Betting on Formula 1

Formula 1 racing has a larger following worldwide. F1's popularity has grown steadily in Europe, not least because of the success of Max Verstappen. With that extra popularity comes extra interest in Formula 1 betting . We would like to tell you more about best F1 bookmakers & odds.

F1 Bookie 2023

How to bet on Formula 1?

Betting on F1 is not difficult. You just have to get the hang of how it works exactly and then you will undoubtedly have a lot of fun with it. Follow the next steps to get started.

1. Choose A Sports Betting Casino

The online gambling sites where players who like to place sports bets like to go are also called sportsbook. This is where you can go to place your bets on F1. All Formula 1 betting sites from our top list are safe and reliable. These casino sites meet all the criteria we have set. You will therefore find plenty of places to bet online here. Test our Formula 1 sites page and find your way to a sportsbook website that caters to all your F1 betting needs.

2. Sign Up To Casino

Registering with an online casino to bet on sports requires a name, email, bank details and birth info. Once a confirmation email or link has been sent and the registration process has been completed, you can proceed to place your first Formula 1 bet.

3. Make Your First Deposit

Many online gambling websites accept credit cards such as Visa and MasterCard, e-wallets such as Brite , Klarna , PayPal , Neteller and Skrill and many other options. Some live betting sites let you make deposits in cryptocurrency such as Bitcoin , Litecoin , Dash and Ethereum . In short, you will always be able to find a method that you can use,

4. Start Betting

Go to the sportsbook platform in your chosen online casino, select the Formula 1 race, the driver, the type of bet, the amount in Euros, and submit your Formula 1 ticket. Now you can maximize all your Formula 1 bets and get the biggest profit!

Odds And Options

There are usually one to three week intervals between Formula 1 Grand Prix events over the course of the F1 season. All these events always take place at a different location. However, the opposite is true for betting on F1. You can always place the bets on the same place and the options for this are always the same. Below you will find some of the common options in this area. We use the English terms for this to keep it clear.

Outright Bet: Formula 1 Grand Prix Race Winner

The most standard bet in Formula 1 is simply a bet on which F1 driver will win the race. There is usually a clear favorite like Lewis Hamilton who might have odds of around -150 to win the race (bet AUD150 to win AUD100) while others in the field like Max Verstappen have odds of +200 (bet AUD100 to win AUD200) to astronomical 5,000-to-1 bets on the massive underdogs.

F1 Podium Finish Bet

A podium finish bet is when a gambler bets that a driver will finish in first, second or third place. It does not matter in which of these three positions the driver finishes. If you place this bet and your driver finishes first, you win your bet. If you place this bet and your driver finishes third, you still win your bet. There are no differences in winnings based on where the driver finishes, as long as the rider finishes in the top three.

F1 Prop Bets

Some sportsbook casinos offer additional options to bet on per race, such as the car that will win the race or the country of origin of the winner. As for the carmaker's success, Ferrari has competed in every world championship and more than 900 Grands Prix since 1950. So this could be a logical choice.

F1 Futures Bets

Futures are bets on which driver or team will be champions at the end of the F1 season. In Formula 1, you can bet on which team you think will win the championship and you can also bet on who you think will win the car manufacturers' championship. The best time to place this bet is prior to the start of the racing season, as some sportsbooks close this option as soon as the first race begins.

Live Betting

Enjoy the thrill of in-play betting on Formula 1, where quick decision making is essential. The difference between live betting on F1 and some other sports is that you are constantly rethinking your judgment on a race. All drivers must pit at least once during a race to change their tyres. Predicting when this might happen is a great way to give yourself an edge in live betting.

Commentators are also very valuable when watching Formula 1 races. Listening to these experts will help you better understand the course of the race. If you want to know when a certain driver is going to stop to pit, you can listen to the drivers' radios. If you think a particular driver is going to pit at the wrong time, this could be the deciding factor in whether or not to bet on him. And on the other hand, this could be the perfect time for a competitor to overtake the driver in question.

F1 Qualifying Betting

F1 qualifying is a three-stage knockout. Depending on the number of cars entered, a group of the slowest drivers will be eliminated in Q1, then another group of the slowest of the remaining drivers will be eliminated again in Q2, leaving 10 cars in Q3 to race for pole position .

Pole position chances are a great prediction market to watch in Formula 1 qualifying. At this point you've had a number of chances to see a driver's performance on track during free practice and should give you a pretty good idea of which driver could potentially win the race.

Frequently Asked Questions