Best F1 Betting Sites

Our Top Formula 1 Betting Site Recommendations - September 2023

F1 Betting Sites Reviewed

BetVictor

While BetVictor doesn’t have the most extensive selection of F1 betting markets, you’ll find all the main bases covered, such as drivers’ and constructors’ championships, and race-specific outrights. New players get two £10 free bets with a £5 qualifying bet, one of which is for an acca — potentially a minor drawback for some. With that said, BetVictor remains a well-crafted F1 betting site thanks to its speedy interface and solid range of payment methods.

bet365

With its simple layout, bet365’s F1 betting is easy to navigate, including markets like ‘without Max Verstappen’ and driver-constructor doubles. A key perk at this bookie is the selection of Bet Boosts highlighted at the top of the page — fantastic if you’re looking for some extra value. For new players, there’s £30 of free bets up for grabs when you stake £10. And when the time comes to cash out, the majority of methods are processed within 24 hours. 

William Hill

Veteran bookie William Hill is a great choice thanks to its #YourOdds promotion, letting punters place custom bets with a simple Tweet. As a result, the betting opportunities are virtually limitless at this F1 betting site. Although William Hill certainly doesn’t have the flashiest appearance, you’ll find a wide range of payment methods supported plus £30 in free bets when you sign up and bet £10. 

Boylesports 

Boylesports caters to Formula 1 fans with an array of exciting markets. From fastest lap and first to finish to safety car predictions, they offer diverse betting options. If you’re keen on team dynamics, their constructor markets are a great choice, while the Combined Odds feature allows you to select up to three drivers to win the race. To sweeten the deal, new users can claim a generous £25 free bet bundle with just a £10 deposit and bet. 

Betfred

Betfred may not have the largest range of F1 betting options, but it still offers the key markets, including fastest lap, podium finish, and race winner. What makes it a popular choice among punters is the generous welcome bonus for new customers — simply sign up and stake £10 on any sport to receive £30 of free bets. Plus, you can enjoy it all at your fingertips when you download the Betfred sportsbook app for Android or iOS mobile phones and tablets. 

BetUK

Part of the LeoVegas Group, BetUK offers a solid choice of F1 betting markets, including pole position, constructor performance, and winning margin. You can bet on head-to-head matchups between F1 drivers like Lewis Hamilton and George Russell, while unique specials, like Max Verstappen to have the fastest pitstop, add to the excitement. BetUK’s slick mobile app receives great ratings for both Android and iOS, ensuring an excellent F1 betting experience on the go.

Unibet

Unibet impresses with its F1 betting markets. From Grand Prix winners and fastest laps to exciting head-to-head matchups and specials like first constructor to retire and total drivers to be classified, there are plenty of options. As a new customer, you can enjoy a £10 casino bonus and up to £40 back as a bonus if your first bet doesn’t hit the mark. There’s a wide range of banking options, with swift, same-day processing of payout requests coming as standard. 

QuinnBet

QuinnBet hits the mark with its impressive lineup of F1 betting markets. From race winners to winning nationalities, they've got you covered for every Grand Prix. Constructor betting options are equally enticing, with a variety of specials on offer. You can even take a punt on the Constructors Champion 2023 without the favourites Red Bull in the equation. New customers get a free bet up to £35, based on 50% of their first day's losses, and 10 free spins.

How We Choose the Best F1 Betting Sites

It’s no secret that some Formula 1 betting sites are better than others. At BettingOdds, we’re proud to recommend only the best in the business. We spot the top picks by putting each bookie through its paces, considering all the important aspects of online betting to find the crème de la crème of F1 betting sites. Below, you’ll find a quick rundown of the different areas we evaluate.

Licensing and Safety

Before we look under the hood of an F1 betting site, our first task is to confirm that the site is licensed by the UK Gambling Commission. This UKGC license tells us that a bookie operates under strict regulations, ensuring a fair and secure betting experience that gives you peace of mind. Your safety is our top priority, so you won’t find any unlicensed bookies at BettingOdds. 

Welcome Bonus

Good F1 betting sites should offer an attractive welcome bonus. This bonus can come in various forms, such as a matched deposit, free bets, or enhanced odds. Either way, they make your maiden betting experience more exciting. It’s a bit like being handed a trophy while you’re still on the grid! We check the small print of bonus offers to ensure you’re getting a great deal. 

Selection of Markets

The best Formula 1 betting sites offer a wide range of markets. Apart from traditional outright race winner bets, we like to see bookies provide options for F1 betting markets like podium finishes, fastest lap times, head-to-head matchups, and various prop bets. A diverse choice of markets allows you to perfect your F1 betting strategy and find the best value from your F1 bets. 

Competitive Odds

When it comes to F1 betting odds, you’ll want to be in pole position. While any bookie can ramp up the odds for a certain race or market, the best bookies offer consistently competitive F1 odds. 

