Motorsports Betting
Betting On Motorsports
Motorsports racing and betting are two of the oldest forms of competition in the world. The minute cars and motorcycles were invented people were willing to race them.
With the infatuation for speed and fierce competition to win the race drivers were joined by bettors trying to get on the action. Online betting on motorsports racing events is extremely exciting and rewarding.
Motorsports betting borrows many of the most enticing elements of horse racing and combines them with unparalleled technology and speed.
You can bet on motor sports races in Europe, United States or around the world via online betting sites.
Best Online Betting Sites 2024
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How To Bet On Motor Sports Racing Online
Motorsports betting online is not much different than betting on any other sport. The concepts and strategies are similar to what you would use when betting on football or horse racing. Most of the time, bettors are wagering on propositions bets or futures using a point spread when betting at online betting sites. Motorsports racing betting strategy will be a little different compared to other sports which you can find out below. However, the mechanics of motorsports racing betting are the same as betting on any other sport online.
- Choose A Sportsbook That Offers Motorsports Betting – Most online betting sites do offer motorsports racing as part of their betting menu. It will be listed in the sports betting section in the top navigation menu where it says “sports.” Check out our recommended online sportsbooks.
- Choose A Race – Just like other forms of sports betting, motorsport betting enthusiasts are in the golden age of online betting. Before you can pick your race driver, you must choose the race you want to bet on. Motorsports races usually happen on the weekends through the year with a few weeks off for the winter holiday and summer vacations.
- Choose Your Race Driver And Bet Type – Now comes the time to place your wager. Choose the race driver you want to bet on then, check motorsports odds and select your bet type. Motorsports racing bets are easy to understand. However, it’s important to understand each bet type before betting.
- Confirm Your Bet – Betting sites usually require a few clicks to confirm a bet. One click to add it to your bet slip, another to place the bet and a final click to finalize the wager. Be sure that your wager amount, motorsports odds, and bet type are correct before placing your bet.
- Enjoy The Race – Once you have placed all your bets relax and grab a beer while you watch the drivers speeding around the track.
Popular Motorsports Races To Bet Online
Motorsports betting online can be done almost every weekend for the majority of the year. There are a few significant race series that garner far more betting interest than the others. Between Formula one, NASCAR or MotoGP there is plenty of action and betting markets to place your winning bets.
Formula One Betting Online
Formula One (also known as Formula 1 or F1) is the highest class of auto racing regulated by the Fédération Internationale de l’Automobile (FIA). The Formula One World Championship has been one of the premier forms of racing around the world since its inaugural season in 1950. The “formula” in the name refers to the set of rules to which all drivers and drivers’ teams must conform. The results of each race are evaluated using a points system to determine championships for drivers and the other for constructors.
NASCAR Betting Online
National Association for Stock Car Auto Racing (NASCAR) is an American auto racing company that regulates and operates stock-car racing series. Its three largest series are Monster Energy Cup, the Xfinity Series, and the Camping World Truck Series. NASCAR oversees over 1,500 races at over 100 tracks in 39 US states as well as in Canada and has presented races at circuits in Japan, Mexico, and in Australia.
MotoGP Betting Online
MotoGP is the premier motorcycle racing World Championship which consists of 19 race series. The world’s most skilled riders line a grid on Aprilia, Ducati, Honda, Yamaha, and KTM motorcycles. MotoGP was established as a World Championship by the FIM in 1949. It is the oldest motorsports championship in the world and consists of three racing classes that take to the track on a typical Grand Prix weekend. The championship is currently divided into three classes: MotoGP, Moto2, and Moto3.
IndyCar One Betting Online
Indy Racing League is an American-based auto racing body for Indy car racing and other disciplines of open wheel car racing. The organization has four racing series: the premier IndyCar Series with its premier event the Indianapolis 500, and developmental series Indy Lights, the Pro Mazda Championship and the U.S. F2000 National Championship. IndyCar is recognized as a member organization of the FIA through ACCUS.
WRC Betting Online
The World Rally Championship (WRC) is a rallying series organized by the FIA, culminating with a champion driver, co-driver and manufacturer. The driver’s world championship and manufacturer’s world championship are separate championships but based on the same point system. The series currently consists of 14 three-day events driven on surfaces ranging from gravel and tarmac to snow and ice. Each rally is split into 15–25 special stages which are run against the clock on closed roads.
Motorsports Odds & Bets Explained
Motorsport betting comes in the form of a moneyline, odds and at times you will also see online sportsbooks offering proposition bets. When you log into your account you will see different odds such as -100, +150, etc. These numbers show you how big of a favorite or underdog each driver is viewed as well as the payout odds you will get if you win the bet. In our race previews and picks, we cover which driver is the best bet to win and why.
Money Line In Motorsports
The moneyline in motorsports betting is simply the prediction of the race outcome either it be the racer driver or team. If driver X is -150 on the moneyline then he is deemed to be the favorite to win. If you were to bet $100 on X driver you would make $50 if he won. On the flip side, if X driver’s money line is +150 it means he’s an underdog. If you were to bet $100 on X then you’d win $150. You can make decent money if the underdog racer driver wins the race since you win more than you have put in your bet.
