Best Formula 1 Betting Sites in 2023

Are you looking for a top-class F1 betting site? If so, you’ll be glad to know your search is almost over. On this page we reveal the top 7 UK bookies for Formula 1 betting and that’s only the tip of the iceberg.

Not only will you learn where to bet on F1, thanks to our experts you’ll discover how to bet on F1 too. Put yourself in pole position when betting on Formula 1!

Quick Navigation

• 🏆 ➜ back to our list of the best F1 betting sites
• 📈 ➜ learn how to find the best F1 odds
• 🧠 ➜ take a look at our experts' F1 betting advice & tips
• 🏎️ ➜ read up on the best Formula One races to bet on
• ❓ ➜ head straight to our F1 betting FAQs

Recommended F1 Betting Markets

In this section we explain how some of the key F1 betting markets operate. You might be familiar with other motor racing markets , like some of the ones we outlined in our guide to betting on NASCAR. However, there are quite a few betting markets that are exclusively associated with F1 and our risk table below illustrates how likely each one is to generate a profit.

🏎️ Race Winner

This is the market that most F1 betting enthusiasts will be familiar with and it is suitable for punters with varying degrees of experience. For the most part F1 is a predictable sport and unless it rains heavily before or during the race, drivers from the top teams like Mercedes, Ferrari and Red Bull dominate. This is an ideal market for those starting out betting on F1 but professional punters often go big on the F1 race winner market too.

🏎️ Podium Finish

In Formula 1 the top 3 drivers in every race get to stand on the podium afterwards. One of the most popular F1 bets is betting on a driver to achieve a podium finish. This is a less risky option than the race winner market, though the shorter odds reflect that fact. This is a Formula 1 betting market best suited to casual punters who are looking for a safe bet that has an excellent chance of generating a return, even if it will only be a modest one.

🏎️ Fastest Lap

Another interesting F1 betting market where you bet on the driver that you think will have the fastest lap. You can come across the odd surprise, especially when it is raining, so don’t just focus on the top drivers (see more in our expert formula 1 betting advice section). You will find clues in the practice and qualifying sessions as to which cars are showing the best speed and don’t forget to check the weather forecast too. This particular market is best left to those who have lots of experience of watching (and betting on) Formula 1.

🏎️ Pole Position

In Formula 1 the starting grid positions are determined by qualifying sessions. There are three sessions in total and at the driver who sets the fastest lap in the final session (Q3) starts in Pole Position at the front of the grid. This is a mid-risk F1 betting market that has the potential to throw up occasional surprise results. By and large the biggest teams do tend to dominate but if conditions are wet it might be worth your while taking a punt on an outsider who has a good record when the rain is falling.

🏎️ Winning Margin

This is an Over/Under type 3-way market that concerns the race winning margin. It is best left to F1 betting experts in our view. For example, we looked at the F1 2020 odds for the winning margin in the Hungarian Grand Prix on offer from bet365. They had 3 options – ‘Over 8 seconds’, ‘Under 4 seconds’, or ‘Between 4 and 8 seconds inclusive’. It is important to note that you are not betting on who will win the Grand Prix, you are betting on the time the race is won by. Looking back at previous results at the same track should give you an idea of whether the winning margin is likely to be a bigger or smaller one.

How to Find the Best F1 Odds

In this section you will discover exactly how to find the best Formula 1 odds. The top 7 F1 betting sites listed on this page are a great place to start because they all have decent odds for Formula 1. However, some bookies are better on selected markets than others.

The best way to make sure that you are getting the best odds is to contrast and compare the prices on offer from different bookmakers. The F1 betting odds comparison table below* (fastest qualifier) demonstrates the importance of shopping around if you want to find the best odds. And remember, finding the right race is nearly as important as finding the biggest odds and in this section later on we outline the best F1 events to bet on.

Fastest Qualifier Odds Comparison*

	L Hamilton	V Bottas	S Vettel
bet365	1.83	3.00	5.00
Boylesports	1.80	3.00	5.50
bwin	1.85	3.25	4.5
*Table for display purposes only

As the table above shows, bwin had the best odds for 2 of the 3 drivers in this market. Boylesports had the best price about Max Verstappen while bet365 had the second-best price for 2 of the 3 drivers and were joint shortest with Boylesports on Valtteri Bottas.

In this case, bwin were the best option for those interested in backing Hamilton or Bottas. However, they won’t necessarily have the best odds for the race winner, fastest lap or some of the other markets we mention in our F1 markets section. That is why you should always check as many bookies as possible before you have a bet to ensure you get the best odds. 

Live Formula 1 Betting

For us, bet365 is one of the best bookies in the business when it comes to live F1 betting. Firstly, we loved the layout and design of their desktop and mobile sites. The interface makes it really easy to find the market you are looking for, no matter what the sport, and our bet365 live betting review is well worth checking out.

