{"id":300468,"date":"2023-11-25T17:38:17","date_gmt":"2023-11-25T23:38:17","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=300468"},"modified":"2023-11-25T17:38:58","modified_gmt":"2023-11-25T23:38:58","slug":"draftkings-says-vegas-f1-race-broke-records","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/draftkings-says-vegas-f1-race-broke-records\/","title":{"rendered":"DraftKings Data Confirms F1 Gaining Popularity Among Bettors"},"content":{"rendered":"

Helped by the event taking place in Sin City, last week\u2019s Las Vegas Grand Prix was, for many sportsbooks, the most wagered on formula race ever.<\/p>\n

\"F1
The Las Vegas Grand Prix circuit (red). DraftKings said the race broke F1 records for handle and number of wagers. (Image: Motorsports.com<\/em>)<\/figcaption><\/figure>\n

That sentiment extended to online sportsbook operators as well with DraftKings noting the first Las Vegas Formula One (F1) race in four decades was the most wagered on F1 race in the company\u2019s history, as measured by both handle and number of wagers. By both metrics, the Las Vegas Grand Prix topped the 2021 Belgian Grand Prix, which previously held DraftKings\u2019 F1 records.<\/strong><\/p>\n

In the days since the Nov. 18 race on the Las Vegas Strip, it\u2019s been common for gaming companies, particularly those with brick-and-mortar and internet footprints in Nevada<\/a>, to publish data confirming this was the most wagered on F1 event in their respective histories. DraftKings went a step further, publishing data confirming the growth of F1 among domestic bettors.<\/p>\n

F1 Could Be Next Big Thing for Sportsbooks, Bettors<\/h2>\n

Motorsports, including F1, reside in the \u201cother\u201d category in the sports betting realm \u2014 the group of sports behind football, basketball, and baseball in terms of wagering popularity. However, data suggest F1 is one the rise among bettors.<\/p>\n

\n

While American football will likely always be the handle king in the US and soccer (the other football) will likely continuing drawing the most bets in Europe, it\u2019s clear that F1 is making inroads<\/a> with bettors and much of that progress has accrued over the past several years.<\/p>\n<\/div>\n

In terms of handle, nine of the top 10 F1 races in DraftKings history have occurred since the start of the 2022 season with six happening this year. That group includes the Las Vegas Grand Prix and the Miami Grand Prix \u2013 two of the series\u2019 three US races.<\/p>\n

As measured by number of wagers placed, the top 10 F1 events in DraftKings have all happened since 2020 with seven happening this year, according to operator data. That group of seven includes the Las Vegas and Miami races.<\/p>\n

Las Vegas Grand Prix Handle Impressive for DraftKings<\/h2>\n

As noted above, it\u2019s been common for sportsbook operators to boast of record-setting bet volume and handle on the Las Vegas Grand Prix<\/a>, but many of the company doing the bragging operate land-based casinos in Las Vegas Valley.<\/p>\n

That makes DraftKings accomplishing a similar all the more noteworthy because the company, along with rival FanDuel, doesn\u2019t take bets in Nevada, either on a retail basis or online. The operator\u2019s ability to top previous F1 records without a Nevada footprint also highlights the series\u2019 growing popularity among bettors.<\/strong><\/p>\n

It\u2019s widely expected that DraftKings will eventually gain entry to the Nevada market, but when it comes to the Las Vegas F1 race, it\u2019s clear the gaming company doesn\u2019t need there to derive benefit from the race.<\/p>\n","protected":false},"excerpt":{"rendered":"

Helped by the event taking place in Sin City, last week\u2019s Las Vegas Grand Prix was, for many sportsbooks, the most wagered on formula race ever. That sentiment extended to online sportsbook operators as well with DraftKings noting the first Las Vegas Formula One (F1) race in four decades was the most wagered on F1 […]<\/p>\n","protected":false},"author":46,"featured_media":212443,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[83505,81886,1074],"tags":[82381,23,80968],"acf":[],"yoast_head":"\nDraftKings Says Vegas F1 Race Broke Records<\/title>\n<meta name=\"description\" content=\"DraftKings says F1 Las Vegas race topped records, shows growth of series among bettors.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/draftkings-says-vegas-f1-race-broke-records\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DraftKings Says Vegas F1 Race Broke Records\" \/>\n<meta property=\"og:description\" content=\"DraftKings says F1 Las Vegas race topped records, shows growth of series among bettors.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/draftkings-says-vegas-f1-race-broke-records\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-25T23:38:17+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-25T23:38:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/05\/f1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Todd Shriber\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@etfgodfather\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Todd Shriber\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/draftkings-says-vegas-f1-race-broke-records\/\",\"url\":\"https:\/\/www.casino.org\/news\/draftkings-says-vegas-f1-race-broke-records\/\",\"name\":\"DraftKings Says Vegas F1 Race Broke Records\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/draftkings-says-vegas-f1-race-broke-records\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/draftkings-says-vegas-f1-race-broke-records\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/05\/f1.jpg\",\"datePublished\":\"2023-11-25T23:38:17+00:00\",\"dateModified\":\"2023-11-25T23:38:58+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/f4cecf70a5032bc4e60eb73fc86d4a85\"},\"description\":\"DraftKings says F1 Las Vegas race topped records, shows growth of series among bettors.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/draftkings-says-vegas-f1-race-broke-records\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/draftkings-says-vegas-f1-race-broke-records\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/draftkings-says-vegas-f1-race-broke-records\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/05\/f1.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2022\/05\/f1.jpg\",\"width\":1200,\"height\":800,\"caption\":\"The Las Vegas Grand Prix circuit (red). 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