Esports Betting / Best Bookmaker Online: Here They Are (Bookies Comparison) / Best Formula 1 Betting Sites: Start Your Engines!

Best Formula 1 Betting Sites: Start Your Engines!

F1 Bookmakers

Last Updated on 09/05/2024
Fact checked by: James Leeland

Formula one is arguably one of the most popular and best auto-racing sports which has found success all over the world. Therefore, it comes as no surprise that Formula 1 betting is available on all of the best bookmakers online.

Although F1 betting is predominantly more popular in Europe due to the various F1 events that happen, fans are rising all over the world. Watching F1 gives you a rush. Betting on F1 will take that rush to a whole other level, so why not check out the best online bookmakers that can make that excitement a reality for you?

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Remember to check out the top providers!

Bet365
Recommended
Favicon
4.7/5
  • Genuinely one of the leading brands globally
  • Countless markets to bet on - all with great odds
  • Claim their fantastic bonus bets offer today
Bet365 Bonus
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
Go to Bet365
Bet now
Payment Methods
Find out more on Bet365.
Withdrawal
0 – 10 Days
Apps
License
Virginia (US) Lottery Board
Award
EGR - Operator of the year (2017)
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+
Show less
BetMGM
Hot Offer
Favicon
4.7/5
  • Covers major sports
  • Live game stats
  • Simple site navigation
BetMGM Bonus
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
T&Cs apply, 21+
Go to BetMGM
Bet now
Payment Methods
PayNearMe
Skrill
PayPal
+
Withdrawal
0 – 3 Days
Apps
License
Virginia (US) Lottery Board
Award
GGA - Digital Operator of the Year (2023)
Show less
FanDuel
Hot Offer
Favicon
4.6/5
  • Offers a $1000 no sweat first bet
  • Amazing joining offer
  • Promo codes for specific bets
FanDuel Bonus
Bet $5 Get $150 in Bonus Bets if your bet wins
T&Cs apply, 21+
Go to FanDuel
Bet now
Payment Methods
Prepaid Card
PayNearMe
PayPal
+
Withdrawal
1 – 10 Days
Apps
License
Virginia (US) Lottery Board
Award
Global Gaming Awards (2022)
Show less
Caesars
4.
Favicon
4.5/5
  • $10 bonus for opening a new account.
  • Offer of a free bet up to $1,000.
  • 10 sports available to bet on including soccer, football, baseball and basketball.
Caesars Bonus
100% up to $1000
T&Cs apply, 21+
Copy
Bet now
Payment Methods
E-Check
PayNearMe
PayPal
+
Withdrawal
1 – 5 Days
Apps
License
Virginia (US) Lottery Board
Show More
DraftKings
5.
Favicon
4.5/5
  • 21 sports to choose from.
  • No specific betting limits listed.
  • Ability to bet in-play on most sports.
DraftKings Bonus
20% up to $1000
T&Cs apply, 21+
Go to DraftKings
Bet now
Payment Methods
PayPal
VIP Preferred
Play+
+
Withdrawal
1 – 5 Days
Apps
License
Virginia (US) Lottery Board
Award
EGR - Operator of the year (2023)
Show More
BetFanatics
6.
Favicon
4.5/5
  • Site not yet launched
  • High hopes for a big launch offer
  • Welcome offer promises to be good
BetFanatics Bonus
Bet $100, Get $100 in Bonus Bets Every Day for 10 Days!
T&Cs apply, 21+
Go to BetFanatics
Bet now
Apps
License
Virginia (US) Lottery Board
Show More
BetRivers.com
7.
Favicon
4.5/5
  • Great deposit match for new players
  • Free credits for placing your bets
  • Weekly prizes and boosts for betting bankroll
BetRivers.com Bonus
Second chance bet: Get up to $500 in Bonus Bets
T&Cs apply, 21+
Copy
Bet now
Payment Methods
PayNearMe
Bank Transfer
VIP Preferred
+
Withdrawal
0 Days
Apps
License
Virginia (US) Lottery Board
Show More

Best Formula 1 Betting Sites 2024

One of the biggest decisions any punter must make when taking the plunge to join the world of online betting is deciding where they are going to place their bet. Before the rise of the online gambling community, your go-to bookmakers included local bookies or a casino.

