Looking for the best F1 betting sites online? Well, rev up your engines — you’re on the right track!
We’ve got a list of 10 fantastic online bookies that serve up exciting bonuses and competitive Formula 1 odds that will have you grinning all the way towards the chequered flag.
In pole position is Bovada, where you can place wagers on unique racing markets and score some juicy bonuses along the way.
But the competition is tight, so you’ll probably want to see what the rest of the field has to offer.
Ready to see the complete list? Lights out, and away we go!
Best F1 Betting Sites
| 🥇 Best overall | Bovada |
| 💎 Most competitive odds | BetOnline |
| 🎁 125% welcome bonus | BetWhale |
| 🔝 Top live Formula 1 betting site | AllBet |
| 🏎️ Exciting F1 props | MyBookie |
| 👑 Free picks and predictions | BetUS |
| 📈 Comprehensive wagering markets | Everygame |
| 🃏 Unique betting contests | SportsBetting.ag |
| 🚀 Top crypto online sportsbook | Thunderpick |
| 💰 $2,500 welcome bonus | BUSR |
Important: The sites listed in this guide are targeting English speakers around the world. Please remember to check your local laws to ensure online gambling is legal where you live. Also Adblock might get confused so please disable it if you have any issues with our links.
Get ready to place your bets and feel the adrenaline rush as we explore the 5 best Formula 1 betting platforms for racing enthusiasts.
1. Bovada – Best F1 Betting Site Overall
Pros:
- $750 welcome bonus
- Low wagering requirements
- Rapid 1-hour payouts
- Request your custom F1 bets
- Awesome mobile experience
- Intuitive design
Cons:
- Credit card fees
- Lacks phone support
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. This is something interesting to consider for those who enjoy betting on F1 but are perhaps a little tired of the usual markets.
There are also some markets for head-to-head driver 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 bonuses.
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 bets that can be used to wager on any sport of your choice.
Sportsbook Features: 5/5
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
2. BetOnline – Most Competitive F1 Betting Odds Online
Pros:
- Enjoy $50 of free play for live betting
- Competitive F1 racing odds
- “Book my Bet” feature
- Over two decades of industry experience
- $250 free bet bonus
- 20+ payment options
Cons:
- Fees for traditional banking methods
- Lower bonus percentage match
F1 Betting Features: 4.95/5
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.
And when compared with most of the other F1 sportsbooks online, the odds here were far more competitive — that’s why we rated this online betting site highly!
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: 4.95/5
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 $250 in free bets using the FREE250 promo code.
That’s not all. First-time bettors can also get a completely risk-free $50 live bet, as well as the same for a pre-game player prop wager.
There’s also a fine incentive to keep coming back, as the site hosts a ton of sports-exclusive bonuses.
Sportsbook Features: 5/5
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.
These make F1 online betting here all the more accessible and fun.
3. BetWhale – Best Formula 1 Sports Betting Welcome Bonus
Pros:
- 125% welcome bonus up to $1,250
- Competitive F1 odds
- Accepts PayPal
- Exceptional mobile compatibility
- PayPal accepted
Cons:
- Slightly dated site design
- Could have more payout options
F1 Betting Features: 4.9/5
BetWhale 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.
Apart from covering all the races, you’ll also find a ton of betting options under each one, including some exciting props. So you’ll always have something to bet on here at BetWhale.
Bonuses & Promotions: 5/5
We have to say, this is where BetWhale really sets itself apart as a top online betting site for F1 racing.
New players can claim a generous welcome bonus by using the code WHALECOME on their first deposit, matched 100% up to $1,250.
While BetWhale doesn’t provide a fixed reload bonus for sports bettors, there are still plenty of opportunities to score bonuses through ongoing promotions, especially when certain sports and leagues are in session.
Sportsbook Features: 4.9/5
There’s a variety of banking options available at BetWhale, despite not quite matching the numbers available of some of its competitors.
Worth noting is that you can find popular e-wallet options here, including PayPal, as well as traditional debit and credit card methods and crypto.
4. AllBet – Top Live Formula 1 Online Betting Site
Pros:
- 210% match bonus
- Extra 15% bonus on all crypto payments
- 50% re-up bonus
- Handy last-minute F1 betting feature
- Supports CashApp, Zelle, and Venmo
Cons:
- Poor design scheme
- Customer service can be hard to contact
F1 Betting Features: 4.8/5
Let’s start with what’s good about AllBet’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 AllBet offers a stellar mobile betting experience that caters to sports enthusiasts. While the app’s interface can initially seem confusing, most bettors will get the hang of its unique approach quickly.
The app’s design is optimized for quick access to key features like live betting, account management, and customer support, making it a convenient choice for those who enjoy placing live wagers and betting on the move.
Bonuses & Promotions: 4.85/5
AllBet provides new users with a generous 210% deposit match bonus. To claim this welcome offer, a minimum deposit of $20 is required, and users have to meet wagering requirements of 17x to cash out the bonus winnings.
This offer is valid with most banking methods, including CashApp and Zelle.
Crypto users will be delighted to know there’s an additional 15% bonus on all cryptocurrency deposits.
Sportsbook Features: 4.8/5
AllBet is renowned for its extensive sportsbook offerings, covering all major American sports leagues and a variety of international sports, catering to a wide range of interests.
Notable features of this Formula 1 sportsbook include competitive odds, early lines, and convenient payment options such as CashApp and Zelle.
Additionally, AllBet’s live betting definitely stands out, with the site delivering an engaging and real-time wagering experience.
