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Best F1 Betting Sites and Apps in March 2024

Formula One has always been a globally popular racing event, but its popularity skyrocketed in the U.S. after Netflix dropped the Drive to Survive docuseries, pulling in fresh audiences. The sport keeps growing, too — just look at the Miami Grand Prix kicking off in 2022, followed by Las Vegas in 2023. That's three big races on U.S. soil now. With names like Verstappen, Perez, and Hamilton tearing up the track, you've got non-stop excitement at every turn.
The best sportsbooks like FanDuel, DraftKings, and BetMGM are riding the F1 wave, too. They're beefing up their F1 betting options and rolling out frequent odds boosts and unique F1 promotions. We've got all the details to get you started. 

Best online F1 betting sites

#1

Bet $5, Win $150 in Bonus Bets

Features

  • Top-tier app experience.
  • Same Game Parlays and SGP+.
  • Extensive promos and odds boosts.

FanDuel Review

FanDuel reigns supreme right now as the No. 1 betting site in America. And it has largely earned that spot on the strength of superior brand recognition, an easy-to-use product, an overwhelming number of markets for North America’s most popular sports, and representation in every state in which it is permitted to offer legal sports betting.

Features

#2

$1,000 First Bet on Caesars

Features

  • Earn Caesars Rewards from betting activity.
  • Live streaming of NFL games.
  • User-friendly mobile app.
Bet Now

Caesars Sportsbook Review

Caesars is proving to be one of the most aggressively expanding brands in sports betting. Unfortunately, like all major U.S. sportsbooks, they are quick to limit you if you go on a tear and their odds boost promos offer low maximum bet limits.

Features

#3

Bet $5, Get $150 in Bonus Bets

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Features

  • Extensive live betting options.
  • More markets than any other sportsbook.
  • One of the best apps in the industry.
Bet Now

bet365 Review

bet365 is one of the largest and most popular sportsbooks globally. With a well-received mobile app, popular same-game parlays, and a wide variety of sports leagues to bet on it’s no wonder 80 million sports bettors worldwide continue to use bet365.

Features

#4

Get up to $1,000 in Bonus Bets

Features

  • Live in 15 states
  • Extremely powerful brand history and recognition
  • FanCash reward system is great for sports fans

Fanatics Sportsbook Review

Fanatics Sportsbook has launched its app in a dozen states already, with plans to expand to more in the near future. Fanatics is poised to be a major player in the sports betting industry.

Features

#5

No Sweat First Bet up to $1,000

Features

  • Lots of promos and odds boosts.
  • Wide range of sports and bet types.
  • Seamless integration with DFS.

DraftKings Review

DraftKings had a solid reputation as the leading DFS provider in the country, so the shift to legal sports betting felt natural. They offer one of the most voluminous collections of ongoing promos and odds boosts in the industry as they cater to the beginner crowd. However, their reputation has dwindled as outspoken CEO Jason Robins leads the charge of the anti-profitable bettor mentality that runs rampant amongst sportsbooks that are quick to limit winning players.

Features

#6

Bet $5, Get $150 in Bonus Bets

Features

  • Some of the best live-betting odds.
  • Casino Operator of the Year in 2021 and 2022.
  • Earn MGM Rewards from betting activity.
Bet Now

BetMGM Review

BetMGM is one of the top-rated sportsbooks in the U.S. offering some of the best live betting odds in the industry. They’re also the largest iGaming operator across the U.S.

Features

#7

Up to a $500 Second Chance Bet

Features

  • Competitive odds across all markets.
  • Live betting section is well organized.
  • Earn iRush Rewards from betting activity.
Bet Now

BetRivers Review

With its solid lines and user-friendly promos, adding BetRivers to your sportsbook rotation makers a lot of sense.

Features

#8

Up to a $250 Bonus Bet

Features

  • Massive selection of markets.
  • Easy-to-use interface.
  • Wide variety of banking options.