Thankfully, advancements in modern technology have allowed us to enjoy betting from the comforts of our pockets, as more and more betting sites are becoming mobile-compatible.

The benefits of using an online bookmaker for football sports betting and various other sports such as F1 are colossal. For example, you will benefit from:

  • Convenience
  • Bonuses
  • Rewards
  • Ease of use
  • Can bet without wearing pants

And the list can go on and on. These perks, however, can only truly be experienced if you decide to opt for one of the best f1 sports betting sites we list in this comprehensive review.

Unfortunately for you, going through endless lists of online betting sites just to find the best Formula 1 betting platform is no easy task. You have to read through various customer reviews and even try out various apps yourself, which may mean that you need to place many deposits which you did not want to place.

Luckily, you have come to the right place. We’ve formulated a wonderful, comprehensive guide that will list all of the best Formula 1 betting sites to allow you to see for yourself which site suits your needs.

Bet365
1.
Favicon
4.7/5
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
Virginia (US) Lottery Board
Bet 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+
BetMGM
2.
Favicon
4.7/5
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
PayNearMe
Skrill
PayPal
Virginia (US) Lottery Board
Bet now
T&Cs apply, 21+
FanDuel
3.
Favicon
4.6/5
Bet $5 Get $150 in Bonus Bets if your bet wins
Prepaid Card
PayNearMe
PayPal
Virginia (US) Lottery Board
Bet now
T&Cs apply, 21+
Caesars
4.
Favicon
4.5/5
100% up to $1000
E-Check
PayNearMe
PayPal
Virginia (US) Lottery Board
Bet now
T&Cs apply, 21+
DraftKings
5.
Favicon
4.5/5
20% up to $1000
PayPal
VIP Preferred
Play+
Virginia (US) Lottery Board
Bet now
T&Cs apply, 21+

What To Look Out For

If you’re a novice and have not had the pleasurable experience of finding the best Formula 1 bookmakers, then you may want to keep reading.

Many online bookmakers ranging from the best golf bookmakers to the best betting site for F1, all require you to understand a few certain rules.

Sports Bonus
4.7/5
Bet365
Sports Bonus
4.7/5
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
Free Bet
|
Go to Bet365
Get Bonus
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+

Trust and legitimacy

Arguably the foremost important aspect of any gambling website is to determine its trustworthiness, and whether depositing your hard-earned money into a platform is going to be safe. The trust and integrity a site offers can be established by looking at a couple of things:

  • How long has the site been around?
  • Who is the platform licensed and registered under?
  • Do they have a reputable management team?
  • Do they respond efficiently to customer complaints?
  • What are their terms and conditions?
  • Is their payment processing protected?

If you can answer all of the above confidently using information provided on your bookmaker platform of choice’s website, then we can assume that the platform is trusted.

However, this information is often looked over if a platform has designed a state-of-the-art website that says they’re amazing, as it doesn’t necessarily mean that is the truth.

Throughout our listings of the best F1 betting site, we discarded any websites that we believed to have any red flags. Some areas were negotiable, such as looking at the various promotional offers and bonuses, but another listed above has to comply with 100% accuracy.

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F1 Betting Options

F1 is a pretty huge sport in the moto-racing industry. However, when compared to the likes of football, basketball, and baseball, it is quite small, and therefore the majority of bookmakers do not offer a variety of betting options as they would as opposed to the bets offered at horse racing bookmakers online.

When deciding on the top F1 sports betting sites, we looked particularly at those that offered the most varied and best-betting options and provided good odds on those bets.

Transaction Limits

Although transaction limits shouldn’t affect the majority of punters looking to place Formula 1 bets, they are still important to note. There are a few seasoned betters who enjoy betting big, and it only makes sense to use F1 sports betting sites that allow for considerably large transactions to make sure your big bet can truly change your life.

Look, feel, and usability

The usability of a betting platform is probably just as important for the punter as the actual race track is for the racers. Think of the different features offered by betting sites as a driver’s pit stop, if it doesn’t act quick or gives the driver no bonuses, then it’s not good. The same goes for betting websites.

Like F1 drivers, we here at Strafe.com absolutely love speed. Therefore, we like it when certain Formula 1 bookmakers allow us to place our bets quickly in a simple way. Additionally, if payments are made quickly, it allows for more fun and gives us the opportunity to place more bets, quicker.

