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A Comprehensive Guide to Online Betting on Formula 1

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As the interest in online sports betting grows, it is predicted to grow more in 2022. Formula 1 is one of the most popular sports, especially in the US betting market. The upcoming year’s F1 races and the season is the most anticipated one yet.

If you’re new to F1 betting or sports betting in general, you’ve landed on the right page. Let us guide you through different F1 bet types, the right betting strategies, and tips for betting on F1 races.

Formula 1 Bet Types

Formula 1 is pretty popular now, which means more betting markets are available now than ever before.

Outright Race Winner

This is the most straightforward bet where you’re simply betting on the driver you think would win the race. You can find the betting odds for Outright Race Winners on online gambling sites like Betway and Stake.

Place Betting

If you don’t find yourself confident enough to predict the outright winner, you can check out the betting odds for place betting. This bet allows you to predict the driver’s position when the race is over.

Head-to-Head Betting

If you’ve seen F1 races or any documentaries about them, you know it’s all about the competition. Even teammates have a rivalry going on between them. You can bet on their head-to-head races by predicting who will finish ahead of the other at the end of a race.

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Formula 1 Betting Strategy

Do Proper Research

Before betting on any sport, not just F1, always do your research. Learn everything about the drivers, the racing tracks, and the weather.

Watch Qualifiers

You can watch the qualifying races to see which drivers perform well and which struggle.

Bet Smart

To make money when betting online, you have to bet smartly. Betting on easy markets is the easiest way to win money. However, you can’t always find the greatest odds. Place an exciting bet, and you can find the best betting odds on online sportsbooks.

Formula 1 Betting Tips

  • Research the top and most popular drivers. If you don’t already know, Max Verstappen and Lewis Hamilton are the top drivers, but you can learn more about them and other drivers who usually finish top 5.
  • Research on the tracks. New tracks aren’t tried and tested by most drivers, so they might struggle.
  • Check the weather conditions to ensure the weather doesn’t affect your preferred drivers.

Bet Online on Formula 1 Races

You can find the best legal betting sites and daily bets on Betting Sites Ranking. We rank, review, and compare various sites. You can choose your pick for F1 races. Visit our website for online betting sites.

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