Formula 1 Betting Sites

Formula 1 is a hugely popular sport and so understandably, the demand for Formula 1 betting sites has increased in recent years. In this article, we share the best online bookmakers for F1 betting, review our favourite bookmaker websites, Apps, and online F1 betting bonuses, and explain how to place a bet on Formula 1. We'll also share our top F1 betting tips, explain the various F1 markets out there, and give you a run down of the most important F1 competitions you should know about.

Best Online Bookmakers For F1 Betting

Last updated: 05.6.2023

🥉 Ranked 3rd for Promo Offers

  • Decent range of F1 bet types available
  • Welcome offer - bet £10, get £30 Free bets

18+ Register on the betting site or in the app using the "CHELT40" promo code. Within 7 days after registration, make a debit card deposit and bet at least £10 on a sporting event at odds of 1/1. You will get £40 in Free bets within 10 hours after the qualifying bet settlement. Full T&Cs Apply. BeGambleAware.org

🥈 Ranked 2nd for Promo Offers

  • In play betting available
  • New customers get 2 x £15 Free bets with code H30

18+ Use the promo code R30 to register. You must place a qualifying bet of at least £10 at minimum odds of 1/2 (1.50). You will receive 3 x £10 Free bets after the qualifying bet is settled. Free bets expire 30 days after the qualifying bet is placed. You can't withdraw your Free bets. You can use your Free bets on any sportsbook product (except for tote, pool, and lottery bets). T&Cs Apply. BeGambleAware.org

  • Exciting range of F1 markets
  • New customer offer: Bet £10, get £30 in free bets plus a £10 casino bonus

18+ Register with the bookmaker, make a deposit and place your first bet of £10 or more at odds of 1/2 or greater. 3 x £10 Free bets must be used within 7 days. On top of that, you'll receive another £10 for 888 Casino. Full T&Cs Apply. BeGambleAware.org

  • Wide rings of markets for betting on F1 available
  • New mobile customer offer - bet £10 get £20 Free bets

18+ Download the BoyleSports mobile app, register and make a deposit. Place a qualifying bet of at least £10 with min odds of at 1/1. You'll receive £20 in Free bets. T&Cs Apply. BeGambleAware.org

🥇 Leader in Hi-Tech Features

  • Very wide range of F1 bet types available
  • Sports welcome offer - bet £5 get £30 Free bets

18+ Place your first bet of £10 or more at odds of evens (2.00) or greater. You must do this within 7 days of registering a new account. Get 4 x £5 Free bet stakes: two bonuses can be used on any sports except for horse racing (one should be used in 24 hours, once the qualifying bet is settled), one — for a football match and another one — for a football Bet Builder with 3+ legs. The bonus expires in 7 days. T&Cs Apply. BeGambleAware.org

  • Very good range of F1 markets
  • 50% matched bonus amount up to £50 for new customers

18+ Make a deposit starting from £15. The maximum free bets credited amount is £50. You have to wager the amount of the deposit and reward 8 times. Accounts which funds are paid into by Skrill and Neteller do not qualify for the promotion. The minimum single's odds for wagering are 4/5, and each selection in the accumulator bet must be at odds of 2/5. Full T&Cs Apply. BeGambleAware.org

  • Surprisingly good range of F1 markets available

18+ If you lose money after the first betting day, you will receive 50% of the lost amount up to £35, along with 10 free spins. If you don't lose money at the end of the first day, you will receive £5 and 10 free spins. Free bets must be used within 7 days with min odds of 1/2 and maximum odds of 100/1. T&Cs Apply. BeGambleAware.org

  • Easy to navigate website and app
  • Wide range of F1 markets including qualifiers

🥉 Ranked 3rd for Service Quality

  • In play betting available for F1 racing
  • Huge range of F1 markets including specials
  • New customer offer - bet £5 get £20 in free bets

18+ Register a new Ladbrokes account making a qualifying deposit of £/€5 or more. Place cumulative qualifying bets to a total of £/€5 win or £/€5 each-way at odds totalling 1/2 or greater. You’ll get 4 x £/€5 free bets paid after the qualifying bet settlement. That’s one of the best betting sites free bet offers in the UK. Free bets valid for 7 days only. The free bet must be wagered in full, and can be redeemed on any sportsbook market (excluding tote and pools). T&Cs Apply. BeGambleAware.org

🔥 Leader in UK

  • Easy to navigate website and app
  • Attractive new customer offer - Bet £10, get £50 in Free bets
  • Wide and varied range of F1 markets, with in play betting available

18+ This offer is exclusively for new customers. To qualify, deposit between £5 to £10 and place a bet that contains at least one selection at odds of 1/5 (1.20) or greater within 30 days of registering your account. You will receive 300% of the deposited amount in Bet Credits, up to a maximum of £30 in Bet Credits. You must claim your offer within 30 days of registering your account. T&C’s Apply. BeGambleAware.org

  • Great range of F1 markets available
  • New customers get £10 back in cash if their first bet loses

18+ Register a new betting account with a promo code YSKAMR, deposit £10 or more and place your first qualifying bet of £10. If it loses, the betting site will return it to the main account in cash, not free bets. The transfer will be processed within 1 hour after the qualifying bet settlement as a loser. Full T&Cs Apply. BeGambleAware.org

  • Easy to navigate website and app
  • New customer offer - Bet £5, get a £20 Free bet
  • Huge range of F1 markets, including specials

18+ Register a new online account. Deposit and bet £5 on any sport. (Minimum odds 1/2). As soon as your qualifying bet is settled, Coral will credit your account with 1 x £20 free bet. The promo is not available to customers who use following deposit methods: Prepaid Cards, Moneybookers, Apple Pay, Paypal, Paysafe, Neteller or Skrill. Free bets valid for 7 days after being credited to your betting account, otherwise they will expire. T&Cs Apply. BeGambleAware.org

  • Great range of F1 markets to choose from
  • New customers bet £15 and get a £10 Free bet

18+ Make a £10 deposit and place a £10 qualifying bet to get a £30 Free bet to place with min odds of 1.5. Free bet valid for 7 days, 1x wager the winnings to withdraw. Skrill deposits excluded. Full T&Cs Apply. BeGambleAware.org

  • Easy to navigate website
  • Get a £40 refund if your first bet loses, plus a £10 casino bonus

18+ You get the bonus if your first bet loses. To participate in the promotion you need to place a real money bet of at least £1. The bet placed must be a single at min odds of 2/5 or an accumulator bet with selections at min odds of 2/5 or greater. To withdraw bonus money you need a min wagering 3 times. Additionally, a £10 casino bonus with an x50 wager calculated. T&Cs Apply. BeGambleAware.org

  • 50% matched bonus amount up to £50 for new customers
  • New customers bet £15 and get a £10 Free bet

18+ To get a free bet a beginner must make a deposit and place a bet starting from €15 at odds of 1/1 or greater. The free bet can be used for bets at min odds of 4/5. T&Cs Apply. BeGambleAware.org

Formula 1 Betting Sites Reviews

There are lots of sports betting sites out there where you can bet on Formula 1, but in this section, we'll review our top seven F1 betting sites in more detail.

Coral F1 Betting Review

With Coral, new customers can receive an initial bonus amount of £20, when they deposit and make a qualifying bet of at least £5. Not only that, but Coral have a generous range of F1 betting markets, as well as in play betting options for punters to enjoy. Formula 1 betting is great fun at Coral (when you of course remember to play responsibly). Their user-friendly website and intuitive app make Coral one of the best choices of Formula 1 betting sites.

Coral Welcome Bonus: £20 of Free bets

Coral Welcome Bonus: £20 of Free bets

They advertise "Fast Cars and Fast Prices 24/7" and that is what they deliver. From their Formula One main page you can navigate to either the standard markets for the next upcoming Grand Prix, the "Race Specials", or the Outright Season Long Drivers and Constructors Championships.

Coral F1 betting markets

Coral F1 betting markets

Once you are through to the main upcoming race page you are presented with all there popular odds boosts along the top and the list of divers who the think will win the race outright. Scrolling down brings up further markets such as podium finish, will there be a safety car, etc etc.

Pros:

  • Huge range of F1 markets, including specials and In-play betting.
  • New customer offer - Bet £5, get a £20 Free bet.
  • Easy to navigate website and app.

Cons:

  • No race stats or data.
  • Website looks bland.

BetVictor F1 Betting Site Review

When searching for good Formula 1 betting sites, we look for an easy to navigate website, a great range of F1 betting options and attractive promotions. BetVictor offers all three, and more. Punters will need to do a little searching to find the F1 betting markets, but once they do, there are some exciting options, as well as in play betting markets.

BetVictor Welcome Bonus: £40 of Free bets

BetVictor Welcome Bonus: £40 of Free bets

The main F1 section displays all the Bet Boosts for the upcoming race, highlighting pretty interesting bets compared to simply who will win and at some great odds.

BetVictor Formula One race bet options

BetVictor Formula One race bet options

Bringing up the next F1 race brings you straight to who is going to win the race, which is the most common thing for people to bet on. Helpfully listed in ascending order of their chances of winning you are also helpfully shown the Each Way terms, you will get paid 1/5 of the odds for the place part of the bet if your driver finishes 1st, 2nd, or 3rd.

Pros:

  • New customers get £40 of Free bets when they deposit and bet £10.
  • Wide range of F1 markets including qualifiers, the main race, and In-play betting.
  • Easy to navigate website and app.

Cons:

  • Not always the best odds.

Ladbrokes F1 Betting Review

Ladbrokes have long been a big name in the sports betting world. With in play betting options, free bet credits for new customers and a great range of F1 betting markets, Ladbrokes is a solid choice for fans of Formula 1 betting. Ladbrokes present a range of exciting F1 markets, including race specials and in play betting. Enhanced odds are also available with their Price Boost markets.

Ladbrokes Welcome bonus: £20 of Free bets