Betting on Formula One races continues to be in its early stages; especially when compared to aggressive betting action witnessed in other major sports. While a large majority of Formula One lovers don’t even think about punting during a F1 race weekend, the ones who do continue to register handsome profits race after race.
A good number of online bookmaking companies are also pushing F1 bets by way of offering free bets to the new signups willing to punt with them. This is encouraging a new breed of punters who’re first-hand experiencing the excitement offered by F1 betting.
New horizons
Liberty Media, the brand-new owners of Formula One have clearly indicated that they would be pushing the sport into a new direction and there would be an increased amount of focus on the digital areas from now on.
They have also indicated many more improvements and options in Formula One betting. Hence, it shouldn’t come as a surprise if Formula One witnesses many changes as a sport to attract more betting activity in the future.
YouTube: Your Favourite Belgian Grand Prix – 1998 Chaos & Carnage in Spa
F1 betting strategy
Anyone planning to put together a F1 betting strategy must keep in mind that no such strategy can ever be made entirely fool proof. Regardless of the amount of research you do before placing a punt, you always have to depend on the luck element to score major wins. Hence, it becomes all the more important to never wager an amount more than what you can afford.
You must spend ample amounts of time researching a Formula One bet just as you would to in any other sport. The best place to get F1 related info is Internet. As you might come across, every driver has his own favourite track where he performs a lot better than other circuits. Hence, you should know the favourite circuits of all the drivers. The same is applicable to the opposite scenario – circuits where certain drivers always have a difficult time.
Weather is another important aspect that must be taken into consideration during F1 betting. This is all the more significant considering that overtaking has become very difficult on the tracks used at present. While some drivers are excellent in wet conditions, others face a very hard time. Furthermore, while some teams come up with amazing results under pressure (when they have to devise instant pit strategies after/during rain), others can be seen falling apart.
It’s often recommended to bet small during the early part of the F1 season, as it takes at least a few races to determine who is going to be the quickest. It is even more relevant considering that there are normally new-car designs, regulations and rules that teams/drivers must get used to.
Last but not the least, the importance of keeping constant track of your F1 bets can never be undermined. Doing so is the only way you can figure if your current betting strategy is working or not.
