Betting on Motorsports
Online Motorsports Betting in Illinois
Love the thrills of motorsports racing? The earth-shattering roar of these races is music to the ears of racing fans. And these days, motorsports betting is all the rage, too. You can bet on motorsports in many states, like Illinois, Iowa, Colorado and more. Before you place your wagers, take the time to learn about the fundamentals of motorsports betting so that you can manager your bankroll intelligently.
Start by choosing a trustworthy sportsbook with fair odds. At BetRivers Illinois Sportsbook, you’ll always find easy deposits and withdrawals, friendly 24/7 customer service, and an easy-to-use interface that makes betting fast and fun. You can even watch many races live right on your smartphone after you place a bet!
Motorsports to Bet on
Many bettors prefer Formula 1 betting, but there are many other options, too, such as NASCAR, rally racing, world superbikes, speedway, Moto GP, and Moto 3.
NASCAR Betting
NASCAR races – and NASCAR betting – are extremely popular in the United States. This auto racing organization was founded back in 1948, and now, the races are broadcast in over 150 countries. BetRivers Illinois Sportsbook updates its NASCAR odds continuously throughout the season to give you plentiful betting options.
Indianapolis 500 Betting
This event is so momentous in the U.S. that every bettor wants a piece of the action. It’s the Indianapolis 500, and each year it draws hundreds of thousands of spectators in a wild frenzy that resembles a carnival. You can bet on the Indy 500 with futures, props, moneylines and more. You’ll find live betting is popular on the day of the race, too.
Formula One Betting
Formula One, or F1, is the cream of the crop in auto racing, as it’s the top class of international auto racing for single-seater formula racing cars. Each event is sanctioned by the Fédération Internationale de l'Automobile. First started in 1950, it features world-class drivers operating the fastest cars in racing, some of which can reach speeds of more than 200 miles per hour.
MotoGP Betting
Grand Prix motorcycle racing is the top class of motorcycle road racing events in the world. Each event is sanctioned by the Fédération Internationale de Motocyclisme. In some cases, these riders can exceed speeds of 200 miles per hour, making for incredibly exciting races. The MotoGP Championship is divided into three different classes: MotoGP, Moto2 and Moto3.
How to Understand Motorsports Odds
You can see at a glance which competitors are favored and which are underdogs in an event. A minus sign (-) indicates a favorite, while a plus sign (+) designates an underdog.
Motorsport betting changes constantly. Thanks to high-speed computers, new markets are displayed within seconds. That makes racing ideal for live betting, and you can watch live and bet live on your mobile device with BetRivers Illinois Sportsbook!
You can also bet on which competitor will be the overall champion for the season. Drivers win this title by accumulating the most points over the course of a racing season.
Motorsport betting often features some of the highest odds that you find at sportsbooks. That means these markets are filled with potential value for savvy bettors.
Motorsports Betting Tips
Like the idea of betting on the fastest lap? You might assume that race leaders are safe bets for the fastest lap, but that’s not always the case. Racers at the back of the pack may desperately accelerate hoping to get back into the race, and in doing so, they often log the fastest laps.
Another point to understand about fastest lap betting – race leaders often intentionally slow down when they have a lead. This preserves their fuel, tires, and energy and sets them up for a final dash to the checkered flag.
Read reviews on different tracks, drivers, and teams. Each competitor approaches various races with a unique strategy and motivation. Understanding the circumstances of each event will help you determine which drivers have the best shot at winning.
Motorsports Stage Betting
Some races feature multiple stages, and the action is paused at the end of each stage. You can bet on the winners of each stage, well as the overall winner. These kinds of stage events, which happen in rally car or NASCAR racing, give you even more chances to bet on the excitement.
Factors to Consider When Betting on Motorsports
Type of Track -- The idea here is to understand the drivers and the tracks that they are accustomed to. Some drivers prefer circuits that have a lot of turns, while others do well on long straight tracks.
Driver Skill -- Talent and handling skills obviously play a big role in motorsports, thus information about a driver's experience, their previous wins, history of the tracks, and weather preferences will help you place smart bets. Don’t underestimate the impact of weather conditions, and they can play a critical variable in the race’s outcome.
Car Speed and Quality – Vehicle quality and speed vary widely depending on the event. Some new racers may be sporting the budget cars such as the Mustang, BMW series 3, Camaro, or the Honda CRX. Experienced drivers will have faster cars like a Toyota Supra GT4, the BMW M2 CS racing, or the Porsche GT2 RS Clubsport. Remember also that motorsports associations have restrictions and guidelines when it comes to race cars and that is where various vehicles come into play.
Check the Weather Forecast -- When the air temperature drops faster than the track, it can affect the performance of a vehicle. Teams must choose the right tires for the weather, and drivers must change their tactics to ensure that they can tackle the slippery roads.
Also, check out for windy situations and overly slippery roads that might force the drivers to slow down.
Motorsport Betting Systems
The Matchup Bet – This is a type of racing wager where the sportsbook chooses two drivers and you pick the driver that you think will finish first.
Podium Finish Bets -- This type of wager allows you to pick a driver who you think will finish in the top 3. Keep in mind that the payout doesn’t change for any of the three positions. You’ll often find this type of bed in F1 or Indy car racing.
Stage Winner Bets – Some NASCAR events are split into stages. You can bet the winner of each stage. This allows you to pick hot drivers who are on a tear without having to choose the overall race winner.
Pole Position Bets – In a pole position bet, you pick the driver you think will win the pole position during qualifying runs. Some drivers place a premium on securing the pole position, so if you’re familiar with their strategies, this bet may pay off for you.
Grab your keys and start your engine – check out motorsports betting at BetRivers Illinois Sportsbook today!