Formula 1<\/a> is an annual event packed with full-throttle action and suspense. From the innovative car designs to the drivers that handle them with extraordinary resilience and control. It might feature its nail-biting moments at points, but when you watch your pick cross the finish line along with that bet you placed, there\u2019s no other feeling quite like it. If you want to prepare yourself for the F1 season, check out this list of the most popular Formula 1 betting options you can choose to ramp up the excitement and winning potential.<\/p>\n\n\n\nBelow are some of the most common betting markets you\u2019re likely to come across in F1 racing and other sports. Note that each bet will come attached to different odds based on your wager and the statistics of the drivers\/teams, etc. <\/p>\n\n\n\n
Driver Matchups<\/h3>\n\n\n\n
Driver matchups are one of the easiest bets you can place in motorsports. You simply select two drivers and bet which one will win the race. It doesn’t matter who else finished in the game or whether one driver you\u2019ve picked actually finishes or not. As long as the one you\u2019ve selected finished above the other, you win!\u00a0<\/p>\n\n\n\n
Future Bets<\/h3>\n\n\n\n
These bets exist in most sport betting markets and entail placing a bet in advance of the race season. Gamblers are able to place wagers on which team or driver they think will be crowned the champion at the end. You can also bet on who you think will take first place for the Drivers Championship and Constructors Championship.\u00a0\u00a0<\/p>\n\n\n\n
First Lap Driver<\/h3>\n\n\n\n
This is a simple and easy bet placed on which driver you think will be in the lead after the first lap.\u00a0<\/p>\n\n\n\n
H2H<\/h3>\n\n\n\n
A driver vs driver bet where you try to predict who out of the two will be more ahead in the races, as well as the end of season standings.\u00a0<\/p>\n\n\n\n
H3H<\/h3>\n\n\n\n
Same as above only with three drivers in your betting selection.<\/p>\n\n\n\n
Podium Finish<\/h3>\n\n\n\n
This is also similar to above, but works more like a 3-way forecast that you would expect to see in dog or horse racing. You select three drivers to finish on the podium in 1st, 2nd and 3rd place. It doesn\u2019t matter what order they come in. As long as all three of your selections are there, you win the bet.\u00a0<\/p>\n\n\n\n
Pole Position<\/h3>\n\n\n\n
This is a popular bet where you predict which driver will achieve the pole position during the first qualifying rounds of the Grand Prix.\u00a0<\/p>\n\n\n\n
Prop Bets<\/h3>\n\n\n\n
Propositions are bets which you place on the less conventional outcomes of the race. This could be anything from the top 6 drivers to finish, the first driver to retire from the race, or which driver will be pulled up for speeding in the pit lane.\u00a0<\/p>\n\n\n\n
There are roughly 19 weekends of racing hosted across the F1 season between March and November and 22 F1 Grand Prix. These events take place all over Europe and as far as Australia and Japan. When it comes to defining a good betting strategy to coincide with your predictions, there are a few things you\u2019ll want to take into account. So long as your state allows you to gamble online and place bets through sports, you can apply these following tips to help maximize your chances when betting on any F1 race. <\/p>\n\n\n\n
Understand the Odds<\/h2>\n\n\n\n
The trick to giving yourself the best opportunity of winning your bets is to ensure you thoroughly research the odds of each event, driver or scenario you plan to wager on. Statistically, betting on a driver to win a specific race has the most favorable odds. That’s because you\u2019re only counting on one selection to be the victor. The odds aren\u2019t as difficult to establish with bets like head-to-heads, lap times or placing a futures bet on an entire season. You should also look at what your expected payout will be should you win your bet against such odds.\u00a0<\/p>\n\n\n\n