UK’s Best F1 Betting Sites 2024

Lee Bassin

Betting Expert

Updated: 15 September 2023

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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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[1129,1148,1131,1133,1142,1144,1146,1150,1152]

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#1 UK BOOKMAKER FOR F1

Bet £10 & Get £30 in Free Bets for new customers at bet365

02/03/22

Bet £10 & Get £30 in Free Bets for new customers at bet365

• All feature races eligible
• Applies to win and each-way bets
• Available to new and existing customers

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Registration required. Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement of qualifying bets. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.

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These Open Account Offer Terms and Conditions apply to new customers who open an account from 12:00 UK Time on 2nd March 2023.
How the offer works:
Sign up, make a qualifying deposit and then claim the offer. If you deposit between £5 and £10 you will receive three times that value in Free Bets, upon settlement of qualifying bets. For example, if you make a qualifying deposit of £5, you will be able to release £15 in Free Bets or if you make a qualifying deposit of £10 or more, you will be able to release £30 in Free Bets. To release your Free Bets, place a qualifying bet(s) to the value of your qualifying deposit and allow the bet(s) to settle. Bets must be placed from your deposited funds to count towards the release of Free Bets. Once your qualifying bet(s) has settled, you can use your Free Bets by selecting 'Use Bet Credits' in the bet slip. Once you have met the qualifying conditions, you can use your Bet Credits to stake bets without risking your own cash. Bet Credits can be used on any sport across a wide range of markets. Any returns from bets placed with Bet Credits are added to your Withdrawable Balance, returns exclude your Bet Credits stake. You can also fund a bet with a combination of Bet Credits and cash.

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22/03/22

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#ad. 18+ Min deposit £10 • A qualifying bet is a ‘real money’ stake of at least £10 • Min odds 1/2 (1.50) • Free Bets credited upon qualifying bet settlement and expire after 7 days • Free Bet stakes not included in returns • Casino Bonus must be claimed within 7 days and expires after 14 days • Bonus valid on selected Casino games only • Bonus wins capped at £500, excluding Jackpot wins • You must wager Bonus amount x40 – this requirement varies by game. Full T&C’s apply. BeGambleAware

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Max £20 refund on first bet. Bet must be placed in first 7 days of account opening. Payment restrictions apply for the promotion. T&Cs

Min Deposit £5

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The offer's open to new customers, aged 18 or over, in the United Kingdom and the Republic of Ireland using promo code VAL225. Deposit using a Debit Card or ApplePay. Place a qualifying bet of maximum £20, within 7 days of account opening. Your bet must settle in this period too. If your bet loses, we will refund your stake in cash, up to a maximum of £20. Refund will be processed within 72 hours after your bet has settled.

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Website:Betfair

Owner:PPB Counterparty Services Limited

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23/03/21

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Place a bet of £5 within 14 days of signing up at Coral and claim £20 worth of free bets (4x £5 tokens). Minimum odds of 1/2, free bets are valid for 7 days, with stakes not being returned. PayPal and some other payment methods are excluded.

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Sign up today and place a £5 on any sport and Coral will give you an instant £20 in free bets. Open a new online, mobile or telephone account with Coral. Deposit and bet £5 on any sport. Coral will give you an instant four x £5 free bets. Your account will be topped up automatically as soon as you place your bet. All Coral ask is that you choose a sport market at odds of 1/2 (1.5) or bigger.

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New customers only. Place your FIRST bet on any Football market and if it loses we will refund your stake in CASH. Max refund for this offer is £20. Only deposits made using cards will qualify for this promotion. T&Cs apply.

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Open a new account using promo code YSKWDX Deposit a minimum of £10 using cards Place a Sportsbook bet on Football. For the purposes of this promotion, your first ever settled bet will be counted as the qualifying bet. Qualifying requirements must be completed within 90 days of account opening. If your qualifying bet is settled as a loser we will refund you stake in CASH Maximum refund is £20.

