Best F1 Betting Sites – Top Formula 1 Sportsbooks

Get Started on the F1 Championship

The F1 Championship is a yearly tour in which teams of racing drivers go head to head on a series of circuits, known as the Grand Prix. Drivers can rack up points for their performances at these individual circuits, and at the end of the season, the driver with the most points wins the Drivers’ Championship. There is also a constructors’ championship, as the racing car builders also pick up points during Grands Prix (the spelling for multiple Grand Prix is Grands Prix), and those points add to their score in the constructors’ championship.

Pretty simple in theory really, but what makes the F1 Championship so globally popular is that these circuits are located all over the world. Each season different circuits are picked by the Federation Internationale de l’Autombile, or FIA. Some circuits appear regularly, and date back to when the F1 Championship began in 1950. Each circuit has its own characteristics, posing different challenges for the drivers. Here are a few of our favorite Grand Prix circuits:

Compare the Best 10 F1 Betting Sites in the US

Need help finding the best US F1 betting site? We have compared the top 10, so you can instantly see how they stack up against each other!

F1 Betting Promo Codes

Boosting your F1 bets just got a whole lot easier thanks to the range of exclusive bonuses and promo codes up for grabs at the F1 online sportsbook. You can claim bonus bets, bonus cash, deposit bonuses, and more! You can use the betting sites’ own money to gamble on your favorite drivers and quickly grow your bankroll. F1 bonuses are a great way to reduce your risk while at the same time increasing your payouts.

Here are the current 5 best F1 betting bonuses and how to claim them! You can use these bonuses for all GPs and all bet types, including race winner, fastest lap, and more!

Different F1 Sports Betting Bonuses Explained!

What exactly is the difference between betting credits and a bonus bet wager? Keep reading to quickly get up to speed on the latest promo offers!

• Bonus Bets – With a bonus bet you can make a wager on an F1 race without risking your own cash. The bets can have odd restrictions, event restrictions, and winnings often have a play-through requirement before you can cash out.
• Betting Credit Bonus – With a credit bonus, you get all or part of your stake returned if your bet loses. For example, if you bet $100 on Max Verstappen to win the Azerbaijan GP and he loses, $100 will be sent back to your account. The returned cash will often have a wagering requirement. They can come in the form of Cashback Specials or No Sweat Bets.
• Deposit Bonus – A deposit bonus is any promo deal you receive when you add funds to your account. You could receive bonus cash, bonus bets, or cashback offers.
• No Deposit Bonus – This is any bonus deal you receive when you create an online sportsbook account. For example, when you sign up, you might receive a $5 bet on any F1 GP.

If you are wondering how sportsbooks can give away “free” cash, then you need to have a look at the terms and conditions section. Each bonus comes with specific rules, such as wagering requirements, betting odds restrictions, and expiration dates. These conditions reduce the amount that sites lose from bonus offers. Also, sportsbooks have crunched the numbers and determined that welcome bonuses attract enough new players and betting revenue to make them profitable.

F1 Betting Sites Rating Process: Aspects To Look For

To ensure we only recommend the best F1 betting sites in the US, we have created an extensive methodology where we test the key aspects of the sportsbook. Here are the aspects we pay special attention to:

Licensing

It doesn’t matter if a betting site has incredible F1 betting odds and mouth-watering bonuses – if they are not licensed, we can’t recommend it. This is because a sportsbook needs to be licensed in the US and operating within a state that has legalized online sports betting to offer its services to Americans.

Otherwise, they are an illegal organization, and you have very little recourse if the site confiscates your deposit or doesn’t process a withdrawal. Also, in some states, you may be breaking the law by betting with a non-licensed sportsbook.

Odds

To ensure you get the highest payout possible for your winning F1 bets, you need to find sites that offer enhanced odds or odds boosts. Odds can vary significantly between different sportsbooks, so it is always wise to check F1 markets on different betting sites to find the best deal.

