How To Bet On Formula 1 Racing

Be sure to tune in and place your bets as F1 makes a dramatic return to China, promising a weekend of unmissable racing action. With Max Verstappen an overwhelming favorite to win both the Sprint and Grand Prix in Shanghai, these parlays are a great way to enhance your bets’ potential payouts. Currently, Formula 1 is experiencing an unpredictable phase with fluctuating team performances. Both championships are still open, and teams will strive to gain an advantage in the standings. Despite being in the Red Bull, Sergio Perez is expected to continue his poor form. Meanwhile, there is value in the final two point-scoring positions, as the mid-table teams have been inconsistent throughout the year.

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  • He previously played poker semi-professionally before working at WPT Magazine as a writer and editor.
  • The only certainty is that in Formula 1, anything can happen, and the odds are just the starting point of the race.
  • Entering the 2023 season, two-time world champion Max Verstappen (Red Bull Racing) was a -150 odds-on favorite to claim his third consecutive world championship.
  • Such results can lead to drastic odds shifts, creating opportunities for bettors to bet on or fade drivers’ finishing positions once the actual race starts.
  • Verstappen is in red hot form right now which is why the leading UK bookmakers have made him a heavy favourite for the 2023 US Grand Prix.

Barring any unforeseen mishaps or technical faults, Max Verstappen is likely to not only qualify for the race but start at the top of the grid. In fact, if you look at the current F1 betting odds at talkSPORT BET, you’ll see that he’s 4/11 to qualify fastest. Other names you can expect to see towards the front of the starting grid are Lando Norris, Oscar Piastri, Charles Leclerc, Carlos Sainz and Lewis Hamilton.

Which UK bookie has the best British Grand Prix odds?

That put him top of the 2023 Formula 1 Drivers Standings with almost twice the number of points as second-place Sergio Perez. A seven-time winner this season already, Max Verstappen offers excellent value to continue his strong home form. This track is notoriously difficult to overtake on, and the Dutchman has secured pole position all three times he has raced here.

Past Formula 1 Drivers’ Champions

It’s best-of-nine action until the semi-final stage and the first wager I like the look of is DANIEL WELLS to beat Julien Leclerq. Following a pretty intense period of qualifiers, a brand-new event, namely the Xi’an Grand Prix, kicks off the mainstream tour proper on Monday. For that reason, always shop for the best line to ensure you’re getting the best price for your selected market. One book might price Alpine’s Pierre Gasly to finish in the points at -140 while another may offer -125.

British Grand Prix F1 Betting Odds, Tips – Norris and Verstappen Favourites for Silverstone Win

The likes of top five and to finish in the points could be the way to go when betting on the British Grand Prix this time around. The best UK betting sites will have hundreds of markets on race weekend, from practice and qualification performance to the fastest lap or matchups between specific drivers on race day. Anyone who wants to eke out some extra value from the 2023 US Grand Prix betting markets might want to consider a bet on Lewis Hamilton. The Englishman has been out of sorts in 2023, but he’s won this race six times before.

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Before we dive into some winning Formula 1 betting strategies, allow us to explain our circuit groupings. And yet, Formula 1 betting largely remains a mystery to most novice sports bettors. For individuals looking to bet on this motorsport, here is a guide and best practices for handicapping and betting. Amidst its rising popularity in the United States, Formula 1 has experienced similar growth in sports betting.

  • In fact, such is its popularity that almost as many people bet on the British Grand Prix.
  • Weekend Format and Tyre StrategiesThe 2024 Spanish Grand Prix will follow the regular Grand Prix format, including three practice sessions, a qualifying session, and the race.
  • When you combine these offers with dozens of British Grand Prix bets, including head-to-head match-ups, Sky Bet is right up there with the leading F1 sportsbooks.
  • The Englishman has been out of sorts in 2023, but he’s won this race six times before.

In the two prior races – albeit largely due to some bad luck – Norris finished P13 and P17. As the season moves along, teams will install “upgrade packages” to their cars in reaction to performance. Say you want to bet Alfa Romeo’s Valtteri Bottas to finish in the points. At one shop, you might find that market at +150, whereas another shop could offer the same outcome at +175.

