![]() The odds correspond to an implied probability. ![]() I was now able to compare by own predictions against the betting odds. To this end, I created a few ML models that directly predicted the probability of each driver finishing in the top-N positions for each race. That’s why my efforts so far have been focused on these markets.Īfter understanding the markets, I had to make my own predictions. Different betting companies would offer different markets but the most common ones were about betting on a driver finishing in the top 1, 3, 6, or 10 places in a given race. From long-range bets such as the winner of the upcoming championship to race-specific things like whether a driver is going to win the race or finish in the top 3, 6 or 10 places, whether someone is going to DNF, do the fastest lap, driver head-to-head battles etc. ![]() It turned out that in F1 there are several things you can bet on. Fast forward to mid-2020 and I had collected the betting odds for the past two seasons. I ended up creating a few crawlers and started collecting data from several betting companies. I quickly found out that there were no historical F1 betting odds available. So, I needed to do a deep analysis of the betting market and the historical odds. However, in 2018 I wanted to give it a try but, as an extremely risk-averse person, I wanted to be sure I would not lose money. I had no idea what you could bet on F1, how you do that, let alone how to identify winning strategies. To be honest, I had never bet, till 2020, even a single euro on sports. When I started this blog in early 2017, I never thought it would lead me to F1 betting. Nonetheless, I will describe below how this project came to life. betting odds are not shown) – therefore, these predictions cannot be used for sports betting. I have, on purpose, hidden certain information from the upcoming race table (e.g. This website was created for entertainment purposes only and is meant to highlight certain predictions, not to provide sport betting tips. You can find the power predictions on where you can also see their historical performance.Īlthough shows the historical betting performance of my predictions, the power predictions are not betting tips. With this post I’m happy to announce the introduction of F1-Predictor power predictions – the culmination of a 3-year effort to systematically collect and analyze historical F1 data to identify ‘golden’ potential.
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