Updated Updated: October 16, 2019

Motorsports Betting Guide | Where and How to Bet Explained

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About Motorsports

There’s nothing quite as exhilarating as watching dozens of racing cars
zooming around a track determined to finish the race in first place.
Motorsports are hugely popular, with big-name events, tournaments and
competitions attracting millions of viewers from around the world and
generating millions in profit. The more technology progresses and the more
advanced the racing cars get, the more hooked on motorsports people get.

While betting on motorsports is perfectly accessible to newbies, it has
enough depth to it that it appeals to hard-core sports betting fans as well. It
isn’t just an individual racer that’s responsible for a win: it’s the car
itself as well. If a really good racer’s going to do well, he needs to be
driving a really good car, i.e. a car that’s been expertly designed and
painstakingly manufactured, with excellent performance capabilities and a
meticulous maintenance schedule. The team who develop the car are in many ways
just as responsible for any wins the car notches up as the drivers who race the
cars around. Motorsports get really exciting when the top racers are paired
with cars by the top manufacturers.

Betting Markets Available

Looking to place bets on motorsports? You’re in luck because there’s no
shortage of events for UK residents to bet
on. There are lots of major-league racing tournaments and competitions taking
place throughout the year. No matter what time of the year it is, there’s
pretty much always a big racing event to bet on just around the corner!

Below are some of the biggest international motorsports events you can
bet on at UK bookmakers. Whether you’re betting offline or online, you should
find plenty of options available.

            –           Formula
One: This is the world
‘s largest and most popular motorsports racing
organisation in the world. The F1 Grand Prix races see many of the world’s top
racers and teams come together to compete at some of the most iconic race
courses in the world. The winding streets of Monaco are perhaps the best known
of these. Cars are single-seat and open-wheel. There’s so much to say about F1
that we have an entirely separate page dedicated to it.

            –           NASCAR: Though NASCAR isn‘t as popular in the UK as Formula One, it still
attracts plenty of bets from UK motorsports fans. NASCAR’s stock-car races are
in fact the second largest sporting event of any kind in the US, after only the
NFL. The races are broadcast in some 150 countries, with the Daytona 500 the
brand’s best-known event by far. This thrilling 500-mile race is held annually
at the Daytona International Speedway at Daytona Beach, Florida, and is the
biggest of NASCAR’s many races by far.

            –           IndyCar: What sets IndyCar races apart from other big-league races is the fact that
there
‘s more of an element of danger. The courses are often more challenging,
the cars faster and the races a lot closer. In recent years, there have been
efforts to make the organisation’s races safer, though they’re still just as
thrilling to watch. The big IndyCar event is the Indianapolis 500-Mile
Race, which remains to this day the longest-running automobile race in the
world.

Types of Bets

If you’re keen to bet on motorsports, have a look at the different
betting options available before getting your wagers placed. The line-up of
available bets will of course vary depending on where you’re placing your bets.
Here’s an overview of some of the main bets you’ll find at many top UK bookmakers:

·
Direct Bet: You can place this type of bet before the competition starts and you‘re simply betting on a single driver to win outright.

·
Complicated Bet: For this, you‘re betting
on which racer will earn the most points from taking part in various different
international championships.

·
Podium Bet: This bet has you predict which racers will
come in 1st, 2nd and 3rd place

·
Fastest Lap: For this bet, you‘re simply
betting on which racer completes a lap of the race track in the fastest time.

·
Matching Bet: Pick two or more drivers and predict
what order they finish in.

·
Non-Finish Bet: This bet involves predicting that a
particular car won
‘t make it past the finish line due to driver error or
a mechanical failure of some kind.

 

Remember that with motorsports, there’s not just the driver to bet on.
Most tournaments offer rewards to the manufacturing team as well as the racer.
You’ll find that pretty much every UK bookmaker will offer bets on both the
manufacturer and the racer. This makes betting on motorsports all the more
exciting.

Any good UK bookmaker will offer a broad range of betting options
covering all the major competitions and plenty of other big-name leagues as
well. You should be able to find an online sportsbook with enough betting
options to suit your needs easily enough. Shop around until you find one with
all the motorsports betting options you need. If you’re betting offline, don’t
just settle with what your local bookmaker has to offer. There may well be
other bookmakers in your area that offer more betting options and better odds.

Most bookmakers have a mobile site that lets you place bets while on the
go. If you really want to keep up with the latest goings-on and not be out of
the loop, it’s a good idea to visit a mobile sportsbook while you’re out of the
house. Some sites even have their own app you can download onto your smartphone
or tablet, so long as it runs on the iOS or Android operating systems.

Betting Odds

If you’re going to be placing bets on motorsports, it helps to know how
the odds work. There are three main ways in which odds are represented: as
fractional odds, as decimal odds and as moneyline odds. In the UK and Ireland,
it’s fractional odds that are used the most often by bookmakers, both online
and offline. Let’s have a look at how this works.

