The Four Most Important Things to Consider in F1 Betting
Formula 1 deserves to be on the list of the most popular sports for betting. For the most part, F1 lovers are also F1 bettors, verifying what people say about sports and betting going hand in hand. And in the case of Formula 1, this greatly manifests in the surge in bets during championships.
The fact is that bookmakers offering online betting in the Philippines and everywhere else in the world give a lot of emphasis on F1 bets, specifically because they are aware of how appealing these can be to punters and also because Formula 1 championships on their own generally attract the interest of millions and millions of fans.
There are so many different Grand Prix every year, and there are so many different events in F1 that betting on this sport gets really fascinating. But just as entertaining and exciting as it is, F1 betting is also challenging and risky, especially for recreational punters or for the less experienced bettors.
To help you deal effectively with these challenges or risks, we have created a list of the best tips and strategies in F1 betting.
Don’t Just Limit your Betting Options to the Outright Driver Winner of a Race
It’s not just the driver that you can bet on, but the constructor as well, and this might too often be the smarter thing to do when we are talking about F1 betting. Placing wagers on the constructor championship can prove potentially more profitable because teams don’t just rely on one driver, but they have two ways to go about holding the trophy.
Also, there are many more bets you can select to expand your opportunities for having a winning bet.
Give Underdogs a Chance
If you are an F1 fan, you are probably getting enthused by your favorite driver or favorite team being also the favorite to win a Grand Prix. But the truth is that favorites are not always the winners, and we have witnessed too many times things turning around. F1 favorites have a high win rate, but they also have lower payouts, so give underdogs a chance, especially when there are signs of good performance.
The payout will be considerably bigger if you find a value bet on an underdog that will lead to an upset.
Examine the Circuit and the Characteristics of the Track Before Betting
If you are an F1 lover, you surely know that there are some tracks that suit better to some drivers, while there are also other tracks that are challenging and pose obstacles to the same drivers. In fact, drivers tend to be good at certain circuits, depending on how well they perform in a number of features, including the surface, the turns, or any other characteristic that influences how drivers behave on a track.
Indeed there are some F1 drivers who seem to be far more effective in specific tracks, and so they have an advantage over their rivals, but in other cases, you should always consider the circuit by going over past records.
Check on the Weather
The role of the weather conditions in F1 is very important, especially if punters decide to go for live betting on a race. Given that the weather can change during the course of a race, it is very useful to take into consideration how the weather can affect results.
If it starts to rain in the middle of the race, then you should opt for drivers who are more accustomed to rainy conditions, or you should pick a bet that reflects any possible changing strategy. In the Monaco Grand Prix last year, the weather ‘forced’ Ferrari to change its plan, and Perez eventually won the race, despite not having a good performance in qualifying.