Looking for the best F1 betting sites available online? Well, pull up a chair. You’re in the right place. We’ve got a list of eight fantastic online bookmakers ready and waiting for your patronage.
Chief amongst them is BetOnline. Want to find out why? You’ll have to read on. (At least for a little bit.)
Besides, you won’t want to miss out on all the exclusive tips and info we’ve got packed into this article.
Ready to see the full list? Lights out, and away we go.
Best F1 Betting Sites
- BetOnline – Best overall
- Bovada – Best for prop bets
- MyBookie – Best V.I.P. program
- EveryGame – Most generous welcome bonus
- XBet – Best for live Formula 1 betting
- Thunderpick – Comprehensive betting markets
- BetUS – Free picks and predictions
- Sportsbetting.AG – Best for contests
1. BetOnline – Best F1 Betting Site Overall
- Enjoy $25 of free play for live betting
- Benefit from competitive betting odds
- Get a 25% bonus on every reload
- Access to F1 match odds
- Over two decades of industry experience
- $1000 welcome bonus
- Transaction fees for traditional banking methods
F1 Betting Features 5/5
From individual races to the driver’s and constructor’s championships, every type of wager is accommodated in BetOnline’s robust and well-curated F1 betting segment.
Additionally, more attentive F1 fans can explore other exciting betting options, such as speculating whether George Russell can surpass his Mercedes teammate, the iconic racing superstar Lewis Hamilton, in the final standings.
Overall, there’s a lot to get stuck into. Even as the F1 betting season unfolds, you’ll find more and more avenues for wagers and bets. So, be sure to bookmark and return when you can.
Bonuses & Promotions 5/5
There’s a lot to like about BetOnline’s bonus offerings. Chief amongst them is the welcome promotion, in which you can bag yourself up to $1000 in bonus funds using a 50% deposit match.
That’s not all. First-time bettors can also get a completely risk-free $25 live bet, as well as the same for a pre-game player prop wager.
There’s also a fine incentive to keep coming back. Players can grab themselves a 25% reload bonus each time they deposit $100. There’s no limit to the number of times you can claim it either, so fill your boots!
BetOnline has a pretty robust selection of payment methods, although it’s pretty lopsided in favor of cryptocurrencies. While there are four traditional banking methods to choose from, there are around 16 different crypto coins.
There are plenty of excellent features to be found throughout BetOnline’s sportsbook, including same-game parlays, prop builders, and more. All of which makes F1 betting here all the more accessible and fun.
2. Bovada – Best F1 Betting Site for Prop Bets
- Great reward system
- Request your very own F1 bets
- Top F1 prop bets
- Intuitive design
- Stiff credit card fees
F1 Betting Features 5/5
As well as the usual F1 markets bettors know and love, Bovada also includes some more curious wagers to choose from as well. For example, you can bet on how many thousandths of a second the winning margin will end up being.
As we said, slightly curious and not your usual punt. However, something interesting to consider for those amongst you who enjoy betting on F1 but are perhaps a little tired of the usual markets.
There are also some markets for head-to-head drivers records. If you think one driver will end up finishing higher in the standings than another, you can bet on it here in select match-ups. Something for the fanboys amongst you, we suspect.
Bonuses & Promotions 5/5
New users can create an account with Bovada today and claim a welcome bonus of up to $750. This promotional offer matches 75% of your initial deposit. To illustrate, should you decide to deposit $100 as your first payment, Bovada will reward you with an additional $75 in bonus funds.
With Bovada’s loyalty system, players can expect to earn points in all bets they make, as well as any winnings accumulated. Eventually, enough points can be swapped for bonus funds and bets that can be wagered on any sport of your choice.
Perhaps Bovada’s most intriguing feature is ‘What’s Ya Wager?’. This allows players to create an entirely original bet based on their own choices, send it to Bovada, and if approved, it will be made available alongside other F1 betting markets.
