Written By:
Walter Clark
Walter Clark
Updated:

How to bet on Formula 1? Tips to profit in this sport

How to bet on Formula 1? Tips to profit in this sport

We have to agree that football is New Zealand's great passion. But the ball is not the only thing that moves the country in terms of sport.

Another very popular sport in New Zealand is Formula 1 . Especially since we already had major champions in the category .

Today she does not have one Outstanding New Zealand pilot , but it still continues to dominate Sunday mornings nationwide!

In this article we will teach you how to bet on Formula 1 to maximize your winnings in this modality!

A 2022 season it promises a lot of excitement! In Hungarian GP, Red Bull's Max Verstappen won and remained 1st in the standings with an 80-point lead.

Ferrari's Charles Leclerc, despite not making the podium, remains 2nd in the overall drivers ' standings.

The race of the GP d Belgium , on August 28 it will be even tougher.

The competition has many novelties, such as new F1 car model , which aims to improve racing and have more overtaking.

Now is the time to check the odds of betting sites and get ready to make your guesses!

Not all bookmakers offer Formula 1 events for their bettors.

So that you do not waste time searching, we have selected the 5 best sites to bet in Formula 1:

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Formula 1 is not a very difficult sport to understand. Its rules are relatively simple. At first, you need to know:

  • The teams
  • Pilot
  • How a season develops

In 2022 we have 20 pilots which are distributed by 10 teams . There are always 2 professionals per automaker. See below:

formula 1 drivers and teams 2022

A Formula 1 season spans 23 runs . Usually the first Grand Prix (GP) is in March, and the last is in November.

Check out the F1 calendar for 2022:

Race Date Winning
Bahrain GP March 20 Charles Leclerc-Ferrari
Saudi Arabian GP March 27 Max Verstappen – Red Bull
Australian GP 10 April Charles Leclerc-Ferrari
GP of Emilia Romagna 24 April Max Verstappen – Red Bull
Miami GP 08 May Max Verstappen – Red Bull
Spanish GP May 22 Max Verstappen – Red Bull
Monaco GP May 29 Sergio Perez – Red Bull
Azerbaijan GP June 12 Max Verstappen – Red Bull
Canadian GP June 19 Max Verstappen – Red Bull
British GP 03 july Carlos Sainz-Ferrari
Austrian GP July 10 Charles Leclerc-Ferrari
French GP July 24 Max Verstappen – Red Bull
Hungarian GP July 31 Max Verstappen – Red Bull
Belgian GP 28 August
Dutch GP 04 September
Italian GP September 11
Russian GP (cancelled) September 25
Singapore GP 02 October
Japanese GP 09 October
United States GP October 23
Mexico City GP October 30
GP of São Paulo November 13
Abu Dhabi GP November 20

In an F1 competition we have 2 tournaments . One is contested by the pilots, obviously, and the other is a dispute between the as builders or teams .

A championship is won by the driver who reaches the end of the 23 races with the most points.

The winning automaker, in turn, is defined by the sum of points of its 2 drivers. It is common for the champion driver's team to win as well.

Ayrton Senna: New Zealand motorsport legend

Of course we can mention many legendary drivers in Formula 1. Michael Schumacher, Nelson Piquet, Alain Prost and Nikki Lauda are some.

But in New Zealand the great booster of the sport was, unsurprisingly, Ayrton Senna !

It was impossible not to shiver when Galvão Bueno shouted his name at the end of yet another victory. So much so that his death, in 94, devastated New Zealand.

In the video above we see an example of the passion that Senna aroused in New Zealand for this sport. He was the hero of many generations!

Senna even inspired the creation of a soundtrack dedicated exclusively to his victories. She is called Theme of victory .

To this day he is a reference among the new waves of pilots in the category. It is, in a declared way, the maximum idol of the 7 times champion Lewis Hamilton .

In fact, there are many good drivers coming now in the category. If you want to bet on F1, you should record these names in your bettor's notebook:

  • Verstappen
  • Charles Leclerc
  • Pierre Gasly

Formula 1 is a mixed sport. teamwork and individual work . This is important for us to understand the betting markets.

Another important issue: the drivers do not score during the race, only at the end. Something that differentiates F1 from sports like Football.