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#ad. 18+. Play Safe. 3x £10 free bets. Free bets expire after 30 days. New customers signing up through mobile or tablet device only. Minimum £10 stake on odds of 1/2 (1.5) or greater on sportsbook (excluding Virtual markets). Further terms apply. begambleaware.org

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Sign up using H30 in the Promo Code section. Once registered, place a £10/€10 bet (at odds of 1/2 (1.5) or greater). Once the qualifying bet has settled, to access your free bet add a new selection to your bet slip. The free bets will be available in the Rewards section. Free bets will be paid as 2 x £15/€15 denominations once the first qualifying bet has been settled; free bets will expire 30 days after the qualifying bet is placed. This Promotion is not available to new accounts depositing funds with Paypal, Neosurf, Paysafe, Neteller, Skrill, ecoPayz, Kalibra/Postpay, William Hill PLUS Card;

Money Back As a Bonus Up To £40, if your 1st bet loses + £10 Casino Bonus

11/11/21

Money Back As a Bonus Up To £40, if your 1st bet loses + £10 Casino Bonus

• Daily horse racing price boosts
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18+ begambleaware.org. New customers only. Min deposit £10. Money back as bonus if first bet loses. Wagering requirements: sportsbook 3x at min. odds of 1.40 (2/5), casino 50x. Unless forfeited the sportsbook bonus must be wagered before using the casino bonus. Bonus expires 7 days after opt-in. No deposit required for NI customers. Call 08081699314 to claim. Full T&Cs apply.

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Place a sports bet of minimum £1 with odds 2/5 (1.40) or greater. Each leg of a multiple bet must be over 2/5 (1.40) for the bet to qualify. Bets placed on horse racing, greyhound racing, trotting and/or virtual sports will not qualify for the money back as bonus offer. If your first sports bet wins, you have completed the bonus, you will receive your winnings and your stake. If your first sports bet loses, you will receive your stake back up to a maximum of £40 in bonus money. If you received £40 bonus money you need to bet £120 to complete the bonus conditions.

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*New UK customers only. This offer is valid for 7 days from your new account being registered. Min Deposit: £5. Maximum Free Bet: £30. First bet on a Football or Horse Racing multiple with 3+ selections. Overall odds: 3.00 (2/1) or higher. Free Bets available upon settlement of the qualifying bet. Debit card deposits only (exclusions apply). Free Bet expires 7 days after credited. 18+. BeGambleAware.org. Bet The Responsible Way. Full terms apply.

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This offer is only valid to New Customers who reside in the United Kingdom.
Min stake: £5.
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Bet £5 Get £20 in Free Bets

21/03/21

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Receive £20 worth of free bets (4x £5 tokens) when you sign up and stake £5+ on sports markets at Ladbrokes. Free bets are valid for 7 days, with stakes not being returned, while deposits made using prepaid cards, Moneybookers, Paypal, Paysafe, Neteller or Skrill will not qualify.

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To claim this Sports Promotion, you must register a NEW account, making a deposit of £/€5 or more and the first bet on your account must be a Qualifying Bet/s. If you don’t follow these steps the free bets will not be applied to your account. 7. The Qualifying bet/s will be made of a real money sports bet of at least £/€5 win or cumulative stakes of up to £/€5 , at fractional odds totalling 1/2 or greater. For a single line accumulator bet, each individual selection of the bet must at fractional odds of 1/2 or greater to be deemed a Qualifying Bet. Please note that only the win parts of win/each-way bets will qualify.

How we rank F1 betting sites

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.

Popular Formula 1 Betting Markets

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.

Fastest Qualifier
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.

Fastest Lap
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.

Podium Finish
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.

How to Succeed at F1 Betting

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.

Information

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.

Stats 

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.

Drivers

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?

Constructors/Engines

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.

Qualifying 

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 

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.

F1 Calendar 2020

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.

Bottom Line

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.

FAQ

Lee Bassin

Betting Expert

Sports betting expert Lee joined SafeBettingSites in 2021 as a Betting Writer, having studied Broadcast Journalism at University and worked as a TV Producer, Director and Writer for over 20 years. He has created written and video content for some of the biggest names in sport including Nike, Adidas, PUMA, Red Bull and NFL. He has also worked as a sports and betting writer for Planet Sport, Odds Manager and one of the biggest sports websites in the UK, sportinglife.com. He’s a keen sports bettor with an excellent knowledge of most sports and a particular love of boxing, football, golf and NFL. Lee also has wide-ranging expertise when it comes to betting strategy, sporting markets, spread betting and exchange betting.

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