Formula One or as it is also known as F1 represents the highest class of international racing. As you may know, it is intended for open-wheel single-seater formula racing cars from the engine manufacturers Ferrari, Mercedes, Renault, and Honda RBPT. The origin of the F1 leads back to the 1920s and 1930s Grand Prix motor racing of the European Championship. Of course, a lot has changed in F1 since then. That is why it is better to follow our F1 betting instructions for placing some kart racing wagers. Let’s start with the reveal of the best F1 betting sites.
Top 5 F1 Betting Sites
Although there are plenty of F1 bookies in the United Kingdom, it is hard to choose because sometimes the abundance may be confusing. It might take quite a lot of time to find a licensed and reputable bookmaker with reasonable terms and conditions, plenty of sports categories and markets, and competitive odds. If you want to save some time from roaming the sports betting sites, have a look at our recommendations. We know that F1 fans also like motorsport betting on MotoGP, Superbikes, or Speedway and that is why we have looked out for bookies where this is possible.
Leovegas F1 Betting
LeoVegas is considered the best betting site for many sports. Launched in 2011, this operator has been in the industry for more than a decade and during these years it has won numerous awards for both casino and sports betting services. Formula 1 is one of its sports categories which can be found in the sportsbook consisting of 36 global sports.
Betfred F1 Betting
Betfred is one of the bookmakers that almost every UK resident has heard of. Founded in 1967, today the brand has over 1,000 points on the island. Being in the market for so long, Betfred know that they have to offer their customers as much as possible in a wide variety of sports. Therefore, do not doubt that Formula 1 is part of the sports book, and with a lot of markets.
BetVictor F1 Betting
If you think that Betfred is the oldest bookmaker hosting Formula 1 that we can recommend, you are wrong. BetVictor has been part of the British gaming market since 1946. It has 31 categories in its catalogue, live streaming services, in-play betting and cashing out options and F1 Betting Odds that could beat all high street prices. Besides, there is a mobile app that can be downloaded from Google Play or Apple App Store.
Betway F1 Betting
Betway cannot boast the experience of Betfred and BetVictor, but it is a widely recognized award-winning betting site among the British. The gambling company hosts 31 sports categories, including Formula 1. For each of them, services such as in-play betting, boosters, sim-game multi or the so-called bet builder are possible, as well as joining the Free Bet Club.
888sport F1 Betting
Established in 2008, 888sport is considered one of the best new UK betting sites. For less than two decades it has turned into a widely popular bookmaker which is gradually becoming global. This operator has 32 categories in its sportsbook and betting on F1 is among the options since them and 888sport has markets and odds for all Grand Prix races.
Formula 1 Live Betting
Live betting is a relatively new option in the gambling industry. Even though it became popular quickly. Now, more and more bettors look for its presence in the betting sites. All of the aforementioned bookmakers have live betting services. Generally, in-play betting gives punters more markets to bet on and the opportunity to monitor the Formula 1 race and react when the flow is changing. If live betting is combined, live streaming is much better because you can watch the race on the bookmaker’s site.
Formula 1 Competitions
There are numerous Formula 1 races. But when it comes to naming one main race you can bet on, it is the Formula 1 Championship. It consists of a series of races around the world for which drivers are awarded points based on where they finish the race. In the list below, you will find some of the races that can be watched during the F1 season as well as the most popular one in Monza.
- Italian Grand Prix
- Monaco Grand Prix
- British Grand Prix
- French Grand Prix
- Hungarian Grand Prix
- Spanish Grand Prix
- Japanese Grand Prix
- Singapore Grand Prix
- Belgium Grand Prix
- Australian Grand Prix
- Chinese Grand Prix
- Brazilian Grand Prix
- Abu Dhabi Grand Prix
Popular Formula One Betting Markets Explained
If you are new in Formula 1 betting, have a look at our short list of the most popular markets and their explanations.
- Race Winner – the pilot who you think will win the race
- Championship Winner – who is going to win the championship
- The Fastest Lap – this is a “mini” competition during the race the winning of which gives additional point to the pilot that get the quickest lap run
- Podium Finish – a wager on a particular player that is expected to finish first, second, or third
- The Best Constructor – betting on the season’s best car constructor
- Winner’s Nationality – a stake on the nationality of the winner pilot
Formula 1 Betting Strategies
Each player strives to build his own betting strategies. Whatever skills you develop, you must remember that strategies do not guarantee a winning bet, but rather slightly increase the chance that it will be winning. Here are our F1 betting tips:
- Take the time to familiarize yourself with the sport.
- Read F1 predictions so as to do forecast betting.
- Get informed who are the petrolheads that will participate in the race.
- Keep in mind that every next pit stop means 0.3 seconds loss.
- Do not bet more than what is affordable for you to lose.
Formula 1 is the most-watched car race in Europe and Asia, with races held on the territory of five continents. If you are passionate about F1 and want to bet on which driver will win, the bookmakers we have recommended offer high odds, multiple markets, and live streaming services.