The problem that we have found is that many online gambling platforms spend the majority of their time and funds in making sure that their platform looks the part, forgetting that the platform has to feel the part in order for it to be of any convenience. The lack of contribution to the usability of a platform can lead to problems down the line for bettors.

Ultimately, a good interface should be sleek, easy to navigate, and simple.

Live Betting

Most sports these days offer live betting, as seen in our reviews of the best sports betting sites with live streaming. Formula 1 is also available to live stream on various platforms, but the question is whether or not the platform of your choice offers this wonderful feature.

Betting on F1 is exciting, but being able to watch the race to see just how well your bet is doing adds a level of excitement that is difficult to be compared. Following strategies which you may have formulated through betting on other sports can be incorporated in Formula 1 betting, meaning that as long as you do your research, your bet should have a better outcome.

Bonuses

Even the biggest Formula 1 bookmakers won’t have bonuses, however, a majority of which do offer enhanced odds and special bets on the bigger Formula 1 events. Therefore, during huge events such as the Grand Prix, we recommend you scroll through various betting sites to ensure that you can find a platform that offers you the best bonus possible.

Bet365
1.
Favicon
4.7/5
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
Requirements (WR): 1x Bonus, Min. Deposit: $10
Go to Bet365
Get bonus 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+
BetMGM
2.
Favicon
4.7/5
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
Min. Deposit: $10
Go to BetMGM
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T&Cs apply, 21+
FanDuel
3.
Favicon
4.6/5
Bet $5 Get $150 in Bonus Bets if your bet wins
Requirements (WR): 1x Deposit, Min. Deposit: $10
Go to FanDuel
Get bonus now
T&Cs apply, 21+
Caesars
4.
Favicon
4.5/5
100% up to $1000
Requirements (WR): 1x Deposit
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T&Cs apply, 21+
DraftKings
5.
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4.5/5
20% up to $1000
Requirements (WR): 1x Bonus, Min. Deposit: $5
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Get bonus now
T&Cs apply, 21+

F1 Bookmakers

And so, now that we have cleared up the biggest do’s and don’ts regarding picking the best Formula 1 bookmaker, why don’t we jump right into the platforms which we believe are the number one spot contenders in 2024?

Bet365

Having made its name as one the best all-around betting sites in the UK, Bet365 has surprised us with its wonderful F1 betting options and odds available on its site.

The Bet365 interface is fantastic, with a sleek and unique design to their website, punters are sure to know how to navigate to their favorite sections on this bookie. Additionally, the Bet365 website loads in absolutely no time at all, making it wonderful for those who want to place a quick bet on the go.

Let’s not forget that the Bet365 mobile app is optimized for a majority of the biggest cell providers

This means that you don’t have to worry about the hassle required with searching for your browser and accidentally clicking off of it.

Bet366 offers a plethora of sports betting markets, with superb f1 coverage, offering unbeatable odds.

The best part? Bet365 offers live streaming for F1, as well as in-play betting, meaning that you can place your bets as you watch your favorite racer overtake all of their competitors. If you don’t have time to watch the race or are betting on the go, you can use Bet365’s live statistics feature to check up on reports as you progress through the day.

Lastly, Bet365 offers various welcome offers and bonuses for new and existing punters which are all viable to be used in F1 betting. Bet365 is safe and secure as it holds a license from the United Kingdom Gambling Committee, offers help on responsible gambling, and offers a wide variety of safe and secure payment options.

Betfair

Betfair provides fantastic coverage for both in-play race betting and pre-race bets. The betting offers and bonuses offered at Betfair can all be utilized throughout your F1 bet selections, and so your bet has the potential to cash in at larger amounts.

Although Betfair does not offer many seasonal deals, they do however keep up with the times and offer a variety of betting offers on the biggest Formula 1 events. In fact, we don’t think there’s a Formula 1 event that Betfair has not provided betting odds on!

Better yet, Betfair offers a money-back guarantee if your driver of choice fails to finish the race for whatever reason, and so the betting options at Betfair live up to the name - they’re fair!

