NASCAR and Formula 1 Racing has emerged as one of the most viewed sporting events in the world and it has also become a leading sport to bet on at the sportsbooks. Nascar betting and Formula One betting can be very profitable if you take some time to do a little research. You need to know who is racing, past performance histories, and most importantly, find a quality sportsbook that you can trust. We here at Racing Circuits have researched a ton of different auto racing sportsbooks and have narrowed the field down to the two featured on this site. These sites have been around for years and have developed a solid reputation for fair lines, and quick payment on bets.
|#1 Rated Sportsbook - 888Sport.com|
WilliamHill.com is our #1 rated online sportsbook to bet on Nascar and Formula One racing. They offer competitive odds and great break downs of each of the races. You will find every type of sports betting at 888.com, as well as entertainment and political betting. WilliamHill.com offers a £25 bet.
With so many drivers in the race most people out there think that like internet poker, it’s impossible to make some money betting on NASCAR or Formula One racing, but they're not looking at every option they have. In this brief betting guide we’re going to take a look at some of the different bets you can make on every Nascar and Formula 1 race.
- The most common bet you’ll see most people bet on is the odds to win race. This bet is where you need to select which nascar or formula 1 driver you think will win the race and you’re paid on a moneyline basis. Each racer will have a moneyline odd next to it and that’s how you can determine how much you’ll be paid. Betting on the winner of the race offers the worst odds of winning in NASCAR and Formula One, but if you hit you’ll be able to cash a nice win.
- Match-up bets is another Nascar betting option that is very popular because it offers a lot better odds to win the bet. A match-up bet allows you to pick one racer between a group of two and the racer you pick needs to do better then the other racer. The same is true when you play poker as betting the match-up, you have a 50% chance on these bets so when you’re picking the favorite you’ll need to lay juice most times. These are the most profitable bets in Nascar and Formula 1 and you should study the match-ups every week to find the best ones.
- You can bet on which manufacturer you think will win the race and as most of you know your options would be Chevy, Ford and Dodge. This bet offers good value as well, but you need to study which manufacturers do good on certain tracks from previous seasons. The bet will be based on moneyline odds and paid out according to the odds offered by your book.
- Some sportsbooks group together a half dozen or so formula 1 betting racers into a group and you can bet on who you think is going to finish the race in the best position. Since there is more racers in this bet then the match-up bets you get better odds on this type of bet. I wouldn’t just bet on this one, but if you combine it with some match-up bets you could do well.
The most profitable formula 1 bets are match-up bets because if you study the racers you can really find some good value in certain match-ups. These are a lot easier to win then picking who will win the blackjack race, and although you’d win more money picking the winner of the race you might never win all year.
Now that you know the types of bets you can make on Formula 1 and Nascar, all you need to do is find a sportsbook to join. We recommend checking out the two sportsbooks featured on this site. Both have been thoroughly tested and have come through with flying colors.