Study the form. In Formula 1 racing it is common for
a particular team or driver to dominate throughout a
season. We aren’t saying that an in-form constructor
will win every race in a season, but under normal circumstances
past performance is a very good guide to the future.
It therefore makes sense to do some homework, study
the form to find out who has been dominating the sport
in recent months, and then choose to side with that
winning form.
Remember that Formula 1 racing is very much a team
sport, because success depends just as much on the proficiency
of the technical, pit-stop and support team as it does
on the talent of the individual driving the machine.
You should therefore avoid betting on a driver unless
you are also confident that his team is in good shape.
If you bet well before the day of qualifying then you
will tend to get better odds than you will once the
starting positions are known. Of course, if you are
happy to take lower odds about a driver or constructor
then knowing where they will be starting on the grid
can be extremely useful.
Spread betting enables you to take an opinion for the
whole of the season but exit at any time. This means
that you can choose to close your bet as soon as you
have made the kind of profit you want – even if
there are still several races that haven’t yet
been staged. If you are familiar with the potential
risks and mechanics of spread betting then this can
be an extremely effective way to profit from your interest
in Formula 1.