How to Bet on F1 Without Picking the Winner

F1 Betting Markets

There are plenty of ways to bet on Formula 1 without just picking who you think will win the race. We have explored some more of the popular F1 betting markets that are available below.

Live Betting

A way to get really involved with Formula 1 betting is by checking out the live betting markets that are available throughout a race. Bettors can follow the action live and place new bets or amend current bets according to the action as it happens. This can be a way to claim enhanced odds and exclusive markets. 

Podium Finish

A simple way to bet on Formula One is to guess who you think will be standing on the podium come the end of a race. This bet offers three opportunities to win. It does not matter which driver finishes in what position or order, just as long as one of the drivers you guessed to finish on the podium finishes first, second, or third, and your bet should be a success.

Top 6 Finish

This bet involves wagering on the drivers you think will finish a race in the top six. With six chances of having a successful bet, simply put your money on the drivers you believe will secure one of the first six places and get it right for a chance to win. The order or place does not matter, just as long as the driver you wagered on finishes in places 1-6.

Points Finish

Similar to a top 6 finish bet, a points finish bet in Formula 1 involves bettors selecting the drivers that they believe will secure any of the points places come the conclusion of a race. This is the top 10 positions on the grid. The points start at 25 for the winner, 18 for second place, 15 for third place, down to one point for 10th. Bet on a driver that goes on to finish in any of the top 10 places for a chance of a successful F1 bet!

Fastest Qualifier

A bet to be placed before the race on Sunday, this involves betting on who you believe will come out on top on Saturday during qualifying. Place your bet on the driver who looks like they will go on to secure pole position and get the advantage at lights out! 

Driver Markets

A great way to get involved with betting on F1 races is by checking out the driver markets. This includes head-to-heads and individual markets that are more specific and often offer improved odds. These are typically tailored for bettors with a bit more experience or knowledge on the sport. This includes bets such as the driver to make the first pit stop, retire first, not classified, and more. 

Futures

Future F1 bets involve placing money on outcomes such as who you believe will win the Constructors’ Championship and the Driver’s Championship. These bets can be placed well in advance of the beginning of the season, through until the end. These are really popular bets amongst F1 bettors and are a great chance to grab some valuable odds.

Things to Consider when Betting on F1

• Weather - Always check the weather forecast ahead of a race weekend. Conditions can impact a race, the drivers, race strategies, and ultimately, the results. Check for wet weather or extreme heat that could impact a race weekend.

• Driver Form - Review the previous races and results so far that season, and see how drivers have performed and where they have finished for a rough idea of how a race could go.

• Track Characteristics - Each track will present different challenges for drivers, whether it is fast corners, long straights, or a difficult track to perform overtakes. Look these up ahead of the race to see how this could affect the outcome.

Formula 1 Betting Tips and Strategies

Look for Midfield Value - Instead of focusing on the top-performing teams, take the time to research the midfield teams. These can sometimes be the dark horses, ready and waiting to take advantage of any top team mishaps, penalties, or car problems. Focus on teams that may typically fly under the radar. Track History - Explore the history of the track that is being raced at. There can be some circuits that favour certain cars or drivers, as well as tracks that see certain drivers dominate. See if a driver has a dominant record at a track, like Lewis Hamilton at Silverstone, and keep this in mind when it comes to placing your F1 bets.

Focus on Qualifying - The position in which cars start a race is crucial, so looking at the qualifying performances in the lead-up to a race can give you some hints as to what may happen in a race. Drivers with strong qualifying performances can not always have a strong race, and vice versa. Look for anyone out of position on the grid, too, who could be looking to advance through the pack.

Manage your Bankroll - It is important to manage your spending when placing F1 bets. You can do this by setting yourself a budget and by placing smaller bets but more often, as opposed to placing a few bets but in larger amounts. This also enables bettors to have more chances at a successful bet and try multiple markets.

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Responsible Gambling

We understand that gambling can be fun, but it’s important to gamble responsibly. If you are struggling with a gambling problem, please don’t hesitate to ask for help. There are people who can help you get on the road to recovery.

Here are some resources that can help you:

• National Gambling Helpline: 0808 8020 133

• GamCare: https://www.gamcare.org.uk/

• GambleAware: https://www.begambleaware.org/