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Formula One betting types ... the different types of bet that can be placed on F1

BETTING TYPES FOR FORMULA 1 

The Betting types in F1 . There are several types of common Formula One bets that you can play or place a bet on. You can bet on who will qualify for a particular race, who will win a race outright, or you can bet on the championship races (driver or constructor). Below, let's have closer look at each of these betting options, in addition to a few more.

Qualifying Bets:

In Formula One, drivers have to qualify for their starting position in the race. This occurs the day before the F1 race and provides you with an opportunity to place a bet on qualifying and the pole positions. You can also bet on qualifying times.

Individual Winner Wagers:

This is a bet on who will win a race. It is possible to place a bet both ways. The latter is a lower paying bet. If you bet on this you are eligible for 1/5th of the winning odds if the driver places in the top.

Top Scoring Constructor

This bet is based on which constructor will accumulate the most points at a particular formula one race. The Top Score Constructor bet is a common one.

Championship Bets:

There are several bets of this type that can be placed. A person can bet on who will win the World Drivers Championship. It is also possible for you to bet each way. However, if a you do the latter, the payouts will be less. Often, this amount is for 1/3 of the win odds. A person will win that amount if their driver comes in first or second place. It is also possible to bet on the Constructors championship (Formula 1 World Constructors Championship). However, you can only bet one way.

Podium Finish:

This bet is on a particular formula one driver finishing in the top 3.

Points Finish:

This is a bet that a driver will finish in the top 8.

Fastest Lap Time:

This is a bet on the F1 driver who will have the fastest lap of the day.

Safety Car:

This bet is on whether or not the Safety car will be needed or deployed.

Number of Finishers:

This is a bet on how many cars will complete in a particular formula one race.

Winning Distance:

This allows you to place a bet on how far ahead the winner will finish. This bet is measured in seconds.

The next step is to have a look at the various sports books that you can place your F1 at, head on over to our sports book page and also read through the reviews we have done on each of them.

So ... there you have it all the basic types of bets you can place on F1 and begin making some great betting choices on this fantastic and exciting sport of Formula 1 motor racing.

Enjoy your F1 betting!