However, it isn’t just about the interface. We were also really impressed with the extensive range of live F1 betting markets available for every Grand Prix during the season. Slick software ensures that odds refresh regularly and placing a live F1 bet only takes a couple of clicks. For those who are fans of F1 live betting, bet365 is an excellent choice. 

Live streaming for F1 Betting

In the UK there are no betting sites that offer Live Formula 1 streaming. The majority of the top 7 F1 betting sites mentioned on this page do have live sports streaming available and the one with the most events is probably bet365 (soccer, horse racing, basketball etc).

If you are going to bet in-play on Formula 1 it is really important that you have access to live pictures. The complexion of a race can change in an instant because of a crash or mechanical fault and those type of events have an instant and dramatic effect on the live odds.

As we mentioned earlier, bet365 have a top notch live betting suite and if you have Sky Sports or Channel 4 you’ll be able to watch the race live on TV and then bet in play on your mobile or desktop devices.

Features of Top F1 Betting Sites

In this section we will outline exactly what makes a high class F1 betting site. There are a number of different characteristics to look out for and we lost some of the most important ones below, including the depth of markets, frequency of promotions and quality of Formula One odds. To find out more, keep on scrolling…

• Range Of Markets:
  As you can see in our F1 betting markets section there are a very good range of options available to F1 punters. If you are signing up with a bookie to bet on Formula 1, make sure they have a wide selection of F1 markets for you to choose from.
• F1 Promotions:
  From time to time certain F1 betting sites will run promotions for some of the biggest Grand Prix. William Hill is one of our favourite sites for betting on F1 and they are well known for running regular promotions and specials. You can read more about them ion our page about bookmaker promotions and offers.
• Odds:
  As we have already discussed in our section on finding the best F1 betting odds, value is hugely important and getting the best price for every bet you place should be your number one priority. If you don’t do this it will directly hit you in the pocket. So, whether you are taking F1 title odds or looking for next Mercedes driver odds, make sure you get the best price!
• Security and Safety:
  Another box you need to tick before you choose a new F1 betting site is whether it is a safe and secure site to use. You can trust the bookies we list on this page as they are all licensed by the UK Gambling Commission (UKGC). If you are looking at signing up with a new bookmaker, always check to see if they are licensed by a reputable authority.

Expert Tips for F1 Betting

So far, most of the advice on this page has concerned information on choosing the best F1 betting site and finding the best odds. Now, we will hopefully help you to unearth more F1 winning bets consistently. Our motor racing analysts reveal some of their expert tips for Formula 1 betting below and if you are serious about making a profit from betting on F1, this section is worthy of your close attention…

• Stats: When you are trying to work out what bet to place on F1 you should always study relevant statistics. The official F1 website has useful stats on each team and driver, including recent results, fastest laps, pit stop summary, starting grid positions and the result of each qualifying session for every Grand Prix during the season.
• Starting Grid: If you are planning on having a bet on the Race winner market or on a driver to get a Podium Finish, you need to check the starting grid. A driver that starts from the front of the grid will have a clear advantage at the start of the race and grid position usually has a massive influence on the final race result.
• Weather Conditions: This is perhaps one of the most influential factors on F1 car and driver performance. Rain puts the emphasis more on driver ability and when it is wet surprise results are more frequent. Some cars work better in hot conditions, others are better in colder weather and tyre selection is crucial too depending on weather conditions. So, always check the weather forecast before you have a bet!
• Track History: If you look back at previous results you will soon see that certain drivers excel on tracks with lots of straights while others are better on tight, turning tracks. For example, Lewis Hamilton has dominated the sport in recent years but he has only won the Australian Grand Prix twice in 13 attempts. That is a poor record in comparison to 7 wins in Canada and Hungary and it suggests that he is often worth opposing Down Under.
• Watch The Race: This might seem like obvious advice but you should always watch the race as you might see some live F1 betting opportunities emerge. For example, if a driver with a decent car is penalised and is near the back of the field, they will be going flat out to try and catch up, taking lots of risks to do so. They could be worth backing to have the fastest lap as the race leader will likely drive conservatively to try and preserve their lead.

Best Formula 1 Events to Bet On

You now know how to find winners thanks to our expert F1 betting top tips and you also know what features make a top-notch Formula 1 betting site. In this section, you will learn about some of the best F1 races to bet on during the season. Everybody has their personal favourite Grand Prix or track but the ones below are unarguably the biggest and best races on the F1 calendar. If you are going to have a bet, we recommend prioritising these races:

Race Name	Track	Country
Monaco Grand Prix	Circuit De Monaco	Monaco
Abu Dhabi Grand Prix	Yas Marina Circuit	United Arab Emirates
British Grand Prix	Silverstone Circuit	United Kingdom
United States Grand Prix	Circuit Of The Americas	United States Of America
Australian Grand Prix	Albert Park Circuit	Australia

Monaco Grand Prix

For most F1 betting fans this is one of the sport’s most iconic races. Set on the spectacular Monaco street circuit, it really is a unique event and one that every single driver is keen to win. The street circuit is a track where driver skill is still really important. The late Brazilian legend Ayrton Senna mastered the Monaco circuit, winning the Monaco Grand Prix 6 times. You can find out more about the history of the Monaco Grand Prix on the official race site.