Betting Sites for Grand Prix Bets

If you’ve never placed a Formula 1 bet but have bet on golf before, a lot of these markets will look familiar. If you or a loved one has questions or needs to talk to a professional about gambling, call GAMBLER or visit 1800gambler.net for more information. Certain provisions of this site are intended for persons of legal age in jurisdictions where online gambling is permitted. McLaren have been the most improved team since last season, with Lando Norris sitting second on 199 points and Australia’s Oscar Piastri in fourth on 167. Returning from the European summer break, the thrilling Formula 1 schedule continues this weekend as we head to Zandvoort for the 2024 Dutch Grand Prix. The -2.5 line is at 8/11 Pang v 6/5 Deaville is the closest handicap offering but the -3.5 option looks appealing.

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After a dominant weekend in Monaco, Ferrari struggled in Canada, resulting in two DNFs. To compete at the top in Barcelona, they need a better upgrade package. Red Bull’s Max Verstappen returned to form in Canada, but Sergio Perez’s amalga oshiriladi mostbet poor performances impact the team’s standings. Red Bull lacks a strong challenger this season, making error-free performances essential. McLaren’s consistency and strong driver lineup pose a significant threat to Red Bull.

  • Max Verstappen, having won the last two races in Spain, is a favourite.
  • For example, you’ll get a £30 free bet when you use our registration link and stake £10 bet at BetUK.
  • Therefore, if one of our recommended Formula 1 sportsbooks is offering 2/1 odds, that’s a good deal.
  • If you’ve never placed a Formula 1 bet but have bet on golf before, a lot of these markets will look familiar.

Because the oddsmakers are underestimating Hamilton’s chance of winning, in your opinion i.e. they’re offering longer odds than you believe is necessary. This, in turn, means you could win more than the true odds suggest you should. Because of this, we’ve put our expertise to good use and compiled the ultimate Formula 1 betting guide. In the following sections, we’ll not only give you a general overview of how and where to bet but tips on what to wager money on. So, if you want the latest British Grand Prix odds and how to get maximum value from the UK’s top sportsbooks, scroll down now. Doing so will allow bettors to get buy-low opportunities on drivers who have posted weak results recently.

Knowing which drivers deliver above-average results on certain track types can lead to profitable bets. For that reason, it’s important not to overexpose your sports betting bankroll before the sessions begin. By holding off, you’ll be able to add positions throughout the weekend and get more favorable pricing closer to the start time. Such results can lead to drastic odds shifts, creating opportunities for bettors to bet on or fade drivers’ finishing positions once the actual race starts.

Aston Martin are the quickest of the mid-table teams and the Canadian will be favoured by difficult overtaking conditions, as he is known for his strong qualifying performances over his race pace. In this example, 2/1 odds tell us that the bookmakers believe Lewis Hamilton has a 33% chance of winning the British GP. They assign a percentage to that probability, and this gets converted into betting odds. The starting grid for the British Grand Prix will almost certainly consist of the world’s top ten drivers. We can’t give you the exact line-up because that won’t be determined until the qualifying stage is over.

Max Verstappen’s win in Japan a fortnight ago secured his second drivers’ world championship, and Red Bull could secure the the constructors’ championship in Sunday’s race. Daniel Smyth has seen the online poker, casino, and betting industry from every angle. He previously played poker semi-professionally before working at WPT Magazine as a writer and editor. From there, he transitioned to online gaming where he’s been producing expert content for over 10 years. Not only that, he’s coming off a win at the Qatar Grand Prix where he beat Oscar Piastri into second place by almost 5 seconds. Verstappen is in red hot form right now which is why the leading UK bookmakers have made him a heavy favourite for the 2023 US Grand Prix.

Once each driver has posted a qualifying time, they’ll get a place on the Silverstone starting grid ahead of the big race on July 9. The best betting bonuses for Formula 1, other than first deposit offers, are odds boosts and enhanced accumulators. The welcome bonuses at our top-rated UK betting sites will give you the most value.

In fact, such is its popularity that almost as many people bet on the British Grand Prix. Due to the relatively fledgling interest in Formula 1, oddsmakers won’t pay as much attention to F1 odds as they do for the NFL or NBA. As a result, bettors can often find dramatically different lines for the same market at different sportsbooks. Using the aforementioned circuit groups, understanding where and when these drivers are at their best can create betting opportunities.