Motor Sport Spread Betting
Motor sport spread betting is a type of wagering on the outcome of an event where the pay-off is based on the accuracy of the bet, rather than a simple “win or lose” outcome seen in outrights or money-line betting. A great example would be individual head-to-head race bet. A prediction on how one driver will fare compared to another driver in the same race expressed as the margin of victory in points between these 2 drivers. In F1, the winner is awarded 25 points hence one could bet on the spread between the winner of the race and another driver expressed by points differential.
Race Driver Championship – Motorsports Odds
You can bet on which racer will win the current year’s championship. This is awarded to the driver which accumulates the most amount of points from race finishes throughout the course of the year.
Constructors’ Championship – Motorsports Odds
You can also bet on the constructors’ championship. This title is awarded to the team which finished with the most points cumulatively after a full season.
Race Winner – Motorsports odds
For the race event, there several betting markets available across multiple online sportsbooks. The most popular of these is the race winner. The race winner is decided by which driver finishes the race and crosses the finish line ahead of the rest of the field.
Motorsports Betting Strategies
There are a number of different betting strategies which you should utilize in order to improve your knowledge of motorsports if you want to be sure to make money betting on it. This, in turn, should increase your profit making and the ability to spot solid odds for the outcome of specific races and race drivers.
Use Of Statistics In Motor Sport Betting
Firstly, it is important to talk about the statistics as each F1 race, NASCAR or MotoGP are largely data-driven sports. Small details can have a profound impact on the outcome of any race or driver’s performance. Thus, having background knowledge on the race favorites stats will boost your ability to pick the right driver to bet on.
Looking At Race Driver Track Performance
It is important to take into account ahead of a race weekend detailed information on upcoming race circuits and which driver favors that track. Further, it is important to be aware of the recent history of the race and the records which currently stand to use it in order to narrow down each drivers’ chances.
Don’t Miss Reading Race Previews
You should read race previews and our free motorsports picks before to race weekend. They often have useful news and inside knowledge and regularly divulge the drivers’ and teams’ morale before the upcoming races.
The Weather Affects Motorsports Betting
The weather plays a huge roll in the outcome of motorsport races. Falling rain has produced some of the most infamous racing incidents in the sport’s history. Don’t forget to take into account which race drivers fare better in wet or changeable conditions.
Grid Position Matters The Most
Grid position at certain circuits can play a bigger role than other factors mentioned above. A track that is twisty and windy makes it hard for drivers to overtake one another. On the other hand, long, wide straightaways allow for good passing. If you look closely at the historical stats, having the pole position often guarantees winning the race.
Best Online Motorsports Betting Sites
After reviewing several alternatives, we’ve compiled a list of the best online motorsports betting sites.
Best Motorsports Betting Site – Mybookie
MyBookie.ag is the top sportsbook online. They have plenty of advantages over their competitors, starting with a generous deposit bonus of 100% up to $1,000.
The number of betting markets provided is so vast that MyBookie is the betting site where you can “truly bet on anything.”
MyBookie doesn’t have enormous wagering limits, but you may be able to bet more if you contact management and ask them to increase your bet size.
Here are some of the top features about them:
- Accepts Cryptocurrencies
- Accepts credit card deposits
- Timely payouts guarantees
- Nascar, F1, or MotoGP bonuses year-round
- Excellent software for desktop and mobile
Bovada Sportsbook
Bovada’s popularity has risen dramatically in recent years.
They were always an extremely popular site in the US market, but due to the growth of their poker room, they’ve basically become “America’s online sportsbook” for betting on NASCAR.
Bovada offers a 50% Up To $250 Welcome Bonus. It comes with a generous 3x rollover, which is one of the best playthrough rates online. They also have a 50% Bonus up to $500 on the first Bitcoin deposit made to your account.
Bovada’s betting limits are more towards the recreational side, but they offer tons of value for small and mid-stakes sports bettors.
Motorsports futures are capped at $500. Driver’s props have a max bet of $500, while racing team props are slightly higher at $1,000.
Sportsbetting.ag Sportsbook
When it comes to bonuses, payout options, speeds, and betting limits – SportsBetting.ag is one of the best sportsbooks online.
They’ve become one of the most popular betting sites and have a whole host of F1, NASCAR, or MotoGP races.
They have a Welcome Bonus of 50% Up To $1,000 and also have a cryptocurrency bonus and lifetime reload bonuses.
SportsBetting’s wagering limits are among the highest, their payouts are fast, and they accept accounts from all 50 U.S. states.
BetOnline Sportsbook
BetOnline has made more strides than any other betting site in the past few years in the US. They have turned into a premier option for US-based online sports bettors.
They offer a significant Welcome Bonus of 50% Up To $250 for all new depositors.
Users will receive these funds in the form of a free play that comes with a 10x rollover. They also offer a 25% Reload Bonus up to $1,000 on ALL deposits.
More recently, they have added a 50% Crypto Bonus up to $1,000, which is eligible for accounts on their first cryptocurrency deposit, even if they have already made an initial deposit using another method.
The Crypto Bonus has a bit higher of a rollover at 14x.