Abu Dhabi Grand Prix

Since it was introduced in 2009 the Abu Dhabi Grand Prix has grown in popularity with F1 betting fans. It is currently the only day/night race on the F1 calendar, starting under floodlights at 17.00 local time. As we already outlined in our expert F1 advice section, certain tracks suit certain drivers and with more wins in this race than any other driver, Lewis Hamilton clearly enjoys his annual visits to Abu Dhabi.

British Grand Prix

For F1 fans based in the UK this is the Grand Prix that matters. Held at the world-famous Silverstone Circuit, the British Grand Prix has a rich history and is traditionally viewed as the ‘Home Of British Motor Racing’. Lewis Hamilton holds the record for the most wins and it is no surprise that he targets his home race every season. It would be no surprise to see him add to his haul in the years to come.

United States Grand Prix

The home of the USA Grand Prix since 2012 is Texas' Circuit Of The Americas. Hot conditions are common for this race so take that into consideration if you are having a bet. Since it was switched to the Circuit of Americas Mercedes have really dominated. They won all but two of the races held there between 2012-2019 (Lewis Hamilton 5; Valtteri Bottas 1). So, if you are going to bet on the race winner or on a driver to get on the podium, it makes sense to focus on Mercedes drivers.

Australian Grand Prix

The Australian Grand Prix was first held all the way back in 1928. Since 1996 the Albert Park Circuit has hosted the Australian Grand Prix and it is usually one of the first races held during the season. Mercedes and Ferrari have an excellent record in recent seasons, though it is not a favourite track for Lewis Hamilton. He has won less races in Australia than at most other circuits and if you are looking for a winner at decent odds, this race is one of the most likely to produce an upset result.

The Top 7 F1 Betting Sites Up Close

In this section, we get up close and personal with our Top 7 F1 betting sites. You can learn more about each of our bookies in our in depth bookmaker reviews but here we will discuss why the bookies that made our list are an excellent choice for betting on Formula 1.

bet365

As you have already read in our section on live F1 betting, bet365 are one of our favourite bookies for betting on F1. Apart from their excellent live betting suite they have a huge amount of F1 markets and extremely competitive Formula 1 betting odds. You should be able to find all the F1 bets you need at bet365 and they are more than worthy of their place on our list.

Betfair

With up to 16 different pre-race F1 betting markets, including all the ones we covered in our F1 markets section, Betfair is one of our go to F1 bookies. Betfair Formula 1 coverage is second to none and you might even come across the occasional Betfair F1 promotion. Their Formula 1 betting odds are top of the class too. When it comes to Grand Prix betting, Betfair are definitely near the top of the grid.

William Hill

This is one of the most famous sports betting sites in the UK thanks to their high street presence. The online experience is a positive one too with William Hill, especially when betting on Formula 1. They have a respectable selection of pre-race and outright markets and their F1 championship betting odds were on a par with most of their rivals. If you do sign up, keep an eye out for William Hill F1 betting promotions too.

888sport

The area where 888sport really stand out for F1 betting is the extensive selection of markets they have. You can pick and choose from over 30 different markets for each Grand Prix and they even have 13 different markets for the first Free Practice session. No other bookie comes close to the range of markets on offer at 888sport and they are a perfect choice for serious F1 punters.

Unibet

Unibet don’t quite have as many F1 pre-race betting markets as Betfair or bet365 but they are amongst the best as far as Formula One odds are concerned. We discussed the importance of finding the best  F1 odds earlier on.  For example, if you are looking for F1 drivers championship odds, you can usually rely on Unibet to be very competitive with their prices. If you are only starting out on your F1 betting journey, Unibet is a sensible choice.

Boylesports

Just like Unibet, Boylesports do not have quite the same amount of pre-race markets available for each Grand Prix. You have up to 9 markets to choose from and all the most important ones are there, like race winner, podium/points/top 6 finish and fastest lap/qualifier. Live F1 betting is on the menu at Boylesports too and it is an excellent all rounder for betting on Formula 1.

bwin

Perhaps the least well known F1 betting site on our list, bwin are still well worth considering for Formula 1 punters. They have a more than decent selection of markets and bwin usually form special F1 markets that you won’t find at any other bookies for every race. For example, ‘Will Hamilton and Verstappen finish in the Top 2’ or ‘Will one or both of Vettel and Leclerc finish in the top 3’. If you are looking for something a little different when betting on F1, bwin fits the bill.

F1 Betting FAQs