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Author Topic: F1 Formula Sports Racing - Sportsbet.io promotions & discussion thread  (Read 23142 times)
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July 11, 2022, 11:38:11 AM
 #1161

It turns out that a huge number of people (or rather money) were bet on Verstappen's victory ... and they all lost  Grin On the one hand, I sympathize with their losses

It's RedBull's home track. It's the track he's supposed to know best. Of course he has the highest chance to win. And about the odds, one must be thinking "I better win on low odds than lose on high odds", right?
~

At the previous stage, Verstappen's odds were not much less - 1.6. In my opinion it is crazy to bet with such low odds in formula one. Even if you do not take into account competitors (completely remove them), then in order to at least double the bet, you must guess twice that the car will reach the finish line. In my opinion, even this is a big risk. Now those who bet on Verstappen in the previous two races have to guess his victory 4 times (if the odds remain the same) just to get their money back.

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July 11, 2022, 01:45:00 PM
 #1162

I think next race Verstappen might screw a lot of tickets again as Circuit Paul Ricard of France has never been kind to RedBull but neither Ferrari so we might have another Mercedes on the podium.  Yesterday , I've missed the fact that Mick got the most votes for DOD and it was a well deserved one even if he kinda deserved to be DOD in last race too when we first scored his F1 points.

So ...keep an eye on RedBull and Ferrari this week as I'm sure we will get a lot of fresh and new intel from them regarding how they will perform or trying to perform on Circuit Paul Ricard.

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July 12, 2022, 10:30:01 AM
 #1163

Max Verstappen has the driver with the lowest odds starting in a race at -200 from the sports reporters about 1 hour before the race starts. That is the lowest of any race this season for anyone to win. So from the sounds of it the bookies are in for another Red Bull win at the ring.


Here is link to view those odds:
https://sportsbet.io/sports/event/formula-1/formula-1/grosser-preis-von-osterreich-2022-race/grosser-preis-von-osterreich-2022-race-62c1fc2144bfecb0717dae30

As you know, bookmakers take into account the amount of money that bettors bet on a particular outcome. It turns out that a huge number of people (or rather money) were bet on Verstappen's victory ... and they all lost  Grin On the one hand, I sympathize with their losses, on the other hand, I don’t know how superintelligent one must be to bet with such a low odds? I bet today with even lower odds, but these were bets on games where there are only 2 players (and two possible winners) and there is no risk of falling out of the race from the actions of third parties. I wonder if these believers in Verstappen's victory will continue to increase the bet and bet again on his victory in the next race? (Martingale).
Very true this does matter while you can view the markets of any sport shift in way of how much is put on which individual the bettors are swaying towards to win out.
This can we viewed in those large betting halls in vegas with the large screens of all bets as they come in and how much of a swing the live odds go is definitely a factor as determining the outcome.
It reminds me of the stock market floor when they are live.

But yeah, Vegas did win that day as everybody and their mothers thought Verstappen would win on home track for his team.
I had fastest lap on a few of my parlays so I got those to cash in at @2.07x on Max.

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July 12, 2022, 03:22:31 PM
 #1164

As you know, bookmakers take into account the amount of money that bettors bet on a particular outcome. It turns out that a huge number of people (or rather money) were bet on Verstappen's victory ... and they all lost  Grin On the one hand, I sympathize with their losses, on the other hand, I don’t know how superintelligent one must be to bet with such a low odds? I bet today with even lower odds, but these were bets on games where there are only 2 players (and two possible winners) and there is no risk of falling out of the race from the actions of third parties. I wonder if these believers in Verstappen's victory will continue to increase the bet and bet again on his victory in the next race? (Martingale).
Very true this does matter while you can view the markets of any sport shift in way of how much is put on which individual the bettors are swaying towards to win out.
This can we viewed in those large betting halls in vegas with the large screens of all bets as they come in and how much of a swing the live odds go is definitely a factor as determining the outcome.
It reminds me of the stock market floor when they are live.

But yeah, Vegas did win that day as everybody and their mothers thought Verstappen would win on home track for his team.
I had fastest lap on a few of my parlays so I got those to cash in at @2.07x on Max.

It turns out that if those who have already bet on Verstappen and lost their money will try to win back, then they will bet even more money on him in the next race ... so we will see even crazier odds like 1.4  Grin
It's pretty funny. In football or tennis, if a team does not win, the odds of winning it in the next game increase, but in formula 1, the opposite picture has been observed so far.

