Do you want to know how to bet on Car of the Year, one of five annual awards presented by the World Car Awards? Check the best tips now as the 2021 World Car of the Year show is just around the corner.
The next Car of the Year award is coming. This year’s show is scheduled for April 20, 2021. The award has already revealed its nominees, while most online gambling sites in Canada have come up with favorites by the odds. Let’s dig deeper into the history of COTY to understand how to bet on the best cars of the year.
History of the award
The World Car of the Year is one of the main awards in the industry alongside European COTY. The award was launched in 2004 to recognize the best car manufacturers as well as inspire changes and innovations in the industry.
Traditionally, COTY picks the three best cars of the past year to form the finalist list. Then, the voting takes place and the winner is announced during the award ceremony. During past years, such cars as Nissan Leaf, Audi A3, Jaguar I-Pace, and Volkswagen Polo were among the winners.
Apart from World Car of the Year, there are five special categories of the award. They include World Performance Car, Green Car, Luxury Car, Urban Car, and Design of the Year. In today’s article, we will tell you how to bet on Car of the Year.
How to bet on Car of the Year?
Online sportsbooks in Canada usually offer betting odds on the COTY once the nominees are announced. Then, you have around a month to bet on your favorite car to win the award. So, how to pick a car to win Car of the Year and earn money on it?
Study the nominees
First of all, you should follow the automobile industry news. It is necessary to stay tuned to the latest innovations and updates on the market. Also, reading reviews on cars helps a lot. Usually, you can find the most important information about the nominees at the COTY website, It is enough to understand each car’s technical characteristics and overall performance. Remember: if you are a master of information, you are a master of the situation too.
If you are not an expert, a good idea is to have a consultation with a person related to the business. While reviews and characteristics may not always be helpful, having a good friend who knows the industry from the inside can be useful.
Find a sportsbook
Finally, an important step to learn how to bet on Car of the Year is finding a reputable sportsbook. Bet365, Unibet, and 1xBet Sportsbook are often pioneers in offering betting odds for COTY. Apart from the major award, you can wager on the secondary nominations as well.
Don’t always bet on favorites
The golden rule to remember while betting on anything and if you want to know how to bet on Car of the Year in particular. If you want to avoid searching the information, you can always bet on COTY blindly. In this case, don’t always pick favorites with the lowest odds. Although they have good winning chances, your profit can be even lower than your stake. In this case, it is recommended to pick runners-up as they both have high winning chances and can help in earning cash at online betting sites.
Where to bet on World Car of the Year 2021?
In 2021, the Car of the Year show will take place on April 20. The shortlist of nominees was announced earlier in March. Apparently, this year’s top-10 includes the following cars:
- Audi A3
- Mazda MX-30
- Kia Sorento
- Toyota Yaris
- Kia K5/Optima
- Honda e
- BMW 2-Series Gran Coupe
- Volkswagen ID 4
- BMW 4-Series
- Mercedes Benz GLA
According to Bet365 Sportsbook, Mazda MX-30 has the best odds to win – 3.50. It is followed by BMW 2-Series Gran Coupe, which is a strong competitor with 4.50 odds to win. Volkswagen ID 4 closes the top-3 with 5.00 odds. So, pick your favorite and win money from betting on World Car of the Year 2021.