Formula One racing is one of the most popular spectator sports in the UK and Europe, providing highly-competitive action both on the track and in our betting markets.

Newcomers to F1 could be forgiven for thinking that betting opportunities are limited to picking the eventual winner of each race, but that is only a fraction of what is available with us at totesport. It is an intricate sport and we offer a wide range of bets to reflect that fact.

The day before every Grand Prix race the teams need to compete in a qualifying hour to determine their starting position on the grid for the race. This qualifying hour is a betting event in its own right – you can speculate on everything from qualifying times through to who will achieve Pole Position.

The Grand Prix race itself is obviously the main betting event. You can bet on a driver to win outright, or each way. Each way F1 bets payout at 1/5th of the win odds for first, second or third place.

You can nominate an individual to win the F1 World Drivers Championship, either to win or each way, which will give you a season-long interest. There’s also betting available on the constructors championship.

Keep up to date with all the latest information and news and enter the wonderful world of F1 betting at www.totesport.com