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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!
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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
  • History of Formula 1 betting
  • Best bookies for Formula 1 betting on mobile
  • F1 bookmakers with the best odds
  • Tips for Formula 1 betting
  • Popular payment methods used by bookmakers

List of Formula 1 Bookmakers

Found 22 bookmakers

Bet365

8.8/10

  • Live streaming service
  • User-friendly mobile app for iOS and Android
  • Good customer support around the clock
  • We trust this sportsbook
  • Many restricted countries
Bet365 review

Not accepted Players from United States

Bwin

8.5/10

  • Well-known and respected betting site
  • Great number of football betting options
  • Really impressive withdrawal times
  • Good design for desktop and mobile
  • Long list of restricted countries

Not recommended for playing in your country

Check out other bookmakers instead

  • Abaqoos
  • Interac
  • Neosurf
  • EcoPayz
Bwin review

Not accepted Players from United States

Supabets

8.3/10

  • Wide variety of sports offered and sometimes hundreds of bets available on a single game
  • Know the African market, accept local currency
  • Solid and safe reputation
  • Quick and efficient customer service and support
  • No mobile app available

Not recommended for playing in your country

Check out other bookmakers instead

  • Bank Wire
  • VISA
  • MasterCard
  • Maestro
Supabets review

Accepted Players from United States

Spin Sports

8.1/10

  • A new and energetic website that caters to a variety of markets
  • Excellent in-game betting options
  • Generous bonus and promotions for new and existing members
  • Wide choice of sports and betting markets
  • A number of countries including USA, Australia, UK, Germany and France not served by Spin Sports.

Not recommended for playing in your country

Check out other bookmakers instead

  • VISA
  • MasterCard
  • Interac
  • Skrill
Spin Sports review

Not accepted Players from United States

EnergyBet

8.1/10

  • Helpful 24/7 Live Chat
  • Various range of Betting Market
  • High Odds
  • First deposit bonus is not harsh in terms of requirements
  • No app available

Not recommended for playing in your country

Check out other bookmakers instead

  • VISA
  • MasterCard
  • Skrill
  • Neteller
EnergyBet review

Not accepted Players from United States

888sport

8/10

  • Reliable bookmaker
  • Many payment options
  • Competent and fast support
  • Live streaming available
  • Withdrawals may take long

Not recommended for playing in your country

Check out other bookmakers instead

  • PayPal
  • Skrill
  • VISA
  • MasterCard
888sport review

Not accepted Players from United States

  • An excellent reputation of more than 70 years in the industry
  • Guaranteed best horse racing odds along with live streaming of races
  • 4.5/5 on Trustpilot.com
  • Two-factor authentication for extra security
  • Long list of restricted countries

Not recommended for playing in your country

Check out other bookmakers instead

  • VISA
  • MasterCard
  • Sofort
  • Neteller
BetVictor review

Not accepted Players from United States

Betway

8/10

  • 100% first deposit bonus
  • Lots of online betting markets
  • Free bet and payout promotions
  • Various cash out options
  • Support functions on the website are hard to find

Not recommended for playing in your country

Check out other bookmakers instead

  • Bank Wire
  • ClickandBuy
  • EcoPayz
  • Maestro
Betway review

Not accepted Players from United States

22Bet

7.8/10

  • Withdrawals: 65 methods / up to 15 min transactions (except for Visa, Mastercard)
  • TOP 5 in industry by betting market variety
  • Live broadcasts over 30,000 matches per month
  • Football Jackpot available
  • Many complaints on the web

Not recommended for playing in your country

Check out other bookmakers instead

  • Bank Wire
  • EcoPayz
  • Maestro
  • MasterCard
22Bet review

Not accepted Players from United States

LVBET

7.8/10

  • €5000 cashout limit per day
  • Live chat help for users with short response timers
  • UK and Malta gambling licences
  • Wide betting market variety (traditional sports, e-sports, social and local events)
  • The second and subsequent withdrawal of the week will be charged (€5 or equivalent)

Not recommended for playing in your country

Check out other bookmakers instead

  • Bank Wire
  • EcoPayz
  • MasterCard
  • Neteller
LVBET review

Not accepted Players from United States

Sportingbet

7.6/10

  • Ideal for soccer accumulators
  • Live streaming supported
  • Choose from 30 payment methods
  • Weekly football free bet promotion
  • Quick to limit accounts

Not recommended for playing in your country

Check out other bookmakers instead

  • Bank Wire
  • EcoPayz
  • VISA
  • MasterCard
Sportingbet review

Not accepted Players from United States

1xBet

7.6/10

  • Fast and easy registration
  • 100% first deposit bonus
  • Higher than average odds
  • Over a 100 different depositing/withdrawing options
  • The provider's reputation is not stellar

Not recommended for playing in your country

Check out other bookmakers instead

  • Abaqoos
  • Zimpler
  • VISA
  • Trustly
1xBet review

Not accepted Players from United States

Bet-at-Home

7.4/10

  • Really nice mobile website
  • Wide range of sports markets
  • Great for eSports fans
  • Safe and secure place to bet
  • Various country restrictions

