Formula 1 betting is fast becoming one of the biggest sportsbook markets just as the sport is growing globally. If you want to place a wager on a team or driver, you need to use the best sports betting sites with the highest market odds to get a decent return on your betslip.
Here at SportsBettingTricks, we’ve analyzed multiple Formula 1 betting sites to determine those with the most markets and highest odds. After all, why you place a 13.0 bet on one site when you can get 17.0 on a similar bet on another site? Besides, having more markets means more chances to play.
If you are getting into F1 betting for the first time, this guide will make it easier for you to start and hopefully make money off it.
200% bonus on their first deposit up to 100€ (or equivalent amount in other currencies).
100% bonus on their first deposit up to £50 (or equivalent amount in other currencies).
Open an account using promo code P30 and place a bet of at least £10 / €10, we will give you 2 free bets worth £15 / €15 each.
Your Bet Credits will be available shortly after your qualifying bets have settled.
Top Formula 1 betting sites
Here, we will discuss in detail each of these betting sites that we consider the best for placing bets on F1. We’ll cover their competitive odds, welcome bonuses, markets, and payment options.
200% bonus on their first deposit up to 100€ (or equivalent amount in other currencies).
1xBet gives you a 200% bonus on your first deposit when you sign up for an account with them. But it is not just the bonus that makes us recommend them. The sports book has the best odds and largest markets in Formula 1 betting.
Once you sign up for an account, you’ll get to decide whether a particular driver will retire, be classified, or score points. You can bet on which driver will finish last in a race or which team will have the fastest pit stop.
100% bonus on their first deposit up to £50 (or equivalent amount in other currencies).
22Bet has excellent betting options and generous bonuses for those who want to bet on F1 races on their platform. You will enjoy a 100% bonus upto £50 once you sign up for an account.
Apart from placing a wager on the winning driver and constructor, you can play special bets such as the which team will be the first to retire or whether there will be a virtual safety car during the race.
22Bet has a simple and user-friendly interface that will make it easier for you to add odds to your betslip. Besides, you can place bets on many other racing sports including MotoGP and bicycle racing.
If your first sports bet loses, we will refund 100% of it, up to €25.
How about wagering on the biggest motorsport event in the world through one of the best sports betting platforms in the word? Once you sign up for an account, you will be eligible for a 100% bonus on your first deposit.
Unbet has different betting types for Formula 1 including the winners of a race, qualifying sessions, and constructors. In addition, you’ll find special bets including head-to-head battles where you have to select which of two drivers will finish the race ahead of the other.
If you love live betting, you’ll be impressed by their In Play feature that allows you to choose the winner, and those who will finish on the podium as the race goes on.
Your Bet Credits will be available shortly after your qualifying bets have settled.
With amazing bet accumulator bonuses, including a new customer offer of unto $60, bet365 is undoubtedly one of the best platforms for Formula 1 betting.
What’s more interesting with bet365 is its interesting markets that are quite tricky but have the highest odds. For example, you predict a qualifying win margin, nationality of the winner, both cars that will finish on the podium, and virtual safety car period, among others.
It is no surprise that we recommend Dafabet among the best f1 betting sites. While it has fewer markets for Formula 1 bets compared to 1xBet and bet365, Dafabet comes packed with signup and weekly bonuses.
Choose from season or race betting options for races and teams (constructors). You’ll also get to bet on outright winners and head-to-head comparisons between drivers in any circuit.
New UK & Ireland customers only. Check our bonuses page for your region's offer
Betway customizes its offers based on the different countries it serves. This means that you will enjoy country-specific offers that start from a 50% welcome bonus upto a specified amount. You will also be eligible for jackpots and other bonuses.
Betway offers a good number of markets in f1 betting. You can place a bet on the constructors or drivers to win a race or one driver to win over another. The only downside is that Formula 1 betting is not available in all locations that Betway serves.
Open an account using promo code P30 and place a bet of at least £10 / €10, we will give you 2 free bets worth £15 / €15 each.
WilliamHill has one of the best odds you’ll ever get from an F1 sportsbook. Besides, it has conditional bets that you will not find on the other platforms. For example, you can bet on a particular driver winning and two others finishing in the points. Such bets attract the best odds. Besides, they have a virtual motor racing event if you can’t wait for an actual race.
When joining WilliamHill, you have an option of playing using free bets of upto £30. All you have to do is deposit at least £10 and you’ll keep the winnings.
Types of markets in F1 betting
Before you place your first bet on any of these f1 sports betting sites, you need to understand what you are betting against. The best part about f1 betting is that it is simple and straightforward. You don’t need to be an f1 fanatic to know how it works. However, you need to watch races to make informed bets against teams and drivers.
With that out of the way, these are the available markets in F1 bettings that you’ll find in the best f1 betting sites listed above.
Outright winner to win a race (to be classified, championship winner/constructor)
This is the most common and easiest to understand market in Formula 1 betting. However, it is also the hardest bet to beat.
In outright winner, you are supposed to choose:
- Who will win the race
- Who will get the fastest lap
- The first driver to make a pit stop
- The fastest driver in practice 1, 2, or 3
- Who will win the constructors
Podium finish bet
In the podium finish bet, you are supposed to choose one driver, among 20, that you think will finish in the top 3.
Matchups
Matchups is perhaps the most interesting market in F1 betting. Here, you have to decide who will beat the other between two drivers. It doesn’t matter their position in the race. Your chosen driver just has to beat the other guy for your to win.
This one on one market is available per season or race. You can pretty much match any drivers on the grid. However, you’ll get the highest odds matching drivers who are close competitors.
Will there be a safety car
You can also place a bet on the safety car appearing or not in a particular race.
Both cars to classified outright
Here, you get to choose whether all cars will finish the race. That means that there will be no retirement in the entire race.
You can also bet on all constructors getting a point in the race. That means that one driver out of all the cars will finish in the top 10.
Conclusion
There are many markets to wager on in Formula 1 betting. However, you can only get the most value if you are using a site that offers the highest odds.
With these top sites for F1 betting, you are not only getting access to some of the largest F1 betting markets, but also the highest odds.