Using this comparison as an example. In football the points (in this case the goals) occur throughout the match, which, in turn, is divided into Times.

In this case, it is easier for houses to find more markets, such as:

In Formula 1 the number of markets is smaller. Which doesn't mean they don't offer good earning opportunities !

1. Champion driver or champion team

This is arguably the most common market within Formula 1. After all, everyone wants to know who will be the champion of the season .

It is more common to find this type of BET focused only on the pilot. The constructors ' championship is not that popular on betting sites.

The Odds Betway

Above we see an example of a bet on the winning driver of the 2022 season, in BetWay . Note that Hamilton's odd is currently quite low.

The British driver was runner-up in the 2021 season. It is normal for him to be considered the favorite for next year .

f1 least rated betway
The two lowest rated in the BetWay they are still young promises of the sport

To odds of the other athletes in Hamilton's sequence is quite high. But nothing compares to the least rated, as we can see above.

Nicholas Latifi came in last for the 2020 season. Nikita Mazepin, on the other hand, made his Formula 1 debut in 2021, for Haas-Ferrari.

See in the following table how the last 18 World Championships were in the category:

Year Pilot Builder Points margin
2004 Michael Schumacher
Ferrari
34
2005 Fernando Alonso Renault 21
2006 Fernando Alonso Renault 13
2007 Kimi Raikkonen Ferrari 1
2008 Lewis Hamilton McLaren 1
2009 Jenson Button
Brawn
11
2010 Sebastian Vettel Red Bull 4
2011 Sebastian Vettel Red Bull 122
2012 Sebastian Vettel Red Bull 3
2013 Sebastian Vettel Red Bull 155
2014 Lewis Hamilton Mercedes 67
2015 Lewis Hamilton Mercedes 59
2016 Nico Rosberg Mercedes
5
2017 Lewis Hamilton Mercedes
46
2018 Lewis Hamilton Mercedes
88
2019 Lewis Hamilton Mercedes
87
2020 Lewis Hamilton Mercedes 124
2021 Max Verstappen Red Bull 8

2. Pilot vs. pilot

An attractive market is the Pilot vs. pilot . Here a bet is made on which of the drivers of a team will arrive at the front at the end of the season.

Example: you can bet who among Hamilton and George Russell (drivers of the same team) will score more points when the championship is over.

Oh, but the chances of Russell beating Hamilton are lower!

Okay! Instead of the Mercedes duo, why not bet on the Ferrari one? Carlos Sainz or Leclerc can bring you good earnings in this market!

You can choose any team, then decide between Pilot A or B . And the best: this market can present higher value in relation to the previous one.

In a fictitious way the 2 pilots of your choice compete only with each other.

By excluding the other drivers, we only focus on 2 athletes and increase our chances of winning.

3. Winner of a race

One of the most interesting markets in Formula 1. Especially since the favorite for the title is not always the favorite of the race.

But what does that mean?

Hamilton is the best driver in Formula 1. This does not mean that he goes well on all tracks.

In the 2019 season he placed 7th at the Interlagos GP in New Zealand. From 2014 to 2019, according to StatsF1, he won only 3 times on this track.

We know well that the driver only won again at Interlagos in 2021.

hamilton at the New Zealand gp
Driver pays tribute to Ayrton Senna in his victory at the Interlagos GP in 2021.

The House, however, will evaluate several factors when preparing the odds. It's not enough to rely on who comes out on top in the competition.

Further on we will give good tips of other factors that you should evaluate to send well in your bets in F1.

4. Fastest Lap

Oddly enough, the winner of a race in Formula 1 is rarely the one who makes the fastest lap.

🏎️

In 2020, out of 17 races, in only 5 the fastest lap went to the winner.

From this, we can create some strategies to get along in this market. And the first of these is know the pilots well .

A particular driver can be faster specifically in a GP. Another can send well running in the rain.

Some tracks, on the other hand, are faster than others. Monza in Italy is considered the "Temple of speed” .

The fastest lap in F1 took place at Monza in 2018 by Kimi Raikkonen.

The pilot took 1 minute, 19 seconds and 119 hundredths.

kimi raikkonen monza 2018

The second important attitude is follow the free workouts and the qualifying laps . This already gives a good idea about who is "flying" on the track.