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July 13, 2022, 03:08:08 AM
 #1165

It turns out that if those who have already bet on Verstappen and lost their money will try to win back, then they will bet even more money on him in the next race ... so we will see even crazier odds like 1.4  Grin
It's pretty funny. In football or tennis, if a team does not win, the odds of winning it in the next game increase, but in formula 1, the opposite picture has been observed so far.
Doing a martingale on Verstappen? I mean not the worst of the ideas, of course he would eventually win one race, we all know that. But, will it be easy to do that? I mean it's not like you just gamble 100-200-400-800 in that situation, because to get it back, you need to gamble more than 2x of it to just recoup what you just lost, and that means if he loses 3-4 races in a row, you would be out a huge amount, depending on what your base bet was.

I am not saying it's a bad idea, I am just saying that you have to have a deep pocket to test something like this. This isn't dice where you can gamble a million times back to back, you need to make sure that you gamble a bit before you could gamble again after a week or even longer break.
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July 13, 2022, 07:26:36 AM
 #1166

Leclerc's excellent performance in the last races made me very happy.  I think pleased as well as all the many fans of this rider.  However, the points gap with Verstappen is still quite large. 
But I feel that Leclerc is in good shape and we will have another interesting fight in the second half of the season. 
Even the “old man” Hamilton also pleased.   Smiley
But I think he still does not get to the very top of the champions.  He, however, continues to be an F1 legend without that.

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July 13, 2022, 12:39:22 PM
 #1167

It turns out that if those who have already bet on Verstappen and lost their money will try to win back, then they will bet even more money on him in the next race ... so we will see even crazier odds like 1.4  Grin
It's pretty funny. In football or tennis, if a team does not win, the odds of winning it in the next game increase, but in formula 1, the opposite picture has been observed so far.
Doing a martingale on Verstappen? I mean not the worst of the ideas, of course he would eventually win one race, we all know that. But, will it be easy to do that? I mean it's not like you just gamble 100-200-400-800 in that situation, because to get it back, you need to gamble more than 2x of it to just recoup what you just lost, and that means if he loses 3-4 races in a row, you would be out a huge amount, depending on what your base bet was.

I am not saying it's a bad idea, I am just saying that you have to have a deep pocket to test something like this. This isn't dice where you can gamble a million times back to back, you need to make sure that you gamble a bit before you could gamble again after a week or even longer break.

I do not bet on formula 1. This is just my reasoning about those who bet on his victory with such ridiculous odds of 1.5-1.6. In my opinion, such bets are absolutely unprofitable whether it is a martingale or not. And I understand that even with such ridiculous odds you can be profitable (in the end, before the end of the season, Verstappen will win several races, this is obvious), but this will be 3-4% of profit in half a year - this is of no interest to anyone.

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July 14, 2022, 03:57:59 PM
 #1168

It turns out that if those who have already bet on Verstappen and lost their money will try to win back, then they will bet even more money on him in the next race ... so we will see even crazier odds like 1.4  Grin
It's pretty funny. In football or tennis, if a team does not win, the odds of winning it in the next game increase, but in formula 1, the opposite picture has been observed so far.
Doing a martingale on Verstappen? I mean not the worst of the ideas, of course he would eventually win one race, we all know that. But, will it be easy to do that? I mean it's not like you just gamble 100-200-400-800 in that situation, because to get it back, you need to gamble more than 2x of it to just recoup what you just lost, and that means if he loses 3-4 races in a row, you would be out a huge amount, depending on what your base bet was.

I am not saying it's a bad idea, I am just saying that you have to have a deep pocket to test something like this. This isn't dice where you can gamble a million times back to back, you need to make sure that you gamble a bit before you could gamble again after a week or even longer break.

I do not bet on formula 1. This is just my reasoning about those who bet on his victory with such ridiculous odds of 1.5-1.6. In my opinion, such bets are absolutely unprofitable whether it is a martingale or not. And I understand that even with such ridiculous odds you can be profitable (in the end, before the end of the season, Verstappen will win several races, this is obvious), but this will be 3-4% of profit in half a year - this is of no interest to anyone.


I also not bet in formula 1 because there is an high risk to do that, there are too much variant and it is so easy to lose (see what is happened to verstappen last two weeks or carlos sainz last week). There are also odds

that isn't so appetible, so, I prefer to avoid it. Soccer will be always my preferite way to bet  Grin

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July 15, 2022, 12:11:03 AM
 #1169

^^
Well there are so many variation to bet on when it comes to the F1, I don't see why it would be different to bet on then any other sport.
Not everybody just chooses the winner market when they place their bets.
I made one for the last race on the fastest lap and it won.
So if you decide to use the other markets it can be a successful betslip if you chose the right ones.

