race. It is one of the easiest ways to get started, which makes it popular among bettors who do not yet have much experience. For each driver, you will see odds listed. From these, you can see exactly how much you would win if you were to bet one euro, although the odds are also displayed differently on some platforms. This is, however, the most common format.

You choose a driver if the corresponding odds are interesting and can then decide how much you want to bet. Before you finally place an outright bet, you can see what the potential payout will be if your prediction is correct. Of course, you can also choose to bet on other drivers finishing on the podium or in other positions. In addition, it is often possible to cash out early. If someone is leading and you predicted this, you can sometimes take part of the winnings before the race is over.

Long-term predictions

There are various platforms such as GambleGuru where you can find information about bookmakers that offer bets on Formula 1. In addition to betting on the winners of individual races, you can also place bets that require you to look further ahead. Season-long markets, for example, are an option that is often chosen. The idea behind them is quite simple. Before or during the season, you bet on which driver will ultimately win the world title.

You can also bet on other things, such as who will win the most races, how many times someone will finish on the podium and which team will win the constructors' title. Based on the odds, you can clearly see in advance which driver and which team are the favourites. As the season progresses, you can still place these types of bets, although the odds can change significantly due to the results achieved up to that point.

Live betting during races

Live betting has become increasingly popular in recent years. While a race is taking place, you can continue to place bets. Depending on everything that happens during a Grand Prix, you can see the odds constantly changing. In the sportsbooks of many providers, you can now find a separate section where you can make these types of predictions. Because the situation in races can change quickly, this is an exciting way to bet, where you have to consider all kinds of factors that can play a role.

Over the years, we have all seen a number of Max Verstappen's brilliant comeback drives in the rain. When something like this happens in a race, it has a major impact on the odds for live bets. A sudden rain shower or a crash that causes a Safety Car to come onto the track while a number of drivers are able to dive into the pit lane for new tyres can change everything. All of this makes Formula 1 one of the most difficult sports on which to place live bets. At the same time, it also offers many opportunities for bettors.

Betting on qualifying

Qualifying is an important part of every race weekend. This is also a popular part to bet on with many bookmakers. During a perfect lap, drivers try everything they can to set the fastest time. If they succeed, they are allowed to start the race from Pole Position.

Although qualifying on Saturday offers no guarantees as to how a Grand Prix will unfold on Sunday, it is a good indication of where the field stands. You can immediately get a good idea of which cars perform well on a particular circuit, and this often carries over into the race. However, because there are also all kinds of other circumstances that can influence the results, everything can quickly change completely again a day later

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