5. MyBookie – Best F1 Prop Bets Online
Pros:
- Top V.I.P. program
- 200% referral bonus
- Unique F1 side markets and props
- $1,000 sign-up bonus + $10 casino chip
- Lucrative betting contests
Cons:
- Higher minimum deposit for bonuses
- Old-school site design
F1 Betting Features: 4.8/5
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 online prop 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: 4.7/5
MyBookie features a lucrative $1,000 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.
Sportsbook Features: 4.7/5
As one of the leading crypto sports betting sites, 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.
How We Chose the Top F1 Betting Sites Online
Competitive Odds and Betting Markets
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 teammates 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. Plus, you can join betting competitions to potentially win additional cash rewards.
Sportsbook Features
This section contains a mix of somewhat less important features that are still important enough to warrant a mention.
Generally speaking, that’s payment methods and quality-of-life features that are pretty nifty and help enhance the betting experience.
We’ve used a similar approach to rank the best football betting sites with dedicated bonuses and reduced juice lines for the NFL.
Why Is Bovada the Best Formula 1 Online Sportsbook?
Bovada outshone the competition and notched first place on our list. Here are a couple of reasons why we ranked it at the very top:
User-friendly Interface: The Bovada online website delivers a smooth and professional user experience. Its mobile site is designed intuitively, leading to an all-around first-class betting experience whether you’re playing at home or on the go.
Leverage Enhanced Odds: Bovada provides odds enhancements for a diverse range of bet types within the F1 spectrum. These are available occasionally, presenting an opportunity to boost your winnings and make value opportunities even more lucrative than before.
Consistent Bonuses: Newcomers at Bovada 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.
Years of Expertise: Having catered to sports betting enthusiasts for over 10 years, Bovada has built a solid reputation based on its favorable odds, attractive bonuses, superior customer service, and swift payouts.
Bovada also ranks as the highest limit sportsbook on the market, making it a great choice for high rollers.
Why Bet on Formula 1 Online?
Instead of going to a physical bookie, here are a few reasons why you should bet on F1 races online:
Security: The best 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.
Line Shopping: 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 other sports as well? Check out our latest expert UFC picks or browse through the top horse racing betting sites for the most competitive lines.
Best F1 Betting Sites – FAQs
Is It Safe to Bet on Formula 1?
Yes, it is safe to bet on Formula 1 online, as long as you are using vetted and recommended platforms like 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 Win Real Money Betting on F1 Online?
Yes, you can win real money betting on F1 online at legit sportsbooks, but you can also lose money! Approach your F1 betting habits sensibly and only stake what you can afford.
Can I Bet on Other Sports on F1 Betting Websites?
Of course, you can bet on other sports at F1 betting websites, as these online betting apps aren’t exclusive to F1.
You’ll find a wealth of different sports to bet on, depending on which website you are using.
What Types of Formula 1 Bets Can I Place?
The most popular F1 betting market is wagering on a particular driver winning.
However, you can also bet on who will win the constructors championship, which drivers will finish on the podium in any given race — and much, much more. Ultimately, it depends on what platform you use.
What’s the Best F1 Sportsbook Online?
We have Bovada as the best place online to place your F1 wagers, largely due to the site’s reputation, regular bonuses, and unique Formula 1 betting markets.
Comparing the Top 5 Formula 1 Betting Sites
Bovada: Our top selection overall, Bovada offers a diverse range of F1 proposition bets for every Grand Prix, encompassing categories like fastest lap and victory margin. Kickstart your betting journey with a 75% welcome offer here!
BetOnline: This industry veteran shines by offering the best F1 odds and a wide array of betting types, including singles, teasers, and parlays. Enjoy the occasional reload bonus during the F1 season, benefit from high wagering limits, and take advantage of the $1,000 welcome bonus.
BetWhale: BetWhale’s competitive odds and unique F1 betting markets make it a more than solid online sportsbook. Plus, users can benefit from rapid payment options, including crypto and PayPal, and a generous $1,250 welcome bonus.
AllBet: Experience a rapidly loading website perfectly suited for live betting at AllBet. With its straightforward design and professional, clean user experience, it’s a breeze to navigate. Get started by claiming the 210% match offer.
MyBookie: Get access to early odds for each Grand Prix race throughout the season and place the most unique prop wagers online. But first, enjoy the site’s selection of top promotions, including a 200% referral bonus, a 25% reload bonus, and a welcoming $1,000 sign-up bonus.
How to Sign Up and Place Formula 1 Bets Online
New to the online gambling scene? Here’s how you can join one of our featured bookies and start betting on F1 races online.
For this, we’ll use our top pick, Bovada, as an example:
Create an Account
- Head over to Bovada’s official website.
- Fill out your details.
- Wait for a validation link to arrive.
Verify 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 process.
Deposit and Bet on F1
- Deposit using your chosen payment method.
- Claim the bonus if you wish.
- Navigate to the F1 betting section.
- Start betting on Grand Prix races online!
Tips, Tricks, and Strategies for F1 Online Betting
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 consistently access the best odds available on the day of your bet.
Make Use of Deposit Bonuses
Every betting website offers deposit bonuses to 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 vehicles 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.
Ready to Bet on Formula 1 Races Online?
So, are you 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 state of the sports betting industry.
Our top choice is Bovada — but we stress, don’t let that stop you from checking out the other awesome online sports betting platforms here as well. After all, the only person who’ll benefit 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:
