Formula 1 Betting Offers & Sites
Formula 1 is one of the most watched sports in the UK. It might seem a rather easy sport if you are watching from TV, but in reality, it is one of the hardest one on the planet.
Betting on Formula 1 is very popular indeed. Not only punters can wager on the qualifiers rounds but also during the 2-hour long race. As you would expect there are lots of different betting markets available as you can bet on the outright race winner, fastest lap, pole position winner, top 10 finish and lots more.
Formula One is a rich sport that has plenty of revenue and advertising deals. Bookmakers are very keen to get involved in the sport and in recent times they have increased the betting offers available as more cars have a chance to win compared with the past.
F1 Bonuses, Specials & Free Bets
F1 Odds Boost Offers
Since a small group of drivers and cars have dominated in the last few years there haven’t been too many betting offers on Formula 1. Ladbrokes, however, is an exception as you can use odds boost promotion and associate it with Formula One. With odds boost you can enhance the price of any bet you like up to £50 every day. All the winnings will be paid on cash.
Since Ladbrokes have a huge amount of betting markets on Formula 1, it makes complete sense to use their odds boost offer to add value to your wagers on this sport where there aren’t too many dedicated promotions. More details here.
Profit Boost Formula 1
888 Sport are one of the best betting sites when it comes to getting promotions, competitive odds and range of betting markets on the Formula One.
In the last season, they offered a profit boost for the race if you were wagering on the qualifiers.
Any 888 customers who opted in the Friday for the Formula One race of the week and placed a £10+ bet on the qualifiers (1/2+ odds, any markets) would get a 25% profit boost on the actual race.
The profit boost was available in your bet slip and could have used on any bet up to £5. You could have also bet more however the profit boost would only apply to £5. If you were able to win you would receive an extra 25% in cash on that £5 stake.
The beginning of Formula 1 can be traced at the end of the 19th century when automobile racing started in France in several cities. The races were taking place on public roads and safety was a concern. It was only in 1922 that the Commission Sporting Internationale was set up and tasked to regulate the sport. In 1946 they declared Formula 1 to be the premier single-seater racing in the world. Initially, Formula 1 was dominated by the Italian cars but after 1950 the Germans started to compete a lot more intensely.
That was the time when Ferrari started to dominate in Formula 1. In 1953 it was organised the first Grand Prix outside Europe that took place in Argentina.
Formula 1 Rules and Format
Formula 1 can be split into two main competitions that take place over the season. The first one is for the drivers (Drivers Championship) while the second one is for manufacturers (Constructors Championship). The season starts in March and finishes in November and there are around 20 race tracks involved. The races are on weekends and they do involve 3 different practice sessions (2 qualifying race, 1 race). The result of the qualifying session on Saturday determines the grid of the race on Sunday.
The race itself it last maximum 2 hours apart when there are accidents and therefore everything slows down. Points are assigned depending on how the drivers and cars end the race.