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Top F1 Betting Sites – Where to Bet on Formula 1 Online
If F1 betting is on your mind, you’re in the right place! We’re here to guide you through the process of finding the best betting sites, with the best F1 odds and the most lucrative bonuses.
You’ll learn about some of the interesting bets you can make, as well as get some valuable tips on how to get the most out of your Formula 1 betting adventure.
In case you still need some persuading to start betting on Formula 1, we’ll also present you with some fun facts that make F1 the fastest, most exhilarating show on the planet.
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Recommended Sites from GamblingSites.com
Best F1 Betting Sites
- Bovada – Best Overall F1 Betting Site
- MyBookie – Best Formula One Sportsbook for Props
- TrustDice – Best Formula One Sportsbook for Crypto
Bovada Best Overall F1 Betting Site
Bovada is, hands down, the best F1 betting site in the world today. There are many reasons for that, starting with the fact that Bovada has a greater collection of Formula 1 betting markets than its competitors.
This is an online gambling site where you can bet on every race on the F1 calendar, placing driver-specific bets like the race winner, top 3/6/10 finish, and so on. You can also place some more exotic wagers, such as the fastest pit stop (team) and safety car period.
This sportsbook is also giving away bonuses that you can use to bet on Formula 1. Some of those deals include Bovada’s two sign-up bonuses – a 50% up to $250 sports welcome bonus and a 75% up to $750 crypto bonus.
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- Bonus: up to $750
- Visit Site
- Read Review
MyBookie Best Formula One Sportsbook for Props
If you’re a fan of quirky Formula 1 bets, MyBookie is the right sportsbook for you. For every race of the season, MyBookie is offering 80+ different props. Among these are prop bets focused on driver performances, including the driver with the fastest lap, the nationality of the winning driver, and more.
You can also bet on how certain teams will do in the race. For example, you can bet that both Red Bull Racing drivers will be classified as finishers in the Bahrain GP. MyBookie also offers some season-based props, such as total wins over/under.
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- Bonus: 50% up to $1,000
- Visit Site
- Read Review
TrustDice Best Formula One Sportsbook for Crypto
TrustDice is a crypto-friendly gambling platform that covers Formula 1 in its sports betting section. You can choose from 100+ digital currencies for deposits/withdrawals at Trust Dice.
All the major cryptos are covered, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and the like. In addition, TrustDice also supports some niche cryptocurrencies, including the Alpine F1 Team Fan Token (ALPINE); these can be exchanged for BTC or ETH for use on the site.
Once you’ve made your first crypto deposit, the TrustDice Sportsbook will reward you with a risk-free bet, which can be used for F1 betting. If your first-ever TrustDice sports bet loses, the sportsbook will refund it in the form of a free bet of up to $30.
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- Bonus: 100% up to 3 BTC/$90,000
- Visit Site
- Read Review
F1 Betting Sites Compared
| Site Name | B.E.S.T. Rating | Welcome Bonus | Min. Deposit | Specialty | Read Review | Visit Site |
|---|---|---|---|---|---|---|
| Bovada | 4.5 | 75% up to $750 crypto bonus | $10 | Best F1 Betting Site Overall | Read Review | Visit Bovada |
| MyBookie | 4 | 50% up to $1,000 | $20 | Best F1 Sportsbook for Props | Read Review | Visit MyBookie |
| TrustDice | 4 | $30 Risk-Free Bet | $10 | Best F1 Sportsbook for Crypto | Read Review | Visit TrustDice |
How We Rank the Best F1 Betting Sites
We rank Formula 1 betting sites using comprehensive criteria outlined in our B.E.S.T. System. For an online sportsbook to get our stamp of approval, it needs to tick all the following boxes:
- Bonuses – The best F1 betting sites have the best bonuses and promos, which you can use to bet on Formula 1 races. We rate these deals on how lucrative they are (they should be equal to at least 50% of your deposit), how easy they are to clear (e.g., 10x rollover requirement), and so on.
- Entertainment Features – It goes without saying that the best betting sites need to have a user-friendly interface that’s pleasing to the eye. The best F1 sportsbooks also have special features like early cashout, prop builders, and live betting.
- Safety and Security – Your funds and private information are safe if you’re betting at the best F1 betting sites. They all use advanced security features like TLS (Transport Layer Security), are appropriately licensed and outline their data protection measures in their privacy policies.
- Transactions – F1 sportsbooks with a variety of secure banking options, such as Visa, e-wallets, and cryptocurrencies, receive a higher rating than those with more limited options. We also rate sportsbooks based on the speed of their withdrawals, and if there are any associated fees.
How to Choose the Best Formula 1 Sportsbooks for You
There are literally dozens of top-rated motorsports betting sites that cover Formula 1. To find your ideal match, you should ask yourself the following questions:
How Often Do You Bet on F1?
Do you wish to bet on season-long wagers, such as the F1 Drivers Championship winner? Or, would you like to place race-specific bets throughout the season?
Either way, Bovada should satisfy your F1 betting wishes, as it offers a wide range of bets, covering everything from futures to race props.
What Payment Method Do You Prefer?
Most betting sites accept credit cards like Visa and Mastercard for deposits; some may also offer alternative options, such as bank transfers and eWallets. Many sites also support various kinds of cryptocurrencies, including Bovada, MyBookie, and TrustDice.
Are You a Cryptocurrency Bettor?
If you value privacy and security while betting on F1 online, using cryptos for deposits and withdrawals might be the right thing to do.
Sites like TrustDice work with 100+ different cryptos, including all the most popular ones, including Bitcoin, Ethereum, and Litecoin.
How to Sign Up at F1 Betting Sites
Find a reputable site for Formula 1 betting online. If you’re looking for a recommendation, our research indicates Bovada is the best Formula 1 site. Go to their website and click/tap the green button saying “Join”. Follow the on-screen instructions and confirm your account.
Click/tap the click the profile icon at the top of the page and choose the option “Deposit”. Pick one of the available deposit options and select the amount you wish to send to your sportsbook account.
While making a deposit, you’ll be offered the chance to choose your bonus. With Bovada, you can choose from between a standard 50% welcome bonus and a 75% bonus for crypto deposits.
With money in your account, all that’s left is to start betting on Formula 1. For this, you should go to the motorsports (titled “Motor Sports” at Bovada) and look for F1 betting markets. Once you’ve decided on your bet, enter the stake, and confirm your decision.
Best F1 Events to Bet On
There are 24 events on the Formula 1 calendar, with some of those frequently turning into real thrillers on the road. Such races usually come with better odds than the rest, which is why we advise you to pay special attention to them. You can see those events in the table below.
| Race | 2024 Date | Location |
|---|---|---|
| Bahrain Grand Prix | March 2nd | Bahrain International Circuit |
| Monaco Grand Prix | May 26th | Circuit de Monaco |
| British Grand Prix | July 7th | Silverstone Circuit |
| Las Vegas Grand Prix | November 23rd | Las Vegas Strip Circuit |
| Abu Dhabi Grand Prix | December 8th | Yas Marina Circuit |
Betting on Formula One Online
The best advice we can give you is to enjoy yourself while betting on Formula 1. Experiment with different kinds of bets, back your favorite drivers, or bet against those you don’t like.
Fun is guaranteed if you bet on F1, but don’t forget about its money-making potential. To make sure you stand a good chance of winning money, you need to find the best odds and most attractive bonuses.
So, where can you find all those things? You can go with any of the betting sites we recommend, but if you want the very best sportsbook for F1 betting, sign up to Bovada!
