Formula 1 is the cream of motor racing, with a total of 22 drivers from 11 teams showcasing their talents at tracks across the globe. From iconic venues such as Monza and Silverstone to new favourites like Singapore and Abu Dhabi, Formula 1 is a thrilling global sport.

The current and most celebrated superstar is Lewis Hamilton. The British driver is just a title away from equaling Michael Schumacher. However, Lewis cannot claim to have reached his success by his own effort alone.

The likes of Valtteri Bottas, Max Verstappen, and Sebastian Vettel have been pushing him to do the best. Carlos Sainz and Charles Leclerc seem set to take up the future of F1.

F1 seasons are split into 22 race weekends, with each round being hosted in a different country. The rounds commence with three practice sessions before Saturday qualifying and the major race going down on Sunday.

Latest F1 Betting Odds Update

For the first time since the release of the 2021 Drivers Championship odds, Lewis Hamilton is not favourite to win this season’s title. The seasoned British driver has been overtaken by Max Verstappen and is now ½ favourite.

Lately, Hamilton has not been at his best and is currently 6/4 favourite to win the title with BetVictor. The start of July saw the commence of the Australian GP. Lewis Hamilton is looking forward to British GP set to happen mid-month, where he is looking to get back on track. The month will round off in Hungary, where the 11^th round of the season is set to take place.

F1 Betting Offers and Enhanced Odds

You will experience no problem finding F1 betting odds and enhanced bets at SafeBettingSites, including free bets no deposit offers. The site works in tandem with the best sportsbooks to bring you profitable F1 betting odds.

Besides offering enhanced betting odds, these sites will go an extra mile to offer the best F1 betting tips – charting all ups and downs. With the right bookmaker, you can enjoy a plethora of enhanced Formula One betting odds.

Reading F1 Odds Market

The odds of winning wagers in F1 will require you to select a winner for the specific race in question. Valtteri Bottas, Max Verstappen, and Lewis Hamilton are the most popular choices. There are alternative betting markets for every race, including Top 2 and 3 (Podium Result) as well as Top 6 and Top 10 Drivers.

You can bet on a winning team in other instances, selecting the automobile manufacturer to win instead of individual drivers. Other common F1 wagers include Drivers to Classify, Safety Car Appearance, and Driver Matchups.

With the Safety Car Appearance wager, you are required to select whether the safety car will make an appearance in the circuit. This type of wager is more popular for narrow circuits where wrecks are almost inevitable. However, it is important to note that Safety Car Appearance wagers are different from Virtual Safety Car Appearance wagers. For the latter, a virtual safety car is deployed on the circuit in question rather than the real one for low-damage crashes.

Driver to Classify wagers allows punters to choose drivers that will finish or fail to finish the race. On the other hand, Driver matchup wagers will pair two drivers, and the bettor is required to make a wager on the driver that will finish the race in a superior position.

Formula 1 Betting Markets

The average F1 Grand Prix comprises several events that you can wager on. Depending on the bookmaker, you can place a bet on head-to-head, which typically means that you can pick which team from a duo will outperform the other in a single grand-Prix. When neither team manages to complete the race, the winner is the car that has completed the most laps.

You can decipher the other types of F1 bets from the list of open markets discussed below. Here are some of the most popular F1 betting markets globally:

• Race winner
• Manufacturers’ Championship Winner – predicts the team that garners the most points
• Drivers’ Championship Winner – Place wagers on the diver that collects the most points in the entire season.
• Fastest lap in the race
• Fastest Driver in Practice
• Points Finish – drivers finishing in the top 10
• First retirement in a race
• Podium Finish – drivers finishing in the top 3

Formula 1 betting odds are released a race at a time. It’s also worth noting that different sportsbooks offer different betting options. Therefore, you should take the time to assess the bookie’s market diversity before signing up. The odds will also vary from one bookmaker to another.

F1 Betting Tips: Odd Influencers

Some of the factors that one should consider before placing an F1 wager include:

Performance – Has the team in question struggled with reliability in the past? Has it had lots of retirement in the past? Answering these questions correctly will help you make informed decisions.

Practice – observing this factor closely will help you find out how a team or individual driver is coping with the track conditions. Making these observations will offer a glimpse of who is most likely to qualify for Sunday’s race.

When betting on a race winner, the Grid is vital to understand where the driver will be starting from. Track position is another critical determining factor.

The Venue – Every F1 circuit is unique and offers different challenges. Some will require advanced skills (the street circuit in Monaco, for instance), while others are more likely to favour the fastest cars.

The Form – You want to know who has been performing well in the current and previous seasons. This data will guide you on arriving at the individual or team that’s most likely to win the race.

From the foregoing, there are numerous options when it comes to F1 betting. Therefore, be sure to keep an eye on the latest and most profitable F1 betting odds and promotion offers. After finding an offer or odds that seem appealing to you, proceed to the bookmaker of your liking and place the appropriate wagers.