Payment Methods

Hassle-free transactions are key when it’s time to fuel your F1 online betting account. We head to the cashier page to confirm how punters can deposit and withdraw funds. The best sites offer a mix of debit cards, e-wallets, bank transfers, and prepaid options. Our F1 betting site reviews also provide handy details surrounding things like the minimum deposit and withdrawal times. 

Customer Support

The best Formula 1 betting sites offer multiple ways for customers to get in touch, including options such as live chat, email, and telephone support, and even social media profiles on platforms such as Facebook and Twitter. To help ensure your F1 betting experience goes without a hitch, our reviews highlight the sites with a friendly pit crew waiting to help you out.

Mobile Betting at Formula 1 Betting Sites

Mobile betting has revolutionised the way in which Formula 1 fans engage with the sport and bet on races, allowing you to stay in the know with the latest F1 standings at your fingertips. Thanks to advanced mobile tech, F1 betting sites have really stepped up their game, delivering a fantastic experience on mobile sites and apps alike. Let’s explore some of the perks of betting on mobile:

Live Streaming

No matter the sport, one of the most coveted features of mobile betting apps is live streaming. Unfortunately, TV rights mean F1 live streams are off the menu, even at the best Formula One betting sites. Not to worry. Some sites provide animations to keep you up to speed as races unfold. Others offer live commentary and F1 betting tips on their blogs. 

In-Play Betting

In-play betting puts you in the driver’s seat, allowing you to adapt your bets during the race to react to unfolding race events like safety cars, pit stops, and unexpected turns of fate. With dynamic odds keeping you engaged until the final lap, Formula 1 betting on your mobile becomes an interactive and exciting experience that you won’t want to miss. 

Bonuses

To attract and reward punters, Formula One betting sites often provide exclusive bonuses and promos tailored to their mobile apps. These bonuses may include free bets, matched deposit bonuses, or special odds boost tokens for specific races. As a mobile bettor, you’ll be able to take advantage of these generous mobile bonus offers to add extra value to your F1 bets. 

Push Notifications

Staying in the know is crucial for successful motorsport betting and push notifications are just the thing to help you stay ahead of the pack. Available exclusively on F1 mobile betting apps, push notifications deliver timely updates on race times, betting odds, and exclusive offers, ensuring you never miss an opportunity to back your favourite F1 drivers.

Quick Payments

Mobile F1 betting platforms often feature secure payment methods, usually including convenient mobile-friendly options like Apple Pay, Google Pay, and e-wallets. Whether you're depositing or cashing out, swift banking services means you never miss out on exciting Formula 1 betting opportunities, nor wait too long for your winnings.

Competitive Odds

Mobile F1 betting sites and apps offer competitive odds on every race, ensuring you get the most value for your bets. Whether you're using a mobile site or app, staying up to date with the latest F1 betting odds is a breeze. Plus, you’ll enjoy the same favourable betting odds for F1 as desktop users, making mobile betting even more appealing for F1 fans on the go.

Customer Service

Quality customer service is essential for any reputable betting platform. Mobile betting sites provide customer support through various channels, such as live chat, email, or phone, allowing you to seek assistance at any time and ensuring you’re well-supported. It’s like having a personal pit crew at your disposal. 

Formula 1 Betting Welcome Bonus

Most of the best F1 betting sites will offer you the chance to claim a welcome bonus when you first sign up for an online betting account. These sports betting bonuses vary in terms of what’s on offer but all aim to enhance your experience as a new customer and turbocharge your betting power. Let’s buckle up and check out some of the offers you’ll commonly find.

Free Bets

Free bets are a popular form of welcome bonus in Formula 1 betting, with some bookies offering new punters a completely free bet with no deposit or staking required. However, bet and get deals are more common. With these offers, you’ll need to bet a certain amount to enjoy the freebies. At William Hill, for example, your first bet of £10 or more lands you £30 in free bets. While you won’t get the stake back from your free bets if they win, they’re a fantastic way to dip your toes into F1 betting without risking too much of your own cash. 

Matched Deposits

Another exciting welcome bonus is the matched deposit bonus. With this offer, the bookmaker matches a percentage of your initial deposit, effectively increasing your bankroll. For instance, if you deposit £50 and the bookie offers a 100% match, you’ll have £100 to bet on Formula 1 races. Matched deposit bonuses can offer a significant boost to your F1 betting power. Just remember to keep an eye out for any wagering requirements as they are often part and parcel of the deal with this type of sportsbook bonus. 

Bet Refunds

Sometimes even the best drivers spin out. This is where bet refund bonuses come in: these offer a safety net for your first bet. If your initial wager on an F1 race loses, the betting site refunds your stake, up to a stated maximum amount.  For example, if you bet £20 on a driver to win and they miss out on the victory, the site refunds your £20. Bet refunds are occasionally paid as cash but more often as a free bet token. Either way, these bonuses offer an extra layer of security, giving you a second chance to place another bet and potentially get a bit luckier.  

