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Best Formula 1 Betting Sites – Top 6

Last Updated: April 15, 2020

Formula 1I’ve put together a guide to the best Formula 1 bookmakers on this page.

The sport has ballooned in popularity of late and is seeing more and more gambling action. The result… more bookmakers offering punters the chance to bet on Formula One. I’ve researched the best bookies around and constructed a comparison table below. I’ve also done mini reviews for my top choices under that.

See the table below to find the best F1 markets, odds and bonuses:

Top F1 Betting Sites

Up to £100 in bet credits
Open Account Offer. Up to £100 in Bet Credits for new customers at bet365. Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits & T&Cs apply.
Bet £5 get £30
18+ New Customers only. Deposit, opt in and place a £5 qualifying bet at odds of 2.00 or greater within 7 days of opening a new account; excludes cashed out bets. Receive 2x £10 Free Sports Bets, valid on set events only at odds 2.00 or greater, expires in 7 days.  Plus a £10 Game Show Bonus, selected games, wager 40x to withdraw a max of £250. PayPal and Card Payments only. Geographical Restrictions and T&Cs Apply. Please Gamble Responsibly.
William Hill
Bet £10 get £30
New customers using Promo Code P30 only, min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15 (30 days expiry), free bet/payment method/player/country restrictions apply. T&C's apply.
Bet £5 get £20
18+ Eligible UK+IRE players. Paypal & some deposit & bet types excl. Min first £5 bet within 14 days of account reg at min odds 1/2 = 4x £5 free bets. Free bets valid for 7 days, stake not returned. No cashout, restrictions + T&Cs apply.
Bet £10 get £30 + 60 spins
New UK & NI customers only. promo code ‘SPORTS60’. Deposit & place first sports bet of £10+ in one bet transaction, at odds of Evens (2.0) +. settled within 60 days. First bet must be on Sports. £30 in Free Bets credited within 48 hours of bet settlement, 7-day expiry. Payment restrictions apply. SMS validation may be required. Max 60 Free Spins on Justice League Comics. 7-day expiry. Full T&Cs apply.
Paddy Power
£20 risk free bet
New customers only, limited to one per person. If you’ve previously had a Paddy Power account, you will not qualify for the offer. Place your FIRST bet on any Sportsbook market and if it loses we will refund your stake in CASH. Max refund for this offer is £20. Only deposits made using Cards or Paypal will qualify for this promotion. T&Cs apply.

Latest F1 Grand Prix Odds

Sakhir Grand Prix

Max Verstappen
Valtteri Bottas
George Russell
Sergio Perez
Alexander Albon
Carlos Sainz
Lando Norris
Daniel Ricciardo
Pierre Gasly
Lance Stroll
Esteban Ocon
Daniil Kvyat
Charles Leclerc
Sebastian Vettel
Kimi Raikkonen
Antonio Giovinazzi
Kevin Magnussen
Pietro Fittipaldi
Nicholas Latifi
Jack Aitken

Formula 1 Bookmaker Reviews

As informative as the above table is, to offer any punters who might be looking to bet on Formula One a little more help, we’ve also gone one step farther and pinpointed our choice of the three best Formula One betting sites. You’ll find those sites listed below, along with our brief reviews of the betting service they provide for Formula One fans who want to have a flutter on the high octane action.

#1 for F1 – Betvictor

BetvictorTaking the chequered flag when it comes to the race to be the best online bookmaker for F1 is popular bookmaker Betvictor, who provide what is unquestionably an outstanding service for petrol heads who also like a bet.

Offering odds on any and every Formula One race throughout the season, Betvictor also provide the widest range of different markets for those races that you’re likely to find anywhere. Alongside being able to bet on your chosen race winner, Betvictor allow you to be on who will get the fastest lap, whether there will be a safety car, what the final winning margin will be and loads of other things besides.

Season outrights such as the winner of both the drivers’ and the constructors’ championships are also easy to back through Betvictor, thanks to the intuitive and user-friendly Formula One section of their website. That section, for instance, lets you select a bet for a specific driver through a handy drop down tool or to browse in traditional fashion through the available markets.

Bet £5 get £30 at Betvictor!

New customers only, 18+, T&C's apply.

#2 for Formula 1 – William Hill

William HillPerhaps appropriately for a bookmaker whose name combines a world famous Formula One team and the surname of one of Britain’s greatest drivers, William Hill also ranks as one of the very best Formula One betting sites around.

Whilst they do not have a specific Formula One section of their website, William Hill’s motor racing page is very much Formula One centred and presents punters with a great array of options for betting on the sport.

For each Formula One race, William Hill offer a superb selection of markets including race winner, fastest qualifier, number of classified finishers and the first retirement of the race, and also allow bets on both the driver’s and the constructors’ championships.

Bet £10 get £30 free bet at Will Hill!

New customers only, 18+, T&C's apply.

#3 for Formula One – Coral

CoralAnother bookmaker which is trustworthy, reliable and popular across the board, it should come as little surprise that Coral also excel when it comes to the options and benefits they offer to Formula One betting fans.

A Formula One specific section of the Coral can be accessed through their main motor sports page and in that section punters can find markets for the overall Formula One season and whichever the next upcoming race is.

For each of those races, the bookmaker offer a very respectable selection of different markets which cater for almost any wager a punter could think of. Beyond the simple race winner and podium finish alternatives, for example, Coral also let their customers bet on whether both of a constructor’s cars will finish in the points, what the nationality of the race winner will be and whether a particular driver will finish at all.

Bet £5 get £20 free bet at Coral!

New customers only, 18+, T&C's apply.

F1 Bets FAQ

In the above reviews we have mentioned a few of the different markets which our trio of the top Formula One betting sites make available to bet on. If you’re a little sketchy as to what those markets are, however, or simply need a refresher on some of the most popular Formula One bet types all you need do is to read on.

Race Winner – The simplest and most popular of all Formula One bet types, the race winner market allows punters to bet on who they believe will see the chequered flag first. As is the case with race winner markets in most sports, this type of bet can also sometimes be subject to each-way terms which usually refer to first and second place.

Podium Finish – If you believe a driver will have a good race but aren’t sure they’ll win outright, a podium finish bet lets you put money on them finishing anywhere in the top three. Unlike an each-way race winner bet, a podium finish wager will pay out the same amount regardless of which step of the podium your chosen driver steps onto.

Fastest Qualifier – As well as letting you bet on the race itself, most bookmakers also give you the chance to back a driver to grab pole position on a Saturday. In the same vein as the race winner market, fastest qualifier bets can also generally be placed as each-way wagers if desired.

First Retirement – A type of bet focussed on drivers who have a bad race rather than those who excel, punters who place a first retirement wager will be hoping that their selection covers as little of the race distance as possible.

Fastest Lap – Affected not a jot by where a driver ultimately finishes in a race, a fastest lap bet pays out for a punter if their chosen driver completes the circuit in the quickest time of anyone at any point during a racing Sunday.