Best F1 betting sites: Top bookies for Formula 1 betting odds... (original) (raw)

FORMULA 1 is undoubtedly the most popular form of motor racing. Dating back to 1950, F1 features the best drivers from around the world, who battle it out for constructors such as Ferrari, Red Bull and Mercedes. F1 betting is now also available with the majority of the leading online bookmakers in the UK.

As such, betting on the winner of races, the Championship winner and much more. On this page, I will outline where to find the best betting odds for F1 from the operators we work with. On top of this, I have also covered available markets, bonuses and extra features to take advantage of.

Find The Sun's betting publishing principles here

How I made our selection of F1 betting sites

Given the number of betting sites that feature F1 markets today, it can be tricky to decide who to register with. However, when making my recommendations, I ensured that our top rated bookies all score well in the following areas:

A closer look at the best Formula 1 betting apps and bookmakers in the UK

Still unsure of which F1 betting site to sign up on? Below, I have taken a closer look at my top bookies, specifically on what they offer surrounding Formula 1. I have also listed three selling points for each brand:

1. BetUK

BetUK covers all F1 races during the season, with markets being available on practice, qualifying and the race itself. The bookie is a top option for motor racing specials. An example is Max Verstappen winning qualifying, the race and setting the fastest lap. Odds are among the best around, while the BetUK app can be downloaded on iOS and Android devices. You can also claim £30 in free bets when signing up, while ongoing promotions include acca boosts.

2. Spreadex

At Spreadex, I found both fixed odds and spread betting F1 markets. Pre-race, live and outright options are available, with popular markets including race winner, fastest qualifier and drivers championship. Odds are competitive throughout, with new members at Spreadex being able to get their hands on £40 in bonuses. While there are no promotions specific to motor racing, Spreadex does score well when it comes to mobile betting, customer service and withdrawals.

3. Parimatch

As well as pre-race and outright F1 betting markets, you will also find in-play opportunities at Parimatch. The bookie also offers useful information surrounding the sport, including which drivers compete for each team. The sports welcome offer is worth £20 in free bets, with a handful of ongoing promotions being available too. Parimatch is fully functional on mobile devices, with a good number of payment methods being accepted too.

How to bet on Formula 1

Thanks to the usability and efficiency of the top online bookmakers, it is easy to bet on Formula 1. For beginners, the following is a step-by-step guide that explains how to get started on wagering on your favourite teams and drivers:

  1. I went to my preferred website - bet365 for this example
  2. I clicked the “Join” button.
  3. Entered all the necessary information - my first and last name, nationality, country, date of birth and contact information
  4. SMS verification - I allowed bet365 to send me the code, which I entered into the browser to verify my phone number, so I could confirm my number.
  5. I entered my preferred payment method - I input the data of my preferred payment method, which is my Visa card in this case.
  6. Complete the registration form by creating a username and password at this stage.
  7. I logged in to my account and accessed the cashier page.
  8. I deposited money using my preferred payment method.
  9. I browsed Formula 1 markets until I found what I wanted to bet on.
  10. Added selections to my bet slip.
  11. Browsed available bet types and the odds on offer.
  12. Entered my stake and confirmed the bet by selecting “Place Bets”.

What types of bets can I place on Formula 1?

A good number of markets are now available surrounding F1. As such, it is possible to bet on far more than simply the winner of each race. The following are among the markets to look out for:

You can use our free bet calculator to find out what your winnings would be, depending on your stake.

Top Formula 1 odds. 18+ BeGambleAware.org Please play responsibly.

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Top Formula 1 odds. 18+ BeGambleAware.org Please play responsibly.

Is there in-play betting on F1?

Absolutely. Like many other sports today, it is possible to place live bets on Formula 1 races. As such, as soon as a race has started, in-play odds become available. Prices change regularly during the race, based on overtakes, pit stops and other incidents. With pre-race odds not always being the most appealing, many use in-play markets as a way to find value. For example, I could back Max Verstappen to win the race, despite being overtaken in the opening lap.

What bonuses are available for F1 betting?

One of the major benefits of betting on F1 online is the bonuses and promotions that are offered by bookies. While deals specific to motor racing are difficult to find, there are certainly rewards worth taking advantage of. My recommended bookies all come with a welcome offer, such as a free bet or deposit bonus.

Meanwhile, those betting on Formula 1 may well be able to utilise price boosts, acca insurance and money-back specials. Whatever the offer type is, be sure to read the bonus terms and conditions in full before signing up and depositing.

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What bookies in the UK have live streaming for F1?

There is nothing quite like watching Formula 1 races live. Unless I am able to visit the track itself, the next best thing is following the action on television. Unfortunately, unlike some other sports, I am not able to find any live streaming opportunities surrounding F1 with bookies in the UK. This is due to broadcasting rights. However, I found useful in-play graphics and statistics that can potentially help me pick a winner.

What are the biggest F1 races for betting?

The F1 calendar is jam-packed full of high-profile races. However, there are some that attract the interest of racing fans more than others. The first that springs to mind is the Monaco GP. Taking place on the streets of Monaco, the track is famously difficult to overtake on. Meanwhile, fans in the UK always enjoy watching the British GP, which is held at Silverstone. The first Las Vegas GP will be held in 2023.

A large number of bets are placed on the British Grand Prix. Held annually at Silverstone, the track is known to be of the toughest for the cars and drivers. As such, there are normally plenty of incidents. This makes for a good spectacle for bettors, especially those looking to take advantage of in-play F1 markets.

What teams are the best in the 2023 season?

When answering this question, there is only one team to discuss. Red Bull is a UK-based team that has dominated the 2023 season. Their two drivers are Max Verstappen and Sergio Perez, with the team having won the Constructors Championship in 2022, ending the dominance of Mercedes. The likes of Aston Martin, Ferrari and McLaren and Mercedes are Red Bull’s closest competitors.

What drivers are leading in points in the 2023 season?

2022 world champion Verstappen has dominated the 2023 season so far. The Dutch star had won 10 of the 12 races at the time of writing this page. He has a significant lead over his team mate Perez, with Alonso, Lewis Hamilton and Charles Leclerc finding themselves hundreds of points behind.

Who were the previous Formula 1 Drivers’ Champions?

It is worth knowing which drivers have won the F1 Championship over recent years. Below, I have listed those who have come out on top over the last decade:

My top 5 tips and F1 betting strategies

Given the competitive nature of the sport, there are no guarantees that you will make money from placing F1 bets. However, those who follow my top tips will give themselves the best possible chance of beating the bookies:

  1. Do your research - Before placing any bet, make sure that you have done your homework on the teams, drivers, circuit and other useful factors. Look at recent results, car alterations and the weather forecast in particular.
  2. Be responsible - Make sure that you only ever bet what you can afford to lose. The best way to ensure this is to set and stick to a budget. Never chase your losses!
  3. Watch live - Where possible, watch Formula 1 action live. This starts with practice sessions, which will give you a better idea of which drivers may be battling for a podium finish come race day.
  4. Take advantage of bonuses - There are bonuses for both new and existing members online today. So, keep an eye on the “Promotions” page of your chosen bookies. Just be sure to read the bonus T&Cs beforehand.
  5. Follow motor racing news - It is easy to find out about F1 online. You can read about driver changes, injuries and much more.
  6. Find The Sun's betting publishing principles here

About the author

James Fuller

James is an experienced copywriter with over a decade’s worth of experience in the casino industry. He is an avid sports fan, following football, tennis, Formula 1 and golf in particular.

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