Motorsports betting provides a huge variety of races, as it includes MotoGP, NASCAR, Formula 1, and other leagues. The first competitive motorsport race ever took place back in 1894, when a French newspaper arranged the now-famous Paris-Rouen route. Motorized vehicles made their first appearance at the Olympics in 1900, even though it was for demonstration purposes only.
Throughout the years, the sport developed along with the technology, which provided more powerful engines and safer races. Nowadays we can enjoy magnificent cornering skills of automobile drivers or lightning speeds on F1 and MotoGP tracks.
How To Place Bets
First of all, it is important to understand how the betting system works and what are your options. When it comes to motorsports betting, there is no 1, x and 2 system like in other sports such as basketball or football and gamblers are, in most cases, left with one or two choices to go with.
With one option bets, gamblers can put their money on:
- The winner
- The fastest lap holder
- The exact or an estimate place of a racer
This system is very easy to understand and use, but be careful and always double check the player you have picked. However, even if you made a mistake, some bookies allow refunds.
The second version is pretty similar and will most likely require gamblers to choose between yes or no. For example: “Is Lewis Hamilton going to win a podium place for his team?”.
Just like with any other bet, odds increase side by side with the risk level, which is why some people like the underdog strategy. There are chances that one of the underdogs may finish in one of the top three places, and chasing the bet might bring in some profits to you. Going with the favorites is always the safest way to do it, so go with the most convenient strategy and adjust it to your preference.
Where To Bet
Some of the most popular online bookies in the world have been introducing motorsports betting in the past few years. Even though it still isn’t the most popular category in land-based bookies, the interest for this sport is growing, so is the opportunity to offer motorsports content to its fans, as well as to expand the motorsport industry overall.
There are a few things to always look for when searching for a new online bookie:
- Bonus Offers
- Event Coverage
- Regulations and licences
Hearing people’s first-hand experience about a bookie is sometimes the best policy. If the majority of feedback comments is negative, there is no reason to overlook that fact.
You want to be safe and stress-free when it comes to online gambling. If the website is licensed and regulated by a trustworthy authority, there is nothing to worry about, whilst shady and unregulated places should be avoided.
Bonuses & Promotions
If there is an opportunity to get the chance to spend more money than you have originally invested, why wouldn’t you use it? Or even better, what if there was a way for you to gamble for real money without actually spending any?
Well, all of that is possible thanks to generous bonus offers. In order to get free cash, look for the no deposit bonuses, where all you have to do is sign-up.
Welcome or first deposit bonuses are a great way to get started as well, as you can double, triple or even quadruple your investment.
Keep in mind that all additions and promotions have both in and out requirements, meaning that they are amount or time limited, so make sure to go through T&C before doing anything else.