Betting on motor racing is simple. When it comes to the actual betting process, it's pretty much the same as betting on any other sport. You look for the best odds, place your bet and wait for the outcome. However, finding those odds and then determining whether or not they represent good value can be difficult, mainly because motorsport is not as widely covered as some other betting opportunities. However, we can help you with that too.
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How Does Motorsport Betting Work?
Almost every month there are major international motorsport events that attract attention. These are not only competitions, but also opportunities to place bets on the outcome. With this almost year-round availability, you may be thinking about investing in motor sports betting as a way to get a return on your investment capital. But be careful. Just because you can bet almost anytime and anywhere doesn't mean you should, especially if you don't have a clear idea of your betting strategy. Here are some basic do's and don'ts to consider before putting your money on the line.
- Motorsports Bookmaker - when signing up to bet on motorsports online, you should choose a site that offers you a diverse list of competitions along with a big bonus.
- Deposit method - you should only consider sportsbooks that offer bank deposits that are fast, safe and secure. Fund your account with enough money to take advantage of the bonus offer.
- Pick a race - there are several motorsports betting opportunities in a calendar year. Pick the one with the most competitive odds and the best chance of winning.
- Pick an overwhelming favorite: Choose the driver who has shown great potential to win, is on pole position and is in good form.
- Set the stake: Place a bet based on your confidence in the driver and the potential payout. If the bet is worth it, confirm the bet and watch the race.
Motorsports Betting Odds
With an understanding of the process of online motor racing betting, we will now delve into the details of what makes for good motor racing odds. On the day of a race, there will be a plethora of opportunities to place bets, but only a select few will truly be worth the risk. Below is a list of the different types of bets you can expect to find at an online sportsbook:
- Moneyline betting: This is where you predict the driver who will win the race after all the laps have been completed. For example, you could bet that Sebastian Vettel of Ferrari will win the Formula 1 Grand Prix over all the other drivers.
- Retirement - a fairly common bet - has all sorts of interesting biases and heuristics. The simplest is that you simply have to predict which driver will not finish the race. It also requires a certainRead More of a Tiger Mom mentality in punting, as you are much more in a position to root against the failure of one or two machines when you are betting on the whole not finishing thing in the first place.
- Motor Sports Spread Bets - in this bet, punters are judged on the accuracy of their bet. In other words, you can pick a head-to-head race where you have to predict the correct position of the two drivers. For example, pit Lewis Hamilton against his Mercedes teammate Valtteri Bottas and correctly predict the position in a particular race.
- Motor Racing Futures - Punters are asked to guess the winning driver for the entire season after all the racing championships have been tallied. You need to pick a racer that has a proven track record of winning.
Types of Motor Racing Competitions
Betting on motorsport racing tends to fill a wide range of domestic and international online betting markets. You can find all sorts of motorsports betting predictions on a wide variety of racing competitions held over the course of a year. Some of the most popular motorsport events that you can bet on, with varying degrees of depth and expertise, are listed below.
Formula 1 Betting
Betting on F1 is perhaps the most popular form of online betting associated with motor racing. While a betting fad can be seen with most major motorsport events, Formula 1 clearly holds a special place in the world. This is not surprising, after all F1 is arguably the pinnacle of motorsport. An entire F1 season spans some 20 countries across five continents - these countries, and many more around the world, are home to millions of motorsport fans.
NASCAR Betting Odds
The most prominent racing series in North America, not just one of them, but the one. The one where the car that crashes, not the car that crosses the finish line, is what we wait for. Where when we watch and when we listen, there's a full 10 months of unadulterated action that culminates in the Cup Playoff Championship finale in November.
MotoGP
The world's premier motorcycle racing competition is MotoGP, where the best riders from every corner of the globe come together to prove who is the best. Online betting on motorsports provides racing fans with all the excitement from 19 different venues.
Dakar Rally Odds
Bet on the Dakar Rally odds in what is by far the most exciting competition for car and motorcycle racing purists. This competition tests the endurance of the competitors - and the endurance of the vehicles - as they travel across stretches of loose dirt and desert.
Motor Sports Betting Tips
Betting on motorsports, like betting on other forms of sports, has created some patterns that repeat themselves over time. These patterns seem almost too reliable when you consider the obvious skill of some drivers and the not-so-obvious design of some tracks. Even the best racers can't be counted on to win every race they enter. Still, our notes on the patterns that seem to determine who wins the most races will help you make better motorsports bets.
- Motor sports betting is very predictable. So if you want to make a profit, which is safer to do with money line bets, then pick another car manufacturer that isn't one of the two major ones that produce A or B type bets. If you do that, there's a reasonable chance you'll get some returns that are consistent with what you'd expect from a safe bet.
- Always research the track and the past performance of your chosen driver. Some drivers have trouble at certain tracks that other drivers can handle with ease.
- If you are going to bet on Mercedes to win a race, make sure you place a large enough bet to make it worthwhile. They are the clear, unquestioned favorites to win every single event they might race in before the 2017 season begins.
- Pay attention to the top ten drivers who qualified on pole position. These are the ones who perform well and are unlikely to give up top spots to anyone else.