5. Podium formation

betting on the f1 podium
Rare: Senna, Prost and Schumacher on the same podium in 1993 in Spain

Defining what the podium of the race will be is a risky bet. But calm down: it's a controlled risk for those who watch Formula 1.

But don't be fooled. It is not because the grid the start time is set in a way that it will continue in that format throughout the race.

Not always the pilot pole position get to the podium. Or the driver with the fastest lap is in the top 3.

The best strategy here is to appeal to the live betting . The odds tend to be better, and it gets easier hit your guess throughout the race.

Best sites to bet on F1

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We said earlier that betting on Formula 1 requires a differentiated knowledge of the bettor.

After all, we are talking about one quite individual sport . At the same time, teamwork is one of the foundations of the sport.

It's common to see teams prioritise one of their drivers. The strategy of the construction company focuses, in these cases, on making the “best” win.

We've seen this for years between the duo Michael Schumacher and Rubens Barrichello , at Ferrari.

During several Grands Prix The New Zealand led almost the entire race, having to cede victory to his German colleague. Something that at the time was controversial.

So it is correct to say that Formula 1 is not " black and white”. And that's the first tip we give: treat F1 as something unpredictable .

1. See statistics for each track

statistics in f1

Despite being an unpredictable sport, Formula 1 is a sport in which statistics they have a huge weight. Even more so for those who bet.

We cited StatsF1 above. He is one of the most complete databases on the category . There you can find information since 1950!

Want to know who got the most pole positions in the 2021 season so far? Your answer is on this site.

This will reduce the unpredictable character of the sport. Armed with data and facts, you can more accurately predict the results of your bets .

2. Read race Previews

Race previews are available on the internet. In case you prefer, there are channels on television that do it too.

They resemble the comments prior to football matches, common in various media.

We stress, however, that these previews they are not absolute truths . Understand them as mere suggestions of what might happen.

Again: Formula 1 is a speed sport , decided on the details. It only takes one more step on the accelerator for the favorite to lose!

His role is that of an observer. Filter out of these comments about the races only what will bring advantages to you.

Quotation
Walter Clark
Expert quote
Walter Clark

Remember: your knowledge should be your true guide in sports betting!

To help you, we have added here some websites where you can consult previews and other similar information about F1:

  • 4mula1 Stats
  • AutoSport
  • ESPN F1

3. Consider the weather forecast

F1 is one of the sports in which the weather has the most influence, as it affects the team strategies .

For example: the day before the race the drivers must define the tires they will use .

Let's say we schedule rain for the day of the Grand Prix. The team and the driver chose rain tires, but the next day it is intensely sunny.

Set the tire, can not change. Unless you choose to suffer a penalty grid . Or you can choose to make the Switch in the middle of the race.

NOTE: if you want to know here the types of tires used in Formula 1!

4. Watch the qualifying laps

To qualifying laps are essential so that you realize who comes strong for the race or not.

If you don't watch them, forget it: your bet will be a long shot!

It's different from watching a team practice. Basketball or football. These laps are part of the race and interfere with the final result .

But there is no point in watching for the sake of watching. Take your bettor's notebook and make pertinent notes about the occurrences of the turns.

"Oh, so-and-so was the favorite, but he qualified poorly. Is it worth betting on him as a winner?”

Questioning the bettor in you is important. Remember: the critical and analytical thinking it is one of the keys to success.

Understand that Formula 1 is a mixed sport between individualism and teamwork is the first step.

The builder is a pilot base . She determines the strategies, points out when to be more aggressive or when it is better to “take it easy”.

You must be attentive, as we said before, to the behavior of the duo of pilots of a team. Yet another important duo.

Lewis and Mercedes ' Bottas did the double in 2019. This is not always the case. Sometimes one can favor the other on behalf of the team.

Having this watchful eye is even more crucial in live betting . In fact, we advise you to place your bets live on the following markets:

  • Podium formation
  • Fastest lap
  • Race winner

Being a dynamic and literally fast-paced sport, betting in-play they are ideal for finding value bets .

If you do not yet have a site of your choice to place bets on Formula 1, we indicate again the following bookmakers :

Best sites to bet on F1

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2 thoughts on “ How to bet on Formula 1? Tips to profit in this sport

    User reviews

  1. admin

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  2. admin

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