Formula 1 Cryptocurrency Gambling Guide
Formula 1 Crypto Betting Guide
Over the past few years, Formula One has become massively popular with sports bettors. There are two reasons for this. The first is that, as a racing sport, it’s easy to understand and bet on. The second is the amount of depth the sport has to it: high-level Formula One bettors pour hours a day into researching teams, their drivers and the hardware they use in order to gain an edge over the bookies.
As with any sport these days, if you can bet on it, the chances are you can bet on it with bitcoin too. The benefits of choosing bitcoin over fiat currency include quick withdrawals (often taking under an hour), user anonymity and better deals.
If you’re thinking of getting into Formula One bitcoin betting, then keep on reading: we’ve put together a comprehensive beginner’s guide to the sport.
Formula One Overview
Formula One, or F1 for short, is the top tier of single-seater auto racing. The word “formula” in the title refers to the set of rules and restrictions which all teams must abide by. They mostly relate to safety regulations and hardware limitations placed on the cars.
The annual Formula One World Championship is made up of a series of twenty-one races, known as Grands Prix, that take place across the globe. Each circuit has a distinct personality, both in terms of its layout and its location. The Monaco Grand Prix, for example, takes place in the Monte Carlo district of Monaco and is known for its narrowness and limited overtaking opportunities. The British Grand Prix, on the other hand, takes place at the rural Silverstone Circuit, and is known for being much more open, with drivers constantly overtaking each other. Below is a list of the Grands Prix in the 2018 Formula One World Championship:
As with any sport these days, if you can bet on it, the chances are you can bet on it with bitcoin too. The benefits of choosing bitcoin over fiat currency include quick withdrawals (often taking under an hour), user anonymity and better deals.
If you’re thinking of getting into Formula One bitcoin betting, then keep on reading: we’ve put together a comprehensive beginner’s guide to the sport.
Formula One Overview
Formula One, or F1 for short, is the top tier of single-seater auto racing. The word “formula” in the title refers to the set of rules and restrictions which all teams must abide by. They mostly relate to safety regulations and hardware limitations placed on the cars.
The annual Formula One World Championship is made up of a series of twenty-one races, known as Grands Prix, that take place across the globe. Each circuit has a distinct personality, both in terms of its layout and its location. The Monaco Grand Prix, for example, takes place in the Monte Carlo district of Monaco and is known for its narrowness and limited overtaking opportunities. The British Grand Prix, on the other hand, takes place at the rural Silverstone Circuit, and is known for being much more open, with drivers constantly overtaking each other. Below is a list of the Grands Prix in the 2018 Formula One World Championship:
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ROUND
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 |
COUNTRY
Australian Grand Prix Bahrain Grand Prix Chinese Grand Prix Azerbaijan Grand Prix Spanish Grand Prix Monaco Grand Prix Canadian Grand Prix Azerbaijan Grand Prix Austrian Grand Prix British Grand Prix German Grand Prix Hungarian Grand Prix Belgian Grand Prix Italian Grand Prix Singapore Grand Prix Russian Grand Prix Japanese Grand Prix United States Grand Prix Mexican Grand Prix Brazilian Grand Prix Abu Dhabi Grand Prix |
CIRCUIT
Melbourne Grand Prix Circuit, Melbourne Bahrain International Circuit, Sakhir Shanghai International Circuit, Shanghai Baku City Circuit, Baku Circuit de Barcelona-Catalunya, Barcelona Circuit de Monaco, Monte Carlo Circuit Gilles Villeneuve, Montreal Baku City Circuit, Baku Red Bull Ring, Spielberg Silverstone Circuit, Silverstone Hockenheimring, Hockenheim Hungaroring, Mogyarȯd Circuit de Spa-Frencorchamps, Stavelot Autodromo Nazionale Monza, Monza Marine Bay Street Circuit, Singapore Russian Grand Prix Sochi Autodrom, Sochi Suzuka International Racing Course, Suzuka Circuit of the Americas, Austin, Texas Autódromo Hermanos Rodríguez, Mexico City Autódromo José Carlos Pace, São Paulo Yas Marina Circuit, Abu Dhabi |
In terms of scoring, a Formula One season is structured like any other sports league. Each driver is given points based on their performance in each race. Points are awarded as follows: 25 for first, 18 for second, 15 for third, 12 for fourth, 10 for sixth, 6 for seventh, 4 for eight, 2 for ninth and 1 for tenth. The driver with the most points by the end of the season is awarded the title of Formula One World Drivers’ Champion, currently held by Lewis Hamilton. If two drivers are tied on points, the driver with the most wins is given the title.
