Comprehensive Guide to F1 Betting
Sports Betting Sites is an international guide to internet sports betting which makes F1 betting a great fit for our website. Unlike football (soccer) where different parts of the world follow different leagues and competitions, Formula 1 is truly international. The F1 calendar consists of 21 races each held in different locations. There are circuits in the Australia, Austria, Azerbaijan, Bahrain, Belgium, Brazil, Canada, China, France, Germany, Hungary, Italy, Japan, Mexico, Monaco, Russia, Singapore, Spain, UAE, United Kingdom and United States. Each race has the same teams and drivers vying for a true world championship.
As you navigate this section of our website you’ll come across dozens of pages with helpful betting tips. When it comes to betting the sport, pretty much every US sportsbook, UK bookmaker, European betting site and Asian bookie offers F1 betting. Our favourite website for betting Formula 1 is mentioned below.
Where to Bet F1 Online
www.188bet.com is our go-to site when betting F1 just before a race begins. They offer the lowest margins. Thus on average, they have by far the best odds. When shopping odds early, several days before a race, it becomes more important to compare odds at several bookies. For this refer to our article on F1 betting sites.
F1 Betting Strategy
As in any sport, there are punters looking to casually bet on their favourite team (or driver), and those who are focused on making consistent profits. Of course this is the same in Formula 1. While casual punters might not be interested in all the details, those of us that take it seriously need every advantage we can get. As someone who looks to profit from F1 betting, I’ve found it very difficult to find certain types of information that is important for picking consistent winners. Anyone can say “driver X is hot right now”, or “constructor Y has the fastest cars”, but that’s only a piece of the information we need for making smart wagers.
To educate myself further, I’ve been compiling various information that is either difficult or impossible to find anywhere else. Now if you’re brand new to F1 betting and just want to learn F1 bet types, and find risk free bets, those two links will get you started. For anyone looking for information more advanced continue reading.
Formula 1 Stats & Betting Strategies
Most sports have a lot of numbers that can be dissected, helping punters make informed decisions. In F1 auto racing however, we have fewer reliable numbers that we can study. The FIA implements significant rules changes almost every season. Drivers change teams. Cars get mechanical and aerodynamic changes. Circuits get tweaked or replaced by other circuits. Tyres get new compounds, or different types of tyres have to be used. Even the weather can have a major impact on race results – much more than the average fan realizes. We’ll keep you abreast on all the changes, and how these changes should affect our F1 betting strategies.
Because of all the changes that can greatly impact a driver or constructor during or between seasons, we can only use stats that have been gathered over a short period of time. Also, there are only a small number of races each season. Both of those things cause the same dilemma – we’re using very small sample sizes. Certain stats can’t be used at all, but in other cases we have to use them because although the sample size is small, there are legitimate reasons for what the stats are telling us.
Before we can throw out and consider a stat irrelevant, we have to look closer and see if there is a reason why the stats are telling us what they do. For example, a math guy will tell you that using numbers generated from 9 races is too small of a sample size to be worth considering. While that may turn out to be correct, this isn’t always the case. First, we have to see if there is a legitimate reason that the numbers are what they are. If we find that X happened 7 of the last 9 times that Y happened, we have to see if there is a reason for that. We cannot just throw it out without considering why. In F1, you can usually find a legitimate reason for short-term anomalies.
It’s like saying that a driver who has won 5 of the last 7 races shouldn’t be considered a favourite simply because 7 races is too small of a sample size. In F1, drivers don’t win bunches of races without having everything dialed-in. Anyone who knows anything about racing knows this driver has to be considered a favourite.
Until a few races have been completed, we don’t know how these changes will affect each driver. This creates some different betting opportunities and strategies from the start of the season versus later in the season. We’ll show you the best betting strategies for early in the season, and how to adjust these strategies as the season moves along. To see the complete calendar of races, please visit the schedule linked on the side bar menu.
Finding Other Ways to Predict Winners
To consistently predict winners, we have no choice but to look at other aspects of a race. On this site, we show you which tracks are the fastest, which are the slowest, which ones require the most skill, which ones require the most speed. We show you the lowest starting positions you should be betting on for each circuit, and even when you shouldn’t be betting at all. If you’d like to get some tips for making smart bets on outright winners, please visit our F1 Race Winners page.
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