Three F1 Betting Markets That Could Improve Your Win-rate

January 17, 2023

  • Betting In Formula One

This Formula 1 article explains the unique betting markets available to online gamblers and the free bets available to new players.

Formula 1 ranks amongst the most popular motorsports with online gamblers. Betting on the F1 is nothing new, with wagers placed on the outcome of the Grand Prix from the day the sport was born. But as F1 has evolved, with new technologies and machinery, so has the sports betting industry. Now dozens of F1 markets are available to bet on before each race on the calendar, or you can look ahead and predict the driver and constructor champions.

Have you ever placed a bet on F1? If not, we advise giving it a go. The excitement of a live wager and financial interest in the outcome of a Grand Prix can brighten up even the dullest race. You are now involved in the results, and if things go your way, you could have two reasons to cheer. One as your favorite driver passes the chequered flag as the winner of the Grand Prix. The other is to celebrate the profits added to your betting balance after forecasting the result.

This article explains how you can get the most from your F1 betting. We look at the best of the more unique gambling markets and how to ensure you are getting the most generous odds each time you bet. And we want to arm our readers with a free bet to help get you started. Keep reading as we bring you up to speed on everything worth knowing about betting on Formula 1.

Best markets

In this section, we look at F1 betting. The most popular market for online gamblers is the race winner betting, but other options are available. Some may increase your chances of landing a winner and turning a profit from your F1 wagers.

Podium Finish is a great bet, especially if you like the chances of an outsider and wish to take on the betting favorite. You aren’t restricted to choosing the race winner with this bet. All you need to do is select a driver who will finish in the top three. If they end the Grand Prix on the podium, your bet will be settled as a winner. You don’t recieve a bigger profit for a better result with second or third playing the same as first place. Please keep that in mind.

Fastest Lap is a bet that keeps you involved throughout the race. The quickest lap market is always alive from the first circuit to the last. This is a value-for-money bet, and with many Grand Prixs starting fast and finishing with a flurry, there’s always excitement. Your driver could score the fastest lap on their final opportunity.

Points Finish is a market used by more restrained bettors and those wishing to make a quick or easy profit from a Grand Prix. The best finishing drivers recieve points for where they finish, and that’s what you’re looking for. Depending on the race, this can also be known as a top-10 finish. It’s a great way to target a small profit while you enjoy the Grand Prix on TV or your smartphone.

Generous odds

Regardless of your bet on the next F1 Grand Prix, you want it to be at generous odds. The biggest bookies offer many of the same markets, and their odds are similar. But those margins can make a big difference to your profit/loss column at the end of the season. It pays to shop around and get the best deal possible on every bet.

When you have decided on the driver you wish to back and the market you’re most interested in; it’s time to sort the price. Visit any respected betting odds comparison app and find your selection. You’ll see a list of the odds offered by every reputable bookie on your pick, with the biggest offer in bold. The site offering the best odds is the one you should be betting with each time.

Free bet

Major sports betting apps offer new customers a welcome bonus free bet when they create an account, deposit, and place a bet. The free bet tokens can then be used to wager on the F1 markets of your choice, and the winnings are paid directly into your betting account.