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Formula 1 Betting Sites in 2024: Explore Top F1 Bookmakers

Mike McKean
Editor
Fact checked by: Dave Kuzio
Last Updated on 08.07.2024

F1 betting is one of the most exciting forms of online gambling. The fast pace, the number of variables in betting markets, and the overall spectator experience all make for an immersive betting experience at the best F1 betting sites.

But where do you find the best Formula 1 betting sites? With our help, we’ve chosen three fantastic sportsbooks to bet on F1, with the most competitive odds and generous bonuses. This review will look at them in detail as well as how we rank them. So, let’s get into it and explore them below!

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Explore the Best Formula 1 Betting Sites for 2024

Our Top Three: The Best F1 Betting Sites Online

Reviewing online betting sites, our team narrowed in on the ones ideal for F1 markets. Each of these three excels across the board, but also specialises in their own unique way.

N1Bet – The Best F1 Betting Site

N1Bet Sports
Entertaining F1 betting at N1Bet
N1Bet Sports Mobile
N1Beet online mobile sports betting
  • Generous bonuses for new players
  • Very competitive F1 betting odds
  • Impressive live F1 graphics
  • 24/7 live chat customer support
  • Not available in the UK
  • Fewer payment methods than competitors

According to our calculations, the number-one site for F1 betting is N1Bet. The key reason for this is that it has the widest range of F1 markets and some of the most competitive odds for each of them (overrounds for the World Championship top two are only around 5%). So, no matter what you want to bet on, you can get the best value for your wins.

N1Bet is also one of the finest live betting sites for Formula 1 too. It offers detailed graphics for each race that keep you up to date with the action, as well as stats that can help you make an informed decision about what to place an in-play bet on. Plus, you can cash out bets at the touch of a button.

You can boost your F1 betting funds further when you sign up as a new player by participating in the stunning welcome bonus at N1Bet. It’ll vary between countries, but in most of Europe, you’ll get a 50% matched deposit of up to €200 in the form of a free bet. And every week, you can get 15% cashback up to €100 every Monday, which is perfect for bettors consistently placing wagers on races.

However, there aren’t a ton of payment methods to bet on F1 with here, but if you do have any banking issues (or any other problems with your F1 betting), the 24/7 live chat customer support is very responsive.

BetVictor – Best Formula 1 Betting Site for Beginners

BetVictor Sports Betting
Sports betting on the BetVictor sportsbook
betvictor sports betting
Mobile sports betting if your on the go at BetVictor
  • Loads of markets for each race
  • Impressive bonuses across the globe
  • Easy to use site and app
  • Build bets through the bet slip
  • Can’t be accessed in the US
  • Payouts can take a while

If you’re new to F1, BetVictor is a great place to be, as it provides loads of useful information about the sport, such as a description of all the markets and some technical details. That’s ideal for new bettors who need additional information about betting on the sport.

Players will have a lot to choose from on the subject of markets, both for the championship as a whole and for individual races, and you can build your bets through an attractive bet slip. You could bet on whether there will be a safety car in a race, for example, or if a specific driver will finish in the top six or not. Thus, taking full control of your F1 betting experience at BetVictor is really easy.

There are a few elite bookmaker bonuses to check out here too. They vary between territories however; unfortunately, BetVictor isn’t available in the US. A great example of their promotional incentives elsewhere is the £40 in free bets you can get when you deposit just £10 in the UK. There are no wagering requirements attached to this offer at all, and you’ll be able to use it on F1 wagers, although the payout processing time may take a while.

Bet365 – Best F1 Betting Site for Mobile Players

Bet365 Sports Betting
The Bet365 sportbook experience
bet365 live betting
Live sports betting at Bet365
  • Stunning, downloadable mobile app
  • Some of the best F1 live betting
  • Detailed live graphics for every race
  • Intriguing welcome bonuses in various countries
  • Fewer ongoing sports betting promotions
  • Support live chat replies can take longer

Download Bet365 to your mobile device to experience one of the best betting apps in the world for all your F1 bets. It’s available on both iOS and Android devices in many territories worldwide, and it’s one of the easiest and most functional betting apps to use.

For starters, it contains some of the finest live betting tools we’ve used. Players will be able to bet on F1 races that have already started or cash out with quickly updated odds to get the best value. And every F1 race is covered with detailed live graphics to keep players up to date with the action. Just be warned that it might take you a minute to get help through the live chat if you need it.

You can also use the mobile app to sign up for the welcome bonus, which can then be used to bet on F1. Once again, this varies around the world, but US customers get a massive 100% matched deposit of up to $100 on their first payment. There’s not a lot going on in the way of bonuses from this point forward, though, so you’ll want to make the most of this sign up bonus if you want to be able to place more F1 bets on the bookie’s dime.