Betway Review

While this book won’t wow you with its design, you won’t find many apps easier to navigate – or with the sheer volume of sports markets Betway offers. And although you'll find more generous signup offers elsewhere, Betway remains a strong global sports betting brand that deserves to be mentioned among the second-tier sportsbook options in the U.S.

Features

#9

Get up to $250 in Bonus Bets

Features

  • Great user interface.
  • Deep selection of bets in major sports.
  • Ongoing promotions for recurring players.

ClutchBet Review

Bringing its successful track record from Australia to the U.S., ClutchBet is a solid addition to the Colorado, Iowa, and Louisiana sportsbook markets.

Features

#10

$100 in Bonus Bets

Features

  • Longstanding reputation in Atlantic City.
  • User-friendly betting site and app.
  • Competitive odds.
Bet Now

Borgata Review

Despite limited availability, the Borgata Sportsbook experience is considerably better than other operations similar in size due to being backed by MGM Resorts International and Entain. The experienced backing allows for a pleasurable user experience on the Borgata betting site and app.

Features

Affiliate Disclosure: Sportsbook Review may receive advertising commissions for visits to a sportsbook betting site.

21+. Gambling can be addictive, please play responsibly

Top F1 sportsbook promos

Editor's Note: bonuses are for U.S. residents only. Bonuses are current offers and are subject to change.

The best F1 sportsbooks are giving massive bonuses to draw in new users. There's no scam here — it's just how they roll, hustling to outdo the competition. You're in a great position, thanks to this bumper-to-bumper race. By joining multiple betting sites, you can collect all these best sportsbook promos and use them to give your F1 picks some extra firepower. 

Tapping into multiple F1 betting sites also opens the door for line shopping, a key tactic for profitable betting. With several sportsbook accounts, you can pick the one offering the best odds on your race day picks. This approach maximizes your potential profit when you make winning picks. 

Why FanDuel is the best F1 betting site 🔵

Few sportsbooks let you risk just $5 and potentially walk away with $150 in bonus bets. These types of 'bet & get' promos are catching on fast. In this specific case, your first bet has to be settled as a winner to collect the bonus funds. 

The investment-to-gain ratio with these deals is huge, and FanDuel leads the way with its offer. You could back Max Verstappen to win the next Grand Prix, which is almost a deadbolt lock, given his current form. When he cruises to victory, you’ll pocket a hefty bonus on top of your winnings.

When you’ve got those bonus bucks, you can use them to explore some cool props you might have otherwise skipped, especially if it meant risking your own cash. FanDuel gives you choices galore, from betting on the fastest qualifier to predicting which car will be first to retire or even the starting grid position of the winner. And here's the kicker — with bonus playthrough requirements at a low 1x, any profits you make with the bonus bets are yours to keep.

While FanDuel's intro promo might look modest next to four-figure incentives from other books, it's actually packed with more value. It’s the perfect bonus to get a feel for the platform, especially for those just dipping their toes into F1 betting. Other sportsbooks require bigger deposits or a hefty first bet loss to leverage their offers fully. FanDuel's bonus bets can be split however you like, letting you make 150 different $1 bets if desired. 

FanDuel offers more than just a great welcome bonus and a wide selection of props. Their research hub is a real gem. It's loaded with in-depth information on upcoming races. Experts analyze all the angles, from driver and team performances to possible weather influences. They even cover those easy-to-miss details, so having access to this level of insight can be a game-changer in making informed bets. 

FanDuel boasts an impressive F1 live betting platform. You can jump into the action once the race starts, capitalizing on every shift in momentum and every dramatic overtaking maneuver as it happens.

You don't need a FanDuel promo code to take advantage of this offer since it's applied automatically to all qualifying bettors.

If you're interested in anything else about the platform, our full FanDuel review will give you the rundown on how they measure up.

