US racecar fans are crazy about NASCAR, but F1 has been consistently gaining steam over the past decade, no pun intended. It holds a passionate fanbase all around the world who tune in for every edition. Miami is the first race happening in the States and is expected to have bettors from around the world looking to place wagers on their favorite, be it Max Verstappen, Lewis Hamilton, or the up-and-coming Lando Norris.
In 2021, the sport’s season ended with a dramatic duel between Lewis Hamilton and Max Verstappen for the championship. The two men went into the Abu Dhabi Grand Prix tied with each other. Max was hoping to win his first world title, while Hamilton was looking to secure his fourth consecutive championship.
The upcoming season in 2022 promises to be even more exciting due to the various rule changes that will be implemented. If you’re looking to bet on the F1 Miami Grand Prix this May, here are a few markets you should know about.
1. Formula 1 Race Winner
One of the most popular types of bet that fans can make is on the outright winner of a race. Hamilton and Verstappen have been the favorites in every race in the past. During the first race of the season, Hamilton is listed as a heavy favorite to win the event. For the other drivers, it’s usually a heavy underdog.
For instance, if you bet $150 on Hamilton, you would need to return $100 of your original investment to win $100. On the other hand, if you placed the same bet on Verstappen, you would need to return $10,000.
2. Betting On The Fastest Lap
If the race goes fast, the drivers who finish in the top 10 can secure bonus points. These points can be used to win the championship. If you’re not sure who will win the race, but like how the team’s car is performing, you can also bet on which driver will have the fastest lap.
3. Wager On Finishing Position
Since there are a lot of talented drivers in the race, it’s rare for one of the drivers to take the lead on the podium. This season, Ferrari and McLaren fought for third place. If a driver impresses you and you think they can make the podium, you can bet on them finishing in the top three.
If you’re unsure about a driver’s potential to win the race, you can also bet on them finishing in the top six. Some sportsbooks offer more variety in their betting options.
Find The Best F1 Betting Sites On Betting Sites Ranking
This year’s F1 season looks as exciting as ever, with several big-name players taking part. It can be anyone’s race at this point, but ample research can help you make the right bets. If you’re looking to add excitement to your F1 race viewing experience, there’s no better way than to bet online.
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