Formula 1 may not have the rich betting history of a more mainstream sport like football, but with the online betting world now covering anything and everything, the motor sport is growing in popularity amongst punters. Thanks to more and more bookmakers offering odds, many a fan now enjoys a bet while watching the big race on a Sunday.
Much like we’ve done with football betting sites, we’ve compiled a list of the top 10 F1 betting sites, so that punters have an easier time of choosing the best F1 betting odds and who to place their big race bets with.
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There are numerous things to consider when aiming to rank the best betting sites available to Formula 1 punters. Below is a breakdown of our primary criteria.
There are several betting markets when it comes to F1. Below are some of the most popular. Conveniently, F1 is one of the more self explanatory sports when it comes to betting, so most bet type can be understood instantly, though brief explanations have been included.
Race Winner (referred to often as ‘To Win Outright’)
One of the most self explanatory markets that F1 betting sites offer, ‘Race Winner’ is where F1 punters bet on which driver will win the race. So, if we bet on Lewis Hamilton to win the British GP, then the six-time world champion must cross the line in first position for us to get a return.
This where punters can bet on which driver will come through qualification the fastest. In order for the bet to be deemed a winner, the selected driver must finish the qualification process with the fastest time.
Another speed related bet offered by F1 betting sites is ‘Fastest Lap’. When it comes to race day, F1 punters can bet on which driver will have the fastest lap. Once the race is finished, the selected driver must have produced the fast lap of all for a financial return to be obtained.
Top 6 Finish
‘Top 6 Finish’ allows punters to bet on a driver to finish inside the top six places. In order to win, the selected driver must fill one of the first six places at the end of the race.
This market allows punters to bet on a driver to make the podium. For punters to see a return, their selected driver must finish in either 1st, 2nd or 3rd.
Safety Car Appearance
As the name of the market suggests, ‘Safety Car Appearance’ allows F1 bettors to bet on whether the safety can will or will not make it out onto the track at some point during the race.
First Constructor Retirement
This market allows F1 bettors to select which constructor will be the first to have one of their cars retire from the race, whether through a crash or a car failure. In order to win, the punter must select the constructor that retires first.
As is the case with many sports, betting on Formula 1 can be a great way to enhance the viewing experience, though there are those who’d like to take it more seriously. If you are keen to adopt a more serious approach then here are a few pointers that should nudge you in the right direction.
Fortunately, we are living in an age where there is no shortage of information, even if finding the right information often takes some finding. If you’re serious about betting on anything, but particularly F1, then harnessing the information available is key. There are lots of news sites out there that allow you to keep up to date with what’s going on, while there are also lots of expert opinions that can be found in content such as race previews. Find experts that produce good content, keep up to date with what they have to say and learn from them.
Again, we’re living an age of statistics. All manner of stats can be found in all manner of places. For F1 there are sites out there that offer great stats, so use them. Knowing that stats can help F1 punters to build a basis, from where they can start to think about predictions, F1 betting odds, and how to spot value in the market.
Knowing each of the drivers and how well they’re doing at present isn’t enough. If you’re serious about having a crack at F1 betting, then you must have detailed information about each driver. What are their track preferences? Have they previously performed well under certain conditions and poorly under others? Are they suited to the upcoming race? How do they perform in certain weather conditions?
Similarly, knowledge of the constructors and engines is a must. F1 cars perform in a variety of ways in various circumstances. Knowing how certain cars perform at certain venues, on certain track types, under certain weather conditions can help to give you an edge. Obviously, things change each season, which makes it tough at the start of the season, but as the season rolls on, punters can start to build up a portfolio of the above info, which can start to help yield betting results.
Paying attention during qualifying is also something that those looking to be on F1 should be doing. Some qualifying sessions won’t be very telling, but observing other qualifying sessions may just allow you to pick up some useful nuggets of information that can help to inform betting decisions.
Weather is key. Many races have been greatly influenced by changing weather or unexpected weather conditions. Knowing what the weather is likely to do can give punters an important advantage, while knowing driver/car weather preferences, punters can make clever in-play betting decisions should their be a sudden change of weather, which in some countries, happens regularly.
Due to the effects of COVID-19, we’ve seen revised schedules throughout the sporting world. Formula 1 is no different. Below is the new schedule (at the time of writing) for the remainder of the 2020 season.
After understanding the basics, betting on F1 can be an excellent way to inject more fun into the race-day experience, while it can also become a more serious pursuit. F1 offers a host of possibilities from a betting perspective, though it is important to learn plenty before diving in. We recommend using only those sites that are both safe and trusted. Each of the F1 betting sites in our list above check both of those boxes, while they are the best out there in terms of odds, markets, free bets bonuses and features.
The Formula 1 GP (the race itself) always takes place on a Sunday. The time varies depending on the country of the race.
Of the 20 drivers that start a race, the top 10 score points. The race winner earns 25 points, whoever finishes 2nd earns 18. The numbers of points awarded then go down accordingly until the 10th placed driver, who is awarded a single point.
Pole position is the first starting place ahead of a race. The driver who achieves the fastest lap in qualifying will be rewarded with starting the furthers forward in pole position come race day.
Nowadays, there are several F1 betting sites, the best of which are detailed in our top 10.
Unless a bookmaker is running a special promotion, then it is commonplace for a bet on a driver who crashes/retires from the race to be deemed a losing one.
Freelance sports betting writer, focusing primarily on football in the form of match previews and betting strategy. Over the last few years, Bradley has written for numerous publications, including popular UK newspaper Racing & Football Outlook.
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