FanDuel F1 betting site
📱  App Store rating4.7/5.0 ⭐(41K reviews)
📱  Google Play Store rating4.7/5.0 ⭐(267K reviews)
⬇ Download size142.4 MB 
💰 Welcome bonusBet $5, win $150 in bonus bets
🏎 F1 promotionsBet & win; odds boosts
📺 Live streamingYes, via FanDuel TV

DraftKings F1 betting site 👑

DraftKings runs neck-and-neck with FanDuel in almost every single regard, sparking a FanDuel vs. DraftKings feud that is as heated as Ferrari vs. Red Bull. When it comes to F1 betting markets, DK truly delivers. Aside from the standard bets, they also offer unique props like the number of qualified finishers, whether the safety car will make an appearance, or if the margin of victory will be more or less than five or ten seconds.

DraftKings offers a generous welcome bonus, giving new users a up to $1,000 No Sweat first bet deal on any initial qualifying bet of $1 or more. No DraftKings promo code is required to activate this offer. 

If the bet loses, the bet credit will be awarded as a single bonus bet in a lump sum amount equal to your wager, so it's not quite like FanDuel's welcome offer. DraftKings offer requires you to lose your first bet, whereas FanDuel requires a win in order for the bonus to be collected, making them almost (but not quite) identical.

To learn more, be sure to browse our detailed DraftKings review

DraftKings F1 betting site
📱  App Store rating4.7/5.0 ⭐ (5K reviews)
📱  Google Play Store rating4.6/5.0 ⭐ (129K reviews)
⬇ Download size466.3 MB
💰 Welcome bonusUp to $1,000 No Sweat first bet
🏎 F1 promotionsOdds boosts, parlay boosts
📺 Live streamingYes, via DraftKings Network

bet365 F1 betting site 🟢

bet365 isn't available in nearly as many states as some of the industry giants, but it still competes on every other level. It boasts great odds, a slick mobile app, and a welcome bonus that offers $150 in guaranteed bonus bets if you make a first wager of $5 or more. Just use the bet365 bonus code SBRBONUS when creating your account to qualify for this offer. Or, you can choose their secondary offer instead, which is up to $1,000 first bet safety net. You can only use one or the other, though.

For further reading about another excellent choice for Formula One betting, head to our bet365 review.

bet365 F1 betting site
📱   App Store rating4.7/5.0 ⭐ (81K reviews)
📱   Google Play Store rating4.5/5.0 ⭐(82K reviews)
⬇ Download size45.3 MB
💰  Welcome bonusBet $5, get $150 in bonus bets
💰 Alt. welcome bonusUp to $1,000 first bet safety net
🏎 F1 promotionsCreative F1 prop bets
📺 Live streamingSometimes (certain events only)

BetMGM F1 betting site🦁

As one of the most well-known brands in Sin City, BetMGM must be loving the recently added Las Vegas Grand Prix to the F1 race schedule. Nothing like a little home-town race action to generate betting interest. Even if you're not making the trek to Vegas, you can use BetMGM's excellent mobile app to bet on F1 from more than 20 different legal states.

BetMGM offers the sweetest welcome bonus of any online sportsbook. It's $150 in guaranteed bonus bets in exchange for a first real money wager of $5 or more. It doesn't matter whether that first bet wins or loses, you'll claim the bonus regardless. Use the BetMGM bonus code SBRBONUS when you sign up to partake in this welcome offer.

Our BetMGM review covers everything else you might want to know about one of our top five Formula One betting sites.

BetMGM F1 betting site
📱  App Store rating4.8/5.0 ⭐ (186K reviews)
📱  Google Play Store rating4.1/5.0 ⭐ (25K reviews)
⬇ Download size114.3 MB 
💰  Welcome bonusBet $5, get $150 in bonus bets
🏎 F1 promotionsPre-built SGP; odds boosts
📺 Live streamingYes

Caesars F1 betting site 🏛

Last, but certainly not least, on our list is Caesars Sportsbook. Another legacy Vegas brand, Caesars has been able to use legalized sports betting to expand their product to almost two-dozen other states. Their online sportsbook consistently offers competitive odds, a wide range of betting markets, and some of the most lucrative bonuses.

