Arbitrage Betting - Formula1

Sports Arbitrage Book: Arbitrage Betting – Formula 1

“How To Profit From Arbitrage Betting With Formula1…..”

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Sports Arbitrage Book: Arbitrage Betting – Formula 1 Part 1: Betting Season Formula 1 motor racing is arguably one of the most exciting of all spectator sports - it is fast paced, noisy and glamorous. Formula 1 races take place at exotic locations all over the world. It also has the distinction of being one of the most expensive sports in which to participate! Betting on Formula 1 motor racing results can be almost as exciting, especially if you use the arbitrage betting system, a tested method of betting that virtually ensures steady profits. Formula 1 motor racing has its roots in the car racing of the 1920s and 30s, although the rules were not standardized until 1946 and the first World Drivers’ Championship took place in 1950, won by Nino Farina. The Italians dominated the early years of the sport, followed by British supremacy – Cooper, BRM and Vanwall were names to be reckoned with. The undisputed all time world champion is Juan Manuel Fangio whose five world titles is still an amazing achievement. The 1960s saw the beginning of the first car sponsorship - today, Formula 1 racing has become a multi million dollar industry, attracting huge sponsors and a worldwide television audience of millions. Formula 1 racing teams and drivers compete each year for two of sport’s most prestigious titles - the Drivers’ Championship and Constructors’ Championship. Like most other sports, Formula 1 racing has a season - races generally occur from around mid March to early November each year. The 2008 season featured 18 races; and for the first time ever a race at night, in Singapore. The Singapore Grand Prix will take place on city streets and promises to be popular with drivers and fans alike. Around half of all races take place in Europe, although races are held in Asia, South America and the Middle East.

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Sports Arbitrage Book: Arbitrage Betting – Formula 1 Part 2 - Betting Options You can place bets for Formula 1 all year round, although as there is such a long time between races, you can also wait until the season is under way. The obvious advantage to this is it gives you a clear idea of how your driver or team is performing and allows you to check statistics - although you may find shorter odds are offered as well. The odds may also change during the season. Races are generally spaced a week or two apart and apart from the actual race itself, also include practice days. So why bet on motor racing? Apart from the fact that it is an exciting and fast paced sport to watch, Formula 1 fans are often spoilt for choice, as it is possible to place bets on several different scenarios - the winning team or driver or both; as well as the top three finish and the top qualifier. If you cannot get to the race course in person to see the outcome of your wager, television coverage of Formula 1 is comprehensive and just as exciting to watch. It can be fun to undertake serious research to try to increase the odds of winning – taking into account past performance, trends, racing circuits, new drivers and teams and anything else that may influence the outcome. Events and people behind the scenes can also influence the outcome of a race the skill and speed of the pit crew and mechanics can have a huge influence. And like most other sports, motor racing can be affected by the weather and track conditions.

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Sports Arbitrage Book: Arbitrage Betting – Formula 1 Part 3 - Sports Betting Technology has always played a big part in affecting the outcome of a Formula 1 race. During the 60 years or so of its existence, the championship has seen advances in technology, although never forgetting the importance of the driver. Two of the major innovations occurred during the early years - during the 1950s, Cooper’s revolutionary rear engine design led to two championship titles for Jack Brabham and in 1962, Lotus introduced their one piece chassis. Technology developed rapidly during the 1970s and 80s and Formula 1 engineers began to be referred to as designers. The late 1970s saw the introduction of wings; and the early 1980s saw the widespread use of turbochargers. Perhaps one of the most significant innovations was the so-called “ground effect” which used underbody design and side skirts, hugging the car to the ground. Improvements in design continue to play a big part in racing performance today. Several races are traditionally the highlights of the season. The Monaco Grand Prix which takes place through the winding streets of the principality is always exciting to watch. At Monaco, the driver who gets pole position has an excellent chance of winning, as it is extremely difficult to overtake on the tight circuit. And in the UK, the British Grand Prix has become something of an institution since its inception in 1909, meaning a variety of betting options are available. Sports betting is risky for the most part – many people who bet just occasionally are inexperienced and unknowledgeable. Many sports fans simply bet on their favorite team and often do not care too much whether they win or lose. In fact, over 90% of people who bet on sporting events lose money; only a small percentage actually wins on a regular basis. However, there is a method of increasing the chances of winning, which is both easy and effective.

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Sports Arbitrage Book: Arbitrage Betting – Formula 1 Part 4 - Arbitrage Betting Arbitrage – or arb as it is simply sometimes known, involves placing a bet on each different outcome, with several different bookmakers. The term was originally applied to certain transactions in the financial trading world; the word itself comes from the Latin word “arbiter”, meaning to judge. Those same principles that have earned fortunes in the financial markets can also be applied to sports betting. Simply put, it is the means of covering every possible option by taking advantage of the difference in odds offered by different bookmakers. The simple way to explain it is as follows: if you bet $100 on car A with one bookmaker and $100 on car B with another bookmaker; if both bookmakers offered the same odds of 6/4, you would win regardless of which car won. Another way to put it – if you bet on every possible outcome, you cannot lose. Why do different bookmakers offer different odds? Many bookmakers have a quota system – once they have taken a required number of bets at certain odds, they may raise or lower the odds. A sporting event with an uncertain outcome or a lesser number of participants tends to create discrepancies in the odds. And when everybody is patriotic – if the UK is competing against the USA, you may find that bookmakers in the two countries offer different odds in favor of the team they support. The obvious advantage of arbitrage betting is that if applied systematically, it is difficult – or impossible to lose money.

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Sports Arbitrage Book: Arbitrage Betting – Formula 1 Part 5 - Arbitrage Advantages Arbitrage betting is not just limited to Formula 1 racing - it can just as successfully be applied to other sports such as football, tennis, snooker, golf, cricket, hockey and darts. In case you are wondering, sports arbitrage is entirely legal, just as long as your local laws allow for gambling or betting online. Arbitrage betting can be done at any bookmaker, both offline & online. Just remember, you are placing different bets with different bookmakers, so it can be time consuming shopping around trying to find the right bookmaker and the right odds. With the help of the internet, you can easily place bets from the comfort of your own home, at the same time as the number of online bookmakers increases, your opportunities to profit, also increases. Most sports betting arbitrage scenarios give you a return of between 2% to 4%, although it is possible to find higher rates of return. If you are checking out online betting sites, always read the small print on the site and make sure you are familiar with any rules and restrictions. Several web sites also provide up to date information on the current Formula 1 racing season - race schedules, winners and other news. You may almost never get to actually drive a Formula 1 racing car but betting on the races can be the next best thing! A betting system that guarantees success may sound too good to be true fortunately arbitrage betting really does work very well. On top of that, there is usually no tax on your winnings, at least in most countries that we know of.

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