If you have not yet signed up to Betfair, then make sure to do so relatively quickly as they offer a variety of different welcome bonuses to allow new players to truly experience the thrill of online betting, making your Formula 1 racing even more exciting than you initially anticipated.

Coral

Being one of the most popular offline bookmakers,  you wouldn’t think that Coral had it in them to provide some outstanding online experiences. However, they do, and they do it magnificently.

Coral provides a range of F1 betting odds and markets for all you punters to enjoy. They provide bets on all of the biggest events associated with Formula 1 betting, and also offer personalized bets. For example, you can bet on lap times, race winners, pit stop timings, and more!

Coral provides an array of enhanced odds during big events such as the Grand Prix, taking your bets that extra step further.

The Coral interface is brilliantly simple. It is a unique, blue and white design with wonderful navigation bars that are simple to use. Finding your bet slip, the terms, and conditions, or even placing a deposit has never been easier.

Having been a largely established bookie, Coral is licensed by the United Kingdom Gambling Committee and has various secure payment options making it trusted and reliable bookie. If you’re thinking about using Coral as your bookmaker of choice, we urge you to do so before the next big event so that you can use the wonderful welcome offers alongside the enhanced odds!

Sports Bonus
4.7/5
Bet365
Sports Bonus
4.7/5
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
Free Bet
|
Go to Bet365
Get Bonus
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+

888 Sport

Another reliable online betting platform to use for your favorite F1 betting options is 888 Sport. The advanced markets and futures offered by this platform host a variety of added odds, events, and even dedicated bonuses to automotive sports, taking it higher on our list of the best f1 betting sites.

Alongside these bonuses, you can expect to find various profit boosts, money back on failed bets, and even betting insurance which is unheard of throughout the online betting industry.

888 Sports has been around since 2002 and is a founding member of eCOGRA,  providing protection security over the industry. Additionally, 888 Sport is licensed by the Gibraltar gambling committee, further confirming its trust and legitimacy within the industry.

888 Sports also offer live betting for F1 and various other sports which vary from a full live performance to just a commentary and statistics which is perfect for those of you placing bets on the go and need a regular update as to how your bet is coming along!

888 Sports hosts a fantastic mobile app that is not as nicely designed as the browser, mainly because there are simply far too many options, bonuses, and other events that stick out on the app.

Additionally, the homepage does not have any particular order to it, as the sports are scattered everywhere. However, live streaming and in-play betting are available on the mobile app. The app is also extremely quick.

Overall, 888 Sport is a fantastic, trusted all-rounder for all you punters wishing to commence your online betting journey.

BetVictor

BetVictor prides itself on having one of the sleekest and most easy-to-use interfaces out of all the online betting platforms. Placing your f1 betting wagers on BetVictor is nothing but a pleasure simply due to the ease of payment processing, depositing, and finding the event of your choice.

BetVictor unfortunately doesn’t offer a plethora of betting offers relating to F1 as seen in 888 Sports, but they do provide pretty great odds. This means that although you won’t have quite as big a selection of events to place a wager on, you can expect your wagers to cash in some big winnings.

Payouts on BetVictor are notoriously known to be huge, with winnings capped at £500,000, you can expect professional bettors to have a field day finding their sporting event of choice using this platform.

BetVictor hosts its gambling platform to over 160 countries and millions of players and so offers a spectrum of different payment options suited to every individual’s needs. A minimum deposit of £5 and nearly 20 different currencies to play with makes BetVictor one of the best international betting platforms.

Bet365
4.7/5
Bet365 Review
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
Bet 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+
BetMGM
4.7/5
BetMGM Review
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
T&Cs apply, 21+
Bet now
FanDuel
4.6/5
FanDuel Review
Bet $5 Get $150 in Bonus Bets if your bet wins
T&Cs apply, 21+
Bet now

BetVictor is one of the best f1 betting sites to navigate simply because the layout is beautiful and visually pleasing. The layout is appealing but it still manages to display all of its unique features within your eye line. Navigation bars appear on the side and are discreet so as to not take away from detail found on the main screen.

Live betting and streaming are available to players in the UK which is fantastic, meaning that BetVictor is staying with the times and making sure that it hosts all features that are desired in today’s betting platforms.

