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Article on Formula 1 Betting

Formula 1 Betting

 
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Formula 1 is by far and away the most complex sport of them all. You really do need to know your stuff when it comes to wagering on those speed addicts which are Formula 1 drivers. It's a sport where every single minor detail is taken into account, from purchasing the right or latest parts to ensuring you have the correct tire type for each individual race. That's also another point. No race is ever the same. One week they could be racing in the blistering heat of Dubai while the following weekend they could be involved in a manic monsoon in Malaysia. Of course, for the spectators at least, this makes for a more entertainment but for the drivers and the constructors, it makes their task even harder and to succeed in Formula 1 it all boils down to the preparation.

Rules

Unfortunately, there are far too many rules governing Formula 1 for us to list them. The rules vary from the maximum size of the front wing to the amount of testing each team is allowed. They really do run a tight ship at F1 headquarters but the rules are there for a reason. To try and make the sport an even playing field.

For a full list of rules and regulations, visit the Formula 1 website

Fine Tuning

Every sportsman needs to be accompanied with a passion for their chosen sport but more importantly a dedication. It's mind boggling the amount of time and effort every team puts into making their F1 team a success, along with stacks of cash of course. To win any given race the team will need to work as just that, a team. This will stretch from configuring the car itself, right up tothe men working in the pits. Every wrong move could cost the car 1% of time. This may not seem a lot to the untrained eye but these small percentages are what those dedicated to Formula 1 thrive on.

Race Know-how

Before betting on any race, you need to ensure you've done your research. There are more then a dozen factors that come into affect when trying to predict a race winner and we will highlight just a few.

Fuel Amount - Make sure you've read up on who's carrying the most amount of fuel. This comes into affect in both qualifying and the race itself as the more fuel a car has, the heavier the car becomes. This will lead to much slower lap times and will affect the teams pit stop strategy's.

Qualification - To ideally pick a potential winner, you will need to watch qualification. This normally takes place on the Saturday before the race. You will need to spot any crashes or any peculiar lap times. If a car is lapping slower then everyone expects then there's usually a problem, either with the car, the team or the driver. In either case it's advised you stay away from betting on these.

Form - Just like any other sport, winning a race can come down to confidence. If Lewis Hamilton hasn't won a race for five successive races then chances are his confidence is on a serious lull and it would be advised to steer well clear of betting on Lewis. The same can be said for the team itself. If McClaren haven't won a race in six or so attempts then there maybe an internal fault within the camp.

Interviews - A lot can be taken from interviews with members of a certain team or the drivers themselves. They can often provide you with information in regards to any potential problems, any race day tactics and give you a good indication of their overall mood. If they look buoyed and full of smiles then they are probably confident of their chances.

Conditions - The weather conditions play a big part in how the race can pan out. Not only will it make driving extremely difficult, but it will also favour some drivers more then others. Just like horses, some drivers perform better in certain conditions. This can be said for Red Bull's Sebastien Vettel. The young German has made a name for himself by producing some fabulous drives in monsoon weather.

There are of course plenty of other characteristics and factors that will come into play and basic rule of thumb is do your homework! You can visit several sites to enhance your knowledge of the drivers and the teams. Try visiting both the BBC and F1 websites. They will include various pieces of information that will aid you in picking a winning selection on race day.

Betting Markets

There are a variety of markets available on Formula although they mainly fall into the category of predicting where a driver will finish. This can vary from betting on the race winner to taking a punt on a driver finishing in the points(1-8). However, you can also have a few fun bets with certain aspects like betting on the amount of finishers.

Types of bets:

Race Winner - Predicting the winner of the race

Podium finish - Predicting a driver to finish in the top 3

Points finish - Predicting a driver to finish in the top 8

Fastest lap time - To win this bet you will need to successfully chose the driver who records the fastest lap in the race.

Safety Car - With this you can bet on whether you think the safety car will be deployed. The Safety Car will usually be used in drastic weather conditions or after a driver has crashed their car.

Number of finishers - Betting on how many drivers will finish the race. The quote given by bookies can normally vary depending on the weather. The wetter the conditions, more driver retirements.

Winning distance - You can bet on the winning distance. This will be in seconds so if you think a driver will take to the front and enforce a healthy gap then it's worthwhile considering a bet on the winning distance.

2010 Rule Change

A big change to Formula 1 is how the Championship will be decided. Since F1 began, the Championship was always awarded to the driver with the most points throughout the entire F1 calendar. That has been binned and it will now go to the driver with the most amount of wins. However, if two drivers finish with an equal amount of wins throughout the year then it will go back to deciding the Champion by virtue of points, so ensuring you finish in the points is still as crucial as ever.

Point Scoring

The aim of any race will of course be to win it. However, for some teams, this is very unlikely and they will set out to try and finish in the points. Only the top eight finishers will receive a point reward and this is generally where the more entertaining battles take place.

1st - 10 Points
2nd - 8 Points
3rd - 6 Points
4th - 5 Points
5th - 4 Points
6th - 3 Points
7th - 2 Points
8th - 1 Point

Formula 1 Teams

Brawn GP
Jenson Button
Rubens Barrichello

Red Bull

Mark Webber
Sebastian Vettel

Toyota

Jarno Trulli
Timo Glock

Ferrari

Felipe Massa
Kimi Räkköen

Williams

Nico Rosberg
Kazuki Nakajima

McClaren

Lewis Hamilton
Heikki Kovalainen

Renault

Nelsinho Piquet
Fernando Alonso

BMW Sauber

Robert Kubica
Nick Heidfeld

Toro Rosso

Sebastien Bourdais
Sebastien Buemi

Force India

Adrian Sutil
Giancarlo Fisichella


2010 Venues

The official venues for the 2010 Formula 1 campaign have yet to be confirmed. This is mainly down to the fact that several of the big constructors have threatened to withdraw from F1 altogether after those in charge introduced a new rule where each team would be restricted in the amount of money they could spend in a F1 season.

A good news for British fans though is that we will still have racing here in the UK. Donington park will be the new host for the British Grand Prix although the venue is still under construction. Were Donington park not to be ready in time then it would revert back to Silverstone.


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