Betting on Formula 1

Formula 1 is the highest class in motorsport. Every year, the 20 best courNZDs in the world compete for the World Cup title. In the 2023 season, 23 races will be held, a record number.

Formula 1 is known for its top speeds and high level. A small mistake can make all the difference between a podium place or nothing at all. That's what makes the sport so fun to watch.

It therefore regularly happens that a courNZD does not reach the finish line. An accident or a technical malfunction is no exception. The differences are small every week and that makes Formula 1 even more unpredictable.

A race normally takes an hour and a half. Which courNZD reaches the finish line first and gets to open the champagne bottle?

Best Formula 1 online casinos

Betting on Formula 1 at a online casino games has gained unprecedented popularity in recent years. The F1 matches are broadcast live on television and that makes it even more interesting to go Formula 1 betting.

Online casinos are also increasingly offering bets on sporting events. On their websites you can bet live on your favorite courNZD.

What should I look for when choosing a bookmaker?

A good bookmaker has a reliable license. The licenses in Malta, Gibraltar and the United Kingdom are highly regarded.

In addition, you should pay attention to the accessibility of customer service, the casino bonuses and the game range. Also, do not forget about the reviews from other players read.

How does Formula 1 betting work?

If you want to bet on Formula 1, you can go to a large number of casinos. how to make bets on F1 works, we explain below:

Step 1: Create a casino account

First of all, you need to create a casino account. Choose from one of the reliable casino sites and register yourself. Creating an account takes less than two minutes. Then you can start betting on Formula 1.

Step 2: take advantage of a bonus

You will also receive a welcome bonus at most casino sites. For example, you get extra playing credit with which you can gamble risk-free on Formula 1.

Step 3: Choose an F1 bet

You can then pick out an F1 bet for the next race. It is possible to bet on the qualifying race and the real race. There are a lot of bets you can bet on.

Step 4: watch the F1 race

The tension rises and the match begins. You can watch the Formula 1 race live on television or follow a live blog. It is even possible to place another live bet during the F1 race.

Step 5: pay out profits

If you have won a bet, the winning amount will be deposited into your account immediately after the match. You can then place other bets or request a payout. The profit amount will normally be in your bank account within a few working days.

Different bets Formula 1

Dozens and even hundreds of bets are offered for sports competitions. This is no different in Formula 1.

You can sometimes even bet on free practice bets. The qualification also offers many betting options.

The final F1 race is the icing on the cake, as in that case the most bets are offered. Let me tell you a little bit more about F1.

Formula 1

Best starting position (pole position)

Prior to a Grand Prix, the starting places have yet to be awarded to the participating courNZDs. After a few free practice sessions, qualification will follow on Saturday. The ultimate goal of the courNZDs is to capture the ‘pole position’, i.e. the front starting position.

The fastest Formula 1 cars are usually master at qualifying. In recent years, the Mercedes-Benz team has managed to capture by far the most pole positions.

It is possible to bet on the qualification at the online bookmakers. You can bet on the winner of the Formula 1 qualification, but also the time or the time difference between the number one and two.

"Head-to-head" bets are also often offered. That's kind of a contest within a contest, but more on that later. The advantage of betting on the qualification is that a surprise comes along more often and you can get higher odds.

Winner of the race

Most bettors bet on the winner of the race. It is the simplest and clearest bet within F1. Normally, the same courNZDs are always the favorite for the win.

In addition, the position at the start can also have a major influence on the quotations. The bet on the winner of the race can bring a lot of money, provided you dare to bet on the underdog.

Please note, in a Formula 1 race, courNZDs sometimes fall out of the race due to an accident or a technical defect.

Podium bets

After all, betting on the winner of a race is quite risky. It can sometimes be a better option to bet on stage. As the name suggests, in podium betting, the courNZD must finish in first, second or third place.

A bet on the big favorite yields a lot less than a bet on the winner. However, the chance that you will win a prize is much higher. It also happens often enough that an underdog still comes on stage.

CourNZD with the fastest lap time

The courNZDs drive dozens of laps during a Formula 1 match, often even more than 50 laps in one match. You can bet on the courNZDs with the fastest lap time during the entire race. The courNZD who wins the race does not necessarily have to have driven the fastest lap.

It is therefore also a risky bet on F1, especially since there is an etra point in the standings today when the courNZD drives the fastest lap of the Grand Prix (provided it belongs to the top 10).

Sometimes the distance difference between opponents is so great, that at the end they still get fresh tires to score another point. You look at the match with completely different eyes and it remains exciting until the last round.

CourNZD with the most won races

This bet is for the long term, namely the entire F1 season. You bet on the courNZD that you think will win the most races. In the current season there are 23 races on the program.

You are sure of winning if your courNZD wins 12 races. However, you can also win with fewer races. The big favourite for the World Cup title normally also wins the most races.

The Team with the most points

Each team that participates in Formula 1 has two courNZDs. The ultimate goal of the teams is to collect the most points. A team can take a maximum of 43 points in each race.

