SportsBet offers Formula One which is the pinnacle of closed circuit and open-wheel racing with races at the exotic and classic tracks like Silverstone, Hockenheim, Spa Francorchamps during the course of a Formula One season. Each race, called a Grand Prix, will be offered by SportsBet with a number of PreMatch and Live InPlay markets. Formula 1 betting is mainly on points scored, winners, finishing position, laps and time. Since Formula 1 is not a team sport and the field is normally large, it means that it has some of the highest odds available for punters. The Live Inplay betting in Formula 1 is highly dynamic as it is very fast-paced and markets will be changing and becoming available in seconds as the race dynamics change.
SportsBet offers many markets in Formula 1 and punters can lay bets on Formula 1 on the SportsBet website which has a clear intuitive interface and easy access to the Formula 1 markets. Markets on offer include Winner, Fastest Lap, Finish in Top 10, Pole Position, Head to Head and more.
Can you make money from formula 1 betting?
SportsBet has a bonus of R10 free for each new sign up which a punter can use to lay Formula 1 bets. Large amounts can be won in Motorsport as the odds are very high because it’s an individual sport and the number of entrants is large per race.
How do you bet on formula 1 From South Africa?
Placing a formula 1 bet on SportsBet
- Select the desired race from the Formula 1 race calendar
- Scroll through the available markets and select the desired market
- On the market, select the desired option
- Enter the stake (amount of money to bet)
- View the potential payout and lay/confirm the bet
What is the best bet in formula 1?
Single bet type that formula 1 punters most often play when betting on formula 1
The most popular bet in Formula 1 is the Race Winner bet. This is a prediction on who will win a particular race during a racing season. It features very high odds for the underdog racers and constructors or teams. When betting during a Live race, this bet becomes very exciting as racers will usually be swapping positions during the race.
Formula 1 betting terminology
Punters have several ways of referring to markets, bet types etc when placing bets. These are some of the terms they use and their explanations.
- What does “DNF” in Formula 1 mean?
DNF or Did Not Finish means that a particular driver did not complete the race (full race length) and retired usually due to mechanical problems.
- What does “DNQ” in Formula 1 mean?
DNQ or Did Not Qualify means that a particular driver will not be eligible to take part in the main race as he/she did not meet the requirements to enter the main race. Every Formula 1 race track has a maximum number of cars that can take part in the race and the drivers have to qualify by posting time over a lap and the slowest cars which are excess to the track limit Do Not Qualify.
- What is a “Safety Car” in Formula 1?
When there is an incident that impacts safety during a Formula 1 race, a Safety Car is deployed, in effect suspending the race and the race cars follow behind the Safety Car in their race order maintaining the Safety Car’s speed which is far less than normal racing speeds. While under the Safety Car conditions, the race cars are prohibited to overtake and normal racing conditions will resume once the Safety Car has been recalled to the pit lane.
SportsBet Formula 1 Betting Guide
How do formula 1 betting payouts work on Sports Bet?
A punter with a credit balance can withdraw their winnings at any time. Once a withdrawal has been requested, SportsBet will determine if the punter is FICA (Financial Intelligence Centre Act) compliant and if so, the funds will be transferred to the punter’s bank account. It normally takes less than 3 working days for the punter to receive their funds.
What is a betting spread in formula 1?
Formula 1 spread betting is a type of wager where a punter bets on the accuracy of a prediction rather than a Win or Outright bet. In Formula 1, a punter can bet on the difference in points between two racers (hence the point spread) in a race and the payout will be determined by how accurate the points differential was the prediction.
How do you read formula 1 odds on Sports Bet?
Punters must know how to read Motorsport betting odds before making any bet. Formula 1 odds show how much can be won from a successful bet. They also show how likely an event is to happen. SportsBet displays all its odds in decimal format.
What is the most profitable online formula 1 betting strategy?
Research 3 common betting strategies for formula 1.
Formula 1 is a fast-paced sport and the Live InPlay betting is very exciting as a race progresses. The outcome of a race will depend on the weather, the track and not just a racer’s skill so when laying bets it is important for the punter to study the pre-race conditions and track statistics.
Place Betting on F1
By its nature, Formula 1 has a high rate of attrition in the cars and drivers and this results in unpredictable overall results of a race. Betting on whether a driver will Place in the Top 10 or Top 6 can open up a punter’s betting options because betting on the Winner might be affected more by external factors like weather and track conditions and this will lessen the pressure a punter will feel during the course of a race.
Grid Positions
Before a race starts, the starting positions of each racer on the grid will largely affect the outcome of a race. It is very rare for a backmarker to progress to the top during a race. Coupled with place betting, a punter can make a relatively better bet after analyzing the grid positions before each race.
Statistical Analysis
Dominant teams (drivers, constructors) will always post better points than the lesser teams, so by looking at a team’s recent form, a punter can make an informed bet. Tracks have drivers who favour the particular track, so it is worthwhile to look at the track’s records and driver results there. Race reviews in the media will also paint a picture of how each team is likely to perform and it’s morale before the race.