F1 Betting Options

F1 is a major sport, so most sportsbooks will offer markets for all grand prix races. However, with certain sportsbooks, you are lucky to make a race winner wager, while other betting sites have 10 + betting options, including exciting prop bets. The more betting options, the more likely you are to find soft odds and profitable spots.

F1 Live Betting

With F1 live betting, you get to watch the race and then place wagers as the drama unfolds on the track. This not only makes watching a race more exciting, but it can also boost your win percentage. After watching a few laps, you can quickly identify the in-form drivers!

Sportsbook Bonuses

How do you quickly build a bankroll? Claim bonuses! When looking for a top F1 US sportsbook, make sure they offer deposit bonuses, bonus bets, cashback, and insurance. It’s a plus if they have specific promotions for F1 races! Before you claim any deal, closely read the terms and conditions. You don’t want to be stuck with a bonus with high wagering requirements and be restricted to high-odds bets.

Key Takeaway: All the US F1 betting sites we recommend shine based on the above criteria. They are all licensed, let you bet on every single F1 GP live, have more markets than you can handle, will boost your bankroll with odds, and always offer market-beating odds!

Best F1 Betting Sites Review Summary

Getting Started with F1 Betting Online

F1 betting online is as simple as creating an account, depositing, and placing a bet. The whole process is lightning-quick. Follow these steps to make your first F1 bet today!

Create an F1 Betting Account

1. Go to FanDuel (for example – the process doesn’t differ on the rest F1 betting sites listed)
2. Click Join Now
3. Create a username and password
4. Enter your first and last name, date of birth, address, last 4 digits of your Social Security number, and email
5. Agree to the site’s terms and conditions
6. Verify your account by clicking on the link sent to your email

Deposit

1. Sign into your FanDuel account
2. Tap on the account icon at the top of screen
3. Click Deposit under your account
4. Enter the amount you wish to deposit
5. Select the payment method
6. Enter your payment details
7. Confirm your deposit – The funds will show up instantly!

Place an F1 Bet

1. Log into your FanDuel account
2. Scroll down and click on Motorsport via the menu on the left-hand side of your screen
3. Click on F1
4. Choose a grand prix
5. Select your bet type
6. Enter your stake
7. Click green Place Bet button

Withdraw

1. Sign into your FanDuel account
2. Click on the account icon at the top of screen
3. Tap Withdraw
4. Select your payment method
5. Enter the amount you wish to cash out
6. Click Continue
7. Enter your payment details
8. Confirm your withdrawal – Depending on your withdrawal method, you should receive the money between 1 and 7 days.

F1 Betting Types

F1 betting does not have as many options as other sports, but our recommended sportsbooks still give you lots of exciting ways to bet on races.

F1 betting works the same way as other types of sports betting. You make a prediction about the outcome of a race or an event within the race, and if your prediction is correct, you win! The amount you win is based on the size of your bet and the odds the sportsbook provides. Here are the most common F1 bet types:

• Race Winner – You can’t get more beginner friendly than this bet. Simply predict which driver is going to win a particular race, and if you are right, you win! For example, you might bet on Charles Leclerc to win the Monaco GP.
• Pole Position – This is similar to a race winner wager, but instead, you need to correctly predict the winner of qualifying. If your favorite driver earns pole position, you can earn a fat payday!
• Podium Finish – In this bet, you win if your chosen drive finishes the GP in the top 3. It doesn’t matter if they come 1st, 2nd, or 3rd! For example, if you bet on Carlos Sainz Jr to make a podium finish at the 2023 Bahrain GP, you would have just lost as the Spanish driver finished 4th!
• Fastest Lap – Predict which driver will record the fastest lap throughout the entire race. It doesn’t matter if it happens on the first or last lap of the grand prix!
• Head-to-Head Betting – With this wager, you convert a race into a 1v1 battle. You can bet on Driver A or B, and if your driver finishes the race higher than the other driver, you win! For example, you could bet on Gary Russell to beat Lewis Hamilton in the next Grand Prix. It doesn’t matter where Russell finishes; as long as he beats Hamilton, your bet pays out.
• First Driver to Retire – You need to predict which driver will quit the race first. It can be for any reason, such as car difficulties or a nasty crash.
• Driver’s Championship – This bet is all about predicting which driver will win the whole F1 competition. For example, you could bet on Max Verstappen to lift the F1 trophy in the upcoming F1 Championship.
• Safety Car Period – This is a Yes/No bet where you need to guess whether a safety car will be used at any point during an F1 GP. Safety cars are typically deployed following a crash or bad weather.
• Winning Margin – You already know who is going to win the race? Then chase higher odds by predicting how many seconds the driver will win by.

