We the fans, may predict the winner of a race, the fastest driver or the final winner of the championship, whether it may be individual, or by teams. But before placing your bet, it is important to know what types of bets exists in F1.

Winner of the Championship

It is advisable to know the results in the pre-seasonal tests if you want to place a bet before the start of the official season. You can also bet during the championship, when the odds change depending on the success of a constructor or driver.

In certain occasions, there are bets before the last race because two or three pilots still have mathematical options.

In this case, it is convenient to know the results of those pilots in the same circuit in recent years. You can also bet based on the weather if a driver has more dexterity in the rain or with a complicated car.

Winner of the Race

This is the most common bet, the choice of a driver as a potential winner of a race or Grand Prix. The big favorite usually has a very low quota, so it is not unreasonable to bet on an outsider, or a second or third favorite. These options have possibilities since certain mishaps can occur in the middle of the race such as human error in the pilot, weather, mechanical failure, tactics, etc.

Winning Team

It is also common to bet on the best constructor for a race or a Grand Prix, in other words, the total calculation based on the classification obtained by the two drivers of one team.

Official classification or Pole Position

It is about betting on who will get the best time at the end of the three qualifying rounds the day before the race. It is one of the most predictable F1 betting markets, because here the car’s quality and power and the skill of the driver count a lot.

Analyzing who got the fastest lap in previous GPs and with what team you can guess the possible fast driver.

Now that you know the types of bets that are made in F1 you have more chances to win making calculations and planning strategies and see how they work.