Motor sport has been around for a long time, providing entertainment for punters in different locations worldwide. Auto racing events receive way more media coverage than horse racing and other top sporting events. This is a perfect opportunity for the gambling community to place bets, have some fun and cash up.
You can easily find the best motorsport betting sites offering fantastic odds and bonuses just for you. A few select websites also offer live betting on different car racing and motorcycle competitions. In this guide, we will explore the different options that a bettor can choose from.
Motor Sports Betting Explained
Motor Sports. How does it work? A quick answer would be racers fight to get to the finish line. However, there is more to the competition. Before the race begins, competitors must each go for a qualifying round and clock a specified lap time. The driver with the fastest time gets to start ahead of the others in the actual race.
There are different motorsport events, and the most common examples are Formula racing, stock car racing and motorcycle racing. Each event has its own rules, but essentially the races are split into stages. The drivers are either awarded for succeeding in certain rounds or penalised for various offences. At the end of a season, the points are totalised to determine the championship winner.
You may bet on the different outcomes, such as which driver wins a race or the entire season. You may also place bets on which driver wins a stage or which motorcycle rider clocks the fastest lap and so forth.
Recommended Motor Sports Websites – The Top 4
Top online bookmakers around the world have made sure to include motor sports in their repertoire. Many websites offer some enticing bonuses and lucrative promotions, which is a great thing. Still, not all of them will satisfy all your gaming needs. In addition to promotions, the best bookies online must provide a wide variety of odds in differentiated betting markets.
As we mentioned before, Formula 1, NASCAR and Moto GP are the most popular competitions. Therefore, you will find that the most trusted betting sites will feature these events and offer decent odds. Most importantly, as a responsible player, you must first verify that the website is a fully licensed bookmaker. In short, the perfect online platform for motorsports betting must offer attractive odds in different exciting markets along with generous bonuses and promotions. And we reiterated that a website should have a valid and traceable license.
- Trusted & Secure Online Betting Site
- Competitive Sports Betting Odds and Markets
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- Generous Welcome Bonuses and Promotions
- Among the Highest Odds in the industry
- Wide Variety of Sports Betting Markets
- A lot of Casino Games
- Trusted online betting site
- Great range of Sports Betting markets
- Top-class Customer service
- Various Payment methods
- Extensive sports library
- High odds
- Separate apps for sports, casino, and poker
- Fully legal and licensed
- Pros:
- You have the chance to wager on the most anticipated motor sports races
- Most events include the popular betting markets
- Some of Betway’s proposals can be used by motorsports bettors
- Cons:
- You don’t have access to a lot of betting markets
- Pros:
- 1xBet is a place where you can find a wide range of motor sports
- The bookmaker has plenty of markets
- 1xBet is one of the leaders regarding the odds for motorsports
- Cons:
- Usually, there aren’t any motorsports betting tips
- Pros:
- There is a wide range of motor sports to bet on
- Usually, the available events offer at least a few betting markets
- Punters can learn exciting things about motorsports
- Cons:
- The platform does not offer promotions solely for moto sports
- Pros:
- Motor sports fans will have the opportunity to use various markets
- The online bookie is famous for its good odds
- You can use Bwin’s signature features
- Cons:
- No exclusive reward for these sports
What betting markets are available?
The great thing about motorsports is that it provides excellent gambling opportunities that you wouldn’t be able to get in other sports. Before the races start, there are so many outcomes that you can predict and wager. These betting scenarios are collectively known as markets. Other than predicting the winner of the race, you can bet on several other things, such as whether the Mercedes or the Ferrari brand will win the series. You can place bets in advance or during a match. The following are some examples of betting markets.
Race Winner
This is the most straightforward wager. The bookmaker makes a list of odds for all the participating drivers. Your job will be to predict who wins the game. You will have to pick from 30 or 40 different drivers, so it is crucial to follow up on statistics. Each driver will present different betting odds, determining how much you’ll be paid if the bet is successful.
In Formula 1, some of the most popular drivers are champions Lewis Hamilton and Max Verstappen. However, car racing may be unpredictable, considering that the driver may face some technical challenge with his vehicle and fail to recover.
Top 3 Finish
This is another simple bet in which you are more likely to win. Here, the punters must predict that a specific driver will finish within the top 3. If your driver finishes the race in the first, second or third position, you win.This market is popular with Formula 1 and Indy Car competitions but is not as profitable as the Race Winner Bet. This type of bet is sometimes referred to as the Podium Finish because drivers who finish in the top 3 will be invited to the prize presentation podium to collect their prizes and be showered with champagne.
Driver’s Championship
A more complicated but fascinating market is the Driver’s championship. The bettor now makes the prediction that a certain player will win the tournament. This means your bet is not determined by a single race but by the entire season. During the season, numerous races will be held, and the drivers will fight to get to the finish line and earn points.
