Formula 1 Betting Sites For March 2023
The best F1 betting sites offer compelling bonuses, quick payouts and a wealth of exciting markets on every Grand Prix throughout the season. You can bet on everything from the race winner to the fastest lap, which helps you dial up the excitement when watching the action unfold.
This highlights the world’s best websites and mobile apps for Formula 1 betting. You will discover their main strengths and their flagship betting offers, allowing you to find F1 betting sites that suit your needs. We will also explain the main F1 betting options, the banking methods you can use and the bonuses you can claim, so keep reading to learn more.
- Full suite of betting options after relaunch in 2021
- Extensive in-play markets on US sports
- Rewards program allows you to earn betting offers or money off at Caesars facilities
Must be 21+ to participate. T&Cs apply.
- Among largest selection of sports in the industry
- Lots of team-specific offers due to partnerships with franchises
- Lion's Boost gives you the chance to further increase your bankroll
Gambling problem? Call 1-800-GAMBLER (CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY) Call 877-8-HOPENY or text HOPENY (467369) (NY). Must be 21+ to wager. Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI). Visit BetMGM.com for T&Cs. US promotional offers not available in NV, NY or ON.
- Multiple sign-up bonus options
- Focused on major US sports
- Refer a friend bonus available
Must be 21+ to participate. T&Cs apply.
- BetFeed allows you to take inspiration from other bettors' wagers
- Perfect 10 gives chance to win big every week
- Very generous welcome bonus
Must be 21+ to participate. T&Cs apply.
- Sportsbook Pools offers cash prizes for free
- Stats Hub provides advanced stats to help you with your wagers
- Exclusive price boosts with the teams DraftKings has partnerships with
Must be 21+ to participate. T&Cs apply.
- Unique betting features like Captain Morgan’s Soccer Pick’em
- Exclusive odds boosts for FanDuel customers
- Market leader available in majority of states
Must be 21+ to participate. T&Cs apply.
- App is very well laid out and incredibly easy to use
- Wide range of live-streaming options
- Access to CityCast podcast in certain states
Must be 21+ to participate. T&Cs apply.
- Can live stream multiple sports without betting on them
- Among the widest variety of sports to wager on in the industry
- Caters to almost every bettor by allowing wagering in 17 different currencies
Must be 21+ to participate. T&Cs apply.
Commercial content notice: Taking up one of these offers may result in a payment to
bookmakers.com. Over 21s only please gamble responsibly.
Offers updated 19th March.
The Best F1 Betting Sites
Our experts have reviewed dozens of F1 betting sites. We focused on the bonuses, the range of betting options, the quality of the odds, the payout speeds, the customer service and the overall user experience.
We can now reveal the best F1 betting sites. Some of them are available in a variety of countries, whereas others are only live in a specific market, such as USA sports betting sites only available in the United States. Keep reading to discover the strongest Formula 1 betting sites where you are based.
WynnBET F1 Race Betting
WynnBET is a user-friendly online sportsbook that operates in several states across the USA. It provides a simple user experience, appealing promos and some of the most competitive odds in the country. The mobile app is very fast and reliable, and the website is great for beginners to Formula 1 betting.
The WynnBET betting promo code earns you a “Bet $20, Get $200” sign-up bonus. There are lots more opportunities to earn bonus bets each week, while a promo called Wynn Hour offers reduced juice betting lines each Thursday.
Caesars Sportsbook F1 Betting
Caesars Sportsbook is famous for offering huge bonuses, loads of odds boosts and very high betting limits. You can visit the “Auto Racing” section of the Caesars Sportsbook app or the website to bet on each F1 race throughout the year. It offers competitive futures odds too.
The Caesars Sportsbook promo code earns you up to $1,250 back as a wager bonus if your initial F1 wager loses. You will also get 1,000 Reward Credits and 1,000 Tier Credits for the loyalty program, Caesars Rewards.
BetMGM F1 Online Betting
BetMGM is one of the top three online sportsbooks in the United States. It is co-owned by casino giant MGM Resorts International and Entain, which owns brands such as Ladbrokes, PartyCasino and PartyPoker. You can choose from lots of F1 betting options at this sportsbook.
