Formula 1 is a championship sport disguised as a race series, and its betting board reflects that. Some markets settle in two hours on a Sunday afternoon; others run for nine months and are decided by consistency across two dozen races. A bettor treating both the same way misunderstands what they are holding.
This explains the F1 market families, the settlement conventions that catch people out, and how coverage varies between crypto platforms.
Six Market Families on an F1 Weekend
Race winner and podium. The base markets: the driver to win, and the drivers to finish in the leading three. Podium markets are traded heavily because they offer a shorter proposition than an outright win in a series where the front of the grid is often predictable.
Championship outrights. Drivers’ and constructors’ titles run the full season and reprice after every round. These are the longest-dated positions on an F1 board, and by late season they can become close to settled while still tra
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