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A Guide to Betting on the Formula 1 Season

Formula 1 is the one of the most popular motor sports in the world. Each year, drivers and teams compete to be declared Drivers’ Champion and Constructors’ Champions, respectively.

The season consists of a number of races, known as Grands Prixes, which take place at racetracks around the world, including in Brazil at the Autódromo José Carlos Pace. Both the drivers and teams amass points depending on how they perform in each of the Grand Prixes, and this determines their position in the standings and ultimately, which team and driver is declared champion.

A race weekend is made up of several components. To begin with, each team has practice sessions. There are then three qualifying rounds before the race itself. The drivers and teams that finish in the top ten positions of the race receive points and there is an additional point available for setting the fastest lap time.

Those interested on betting on Formula 1 will want to pay attention to every part of this process. The practice sessions are a fantastic opportunity to gain insights into the cars and their drivers. Qualifying takes place in three stages with a knockout format, and the ten fastest cars compete in the third round to establish their starting positions in the grid. Not only will this provide fans with even more information about the race, but it is also the first stage of a race weekend that it is possible to bet on.

Betting on Formula 1

When it comes to betting on Formula 1 there are numerous options. It is possible to bet on the season as a whole as well as individual races. Here we shall explain some of the most popular types of bets to help you get started.

Drivers’ Championship

This is an outright market as it deals with the season as a whole. It is simply a bet on which driver will have the most points at the end of the season and be declared champion. Very often, the earlier in the season the bet is placed, the better the odds.

Constructors Championship

Another outright market, this one is on which team will amass the most points between their two drivers across the entire season and win the Constructors’ Championship.

Race Winner

This is the simplest bet you can place on a single race. It is simply a bet on which driver will win the race. Often this is the best place to start if you are new to Formula 1 betting.

Head to Head

This is an interesting bet and it can be a fun way to back a driver you support but do not think can win. It simply pairs two drivers together and you are betting on which one you think will do better. It doesn’t matter if your chosen driver doesn’t win, the important thing is that they do better than other driver named in the bet.

Pole Position

This is a bet on the qualifying rounds. It is a bet on which driver will do the best in qualifying and therefore start the race in the first grid position (known as pole position). It is decided by which driver finishes the final qualifying session with the fastest lap time.

Qualification Winning Team

This is similar to the Pole Position bet but it is a bet on which of the teams will secure the fastest qualifying time and start the race from the front.

Qualification Winning Margin

This is a bet on what margin a driver will win qualifying by. It is possible for it to be just a few thousands of a second, so it can be a truly exciting market.

Fastest Lap

When it comes to the race itself, there is an extra point available for fastest lap, which gives the drivers great incentive. This is a bet on which driver will achieve the fastest lap. It doesn’t matter if they don’t win the race, if you choose the right driver, you will win your bet.

Top 3 Finish

This is a safer bet than Race Winner. It is a bet on a driver to finish in the top three positions. If it looks like a race is going to be very close, then this can be a great way of giving yourself a better chance of winning the bet.

First Driver/Team Retirement

This is a prop bet on which driver or team will be the first to retire. There is no guarantee that any drivers will retire, but if you think that one will, it can be a fun bet to place.

Race Winning Margin

This is a bet on how close you think the race will be. If you believe that a driver is likely to be miles ahead, then you could bet on a big margin, conversely, you could bet on a very small margin if you think the race will be close.

Grid Position of Winner

This is a bet on which grid position you think the race winner will be starting from. For example, you could bet on the driver in pole position to go on to win the race.

Winning Nationality

This is a bet on the nationality of the winning driver. If there are several drivers of the same nationality, then it gives you multiple chances of winning the bet.