Points are also awarded separately for constructors after each race, with a separate championship, the Formula One World Constructors’ Championship, running concurrently with the Drivers’ Championship. If a driver wins the Driver’s Championship, their constructor wins the Constructors’ Championship. Mercedes currently holds the Constructors’ Champion title. Below is the list of the teams, constructors and drivers that competed in the 2018 Formula One World Championship:
Points are also awarded separately for constructors after each race, with a separate championship, the Formula One World Constructors’ Championship, running concurrently with the Drivers’ Championship. If a driver wins the Driver’s Championship, their constructor wins the Constructors’ Championship. Mercedes currently holds the Constructors’ Champion title. Below is the list of the teams, constructors and drivers that competed in the 2018 Formula One World Championship:
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TEAM
Scuderia Ferrari Sahara Force India F1 Team Haas F1 Team McLaren F1 Team Mercedes AMG Petronas Motorsport Aston Martin Red Bull Racing Renault Sport Formula One Team Alto Romeo Sauber F1 Team Red Bull Toro Rosso Honda Williams Martini Racing |
CONSTRUCTOR
Ferrari Force India-Mercedes Haas-Ferrari McLaren-Renault Mercedes Red Bull Racing-TAG Heuer Renault Sauber-Ferrari Scuderia Toro Rosso-Honda Williams-Mercedes |
DRIVERS
Sebastian Vettel (Germany) Kimi Räikköneni (Finland) Sergio Pérez (Mexico) Esteban Ocon (France) Romain Grosjean (France) Kevin Magnussen (Denmark) Stoffel Vandoorne (Belgium) Fernando Alonso (Spain) Lewis Hamilton (UK) Valtteri Bottas (Finland) Daniel Ricciardo (Australia) Max Verstappen (Netherlands) Nico Hülkenberg (Germany) Carlos Sainz Jr. (Spain) Marcus Ericsson (Sweden) Charles Leclerc (Monaco) Pierre Gasly (France) Brendon Hartley (NZ) Lance Stroll (Canada) Sergey Sirolkin (Russia) |
F1 Crypto Betting Options
There are many different ways of betting on Formula One at crypto bookies. You can bet on the results of an individual race, the results of the season, or more lighthearted things such as whether or not the safety car will appear. Below is a list of the most popular bets:
If you want to make serious money from betting bitcoin on Formula One, then there’s an array of online resources you can use to learn about the various factors that affects a team’s prospects. If that sounds like to much of a bore for you, then don’t worry: betting on Formula One is a ton of fun even if you’re not an expert, so long as you gamble responsibly. Good luck!
There are many different ways of betting on Formula One at crypto bookies. You can bet on the results of an individual race, the results of the season, or more lighthearted things such as whether or not the safety car will appear. Below is a list of the most popular bets:
- Drivers’ Champion – a bet on who will win the Driver’s Championship.
- Constructors’ Champion – a bet on who will win the Constructors’ Championship
- Race Winner – a bet on which river will
- Podium Finish – a bet that a driver will finish a given race in a podium position (i.e. in the top three)
- Any Race Podium Finish – a bet that a driver will finish in a podium position in any race that season
- Driver vs Driver – a bet on who which driver will finish the season in a higher position out of two given drivers
- Pole Position – a bet on which driver will qualify with the fastest time and therefore start in pole position (the frontmost position in the starting grid)
- Fastest Lap – a bet on who have the fastest lap time during the race (excluding qualifying)
- Safety Car – a bet on whether or not the safety car (which warns the drivers that there is a hazard on the course) will appear in a given race
If you want to make serious money from betting bitcoin on Formula One, then there’s an array of online resources you can use to learn about the various factors that affects a team’s prospects. If that sounds like to much of a bore for you, then don’t worry: betting on Formula One is a ton of fun even if you’re not an expert, so long as you gamble responsibly. Good luck!
