Best Online Formula 1 Betting Sites List 🏁 We review the top Formula 1 bookmakers. Choose the best bookies for F1 betting in 2020 and start betting!
Best F1 Betting Sites
Arguably the most popular auto racing sport, Formula 1 has fans from across the globe. Granted, it’s far more popular in Europe than in most other countries; it still draws new fans from across the world daily. Betting on Formula 1 racing can be as thrilling as watching the sport. It can also be quite profitable. Picking your ideal Formula 1 bookie is one of the biggest challenges. With the availability of online bookmakers, you don’t have to risk using your uncle’s strange bookie friend. The challenge now is picking the right online sportsbook from hundreds of options. This comprehensive review will help you find the best possible Formula 1 betting site that meets your requirements. Looking for something specific? Here are the topics we’ll be covering:
List of the top-rated betting sites for Formula 1 in 2020
From Zero to 100 - The History of Betting on Formula 1
There's no record of the first ‘official' bets on Formula 1, but it's safe to say that money was likely being wagered back in the 1950s when F1 was still in its infancy. Today, the number of betting options offered in online sportsbooks and betting sites seem infinite in comparison.
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In 1998, Richard Hopkins placed a bet that a 13-year old go-kart racer would become an F1 champion by age 25. In 2008 he claimed £165,000 in winnings for his faith in a pre-teen Lewis Hamilton.
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In 2002, Ferrari sparked controversy when it ordered Barrichello to slow down and allow teammate Schumacher to win the race. Because of that, F1 introduced new rules that prevented orders that would change a races' outcome.
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Formula 1 drivers routinely experience more extreme g-forces while turning or accelerating than astronauts experience at launch.
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In F1 racing, speed is key. The top pit crews can refuel and change tires in 3 seconds, while F1 cars can go from 0 – 160km/h and back in only 4 seconds.
Formula 1 racing is considered the most popular racing sport in the world. Its popularity boomed in the late '90s and through the 2000s. Many online bookies and gambling sites began to offer Formula 1 betting markets, with new F1 sportsbooks popping up everywhere on the internet.
Many of the best betting websites now offer wagering options for almost every race of the Formula 1 season. Now, you can wager on the top six placements, race matches, best constructor versus the field, and more. Some of these F1 betting companies even allow you to place live bets during a race.
We expect that, as Formula 1 racing continues to grow in popularity, the online betting market will grow as well.
Top Bookmakers for F1 Betting on Mobile
When online gambling sites started growing in popularity, punters didn’t expect much from these websites. The advent of the internet brought with it new accessibility, and bettors were only too happy to be able to place bets from the comfort of their homes. But, as technology continued to advance, player demand changed.
Today, top online sportsbooks need to provide more than just a well-built online platform, especially when it comes to Formula 1 betting. F1 racing is fast-paced, and betting opportunities can appear and disappear quickly. When an opportunity arises, you might not have access to your computer to place bets.
That’s where mobile betting comes in, and if a sportsbook wants to compete with the best, they need to cater to mobile punters’ needs. Online sports betting sites need to offer either a mobile app or a mobile-optimised website, so that they receive a high rating on this website. Bet365 is not only our top recommended F1 bookie for 2020, but it also provides a fantastic app for you.
Top 5 F1 Bookies with the Best Odds and Market Coverage
Finding an online sportsbook that offers both great odds and the massive array of Formula 1 betting markets can be tricky. You can expect common options available at most bookies, including Outright Race Winner, Winning Team, and Championship Winner. These bets, however, are only a fraction of the wagering options available in F1 betting. Some popular bets include Fastest Lap, Safety Car, Podium, Top 6, Team Specials, and more. Finding a bookie that offers all these betting options can be daunting, especially when you're looking for great odds as well. Most popular online sportsbooks that do offer Formula 1 markets have begun to provide better market coverage and odds. Even so, finding the best combination can involve a lot of time and research. We've done the work for you! Here are our top five sites for betting on F1:
5th place – Betway
4th place – Unibet
3rd place – 888Sport
2nd place – Betfair
1st place – Bet365
Bet365
Coming in at Pole Position
Bet365 has superb market coverage when it comes to F1 online sports betting. The site offers a wide variety of betting markets, including a few advanced lines. The top feature is the live betting option. The interface is one of the best, and live statistics are available while wagering. Its great odds and coverage of F1 betting markets put Bet365 on top of the podium among the best bookies for Formula 1 betting.
F1 Sports Betting Tips & Strategies
All sports have intricacies that you should know for becoming a pro punter. Here are 5 tips for F1 betting sessions.
Bet on multiple drivers
If you want to maximise your chances of winning, you should bet on 2 or more drivers in one race. Whoever wins, you earn some cash.
Study the Car Manufacturers
If you are not aware of how the cars and the economy surrounding them work, you are blind. Study the history and the technical aspect of the vehicles.
Who Likes Who?
Team atmosphere can make or break your betting strategy. Know your teams to avoid making mistakes.
Look out for a Weather Forecast
Rain makes for friction changes on the road; wind can play on milliseconds that separate winners and losers; hot air temperature can cause the engine overheat faster. If you want to put yourself in the best position, watch the weather forecast.
Find the Best Odds
Choosing the best odds is crucial. Find the best odds to maximise your bottom line.
Betfair
£100 of Free Bets
Decent sign-up offer, good odds and many different payment methods - what's not to like? Although football is the more popular option at Bet365, Formula 1 gamblers will find that bookie amazing as well.
Recommended Payment Methods at F1 Sportsbooks
When you look for an ideal bookie, you should consider several personal criteria. The crucial aspect to consider when choosing your perfect bookmaker is the variety of payment methods offered. Below is a list of some of the most popular payment options offered by gambling sites.
Most, if not all, online bookies accept wire transfers as a form of payment. It’s secure and available to most punters globally.
One of the easiest and commonly available payment methods are debit cards, such as Visa Electron or Maestro. It’s usually fast, with low or no fees. Some online sportsbooks only accept debit cards for deposits, however.
PayPal is one of the best and most popular eWallets, with almost instantaneous transfers and high-level encryption. Most gambling sites will have PayPal available, but the service does tend to charge higher fees compared to other eWallets.
Skrill has grown significantly and offers low fees and instantaneous processing of transactions. Most bookies will accept Skrill for both deposits and withdrawals.
Owned by the same company that brought us Skrill and Paysafecard, Neteller became a commonly accepted payment method. Some bookies, however, don’t accept Neteller as a qualifying deposit method for welcome bonuses.
Players from United States
