How To Bet On Formula 1 Racing

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.

Formula 1 British Grand Prix Free Bets and Betting Offers

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.

Odds and Parlays for the 2024 Chinese Grand Prix

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.

  • By holding off, you’ll be able to add positions throughout the weekend and get more favorable pricing closer to the start time.
  • There’s always another race right around the corner with another set of betting markets.
  • Historically, drivers tend to excel at the same tracks each year either because of car design or track familiarity.
  • In golf, this market pits one player against another with the bettor deciding who finishes higher on the leaderboard.

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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.

Can you bet live on the British Grand Prix?

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 bukmekerlik 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.

A Coser look at Chinese Grand Prix Odds

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.

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.

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.

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).

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.

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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.

  • Whereas years ago bettors only had the option of wagering on outright winners, they now have more ways to bet on each grand prix.
  • Michael Schumacher and Lewis Hamilton, two of the sport’s greatest drivers, each hold six victories at this circuit.
  • With such diverse options, bettors can strategize their picks to align with both their insights and their appetite for risk.
  • The track’s mix of low and high-speed corners makes it an excellent venue for testing racing setups.

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.

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.

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.

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.

  • One book might price Alpine’s Pierre Gasly to finish in the points at -140 while another may offer -125.
  • 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.
  • On other occasions, however, bettors will see more equal pairings across teams.

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.

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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