Approximately 600 million people globally watch F1, with a significant number of them taking pleasure in placing bets on the Formula 1 and using their knowledge to lock in best odds for F1.
If you have a qualifying bet, race winner bet or constructor’s championship bet, then you have ensured that one of the most enthralling games to place bet upon will be even more interesting. Lean back and enjoy the high octane action as your betting picks make their way around the circuit.
Be sure that by checking out the sites listed in our table below, you are joining among the best bookmakers for all your F1 betting needs.
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Every single site listed on these pages has been vetted for outstanding odds. However, they also need to meet several other vital criteria before we recommend them.
It is completely pointless to find brilliant F1 odds and then discover that you cannot withdraw your winnings or the bookie isn’t licensed.
When choosing an online bookie, consider security levels, promotional offers, F1 betting markets, customer service standards and most importantly licensing.
Let us examine them each to see what is necessary to be ascertained.
Security Features
Do not forget to ensure that the online betting website you decide to use protects your money and personal details from unauthorized access. We only suggest sites which have been confirmed as using cutting edge security programs. In other words, your funds and information will be handled with the same level of security as those in a bank account would be.
Promotional Offers
Numerous betting sites will offer clients new to the site specific bonus deals such as increasing their first deposit with extra cash or giving away free bets. Check if they can also avail loyalty premiums for usual gamblers or reward points with every bet that could be exchanged for money. In order to prevent players from claiming bonuses and withdrawing them immediately, there are conditions attached. However, make sure you go through them before subscribing to any offer.
F1 Betting Markets
We would like to be able to place various bets on every possible F1 outcome. As much as some of the bookies limit themselves to overall championship results and next race results, search for a site that allows you to bet on qualifying, podium finishers, winning margin, first driver to retire among others. The more bets you have, the better your excitement will be over one race or even a weekend or year in total. Find spread betting opportunities or try head-to-head betting ones.
Customer Service
Are you able to contact anyone at the bookie whenever you wish? The best online bookmakers will have several ways through which customers can reach them including: email, telephone or even through live chats where they will be directly linked to a staff. These people are present and ready to assist you in every way possible including helping you create an account, fund your account, withdrawing your winning or finding the best F1 betting markets.
Licensed Bookmakers
To be an online bookmaker, every one must have a license. No security will be offered in case of no licence on some issues like loss of prize money or worse even data breaching. This is why you should place your bets only on platforms that are licensed by a well-known body which they usually display proudly. First check if it’s licensed by the UK Gambling Commission, Malta Gaming Authority or some other nationally accepted body.
Brand Reputation
We just recommend the safest gambling sites approved by national authorities such as UKGC. To ensure quality and reliability, we filter out scam operators. A bookie with a track record of delayed payments or non-existent customer service would never receive our stamp of approval.
An Overview of F1 Betting
Formula One World Championship organized by FIA commenced in 1950 and has become the most distinguished and widely followed motorsport globally. The Most Common Bet Is Simply Predicting F1 Winners, However, Majority of Betting Sites Have Many More Wagers Available.
In today’s world you can find lots of sites that will allow you to make predictions on such things as who will be the fastest, who will get points and all other possible occurrences during racing competition. If one wants to maximize his/her returns from F1 championship gambling, it is worth examining different betting markets provided by bookmakers.
When making an F1 betting decision, there are many things to consider. For instance, it is important to know how each team and driver has been performing this season, the state of the truck, as well as different teams coping with every track they go through and finally weather forecasts.
In addition to the actual ninety minutes of a race, there are also some other considerations for punters who are analyzing how the whole weekend will unfold over pre-qualifying, qualifying and the race itself. Always remember to check out the form and statistics of every team and driver. You should remember that some teams perform better on certain tracks or in some weather conditions as compared to others.
How to Bet on the Top F1 Markets
As a rule, the majority of online bookmakers allow you to wager on who will win the F1 drivers’ championship, which is considered important for constructors, or which race team will accrue the most points over the year. Furthermore, some bookies also have betting markets open for qualifying in each forthcoming grand prix.
The possible F1 betting markets will usually be listed on the online bookmakers in the order of popularity so that one can easily tell what everyone else is betting on. The next race in the F1 calendar will also be prominently featured, plus you’ll have an opportunity to stake on outright winners of the divers and constructors’ championships for this season.
When you sign up and deposit money at a trustworthy online bookie, all you have to do is go to the list of sports and click on F1. If you would like to bet on any F1 market, all you have to do is select it with one click and see the odds for each possible outcome.
Opt whichever you want to wager on and it will be added in your bet slip. To stake, just decide the amount and wait for the race to start!
F1 Betting Odds and Where to Find the Best Ones
Betting odds are typically expressed in fractions. It merely means the amount you would earn in relation to what you bet. In other words, if the F1 betting event has a 2/1 odd, it implies that for every one unit you stake and win the bet with, two units would be won by you. For instance, at 10/1, for each single wagered unit, ten can be returned on winning among others.
Just take this test. How much could one get for staking on Lewis Hamilton having the fastest lap in a race at odds of 11/4?
The outcomes could be summed up as follows: win by a ratio of £11 for every £4 placed. Then the initial amount staked is refunded, ultimately giving a total gain of £15.
The first figure of the fraction is smaller than the second one; 8 out of 11 for instance this signifies that you are going to make a loss. However, even if you lose your stake, at least it will be returned to you.
The best F1 odds are just about finding the best winning amount that can be stake from our recommended sports betting sites.
The odds will only change slightly from website to website and some might have better odds on certain bets but worse on others. However, all of these online bookmakers are very generous when it comes to giving you returns on your F1 bets.
Some Quick Tips and F1 Betting Strategies
But notwithstanding the fact that some teams or drivers usually dominate a Formula One season, it’s not always obvious before a season begins.
So many things matter in the result of a race or maybe a season in F1. Nevertheless, choosing from the four constructors (each with two drivers) or top eight drivers, it is highly likely that any one of these groups will win most of the races and as a result win the championship.
Complete outsiders, though offering massive odds, should not seduce you into betting on them because they may seem to give hundreds of pounds for every pound wagered at one time but these odds are well-thought reason against this.
Although talented racers such as Ayrton Senna and Fangio have won races against all expectations, it’s very rare and only because of their extraordinary abilities.
Consequently, punt only on the events with a fair amount of possibility of any outcome you choose. Towards the end of the season, it could be apparent who will win the championship or which team that has collected more points. It may be worth wagering on them; however, do not expect to get favorable odds in such cases.
Ready to Bet on F1?
Therefore, all sites here are fully licensed and regulated. Once you join any of them, you will be guaranteed fair play, the best odds, rewarding bonus deals and a high level of customer support always.
Our number one recommended site welcomes you to join it and in a matter of minutes, you will be making your initial Formula 1 bets.