Formula 1 is where the world’s best drivers compete to be crowned F1 world champion. There is now huge betting interest in F1 and we have detailed the best places to go to place your F1 bets below.
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Formua 1 one of the most popular sports in the world, reaching out to a huge audience across all four corners of the globe. The demand for and excitement around F1 has seemingly never been greater, with the fanbase of the sport expanding exponentially from a casual standpoint in the wake of Netflix’s hugely successful “Drive to Survive” series.
There is plenty of interest in F1 from a betting perspective too, with all of the best online bookmakers offering a wide range of markets that can be wagered on ahead of every F1 race, as well as outright selections that take place over the course of the season.
Continue below to see our list of the best F1 betting sites and the sign-up offer you can receive when you bet on F1 with them today.
Best F1 Betting Sites
bet365 is one of the most popular sports gambling websites in the world, with millions of customers worldwide. As well as feature sports gambling, you will also find bingo, casino and lottery games on the site. So whether you are one of those people that want to bet on a horse race or one of the various football leagues in the world, bet365 has you covered for everything you need.
Virgin Bet is the biggest upcoming bookmaker in the UK, which has been a real hit with players. Most people will recognise this brand through the name Virgin, but the bookmaker doesn’t disappoint with a big variety for sports available to bet on.
Even though LiveScore Bet is not the most well-known online bookie in England, it has undoubtedly developed in reputation in recent years so that it has become a site where bettors can get their hands on some pretty incredible markets on major sporting events.
LiveScore Bet’s strategy is to retain its punters on the site by providing incredible current customer offers.
In terms of its age, BetUK bet is a relatively young online bookmaker. It is setting out to establish itself as one of the most reputable establishments for betting on sportsbooks and gambling in the industry.
If you decide to use the bookmaker, various proms are available, which are pretty easy to obtain.
A total of over 270 retail outlets are operated by BoyleSports, making it the largest independent bookmaker in Ireland and the United Kingdom at the time of this writing. One of the industry’s pioneers, BoyleSports has been around for over a century and is also the largest bookmaker in Ireland.
Being founded in 1982 by John Boyle, they are currently considered one of the top betting operators in the online world. As well as having the best mobile betting applications available on the Google Play Store and the App Store, they also have a great betting website.
BetStars – GET £20 IN FREE BETS
SBK – Bet £10 Get £30 In Free Bets
Tote – BET £5 GET £20 IN FREE BETS
As a result of sponsorship partnerships at major horse racing, tennis, darts, and football events, Betfred has continued to develop in recent months. Even beginners in sports betting will have heard of BetFred and recognise it as one of the finest sports betting sites in the United Kingdom.
In addition to its solid reputation as one of the best sites for fantastic football markets, along with daily odds that are constantly increasing, it also provides new users with one of the finest 1st deposit welcome offers available on the market.
In the past, Unibet was considered an underappreciated bookmaker; however, in recent years, Unibet has made significant progress toward being regarded as one of the top bookies in the industry. Its welcome offer alone is enough to flag it as a serious rival to some of the most popular sites available on the market.
The sportsbook offers various markets, and new ones are added regularly. Besides the excellent experience that can be obtained both on desktop computers and mobile devices, price boosts are one of the main selling points of this online bookmaker.
Quinnbet – GET 50% BACK AS A FREE BET UP TO £35
Since QuinnBet, based in Ireland and started its online sportsbook in 2017, some gamblers may not have had the opportunity to enjoy the benefits of using this particular platform. Despite the fact that it is still one of the smallest sites on the current list and is not as well known, it manages to hold its own with a fantastic sign-up offer and amazing incentives that will be more than enough for the casual bettor.
Parimatch Sports – Bet £5 Get £30 In Bonuses
Mr Play Sport – UP TO £100 WELCOME BONUS
Mr. Play is another online bookmaker that many bettors may not know about. Still, this bookmaker is worth checking out if you are looking for an online casino that offers a generous welcome bonus, an extensive selection of sporting events, and a satisfying range of odds.
With our user-friendly website and mobile app, you can place bets on a wide range of sports, from Champions League football to horse betting and futsal, all of which are available on the Mr Play website and app.
Popular F1 Bets
With the interest levels in Formula One going through the roof, it’s no surprise that the same applies to the number of people wanting to put wagers on the sport. There are a wide range of bets that can be placed on both F1 races and the F1 season as a whole through various markets. Below, we have identified some of the most popular F1 betting markets that are available to punters.
This is the most common market to bet on when it comes to individual races. Here, you are simply looking to select which driver you think will win the race that you are betting on. The odds can change significantly over the course of the weekend once the practice and qualifying results have been submitted, making it a market that can provide plenty of value.
Betting on a podium finish is like betting each way on a horse. You are paid out as a winner in this market if the driver you select manages to finish in first, second or third, thus ending up on the podium at the end of the race.
