Race to win: Bet on Formula E action at Sportsbet.io
Buckle up and prepare for fast-paced action with Sportsbet.io’s Formula E betting! With its high-speed electric cars and intense city circuit races, this motorsport event offers a unique and thrilling betting experience. Learn how you can be a part of the Formula E race betting action with this quick guide:
What is Formula E?
This formula racing series is the world's first all-electric international single-seater championship. Launched in 2014, it aims to promote sustainable and innovative electric vehicle technology in high-speed races.
Race format
Formula E today features a series of races known as e-Prix held across different cities in the world. Each one lasts for a set distance or time, typically 45 minutes plus one lap. This format allows for strategic energy management and pit stops only for repairs or tyre changes.
Track
Formula E races mainly take place on temporary street circuits in major cities. Lengths for each typically range from 2 km to 3.5 km (1.2 mi to 2.2 mi) to maintain traditional racing distances. Some of the most notable Formula E races today include the Berlin Tempelhof Airport and the Autódromo Hermanos Rodríguez in Mexico City.
Scoring
Today’s Formula E race scoring follows a point system. The top ten finishers earn points (25 for first place down to 1 for tenth). Racers get extra points for pole position and fastest lap.
Car specs
Electric formula racing betting features electric cars that are capable of reaching speeds up to 322 km/h (200 mph) and a power output of 350 kW (470 horsepower). These cars also have ‘flash-charging’ which allows for quick charging during a race.
Teams to look out for in Formula E
When placing your Formula E predictions, there are over 22 drivers and 11 teams to consider. Here are the top ones you should keep an eye out for:
Jaguar TCS Racing
Jaguar TCS Racing continues to be a strong competitor in Formula E, with drivers Mitch Evans and Nick Cassidy. The team has consistently performed well, finishing in the top ranks in recent seasons. Their combination of speed and strategy makes them a team to watch in the betting market.
TAG Heuer Porsche Formula E Team
The Porsche team has shown impressive form, securing many wins in the previous season. Despite some inconsistencies, their technical foundation and experience position them as a strong contender for the championship title.
DS Penske
With a focus on innovation and performance, the team aims to leverage its strong driver lineup to compete for the championship. Their experience and technical expertise make them a compelling option for bettors looking for high-stakes racing action.
Envision Racing
Envision Racing is known for its strong performances and competitive spirit. With drivers like Robin Frijns and former champion Sébastien Buemi, the team had a successful 2022 season and aims to be a constant contender in the racing series. Their consistent results make them a reliable choice for bettors looking for potential podium finishes.
How does Next 24hrs betting work at Sportsbet.io?
Formula E wagering has never been easier with Sportsbet.io! To start, click on the Formula E icon among the different sports. Wager on the races taking place for the day by clicking on the ‘Next 24hrs’ tab.
This tab features today’s Formula E odds and scheduled e-Prix events, both live and upcoming races. Choose a race you wish to bet on and explore its available markets. You can use Sportsbet.io’s betting markets filter as well that groups markets into different sections for a smoother betting experience.
Formula E: Sportsbet.io’s betting odds formats
Formula E odds indicate the chance of specific outcomes happening during a race. Learning how to read Formula E betting odds can help adjust your bets for a better chance of winning.
Here’s how Formula E odds formats at Sportsbet.io work:
Decimal odds
Decimal odds are displayed as values such as 1.75 or 4.00. These figures represent the possibility of a team winning. To calculate your potential payout, simply multiply your bet amount by the decimal odds.
Hong Kong odds
With this format, odds are also displayed as decimal numbers either greater or less than 1. Odds higher than 1 indicate the underdog. Conversely, if the odds are less than 1, that signifies the favourite. To calculate potential winnings using these Hong Kong odds, simply add 1 to the decimal figure, then multiply that sum by your bet amount.
American odds
This odds format is denoted by positive (+) and negative (-) values. Positive odds, such as +500 or +175, signify the underdog in the race. These figures represent the amount you can win for every 100 USDT bet. Conversely, negative odds, like -190 or -700, indicate the favourite to win the Formula E race. These numbers tell you the amount you need to bet to earn a 100 USDT profit.
Betting markets for Formula E races
At Sportsbet.io, there are a wide variety of Formula E-sports betting markets available. Some of these are:
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Winner: Predict which driver with the best Formula E odds will win the race or the overall championship.
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Podium finish: Wager on who will finish 1st, 2nd, and 3rd in the race. The order they finish does not matter, as long as they end up on the podium.
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Constructor winner: Make a live prediction on which Formula E team or driver you believe will win the entire race.
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Fastest qualifier: Wager on which driver will have the fastest qualifying time or secure pole position.
Bet on today’s Formula E races at Sportsbet.io
Sportsbet.io is the premier crypto Formula E Betting site, offering the most optimal experience to punters. Here, enjoy an intuitive and user-friendly interface, allowing you to easily access the dedicated Formula E section.
Explore the extensive selection of Formula E-betting online races available on Sportsbet.io, featuring competitive odds and a wide range of betting markets. There is also a range of special features to enhance your enjoyment of Formula E betting, such as:
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Bet Sharing: Share your Formula E bet slip without taking a screenshot using Sportsbet.io’s bet-sharing feature. By sharing, you can discuss and collectively cheer for your driver picks with friends and colleagues.
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Mobile App: Take your Formula E betting wherever you go with the Sportsbet.io mobile app. This provides the most optimised experience for both Android and iOS devices, allowing you to bet seamlessly on Formula E races.
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Clubhouse: With every wager you place, you earn points that can unlock tiers with equivalent tailored rewards. Most of the time, the rewards might be a cashback, free bets, or even free spins if you ever want to to play casino games aside from wagering on Formula E.
Explore the attractive odds available today and enjoy the ultimate Formula E betting experience with cryptocurrency!