Formula 1 betting is placing bets on the outcome of Formula 1 races. This can be d1 through various means, including online sportsbooks, betting exchanges, and even traditional bookmakers. Bettors can bet on who they think will win the race, as well as other aspects such as podium finishes, fastest lap times, and more.
While it can be difficult to tell when the first-ever bet on Formula 1 was placed, it is safe to say that Formula 1 betting has been around for as long as the sport itself. In fact, Formula 1 betting was even menti1d in a book called 'A History of Gambling' by Tony Bloom, which discussed how people have been gambling on all sorts of sporting events for centuries.
That said, Formula 1 betting is believed to have started in the 1950s, and it has only become more popular over the years, especially with the invention of internet sports betting.
How popular is Formula 1 betting?
Formula 1 betting is one of the most popular forms of betting globally. This is because the sport is one of the most popular on the planet, and people love to bet on their favorite drivers and teams.