Online Betting / F1 Betting Sites

Bet with the Best F1 Betting Sites for the 2024 Season

James Leeland
Editor
Fact checked by: Jim Knight
Last Updated on 16.05.2024

Formula 1 is about big personalities, like Lewis Hamilton. For F1 fans, it’s also about placing bets on their favourite drivers and teams. With the season just around the corner, it’s time to look for the best F1 betting sites.

When choosing a betting site for F1 races, you must consider several key factors, such as availability of live betting options, comprehensive coverage of races, and the provision of expert tips. The ideal sites offer not just the ability to bet on outright winners, but also on fastest laps, podium finishes, and constructor championship outcomes. Keep reading to learn more!

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Discover the best F1 racing odds at these stellar bookmakers below

1.
4.5/5
Bet365 Review by Jim Knight
Bet365
  • High max win limits up to $2,000,000
  • Competitive odds across various sports
  • Extensive live betting
Bet Selection
Basketball, Cycling, Darts, Football, Handball, Horse Racing, Motor Sport, Rugby, Tennis, Volleyball, Ice Hockey, Esports, American Football, Baseball, Golf, Cricket, Table Tennis, Boxing, Alpine skiing, Aussie Rules, Snooker, Biathlon, Cross-country Skiing
Gaming Licence
Virginia (US) Lottery Board
Withdrawal Time
0 – 10 Days
Support Types
Live Chat, Phone, Email Support
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
Play Now
Show Less
At bet365 we don’t do ordinary, that’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
2.
3.8/5
BetMGM Review by James Leeland
BetMGM
  • Great market selection
  • Live betting with great statistics
  • Highly competitive odds
Bet Selection
Basketball, Cycling, Darts, Football, Handball, Hockey, Motor Sport, Rugby, Swimming, Tennis, Volleyball, American Football, Baseball, Golf, Cricket, Table Tennis, Boxing, Mixed Martial Arts, Snooker
Gaming Licence
Virginia (US) Lottery Board
Withdrawal Time
0 – 3 Days
Support Types
Email Support
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Play Now
PayNearMe
Skrill
PayPal
Bank Transfer
+9
Show Less
T&Cs apply, 21+
3.
3.8/5
DraftKings Review by James Leeland
DraftKings
  • <p>Huge Fantasy Sportsbook</p><p>Plenty of Ongoing Boosts</p><p>No Live Streaming </p>

Bet Selection
Basketball, Cycling, Darts, Football, Handball, Hockey, Motor Sport, Rugby, Tennis, Volleyball, American Football, Baseball, Golf, Cricket, Table Tennis, Boxing, Mixed Martial Arts, Aussie Rules, Snooker
Gaming Licence
Virginia (US) Lottery Board
Withdrawal Time
1 – 5 Days
Support Types
Live Chat, Phone, Email Support
20% up to $1000
Play Now
PayPal
VIP Preferred
Play+
Discover
+5
Show Less
T&Cs apply, 21+
4.
3.8/5
BetRivers.com Review by James Leeland
BetRivers.com
  • Engaging and fun live betting experience
  • 20+ sports to bet on
  • Same Game Parlay feature on NFL Games
Bonus Code
Copy
Bet Selection
Basketball, Cycling, Darts, Football, Hockey, Motor Sport, Rugby, Tennis, Volleyball, Ice Hockey, Esports, American Football, Baseball, Golf, Cricket, Boxing, Mixed Martial Arts, ESport League of Legends, ESport Valorant, Aussie Rules
Gaming Licence
Virginia (US) Lottery Board
Withdrawal Time
0 Days
Support Types
Live Chat, Email Support
Second chance bet: Get up to $500 in Bonus Bets
Play Now
PayNearMe
Bank Transfer
VIP Preferred
PayPal
+6
Show More
T&Cs apply, 21+
5.
3.8/5
FanDuel Review by James Leeland
FanDuel
  • Comprehensive FanDuel TV+ Coverage
  • Big $150 Free Bet Bonus
  • High $1 Million Maximum Win Per Bet
Bet Selection
Basketball, Cycling, Darts, Football, Handball, Horse Racing, Motor Sport, Rugby, Tennis, Ice Hockey, American Football, Baseball, Golf, Cricket, Table Tennis, Boxing, Aussie Rules, Snooker
Gaming Licence
Virginia (US) Lottery Board
Withdrawal Time
1 – 10 Days
Support Types
Live Chat, Phone, Email Support
Bet $5 Get $150 in Bonus Bets if your bet wins
Play Now
Prepaid Card
PayNearMe
PayPal
Bank Transfer
+8
Show More
T&Cs apply, 21+
6.
Caesars Review by James Leeland
Caesars
  • Fun and immersive live betting experience
  • 15+ sports to bet on
  • Bet on virtual games
Bet Selection
Basketball, Cycling, Darts, Football, Hockey, Horse Racing, Motor Sport, Rugby, Tennis, American Football, Baseball, Golf, Cricket, Table Tennis, Boxing, Mixed Martial Arts, Aussie Rules, Snooker
Gaming Licence
Virginia (US) Lottery Board
Withdrawal Time
1 – 5 Days
Support Types
Live Chat, Phone, Email Support
100% up to $1000
E-Check
PayNearMe
PayPal
Bank Transfer
+7
Show More
T&Cs apply, 21+