Across sportsbooks such as DraftKings, FanDuel and BetMGM, most betting markets will look the same. Sergio Perez, Verstappen’s teammate, holds his own with +900 to win outright, while also being a favorite for the fastest lap at +1100. Carlos Sainz is another name to watch, as the Ferrari driver has odds of +1400 to win outright and a promising +500 to be the fastest qualifier. RotoWire provides millions of annual users with the latest fantasy sports, daily fantasy sports, and sports betting news, information, tools, and more.

Similarly, research where drivers have historically faltered to identify sell-high opportunities. The aforementioned Lando Norris has finished inside the points in all eight Italian races since 2019, including two straight podiums at Imola. The race takes place on Sunday after three free practice sessions (two on Friday, one on Saturday) and a Saturday qualifying session. Oddsmakers will take all odds off the board prior to each session and then repost shortly after the conclusion of the session.

It is no surprise to see Max Verstappen as the favourite, as he has won every edition of this race. The odds reflect the recent good from shown by both McLaren and Mercedes, while Ferrari have fallen behind after their strong start to the year. Back on tour, Wells also hit the final 16 stage twice last term and both events were in China, which should help his cause here as not everyone can translate their best form over the Pacific.

Prior to the 2023 season, Red Bull Racing closed as a -160 consensus favorite to win the Constructors’ Championship. Traditionally, there is a strong correlation between the Drivers’ champion and the Constructors’ champion. Only once in the last 10 years has the team of the winning driver failed to win the Constructors’ Championship. The second futures market is the winner of the Constructors’ Championship. Here, bettors are evaluating which team will finish the season with the most points. Both before the season starts and after each grand prix, bettors can place futures wagers on two different futures markets.

Historically, drivers tend to excel at the same tracks each year either because of car design or track familiarity. Given the top-heavy nature of Formula 1, it can be difficult to profit long-term on the favorites. Historically, those are the drivers on the three big teams (Mercedes, Red Bull Racing and Ferrari). Elsewhere, you might see Mercedes’ George Russell matched up against Ferrari’s Charles Leclerc. Depending on the circuit, bettors might see this matchup at a pick ‘em price (-110 odds on both sides).

Another variable you need to consider is the type of bet you want to make. As we gear up for the Chinese Grand Prix, a detailed look at the odds and betting options reveals the full spectrum of possibilities beyond betting on, for example, a simple Verstappen victory. Here are the current odds from Mostbet, which offers one of the most comprehensive arrays of Formula 1 markets among all online sportsbooks. As the calendar turns over to Friday, April 19th, 2024, Formula 1 is just hours away from roaring back to the Shanghai International Circuit for the first time since 2019. It’s gearing up to be an unpredictable race weekend, especially with the introduction of the Sprint format for the first time in 2024. As the drivers navigate the challenges of ground-effect cars and Sprint dynamics after a long hiatus, bettors are eyeing the odds and opportunities that this Grand Prix presents.

However, they haven’t had it all their own way in recent races, with McLaren’s Lando Norris winning the Miami Grand Prix and finishing second on four occasions. The key difference with Formula 1 matchup betting is the wide range of possibilities for oddsmakers. Sometimes, the matchup will pit two drivers from one team against each other.

The fastest strategy is usually a two-stop approach, with a soft-hard-hard tyre combination. Alternative strategies include a soft-hard-soft combination or a less aggressive three-stop strategy. There have been seven race winners this year — including seven-time world champion Lewis Hamilton (150 points), who has won two of the last three races for Mercedes. His teammate George Russell is also having a good year, with 116 points.

Here, bettors can wager on a driver to a) win the race or b) finish P2 or P3. However, the betting landscape for the Chinese Grand Prix isn’t just about outright wins. In addition, RotoWire provides insight into the legal sports betting space and gives expert reviews on various legal sportsbooks to redeem the best bonuses available. Weekend Format and Tyre StrategiesThe 2024 Spanish Grand Prix will follow the regular Grand Prix format, including three practice sessions, a qualifying session, and the race. Tyre management is crucial at Circuit de Barcelona-Catalunya due to high tyre degradation.

Nick Hennion is a sports betting analyst whose work has previously appeared in the New York Post and Chicago Tribune along with NBC Sports and The Action Network. He owns a bachelor’s degree in public relations from Syracuse University and a master’s degree in sports journalism from Northwestern University. By applying all of these strategies to Formula 1 markets, bettors can feel confident that they’ll finish in the black.

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