3 Things to Know About the Standings Before Betting on Formula 1
If you want to bet successfully on Formula 1, you need to clearly understand the basics. That includes learning about the ranking system and how the points at each phase can affect your betting strategy.
The points system
In Formula 1, points are given to the top 10 in any Grand Prix. The winner is awarded 25 points, while the 10th place receives one point. The points at the Grand Prix races will determine the winners of the World Championships for teams and drivers.
Results in individual races can make all the difference. There are many instances that prove it, such as the Lewis Hamilton win in 2008. His fifth place in the final race gave him one more point than the 2nd place in the championship, Felipe Massa.
Standings at each stage
As with practically any other sport, what matters in Formula 1 is where the driver stands in the ranking at the end of the championship. However, teams, drivers and bettors alike, pay close attention to the rankings to see in which place a contender needs to land to move to the top.
This influences the way drivers race in each stage of the season. And it ultimately influences how bettors must adapt their strategy.
The penalty system
Drivers can be handed out penalty points for misbehavior. If they get 12 penalty points during a season, they are suspended from racing in the next event. Once the suspension is over, the penalty points are cleared.
If the count doesn’t add up to 12 and no suspension takes place, the points expire after 12 months.
Conduct that justifies penalties includes blocking an opponent, provoking a collision or speeding in the pit lane. It is extremely rare for a driver to accumulate enough points to be banned from a race, though. The last one was Romain Grosjean in 2012.
Betting on Formula 1 can be fun, simple and exciting. There are many types of bets available, which we will cover on F4 Spain. To start out, understanding the points system and the standings are essential.