If you’re a fan of Formula One games, you may want to try your hand at any of the best betting sites. This guide will provide all you need to know about F1 betting.
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Formula 1 Betting Explained
Formula 1 has a total of 21 Grand Prix events, with 10 teams vying to win. In this sport, drivers must participate in three Free Practice sessions and a Qualifying session to qualify.
It’s important to note that the top three drivers to finish the race in the main event receive 25, 18, and 15 points, respectively. Also, points will be awarded to the drivers who cross the finish line afterwards.
The driver with the most points at the end of the season will be crowned Formula One World Drivers Champion. In this guide, we will show you how you can make your bet on Formula 1 events.
We will also provide some suggestions and techniques to help you make money in F1 betting.
F1 Betting Options
What if you’re able to make F1 predictions and draw conclusions that don’t have anything to do with who eventually wins the race? Most sportsbooks will give you a variety of options when making your F1 predictions.
In F1 online betting, there is a far broader selection of markets to choose from especially if you use a good sportsbook. You can bet on other markets apart from just the race’s winner.
In this section, we will go over some common wagering options in F1 betting.
A wager on a specific driver to win the race is known as a “to-win” bet. In order to win, you need to wager on the driver you think will finish the race in the best possible position. These bets can be a great deal and you can even get a big payout.
Due to a large number of competitors in F1 races, it is common for certain drivers to pay out large sums of money, but only because they have little chance of winning the race.
There have been seasons in Formula One where a small number of drivers have dominated each of the races, and it resulted in lower payout.
You may want to consider placing a wager on a podium finish in Formula One. To win one of these wagers, you select a driver you believe will finish in the top three. It makes no difference where your driver finishes in these three categories.
It’s a win-win situation if they land in the first three positions, even if they make the third finish.
In Formula One, one of the most interesting and exciting wagers to make is on the driver matchups. Some bookmakers may provide this option but it’s usually very rare.
If you’re betting at an online sportsbook, you’ll be able to choose two drivers pitting against each other. In this case, you have to decide which one of them will finish higher at the end of the race.
It doesn’t make any difference who finishes first or last among the other drivers.
F1 prop bets can be both fun and profitable. Here you’re betting on whether or not something will happen. When it comes to F1 prop bets, you will need your luck with you but also you get to have a great time.
Prop bets fall into one of several categories, and it’s up to you to decide which one it is. A competent and a non-skilled is one example of a Prop Bet in F1.
You must be familiar with the drivers and their track records in order to accurately guess how many laps they will lead.
This is a wager on which driver will start the race from the front row of the grid in Formula 1. You need to choose that driver and place a wager on who will start in the pole position.
In order to win, your driver must have the fastest time in qualifying and take the pole. It’s also a good bet if you’re looking for some action before the real race begins.
Futures bets are a common wager in Formula One. It is possible to wager on who or what team will be the season’s champion. Pre-season is the best time to place this wager, as some sportsbooks stop taking bets once the first race begins in the season.
You can, however, wager on futures bets at other bookmakers during the season. If a driver or team has a better chance of winning than another, the F1 betting odds are adjusted according to the records.
In other words, the payout odds you can receive will likely be lower than they were prior to the start of the season.
Top Formula 1 Drivers 2023
Lewis Hamilton has held 7 World Championship Titles. He is one of the top players in Formula One races. It was recently speculated that Lewis Hamilton was contemplating retirement after the 2021 Formula One World Championship due to his silence.
Hamilton, on the other hand, is expected to bounce back in the way he has in the past.
It was at the 2020 Sakhir Grand Prix in Bahrain that Russell stepped in to replace Lewis Hamilton, who had tested positive for Covid. Russell had been in the lead for the majority of the race when his car was fitted with the incorrect tyres with 20 circuits to go.
After a puncture, he finished in the ninth position after a repair. A lasting effect was created nonetheless. It is said that Lewis Hamilton will join him in the cockpit this year.
He is currently holding the world championship title and is also the country’s first-ever Formula One world champion. With 18 podiums in 21 races and 10 race wins in the last season, Max races were an impressive display of skill and perseverance. No one can dispute that Verstappen is a world-class driver.
Perez finished on the podium three times in 2021. It was one time each in Turkey, the United States, and Mexico. He helped his teammate Verstappen in the season finale and his teammate Hamilton.
Leclerc has a long way to go before we get a full picture of what he’s capable of. So far he has been quite impressive.
How To Bet On Formula 1 Online?
If you want to know how to bet on F1 races, it’s easy and we will provide useful F1 tips to help you. Here’s how to bet on F1 races:
Pick a Betting Site
You can choose a reputable sportsbook in Kenya. Most bookies in the country offer Formula 1 bettors enough markets to place their bets on the racing event.
There is a plethora of online sportsbooks. However, one of the important F1 tips to consider is choosing the best bookmaker.
You’ll need to provide your personal information while signing up for a new account on the bookie of your choice. As soon as your email account has been verified, your new account will be ready for your first bet on Formula 1.
Add A Deposit
Sportsbooks in Kenya offer a wide variety of payment options. The most common ones are credit cards, debit cards, bank transfers, e-wallets, and more. Some online sportsbooks may accept digital currencies like Bitcoin, Ethereum, Litecoin, and Dash.
Place A Bet
Make a wager on Formula One by deciding on the race, driver, bet type and the amount you can afford to lose. If you’re a new customer at your preferred sportsbook, you can use the free bonus you get for your bet.
What Is The Best F1 Betting Site In Kenya?
