Motorsports Betting 101
The earth-shattering roar of motorsports is music to the ears of racing fans. And these days, motorsports betting is all the rage, too. You can bet on motorsports in many states, but before you place your wagers, take the time to learn about the fundamentals of motorsports betting so that you can manage your bankroll intelligently.
Start by choosing a trustworthy sportsbook with fair odds. At BetRivers Online Sportsbook, you’ll always find easy deposits and withdrawals, friendly 24/7 customer service, and an easy-to-use interface that makes betting fast and fun. You can even watch many races live right on your smartphone after you place a bet!
Most top sportsbooks provide a huge range of motorsport betting opportunities throughout hundreds of markets. It doesn’t matter if you prefer cross-country challenges of rally car racing or dirt bikes, or the high-tech innovations of Formula 1 competition.
Whether your new to motorsports betting or you’re a savvy and experienced bettor, you can always learn more about these thrilling races. Check out some basic tips and betting strategies below.
When it comes to motorsports wagering, keep in mind that there are a mind-boggling number of events throughout the year. You can bet on:
NASCAR races – and NASCAR betting – are extremely popular in the United States. This auto racing organization was founded all the way back in 1948, and now, the races are broadcast in over 150 countries. BetRivers Sportsbook updates its NASCAR odds continuously throughout the season to give you plentiful betting options.
Indianapolis 500 Betting
This event is so momentous in the U.S. that every bettor wants a piece of the action. It’s the Indianapolis 500, and each year it draws hundreds of thousands of spectators in a wild frenzy that resembles a carnival. You can bet on the Indy 500 with futures, props, moneylines and more. You’ll find live betting is popular on the day of the race, too.
Formula One Betting
Formula One, or F1, is the cream of the crop in auto racing, as it’s the top class of international auto racing for single-seater formula racing cars. Each event is sanctioned by the Fédération Internationale de l'Automobile. First started in 1950, it features world-class drivers operating the fastest cars in racing, some of which can reach speeds of more than 200 miles per hour.
Grand Prix motorcycle racing is the top class of motorcycle road racing events in the world. Each event is sanctioned by the Fédération Internationale de Motocyclisme. In some cases, these riders can exceed speeds of 200 miles per hour, making for incredibly exciting races. The MotoGP Championship is divided into three different classes: MotoGP, Moto2 and Moto3.
How to Understand Motorsports Odds
You can see at a glance which competitors are favored and which are underdogs in an event. A minus sign (-) indicates a favorite, while a plus sign (+) designates an underdog.
Motorsport betting changes constantly. Thanks to high-speed computers, new markets are displayed within seconds. That makes racing ideal for live betting, and you can watch live and bet live on your mobile device with BetRivers!
You can also bet on which competitor will be the overall champion for the season. Drivers win this title by accumulating the most points over the course of a racing season.
Motorsport betting often features some of the highest odds that you find at sportsbooks. That means these markets are filled with potential value for savvy bettors.
Motorsports Betting Tips
Like the idea of betting on the fastest lap? You might assume that race leaders are safe bets for the fastest lap, but that’s not always the case. Racers at the back of the pack may desperately accelerate hoping to get back into the race, and in doing so, they often log the fastest laps.
Another point to understand about fastest lap betting – race leaders often intentionally slow down when they have a lead. This preserves their fuel, tires, and energy and sets them up for a final dash to the checkered flag.
Read reviews on different tracks, drivers, and teams. Each competitor approaches various races with a unique strategy and motivation. Understanding the circumstances of each event will help you determine which drivers have the best shot at winning.
Motorsports Stage Betting
Some races feature multiple stages, and the action is paused at the end of each stage. You can bet on the winners of each stage, well as the overall winner. These kinds of stage events, which happen in rally car or NASCAR racing, give you even more chances to bet on the excitement.