Types of F1 Racing Bets

F1 betting fans will be able to choose from a wide range of betting markets at the top F1 betting sites online. Here are a few to look out for, which vary by popularity and risk level. While having variety is key to a diverse F1 betting experience, always stick to the bet types that match your betting style:

Bet TypeRisk LevelPopularity
Race WinnerMedium-HighVery popular, as it is the most straightforward and traditional type of F1 bet
Podium FinishMediumModerately popular. It’s a solid choice for bettors who seek slightly safer options than outright race winner
Fastest LapMediumFairly popular, especially among bettors who closely follow driver and team performance throughout the season
Pole PositionMediumPopular among F1 bettors, particularly those interested in qualifying sessions
Head-to-HeadLow-MediumModerately popular, especially for bettors who want to focus on specific driver matchups
Constructor WinnerMedium-HighPopular among F1 enthusiasts who closely follow team dynamics
Driver ChampionshipHighPopular among serious F1 bettors who closely follow drivers’ performance

The markets may vary between sportsbooks, of course. But the best betting sites for F1 should have most, if not all, of those above.

Our Highly Esteemed Bookies

How to Find Great F1 Betting Sites

There’s a lot that goes into the best F1 betting sites. Here are a few factors to consider when going about your own search:

Reputation:

Always look for betting sites with a strong reputation in the industry, i.e., a proven track record or positive user reviews. This will help you find the highest-quality and safest sites.

Range of Markets:

A great F1 betting site should offer a diverse range of betting markets beyond just race winners. The more markets, the more you can personalize your betting experience.

User Interface and Experience:

A user-friendly website or mobile app should make it easier and more fun to find your way between F1 betting markets, to view F1 odds, and to place bets. We also always want to see extra features like live betting and graphics.

Bonuses and Promotions:

There’s nothing quite like a good welcome bonus for F1 betting. Many F1 betting sites are offering bonus cash or free bets to everyone who signs up, and these can often continue in the form of loyalty clubs and reload offers.

Security and Reliability:

Safety with F1 betting is probably the most important thing to consider of all. Always ensure that each F1 betting site is licensed and regulated by a reputable gambling authority. Look for secure payment options and encryption tools like SSL to protect your personal and financial information.

F1 Betting: The Pros and Cons

There are loads of great things about betting on Formula 1, but perhaps there is a downside that might need to be considered as well.

  • Seasons last for over 20 races
  • There are plenty of markets to bet on within each race
  • Widely covered at online sports betting sites
  • Opportunity for skilled sports analysis
  • The race winner is often the same

The pros of Formula 1 outweigh any downsides to it. It’s definitely one of the most exciting ways to play online, giving bettors plenty of bet opportunities over an extensive amount of races. Given that the outcomes might be on the predictable side, there are many creative ways to bet on a race beyond just the race winner, which is what makes betting on this sport enjoyable on the best F1 betting sites.

Last Thoughts on F1 Betting

With such a high volume of F1 races throughout the season and so many variables within each race itself, it’s no wonder that F1 is such a popular sport to bet on. And that means that a lot of online betting sites take it very seriously, so there’s a lot of competition between them.

That’s why we had our work cut out when it came to picking out the three top F1 betting sites. Eventually, we came to the conclusions of N1Bet, BetVictor, and Bet365, each for slightly different reasons. Each of them has all the F1 betting markets you could possibly want, with competitive odds to boot. Plus, you’re likely to get a great welcome bonus in most countries they’re supported in.

Regardless of which site you go for, there’s plenty of F1 betting types to be enjoyed, such as the race winner or the chance of a safety car. Just make sure to keep up to date with everything that happens throughout the season to give yourself the best chance of winning your bets. There’s no doubt that F1 betting fans will get along with all three of these options, just as long as they play responsibly.

Kickstart Your Betting Journey with these Top Bonuses

Frequently Asked Questions for F1 Betting

❓ Are there any special rules for F1 betting?

Each betting site may have its own set of rules for F1 betting, so it’s essential to read the terms and conditions before placing bets. Some sites may have specific rules regarding race cancellations, disqualifications, and other race-related events.

The legality of F1 betting depends on the country you’re in. In many countries, betting on F1 is legal and regulated, but there are a few countries where you won’t be able to participate in F1 bets.

🏎️ Can I bet on F1 races live?

Yes. No matter whether you choose to bet on your smartphone or your desktop computer, you should be able to bet on F1 races live at most sports betting sites. This will likely include placing in-play bets, cashing out of bets, and watching live graphics of the races as they unfold.

🔢 How can I find the best F1 betting odds?

All of the best F1 betting sites we picked out today have very competitive F1 betting odds, so you’ll get value for your wins there. But if you want to find another betting site elsewhere, it’s worth looking at an odds comparison tool online to find the best odds.

🤑 Do bonuses and promotions at betting sites usually count towards F1 bets?

Yes, it’s not very common to find F1 excluded from general sports promotions or bonuses, unless perhaps that bonus is specifically tied to a unique sporting event. Most sports bonuses can be used on F1 bets, but always check the exclusions of your offer. Fortunately, this is not the case with our recommended F1 betting sites.

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