Saturday’s qualifying session often has a huge say in the outcome of the race on Sunday. Drivers compete to post the fastest possible lap time over the course of three qualifying sessions, with the times set determining the starting order of the grid for the race. The driver who sets the fastest time will be in ‘pole position’ and start the race at the front of the grid.
Top 10 Finish
Each driver that finishes in the top 10 of the race will score points that contribute to their totals in the World Drivers’ Championship standings and their team’s position in the World Constructors’ Championship. Essentially, you are betting on your chosen driver to score points in the race within this market, which can give good value if you are wanting to bet on drivers from teams that ordinarily compete towards the back of the grid.
An additional championship point is awarded to the driver that finishes each race with the fastest lap and this has now become an available market with the best F1 bookmakers. It is a self-explanatory market — if your selected driver finishes the race with the fastest single lap time you will be paid out as a winner.
World Drivers’ Championship
The World Drivers’ Championship is something you can bet on both before and throughout the course of the F1 season. Within this market, you are choosing the driver you think will win the most points over the year and be crowned world champion. The odds within this market will regularly change as the season progresses to reflect the state of the championship standings at the time of your bet.
World Constructors’ Championship
F1 fans can also place a bet on their favourite team to win the World Constructors’ Championship through the team’s two drivers earning the most combined points. Additionally, you can place a World Drivers’ Championship and World Constructors’ Championship double where your bet will be paid out as a winner if you can correctly back the winner of both championships.
How We Choose The Best F1 Betting Sites
There are a number of factors we look into before adding new bookmakers to our list of the best F1 betting sites. We ensure that every included site passes the criteria set below before they are approved and recommended as a trusted platform to bet on F1 using.
Range of F1 Markets
The F1 betting sites that go into the most detail with their range of markets will always be the best to use. F1 junkies want to see more than just the outright winner and pole position on offer — we will always look for greater detail with markets such as first driver retirement, safety car, winning margin and teammate duels.
Safety & Security
Our recommended F1 betting sites have all been licensed and regulated by the United Kingdom Gambling Commission and Malta Gaming Authority. This means you aren’t leaving anything to chance when sharing your personal information and banking details with an online platform and can be safe in the knowledge that you are using a trusted site.
Every sports betting fan wants to know they are getting the most bang for their buck and that is why we have only included bookmakers that will give you competitive odds on your selections. Nobody likes to feel shortchanged and we will ensure that isn’t the case thanks to our recommended F1 betting sites giving you competitive odds on your F1 bets.
F1 Offers & Promotions
Online bookmakers will regularly provide their customers with offers and promotions that give them additional value on selected bets. Naturally, we have looked at which betting sites offer the most F1-specific promotions ahead of each season, race and qualifying session.
It is nice to have a wide variety of payment options when betting online. This makes it as easy as possible for online users to make deposits and complete withdrawals from their online betting accounts. We have hand-picked betting sites that give you a strong selection of betting payment methods to use.
Customer Service Options
If there is an issue with your account or you have a query, it is important to know that your chosen betting site is easy to get hold of. Customer service options we like to see are a live chat feature, a telephone number, an email address and an FAQs page.
More players are betting using their mobile phones than ever before, with it never being easier to place a sports bet whilst being on the go. Our list of the best F1 betting sites all have mobile compatibility through a mobile betting site and there are plenty of free-to-download mobile betting apps that you can access to enjoy the optimum mobile experience.
F1 Betting Offers
There are plenty of different F1 betting offers that will be available to punters throughout the season. These can give you extra value on your F1 bets and customers highly covet some.
F1 Free Bets
There are few more popular betting offers than free bets, which is no surprise given they don’t cost anything to the punter but can result in real money winnings. Free bets can be triggered in a number of methods, such as new customer offers or through loyalty promotions when the deposit requirements have been met.
F1 Odds Boosts
F1 betting sites often run odds boosts to entice players into backing a certain selection. These are usually put in place to add extra value to a short-odds selection that punters may avoid due to the short price. For example, a bookmaker may run an odds boost on Lewis Hamilton to win a race to make the odds more valuable for the customer.
How To Bet On F1
Betting on F1 can add an extra layer of excitement and adrenaline to the high-octane sport. It has never been easier to place bets online, with F1 being no exception. Our online betting guide will give you the full run down on online sports betting, but for specifically betting on F1 be sure to follow each of these steps:
- Choose one of our recommended F1 betting sites and select ‘claim offer’.
- Complete the registration process and verify your identity to create an account with the bookmaker.
- Head over to the deposit page and make a deposit using one of the bookmaker’srt accepted payment methods to add funds to your account.
- Find the F1 betting section of the site/app you are using — this is generally found within the full list of available sports on the left hand side of the page.