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July 15, 2022, 11:12:56 AM
 #1170

I think betting in F1 is kinda easy as long as you've watched F1 for a very long period. Sure , F1 will remain unpredictable most of the races as a Safety car can ruin all your bets or it can will all your bets.

Also , if you're a real F1 fan and you know the drivers , cars , tech details and all that is moving in F1 paddock , then it will be even easier for you to draw conclusions based on your own knowledge about F1 and it will be easier to make bets , even if you take big odds as F1 provides only big odds for majority of bets.

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July 15, 2022, 01:29:41 PM
 #1171

I do not bet on formula 1. This is just my reasoning about those who bet on his victory with such ridiculous odds of 1.5-1.6. In my opinion, such bets are absolutely unprofitable whether it is a martingale or not. And I understand that even with such ridiculous odds you can be profitable (in the end, before the end of the season, Verstappen will win several races, this is obvious), but this will be 3-4% of profit in half a year - this is of no interest to anyone.
I also not bet in formula 1 because there is an high risk to do that, there are too much variant and it is so easy to lose (see what is happened to verstappen last two weeks or carlos sainz last week). There are also odds

that isn't so appetible, so, I prefer to avoid it. Soccer will be always my preferite way to bet  Grin

Risk in football, formula 1, etc. almost the same everywhere. Formula 1 is a slow competition  (too long distance with low number of events) I don't like slow bets. But maybe I will change my mind, because the main point is to make value bets on outcomes, the probability of which the bookmakers have determined incorrectly. For example, at the end of last season, I wrote that Hamilton is greatly overrated, and Verstappen is underestimated (in terms of the championship). This was evident 3-4 races before the end of the championship. Now we see how Ferrari drivers are regularly underestimated and Verstappen overestimated. There are opportunities to earn money here.

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July 15, 2022, 01:37:57 PM
 #1172

I think betting in F1 is kinda easy as long as you've watched F1 for a very long period. Sure , F1 will remain unpredictable most of the races as a Safety car can ruin all your bets or it can will all your bets.

Also , if you're a real F1 fan and you know the drivers , cars , tech details and all that is moving in F1 paddock , then it will be even easier for you to draw conclusions based on your own knowledge about F1 and it will be easier to make bets , even if you take big odds as F1 provides only big odds for majority of bets.

Maybe sir, there are too many variant, as you said, it is necessary only a Safety car or a little damage to ruin your bet or to win that. I don't like that. Usually I use to prefer soccer because soccer (in the most case) is most

"predictable" because it gives you that sort of safety that things will go in the way that you've thought about (Sometimes yes and sometimes not, unfortunately)

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July 16, 2022, 10:15:03 AM
 #1173

I think betting in F1 is kinda easy as long as you've watched F1 for a very long period. Sure , F1 will remain unpredictable most of the races as a Safety car can ruin all your bets or it can will all your bets.

Also , if you're a real F1 fan and you know the drivers , cars , tech details and all that is moving in F1 paddock , then it will be even easier for you to draw conclusions based on your own knowledge about F1 and it will be easier to make bets , even if you take big odds as F1 provides only big odds for majority of bets.

Maybe sir, there are too many variant, as you said, it is necessary only a Safety car or a little damage to ruin your bet or to win that. I don't like that. Usually I use to prefer soccer because soccer (in the most case) is most

"predictable" because it gives you that sort of safety that things will go in the way that you've thought about (Sometimes yes and sometimes not, unfortunately)
So very true.
Doesn't anyone remember a late safety car caused Hamilton the title just last season?
That was the wildest finish I had ever seen as the FIA defied their own rules in letting Verstappen pass while all the others could not. It was one of the weird situation that ended up in Red Bull's favor.
I don't like when it comes to controversial decisions like this within seconds of a race ending.

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July 16, 2022, 07:52:20 PM
 #1174

So very true.
Doesn't anyone remember a late safety car caused Hamilton the title just last season?
That was the wildest finish I had ever seen as the FIA defied their own rules in letting Verstappen pass while all the others could not. It was one of the weird situation that ended up in Red Bull's favor.
I don't like when it comes to controversial decisions like this within seconds of a race ending.

I don't know why Hamilton chose to not appeal... He could easily win the trial.
Even the Red Bull owner (some weeks ago) said that was a mistake.

They gifted a title to Verstappen, with no excuses, they changed the rules and give to him an easy win.

And no, I'm not a Hamilton fan.

