When you are behind the wheel of Formula 1 betting, you can be in for a wild ride. F1 features the fastest racecars in the world and a plethora of wagering options at every turn. Unlike NASCAR, which is more about power and endurance, Formula 1 involves more nuanced strategies for various courses, weather conditions, and car packages.
So, you need to consider different factors when you bet. On this page, we'll guide you to the best sportsbooks for F1 betting, top races to watch, tips for betting F1, and more.
Here are the top sites for Formula 1 betting based on factors we consider, such as the variety of F1 betting options, easy-to-find F1 lines, and the sportsbook’s overall user experience.
BetUS has the most options for Formula One betting I’ve seen. I counted 28 ways to wager on a single event, including markets like Winning Nationality, Winning Margin, and Top 6 Finish.
There are also season futures that include odds for several drivers To Win 1, 2 up to 10 races. BetUS has comprehensive offerings for all sports it carries, too. Plus, it has a racebook and casino. For more than two decades, this operation has earned popularity among US players.
For people who have just picked up the sport and don’t want to do multiple wagers, BetOnline has simple prop bets you won’t likely find elsewhere. You can answer “yes” or “no” to whether there will be a red flag during a race, a safety-car appearance, a first-lap retirement, and others. The odds here are usually tight (-130 or better), so you don’t stand to lose much.
If you are new to betting altogether, BetOnline has a Wagering 101 section and a reliable Support staff. New player bonuses offer a 50% match for up to $250 in free bets and 100 free spins on the casino side.
MyBookie is a good place to find season specials, such as odds on whether any of 17 drivers will win a race during the season. That goes for teams to win a race, too. And there are head-to-head matchups for teams and constructors. Look for MyBookie’s Motorsports News section to read up on the Formula 1 season.
It’s all part of MyBookie’s comprehensive coverage of the sport. You can also find a 50% match bonus for up to $1,000.
By comparison, futures for the Formula 1 drivers championship at Sportsbetting.ag are as fair as any site, if not better. You should check in with the site regularly because they add and subtract futures offerings as the season progresses. Their variety of race specials and matchups is strong.
I have had an active account at Sportsbetting.ag for years and have been happy with the markets in major sports.
Go to Bovada’s versatile mobile site, scroll to Sports A-Z, and you will find a Formula 1 lineup that is as full as you would on the PC site. They have the basic Formula 1 wagers, but you will also see a Hat Trick prop on whether any diver will win the pole, the race, and have the fastest lap. You can also pick up something on whether a driver will finish in the top 6 of a race.
Bovada has held a good rep over the years and has adapted well to mobile play. I called it up in a couple of places, and the connection was reliable, the site easy to navigate, and the display suitable for even the smallest smartphone.
Here’s a look at how some of our top F1 betting sites stack up against one another.
| Sportsbook | Number of F1 Lines | Sports Welcome Bonus | Minimum Deposit | Read Our Review |
|---|---|---|---|---|
| BetUs | 72 | 125% first 3 deposits up to $2,000 | $10, $100 for bonus | BetUS Review |
| BetOnline | 62 | 50% up to $250 | $25, $50 for bonus | BetOnline Review |
| SportsBetting.ag | 62 | 50% up to $250 | $25, $50 for bonus | SportsBetting.ag Review |
| MyBookie | 59 | 50% up to $1,000 | $45 | MyBookie Review |
| Bovada | 67 | 75% up to $750 Crypto | $20 | Bovada Review |
To make your site shopping easier, we put all the sportsbooks we review through the same thorough ranking process. That covers banking, bonuses, terms, security, support, and more.
The biggest F1 events bring out the big money, so lines change more frequently. The best sites for these races offer the best odds.
It’s more than just picking a winner, so we like sites that offer a wider variety of futures and specials. We want you to be able to choose from all sorts of props.
Getting your money in and out of a site is crucial in any type of online wagering. We look for sites with banking that has as much security and require as little hassle as possible.
Each FI event has its unique circuit and following. But these are can’t-miss races for everyone:
Run since 1929, Monaco is the classic of the F1 events. The glamour and scenery surrounding its challenging 2-mile circuit have made it part of the Triple Crown of Motorsport. It is usually run the last week of May or first week of June. Tire management is crucial.
Cars can reach exceptional speeds on the straightaways of the 5-mile course in Monza. Lewis Hamilton once averaged 164 mph over the circuit, faster than Indy. So, acceleration and braking are key factors. The race comes up in September.
This was the inaugural race of the Formula One World Championship in 1950 and has been a highlight of every season since. Hamilton has won it nine times, more than anyone. It’s usually held the first week in July.
Having been held at several venues since the early 1900s, this event’s current home is the purpose-built Circuit of The Americas in Austin, TX. Attendance figures reach around 300,000, helped by major concerts that surround the late-October race.
An F1 driver’s showing in recent races, over particular courses, and in weather or day-night conditions is a good indicator of how they’ll do in the coming race.
As much as any other sport, Formula 1 requires teamwork. Keep an eye on how teams like Mercedes, Red Bull, Ferrari, and others have performed during any stretch of the season. How they deal with tires and hybrid power systems are clues to success.
You can pick up on driver tendencies at a track if you follow practice sessions and qualifying rounds. How a car handles during the week may be key to a performance on race day.
Take in as much news as possible about seasonal and specific race trends. A driver may have a specific reason for changing teams, and teams sometimes adjust car packages. Motorsport, PlanetF1, and Formula 1 are good sources.
You want to stay in the game. So, we stress responsible wagering as part of any gambler’s toolbox. That means sticking to a reasonable betting budget, taking breaks, not chasing losses, and other practices that make a responsible gambler.
Here are some sites that will help you guard against bad habits or get you back on course:
Hop in and start your Formula 1 betting trip for one of the most interesting sports gambling ventures you’ll find.
The best sites for F1 betting, in our opinion, are BetUS for their wide variety of wagers, and BetOnline for their beginner-friendly bet slip.
We hope you’ll remember these top sites, tips, and events in your journey to the checkered flag.
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