In theory, you could request a bet that looks like this:
Max Verstappen to win
George Russell to get a podium finish
Alonso to get a points finish
Interested in learning more about this bookie? Check our in-depth Bovada review.
3. MyBookie – Best V.I.P. Program of All F1 Betting Sites
- Top V.I.P. program
- 200% referral bonus
- Unique F1 side markets
- $1000 sign-up bonus
- Limited payment methods
F1 Betting Features 5/5
Races, the driver’s championship, the constructor’s championship – all the markets are here for a healthy and well-organized F1 betting section.
There are also other exciting bets to explore here as well, such as whether George Russell will be able to outdo British teammate and motorsport racing legend Lewis Hamilton – and finish above him in the standings.
You can extend that personal rivalry betting to the constructors, too. Reckon Mercedes may be able to finish above Italian rivals Ferrari? Why not have a wager?
Bonuses & Promotions 5/5
MyBookie features a lucrative $1000 welcome bonus as part of a 50% deposit match deal. This can be activated with a minimum $50 deposit. If you’re a casino fan, you’re in luck – this also comes with a free $10 casino chip.
If you fancy bringing your pals along for the ride, you can get a 200% referral bonus. On top of that, there’s a range of betting contests across different sports to keep you happy throughout the season.
MyBookie features a range of eligible cryptocurrencies to use on-site, including popular mainstays like BTC and ETH. All crypto options come with zero transaction fees and the ability to withdraw almost instantly.
For any beginners, MyBookie includes helpful guides on placing bets on the F1, including consistently updated articles throughout the season on brand-new talking points and storylines for everyone’s favorite motorsport.
4. Everygame – Best F1 Betting Site With Low Bonus Wagering
- Competitive F1 odds
- Lucrative three-tiered welcome bonus
- Parlay challenges
- Harsh withdrawal limits
F1 Betting Features 4/5
Everygame has everything you’d pretty much ask for when it comes to a Formula 1 betting section. That is to say; there’s nothing really to write home about – or complain about, either.
One feature we enjoyed was the ‘hottest bets’ section. In case you were ever lacking inspiration for your wagers; you can check here to see what the rest of the members here are punting their hard-earned cash on.
Bonuses & Promotions 5/5
We have to say; this is where Everygame really sets itself apart as a top online betting site for F1 racing.
The welcome bonus is split into three tiers, and it’s worth up to $750 in total. You’ll be given a $250 bonus each time you make a deposit. Although it expires after three uses, you only have to use it once if you wish – although we’re not quite sure why this would be the case!
Elsewhere in the promotions section, you can find parlay insurance which will give you your money back if one leg of your parlay wager fails. Handy for those of you who like to shoot for the stars but find themselves just a little short more often than not.
There’s a variety of banking options available at Everygame, despite not quite matching the numbers available of some of its competitors. You can find popular e-wallet options here, like ecoPayz, as well as traditional debit and credit card methods.
5. XBet – Best Variety of Formula 1 Betting Markets
- $500 welcome bonus
- Excellent live odds
- $100 referral bonus
- Dated design
F1 Betting Features 4/5
Last but not least, let’s start with what’s good about XBet’s F1 betting component. Firstly, there’s all the usual popular markets you’d expect here, including futures such as top constructor for the season, best driver, etc.
You’ll also find that you can double up on your markets and wagers, making for interesting combinations like Red Bull and Max Verstappen to win the F1 championship. A likely outcome if we do say so ourselves.
Bonuses & Promotions 4/5
New players are entitled to a $500 welcome package with a nice little $10 casino chip. Perfect if you wanted to check out the other side of online gambling, and not just the online sportsbook.
There’s also a $250 reload bonus that can be activated any time you deposit $100 or more. That’s definitely a reason to keep coming back here, in case you were looking for one.
XBet users will find payment methods to be thin on the ground. In fact, if you aren’t using crypto, you might feel like you may be better off playing elsewhere. Still, if you did want to play here – you can use credit cards and person 2 person transactions.