These points will contribute to their ultimate victory. What will make your betting experience thrilling is that you get to watch the driver’s points accelerate or sometimes decline when penalised.
Constructors Championship
In addition to placing bets on particular drivers, bettors can also back the automakers. In Formula 1 and NASCAR, automobile companies are allowed to build the race car for a driver of their choice and form teams. The automaker will earn points depending on how their teams perform as the tournament progresses. So, you will find big names in the automobile industry, such as Mercedes-Benz backing 7 times champion Lewis Hamilton. This is a rather unusual market as you get to bet on things beyond the core of the competition.
Driver vs Driver
Instead of making a bet on a single racer winning the match, you can place a wager on how two drivers will perform in a race. The motorsport betting site will allow you to pit two rivals against each other and guess which racer will finish in a better position. For you to win, your chosen driver does not have to take the first position. The bookmakers normally match up two of the most popular drivers and create attractive betting for punters. There are so many racers who are known to be arch-rivals.
Pole Position Betting Options
The pole position in auto racing refers to the spot at the front on the starting grid, giving the driver an advantage over others. The driver earns this privilege by making the best time in the qualifying round. This type of bet has to be made way before the race starts. In other words, this bet is not about the race, but it’s about who gets the pole position. And by the time the race starts, you would have collected your winnings or losses. It is interesting how some drivers may get some excellent lap time during the qualifying round but fail to make it in the actual race.
Advantages and Disadvantages of Motor Sports Betting
Motor sport betting sites offer a wonderful source of entertainment, but there may be some pitfalls a bettor should try and avoid. There are pros and cons to everything, and it helps to just take a moment and ponder upon some common implications of betting on motor sport.
- Advantages
- Using their knowledge of car racing, punters can make the right bets and win money.
- This is a way to have some fun and blow off steam.
- It’s easy and affordable.
- You can place your bet remotely. No need to go to the actual track.
- Disadvantages
- Motor sports betting sites always have the advantage. Remember, this is a business undertaking.
- Some gamblers may become overconfident and consequently lose track of their finances.
- Bettors have no control over the events taking place on the field. For example, a top racer may face some technical challenges with his car.
Motor Sports Betting Tips and Things to Consider
Although we can’t guarantee anything, your chances of winning may be boosted significantly if you take some time to consider some of these helpful motor sport betting tips. In our guide on how to bet on Motor sport, we share additional information regarding placing bets on racing events. The most important thing is to understand the world of car racing from a statistical point of view.
This gives you an idea of why a driver is a favourite or the underdog. A grid position provides the driver with an advantage or prejudices the racer at the beginning of the race. Therefore, if a good driver has a favourable grid position, it’s easier to predict the outcome.
The location plays a crucial role as specific drivers prefer certain tracks and perform better in particular venues.
Also, specific weather conditions like rain may either hinder or stimulate certain drivers to perform at their best.
Punters should develop personal money management systems and desist betting more than what they are willing to lose.
Live betting on Motor Sports – is it a good choice?
Technology allows you to get closer to the race tracks without even leaving the house. You can now also place live bets. It doesn’t matter if the game has already started; you can place your bet in real-time. So, this means the odds will keep changing as the game progresses. It is as if you’re in the stands cheering with the rest of the crowd. A wider range of markets is also available when you’re live betting on motor sports.
Due to its fast pacing, we would recommend this type of betting mostly to the seasoned gambler. We mean someone who already understands how odds are calculated, which markets to pick and when to pick them. When the game starts, bookies will start reshuffling the odds, which may be complicated for a novice to interpret. Punters should research and find the best motor sport betting sites for live betting. Also, you should know which competitions to play in. Formula 1 and NASCAR come highly recommended.
FAQ
How risky is it to bet on motor sports?
There is no absolute safe bet in any form of sports betting. You can, however, take some measures to minimise your risk. For example, evaluating the market thoroughly before a substantial wager.
Which is the best site for betting on motorsports?
There are a lot of great websites out there. However, you can separate the very best ones by checking to see if they have a license and offer a good variety of markets from the most popular competitions such as Formula 1, Moto GP and NASCAR.
How do I manage my bankroll?
You can regulate your funds by setting a monthly or weekly limit on how much you spend on betting. You could also take a break whenever you feel like you are on a losing streak. Before placing a bet, make sure you understand the odds and the statistics related to that bet.
How are automobile manufacturers involved in motor sport racing?
Carmakers such as Mercedes-Benz and Ferrari support the drivers and their technical teams. The manufacturers build engines and other parts for the participating vehicles following strict guidelines. If their teams win, the manufacturers, also known as constructors, will also earn a prize.