The BetMGM bonus code BOOKMAKERS earns F1 fans a first bet offer worth up to $1,000. If your qualifying bet settlement sees you lose, you will get the money back in bonus bets.
DraftKings Sportsbook F1 Betting
DraftKings offers a world-class mobile app and website for F1 bettors. The company started out as a Daily Fantasy Sports operator, but it has successfully expanded into traditional sports betting since 2018. It has recently started offering Formula 1 DFS contests, and you can place fixed-odds F1 bets at the sportsbook too. The Dynasty Rewards program covers both the DFS section and the sportsbook.
The DraftKings sportsbook promo code offer provides you with a “Bet $5, Win $150” welcome bonus. You just need to place a $5 qualifying wager, and you will get six $25 bonus bets if it wins.
FanDuel F1 Betting
FanDuel is the No. 1 online sportsbook in America. It is owned by Flutter Entertainment – the world’s largest online gambling company, formerly known as Paddy Power Betfair – and it operates in almost every state with legal online wagering. You can find some appealing F1 betting odds at FanDuel, and it offers occasional odds and bet boosts too.
The FanDuel sportsbook promo code earns motorsports fans a No Sweat First Bet worth up to $1,000. You will get a 100% rebate if your first wager loses after signing up, and it also provides a range of recurring promos for existing users.
Bet365 F1 Online Betting
Bet365 is the world’s most popular online gambling brand. It is the market-leading UK betting site, its home market, along with various other countries. Bet365 has also started to expand across the United States too, with operations in Colorado, New Jersey and Ohio.
There are more options available at Bet365 than most rival F1 betting sites. For example, you can choose from various season-long match bets between two specific drivers, along with various seasonal specials and a variety of betting markets on each race.
The welcome bonus depends on which country you are based in, but it is always impressive – Bet £10, Get £50 in the UK, for example, and “Bet $1, Get $200” in the USA – and it comes with very simple wagering requirements.
Paddy Power F1 Betting
Paddy Power is a popular sports betting site in Ireland and the UK. It is renowned for irreverent marketing and its humorous blog, but Paddy Power is also an elite betting site with great software, competitive F1 betting odds and a wide array of betting markets.
It has evolved over the years to become Flutter Entertainment, the world’s largest online gambling company, which also owns Betfair, FanDuel, PokerStars, Sky Bet and various other big brands. The welcome bonus earns F1 fans a refund of up to €10 or £10 if their first bet loses. There are various weekly promotions available too.
William Hill Online F1 Betting
William Hill is an old-school bookmaker launched in London back in the 1930s. Caesars Entertainment purchased William Hill in 2021 for $4 billion. It rebranded William Hill US as Caesars Sportsbook and then sold all non-US operations to 888 Holdings. William Hill still operates in various betting markets, but it is no longer available in the US.
It offers a huge variety of F1 betting options, including season-long specials. There is also a #YourOdds option, which allows you to request a price on any obscure market. William Hill displays the requests in a specific section, such as Fernando Alonso Over 1 Podium Finish (4/1), Aston Martin To Win At Least 1 Race (7/1) and Alpine Or McLaren To Win The Constructors’ Championship (50/1).
F1 Championship Betting Odds
The widget below displays the best available odds on the Drivers’ Championship and the Constructors’ Championship. It is continuously updated throughout the season to ensure you will always find the current odds from leading F1 betting sites.
Betting on F1 Races
We have displayed the odds on the next Grand Prix below. It is important to find the F1 betting apps that offer the best odds on your chosen driver, as that will maximize your profits if you win.
F1 Betting Markets
You can place a wide range of bet types at the best F1 betting sites. These are the most popular options to consider:
- Race Winner | A straightforward prediction on which driver will take the chequered flag at the end of the race.
- Podium Finish | A bet on a driver to finish first, second or third, in any order.
- Finish in the Points | A driver simply needs to finish in the points for this bet to pay off.