Finding the Best Formula 1 Betting Site

When searching for the best Formula 1 betting sites, there are several factors to consider that will enhance your betting experience. So, read our reviews for the best F1 betting sites on the market!

Bet365 – Bet Boosts for Formula One

Bet365 live streaming
Use your welcome bonus on F1 markets
Bet365 main
Enjoy competitive odds at Bet365
  • F1 Bet Boosts
  • In-Play Betting
  • Welcome Bonus Applies to F1
  • Wide Range of F1 Markets
  • No F1 Live Streaming
  • Not Enough F1 Content

Bet365 is by no means one of the new betting sites, but it has become a renowned name in the world of online sports betting and Formula 1 is a big part of its arsenal. The platform’s F1 Bet Boosts are a significant draw for those looking to get more value out of their bets. For instance, you can get a boost on Bahrain Grand Prix winners where the price jumps from 21.0 to 23.0. This, coupled with the free bets welcome bonus that applies to F1 bets is particularly effective in reducing the entry barrier for first-time bettors passionate about racing.

In terms of market coverage, Bet365 offers an impressive array of options, including race winner, podium finish, fastest lap, top 6 finish, and more. Their expansive selection of in-play betting options is another aspect that makes it the best Formula 1 betting site, including ‘Fastest Lap Time,’ ‘Number of Pit Stops,’ and ‘Driver Head to Head’ wagers.

However, a major downside to Bet365’s Formula 1 betting services is the absence of live streaming for races. Additionally, the platform doesn’t offer enough specialised content, such as expert analysis, race previews, or driver interviews that could provide bettors with an informational edge. There’s nothing on the sports blog for F1 this year.

Bet365
Sports Bonus
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
Play Now
At bet365 we don’t do ordinary, that’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+

Ladbrokes – Competitive Odds for Formula One

Ladbrokes is a top sportsbook
Get F1 tips at Ladbrokes
Ladbrokes accumulator betting
Great event coverage for Formula One
  • Competitive F1 Odds
  • In-Play & Outright Markets
  • Good Event Coverage
  • F1 News & Tips
  • Market Coverage Could be Deeper
  • Hard to Find F1 Odds

Ladbrokes’ reputation as one of the top Formula 1 betting sites is cemented by their odds. For instance, they have the best price for Lewis Hamilton to win the Drivers Championship. This is set at 16.0 and beats rivals at 14.0. Not only that, but the availability of both in-play and outright markets caters to a variety of betting styles. In terms of outrights, Ladbrokes offers options like “Top 3 Finish in the Drivers Championship” and “Winning Constructor of the Season” and for in-play, punters can bet on happenings such as “Driver to Set the Next Fastest Lap” or “Number of Pit Stops During the Race.”

Their thorough event coverage ensures that all significant races are available for betting, which keeps enthusiasts continuously engaged throughout the F1 season. This includes major events like the Monaco Grand Prix, British Grand Prix, and Abu Dhabi Grand Prix as well as minor events like the Austrian Grand Prix and British Grand Prix. Additionally, Ladbrokes offers a dedicated section for F1 news and tips on their website. This provides valuable insight into the upcoming races and driver performances from experts in the field.

Despite the strengths of Ladbrokes’ F1 options, there are areas with room for improvement. The market coverage, while comprehensive, lacks depth in some areas. For instance, it is missing some prop bets like “Fastest Lap Time” or “Number of Safety Car Periods.” Moreover, F1 odds can sometimes be difficult to locate on the platform, potentially causing frustration. They are buried in the racing section, and you have to search for them using the search bar.