There’s a $45 minimum deposit enforced for traditional methods, while crypto users can load up funds with as little as $20. Furthermore, withdrawals are processed on a ‘first come, first served basis – so perhaps its best to prepare yourself for a small wait time, if you do insist on using traditional methods.
How We Chose the Best F1 Betting Sites
F1 Betting Content
We’re looking for top websites that present a wide array of betting markets, such as predicting the race winner, constructors and drivers championship, as well as direct competitions between team mates or random drivers. We also specifically seek out platforms that offer highly competitive odds, with both futures markets and live betting components available.
Bonuses & Promotions
Ranging from introductory bonuses to replenishment incentives and reward points that can be used as bet credits, all the sportsbooks featured in this review consistently provide enticing deals for F1 bettors. Generally, placing qualifying wagers is all it takes to activate these offers. Moreover, you can join betting competitions to potentially win additional cash rewards.
This section contains a mix of somewhat less important features that are still important enough to warrant a mention. Just not their own section. Okay? Okay. Generally speaking, that’s payment methods and quality-of-life features that are pretty nifty and help enhance the betting experience.
Why is BetOnline the Best F1 Betting Site?
User-friendly Interface: The BetOnline online website delivers a smooth and professional user experience. Its mobile site is designed intuitively, leading to an all-round first-class betting experience whether you’re playing at home or on the go.
Leverage Enhanced Odds: BetOnline provides odds enhancements for a diverse range of bet types within the F1 spectrum. These are available every race day, presenting an opportunity to boost your winnings and make value opportunities even more lucrative than before.
Consistent Bonuses: Newcomers at BetOnline are greeted with a generous $1,000 welcome offer, providing ample bet credits to get started. Beyond that, an unlimited 25% reload bonus is available, which increases to a 30% bonus for deposits made using cryptocurrencies.
Decades of Expertise: Having catered to sports betting enthusiasts for over 20 years, BetOnline has built a solid reputation based on its favorable odds, attractive bonuses, superior customer service, and swift payouts.
Why Bet on Formula 1 Online?
Security is paramount: Top-tier sportsbooks are packed with the latest and most secure software implementing a host of security measures, including two-factor authentication. This assures the complete safety of your personal and banking information whenever you engage in online betting.
Opportunity to scout for the best odds: Various betting apps provide distinct odds for each race and futures markets. By registering with multiple betting platforms, you can compare these odds and choose to bet on the bookie offering the most favorable odds on any given day.
Implement self-imposed deposit limits: Modern sportsbooks take responsible gambling very seriously. They allow you to set your own deposit and wagering limits, enabling you to maintain control over your Formula 1 betting activities.
Interested in betting on other sports as well? Check out the following guides:
Guide to F1 Betting
Is it safe to bet on Formula 1?
Yes, as long as you are using vetted and recommended platforms. In other words, the websites that are in this article. If you find yourself elsewhere, make sure you do your research to ensure you aren’t dealing with anything nefarious in nature.
Can I make money betting on F1?
Yes, however – you can also lose money! Make sure to approach your F1 betting habits sensibly, and don’t stake any more than you can afford.
Can I bet on other sports on F1 betting websites?
Of course. These platforms aren’t exclusive to F1. You can find a wealth of different sports to bet on, depending on which website you are using.
What types of Formula 1 bets are there?
The most popular will be betting on the particular driver winning. But you can also make bets on who will win the constructors championship, as well as what drivers may finish in the points in any given race. It depends on what platform you use.
What’s the best F1 sportsbook?
We have BetOnline as the best place online to place your F1 wagers. Don’t forget to check out the other options available to you.
Top 5 Formula 1 Betting Sites Comparison
- BetOnline: Our top selection overall, offering head-to-head F1 odds and a wide array of betting types including singles, teasers, and parlays. Enjoy an unlimited 25% reload bonus throughout the entire F1 season, benefit from high wagering limits, experience a smooth and versatile user interface compatible with all devices, and take advantage of a generous $1,000 welcome bonus.
