There is simply no denying that sports betting has grown in popularity. This is especially true when it comes to mainstream sports like basketball and football. This is great as it is always good to see the gambling community grow. The two major downsides to the growing popularity are that it not only causes the betting prices to tighten, but it causes the overall value of the earnings to drop as well. Betting on more obscure markets like the Grand Prix could prove to more lucrative, but how does one go about getting into this side of sports betting?
Understanding The Markets Available
As you delve into the deep world of betting on the Grand Prix, you will quickly discover that there are a number of markets available. Not only are there a number of online bookies to choose from, but there are tons of different betting options of top of this. Some bookies will offer all of these betting markets while some will only offer a few. The key is to really find the type of market that you want to gamble in and choose a bookie that offers it.
Betting On The Championships
The championship bet is a long-term one, but that doesn’t mean it can’t be lucrative given that you choose the right driver. When you place a championship bet it means that you are betting on the driver that is going to come away with the most points at the end of the season. The championship bet is kind of a tricky bet because the winner of the Grand Prix championships is based on points awarded throughout the racing season. Throughout the season points will be awarded to the top ten finishers and at the end of the season, these points will be totaled. The one with the most points will take home the championship.
The Constructors Championship
The constructors championship is also a long-term bet that is somewhat similar to that of the championship bet. Formula 1 is just like NASCAR in the fact that they allow teams of drivers. For instance, the same team may have two cars on the track during any given race. The constructors cup will be given to the two drivers that accrue the most points at the end of the season. One particular team driver doesn’t have to bring home the championship cup in order for you to claim this prize, which makes it a little tougher and more exciting.
Season Match Bets
The season match bet is another long-term bet that can offer some very nice and lucrative odds. This is especially true if you are taking advantage of no deposit casino bonuses that are offered by a number of online bookies. The season match bets allow you to pit two drivers against each other. When you place a season match bet, you will basically be betting on which driver is going to have the most points at the end of the season. The casino will usually pit two drivers against each other so you won't get to have your pick of drivers, which can make things a little tougher, but with the right strategy and a little bit of luck, you shouldn’t have a problem cleaning up with this bet.
Top Three And Top Six
Once again, here is another long-term bet, but this one is going to be much harder. This bet is not like actually betting on the driver that is going to walk away with the most points at the end of the season. With this type of bet, you are actually trying to guess which drivers will land the number 3 and number six positions. This can be an extremely difficult bet, but a payout on a bet like this could be more than lucrative for the right individual.
F1 Pole Position
Gamblers that can’t wait for the race to start also have the option of betting on the qualifying race. Just like NASCAR, each driver will be required to qualify before the big race. This qualifying portion of the race will determine where the drive is going to start in the next race. Gamblers can bet on which driver will be awarded the number one starting position.