The difference between a winning and a losing sports bettor is often as simple as knowing what options are available. New bettors often struggle finding their initial feet around the betlines because of a single common misconception: that of assuming betting (on any sport) being limited to predicting the winner of an event or race.

This is lamentable because of the very fact that gaining value from betting on sports is balanced on mastering the art of being able to see the bigger picture, so to speak. Practically speaking, and within the context of F1 betting, this often means betting on multiple drivers – including of course the anticipated winner of the race in question.

There are many examples of a correct F1 betting approach vs. a faulty one. But the best approach of all is to take your time, do your homework, and actually bet on a couple of races before ultimately formulating your own personal plan for profit.

Here are a few pointers to get you started.

One Race – Multiple Drivers

F1 betting presents the bettor with some of the most generous odds in sports betting. Generous odds such as those found in https://australianbettingsites.org/internet/ betting on Formula 1 presents the bettor with a unique opportunity to show a profit without the need to predict an outcome down to the exact winner of a race each and every time. Given the massive number of variables present in any given race, this simply isn’t possible. A 100% strike rate is pure fantasy – even for those many years already in the game.

To illustrate – the following example: the F1 futures bet. For our example, we will use Mercedes driver Lewis Hamilton and Red Bull champion Max Verstappen. In any given race, considering the individual past performances of both drivers, any of the two can be expected to win. The million dollar question then: who to bet on? Lucky for us, thanks the options available to us, the answer is simple. The best approach would be to bet on both drivers.

To Illustrate – an example of odds:

  • Lewis Hamilton +400
  • Max Verstappen +300

Because of how odds work and pay, betting $100 on each of the two drivers will yield the following results:

  • In the event that Hamilton wins, you will have made $400 in profit: $400 – $200 = $200
  • In the event of a Verstappen win, you will have made $300 in profit: $300 – $200 = $100

The Power Of History

Understanding how each driver has historically performed at the circuit about to be raced, in the car about to be raced, and under the weather conditions about to be raced, will add a great deal of value to your F1 bet.

This is true simply because each track is different, all cars are different, and each type of weather condition will affect just about everything else on race-day in a different sort of way.

The trick then, is to gain as much knowledge as possible. Correctly analysing sufficient volumes of historical data is the number 1 road to success when betting on F1.

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