- Bovada: Bovada offers a diverse range of F1 proposition bets for every Grand Prix, encompassing categories like fastest lap and victory margin. Benefit from a $200 referral bonus, and earn reward points with each wager you place on the Grand Prix. Kickstart your betting journey with a 75% welcome offer at Bovada.
- MyBookie: Benefit from MyBookie’s premier VIP program that provides exclusive promotions and monthly cashback rewards. Get access to early odds for each Grand Prix throughout the season. Enjoy a selection of top promotions, including a 200% referral bonus, a 25% reload bonus, and a welcoming $1,000 sign-up bonus at MyBookie.
- EveryGame: EveryGame is a well-established betting platform with over 25 years in the industry. Players can enjoy earning free wagers through fun betting contests, competitive futures odds for the F1 championship, and an easily navigable mobile app. Begin your betting journey with a $750 welcome offer at EveryGame.
- XBet: Experience a rapidly loading website perfectly suited for live betting at XBet. With its straightforward site design and professional, clean user experience, it’s a breeze to navigate. Take advantage of offered driver/constructor doubles. Enjoy a $250 reload bonus every time you deposit $100, and a generous first deposit bonus of up to $500.
How to Sign Up at a Top F1 Betting Site
Step 1 – Register at BetOnline
- Sign up to BetOnline here
- Fill out your details
- Wait for a validation link to arrive
Step 2 – Validate your account
- Check your email inbox for the validation link
- If it’s not there, check your spam box
- Once you’ve located it, click the link to complete the account validation
Step 3 – Deposit and play
- Deposit using your chosen payment method
- Use a bonus if you wish
- Navigate to the F1 betting section
- Start playing and have fun
Tips for Betting on F1
Register with Various F1 Betting Websites
Given that different betting platforms offer diverse markets and odds, joining multiple top-rated websites is beneficial. Why? So you can be sure that you always access the best odds available on the day of your bet.
Make Use of Deposit Bonuses
Every betting website offers deposit bonuses to its new users. Usually, a minimum deposit is required to claim the bonus, while at times a qualifying bet may be necessary. Once claimed, you have the freedom to use your bonus bets on F1 or any other sports as you wish.
Delve into Formula 1 Proposition Bets
Proposition bets, which include options like the fastest lap, podium finish, or points finish, present a reliable opportunity to earn substantial returns with F1 betting. These bets cater particularly well to those with deep knowledge of the sport and offer an alternative to the typically short odds for the race winner (frequently Max Verstappen, unfortunately).
Stay Abreast of the Latest Formula 1 News
In Formula 1, both the drivers and the cars play a pivotal role. With teams frequently modifying their cars throughout the season, staying updated with the latest developments is vital.
Experiment with F1 Live Betting
Despite what you may think, F1 is well suited for live betting. Features such as the safety car and other dynamic aspects make live betting on F1 potentially profitable, especially if the favorite, like Max Verstappen, has been forced to retire early.
You might be interested in:
Ready to Bet on Formula 1?
So, ready to make your first foray into Formula 1 betting? Or maybe you’re coming back after a long break. Either way, we hope this article has helped acclimatize you to the current sports betting environment.
Our top choice is BetOnline – but we stress, don’t let that stop you from checking out the other awesome betting platforms here as well. After all, the only person who benefits here is you.
We leave you with two final pieces of advice – have fun, but gamble responsibly.
DISCLAIMER: The information on this site is for entertainment purposes only. Online gambling comes with risks. There’s no guarantee of financial gain, so you should only gamble with what you can afford to lose. All information on this site is for entertainment purposes only.
While gambling can be fun, it can also be addictive. If you or anyone you know suffer from a gambling addiction problem, we recommend that you call the National Gambling Helpline at 1-800-522-4700 to speak with an advisor. Please remember that our guides and all gambling sites are only for people who are 21+. Also, check with local laws to find out if online gambling is legal in your area.
For free online gambling addiction resources, visit these organizations: