Formula One has turned into one of the most competitive motor sports the world has ever seen. The industry is now big business and is worth hundreds of millions of pounds per year. The 2018 season will be the 63rd time that the elite motor sport racers have locked horns for the chance to become World Champion.
Formula One betting 2018 covers the 20 races over the Formula One season. The first race is in Melbourne, Australia on March 16 with the last race being in Brazil on November 23. All of these races present many different betting markets that punters can take advantage of over the course of the season.
Formula One Teams
There are 12 different teams that will compete over the course of the 2018 season; Red Bull Racing, McLaren, Ferrari, Mercedes, Lotus, Force India, Sauber, Toro Rosso, Williams, Caterham, HRT and Marussia. Traditionally it is just a few teams that stand a good chance of winning the Constructor’s Title because they have the best cars and the best drivers.
Red Bull Racing, McLaren and Ferrari are the teams that are the favourites to take the Constructor’s Title this season. All three teams have drivers that stand a very good chance of becoming World Champion and they frequently have greater financial resources to be able to put themselves a few seconds ahead of the competition.
Formula One Drivers
The Formula One drivers are where more betting markets come into the equation such as race winner, World Championship winner, first driver to crash and many more. Each Formula One team is allowed to name two drivers to compete for the team over the season.
FORMULA ONE BETTING
Formula One betting is best approached by watching a lot of the practice sessions that the teams and drivers are obliged to take part in. These practice sessions at each venue will give a good idea of who is in form and who is struggling with the conditions and surroundings. The practice sessions will also give a very good idea over who has the best car for these conditions.
There are many markets in Formula One betting that will decline in value as the season goes on. The perfect example is the World Championship winner. The best odds will be available over the start of the season but it will be impossible to predict the winner until the standings take shape.
Formula One Markets
There are some Formula One markets which will be more popular with the punters once the likes have Vettel, Button, Hamilton and Alonso have all rocketed to the top of the individual standings. Formula One markets can produce special bets such as the winning nationality of the World Championship or how a driver will perform on their home track
These Formula One markets are popular for two reasons; firstly, they offer something a little different to the normal betting market. F1 is a sport where the normal markets don't change a huge amount for the season. Secondly, there will often be a little bit of added value for these markets as opposed to the main markets where drivers are heavily odds on.
F1 Free Bets
F1 free bets are a good way to enjoy the start of the F1 season as well s many races over the course of the calendar. F1 free bets commonly come in the form of big sign up bonuses which bookies offer. Punters are well within their rights to use the free bets for any F1 market they see fit.
Some bookies also release F1 free bets just for this sport at the start of the season. These free bets will have very specific terms and conditions and may be restricted to one or two markets. However, they offer extra value at no financial cost to the customer.