15 May 2023Formula 1 racing is known to be the ultimate level of motorsport, this worldwide famous single seater auto racing championship which consists of twenty one races across five different continents with each race organised in a different country. This racing sport attracts various betting companies that provide odds both on race levels and also on championship levels.
New betting sites are popping up all over the web, offering players a chance to bet on sports and other events. With so many new options available, it can be hard to know which site is right for you. To help make your decision easier, MrCasinova’s team researched each site’s features and bonuses and compiled a toplist of the best F1 betting sites. Read our reviews in order to get an informed opinion of how they work. Make sure that whichever site you choose offers secure payment methods and reliable payouts!
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The championship season kicks off in March in Australia with a thrilling race around the Albert Park Grand Prix Circuit in Melbourne and finishes in the 3.4 mile Abu Dhabi Grand Prix circuit. With twenty-one races taking place within a span of nine to ten months does make it a busy time of the year for all the ten teams made up of two drivers each. In-order for all involved from drivers to engineers, they do get a three-week summer break at the halfway point of the season which usually comes up between July and September allowing everyone some free time to spend with their family.
Although, as previously mentioned, the season actually starts in March, in February the winter testing is on. During this month the teams and drivers get to try out their brand new cars for the upcoming season. Beside the testing it’s also an exciting part of the year for all enthusiasts as it’s that the time of year where all the teams start to reveal their new car liveries. This is also when bookmakers starts getting an idea on who are the most prominent drivers and if there could be any newcomers from the previous season.
The first race of the season in Australia tends to get a lot of attention, although it’s an early start to the day for European enthusiasts, it’s the race which most await after a winter without racing to watch.
It’s not easy to follow all twenty-one races, below we’ll try and highlight a few rounds which for the past few years have offered a spectacular form of racing. Monaco’s tight and twisty street circuit always offers something which keeps you glued to your screens, although the narrow streets limit the drivers on how much overtaking can been done throughout the race, it always offers an actioned packed seventy eight lap race.
Another four races to form a recommended top five races not to be missed races would be, Azerbaijan, Great Britain’s Northamptonshire Silverstone circuit home of the British Grand Prix, Ferrari’s home Monza circuit in Italy and as Abu Dhabi comes at the end of the season it’s when tensions are high which tends to offer a great closing to a year’s racing.
A Formula One weekend is made up of 3 action packed days, Friday, Saturday and Sunday. Friday is made up of 2 test sessions which gives an opportunity for the teams and drivers to gather some data for the rest of the weekend. Moving on to the following day, Saturday consists of another practice session followed by the official qualifying session during which all drivers qualify for Sundays race starting grid. Sunday is race day, the race lengths vary from one circuit to another but none of the races can exceed the two hours limit.
There are various bets that you can place on a F1 race. We can categorise these into 4 main ones:
1️⃣ Live Betting on F1
This obviously refers to betting during the race. This increase to the thrill of the race especially if you are a fan of any of the cars or drivers. Betting on a live F1 race is different than betting on football, you need to be wise, and anticipate drivers decisions like pit-stops and changing of tyres.
2️⃣ Outright Betting on F1
This is perhaps the most straightforward bet that you can bet on in Formula1. In an outright bet you can bet on a particular driver that he will win that particular GrandPrix. You can also bet that this particular driver will finish in podium (among the first 3), however here the reward would be less when compared with an outright bet on a winner.
3️⃣ Long-term F1 Betting
A long-term bet refers to the bets that you can bet on the driver or the team winning the championship of a particular year. The bookies change the odds as the season starts to evolve, meaning that you have a chance of winning big at the start of the season if you hit the right winning team or driver from as early as the start of the season.
4️⃣ Qualifying Betting
As we explained earlier, an F1 race is split on a weekend, the actual race happens on a Sunday but the qualifying day is usually Saturday. Bookmakers also provide bets on who will be qualifying and there in what pole position the drivers will be starting on race day.
As any other type of betting, F1 betting is fun and give players thrill and a chance to win some real money. However it is always important to emphasise on the fact that F1 betting can also be addictive, and if you start feeling that it is no longer fun to play and it is addictive, you should seek help. For more information you can read our responsible gambling page.
Betting with PayPal is a safe and secure way to bet online. With fast transactions, no fees and the ability to keep your financial information private, it’s easy to see why so many people prefer using this payment method when betting on sports or playing casino games. It also offers added protection against fraud thanks to its buyer protection policy. Whether you’re looking for an online bookmaker or a reliable casino site that accepts PayPal, there are plenty of options available today!
Betting can be a great way to make money, but it also carries risks. Our betting guide will help you understand the basics of sports betting and give you tips on how to bet responsibly. Learn about different types of bets, read up on strategies for making smart wagers and find out what bookmakers offer the best odds. With our comprehensive guide, you’ll have all the information needed to start your journey in successful sports betting!
Contributor rodren@mrcasinova.com Rodren Vella has over 10 years of experience as a web developer, with 5 of them being with an online casino operator based in Malta. Rodren is also a professional racing driver and raced in world-known circuits like Silverstone, where he won various races and titles. Some of them being the Civic Cup in 2015 and the Hot Hatch Championship in 2018.
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