William Hill – Good for In-Play Betting

William Hill main
Excellent coverage of political events across the world
William Hill mobile sports betting
Competitive odds on politics markets
  • Superb Market Depth
  • Good Odds
  • Excellent In-Play Betting
  • Bet Boosts Available
  • No Specific F1 Section on the Site
  • Odds Could be Easier to Find

William Hill stands out amongst F1 betting sites for its superb market depth in F1 betting. Bettors can engage with classic markets, such as race winner and podium finishes, as well as more niche F1 betting markets, like the number of finishers. Additionally, William Hill offers good odds on their F1 events. For example, for the F1 Championship they have a vs bet on Charles Leclerc v Carlos Sainz, which is set at 1.5 and matches similar competitors. Furthermore, they have periodic offers of bet boosts, which provides an added incentive. However, these are only released just prior to races.

Additionally, their excellent in-play betting interface allows fans to create a strong live betting strategy, placing bets on in-play markets like fastest lap times and number of safety car periods. There are a huge variety of in-play betting markets and the loading times of the site are quick and lag free so you get quick live stat updates.

One notable downside of William Hill is the absence of a dedicated F1 section on their site, which affects ease of navigation for users specifically interested in motorsports. Once again, it is hidden in the Motorsports section on the left-hand side. Odds are also hard to find. You need to dig through the events section before you find F1, and then it isn’t clear where the outright markets are. Creating a distinct F1 section and enhancing the visibility of odds could streamline the betting process significantly.

Best Features of F1 Betting Bookies

Certain features are critical to a bettor’s experience when reviewing sports betting platforms for specific sports like F1. Here are our top priorities for top formula 1 betting sites:

Coverage of Key F1 Calendar Events

The Formula 1 calendar is teeming with high-stakes races that attract avid bettors worldwide. We looked for sites that offer comprehensive coverage of the F1 season, including all races and qualifying sessions to consider when you bet on F1.

EventDescription
Australian Grand PrixThe thrilling season opener that sets the stage for the year’s competition.
Monaco Grand PrixKnown for its glamour and difficulty, a favourite for both viewers and bettors.
British Grand PrixA historic race that takes place at the iconic Silverstone Circuit, critical for in-season betting trends.
Italian Grand PrixThe high-speed Monza circuit hosts this event, often impacting the drivers’ championship odds.
Singapore Grand PrixA night race with unpredictable outcomes, providing exciting betting opportunities.
Abu Dhabi Grand PrixThe season’s finale, where championships are often decided and final bets are placed.
Canadian Grand PrixKnown for its unexpected weather changes, this race adds an element of unpredictability to betting.
Japanese Grand PrixSuzuka Circuit’s unique figure-eight layout provides a technical challenge for drivers and bettors alike.
Brazilian Grand PrixKnown for its passionate fans and often dramatic races impacting late-season standings.
Belgian Grand PrixFeatures the legendary Eau Rouge corner, offering dynamic odds as drivers navigate this challenging section.

These races are just a few of the notable events on the F1 calendar, each with its own distinctive characteristics and impact on betting strategies. Understanding the nuances of each track and race can give bettors an edge when placing their wager at top F1 betting sites.

Market Coverage for F1 Betting

In evaluating F1 betting sites, the breadth of market coverage within F1 was a significant factor as well. This includes not only the options for betting on race winners or podium finishes but also the availability of prop bets, such as individual driver match-ups, constructor championships, and the occurrence of safety cars.

Understanding Formula One markets is crucial for making informed bets, whether you’re a seasoned gambler or a motorsport enthusiast looking for the best online betting sites for F1.

Betting MarketDescription
Race WinnerBetting on which driver will clinch the top spot on the podium.
Podium FinishWagering on a driver to finish in the top three.
Fastest LapThis market focuses on who will secure the fastest lap during a race.
Pole PositionA bet on which driver will qualify first and start the race from the front.
Points FinishPredicting drivers who will finish the race within the points, typically the top 10.
Constructors’ Championship WinnerA long-term bet on which team will accumulate the most points throughout the season.
Drivers’ Championship WinnerSimilar to the Constructors’ market, but focusing on individual drivers.
RetirementsBetting on whether a driver will not finish the race, often due to mechanical failure or collisions.
Safety Car AppearanceA bet on whether the safety car will be deployed during the race.
Fastest Pit StopThis market focuses on the team that will execute the fastest pit stop during the race.
Grands Prix WinnersBetting on the number of different Grands Prix a driver or team will win during a season.

As you can see, Formula 1 betting offers a wide range of options. Whether you want to place a long-term bet on the Constructors’ or Drivers’ Championship winner, or make predictions for specific races and events, there is something for everyone. All you need is a good site.

