With increase in the number of motor sporting events like F1 racing, NASCAR, Sprint Cup Championship, kart racing, hovercraft racing, WRC, and air racing, the trend of motorsports betting has also gained momentum. Now, we have numbers of options for betting on wide range of motorsports events. So, let us provide more information about them.
Basics and Types
All types of motorsports events have more or less the same basic rules, and so are the betting rules. In all types of motorsport events, you have to place your bet on the player or team you think would win the game. If your prediction turns out to be true then you will earn an amount either equivalent to the bet amount or even more than that, or the winning rate set by the bookmaker. For making the prediction, you can either go through the past records of the players or you can analyze the lap times, test races, and sector time of each and every racer. Below are some of the types of motorsports betting:
Outright bet: This is the most common type of bet that involves placing your bet on the racer you think would win in the entire tournament.
Head to Head bet: This bet involves two racers, and you have to predict the winner among them. It offers high winning odds.
Handicap bet: It is almost similar to outright bet; the only difference is that a point is added to the underdog side.
Fastest lap bet: You have to place your bet on the racer who think would make the fastest lap.
Top 3 bet: This is quite understandable; you have to place your bet on a racer you think would make into the top 3 positions.…