Formula 1 & Formula E-Betting

Formula 1 does not need a lot of introduction as most of you are already familiar with it, but Formula E might be something you’ve never heard of before. Who would have thought 50, 20 or even 10 years ago that we will be watching electric-powered car racing? In addition, betting on Formula 1 with the help of betting sites has become very popular lately as more and more people watch this exciting sport.

The first Formula E championship began in 2014 and currently counts ten teams and twenty drivers (two per team). It is something completely new to the racing world, and as electric cars have become available to regular people for everyday use, the interest in the series rises.

Betting on Formula Races

Having some fundamental knowledge about the drivers, tracks, constructors, and history sure helps. Michael Schumacher won 5 consecutive world championships with Ferrari, and even though he’s undoubtedly one of the most respected drivers in the history, it was his vehicle that allowed him to storm hundreds of laps and win competitions.

Teams spend millions of dollars each year trying to figure out how to improve the car’s performance and still play by the rules.

The fact that the pole position in Monza 8/10 times allowed the driver to win, while it was just 1/3 for the Montreal race proves that being familiar with all the tracks is important. You don’t want to rush into betting all your money on the guy that is holding the pole position because overtaking is easy on some tracks, or they have low-risk tolerance.

Stay Updated

Stay updated on all the news and changes teams might make, such as signing a contract with a new tire supplier or even changing something about the vehicle.

The FIA often makes new rules or changes the existing ones. This always has an impact on the performance of certain teams as the changes might not fit their current strategy, while developing and establishing a new one takes time.

Talking about strategy, it comes in handy to be familiar with teams and their tactics. The race is hours long, so do not make the mistake of canceling the bet or rushing into a new live one if your pick is not in the lead, as the driver might be saving the tiers and fuel for fewer pit stops or later attacks.

Be Patient and Do Your Own Research

After you’ve gathered enough knowledge about Formula 1 and Formula E, it is time to go online and find a place to bet. Formula E is still not that popular amongst online bookies so you’ll have hard time finding one that actually gives odds for those races, but Formula 1 is available in all major casinos.

Bonus offers, promotions, and odds always change and are different from bookie to bookie, which is why doing your own research might be the best idea until you find the right one.

If you already know what you are looking for, type in the keywords such as “Formula 1 no deposit bonus”, which will most likely provide you with a list of websites that have both no deposit bonus offers and Formula 1 listings.

Gamble responsibly and don’t let betting ruin the enjoyment and fun while watching some of the fastest vehicles in the world compete against each other.