F1 Odds Comparison

We compared the odds for F1 races across multiple bookmakers to determine which site offers the most competitive odds. This is important for maximising potential winnings on your F1 bets. When it comes to competitive odds in popular markets such as outright winners, stay around 1.14 to 1.17. The site you choose should routinely offer odds around here or better.

In-Play Features

The dynamic nature of F1 races demands in-play betting features that allow bettors to make wagers as the action unfolds on the track. First, you need a solid range of in-play betting options available, such as race leader, fastest lap, and pit stop predictions. Then, it’s a good idea to consider the responsiveness of the platforms when placing in-play bets and viewing the latest odds. With such a fast paced sport it is important to have a sportsbook which keeps up to date within a race and is able to let you react to those changes with little lag. Live stats and quick odds updates are particularly necessary for F1.

Bet Boosts & Welcome Offers

When new bettors join a sports betting platform, welcoming them with competitive promotions can greatly enhance their initial experience. We sought out sites that present valuable bet boosts on key events like the Bahrain Grand Prix or the Monaco Grand Prix and generous welcome offers for F1 specifically.

It’s relatively common to find promotions for the more popular sports, and you want to make sure that when you’re choosing an F1 bookie they care as much about the sport as you do, either with promotions that can easily apply to F1 or with specific offers which are updated regularly.

F1 Tips and Strategies

We looked for sites that offer expert tips and strategies for F1 betting, including analysis of past races, driver and team performance, and track conditions. Last minute analysis from experts can highlight a complete change in favourite to win or similar outcomes and in the lead up to races they have the contacts within the industry to flag up potential important information. These insights can help bettors make more informed decisions.

Wrapping Up Our F1 Betting Sites Review

Identifying the best F1 betting sites is about finding a balance between competitive odds, in-play features tailored for the dynamic nature of races, and valuable promotions that enhance the betting experience. At the same time, you want sites that maximise event coverage and betting markets, along with supporting content that allows bettors to consider their bets from different expert angles.

Bet365, Ladbrokes, and William Hill consistently stand out due to their comprehensive offerings that cater well to F1 enthusiasts. For those who are eager to start their F1 wagering journey, the top sites we’ve highlighted offer a great starting point. Check them out for advantageous odds and resources to make an informed bet.

Great bonuses for F1 betting

1.
Bet365
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
Play Now
At bet365 we don’t do ordinary, that’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $1000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
2.
BetMGM
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Play Now
T&Cs apply, 21+
PayNearMe
Skrill
PayPal
Bank Transfer
+9
3.
DraftKings
20% up to $1000
Play Now
T&Cs apply, 21+
PayPal
VIP Preferred
Play+
Discover
+5
4.
BetRivers.com
Second chance bet: Get up to $500 in Bonus Bets
Play Now
T&Cs apply, 21+
PayNearMe
Bank Transfer
VIP Preferred
PayPal
+6
5.
FanDuel
Bet $5 Get $150 in Bonus Bets if your bet wins
Play Now
T&Cs apply, 21+
Prepaid Card
PayNearMe
PayPal
Bank Transfer
+8

Best F1 Betting Sites FAQ

🏎️ Can you bet on Formula 1?

Yes, you can bet on Formula 1. The excitement and unpredictability of the sport make it a popular choice for bettors.

⭐️ What are the best sites for wagering on F1?

When it comes to wagering on Formula 1, some of the best sites include Bet365, Ladbrokes, and William Hill, which rise above the competition with their extensive market options, live betting opportunities, and comprehensive racing coverage.

🆚 What are some major events in the F1 gambling calendar?

The F1 gambling calendar is studded with high-profile events that attract bettors from around the globe. Some of the pinnacle events include the Monaco Grand Prix, known for its glitz and challenges, and the British Grand Prix at Silverstone, steeped in racing history.

🙋‍ What are some common markets for wagering on F1?

Formula 1 betting markets cover a wide spectrum, catering to various preferences among punters. Common markets include the outright winner of races, podium finishes, and fastest lap times. Additionally, bettors can wager on constructors’ championship winners, driver matchups, and ‘prop’ bets such as the number of safety car appearances or retirements in a race.

🔥 Which betting site offers the best F1 news and tips?

Several betting sites stand out for providing top-notch F1 news and tips, but Ladbrokes emerges as a frontrunner. With an extensive sports coverage portfolio, the Ladbrokes’s F1 section is rich in up-to-the-minute news, insightful analyses, and valuable tips provided by seasoned experts in motor racing.

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