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How to Bet on Formula 1 , Tips and Odds

Date:2022-11-30 Category: Sportsbooks
Bet on Formula 1

Formula 1 betting predictions can be helpful for those looking to bet on the ongoing Formula 1 United States Grand Prix. Predictions highlight a racer’s chances of winning a match or tournament, allowing bettors to know what candidate is worth betting on for the winning position. Of course, F1 betting odds are not based solely on the winners of a race or tournament, as we discuss in this article. Thus, this piece offers f1 betting predictions and informs you about different betting markets that you can consider. 

 

Learn More About Formula 1 

Formula 1 is the premier international road-racing event with single-seater open-wheel cars. The Fédération Internationale de l’Automobile (FIA) sanctions this event, and it has done so since 1950. 

If you’re familiar with races like Le Mans, then you should note that this form of auto racing is much shorter. While Le Mans may be a 24-hour race, an F1 race does not last more than 2 hours. This duration only increases if there is a race suspension. 

F1 races also are circuit races only, i.e., drivers must complete laps around a closed, looped track. The drivers must complete a total of 190 miles (305 kilometers)) in total by the end of the race, so the number of laps is based on the distance. Thus, there may be 53 laps or 72 laps, depending on the track. 

A maximum of 12 teams compete in one season, with two drivers and cars per team. A season is a championship (tournament) that includes multiple races. 

 

Formula 1 Betting Predictions for the United States Grand Prix

Below are sections of Formula 1 betting predictions for the winners of different categories for the United States Grand Prix. 

Winner of the Season (Driver)

Positions 1 and 2 

  • Max Verstappen 
  • Lewis Hamilton

Positions 3 and 4

  • Carlos Sainz
  • Sergio Perez 

Positions 5 and 6 

  • Charles Leclerc 
  • George Russell

Positions 7 and 8 

  • Lando Norris
  • Fernando Alonso

Positions 9 and 10

  • Daniel Ricciardo
  • Esteban Ocon

Positions 11 and 12

  • Sebastian Vettel
  • Pierre Gasly

Positions 13 and 14

  • Valtteri Bottas
  • Lance Stroll

Positions 15 and 16 

  • Yuki Tsunoda
  • Guanyu Zhou

Positions 17 and 18 

  • Mick Schumacher
  • Nicholas Latifi

Positions 19 and 20

  • Alex Albon
  • Kevin Magnussen

 

Team Winner of the Season

The favorite for the winning team is Red Bull, which is the one that is sponsoring Max Verstappen. That said, Mercedes also has a chance of winning the season, which is the team sponsoring Lewis Hamilton. 

 

Podium Finishes of the Season (Driver)

These include the top three positions for the drivers of the entire season. 

  1. Max Verstappen 
  2. Lewis Hamilton
  3. Carlos Sainz

Podium Finishes of the Season (Teams)

  1. Red Bull
  2. Mercedes
  3. Ferrari 

 

Fastest Lap in the Season

Max Verstappen is the favorite, but Charles Leclerc is a close second. 

Please note that the aforementioned F1 championship predictions are not definite answers to what will occur this season. Instead, these possibilities give you an idea of how to make your bets throughout this season. 

 

How to Bet on F1

You can make your bets on various online sportsbooks (betting websites) that are available and legal in your region. Some F1 betting websites you can consider are listed below. These websites are known for their reliability, good customer service (in case you face any issues), and promotions for new bettors. 

  • William Hill Sportsbook 
  • BetMGM
  • Betway 

 

Common F1 Betting Markets 

Online sportsbooks like the ones mentioned above have various betting markets, giving bettors the opportunity to make different types of wagers. Here are some common betting markets in F1.

  • Outright race winner (driver), specific to one race
  • Outright race winner (team), specific to one race
  • Podium finish for a race, i.e., the top 3 positions for the driver
  • Podium finish for a race, i.e., the top 3 positions for the teams
  • The top 6 drivers for a race
  • The fastest lap in the race
  • The winning margin in a race, i.e., the difference in seconds between the 1st and 2nd positions of the drivers
  • Prop bets for a race; for example, the number of accolades a specific driver may win
  • Outright season winner (driver) 
  • Outright season winner (team)  
  • Podium finishes for the season, i.e., the top 3 positions for the driver
  • Podium finishes for the season, i.e., the top 3 positions for the teams
  • The top 6 drivers for the season 

 

F1 Betting Tips

  • Make sure to use predictions wisely to make informed decisions on your bets. For example, if you want to make safe bets on the podium finishers, the predictions above can help. 
  • Avoid making risky bets when you’re new to betting on sports. For example, betting on the team winner for the entire season is riskier than doing so for one race.
  • Educate yourself on the sport, so you know how to bet on this sport, especially if you want to try prop bets. 
  • Place small amounts of money when you’re new to betting to avoid potentially losing a lot of money. 

 

Questions and Answers about F1 and Betting on the Sport 

Below are answers to some common questions you may have about f1 and betting on the sport.

What is the F1 World Drivers’ Championship?

It is the entire year’s world championship, in which drivers from around the world participate in Grand Prix races worldwide. The 2022 championship began on March 20 in Bahrain and will end on November 20 in Abu Dhabi. 

 

Who is favored to win F1 2022?

Max Verstappen is the favorite for the winner of the United States Grand Prix, taking place in October 2022. 

 

Who is the 2022 F1 World Constructors’ Championship favorite?

The favorite to win the 2022 F1 World Constructors’ Championship (for the US Grand Prix) is Red Bull, as they are sponsoring Max Verstappen. 

 

Do F1 standings help with deciding who to bet on? 

Yes, they do because they show you which drivers are doing well the entire year. At the time this article was published, the top 5 drivers are as follows. 

  1. Max Verstappen
  2. Sergio Perez
  3. Charles Leclerc
  4. George Russell
  5. Carlos Sainz

 

Can I make my own F1 predictions?

Of course, you can also make your own predictions if you believe you are an expert on this sport. Our predictions above can serve as an F1 prediction maker for you to design the layout. 

 

What are F1 World Constructors’ Championship Odds?

The F1 World Constructors’ Championship odds are those that have to do with the world championship winner for a given year.

 

Final Words

Formula 1 betting predictions are never written in stone, but they offer an essential guide on how to proceed with your betting decisions. Make it a point to read as much as you can about a sport if you’re new to it to equip you with the necessary knowledge to bet on it. 

 

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