You can wager on Formula One at any reputable sportsbook in Kenya. Kenya has leading F1 betting sites like Betway, Helabet, and Sahara Games that offer Formula One events.
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F1 Betting Tips
If you want to win this sport, it’s important you study all the useful F1 tips before placing your bet. Here are some useful F1 betting tips to help increase your winning chances:
Bet for Value
This applies to all types of sports gambling in general, and Formula 1 betting in particular. When placing bets, you should always be on the lookout for a value bet that is more favourable.
Avoid the Most Common Mistakes
Still, on the F1 betting tips, newbies often place too many bets and risk too much. Instead of properly preparing, many people merely predict what will happen. You’ll lose money to the bookies if you make any of these mistakes.
Use Good Bankroll Management
It’s imperative that you exercise caution when it comes to managing your finances. Even the best bettors fall into this problem.
Control Your Emotions
When you bet on Formula One online, you don’t need an emotional attachment to the drivers or teams. You shouldn’t get upset if you lose a gamble that was close.
Bet on Multiple Drivers
Even if a driver is very good at racing, it’s not a guarantee that he or she will win the race.
An Accumulator bet is a safer bet that will allow you to choose multiple drivers who are likely to win. This is what experienced punters do.
Learn More About The Tracks History
If you don’t know how to bet on F1 races, you should learn more before you venture into F1 betting sites. Do your research on the history of the race tracks, and study F1 tips and strategies in this sport.
What Are F1 Betting Odds?
It’s tempting to bet big on the underdog, but in most cases, it’s not worth it. Formula 1, has a history where bettors wager based on their favourites, and they end up winning.
Top players like Lewis Hamilton and Valtteri Bottas are usually the most likely to win so it’s expected that their odds will be lower. If you want to understand how the F1 betting odds work, you can use a bet calculator.
What Are The Best F1 Betting Strategies?
A lot of different approaches and F1 betting tips can be used to win your Formula One bet. These strategies should help you make more money and better predict the outcomes of Formula One races.
Use F1 Stats
First and foremost, it’s critical to examine the sport’s data, which is heavily reliant on numbers. If you’re going to bet on a race, knowing a little bit about the drivers that are expected to win will help you make better picks.
In the days leading up to Formula One weekends, look at previews from a betting exchange and other F1 betting prediction sites. Make use of their first-hand knowledge before making any final decisions.
Take Note Of The Weather
The weather can have a major impact on the outcome of a race. Some of the sport’s most historic racing events were affected by rain. In the same way, consider whether drivers do better in wet or mixed weather. In the current crop of racers,
The grid position might have a greater impact than others. Since the Monaco track is known for its twists and turns as well as its strong winds, passing other drivers is difficult.
In fact, there is only one clear overtaking opportunity throughout the entire lap of the city.
Use Lap Times
Keeping an eye on the lap times from Free Practice 1 and 2 can help you win extra bets. This is the first opportunity for viewers to see additional car upgrades, the pace of a new circuit, and how the driver is coping with his weekend.
F1 Betting Review
Now that you know everything about F1 betting, you can safely begin to wager on this sport. Hopefully, these F1 betting tips should help you make informed decisions about your wagers.
It’s good to have all the information about Formula One races before you bet on it.
Learn the history of the drivers, the cars, and the tracks. Also, study the racing records with the help of race previews and stats. You can register with trustworthy F1 betting sites in Kenya.
Best Formula 1 Races To Bet On
Monaco Grand Prix
This tournament in Monaco was first held in Circuit de Monaco in 1929. A race like the Monaco Grand Prix transcends the sport of Formula One.
Races like this are some of the best-known in the world. Over 75 races have been staged there since 1929.
Abu Dhabi Grand Prix
Abu Dhabi is a great place for F1 fans to get a taste of what it’s like to be in a race car. The Abu Dhabi Grand Prix was first hosted in 2009 and has become an annual event. So far the venue records 58 laps
Singapore Grand Prix
For the first time in F1 history, the Singapore Grand Prix was the first to hold its tournament at night. It was first held in 1996 and since the race takes place every year.
British Grand Prix
Silverstone Circuit is where the British Grand Pix holds its F1 event. The first ever happened in 1926 and about 52 laps have been placed at this venue.
Italian Grand Prix
This event was held at the Monza International Autodrome and was introduced in 1921. A total of 53 total laps have been staged here. The Italian Grand Prix has a rich history, therefore it’s no surprise that it has a number of intriguing records.
Mexican Grand Prix
This game started at the Autódromo Hermanos Rodrguez in Mexico City in 1962. The Mexican Grand Prix was a non-championship tournament. However, the first championship later took place between the years 1963 to 1970.
Another was also held between 1986 to 1992. So far 71 laps have been held at this venue.
US Grand Prix
Formula One races were first held at the Circuit of the Americas in 1908. There have been 56 laps at this venue.
How To Bet On Formula 1 In Kenya – FAQ
Yes, you can begin placing bets on the Formula 1 races in Kenya. F1 races are accessible for wagering at any of the trusted sportsbooks. You can wager on a pre-race or live-racing event at Betway, Helabet and Sahara Games.
Charles Leclerc is one of the favourite drivers that will likely hold the F1 World Drivers’ Championship in 2023.
Lewis Hamilton is the all-time leader with 103 victories. He is the greatest F1 driver ever to have stepped onto the track.
It’s betting on the final outcome of a game but within a particular point range. If you were to place a bet on which team would win and by how many points, you’d wager on the outcome.
If you bet on the outright winner of the race, it means you’re investing your money in that driver’s ability to win the race. It is one of the easiest bets you could ever make in F1 betting.