- Pole Position | A prediction on which driver will be on pole at the start of the race by flourishing in the qualifying stages.
- Special Prop Bets | These special betting options, known as prop bets in America, are independent of the result. For example, you can bet on which driver will record the fastest lap, whether there will be a safety car and the number of finishers (over/under). Some sportsbooks, such as William Hill, allow you to request any special markets you like.
- Outright Futures | These outright markets run throughout the season, so they are not dictated by the result of a single race. The most common options are the winner of the Drivers’ Championship and the Constructors’ Championship, but there are lots of specials too, such as a driver to win a single race during the season.
Where To Bet On F1? How to Choose a Formula 1 Betting Site
We focus on eight key categories when seeking the world’s best F1 betting sites. We reviewed a huge selection of online bookmakers, and the operators mentioned above excelled in these areas:
New Customer Sign Up Offers
The best F1 betting sites provide new customers with appealing betting welcome offers. Many of them agree to match a percentage of your first deposit with free bet stakes as part of a match deposit bonus. You can then satisfy a simple rollover requirement before cashing out your winnings.
Others provide you with a rebate if your first F1 wager loses. The rebate is normally paid in bonus credits, which have a 1x playthrough requirement. In each case, we look out for large, exciting new customer betting offers with straightforward wagering requirements.
Bonuses for Existing Customers
The leading Formula 1 betting sites then provide regular bonuses for existing customers. You may be offered odds boosts and other enhanced betting offers on Formula 1 races, while other sites offer reload bonuses, insurance deals and prize draws.
Many F1 betting sites also offer loyalty programs. You earn points whenever you place F1 bets, and you can then eventually redeem your points for bonus credits. These offers can reduce the house edge that F1 betting sites build into their odds, increasing your long-term chances of ending the Formula 1 season in profit.
Customer Support & Live Chat
You can benefit from 24/7 customer support at the top F1 betting sites. The easiest option is normally live chat, which you can access within the website or the mobile app. Some sites offer phone support too, or you can send an email.
We test the customer service response times when reviewing Formula 1 betting sites. Our reviewers also assess the quality of the responses. The best F1 betting sites hire friendly, professional representatives who can provide clear, insightful advice.
Other Sporting Markets
The best F1 betting sites also cover at least 20 additional sports. They range from other motorsports, such as NASCAR and Speedway, to traditional sports like football, basketball, soccer, tennis, baseball, golf, cricket and ice hockey.
You can often wager on a wide variety of leagues and tournaments from around the world, with hundreds of bet types on each game. Many of the best betting sites also take bets on politics, entertainment and eSports too, although regulations vary from one country to the next.
Quick Withdrawals & Deposits
Deposits should be instant at reputable F1 betting sites. They offer a wide range of payment options, including credit cards, debit cards, bank transfers and prepaid cards, with wide enough deposit limits to suit all players.
You can also benefit from rapid withdrawals at elite betting sites such as Bet365 and FanDuel. For example, if you opt for a debit card withdrawal at Bet365, you will receive your funds in seconds. All deposits and withdrawals should be free of charge too.
Online Betting App
The leading F1 betting operators provide their customers with user-friendly mobile apps, which you can download by visiting the App Store or Google Play. These apps are perfectly optimized for smartphone play, making it quick and easy to bet on Formula 1, wherever you might be. They are especially useful for live betting on Formula 1 races.
Website UX
We also consider the user experience on offer when we review Formula 1 betting sites. The best operators make it easy for you to find the F1 section – which is often located within the “Motorsports” or “Auto Racing” categories – and the betting options are laid out in a simple, intuitive fashion.
They also make it easy for you to place bets. The best F1 betting sites offer user-friendly betslips, for example, and many provide tutorials available for beginners. Some sites also offer stats, insights and written previews of F1 races too, which enhance the user experience.
In-Play Betting on Races
In-play betting on F1 allows you to watch the opening laps of a race and get a feel for how well each driver is shaping up. You can then make educated live betting decisions in real time.
