If you are someone who is in for some challenging experiences motorsport betting is the one for you. Most of the top betting sites provide vast ranges of motorsport betting, but it is important to know how to place bets and where you can find international sports websites, luckily players can easily find a great article that describes the details. Motorsport betting can include F1 Cars or rally cars.
It can also include dirt bikes. Motorsports is the best for live betting and it is one of the sports with the highest odds available. Motorsport betting is a betting game where you have to bet on the car that one believes is the fastest one. And that’s it. It is estimated that the sports betting market will garner $144.44 billion dollars by the year 2024. ESports alone generated around $650 million dollars in 2017.
Top Tips to Use While Betting in Motorsport Events
Bet on the Fastest Lap
It is a common error with new betters who think that the fastest driver will win. But that is not always necessarily true. Rather, it is a surprising fact that the fastest lap of the day is not done by the best driver or the best car. The winner is someone who knows all the tricks. They should know when to strategically slow down to preserve the tires or the fuel and also their position. The only thing they have to keep in mind is to not allow the second-place driver to pass by.
This is mostly done by the race leader and he comfortably wins. But the fastest lap might be done by the driver further down the field. The racer in order to catch up will speed up and will clock in much higher lap times than the top three racers. This is what the better needs to keep an eye on. Sometimes it is smart to bet on underdogs on whom most people would not bet. In live bets, you can have a chance of winning a double bet, that is you can bet on your favourite who normally wins, and on top of that, you can bet on a driver that you think will have the fastest lap of the race.
Know the Driver’s Financial backing and Owners
While making your decision as to whom to bet on, it is crucial that you have prior knowledge about their owners. Most of the time, the best driver belongs to an owner and has financial support and a team supporting him. Keep a record of their track speed and see if they are performing consistently.
Opt for Matchup Bets
A Matchup bet is where you have two choices of drivers and in between them, you have to choose one. So eventually it does not matter which driver finishes even if they complete the race. What matters is which driver ends with a higher track record than the other one. So, your chance of winning a bet will increase since now you have to pick one driver out of two while in most cases, betters have to choose out of the total.
The other types of bets in motorsports include:
● Podium finish Bets
● Pole Position Bets
● To-Win Bets
● Stage Winner
Bet but be Responsible
To improve your chances of winning, you can place bets on different varieties. But do remember to not place bets over your budget and always learn about responsible gambling and how it develops. Nowadays, many companies cooperate with gambling companies and promote responsible awareness. If you do that, there can only arise problems. It is better to always be in control and bet only the amount you can afford to lose.
Weather
This is often an overlooked strategy but the truth is, believe it or not, weather plays an important role in ascertaining who will win. It can degrade or improve the driver and the car’s performance significantly. In motorsports, the cars used can get affected due to the weather. The two main categories of cars are tires. They are slicks and rain tires. And accordingly, the quality of performance changes. So, analyzing the weather conditions before betting on a car has proved useful.
News
Keep an account of motorsport news and be up to date with online websites providing motorsport betting and see which car is gathering the most interest. Or you can also keep an eye out for the underdogs.
Final thoughts
Motorsport betting is one of the best options when you want an adrenaline rush, but it is not as profitable as you can imagine. And playing on international sportsbooks can bring you lots of benefits, but also some drawbacks. Also, there are already established markets and also up-and-coming ones every day to provide you with a wide range of motorsports and betting. But it is also crucial to avoid gambling uncontrollably and practice Responsible Gambling. Always remain within your budget and stop when you cross the limit.