If you’re new to motorsport betting, the sheer number of bet types can be daunting. Which ones offer the best chance of making a profit? And how do you go about choosing them? Don’t worry. In this article, we’ll look at the four types of bets most suitable for any rookies in motorsport betting. We’ll also explain how to place each type of bet and give tips on improving your chances of winning. So read on and discover everything you need to get started in motorsport betting today.
Outrights
First off, let’s start with the easiest and most popular type of bet for motorsport beginners – outright bets. As the name suggests, an outright bet is simply a wager on which driver or team will win a race or championship. Outright bets are available on all major motorsports, including Formula One, NASCAR, and MotoGP. There are two main types of outright bets. Those are the win bet and the each-way bet. A win bet is simply a bet on which driver or team will come first in a race or championship.
On the other hand, an each-way bet is a bet on which the driver or team will finish in the top two, three, or four positions of a race or championship.
Matchups
The next type of bet we’ll look at is the matchup bet. As the name suggests, a matchup bet pits two drivers or teams against each other in a head-to-head battle. The most common matchup bet is the points handicap, where one driver or team is given a points advantage over their opponent. For example, in an F1 race, if you bet on Lewis Hamilton with a -0.50 points handicap, he would need to finish the race ahead of his rival Sebastian Vettel by more than half a point to win your bet. Matchup bets are available on all major motorsports.
Qualifying and Poles
Qualifying or pole position bets are another type of matchup bet. However, instead of pitting two drivers or teams against each other, qualifying bets pit a driver or team against the clock. The aim of these bets is to predict which driver or team will set the fastest lap time in qualifying for a race. Qualifying bets are available in all major motorsports. Pole position bets are similar to qualifying bets. However, instead of predicting which driver or team will set the fastest lap time, pole position bets involve predicting which driver or team will start the race from the pole position. Pole position bets are available in all major motorsports as well.
Podiums
If you’re more into a bettor who’s into long-term profits, then podium bets are for you. Podium bets involve predicting which drivers or teams will finish on the podium in a race or championship. The top-three finish bet is the most common type of podium bet, where you predict which drivers or teams will finish in the top three positions. You can try out this form of bet in the NASCAR and F1 race.
As a rookie in motorsport betting, those are the four types of bets that we recommend you try out. Of course, many other types of bets are available. Still, these four should give you a good foundation for building your betting strategy. Keep in mind that no matter which type of bet you choose, the key to success is to always do your research and never bet more than you can afford to lose.…