F1 betting

Updated:

Although not traditionally one of the most popular sports globally, F1 bookmakers have witnessed massive growth in the last few years.

As a matter of fact, in 2021, the World Championship final surpassed almost every other sport in terms of viewers (108.7 million), with the only exception being the final of the UEFA European Championship (328 million).

Below is a list of reliable Formula 1 bookmakers that you can scrutinise to choose your preferred option. Keep reading to find out.

List of the Best F1 Racing Betting Sites

Found: 14 Bookmakers

Rank Bookmaker Bonus Claim
1 1xBet

Deposit bonus up to €100

2 20bet

Sign up offer up to €100

3 Bet365

Up to €100 in bet credits

Open an account with bet365 today and bet on a huge range of markets with the world’s favourite online sports betting company.

4 888sport

Bet 10€ Get 30€ in Free Bets

5 William Hill

Bet 10€ Get 30€ in Free Bets

6 22bet

Welcome Bonus up to €122

7 10Bet

50% up to 50€

8 Paripesa

100% up to 100€

9 Melbet

Sign up offer up to €100

10 Betzest

1st Deposit deal Up to $/€100

11 Shangri La Live

100% up to 100€

12 Powbet

100% up to 100€

13 Megapari

100% up to 130$ with code 'MIGHTYPARI'

14 Intertops

3 bonuses to choose from: 50$, 100$, 200$

15 Unibet

Not available in your location

Check out other bookmakers instead

Best F1 Racing Bookies – The Ultimate Guide

Updated:

formula 1 betting sites

Keep reading as we acquaint you with the world of F1 betting and show you how to leverage it. There’s a beautiful story behind this niche of the betting industry, which we’ll get to shortly.

After which, we’ll be recommending several top-notch F1 bookies and present a well-detailed analysis of each. We’ll also look at the best payment methods for bettors as well as the most efficient Formula 1 betting tips that you will find quite beneficial during your online betting venture.

It is the goal of this article to ensure you have a hitch-free experience while placing each bet on F1 racing.

History of Formula 1 Betting

formula 1 history of betting

No one actually knows when F1 betting became official. However, as far back as the 1950s, when the sport was still in its initial stages, people used to bet on F1 races. Betting back then was more straightforward as all the people did was predict the race winners.

The more the F1 fan base grew, however, the more people became aware of F1 betting and got involved. Countries that hosted F1 races started legalising wagering on this sport to attract more customers.

  • It costs £14.58 million to build a Formula 1 car.
  • F1 teams actually consist of 600 members.
  • An F1 car has 80,000 components.
  • F1 cars can drive upside down once they reach 120 mph.

In this day and age, a wide range of betting options is available. F1 racing is the most desired racing series in the world and boasts the largest fan base of all the auto sports.

It was fortunate enough to become very popular at the same time as online sports betting. Many bet companies provide pre-set gambling odds for each race in the season.

This is highly advanced compared to the betting structure that was in operation around 65 years ago. Now, you can place bets on a racer being part of the top 3, finishing in a higher position than a specific rival and many other options.

Most betting sites even support live betting. As such, the winning odds of each driver constantly change as the race goes on.

🏛️ First Introduced: 1946
🏢 Overseeing Organisations:  Federation Internationale de l’Automobile (FIA)
📶 Bookmaker Coverage: High
Popular in: France, Australia, Canada, the USA, Canada, Finland, India, Ireland, and many other states worldwide.
🌎 World Championship: Grand Prix
🏅 Olympic Discipline: No

How to Place F1 Bets Online?

The process is straightforward. Apply the tips below and you’ll be ready to place your bets in no time. In a short while, we’ll talk about some of the best bookmakers in the F1 market and suggest a solid game plan.

  1. Choose a Bookmaker:

    The first step is choosing the ideal sportsbook for yourself. You can find many platforms in our list of the best F1 betting sites in the market. Compare their offers and select the one that fits your needs and expectations.

  2. Get Familiar with the Bookmaker:

    After selection, make yourself conversant with the bookmaker’s mode of operation. Set up an account with your bookie and verify it to become eligible for withdrawals. Also, don’t forget to check the bookie’s promotions page, terms and conditions.

  3. Fund Your Account:

    You can put money into your account and start placing your F1 bets after verification. Simply choose a payment method from the options available on the sportsbook, then start your transactions.

  4. Place Bets:

    You are now ready to start betting on Formula 1. Visit the F1 racing options on the sportsbook and wager on the available races. Depending on the bookmaker, you can place F1 bets before or during the race.

Best 5 Mobile Apps for Formula 1 Betting

Online mobile betting has become an essential service that all bookmakers must provide nowadays as more and more bettors gravitate towards betting with their mobile devices.