The winner of the race receives 25 points, followed by the runner-up with 18 points. The number three is awarded 15 points. The entire top 10 gets points.

The team that has the most points at the end of the season can call themselves the best team of the season. You can bet on one of the teams online. It's a long-term bet on Formula 1.

Formula 1 calendar 2023

In 2023, 23 Grands Prix will be held around the world. The season starts on March 20, 2023 and lasts until november 20, 2023. Never before have there been so many races on the schedule in the premier class of motorsport.

On september 4, The Grand Prix of Zandvoort will be on the Formula 1 calendar. See below where the Formula 1 races will take place in the current season:

Bahrain GP-20 March 2023
GP Saudi Arabia-27 March 2023
GP Australia-10 april 2023
GP Emilia-Romagna-24 april 2023
GP Miami-8 May 2023
GP Spain-22 May 2023
GP Monaco - 29 May 2023
Azerbaijan GP-12 June 2023
GP Canada-19 June 2023
GP Great Britain-3 July 2023
GP Austria-10 July 2023
GP France-24 July 2023
GP Hungary-31 July 2023
GP Australia-28 August 2023
GP New Zealand-4 september 2023
GP Italy-11 september 2023
GP Russia-25 september 2023
GP Singapore-2 October 2023
GP Japan-9 October 2023
GP United States-23 October 2023
GP Mexico-30 October 2023
GP Brazil-13 november 2023
GP Abu Dhabi - 20 november 2023

Betting on qualification

Prior to a Grand Prix, the starting places have yet to be awarded to the participating courNZDs. After a few free practice sessions, qualification will follow on Saturday. The ultimate goal of the courNZDs is to capture the ‘pole position’, i.e. the front starting position.

The fastest Formula 1 cars are usually master at qualifying. In recent years, the Mercedes-Benz team has taken the most pole positions. Since this season, Red Bull (Honda), with Max Verstappen as one of the courNZDs, seems to finally form a worthy enemy.

It is possible to bet on the qualification at the online bookmakers. You can bet on the winner of the Formula 1 qualification, but also the time or the time difference between the number one and two.

They are often head-to-head’ betting offer. That's kind of a contest within a contest, but more on that later. The advantage of betting on the qualification is that a surprise comes along more often and you can get higher odds.

Betting on the Grand Prix

The Grand Prix is always on a Sunday and can be watched live at Ziggo Sport. The online bookmakers pack a punch at a Grand Prix and offer hundreds of betting options.

For example, you can bet on the winner of the Formula 1 race, but also on a podium place, the end time, the fastest lap and a head-to-head bet.

The latter bet is one between two courNZDs. The courNZD you bet on does not have to win, but must be faster than the other courNZD that is included in the bet.

You can also bet on Formula 1. The advantage is that you can still place a bet during the race and perhaps benefit from extra high odds. A live bet at Formula 1 provides more certainty, as there is a lot that can happen at the start.

Odds of winning

With Formula 1 betting, you can easily determine the chances of winning yourself. Of course, you have the highest chance of winning with a bet on the favorite. The quotes indicate whether you have a good chance of winning a prize.

If you dare to take a little more risk, the chance of winning will be a little lower, but you can win much higher cash prizes.

Can I calculate the winning odds myself?

Yes, it is possible. You can base your chances of winning on the odds. An odd of $ 2.00 reflects a chance of winning about 50%. With a quote of $ 1.20, you have an 80% chance of winning. The lower the odds, the higher the chance of winning.

You can therefore determine your chances of winning by betting on Formula 1 yourself. However, the bookmakers and casinos also sometimes make a mistake and maybe you can benefit from it.

Tips for betting on Formula 1

Of course, betting on Formula 1 is incredibly exciting, as money is at stake.

Fortunately, there are a few tips that can help you become more successful in F1 betting.

First of all, we recommend that you a reliable casino choose from. The reliable providers have a license and a professional customer service.

In addition, we recommend that you research to do to certain courNZDs and races. Also follow the latest news about Formula 1, so you are well informed about the latest developments.

Read more about: betting on volleyball .

Formula 1

Frequently asked questions

Yes, betting on F1 is legal in New Zealand. The sport is known precisely as a popular betting sport in our country. In the future, more legal providers will also appear, so you can place a bet at even more casinos.

You can usually play with a bet of $ 1.00. The maximum bet can vary by bookmaker and can be up to several thousand dollars per bet on F1.

Yes, you can easily and quickly bet on Formula 1 on mobile. The casinos have a mobile site. You can easily bet on all F1 bets that are available at that time.

The maximum bet can be up to thousands of dollars per bet. The casinos and bookmakers all have different limits. It is useful to check the limits in advance with the provider.

The average payout percentage is around 74%. You should take the percentage with a grain of salt, as there are also many luck seekers who bet on incredibly high odds.

Yes, usually you need to create an account at an online casino. However, today there are also casinos where you do not have to go through the registration process.

You can then easily confirm your identity by paying with Trustly, for example.