Best F1 Betting Sites & Apps in 2024
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We’re in the midst of the F1 season and there’s still time to place bets at one of the many F1 betting sites. Knowing that Formula 1 has become extremely popular among sports bettors, we sought out to find the best F1 betting sites on the market. In this article, we’ll run through the list of our top F1 sportsbooks and explain how to claim one of the welcome offers to begin your F1 betting journey.
🔥 Top 5 F1 betting sites
Review our table below to see the best F1 betting sites in our eyes, along with the welcome offer provided by each of them. In one of the following sections, we’ll explain our evaluation process in detail.
| Sportsbook | Welcome Offer + Code | Pickswise Rating |
FanDuel | Bet $5, Get $150 in Bonus Bets If Your Bet Wins + 3 Free Months of NBA League Pass 🏈🏈🏈 | 5/5 |
DraftKings | Bet $5, Get $150 in Bonus Bets Instantly 👑👑👑 | 4.9/5 |
Caesars | $1,000 First Bet on Caesars 🔥🔥🔥 | 4.8/5 |
bet365 | Bet $5 and Get $150 in Bonus Bets OR $1,000 Back If Your First Bet Loses 💰💰💰 | 4.7/5 |
BetMGM | $1,500 in First-Bet Protection 🦁🦁🦁 | 4.6/5 |
🏆 F1 betting sites
This section features our analysis of all of the best F1 betting sites. We’ll walk through all of the features that make these sportsbooks so great as well as teach you about the amazing welcome offers available for new customers.
#1 FanDuel F1
The superb mobile app from FanDuel Sportsbook makes it an excellent choice for Formula 1 betting. 👉 CLICK HERE 👈 to start creating an account and see how the user-friendly interface allows for effortless navigation among the various tabs, and the pages load with impressive speed. This feature becomes crucial during live betting when quick actions are essential to place your bets while the race is ongoing. Additionally, FanDuel has built a strong reputation as a secure and trustworthy F1 sportsbook, having been a prominent player in the industry for over a decade.
🎁 FanDuel welcome offer
New customers can claim $150 in bonus bets from a $5 wager. Once your first bet settles, you'll receive your bonus bets so long as you meet the key terms and conditions. There is no odds restriction tied to your qualifying wager, so you can risk $5+ on any bet you'd like. For a limited time FanDuel are also offering 3 months of free NBA League Pass for the start of the new basketball season
❓ Why you should bet with FanDuel
- Bonus bets are guaranteed
- Wide variety of deposit methods
- Daily Same Game Parlays with odds boosts
📍 What states is FanDuel available in?
AZ, CO, CT, IA, IL, IN, KS, KY, LA (permitted parishes only), MA, MD, MI, NC, NJ, NY, OH, PA, TN, VT, VA, WV or WY
#2 DraftKings F1
DraftKings is one of the most popular sportsbooks in the country, so it’s no surprise to see it on our list of best F1 betting sites. Initially, DraftKings became popular as a Daily Fantasy Sports (DFS) company and eventually transitioned into a sportsbook where it increased its notoriety. The sportsbook makes significant investments to maintain the safety and security of all transactions, so your personal information and banking details are safe when you join DraftKings. USE THIS LINK 🔗 to get started right now and claim a valuable welcome offer when you sign up with DraftKings Sportsbook.
🎁 DraftKings welcome offer
New members who sign up for an account with DraftKings Sportsbook can claim $150 in bonus bets from just a $5 first bet, no matter the result of that first wager. You don't even need a DK promo code. After signing up and depositing $5+, you can wager $5 or more on any betting market without worrying if you win or lose, because you'll automatically earn 8 $25 bet credits from DK either way.
❓ Why you should bet with DraftKings
- DFS offerings in addition to sportsbook
- Live-streaming capability
- Strong referral bonus for existing users
📍 What states is DraftKings available in?
AZ, CO, CT, IA, IL, IN, KS, KY, LA, MA, MD, MI, NC, NJ, NY, OH, PA, TN, VA, VT, WV or WY
#3 Caesars F1
Caesars Sportsbook is among our best F1 betting sites largely due to its frequent odds boosts, including odds boosts on Formula 1 races. There are many sportsbooks that offer odds boosts on the major sports, but not all handle F1 with the same level of coverage. For example, there is an odds boost on a parlay for the upcoming Belgian F1 Grand Prix that could lead to a big payout. JOIN CAESARS SPORSBOOK HERE 🔥 and start exploring the F1 betting choices available to you and claim an unmissable welcome package.
🎁 Caesars welcome offer
Caesars is offering first-bet insurance to all new customers who sign up for a new account and place a first deposit of $10+. If your first wager loses, you'll get your wager amount back in a bonus bet worth up to $1,000. Just enter the Caesars promo code at sign-up.
❓ Why you should bet with Caesars
- Fantastic rewards program
- Massive selection of daily odds boosts
- One of the biggest new-user promos of all F1 betting sites
📍 What states is Caesars available in?
AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NJ, NY, OH, TN, VA, WV or WY
#4 Bet365 F1
Bet365 Sportsbook burst onto the sports betting scene a while back and gained much popularity among new bettors due to its great welcome offer. It has since earned its place as one of our best F1 betting sites, primarily due to its competitive odds, the user-friendly nature of its mobile app, and the ability to cash out your wager while the game or race is in progress. Don’t miss out on the opportunity to capture an amazing bet365 welcome deal when you ✍ SIGN UP HERE ✍.
🎁 Bet365 welcome offer
New Bet365 customers can choose between two welcome offers. The first gives $150 in bonus bets from a $5 first wager, whatever its outcome. The second is first-bet insurance worth up to $1,000. You'll get your first bet back in bonuses if it doesn't win, up to the $1,000 maximum.
❓ Why you should bet with bet365
- More than 20 years of industry-leading experience
- Impressive sports coverage and user-friendly platform
- Great welcome offers and ongoing boosts and promotions
📍 What states is bet365 available in?
AZ, CO, IA, IN, KY, LA, NC, NJ, OH and VA
#5 BetMGM F1
Our experts highly commend BetMGM for its extensive selection of betting markets, which includes F1. Known as the ‘King of Sportsbooks’, BetMGM impressively covers markets for races, as well as F1 World Championship Odds. Furthermore, the live betting market provides an excellent opportunity to place bets while the races are underway, adding to the overall appeal of the platform. See for yourself when you CREATE AN ACCOUNT HERE ✨ with BetMGM Sportsbook and claim a mouthwatering starter deal.
🎁 BetMGM welcome offer
BetMGM Sportsbook's new-user promotion gives a $1,500 worth of first-bet protection. Make a first bet up to $1,500, and if that bet loses, you'll get it back in bonus bets.
❓ Why you should bet with BetMGM
- Huge selection of betting markets
- Easy-to-use mobile app
- Rewards program that allows for discounted stays at MGM Resorts in Las Vegas
📍 What states is BetMGM available in?
AZ, IA, IN, KS, KY, LA, MI, NJ, OH, PA, VA, WV or WY
🔢 How we rate F1 sportsbooks
We used several criteria when conducting our review of the best F1 betting sites, most obviously the availability of Formula 1 markets. All of these top F1 sportsbooks offer various markets for F1 betting as well as other sports events! There are many sportsbooks in the industry that offer great betting experiences on the major sports, but not all provide the same level of attention for niche sports such as F1.
All of these best F1 betting sites treat Formula 1 as a popular sport by offering pre-race odds, futures odds and even prop markets. We also looked at the live-betting markets for F1 races and came away impressed with the structure of our list.
✍🏼 How to sign up with a F1 sportsbook online
To join any of our favorite F1 betting sites, follow the guide below. There may be certain differences among each of the F1 betting sites, but they all follow the same general sign-up process.
- Use any of the provided links in this article to sign up with the respective F1 betting site.
- Fill in your details to complete the registration process.
- Pick a username and password for secure access to your account.
- Claim any available new-user promos by following the specified terms and conditions.
- Deposit funds into your account using any of the available deposit methods.
- Place your first bet on F1 and enjoy the race.
🤔 How to choose a sportsbook for F1?
Since Formula 1 is more of a niche sport, F1 bettors are looking for sites that provide the best experience with the most accurate odds. As mentioned earlier, each of our F1 betting sites not only have available odds for F1 races but there are secondary markets as well. For example, many of the F1 betting sites feature a number of futures markets and some even have prop markets available such as the Winning Nationality, Fastest Lap, and Odds for drivers to finish on the podium. You might be surprised at how many markets are available for F1, so be sure to check out all of our best F1 betting sites.
📈 Which F1 betting site provides the best odds?
The F1 betting site with the best odds depends on the market you are wagering on. For example, one F1 sportsbook may have the best odds for a certain driver, while another may have the best price for another market. You’ll also want to check which odds boosts are being provided by the various F1 betting sites, as those could vary significantly. All of the F1 betting sites in our article are great options for Formula 1 betting.
⚖️ Are these F1 sportsbooks legal and legit?
Yes, all of the F1 betting sites featured in this article are completely legitimate and operate within the boundaries of the law wherever sports betting is legal. While the sections above outline the sportsbooks available in particular states, you can view a full list of states offering online sports betting in general below:
- Arizona
- Arkansas
- Colorado
- Connecticut
- Delaware
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Mississippi
- Montana
- Nevada
- New Hampshire
- New Jersey
- New York
- North Carolina
- Ohio
- Oregon
- Pennsylvania
- Rhode Island
- Tennessee
- Vermont
- Virginia
- Washington
- Washington D.C.
- West Virginia
- Wisconsin
- Wyoming
FAQs
Yes, many of our top F1 sportsbooks have the option to live stream select races. The live-streaming functionality may not be available for every race, so check with your F1 betting site for the full list.
The best F1 betting site depends on your preferred betting markets. For example, if you are simply looking to bet on the winner of a race, you’ll obviously want to find the sportsbook that is offering the best odds. However, if you’re looking to bet on F1 prop markets, another sportsbook may have a better selection.
The F1 betting sites we recommend provide users with a diverse range of deposit methods. Popular options such as credit cards, debit cards, and PayPal are commonly accepted. However, we advise users to double-check the comprehensive list of available deposit methods on each individual F1 betting site to guarantee a seamless deposit.