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July 16, 2022, 08:15:01 PM
 #1175

It turns out that if those who have already bet on Verstappen and lost their money will try to win back, then they will bet even more money on him in the next race ... so we will see even crazier odds like 1.4  Grin
It's pretty funny. In football or tennis, if a team does not win, the odds of winning it in the next game increase, but in formula 1, the opposite picture has been observed so far.
Doing a martingale on Verstappen? I mean not the worst of the ideas, of course he would eventually win one race, we all know that. But, will it be easy to do that? I mean it's not like you just gamble 100-200-400-800 in that situation, because to get it back, you need to gamble more than 2x of it to just recoup what you just lost, and that means if he loses 3-4 races in a row, you would be out a huge amount, depending on what your base bet was.

I am not saying it's a bad idea, I am just saying that you have to have a deep pocket to test something like this. This isn't dice where you can gamble a million times back to back, you need to make sure that you gamble a bit before you could gamble again after a week or even longer break.

I do not bet on formula 1. This is just my reasoning about those who bet on his victory with such ridiculous odds of 1.5-1.6. In my opinion, such bets are absolutely unprofitable whether it is a martingale or not. And I understand that even with such ridiculous odds you can be profitable (in the end, before the end of the season, Verstappen will win several races, this is obvious), but this will be 3-4% of profit in half a year - this is of no interest to anyone.


I also not bet in formula 1 because there is an high risk to do that, there are too much variant and it is so easy to lose (see what is happened to verstappen last two weeks or carlos sainz last week). There are also odds

that isn't so appetible, so, I prefer to avoid it. Soccer will be always my preferite way to bet  Grin

Betting on formula 1 is a very difficult task that's why I don't do formula 1 bets either, I prefer to just follow the news about formula 1 and I also can't watch all formula 1 races without getting sleepy. I've tried several times to sleep a lot and then start watching the races, but it doesn't even take 30 minutes for the race to start and I'm already asleep. That's why I don't bet on Formula 1. It's very good to follow the dispute between Ferrari and Red Bul in the improvement of their cars and drivers

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July 19, 2022, 10:35:12 AM
 #1176

F1 back again this weekend this time on one of the legendary tracks in France.


practice: https://sportsbet.io/sports/event/formula-1/formula-1/grand-prix-de-france-2022-practice-1/grand-prix-de-france-2022-practice-1-62d5a02e72fdbcc2105d8082

race: https://sportsbet.io/sports/event/formula-1/formula-1/grand-prix-de-france-2022-race/grand-prix-de-france-2022-race-62cb2199c059bc1e1a051dfb

Don't forget to put your selections in before qualifying the F1 prediction pool:
https://bitcointalk.org/index.php?topic=5389827.msg60572764#msg60572764

I did and see Leclerc doing another one up for the Ferrari team on this hard track.

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July 20, 2022, 06:18:38 AM
 #1177

.... It's very good to follow the dispute between Ferrari and Red Bul in the improvement of their cars and drivers
Yes, this is certainly an interesting sight. 
Of course, let's not forget the Mercedes. 
But all these tachnic details, such as fighting dolfining or adjusting the wing, can be negated in just one unfortunate maneuver of the pilot.  And here you begin to wonder what is more important, all these technical problems and their solutions, or the clarity of human actions and, if possible, the absence of gross errors.
  This is what makes races and F1 and indeed any races on cars interesting, that the result is very difficult to predict due to such different circumstances. 
You also need to add weather, different tires, a schedule of races to change tires and a lot of other nuances.

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July 20, 2022, 09:48:33 AM
 #1178

This is a RedBull circuit after all. I've been waiting rumors and news all week long and it seems RedBull has the advantage again even if the news said that their front wing has some new problems ...they are all fake. So, I will expect a Verstappen win here with Lec on 2nd place and I think Russel will make it to top 3 as Mercedes has improvised their car again. Ferrari , are still shocked with what happened with Sainz car as the implosion was big enough to crack the back of car which is just insane to think about it. Undecided

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July 20, 2022, 02:30:39 PM
 #1179

Man, its a Mercedes circuit, and take an eye because being a Mercedes circuit and if Mercedes really bring another upgrade here we can see really close or fighting for the win.

Also the odds are seeing this.

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July 20, 2022, 09:13:21 PM
 #1180

I definitely agree that France "was" a Mercedes track, but right now we are seeing Mercedes end up with a much slower car this year and they are not the best anymore. I think it's going to end up with either Ferrari or Red Bull win once again, it wouldn't be a shock.

I am not saying that there will be zero Mercedes win this year, there will be at least one win, and I am guessing Russell will win one at least but that's not this one. They will end up with a win a lot later when they fix all of their problems and they will improve the car even more. Because it's not going to be just end up with something big, it's going to be something "eventual".

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