Motorsports Betting

Motorsport betting has so much variety. Punters can bet on any motorized competition event, be it on land, water or air. They can bet on two-wheeled automobiles or four-wheelers. Off-road or track. Even among cars, there is a lot of variety to bet on.

The 'best' motorsport to bet on, therefore, is largely a personal preference. It can be determined by one's favorite sport, a sport they understand, or simply a sport they feel lucky betting on. Here's a look at some forms of motorsport betting:

Open wheel sport betting

Formula racing involves vehicles with wheels outside. The most popular is formula one racing, which is also the most bet on in the category. Unknown to many, however, there are others like Formula 3, Formula E, and customized series like Formula Ford. There is one event that everyone has heard about before: Formula 1 World Championships. This is a huge Formula One tournament, where the best drivers from the world gather to compete for being the best of the bests.

Enclosed wheel motorsport betting

This is betting on races like the Rally, Tour Car racing, Sports Car Racing, and Stock Car racing.

Other races to bet on

Motorcycle racing is also a widely popular form of motorsport to bet on. Boat racing also attracts significant interest from bettors, sports betting tips experts, and betting companies. More recently, new kinds of motorsports to bet on are emerging. They include lawnmower racing, kart racing, truck racing, and drone racing among others.

Any bettor who knows what sports betting is should have no problem with betting odds. This is the probability of a player/team winning a sports event. Weaker players/teams have a low probability of winning. Betting on them is high risk (high odds) but the return is high (big win) if the bet goes well. However, the chances of losing are just as high. The reverse applies.

Calculating odds

Usually, motorsports betting odds are produced by bookmakers. Bettors are only presented with ready odds to pick from. It is possible to calculate odds but the complex math does not change what bookmakers offer.

Instead, an analysis should be based on determinant factors. What, for instance, is a particular driver's record in the competition? In Formula One, Lewis Hamilton is always a good bet. Players should also look at the opposition. Some racers tend to perform well in certain venues and not others. Issues like injuries or new car modifications may also change odds in the lead-up to a race.