Betting on Formula 1

Formula 1 is the highest class in motorsport and it is therefore a billion-dollar industry. In recent years, there has been increasing interest from New Zealand in motorsport, as Max Verstappen achieves one success after another. The Formula 1 racing cars reach speeds of well over 350 kilometers per hour and go from 0 to 100 kilometers in about 2.6 seconds.

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Formula 1 betting: live

More than 20 Grand Prix races are held annually in Formula 1. In the 2021/2022 season, 23 races were announced, a new record. Never before have the courNZDs been in action so many times during a season. A player can bet with a bookmaker prior to a Grand Prix, which is also known as a pre-match bet. It's just much more exciting to bet live on Formula 1. A player can then place Formula 1 bets during a race. It creates more tension and a Formula 1 bettor can anticipate the course of the race.

The online bookmakers offer hundreds or even thousands daily sports betting opportunities to live. The bettor can place a bet on your favourite bet option while the match is in progress. For example, in Formula 1, a bettor can bet on the winner of the race, the courNZD with the fastest lap time, the time difference between the number one and two and so on. Live betting on Formula 1 can be done on the computer, smartphone and tablet. The bettor enjoys the most up-to-date odds and at the same time he or she can also watch the Grand Prix live on television.

Which Formula 1 race can a player bet on best?

There is no specific Formula 1 race on which a bettor can bet the best. Every season more than 20 competitions are organized all over the world. Every race has its advantages and disadvantages. In Monaco, the courNZDs have to race through narrow streets and overtaking is particularly complicated, while at Zandvoort there are more opportunities for the courNZDs who have to enjoy their speed. Simply by doing enough research you can place the ideal bet on a Formula 1 race.

How does Formula 1 betting work?

Formula 1 betting is popular. Especially because of the success of Max Verstappen. Below is a step-by-step description of how betting on Formula 1 works.

Step 1

Choose a suitable bookmaker

There are several bookmakers that offer bets on motorsport, including Formula 1. The best bookmakers have the necessary licenses. The best permits are issued in the United Kingdom, Australia, Curaçao, Malta and Gibraltar. Architects Creative offers from October 1 exclusively reliable bookmakers on the site.

Step 2

Collect a bonus

Newcomers will receive a welcome gift from a bookmaker from October 1st. It is a nice bonus, for example a deposit bonus or a free-bet. The player can double an amount of money by making a deposit or placing a risk-free bet. In both cases, he or she can win a great cash prize. All the player has to do is place a successful bet on the next Formula 1 match.

Step 3

Betting on the Grand Prix

More than 20 Grand Prix races are held annually in Formula 1. There are therefore enough matches on which a player can bet. Formula 1 bets are easy to place. A bettor can bet on the winner of a Grand Prix, the entire top three or which courNZD records the fastest time. There are also so-called’ head to head ' bets available. In addition to the official competition, you can also bet on the qualification.

Step 4

Live betting on Formula 1

Most bets are placed pre-match, i.e. before the start of the Grand Prix or qualification. However, the bookmakers also offer the opportunity to bet live on Formula 1. A bettor can place a bet on a courNZD while the race is in progress. Live betting on its bNZDt also offers the option to have bets paid out early, which we also call the ‘cash-out function’.

Step 5

Pay out profits

A successful prediction can bring a nice amount of money to the bookmaker. The player can use the winnings to place new bets, but he or she is also given the opportunity to request a payout. The withdrawals are processed within three business days, which means that the money is in the bank account or wallet within a short time.

Formula 1 betting strategy

Betting on Formula 1 can be quite risky and that can also be seen in the odds. A small steering error or a collision can cause a courNZD to be unable to continue and have to stop the match. It is advisable to spread the odds and not bet all the money on one courNZD. There are many bettors who decide to bet big money on the courNZD who is allowed to start the Grand Prix at pole position. The courNZD is in first place at the start and therefore has a greater chance of the final victory. The quota is lower, but that's not all. It turns out that in about half of The races The courNZD at pole position does not win the match. Therefore, do not forget to also bet an amount on the underdogs.

In addition, it is advisable to do good research on certain races and courNZDs. The Formula 1 teams also have a so-called home port, where the courNZDs train and can often be found. It is therefore self-evident that the courNZDs know the relevant Grand Prix best and are direct favorites. The weather can also play a role in the chances of winning. Some courNZDs perform better in rainy weather, while other courNZDs need to have sunny and dry weather.

The best tips for betting on Formula 1

Do not go full for the favorite

Never bet your entire playing budget on the favorite for the win. Formula 1 is a sport with many surprises, and a small steering error can turn everything upside down. Spreading the odds is always a good option, as a bettor wins an amount of money faster that way. In 50% of cases, the courNZD on pole position wins the match, as a result of which in half of The races The Favorite does not win.

