http://www.australiangambling.com.au/sports-betting/online-formula-1-betting/Formula One racing is an event that takes place through an entire weekend. They use two practice session, a trial session and then race day. For those sports fans that feel the need for speed, Formula One racing is for them, Also, those that are into betting, Formula One racing provide some excellent odds and betting types. Click on the link description to know the essentials you should know about betting on Formula One racing.