In this section, we cover the best sportsbook apps and mobile-optimised websites for Formula 1 betting. Read their pros and cons, then compare and select the one that works best with your bet F1 strategies or needs.

  1. Bet365

    This trendy app is compatible with all mobile devices. Regarding Formula 1, it provides one of the highest valued odds for seasonal Grand Prix races. The platform also offers a live betting feature. You’ll be able to wager on a wide range of F1 events and betting markets.

    Bet365 mobile app
  2. 888sport

    888sport offers an app with a very simple design like its website. This makes it quite fluid and fast. The site also has a section dedicated to Formula 1 betting tips. New members can get juicy promo offers when they sign up on the app.

    888sport mobile app
  3. Mobilewins

    This app features a great user interface, excellent functionality, and a fast loading time. It announces competitive odds for the futures market and all Grand Prix races. The platform also has great promotions.

    Mobilewins mobile app
  4. Paripesa

    Paripesa designed its app to provide convenience for users and it offers fascinating visuals. You can quickly locate what you want on the homepage. Rather than bombard all their content onto one page, they spread them out over multiple pages.

    Paripesa mobile app
  5. Unibet

    Unibet is one of the best live Formula 1 betting platforms for mobile users. Bettors can access many features easily, such as live streaming and a wide range of payment options.

    mobile app

Strategies and Tips for Betting on Formula 1

You could win big wagering on Formula 1 online if you understand how it works. If you are new to Formula 1 betting online or an experienced bettor who has been making consistent losses when betting F1 championship inspired, we’ve got you covered.

formula 1 betting strategies and tips

Below is a collated list of well-researched betting strategies that have worked over the years. While some of them are common knowledge, others are a bit more technical. Regardless of your experience in F1 sports betting, you can still get something useful from these tips.

However, we strongly recommend not rushing. Take some time to study these tips and digest them. You should also test these tactics with small bets to see how successful you are with them. Then, you can go all-in when you’re sure of your strategy.

  1. Don’t Stake on One Driver

    Many people tend to place their bets on just one racer, whether it’s the person who would win a race or the person winning the season’s championship. It takes someone with a sound knowledge of the game to bet on multiple racers. Due to the bumper payout odds for each driver, you can afford to bet on different racers and still make some reasonable residual income.

  2. Study Each Racing Circuit

    Each F1 racing circuit is built differently from the others. Pay attention to how drivers have performed at each circuit in the previous races. This will give you an idea of what to expect. Each circuit requires a specific level of expertise. As much as it is good to know the general performance of drivers, knowing how well they drive at different circuits will give you an advantage.

  3. Observe the Teamwork

    F1 racing consists of 10 teams represented by two drivers each. Even though each driver is fighting for their own interests in the grand scheme of things, the team behind plays a huge role when it comes to success. Therefore, going for the teams with the most efficient solidarity will improve your chances of winning.

  4. Don’t Rely On Qualifying Race Results

    There's a popular notion that the fastest car in a qualifying race will be the fastest in the main event. That isn’t entirely true. Weather conditions may vary from those in the main race. Don’t put all your hopes on qualifiers. Many bettors like to stake on the fastest driver in the qualifying races, forgetting that circumstances can change. A better strategy will be monitoring the cars that top the rankings on tough circuits.

Most Popular F1 Betting Markets

This segment covers the best betting markets that you can access with online Formula 1 bookmakers. The best Formula 1 betting sites offer a wide range of F1 bet online markets. Let’s take a look at the popular ones below.

Live Formula 1 Betting

formula 1 live betting

Live betting is another type of wager you can place on F1 on most of our recommended sites. This kind of bet allows you to play after the race has started. Since Formula 1 is fast-paced motorsport, you need to place your bets on a sportsbook that can keep up with the game’s speed. Luckily, all the sites on our list qualify for live F1 betting.

Our Recommended Top 10 Websites for F1 Betting Online

This is where we look at some of the best Formula One betting sites in the world, packed with golden opportunities, such as great promotions, competitive odds and convenient payment options, to help you get massive cashouts.

  1. Vbet

    This F1 championship betting site provides excellent betting options with the most prime value odds online. The bookie features generous bonuses when you sign up and make qualifying deposits. Plus, the website is appealing and easy to navigate.

    Vbet home page
  2. Unibet

    There are loads of benefits up for grabs at Unibet. Some include free bets, enhanced odds, win boosts and many more. These and the available F1 betting live options on this site make it an excellent platform for F1 betting 2022.

    Unibet home page
  3. Tonybet

    A sports betting site with various withdrawal and deposit options. The website is modern and loads quickly. It also supports live betting and fast market features. The fast market will make your F1 betting live experience much more exciting and enjoyable.