- Choose the market and selected you want to place a bet on, add your selection to the betslip and press ‘place bet’.
- Sit back, relax and watch the action unfold as you wait with anticipation to see if your bet is a winner or not.
2023 F1 Calendar
There are 23 races scheduled to take place over the course of the 2023 F1 season.
- Bahrain Grand Prix – Bahrain International Circuit
- Saudi Arabian Grand Prix – Jeddah Corniche Circuit
- Australian Grand Prix – Albert Park Circuit
- Azerbaijan Grand Prix – Baku City Circuit
- Miami Grand Prix – Miami International Autodrome
- Emilia Romagna Grand Prix – Imola Circuit
- Monaco Grand Prix – Circuit de Monaco
- Spanish Grand Prix – Circuit de Barcelona-Catalunya
- Candian Grand Prix – Circuit Gilles Villeneuve
- Austrian Grand Prix – Red Bull Ring
- British Grand Prix – Silverstone Circuit
- Hungarian Grand Prix – Hungaroring
- Belgian Grand Prix – Circuit de Spa-Francorchamps
- Dutch Grand Prix – Circuit Zandvoort
- Italian Grand Prix – Monza Circuit
- Singapore Grand Prix – Marina Bay Street Circuit
- Japanese Grand Prix – Suzuka International Racing Course
- Qatar Grand Prix – Lusail International Circuit
- United States Grand Prix – Circuit of the Americas
- Mexico City Grand Prix – Autodromo Hermanos Rodriguez
- Sao Paulo Grand Prix – Interlagos Circuit
- Las Vegas Grand Prix – Las Vegas Street Circuit
- Abu Dhabi Grand Prix – Yas Marian Circuit
2023 F1 Drivers & Teams
There are a total of 10 teams competing in Formula One in 2023, all of which have two drivers, making up a grid of 20 drivers. The main prize for all is the World Drivers’ Championship, which is won by the driver who is able to earn the most points over the course of the 23-race calendar. There is also the Constructors’ Championship, which is won by the team whose two drivers have won the most accumulative points. The 2023 F1 season will see the following teams and drivers competing:
- Oracle Red Bull Racing – Max Verstappen & Sergio Perez
- Scuderia Ferrari – Charles LeClerc & Carlos Sainz
- Mercedes-AMG Petronas F1 Team – Lewis Hamilton & George Russell
- BWT Alpine F1 Team – Esteban Ocon & Pierre Gasly
- McLaren F1 Team – Lando Norris & Oscar Piastri
- Alfa Romeo F1 Team Stake – Valtteri Bottas & Zhou Guanyu
- Aston Martin Aramco Cognizant F1 Team – Fernando Alonso & Lance Stroll
- MoneyGram Haas F1 Team – Kevin Magnussen & Nico Hulkenberg
- Scuderia AlphaTauri – Yuki Tsunoda & Nyck de Vries
- Williams Racing – Alex Albon & Logan Sargeant
Recent F1 Drivers’ World Champions
- 2022 – Max Verstappen
- 2021 – Max Verstappen
- 2020 – Lewis Hamilton
- 2019 – Lewis Hamilton
- 2018 – Lewis Hamilton
- 2017 – Lewis Hamilton
- 2016 – Nico Rosberg
- 2015 – Lewis Hamilton
- 2014 – Lewis Hamilton
- 2013 – Sebastian Vettel
- 2012 – Sebastian Vettel
- 2011 – Sebastian Vettel
- 2010 – Sebastian Vettel
Recent F1 Constructors’ World Champions
- 2022 – Red Bull
- 2021 – Mercedes
- 2020 – Mercedes
- 2019 – Mercedes
- 2018 – Mercedes
- 2017 – Mercedes
- 2016 – Mercedes
- 2015 – Mercedes
- 2014 – Mercedes
- 2013 – Red Bull
- 2012 – Red Bull
- 2011 – Red Bull
- 2010 – Red Bull
Frequently Asked Questions
Can you legally bet on F1?
Yes, it is legal to bet on F1 in the United Kingdom with licensed and regulated betting sites.
Can you live stream F1 on betting sites?
Unfortunately, it is not possible to live stream F1 races on betting sites in the United Kingdom.
What bets can you place on F1?
There is a huge variety of bets that can be placed on Formula One such as the Drivers’ Championship winner, Constructors’ Championship winner, race winner, pole position, fastest lap, podium finish, top 10 finish and more.
Can you bet in-play on F1?
Yes, it is possible to bet in-play on F1 races and qualifying sessions. Head over to your betting site’s in-play section whilst the event is ongoing to see the live odds and selections that you can place live bets on.
Why bet on F1?
F1 is already one of the most exhilarating sports in the world and having a bet on the event can add even more excitement, whilst giving you the opportunity to make some money from your pre-race predictions. In-play betting can be especially exciting within F1.