F1 betting sites give you the freedom to bet on virtually every aspect of a race. With so many choices, you will always find wagers worth taking!

Best F1 Bets for Beginners

If you are just starting F1 betting, don’t get too fancy. Stick to simple bets that still give you a great chance to win. We recommend these F1 bet types:

• Race Winner – You can’t get more beginner friendly than this bet. You have probably made this wager with your buddies, even if the stakes were a beer! With a race winner wager, stick to the heavy favorites and avoid wasting money on fairytale underdogs, their cars aren’t fast enough!
• Pole Position – Can’t wait for race day? Then bet on qualifying with this fun wager. Remember that the big car makers like Ferrari, Mercedes, and Red Bull dominate qualifying.
• Podium Finish – This type of F1 bet is great if you want to reduce your risk. Even if a heavy pre-race favorite has a bad day, they are unlikely to drop out of the top 3. A great way to increase your win percentage is to bet on the pole position driver to make the top 3. However, note this bet offers lower odds than a race-winner wager.

Betting Options for F1 Experts

As you quickly become an expert on F1 betting (our article will get you halfway there), you can start experimenting with more exotic and complex bets, as well as start utilizing betting systems. Here are some F1 bets which are great for betting experts:

• Driver’s Championship – This bet is essentially a combination of race-winner wagers. You need to predict how a driver will perform over the entire season rather than just individual races. Every F1 season, realistically there are only 3 to 4 drivers that could win the championship, so avoid underdogs like the plague!
• Fastest Lap – This bet can be a bit tricky because it isn’t always the race winner who records the fastest lap. Sometimes a driver in the middle of the pack will have the lap of his life or slam on the accelerator trying to overtake a rival.
• Winning Margin – This bet is best left to the experts because you not only have to predict the winning driver but their winning margin, which decreases your win percentage. To improve your odds, you need to look at historical races and see how many seconds your selected driver usually wins by.

F1 Live Betting

Keep betting right up until the final lap, thanks to F1 live betting! Here are some wager types best suited for F1 live betting:

• Head-to-Head Betting – Spend a few laps closely watching two drivers, identify which of the drivers is in form, and then bet on them to beat their rival! This bet is extremely exciting and profitable if you can successfully predict a driver in, for example, 3rd position to leapfrog the race leader!
• First Driver to Retire – Do you notice something wrong with a driver’s car? Is that smoke coming out of their engine? Quickly lock in your first driver to retire bet!
• Safety Car Period – Are drivers being reckless around that bend? Has the weather changed for the worse? Then it is likely a safety car will enter the race. By watching the race live before making this bet, you can increase your odds of winning.

Importance of Finding the Right F1 Betting Site

Are you tired of terrible F1 odds? Do you want more betting options and better bonuses? Then it is time to find an F1 betting site that actually cares about motorsport.

The F1 betting markets are booming at FanDuel! Bet on every race throughout the season, including the legendary Monaco GP, and take advantage of super generous odds. FanDuel has the most extensive F1 live betting markets we have come across, and with tons of exciting prop bets, every race becomes a must-watch event! Make your first F1 bet at FanDuel right now and claim their exclusive no sweat welcome bet bonus of up to $1000!

All of the other top five betting sites for Formula 1 betting are up there with FanDuel, so it can’t hurt to pick up some additional bonuses by signing up with multiple sportsbooks.