    Tonybet promo page
  4. Boylesports

    The website has a classy design. It offers you an enjoyable experience when betting on F1 Racing. In addition, Boylesports has a vast library of sports available. You can join to claim bonuses and other existing offers.

    Boylesports home page
  5. Parimatch

    If you’re looking for a sportsbook that is great for Formula One betting, then look no further than Parimatch. The platform provides an intuitive user interface with great odds. It also supports crypto payments and offers a range of crypto-related promos and bonuses.

    Parimatch promo page
  6. William Hill

    It has a straightforward point spread. Its live betting feature is well organised and spacious and provides favourable bets for more profit. William Hill also serves rare 2022 F1 betting offers like parlay super boosts and sports specials.

    William Hill promo page
  7. 20Bet

    20Bet is another sportsbook to note if you are looking for a premium F1 betting experience. The bookie welcomes new players, provides impressive bonuses, and offers several betting markets on Formula 1 racing.

    20Bet promo page
  8. Bethard

    At Bethard, every bettor can be a winner. Even if your bets don’t win, you can have a rewarding experience gambling on the site with free bets, cashback, and other offers. The website is also highly compatible with Android and iOS mobile devices.

    Bethard promo page
  9. Goalbet

    Goalbet is quite experienced in the online sports betting industry. The site features a comprehensive sportsbook, secure payment methods and regular promotions. In addition, the platform has a pretty rich casino section as well.

    Goalbet home page
  10. Powbet

    Benefit from great F1 odds and special features like enhanced odds, live streaming and live betting at Powbet. The brand is licensed by Curacao eGaming and has advanced security encryption, guaranteeing a safe and fair betting experience.

    Powbet promo page

Top 5 New F1 Betting Sites

As online sports betting gets more and more popular every day, it’s no surprise that new platforms are joining the scene. Let’s examine the latest F1 betting sites below.

  1. Sportaza

    Sportaza is one of the newest sites on the block. Yet, it has excellent features to compete with the oldies in the game. The bookie offers a wide range of F1 betting markets and regular bonuses for members.

    new betting sites - new bookmaker Sportaza home page
  2. iBet

    Want a fresh experience of betting on F1 racing online? Then iBet is your best bet. The website has a simplistic design with easily navigable pages. Thanks to nice bonuses and mobile compatibility, you will find betting on the platform enjoyable and rewarding.

    new betting sites - new bookmaker iBet home page
  3. Betzest

    Betzest is on our list for several reasons, including numerous F1 betting markets and appealing bonus offers for its members. Furthermore, the website is highly compatible with mobile devices so that you can play on the go.

    new betting sites - new bookmaker Betzest home page
  4. Lilibet

    Although this platform has been in the sports betting industry for a few years, Lilibet is still relatively new in the market. However, its offers are legendary. Huge bonuses, top-notch security and various payment methods are just some reasons for this.

    new betting sites - new bookmaker Lilibet home page
  5. Fezbet

    Although the operator has been around since 1996, the Fezbet sportsbook went live in 2020. The website supports multiple languages. Plus, F1 racing is one of the various sports available for wagering on the site.

    new betting sites - new bookmaker Fezbet promo page page

Always Check Bookmakers for the Best F1 Racing Odds

The odds are very important when betting. The better a game’s odds are, the higher the payout. That’s why we ensure the F1 sites recommended here offer fantastic odds to our readers.

So, you are on the right page if you are looking for the best bookies to bet on F1 racing online. Check back as we regularly update this page with the latest information about these bookies and their odds.

Grand Prix Emilia Romagna Race - Winner

Charles Leclerc Max Verstappen Carlos Sainz Jr Sergio Perez Lewis Hamilton
Sportaza 2.21 2.65 8.80 13.00 16.00
Powbet 2.21 2.65 8.80 13.00 16.00
888sport 2.15 2.62 8.50 12.00 15.00
Unibet 2.00 2.75 8.00 10.00 21.00
William Hill 2.25 2.75 8.50 12.00 15.00

FAQ

? Does every online bookie cover Formula One?
F1 racing is becoming a trendy sport but not every bookmaker covers it. However, the F1 bookies on our list offer this fast-paced sport.
? What is the best bet for F1 Racing?
The best bet is wagering on the winner of the F1 Championships because the betting odds F1 world champion options are usually more predictable than other markets, yet bets can be made in advance when the odds are still fairly good.
? Where can I bet on Formula 1?
You can place your bets with an online bookmaker. The F1 bookmakers listed here feature betting opportunities throughout the season.
? Who are the best racers in Formula One?
Some of the track legends are Lewis Hamilton, Max Verstappen, Sebastian Vettel and Valtteri Bottas.
? Can I make a solid win from F1 betting?
Yes, you can make a solid profit from live Formula 1 betting. You just need to do your research and develop a game-winning strategy.

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