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  • Monaco Grand Prix betting - Nico Rosberg favourite after taking pole position in Monte Carlo25 May 2013

    Mercedes dominated qualifying for the 2013 Monaco Grand Prix with Nico Rosberg on pole and Lewis Hamilton second. Nico Rosberg led home a Mercedes 1-2 in Monte Carlo earlier today with German Nico Rosberg on pole and Lewis Hamilton watching his back from the Red Bull’s of Sebastian Vettel and Marl ...

  • Monaco Grand Prix Betting1 minute ago

    Both Mercedes drivers have been slashed for Monaco Grand Prix glory following today's opening practice sessions.  Nico Rosberg and Lewis Hamilton impressed on the street circuit and saw their race and pole position odds duly cut.  Rosberg was quickest in each of today's sessions, with Ham...

  • Big gamble on Lewis Hamilton to win Monaco Grand Prix21 May 2013

    William Hill punters have been throwing their weight behind Lewis Hamilton to win the Monaco Grand Prix. Ahead of this weekend's race, Hamilton has been the best backed driver and, even at this early stage of proceedings, could cost William Hill a five figure sum should he win. The Mercedes driver ...

  • Mark Webber good bet for Monaco Grand Prix glory19 May 2013

    2013 has so far proved to be a frustrating season for Mark Webber, but the Australian can give it a welcome boost when the Formula 1 roadshow heads to the streets of Monaco. The notoriously unforgiving track has been kind to the Australian in recent years, with both 2010 and 2012 seeing the Red Bul...

  • Mercedes pair good bet for Monaco Grand Prix glory13 May 2013

    The European leg of the 2013 Formula 1 season heads to Monaco next week – and it could be ideal timing for the Mercedes pairing of Lewis Hamilton and Nico Rosberg. Fresh off the back of his first win in his home Grand Prix since 2006, Fernando Alonso suggests that despite their lack of race pace ye...

  • Sebastian Vettel favourite to win Spanish Grand Prix11 May 2013

    Nico Rosberg will start from pole position for the second consecutive Formula One race in the Spanish Grand Prix – but Sebastian Vettel is favourite for victory. Mercedes took a clean sweep of the front row in qualifying for the Barcelona race with Lewis Hamilton starting second alongside his Germa...

  • Will Kimi Raikkonen replace Mark Webber at Red Bull?10 May 2013

    Kimi Raikkonen has refused to dismiss speculation linking him with a move to Red Bull as replacement for Mark Webber in the 2014 Formula One season. The former world champion has enjoyed a strong start to the campaign for Lotus in his second year back after a sabbatical from the sport, and won the ...

  • Is pole position key to winning the Spanish Grand Prix?10 May 2013

    The European leg of the Formula 1 season begins with this weekend’s Spanish Grand Prix. With 90% of the last 10 races won by the driver starting on pole, can we say qualifying is an accurate race performance indicator at the Spanish GP? Pinnacle Sports have looked into this: Circuit de Catalunya: I...

  • William Hill fearing Ferrari victory in Spanish Grand Prix7 May 2013

    William Hill have admitted they are fearing a Ferrari winner at this weekend’s Spanish Grand Prix. Home favourite, Fernando Alonso has been the best backed by far, William Hill can report. Since the market was posted two weeks ago it has been one way traffic, with the Ferrari driver backed in from ...

  • Fernando Alonso to kick-start F1 title challenge in Barcelona6 May 2013

    The Formula 1 roadshow is heading to Europe for the first time this season, and this weekend’s Spanish Grand Prix is the ideal opportunity for Fernando Alonso to reignite his championship challenge. The opening quartet of events have given us a glimpse into what lies ahead, and it is quite apparent...

  • Back Lewis Hamilton now before his F1 title odds are cut28 Apr 2013

    Lewis Hamilton remains an outsider to win the F1 World Championship, but now is the time to get behind the Brit before his odds are cut. Hamilton is 16/1 with Ladbrokes to end Sebastian Vettel’s reign over the sport, and there is plenty to suggest the Mercedes ace could prove highly rewarding to th...

  • Fernando Alonso providing value in F1 world championship betting22 Apr 2013

    He may not have won the Bahrain Grand Prix this past weekend, but now is the time to back Fernando Alonso to win the 2013 Formula 1 Drivers’ Championship. Sebastian Vettel’s serene drive to victory in Bahrain cemented his place at the top of the world drivers’ standings, and his billing as favourit...

  • Sebastian Vettel wins Bahrain Grand Prix21 Apr 2013

    Sebastian Vettel made it two wins from four races this season as he dominated the Bahrain Grand Prix to beat Lotus pair Kimi Raikkonen and Romain Grosjean. Red Bull driver Sebastian Vettel made the headlines in Malaysia when defying team orders to pass Mark Webber but there was nothing controversia...

  • Bahrain Grand Priz betting tips - Fernando a fine favourite21 Apr 2013

    His name didn't feature on many people's lists of likely polesitters, but Nico Rosberg emerged fastest of all to take his second career pole position to add to China 2012. Rosberg won that race from pole position but he faces a battle to maintain that record tomorrow with Sebastian Vettel and Ferna...

  • 2013 Bahrain Grand Prix grid - Nico Rosberg takes pole position for Mercedes20 Apr 2013

    Nico Rosberg upstaged the main Formula 1 world title contenders to claim a second consecutive Mercedes pole position this season at the Bahrain Grand Prix. The German will start the race alongside the Red Bull driven by triple world champion Sebastian Vettel, with last week’s Chinese Grand Prix her...

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Betting on Formula 1 can be a great way of adding to the excitement of watching one of the most thrilling sports around.

Formula 1 used to be very predictable in the days of Michael Schumacher’s dominance, but now there are numerous teams and drivers who go into every race with high hopes of taking the chequered flag first.

The online bookmakers have expanded their range of markets considerably in recent years and no longer do they limit their offering to who will simply win a Grand Prix.

Bet on the winning driver and manufacturer

Of course, you can also look at the bigger picture and bet on which driver and manufacturer will win the respective World Championships – regular backers of Sebastian Vettel and Red Bull have cashed in over the last few years.

But there are now lots of opportunities to win big money betting on Formula 1 during a race weekend, right the way through from who will top the timesheets in each practice session - a relatively new addition to the list of available markets.

Qualifying is a popular choice and you can back a driver to claim pole position for the race, plus of course betting each way which means your selection must finish in the top three.

Those guidelines also apply to the race itself and the general policy among the bookmakers is that they pay out on the order according to the victory podium presentation, with any subsequent penalties imposed for infringements that change the result disregarded for betting purposes.

Bet on different drivers to finish in the points

Of course, the top 10 in each race now collect World Championship points and that has opened up the possibilities for the mid-field teams to gain a tangible reward for their efforts. The bookmakers offer odds for each driver to collect points and also to end up in the top six.

Unlike back in the 1980s and the days of Ayrton Senna, Alain Prost and Nelson Piquet, Formula 1 has become less attritional and many more cars finish the races nowadays due to technical advancements.

But retirements do still happen and you can bet on a driver to finish or not finish the race, although the odds for them not to be classified at the end will be much bigger than to go the full distance.

The online bookmakers tend to base their money-back special offers on a driver failing to finish – for example, back Fernando Alonso to win the Grand Prix and if he retires, your stake will be refunded. Other bookmakers may limit this to an exit within a specified number of laps.

If you enjoy betting on Formula 1 you have come to the right place. We bring you the latest odds changes from the bookmakers to reveal who is being backed for both the races and the championships, as well as the money-back special offers being promoted by the online firms.

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