Formula 1 US Grand Prix Betting Guide

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Posted: August 1, 2023

Updated: August 1, 2023

The Formula 1 is one of the most watched and loved sports in the world. It is all about racing, however, even if you are not the avid car fanatic, it is a fantastic way of tuning in, as the competition has plenty of excitement to offer. One of the most enjoyable things about the F1 is the Formula 1 US Grand Prix Betting markets, which offer a diverse range of markets for players to bet on. The US racetrack is one of the most difficult in the season, making it a thrilling encounter for all to enjoy. Continue reading to learn more.

The Formula 1 is the most esteemed racing competition in the world. It is known for hosting a variety of racetracks and sponsors, with the best drivers in the world. In this article, we learn more about Formula 1 US Grand Prix Betting as we look to dissect the racetrack and the available betting markets.

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Formula 1 US Grand Prix Betting: An Introduction

The US Grand Prix is a classic motor racing event that has been featured on and off since 1908. It has been held in different cities over the years including in Long Island, New York, in Riverside, California, in Phoenix, Arizona, in Indianapolis, Indiana, and finally in Austin Texas. In Texas, the race is run on the Circuit of the Americas, a 5.5km motor racing track that was designed by Herman Tilke, who has designed a number of other racing tracks such as the Sepand circuit, Shanghai circuit, Yas Marina circuit, Istanbul circuit, Bahrain circuit, Yeongam circuit and Buddh circuit.

Currently, Lewis Hamilton holds the record for the most wins, with 6 wins in 2007, 2012, 2014, 2015, 2016 and 2017. Michael Schumacher is the second most successful driver here, with 5 wins in 2000, 2003, 2004, 2005 and 2006. Graham Hill and Jim Clark have won three times at the US Grand Prix, and drivers David Bruce-Brown, Jackie Stewart, James Hunt, Carlos Reutemann and Ayrton Senna have all won twice here.

Formula 1 US Grand Prix Betting Markets

Formula 1 races can be incredibly dramatic and highly exciting to watch. It is the most popular motorsports and whilst having a huge fanbase in Europe and South America, mostly in Brazil, the sport is picking up a lot of interest in the rest of the world too.

Formula 1 US Grand Prix Betting
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The spike in interest brings about a lot of opportunities to place bets, allowing fans to watch their favourite drivers whilst placing side bets. There are a lot of different outcomes to each race, as any driver can suddenly take initiative and win, meaning that the odds offered for even the most standard bets can be very high. Here are some of the most common Formula 1 bets as well as a handful of more intriguing ones that can be hugely fun to try out.

Race Winner

Bets can be placed on any of the competing drivers to win. Odds will be offered for each individual driver, and punters can place money on any of the contestants. Fans who have watched a lot of Formula 1 and know the contestants well, or know the US Grand Prix well have an advantage, but a lot of this information can be researched by punters who want to try to make a more calculated bet.

Podium Finish

If the drivers are too evenly matched, bettors can try the podium finish bet. Here, a driver will only need to finish the race in the 1st, 2nd or 3rd place for the bet to win. The odds will be lower than the bet on the winner, but the risk will be significantly lower. The best way to take advantage of podium finish bets is to look for a racer who is not a title contender but looks like a strong option for finishing in the top 3.

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Correct Finishers

Podium finish bets are safer bets than the race winner bets, but there is also a bet which is far more difficult to predict. Bets for which drivers will finish in 1st and 2nd place, or 1st, 2nd and 3rd place, in the correct order are incredibly specific bets.

These bets are usually offered by the sportsbook in high profile races where there is a clear title contender or contenders, and so the punter has to predict in what order they will finish in. In case of prediction of the top 3 in the correct order, this will be trickier, although the bet comes with astronomical odds, making it a favourite amongst the more adventurous punters.

Which Car Will Win

In Formula 1, all of the driving teams compete with different car manufacturers. The cars themselves are as famous, if not more, than the drivers and these include car suppliers such as Aston Martin, McLaren, Mercedes, Ferrari, Red Bull Racing and more. In each Formula 1 world championship, each team will have two drivers, usually one of these drivers will aim to become a title winner and the other will be there to win in races where the title contender may struggle.

These teams are used to try and propel one driver forward, whilst the other wins at the circuits where the first driver may struggle, or have time deductions in a race. The secondary driver will make sure that the competition does not close the gap, so they are a very important part of each team.

Punters can bet on the different driving teams to win, a bet that allows fans of one car to freely place money on their preference and not worry about which driver wins the race.

Fastest Lap

Bets can be placed for which team, or driver makes the fastest lap. This bet is a bit more difficult to predict than the other bets as any driver may make the fastest lap at any time during the races. However, this bet comes with some fantastic odds and is an attractive side bet for punters who may feel like making a guess on who they think will make the fastest lap.

Live Bets

Bets can be placed during a race as well as before. The odds of the live bets will be updated in real time, meaning that as certain drivers emerge as the leaders in the race, their odds will fall, whereas drivers who fall behind will have increased odds. Punters can use this to their benefit and choose moments when the odds on their driver are highest.

One great way to keep informed during a race is to have a live stats table nearby, or to listen to the commentary. Statistics such as weather conditions, the timing of each lap, when will the driver make a pit stop and more can help with making winning live bets.

Where to Play?

One of the questions that may spring to mind is where you will find all of these betting markets. Thankfully, that is where we are here to help you. You can find a variety of online sportsbook sites in the US, offering the best odds on the Formula 1. The Formula 1 US Grand Prix betting markets are a strong contender to be considered as the most popular in the year. It is also one of the races that attracts millions of viewers worldwide as the racers compete in one of the toughest conditions during the season. One of the best options for you may even be Vave Sportsbook.

The Bottom Line

The Formula 1 US Grand Prix betting markets are some of the most entertaining in the sport. You will find a variety of markets to play, including the ones listed above. If you ever need any assistance on tips for the competition, you can always head on over to our online sportsbook news in the US for the latest on how to bet and on upcoming competitions.

Click here to try the best odds at Vave Sportsbook 

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