Formula 1 racing is one of the most popular sports in Ireland and throughout the world, so there are numerous chances for bettors to make a profit. This guide is compiled by our team which specialises in all things gambling-related! We’ll tell you what exactly you need to know when picking up a bookmaker (as well as give a list of the most trusted betting sites in Ireland) and offer helpful insights into how to get luck during races with multiple drivers or involved — from Strategy A to Z.
F1 Races Explained: What to Expect?
As the 2022 Championship is held now, it’s vital to know more about Formula One to understand every single thing. F1 is a single-seater, open-wheel motorsport with Grand Prix weekend races that take place all over the world on different types of circuits. Each race is monitored by the FIA (Fédération Internationale de l’Automobile), and there are points given to the first ten drivers who cross the finish line.
The actual F1 season has 22 races in total, and they are held from March to December on different continents. The most popular locations are the United Kingdom, Abu Dhabi, United Arab Emirates, the United States, and France. But there are other fantastic tracks like Brazil, Canada, China, Belgium, and the Netherlands. People enjoy every splendid landscape and make bets on their favourite drivers to win.
This event is the most significant betting opportunity as the prize pools are usually very high. But it’s also a riskier investment than, say, betting on football matches because anything can happen in auto racing. The safety car’s approach, the weather conditions, or a roadside flat tire may alter things.
How Have We Chosen the Best Betting Sites Operating in Ireland?
As there are many reputable betting sites out there, it can be tricky to know where to start. But don’t worry — our team of Formula1News experts will get your back. Due to our vast experience in the betting industry, we know what to look for. We’ve researched and compiled a list of the factors that we believe are the most essential:
- Licensing. The first thing we check is whether the betting site is licensed by the UK Gambling Commission. This regulatory body is one of the most respected in the industry, and it ensures that betting sites operate in a fair way.
- Bonuses. We always take a look at the available bonuses and promotions. We consider both the size of the bonus and the wagering requirements that are attached to it.
- Number of F1 bets. While all betting sites will offer some F1 betting, not all of them will provide the same markets. Make sure to check what types of bets are available before signing up.
- Competitive odds. They should offer fair odds, otherwise, you’re just wasting your time and money.
- Payment options. We check to see what payment options are available and whether they’re suitable for Irish bettors.
- Customer support. We always test out customer support to see how responsive and helpful they are. You might need to contact them at some point, and it’s essential to get help from a betting site that cares about its customers.
If a betting site meets all of these criteria, then we can be sure that it’s a good choice for Irish bettors.
What Are the Top F1 Betting Sites?
We’ve thoroughly checked all the available options and can confidently say that the following betting sites are the cream of the crop. And, importantly, they’re all available for Irish residents.
BoyleSports
The extensive and ever-growing list of available sports at BoyleSports makes it one of the largest sites to bet. With 30+ different games, there’s something for everyone! You can also take advantage of lucrative Free bets when signing up as well.
Bet365
Bet365 is a great site for those who want to bet on any sport, and offers live streaming choices, as well as many payment options. In addition, they offer poker hands or casino tables too — what more could anyone want?
William Hill
It offers a user-friendly website with great features that make betting easy and fast. Punters can place their bets using different tools like in-play odds, a convenient interface for bettors of all ages, and quick processing of transactions — everything can be found there!
Mr. Green
Mr. Green is a well-established bookmaker that has been around since 2000. It’s known for being an excellent sports betting site and many benefits received by official customers, such as reliable payouts or fast support when you need help. With new customer offers available every day, how can we not recommend them?
Bethard
This is a new bookmaker that has come to fill the void left by most other providers. They offer some of the best odds for popular sports, beating out any other big-name companies like Paddy Power or Intelliswerve (to name a few). Betting on almost 40 different sports and non-sports events is available too!
Other betting sites operating in Ireland are worth mentioning too, but these are our top picks. We’re confident that any of them will give you a great experience.
FAQ
If you’re new to betting on Formula One races, then you might have some questions. It was only natural to include a FAQ section in this blog post to help you get started!
Is betting on Formula One legal for Irish residents?
It’s legal, but you should be aware that betting sites are prohibited for people under 18 years old in Ireland. Gamble responsibly and choose an approved operator to ensure safety!
What is the most profitable F1 betting strategy?
Betting is an art, not a science. There’s no surefire betting strategy that will work every time but we recommend doing some research on the drivers and teams before placing any bets as well as being patient with small amounts of money spent.
How do you bet on Formula One races?
There are many ways to bet on F1 races, but the most common is betting on the win. You can also place bets on places 1-3 (or even 6), as well as whether participants will retire from a race before it’s over!
In conclusion, F1 betting can be a fun and potentially profitable experience for Irish punters. This guide has hopefully given you a good understanding of how to bet on F1 races, but if you have any questions, please ask them in the comments below. We hope that you have a great time betting on F1 races and that this guide helps you make some money while doing so.