Additionally, BetVictor’s mobile app is another jewel to add to the collection. Their sleek and elegant web design has been transferred elegantly to the mobile app, making betting-on-the-go a somewhat relaxing experience albeit the stresses that may arise from watching Hamilton trying to win by 1 second!

Having been licensed by Gibraltar, Malta, and the UK, as well as being around since 2004, we can safely assure you that BetVictor is a safe, trusted, and legitimate platform for you to use. In fact, we can happily say that it is our favorite platform simply due to its ease of use.

Unibet

Unibet is a European bookmaker which has made its way as one of the Formula 1 bookmakers. They are one of the only online betting platforms that provide various F1 betting options on drivers other than those from the UK.

Unibet offers bets on retirement insurance, various bonus bets applicable directly to F1 betting, and even seasonal promotions that excite all new and existing punters. Unibet also provides a wonderful F1 betting guide to help all new and existing players place their first bets.

This guide explains all types of betting, what to look out for when placing an F1 bet, and how to cash out your bet to gain the maximum winnings.

The Unibet platform is sleek and easy to navigate with its identifiable green colors. The navigation systems used within the platform are brilliant, allowing you to quickly find the feature you are looking for.

Unibet is licensed by the United Kingdom Gambling Committee and the Government of Gibraltar.

Unibet has safe and secure encryptions on all of its payment options making sure that your money is safe and is in good hands.

Ultimately, we believe that Unibet is yet another fantastic option for those of you looking to place unique Formula 1 bets. This Formula 1 bookmaker allows punters to place bets on racers that are not of UK origin and allows you to place unique F1 bets that you can’t access anywhere else. So get signed up today and join in the colossal amounts of joy!

Sports Bonus
4.7/5
Bet365
Sports Bonus
4.7/5
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
Free Bet
|
Go to Bet365
Get Bonus
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+

Conclusion

Hopefully, this comprehensive review has provided a unique outlook on a variety of betting platforms for all you Formula 1 enthusiasts out there who are eager to place your first F1 bets. Our top Formula 1 bookmakers all have unique features and so the choice ultimately depends on your comforts and needs.

Generally speaking, all of these online betting platforms host a wonderful array of betting odds, unique bets, sleek designs, and live streaming options to bet on the go! If you are looking for a more detailed look at these apps, we suggest making an account and getting right into the action to see if the features suit your expectations!

FAQs

✅Can I use welcome offers on Formula 1 betting?

Yes you can, as long as you follow your platform of choice’s terms and conditions and follow the required playthroughs, you will be able to apply the welcome offer to your Formula 1 bet.

🚗What is the number 1 Formula 1 Bookmaker?

In our humble opinion, we believe that BetVictor is the number 1 bookmaker simply due to the elegance and ease of use of its platform. Although BetVictor does not provide Formula 1 betting odds as good as those seen in the other platforms we have reviewed, removing the stresses of placing a bet makes it a winner.

🤩Can I place a live bet on Formula 1 betting?

The majority of online sportsbooks allow punters to place live and in-play bets on Formula 1. Be sure to check out the unique features provided on the platform to ensure that you can indeed place your live bet.

🔓Can I trust my money on these platforms?

As specified in the introduction, any online betting platform that has displayed any form of a red flag when it comes to trustworthiness or legitimacy has been discarded from our reviews.

All of the providers listed above are trusted and legitimate having held licenses from their appropriate constituency. Furthermore, the safe payment option and amount of time they have spent as leaders within the online betting industry further implies their safety.

Top Betting Sites
Top Betting Bonuses
Bet365
Bet365
Bet365 Review
4.7/5
BetMGM
BetMGM
BetMGM Review
4.7/5
FanDuel
FanDuel
FanDuel Review
4.6/5
Caesars
Caesars
Caesars Review
4.5/5
DraftKings
DraftKings
DraftKings Review
4.5/5
Bet365
Bet365 Bonus
First Bet Safety Net up to $1000 OR Bet $5 and Get $150
T&Cs apply
4.7/5
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+
BetMGM
BetMGM Bonus
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
T&Cs apply
4.7/5
FanDuel
FanDuel Bonus
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T&Cs apply
4.6/5
Caesars
Caesars Bonus
100% up to $1000
T&Cs apply
4.5/5
DraftKings
DraftKings Bonus
20% up to $1000
T&Cs apply
4.5/5
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