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.
F1 Dutch Grand Prix 2024 betting tips, best odds & predictions
Some F1 bets allow you to make general predictions, others require you to be more specific. To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our partners. Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities.
How To Bet On Formula 1 Racing
Across the last five races, no one has scored more points than Mercedes veteran Lewis Hamilton. Since the team received mid-season upgrades, the Englishman has been on the podium in four out of five races. He has been on the podium here before and offers good value to do it again at $2.10 with top sports betting sites. Sky Bet has come up on the outside to sneak a third-place finish in our F1 betting stakes thanks to its bonus offers.
How to place a bet on the British Grand Prix
Whereas other sporting events take place over a few hours, F1 races span a few days. This is a bet on which driver will accumulate the most points over the course of the season. 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. In Formula 1, drivers receive staggered point totals for finishing P10 or better. Within this market, bettors can wager on a driver to finish in any of those 10 spots.
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- They assign a percentage to that probability, and this gets converted into betting odds.
- This track is notoriously difficult to overtake on, and the Dutchman has secured pole position all three times he has raced here.
- The Circuit de Barcelona-Catalunya is a favoured destination for Formula 1 drivers, who often spend significant time here during winter testing.
- However, we’ll outline four strategies below to help create winning bets.
- 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.
However, there are some specifics you need to know before you check out what the top F1 betting sites have to offer. Qualifying laps take place on October 20, before two sprint races go down on October 21. This F1 bet gives you two opportunities to win because you’re covering two drivers. Therefore, you might want to consider mostbet’s “both cars to podium” bet which has McLaren and Red Bull at 2/1, with Mercedes just behind at 10/1. There’s always another race right around the corner with another set of betting markets. Familiarize yourself with venues where drivers perform above average and you can place winning bets.
The best-rated Formula 1 bookmakers
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.
Preston v Luton preview, odds and betting tips
RotoWire provides real-time player news and notes across dozens of sports, as well. The Spanish Grand Prix marks the eighth round of the 2024 F1 calendar, an eventful season with 24 races. As the season progresses, much can change, making every race crucial for the championship standings.
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.
- These F1 betting bonuses improve the odds which, given how much of a favourite Verstappen is to win the US Grand Prix, should be useful this weekend.
- Yet, the track is known for its overtaking opportunities and surprises, suggesting that while the odds favor certain outcomes, the actual race could tell a different story.
- Formula 1 is ready to race at Circuit de Barcelona-Catalunya next weekend, marking the eighth round of the 2024 F1 calendar.
- The Sprint event on Saturday adds another layer of excitement, with limited practice time upping the stakes.
- 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.
Historical Significance and Track Details
Engineers have upgraded and modified Monza many times over the last 80+ years. Today, it’s a tough test for all drivers while simultaneously being a spectacle for fans due to its woodland backdrop. The British Grand Prix has been a hit with drivers and racing fans ever since it was first held in 1926. Today, more than 3.4 million people in the UK alone watch the world’s best race around Silverstone in search of F1 glory.
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.
Winning team odds
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.
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.
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 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.
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.
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.
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.
The US race hasn’t always been a firm fixture on the Formula 1 calendar, but its lineage stretches back to 1908. Different tracks have hosted the US GP over the years but, as it was in 2023, the upcoming race will take place at Circuit of the Americas in Austin, Texas. In 2022, Mercedes introduced car updates prior to the United States Grand Prix in Austin. Top driver Lewis Hamilton reeled off three straight podium finishes after the update while teammate George Russell posted four straight finishes of P5 or better, including a win. Some drivers, such as Red Bull’s Sergio Perez and Alpine’s Esteban Ocon, excel on street circuits.
- Historically, the Shanghai International Circuit has favored Mercedes, with Lewis Hamilton winning the 2019 edition.
- 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.
- The starting grid for the British Grand Prix will almost certainly consist of the world’s top ten drivers.
- Sky Bet Club is a great way to get extra credits, odds boosts and cash back on losing wagers.
- For example, McLaren’s Lando Norris could be on the podium one week and finish outside the points the next.
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.
Luckily, here at Bookies.com, we’ve got everything you’ll need to do place bets on your favourite betting apps before the big race. We’ve put Spreadex on our podium because it offers something other bookmakers don’t. For those not in the know, spread bets are markets where a team/individual starts with an advantage or disadvantage. Your job is to say whether they’ll win despite their advantage/disadvantage. Spreadex offers these bets for a variety of sports, which is why it’s worth a look ahead of the British GP. Therefore, if one of our recommended Formula 1 sportsbooks is offering 2/1 odds, that’s a good deal.
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 jaz2016 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.
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.
Yet, the track is known for its overtaking opportunities and surprises, suggesting that while the odds favor certain outcomes, the actual race could tell a different story. The Sprint event on Saturday adds another layer of excitement, with limited practice time upping the stakes. These odds encapsulate the array of betting opportunities available, from favoring the frontrunners to betting on a combination of outcomes that could significantly multiply the stakes. With such diverse options, bettors can strategize their picks to align with both their insights and their appetite for risk. Mercedes started the 2024 season uncompetitive but have gradually improved.
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.
Performance information may have changed since the time of publication. However, McLaren introduced the first phase of their upgrade package prior to the Austrian Grand Prix. In golf, this market pits one player against another with the bettor deciding who finishes higher on the leaderboard. Given the top-heavy nature of Formula 1, most sharp bettors will stay away from this market.
