Canada’s passion for motorsport might not be as prevalent as it is in other countries, however it is still extremely strong.
Formula One and NASCAR are among two of the most popular automobile disciplines to be widely enjoyed in the Great White North. There have been several individuals who have competed in both, with varying degrees of success having been achieved.
Canada’s interest in motorsport betting
Given the success of Canadians like Jacques Villeneuve (the only Canadian F1 World Champion), Lance Stroll (current competitor), and Earl Ross (the only Canadian to have won a NASCAR Cup Series race), it’s a sport that has attracted the attention of many from the nation.
While there are many who actively watch the sport and go to the events that are held within the provinces of the nation, many more add excitement and enthusiasm to race days by adding in a wagering component. The top sportsbooks like BetVictor Canada have made it possible for fans to enjoy several markets across motorsport, with comprehensive offerings regarding the odds and bonuses that can be found when betting on automobile racing.
However, while punters are able to place bets easily and as conveniently as ever, those who do will know that different disciplines will require different approaches when wagering. Betting on F1 is not the same as wagering on NASCAR events.
The difference between F1 and NASCAR betting
To understand the different trends that can be experienced across each sport when betting, it can be a good idea to take a look at what each motorsport entails. This can reveal the type of bets that can be placed, while it can also give an insight into why punters may make certain bet types for one type of sport and not the other.
It’s possible to find several bets that overlap both sports. For instance, bettors can still place wagers on the driver who they believe will finish first or the three who will finish a race in a podium position. These are arguably the easiest markets to wager on in terms of understanding, especially as the two sports can be rather technical.
This is perhaps more accurate when focusing on the betting trends of F1 compared to NASCAR. There are more technical aspects that bettors need to consider. Things like the type of tires being used, fuel loads, and external factors like the weather are all things that need to be considered. At the same time, drivers and specific teams will need to be considered at certain tracks due to how different they can be. A race course may provide one team with more challenges than another, which are things bettors need to consider when wagering.
NASCAR betting doesn’t have to necessarily focus on data, analytics or technical aspects as much. Punters will often have to consider placing wagers on individual drivers or teams due to how many of them compete.
A race can involve a different number of competitors and teams, depending on the type of event. For example, the NASCAR Cup Series will feature 16 drivers in the final 10 races of the season, although a minimum of 36 will begin the season based on the charter systems in place. The Daytona 500 features a total of 40 drivers. In comparison, each F1 race will see 11 teams of two drivers each (22 in total) taking to the grid for each race.
In addition to the number of racers and teams, NASCAR betting can require punters to focus on things like stages. An example could be that a race may have a certain number of laps that represent a stage. This isn’t something that Formula One has. Thus, it can make bettors have to think about their bets in a different way.