Formula 1 All race bets are settled on the official classification from the sport’s governing body, the Federation Internationale de l’Automobile (FIA), at the podium presentation.
According to the official FIA classification, drivers who complete 90% of the race laps are classified finishers. However, all drivers are assigned a ranking, and this ranking will always be used for match and positional betting.
Any driver who attempts to qualify for the race proper but fails to do so is considered to have participated and finished last of the drivers who competed. If two or more drivers fail to qualify, their qualifying lap times will determine where they finish.
The start of the race is considered the signal to begin the warm-up lap. From this point forward, all drivers are in play.
In race match/group betting, the driver who finishes first is declared the winner. Disqualifications/penalties issued after the podium presentation will be ignored. If both or all drivers fail to finish a race, match/group bets will be settled on the official Formula 1 result at the podium presentation. All bets remain valid once drivers participate in qualifying. Non-runners may be subject to no-bet deductions in accordance with Tattersalls Rule 4 (c).
Bets via OKBet on the Formula One and Constructors’ Championships will be settled in accordance with the official FIA results immediately following the podium presentation of the season’s final race. Subsequent disqualifications and penalties will be ignored.
The titles of Drivers’ and Constructors’ Championship are awarded to the driver and constructor who accumulate the most points throughout the season. In the event of a tie for a championship spot, the driver or constructor with the most superior race results will be awarded the spot.
Winner of the Overall Qualification
Qualifying consists of three sessions, with the six slowest drivers from each of the first two sessions dropping out, leaving the remaining drivers to compete for the top spots on the grid in the third session. The fastest lap recorded during this third qualifying session will be used to settle qualifying betting.
For the settlement of bets on qualifying, whether outright or match betting, the official times as recorded by the FIA will apply. Subsequent penalties or demotions will be ignored.
The very first driver to retire
This is a wager on who will be the first driver to exit the race. The wager starts with the signal to begin the warm-up lap. If a driver does not appear on the track for any part of the race, his selection for this market will be deemed void. The lap number on which a car retires will determine the payout. If multiple cars retire on the same lap, dead heat rules apply.
The first car to be retired
Once the formation lap begins, bets are accepted. The lap number on which a car retires will determine the payout. If multiple cars retire on the same lap, dead heat rules apply. Any driver who does not appear on the track for any part of the race will not be counted in bet settlements.
To be Unclassified
The wager starts with the signal to begin the warm-up lap. According to the official FIA classification, drivers who complete 90% of the race laps will be classified finishers. Any driver who does not appear on the track for any part of the race will be disqualified.
All bets for all A1 Grand Prix markets, both feature and sprint, are settled on the official A1 Grand Prix classification at the time of the podium presentation for the respective race, with subsequent disqualifications disregarded.
After 1 lap, the leader is
The winner will be deemed to be the driver who crosses the start/finish line first after one classified race lap (formation lap not included). Bets will be void if one lap is not completed completely. Furthermore, bets will be void if the race begins under the safety car.
Is there going to be a safety car period during the race?
During a race, a safety car period is defined as the need for the safety car to run in front of the leading car. If the race begins with the safety car, all bets on the safety car market will be settled as Yes. If the race ends under safety car conditions, but the safety car has not had time to pass the leading car, this market will be settled as Yes. To be clear, virtual safety cars do not contribute to the settlement of this market.
In practice, the fastest The FIA’s official lap times from Session One/Two/Three will be used for settlement. For bets to stand, at least one driver must record a lap time during the specified practice phase. All bets will be void if no driver records a lap time.
Betting on a Handicap
The handicap of each driver is applied to their race time. The winner will be the driver with the best race time after applying the handicap. For bets to stand, the race leader must complete 40 laps, and bets stand regardless of individual withdrawals. Any driver who fails to complete the race or whose official classification is one lap or more behind the winner is considered a loser. The rules of dead heat apply.
Best of the Rest Race
Bets will be settled based on the official FIA result at the podium presentation. Individual withdrawals have no effect on bets.
Retire on the First Lap
Any driver who completes no laps on the official FIA Race Classification will be declared the winner. If a driver is not in position to begin the formation lap, bets on that driver will be considered void.
Leader after a number of laps
According to the FIA’s official Race Lap Chart, the winner is the driver who crosses the start/finish line first after the specified race lap. Bets will be void if the specified number of laps is not completed completely.
Driver Position at the End of the First Lap
Choose a driver’s position at the end of the first fully completed lap of a named Grand Prix, and settlement is based on the official FIA result. For bets to stand, the named driver must start the race.
To finish the race in a better/same/worse position than the starting grid
Settlement will be based on the driver’s final position, as determined by the FIA’s official classification at the time of the podium presentation, and the driver’s starting grid position. To be eligible for a finishing position, the driver must be a classified finisher according to FIA rules. Any bets placed on a driver who is classified as retired by the FIA and is not subsequently assigned a finishing position are considered a loser. Similarly, drivers who do not start the race from their designated grid position, including the pit lane, will be disqualified.
The team with the most points at the end of a specified race will be rewarded.
Driver Handicap Competitions
After the handicap has been applied, the outcome will be determined by the number of points accumulated by the two named drivers for a specific race.
If a driver switches race teams during race week, or a driver who was not originally listed enters the field, all bets placed prior to these changes being factored into OKbet betting will be re-settled at the correct price taking the team/car change into account. This includes all markets available for F1. Our decision is final in this matter.
Non-driver no bet bets are considered from the formation of any race market. Any bets on drivers who do not compete in the race for any reason other than non-qualification are void. To reflect returning stakes on non-drivers, we reserve the right to apply the equivalent of Tattersalls Rule 4 (c).
In outright race betting, ‘the field’ includes any driver who is not listed in the outright prices. Nascar/Indy Car/Cart Racing Drivers who do not qualify for the race will be considered non-runners. For there to be action, the race must be held within one week of the scheduled race time. For OKBet betting purposes, the official NASCAR / INDY winner of the race will be determined; this includes all races that are halted prematurely.
All matches will be decided based on the official outcome. If one of the drivers fails to finish the race, the other driver is declared the winner. If neither driver finishes the race, the number of laps completed determines the winner. If both drivers fail to complete on the same lap, the settlement will be determined by official placings assigned by the controlling authority. For bets to stand, both drivers must start the race. All bets are void if a replacement driver is used.
Rally World Championship (WRC)
All race bets are settled on the official World Rally Championship classification at the time of the podium presentation, with subsequent disqualifications being ignored.
Outright markets will be settled on a ‘all-in or not all-in basis.