The F1 betting sites update their odds throughout the race, allowing you to continue betting on it until the Grand Prix is almost over. The best online sportsbooks offer appealing odds and a wide selection of live betting options, while they also make it quick and easy for you to place in-play wagers before the odds change.
Formula 1 Bonus Offers
You will often find exciting bonus offers on famous races. For example, William Hill offered enhanced odds of 60/1 on Lewis Hamilton to secure a podium finish at the last British Grand Prix. New customers could bet £1 on those enhanced odds, and they were paid out in bet credits when he finished third.
These enhanced odds markets are often available on major races such as the Monaco Grand Prix or on local races. For instance, US betting apps may offer short-term welcome bonuses on the Miami Grand Prix. They can include “bet and get” offers, such as “Bet $5, Get $150,” or insurance deals.
Bookmakers.com will always display the best bonuses from the world’s leading Formula 1 betting sites, so bookmark this page and return regularly to ensure you never miss a great promotion.
Best F1 Betting Apps
The best betting apps make it quick, convenient and simple for you to bet on F1 races. You can alternatively visit the mobile version of an F1 betting site from the browser on your device, but native mobile apps are generally better optimized for smartphone betting. They are easier to log into, and they often provide smoother navigation.
How to Bet on F1 Online
It is easy to open an account with an F1 betting site. Just click the “PLAY NOW” button next to one of the online bookmakers featured on this page. That will take you through to the website, and it will ensure you receive the best betting welcome offers.
Click to open the registration form, which should take just a minute or two to complete. It will ask for some basic personal details and contact info. Many sports betting sites request supporting documents to verify your identity, but this is often a regulatory requirement, so it should fill you with confidence.
When your account has been approved, you can make a minimum deposit to redeem the welcome offer. At that point, you will be able to navigate to the Formula 1 section, browse the range of betting options and click on one to add it to your slip. Type in your bet amount, and the slip will highlight your potential winnings. You can then confirm the F1 bet, and you will be paid after the race if it wins.
Where to Bet on Formula 1 Races
It is important to use regulated F1 betting sites that are licensed in your jurisdiction. That will ensure you benefit from local consumer protection laws, and you will be guaranteed a secure payout when you win.
As mentioned earlier, just click the “PLAY NOW” button next to one of the sites we have highlighted on this page. You can then quickly create an account and start betting on F1 races. Alternatively, search for the app on Google Play or the App Store to download it to your mobile device.
Formula 1 Daily Fantasy Sports
DraftKings became the first major Daily Fantasy Sports operator to roll out Formula 1 contests when it unveiled Fantasy F1 in 2022. Players can select five drivers and one constructor ahead of the race, but you must stay under the $50,000 salary cap.
The points align with F1’s scoring system, so the race winner receives 25 points, the runner-up gets 18 points and so on. There are also bonus points for markets like laps led and spots vs. grid position. Players are ranked in a leaderboard at the end of the contest, and the top performers win cash prizes.
Formula 1 Betting Sites Available Payment Methods
The payment methods at F1 betting sites depend upon where you are based. Some states and countries permit credit card deposits, whereas others do not. Debit card payments, bank transfers and e-wallets such as PayPal and ecoPayz are generally available at licensed F1 betting sites.
There are also local options, such as PayNearMe and Play+ at US sportsbooks and Interac, iDebit and Instadebit in Canada. Some sites may accept cryptocurrencies, but that is often a sign that you have landed on an unlicensed, unregulated betting site, so be careful.
Can I Bet on F1 Online Legally?
You can bet on Formula 1 legally in various countries, including the UK, Ireland, Australia and New Zealand. F1 betting is also legal in Canada, with a huge variety of privately owned sportsbooks in Ontario and government-run sites in other jurisdictions, such as Mise-o-jeu+ in Quebec and PlayNow in British Columbia.
In the United States, online Formula 1 betting is legal in Arizona, Arkansas, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Michigan, Montana, Nevada, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Rhode Island, Tennessee, Virginia, West Virginia, Wyoming and the District of Columbia. Retail-only sports betting is available in some states too.
