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Betting on Motor Racing
Motor Racing is a generic term used in betting parlance, to represent all types of car racing. Car racing is an extremely popular sport and has a huge following in several countries around the world. As with any type of racing, car racing has a high unpredictability, which combined with the popularity has drawn bettors into the sport. Several sportsbooks offer extensive betting lines for all major racing competitions.
Motor Racing Basics
Most car racing competitions are conducted on specially designed racing tracks. One complete trip around the track is called a lap. For each race, drivers race around the track to complete a certain pre-determined number of laps. The driver who completes the race first is the winner of the race. For races that are part of a series, points are awarded to each driver, for every race, based on the order of finish, with the driver finishing higher getting more points. At the completion of all races in the series, the driver with the most points in the season is considered as the championship winner.
Motor Racing Competitions
The most popular car racing competition in the world is Formula 1 racing. Formula 1 racing season runs from March through November every year, with 19 races conducted on alternate weekends in tracks around the world. Formula 1 racing generates revenues of over 15 billion dollars a year and the race drivers are among the highest paid in all sports.
NASCAR Sprint Cup racing series, is the highest level stock car racing competition in the United States with 36 races conducted in different cities within the country. NASCAR racing is extremely popular in the United States with an intense fan following. NASCAR XFinity Series, is the second level stockcar racing series in the US which has a huge fan following as well.
IndyCar racing series is the highest level open wheel racing competition in the United States with 16 races around the country.
Other major car racing competitions are, V8 Supercars; a touring car racing series conducted in Australia, British Touring Car Championship, and Rally car racing series with championship races in several countries around the world.
Types of Motor Racing Bets
Championship winner betting
This type of bet will be offered for all the major racing series. Bettors simply have to pick which of the drivers will win the championship.
Championship team winner betting
This type of bet is to pick which team will win the team championship for the entire series.
Pole Position betting
For this type of bet, bettors will pick which driver will be positioned at the top of the grid at the start of the race.
Head-to-Head (H2H) qualifying betting
For this type of bet, drivers will be listed in pairs, and bettors will pick which of the two will qualify for a higher starting position. Multiple bets of this type will be offered with pairs of different drivers.
Race winner betting
This type of bet is to predict which driver will win the race. This bet will be offered for every single race of every major racing series.
Head-to-Head (H2H) betting
For this type of bet, a pair of drivers will be listed, and bettors will pick which of the two will finish higher in the race. Many bets of this type will be offered paring different drivers.
Top 3, 5, 10 finish betting
For this bet on motor sports, bettors will pick if a certain driver will finish in the top 3 for that race. Depending on the number of racers in the grid, sportsbooks will also offer separate bets to pick the drivers to finish in the top 5 and top 10.
Fastest lap betting
A bet to pick which driver will clock the fastest lap in the entire race.
Winning margin betting
This type of bet is to pick the margin between the first place and second place finish.
Total finishers betting
For this type of bet, bettors will pick the number of drivers who will complete the race.
Formula 1 betting
Since Formula 1 racing is the most popular form of motor racing, and is the most sought after for betting, some types of bets are offered specifically for Formula 1 races, which may or may not be offered for other races.
Motor racing provides high-speed entertainment, unlike any other sport. Several major motor racing competitions are conducted around the world, all through the year. Sportsbooks offer a wide variety of bets for all major races. Punters interested in betting on motor sports, sure have plenty to cheer about.