Fractional Odds

With fractional odds, the odds are represented as two whole numbers
separated by a slash, e.g. 4/1. The number on the left represents your
potential winnings in relation to your stake, which is represented by the
number on the right. Let’s say you place a £1 bet with odds of 4/1. Should you
win, you’ll receive your £1 back along with £4 in winnings, for a total of £5.

For a lot of fractional odds bets, the number on the left is bigger. If
this is the case, you’ll stand to win a sum of money greater than your initial
stake. However, if the number on the right is bigger, you can still win, of
course, but the amount you’ll win will be smaller than your initial stake.

Let’s say you place a £10 bet with odds of 1/2. The ‘2’ refers to your
stake and the ‘1’ refers to your potential winnings. Should you win, you would
receive your stake back, along with £5 in winnings, for a total of £15.

There are two other types of odds: decimal and
moneyline. Even though these aren’t as commonly used in the UK and Ireland, you
may want to learn how these work. Many bookmakers will let you switch between odds formats so
you can use one that suits you the most.

Decimal Odds

You’ll find decimal odds used most commonly in Australia and New
Zealand, as well as in Canada and throughout Europe. These odds are represented
as a whole or decimal number (hence their name) and take into account your
stake as well as your winnings. The number represents the total amount of money
you’ll receive in relation to your stake once you’ve parted with your stake. Let’s say you place a £1 wager on a bet with odds of 2. Should you win, the
total amount of money you’ll receive will be double your initial stake.
Therefore, you’ll have made a profit of £1.

If the odds are a decimal number, they work in the same way. If you
place a £1 wager on a bet with odds of 1.25 and you win, you’ll receive £1.25
and will have made a profit of £0.25.

Moneyline Odds

These odds are favoured by American bookmakers. They’re represented by
either a positive or a negative number.

If it’s a positive number, this refers to how much money can be won if
you place a $100 wager. So, for example, if you place a $100 wager on a
motorsports event with odds given at +200 and you win, you would receive $200
in winnings and your initial stake, for a total of $300. Positive numbers are
only for bets with odds better than evens.

If it’s a negative number, this refers to how much money must be wagered
in order for you to win $100. Let’s say you want to place a wager on a
motorsports event. If you find a bet with odds of -200, this means you would
have to bet $200 in total in order to win $100. Negative numbers are only for
bets with odds worse than evens.
 

Betting Strategies and Tips

It’s worth pointing out that motorsports, in general, can be quite a
fast-paced and unpredictable sport to keep up with. It’s not unheard of for
favourites to underperform and for outsiders to emerge victorious. Then again,
there are some big-name drivers who have given solid, reliable performances
over their careers and are pretty safe to bet on.

Don’t just pick any random racer and bet on them; instead, do plenty of
research so you’re more likely to back a winner. Again, motorsports racing can
be unpredictable, but the more you know about the sport and its races, and the
more up-to-date you are with the latest goings-on, the better decisions you’ll
make when placing your bets. Read up on the racers, find out who’s expected to
do well and how racers taking part in the event you’re betting have been faring
recently in other events.

The weather conditions
during a race can have a significant impact on its outcome. Some drivers might
be hampered by the rain, while others might be perfectly comfortable driving in
the rain. Likewise, some cars might be at a disadvantage when driving in the
rain, yet there may be others that actually perform better in the rain. Before
any racing event you’re betting on, keep up to date with the local weather and
keep a track of it once the race gets underway.

Look at what lots of different bookies are offering. You may find a site
offering better odds than the one you’re currently signed up to. If you’re
going to be serious about making money from motorsports betting, you’ll want
the best odds possible so that if you win, you get the greatest return on your
stake.

When it comes to deciding how much money to bet with, it’s a good idea
to spend most of your budget on safer bets. Place money on bets with better
odds and you’re more likely to see a return. However, you may fancy wagering on
racers that don’t necessarily have the best odds. If you’re going to do this,
you should probably still focus on the safer bets and set aside a smaller sum
to place on the racers less likely to win.

Conclusion

So if you’re keen to place bets on motorsports, you’re in luck. UK
bookmakers, both brick-and-mortar ones and online ones, typically offer lots of
different betting options covering all the major competitions and more. The
sport is especially popular with several large international organisations
holding huge competitions throughout the year, so there are always bets to be
placed. There’s a lot to this sport, so reading up on it and gaining some
knowledge can help you make better decisions and ultimately score some winning
bets. Motorsports are some of the most fast-paced, exciting and
adrenaline-pumping sports out there, even if you’re just a spectator. They’re
highly competitive and at times unpredictable, so betting on them can be a lot
of fun indeed. 

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