The popularity of NASCAR races has grown so much that it would be hard to find someone in the auto racing betting world who has not heard of Ricky Bobby. Seriously though, NASCAR has become a household name, and the associated wagering action has spiked at the same time. For those who still haven’t gotten in on that action, here is a brief explanation of the most frequent types of bets place on Nascar races; namely, betting on a driver winning the race, placing in the top three, or finishing ahead of another driver.
Auto Racing Betting
NASCAR betting and Formula One auto racing betting options are available on a regular basis. NASCAR betting has grown in the United States while Formula One auto racing betting has grown in Europe and in other countries. Auto racing betting offers driver matchups, odds on the winner of a race, qualifying odds, futures, and props.
As you bet at online betting sites you need to develop expertise and knowledge at NASCAR betting and Formula One auto racing betting by studying not just the auto racing drivers but also the car racing teams, tracks, auto racing history and tire manufacturers. Each of these things is important and has their own individual strengths and weaknesses for a gambler to evaluate when looking at auto racing. It is also important in NASCAR and Formula One auto racing betting to keep track of the latest personnel changes.
There are some excellent NASCAR and Formula One car racing websites that a gambler must utilize for the best information to help him handicap the races properly as he looks at auto racing history.
It is important for gamblers in Formula One auto racing betting to get their wagers in by the Thursday before a race. Sports gamblers get far better value for their sports betting bankrolls by betting early rather than late and depending on how well a gambler does in qualifying auto racing betting, he might even win money before the race begins. Formula One auto racing often has some odd results and it is important for sports betting gamblers to be careful and have a balanced approach to their Formula One auto racing betting activities as sports betting players can easily get in trouble by always backing the favorite.
A better strategy is to look for lesser-known car racing drivers to finish in the top eight positions rather than lay big money every week.