The pinnacle of auto racing. The highest class of car competition. Formula One Racing, the world’s most-watched motorsport, oozes glamour and finesse. Every single-seater costs millions of dollars, pounds, euro, or basically any known currency. The competitors are some of the best-paid athletes in the world. And the fans? Well, there’s no other sport you can easily watch from your balcony in a Monte Carlo casino and hotel, or from your yacht in the Singapore Marina. Money practically flows in, over, and between cars in every race. You got sports. You got money. The math is simple and it’s of no surprise that F1 betting is mightily popular.
In a sport that has changed eminently since its early days, about 100 years ago (although the World Championship would only start in 1950), betting itself evolves every day. So for someone who wants to be part of it and wonders how to bet on Formula 1, the following list of Formula One betting sites will help make the first important step towards betting on F1. That’s none other than picking the best F1 betting site according to your preferences and wagering style.
Finding the best Formula One betting odds is an ongoing hunt. If a bookie gives you better value for one of your bets, it doesn’t necessarily mean that the same will happen every time. Researching and doing your homework to land the best value, you have to keep comparing F1 odds. Now if two or more bookies of the ones we’ve listed above offer more or less the same, then you shouldn’t ignore any promos and offers. They shouldn’t dictate your style of play, but you shouldn’t thoughtlessly disregard them.
Formula 1 betting has a unique characteristic in comparison to other sports and that is the limited amount of races. Each season there are only 20 or 21 of them. Even if you factor in qualifying (and not practice sessions which are a terrible betting idea), we’re talking for a maximum of forty events a year. That is pretty much four weeks of Premier League football. But that’s the beauty of it. You have to find value with the same teams and drivers competing week in and week out. In order to do it, you ought to explore different markets. When you bet on F1 Grand Prix results, it’s not only about the outright winner. You can bet on individual placement, top 3, top 6, margin of victory, number of finishes, the very popular F1 each way bet, or any other kind of (rational or weird) F1 prop bets. Explore your options, hunt for value, and you’ll be rewarded.
No matter how much you research a race, Formula 1, or any motorsport in that matter, is extremely unpredictable. A mechanical issue, a driver’s miscalculation, or even the weather, can alter everything. In order to minimise risk, more and more bettors shift attention towards F1 live betting. Many bet types are best fitted to in-play wagering. Next driver to retire, or the next driver to make the fastest lap are ideal bets if you are watching a race and have an idea on what is happening.
Very much connected to the previous segment, as having a feeling for the race is equally as important when you know where to pull the trigger and cash out. In that case, you need the bookie to give a fast response, as in F1 racing every second makes a difference. In such a frantically-paced sport it can be the difference between winning and losing. Never disregard cash out in online Formula 1 betting.
Can you bet on Formula 1 online if you can’t navigate through the bookie’s website? Probably not. Or at least your life will be harder. A user-friendly interface might not seem like a priority at first, but as time goes by you come to see that the ease of use is a necessity. A well-structured platform will not only save you time. It can literally save you money. Not only will it be easier to find the right betting option, but in the case of a cash-out, as we already discussed, user-friendly website will make a difference. Of course, the same standards should be met when it comes to the mobile app. Nowadays the biggest F1 betting sites have a respectable, to say the least, application since the majority of punters bet on the go.
When people refer to a bookie’s reputation, it is rarely in regard to odds or bonuses. A good or bad reputation is created, maintained, and built upon, solely based on safety, security, and credibility. For better or worse, choosing one of the oldest, highly-regarded bookmakers usually makes the most sense.
As a bettor, you should set priorities. See if you value odds, market variety, or a good app, and make your choice. A good place to start your research is the list of F1 betting sites we have compiled for you, but at the end of the day, it is your money and your free time that’s on the line. You should be the one to make the ultimate decision.