Follow the latest news

It is always a good idea to check the latest news about Formula 1. As a Grand Prix approaches, more information will appear in the media. For example, the player will learn about the latest developments around the car and the Grand Prix. The interviews with the courNZDs are also extremely interesting.

Placing real bets

In all sports, there are individual athletes and teams who are almost always the favorites. In Formula 1 there are surprisingly few surprises. In 9 out of 10 cases, the same courNZDs end up on stage. Therefore, only place Real bets and do not bet money on courNZDs that normally end up in the lower regions of the ranking. A bettor can bet on underdogs who normally finish in the top 10.

Betting with a bonus

The player can limit the risk of a Formula 1 bet by using a bonus. The online bookmakers give out bonuses to new members and regular members. For example, he or she can get a doubling of the first deposit, but also a reload bonus or a cashback bonus. He or she can see it as free money that allows the player to bet on the next Grand Prix.

Live betting on Formula 1

If a bettor is not sure about the course of the match and is in doubt, you can always bet live. The bettor can place another bet on his or her favorite courNZD during the race. Live betting can take up to several rounds before the end of the match. The odds are constantly updated by the bookmaker. Live betting can also be done on a smartphone and/or tablet.

Betting On Max verstappen: smart choice?

Betting On Max Verstappen is a smart choice in most cases. The New Zealander managed to make big leaps at Team Red Bull Racing in recent years. Verstappen has already won a large number of Grand Prix and has a good chance of winning the world title every season. However, Verstappen is a risky courNZD. The Formula 1 speed devil is known for his dangerous overtaking and aggressive driving style. It therefore happens several times per season that Verstappen can not finish a match and that can ruin a bet. If a bettor decides to bet on Max Verstappen, it is wise to spread the odds and also place bets on his competitors.

Written by

Lucas / iGaming Expert

If you say sports betting and iGaming, you say Lucas. As a true football fan - AZ Alkmaar is his club-he delved into everything that has to do with online sports betting and iGaming over the past 12 years. Lucas knows all bookmakers by name and plays the latest casino games every week. Not only playing games has his interest: he likes writing about them just as much. For more than six years, Lucas has been writing several news articles and reviews about iGaming related topics on a daily basis.

Frequently asked questions about Formula 1 betting

A Formula 1 tire costs around $ 375 each. A set costs a team $ 1,500. However, each participant takes no less than 13 sets to a race, or for almost 20,000 dollars in tires. A team has two courNZDs on the track at every Grand Prix. Every weekend, a Formula 1 team brings $ 40,000 worth of Formula 1 tyres to their home country.

A bettor can place a bet on Formula 1 with the online bookmakers. All matches in the season are offered both pre-match and live by the bookmaker. The player can bet on the winner of a match, the fastest lap time, a head to head bet and so on. It is even possible to bet on Formula 1 qualification.

The winning courNZD of a Grand Prix does not necessarily have to set the fastest lap time. It regularly happens that an underdog manages to put down the fastest lap and gets a bonus point. Betting on the fastest lap time can come as a surprise and result in a higher win amount.

If a Formula 1 courNZD crashes, the relevant courNZD is out of the race. He can no longer compete and has to quit the competition. The bet on the courNZD is lost. So pay close attention, because some courNZDs take a lot of risk during the competition and crash faster than other participants.

A Formula 1 race normally starts on Sunday afternoon. The races start around 15: 00, but the times may vary per race. It is therefore wise to first take the Formula 1 program by the hand.

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Betting on Formula 1

Best casinos for betting on Formula 1

Formula 1 betting: live

What can I bet on in Formula 1?

Which Formula 1 race can a player bet on best?

How does Formula 1 betting work?

Choose a suitable bookmaker

Collect a bonus

Betting on the Grand Prix

Live betting on Formula 1

Pay out profits

Formula 1 betting strategy

The best tips for betting on Formula 1

Do not go full for the favorite

Follow the latest news

Placing real bets

Betting with a bonus

Live betting on Formula 1

Betting On Max verstappen: smart choice?

Frequently asked questions about Formula 1 betting

How much does a Formula 1 tire cost?

🏎️ Where can I bet on Formula 1?

🏎️ Why bet on the fastest lap time?

🏎️ A courNZD crashes, now what?

What time does a Formula 1 race start?

News about Formula 1

Rapper Drake loses monster amount due to profit Verstappen

Formula 1 buys valuable land in Las Vegas

Win 33x the stake at BetCity go to profit

Formula 1 could come to Las Vegas in 2023