{"id":118,"date":"2019-10-03T14:17:39","date_gmt":"2019-10-03T14:17:39","guid":{"rendered":"https:\/\/sportbetting.ph\/?page_id=118"},"modified":"2021-10-25T13:07:11","modified_gmt":"2021-10-25T13:07:11","slug":"motor-racing-betting","status":"publish","type":"page","link":"https:\/\/sportbetting.ph\/motor-racing-betting\/","title":{"rendered":"Motor Racing Betting in the Philippines"},"content":{"rendered":"\n
Motor sports betting is increasingly gaining popularity not only in the Philippines but also globally. This is as a result of growing interest by fans in motor sports. Motor racing betting offers players a chance to gain profits by staking bets in various sports such as Formula 1, NASCAR and MotoGP.<\/p>\n\n\n\n
Betting on sports events including motor racing betting is duly legal in the Philippines. Motor racing betting in the Philippines is not considered a violation of the country’s gambling laws. Philippine Amusement and Gambling Corporation (PAGCOR) is the body mandated with the regulation and licensing of gambling entities.<\/p>\n\n\n\n
The world of motorsports offers a wide array of exciting sports for one to place bets. The most popular motorsport in the world is Formula 1 (F1). Apart from F1 betting, there are several other popular motor sports such as MotoGP, NASCAR, Superbikes, Indy car, and World Rally Championship (WRC). NASCAR betting is an opportunity for one to diversify their bets in the motor racing betting segment.
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No matter if you’ve just discovered your betting side, or you’re a veteran in this entertainment, wondering what type of bet to place will always be a top question. Here are some of the most popular ones:<\/p>\n\n\n\n
This one is also referred to as a winning bet. The bet type allows players to select a driver with the highest odds and one that you think is going to win the race. If the driver chosen emerges victorious in a particular motor race, then you win your bet. But if the driver comes second or any other position despite leading in all other laps, the bet will be lost.<\/p>\n\n\n\n
As the name suggests, this is a type of bet that is spread over a long period of time. Players bet over outcomes that will be determined at the end of the season of competition. Formula 1 and NASCAR offer the best example of long-term betting in motor racing betting. The bets are placed before the beginning of a championship as the odds are high then. When the season starts and a favourite emerges these odds change so these types of bets are not that profitable after the season starts. F1 odds for long-term betting are usually larger than any other betting types.<\/p>\n\n\n\n
This is a type of bet that is usually widely available on online betting platforms. A player has a chance to stake a bet while a race is already underway. It is possible for those who follow the motor racing live stream, which takes several hours to decide different results. These include MotoGP betting on the fastest lap or those riders who would not finish races.<\/p>\n\n\n\n
Markets in Formula 1and MotoGP are examples of motor racing betting markets that allows fans to predict the outcome of a qualifying session. In this category of betting, prediction of who will qualify in pole position and the fastest lap time is played. Qualifying bets are one of the most popular in motor racing betting and have high odds.<\/p>\n\n\n\n
If you’re a motorsports enthusiast, you sure want only the top websites to place your bets at. The ones below were carefully selected so you can have great user experience and awesome features you can enjoy anytime you’re in a “betting” mood.<\/p>\n\n\n\n
Spin Sports is a betting platform licensed by the Malta gaming authority. It is one of the market leaders in the Philippine motor racing betting market. The platform offers a 94% payout which is impressive. However, it does not have live streaming services and does not accept digital currencies like Bitcoin.<\/p>\n\n\n\n