Popular Formula 1 Race Betting Markets

Future Bets: This bet is where you are betting on an outright winner of the Formula 1 World Championship. This can be both for Drivers and Constructors. Throughout the season bookmakers will update the odds on who they think will hoist the trophy at the end of the season. You can place bets whenever you like and you'll get the odds on when you place a bet.

Race Winner: Similar to a Futures Bet, this is where you can place a bet on who will win each individual Grand Prix. These odds will vary throughout the race weekend. Most bookmakers will offer in-play options.

Qualifying Winner: You can place bets on who will earn Pole Position on Saturdays during a race weekend.

Podium Finish: Another popular bet is whether a driver will finish on the podium - i.e. in the top three of the race. This market is particularly interesting when there is a wet Grand Prix.

Safety Car?: Fans of F1 know that the Safety Car is often deployed to allow marshall’s to clear up debris from the track or to recover a stricken car. You can bet on whether that will happen with several bookies.

1st Driver Retirement: A tough market to bet on that can yield good rewards is betting on which driver will be the first to retire. With first corner tangles plentiful in the sport, this is sometimes a bit of a crapshoot.

Payment Methods at Formula 1 Betting Sites

The best F1 betting sites support a range of payment methods, making it easy to manage your betting wallet. We’ve explained the pros and cons of some common options below.

Debit Cards

Debit cards are ubiquitous at F1 betting sites and will be familiar to most customers. Simply key in your 16-digit card number, confirm the deposit, and the money will land in your betting account instantly. This method is always eligible when claiming an F1 betting bonus. 

Withdrawals to debit cards are typically slower, taking around 3–5 days. If the betting site supports Fast Funds, however, Visa customers can receive their money within 30 minutes. 

PayPal

One of the most popular e-wallets, PayPal is available at many of the best F1 betting sites. The benefits are numerous. After linking a card or bank account, punters can keep financial info private when transacting with PayPal. The service is also quick and convenient, requiring just your registered email and password to make payments. Better still, it’s free to use and withdrawals usually land within 24 hours — sometimes even instantly.

The only drawback? PayPal and other e-wallets are commonly excluded when claiming bonuses. Check the T&Cs before making your qualifying deposit. 

Apple Pay and Google Pay

Betting on F1 with your mobile? Apple Pay and Google Pay — for iOS and Android devices respectively — are quick ways to make deposits. They’re highly secure, utilising face or touch ID to authorise the transaction, and using a unique identifier in place of your actual card number. Deposits land instantly, although not all bookmakers support withdrawals via these services. 

Prepaid Cards

If you’d like to keep a close eye on your spend or would rather not share any bank details online, a prepaid card such as Paysafecard is one way to go. These vouchers can be bought in retailers with values of £10–£100. Then, just use the printed 16-digit code to transfer the funds to your betting wallet. Bookmakers don’t typically support withdrawals to prepaid cards, so you’ll need to pair them with another service. They may also disqualify you from receiving a bonus.

Responsible Gambling At Formula 1 Betting Sites

Responsible gambling is an essential aspect of enjoying F1 betting safely. It involves being aware of the risks associated with gambling and taking steps to ensure it remains fun. Knowing the warning signs of gambling addiction, such as persistent thoughts about gambling, chasing losses, or neglecting work commitments, can help you address potential issues before they escalate. Below, you can read more top tips to help you gamble responsibly at F1 betting sites.

Use Trusted Websites

To ensure a safe experience, use reputable F1 betting sites that are licensed by the UKGC. These sites undergo rigorous checks to protect your interests and ensure fair play. All of the F1 betting sites listed at BettingOdds have this licence in place.  

Use Secure Payment Methods

Protecting your financial information is really important when you bet online. Choose F1 betting sites that offer secure payment methods, such as debit cards, e-wallets, and Trustly. These payment options boast innovative security features to safeguard your transactions.

Set a Budget

Maintaining control over F1 betting starts with setting a budget. Before you bet online, determine an amount of money you can afford to spend — and potentially lose. Many bookies offer the option to set deposit and/or loss limits, which can help keep you on track. 

Don’t Bet on Markets You’re Not Familiar With

It can be tempting to explore a wide range of betting markets, but it's important to stick to what you know. Avoid placing bets on F1 markets you're unfamiliar with. Instead, focus on the races, drivers, or markets you know enough about to make informed betting decisions. 

Only Bet With Money You Can Afford to Lose

A golden rule in gambling is to only bet with money you can afford to lose. Never use funds intended for essential expenses, such as rent, bills, or other financial responsibilities. Gambling should be a form of entertainment, never a source of financial stress.

Don’t Try to Win Back What You’ve Lost

Whether you’re betting on motor racing or any other sport, experiencing losses is a natural part of gambling. It's important to avoid the urge to chase losses by placing larger or riskier bets in an attempt to recoup what you've lost, as this can lead to further financial difficulties. 

Frequently Asked Questions