Formula 1 Betting Tips
Placing bets on Formula 1 races is a lot of fun. Not only can you bet on the race winner, but you can make predictions for qualifying and the practice sessions at Novibet. If you’re still unsatisfied, you can also place long-term wagers for the entire season. This includes betting on the winner of the F1 world championship, the winning team of the constructors, and many more.
However, let’s assume this is your first time placing a bet on F1. Where should you begin? Below is a range of Formula 1 betting tips to help new players avoid costly mistakes.
- Nothing is set in Stone: Formula One has become more of a formality in recent years, with one driver a clear margin ahead of the rest. However, this advantage does not last forever, and eventually, the pendulum will swing against the current hot favourite. Even in seasons with a clear favourite, car problems or mistakes can spice up a race at a moment’s notice.
- Remember Race Pace: Across the F1 season, teams can have a quick racecar, or a fast car during qualifying and practice. Just because a team qualifies well does not guarantee a strong result. The inverse can also apply to teams that qualify poorly. They could storm their way up the field for a strong finish. Always remember that the race pace differs completely from the other sessions.
- Bet Per Season or Race? Things progress throughout the season, meaning you must follow the action to make accurate F1 predictions. However, you can secure better returns if you make a prediction that lasts all season long. Choosing a driver to secure the most retirements, win three-plus races, or beat their teammate all offer fantastic returns. These wagers also require far less research.
- Time Your Bets: You can place live bets during F1 races and during the race weekend. You can bet on a driver to make it to the third session of qualifying while they are still on track. You probably won’t secure life-changing returns, but any winning bets are good wagers in our books.
- Beware of Penalties: The stewards play an increasingly important role in Formula One. They hand out penalties for replacing certain parts on the car, entering the pit lane too fast, or even drifting over the white lines on the racetrack. Penalties are a part of the sport, but they often ruin wagers. Sometimes, you can cash out your F1 bets early to secure any winnings. It is worth doing so if the drive you bet on is under investigation.
Formula One Predictions This Weekend
Making Formula One predictions this weekend is always easier said than done. External factors like penalties and tricky track conditions always play their part. Over the past few seasons, rain has seriously altered the pecking order in qualifying and the podium in races. When you check our F1 predictions today, you also check the most recent weather reports.
Betting against the favourite is often not worthwhile in F1. Drivers like Max Verstappen and Lewis Hamilton have won races even after crashes or penalties. Instead, you can make good money by betting on the fastest lap, the third spot on the podium, or the last driver to secure a world championship point. Our racing predictions look at every outcome to ensure you end up with a rewarding and winning wager.
The Latest F1 News
While there are many breaks in the F1 season, the Formula One news never stops. There are always stories about driver moves, contract disputes, and even some questionable behaviour from drivers or team principals. Teams will chop and change all season long, which often has a significant impact on your wagers. Stay up to date with the latest F1 news at Novibet.
Our dedicated writing team has been following the sport before legends like Fernando Alonso could even reach the pedals. That means we have been there and seen it all over the years. From cheating scandals to drastic rule changes, anything can happen in Formula One.
To help you interpret some of the technical jargon, we are here to break down every complex story and report the cold, hard facts. With this information, you can visit our online sports betting site and lock in a winning prediction for next week’s race!
Popular Formula 1 Markets
Like most sports at Novibet, there is a wide range of markets available online. If you are new to gambling, making a wager can be a daunting process. To help you narrow down your options, we have highlighted the most popular Formula 1 markets.
Race Winner
Think of this market as an outright prediction of who will win the race. If you are familiar with sports betting, this market is akin to the moneyline. A moneyline wager is available on every sport and requires you to guess the winner of the event. In F1, you need to predict who will cross the line first. It is the most straightforward option but often means the lowest returns.
Constructor Race Winner
This market is another popular choice, as it is far more difficult to call than the winner of a Grand Prix. The constructor is a fancy name given to the team. Each team has two drivers, which means two chances to collect points on race day. For this wager to come true, you need to select the team where the drivers achieved the highest combined total of points. McLaren, Red Bull, Mercedes, and even Ferrari could win this wager every race.
Podium Finish
If you are new to F1, the podium is the name of the top three positions on race day. When the race concludes, the three drivers take the podium and celebrate with a bottle of bubbly. This wager pays the same amount no matter what position a driver finishes on the podium. Be it first, second, or third, you receive the same payout for this wager.
Points Finish
In any race throughout the season, you bet on any driver in the field to finish in the top ten. Completing the race in the top ten positions will give you between 25 and one point. Betting on F1 is exciting, but the final five points positions are always up for grabs. There is no way of knowing who will claim a world championship point, making this market one of the most exciting.
There you have it, the most popular Formula One wagers at Novibet. Any of these markets offer decent returns, but more importantly, they offer a fantastic entry point for anyone betting on the sport for the first time. We are stepping up our F1 coverage this season, so visit this page later in the year for more Formula One predictions, betting tips, and other exciting guides.
