Motorsports Betting: Beginner’s Guide

Motorsports is gaining increasing recognition all around the world, with large numbers of competitions being held every single year. If you wish to bet on this adrenaline-filled sport, it is safe to say that there are plenty of opportunities to explore, from MotoGP, F1, and NASCAR to the 24 Hours of Le Mans and IndyCar Series. We are here to guide you through the almost endless array of opportunities, and share some insider tips to help you place more informed bets!

An extensive lineup of competitions and betting markets

Motorsports is an umbrella term covering several different sports which involve the use of motorized vehicles, such as rally racing, speedway, and motocross. Therefore, there are plenty of events to bet on and thus also a plethora of betting markets and odds to choose from! Most sportsbooks cover the most popular competitions, such as Grand Prix motorcycle racing (MotoGP), Formula 1 (F1), NASCAR, the IndyCar Series, and Dakar Rally.

During these prestigious races, you usually wager on the winner of the race, which driver will earn the most points during a championship, and who will finish in the top 3. However, other slightly more unusual betting markets are usually also offered, so before signing up with a particular sportsbook, it is a good idea to check out the offerings!

Wagering strategies that work

If you have decided to bet on motorsports, there are a few strategies you can use to boost your chances of winning. But do remember that betting is a game of chance, so you are never guaranteed to win.

Check the track

One of the most vital elements of motorsports is the tracks on which the races are held. This is why it is important to check the tracks in advance to make more informed bets. It does not matter whether you use a valvoline $20 oil change coupon and drive there to check the track in real life or if you analyze the track according to information on the web, as long as you are well-versed before the race.

Analyze drivers

Of course, you need to know a lot about the drivers participating in the race, otherwise, you will not be able to figure out which odds are favorable. Review things like past performances, daily form, and how they compare to their competitors.

Check the weather forecast

Finally, you should check the weather forecast on the day of the race. This is because tough weather conditions have a significant effect on some drivers, as some cars perform better in extreme conditions than others.