Not recommended for playing in your country

Check out other bookmakers instead

  • VISA
  • MasterCard
  • Sofort
  • Giropay
Bet-at-Home review

Not accepted Players from United States

Melbet

7.1/10

  • 24h customer support by phone (free of charge)
  • More than 200 live daily events
  • Offers 50 different payment methods
  • Choice of 2 welcome offers
  • Welcome bonuses focus on accumulator bets

Not recommended for playing in your country

Check out other bookmakers instead

  • VISA
  • MasterCard
  • Neteller
  • Bitcoin
Melbet review

Not accepted Players from United States

  • Daily odds boosts and rewards from loyalty club
  • Free telephone support
  • Well optimized mobile website + Opera mini
  • Easy to deposit / fast withdrawals
  • No first deposit bonus available

Not recommended for playing in your country

Check out other bookmakers instead

  • VISA
  • MasterCard
  • Skrill
  • M-Pesa
PremierBet review

Not accepted Players from United States

Mr.Play

6.9/10

  • The founder has a proven history in casinos
  • Variety of markets on offer
  • Responsive and quick mobile client
  • Matching first deposit & free bet bonuses
  • Low withdrawal limits

Not recommended for playing in your country

Check out other bookmakers instead

  • VISA
  • EcoPayz
  • Entropay
  • Euteller
Mr.Play review

Not accepted Players from United States

BetWinner

6.8/10

  • Option to stream up to 4 live events
  • Bet Constructor and Betting exchange open up a more extensive choice of bets
  • Offers 25 different cryptocurrencies for deposit and withdrawal
  • Free Toto bet slip prediction to earn bonus points
  • Complaints about not being able to withdraw funds

Not recommended for playing in your country

Check out other bookmakers instead

  • VISA
  • MasterCard
  • Maestro
  • Skrill
BetWinner review

Not accepted Players from United States

Betsafe

6.8/10

  • Fantastic mobile website and app
  • Large range of different betting options
  • Easy to deposit and withdraw
  • Responsive customer support
  • No welcome bonus on Sportsbook

Not recommended for playing in your country

Check out other bookmakers instead

  • MasterCard
  • VISA
  • Bank Wire
  • Neteller
Betsafe review

Not accepted Players from United States

Bet9ja

6.6/10

  • 100% first deposit bonus
  • An established brand in Nigeria
  • A good amount of markets
  • Free bets and jackpot promotions
  • Bank transfer is the only payout option

Not recommended for playing in your country

Check out other bookmakers instead

  • Bank Wire
  • MasterCard
  • VISA
  • Interswitch
Bet9ja review

Not accepted Players from United States

Campeonbet

6.4/10

  • Many e-sports offered with a wide betting line
  • Min bet 0.5 EUR/USD
  • High credibility score
  • All popular payment methods offered for withdrawal and deposit
  • Min deposit 15EUR + Slow withdrawals

Not recommended for playing in your country

Check out other bookmakers instead

  • Bank Wire
  • MasterCard
  • EcoPayz
  • Neteller
Campeonbet review

Not accepted Players from United States

  • Over 20 years on the market
  • Good reputation
  • Variety of first deposit bonuses
  • 20$ worth first free bet token
  • VERY outdated bookmaker compared to the market average

Not recommended for playing in your country

Check out other bookmakers instead

  • VISA
  • Neteller
  • Skrill
  • Bitcoin
Intertops review

Accepted Players from United States

Wazobet

5.8/10

  • No deposit 777₦ Bonus
  • Benefits for VIP players
  • Unlimited withdrawal requests per day/month
  • 7-12% Weekly Cashback
  • A lack of payment methods for withdrawals

Not recommended for playing in your country

Check out other bookmakers instead

  • VISA
  • Verve
  • Interswitch
  • Bitcoin
Wazobet review

Not accepted Players from United States

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.

  • 1

    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.

  • 2

    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.

  • 3

    Formula 1 drivers routinely experience more extreme g-forces while turning or accelerating than astronauts experience at launch.

  • 4

    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.

faq

? How do I find the best bookies for F1?

Betting on Formula 1 has become extremely popular over the years, and most gambling sites now offer F1 betting lines. Finding the best site for betting on F1 depends on your taste as a punter, but we’ve made the process a lot easier! Browse our list of the top F1 online sportsbooks, compare your options, and pick the one that suits you the best.

? Is it legal to bet on Formula 1 racing online?

As with any online sports betting, the legality of gambling is determined by local laws. Betting companies usually have headquarters in countries where gambling is legal.

? Do F1 bookmakers need a gambling licence?

Yes, they do. No bookie is good if it isn’t licenced by a reputable commission, such as the UKGC, Isle of Man GSC, or similar authority.

? Is F1 betting profitable?

It can be, and some punters make a living off wagering on F1 races. There’s no guarantee that you’ll win, however. By doing your research and placing smart wagers, you can increase your chances of winning.

? Should I bet on Formula 1 Qualifying races?

There are pros and cons to betting on qualifying races, but it comes down to preference. There aren’t many betting lines for qualifiers, and punters often use these races to gather information for race bets rather than placing wagers.

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.

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    • 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.

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    • 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.

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    • Skrill has grown significantly and offers low fees and instantaneous processing of transactions. Most bookies will accept Skrill for both deposits and withdrawals.

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    • 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.

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