New customers can earn up to $1,000 in bonus bets with the Caesars Sportsbook promo code SBRBONUS1000. Just make any real money wager after creating your account and depositing. If that bet loses, Caesars will award you a bonus bet of an equal amount, up to the maximum. 

Our Caesars review offers even more intel on this great F1 betting site. 

Caesars F1 betting site
📱  App Store rating4.6/5.0 ⭐ (55K reviews)
📱  Google Play Store rating4.2/5.0 ⭐ (23K reviews)
⬇ Download size226.7 MB 
💰  Welcome bonusUp to $1,000 first bet on Caesars
🏎 F1 promotionsInsured bets, parlay boosts
📺 Live streamingSometimes

Other top F1 betting sites and apps

BetRivers ⚡

BetRivers is a solid overall choice for Formula One bettors. It has plenty of F1 betting markets, usually equal to any of our top five sportsbooks. However, BetRivers does need to spend a bit of time sprucing up their mobile app and desktop site design.

💰 Welcome bonus: Up to $500 second chance bet using BetRivers bonus code: SBRBONUS
🏆
BetRivers Review

Betway 🏀

Betway also boasts plenty of motorsports betting markets, and F1 is no exception. You can find all the major Grand Prix events, plus qualifying and interesting futures bets. We love that F1 posts its lines and odds quite early, letting bettors get a fast jump on attractive odds before they shift. 

💰 Welcome bonus: Up to $250 second chance bet without a Betway promo code
🏆 Betway Review

Fanatics 🧢

Fanatics features Formula One on its list of available sports but doesn’t seem to prioritize it as much as other betting markets. It tends to skew quite heavily towards NFL, NBA, and other popular North American markets. However, Fanatics recently purchased PointsBet's U.S. business, and the two platforms are gradually merging to form a great sportsbook. You'll find a standard lineup of betting options on Fanatics for every F1 event.

💰 Welcome bonus: Up to $1,000 in bonus bets without a Fanatics sportsbook promo code

🏆 
Fanatics Review

ESPN BET 🏈

ESPN BET officially launched on Nov. 14, 2023. The new app is one of the better-designed betting sites we’ve had the pleasure of reviewing, with an uncluttered organization and a genuinely user-friendly interface. 

Page-to-page navigation is rapid and intuitive, so finding and browsing through all available F1 bets is a breeze. Speaking of, ESPN BET offers a strong selection of racing bets. Race winners, fastest lap, podium finishes, and driver matchup bets are all available.

💰 Welcome bonus: Get $100 in bonus bets | ESPN BET promo code
🏆 ESPN BET Review

F1 betting sites quick facts

You've come to the right place if you want to get in on the F1 betting action. Our crew of die-hard F1 buffs has sniffed out the best sports betting sites that put the sport front and center. These sites go full throttle on F1 wagering markets, with special deals, sharp odds, and numerous betting choices on drivers, constructors, and race details. Once you find your go-to betting hub, we'll drop some tips to help you rack up wins. 

🌎 States with legal F1 betting35 + DC
🔢 Legal betting age21+ (18+ in MT, NH, RI, and WY)
🏎 Most popular F1 betsRace winner, fastest lap
📱   Best F1 betting appFanDuel
💰  Biggest F1 sportsbook bonusBetMGM

How we rate and review F1 betting sites

Finding a top sportsbook is an adventure in and of itself, given how closely matched the top contenders are. Hunting for the best F1 betting site is a whole new ball game since it's more of a niche betting market than, say, the NFL. You've got to weigh in new factors and view things through a fresh lens. We're here to steer you in the right direction (pun intended) and share how we scouted out the prime F1 betting specialists.

Depth of F1 market coverage

The best F1 betting sites go beyond just winner picks. They're packed with prop bets like podium finishes, fastest laps, and even unique bets like win-race-and-fastest-lap combos. FanDuel is a star player here, offering a depth of options that lets bettors use their race savvy to the fullest.

Live betting

Live betting in F1 is all about speed — not just on the track but in terms of constantly updating the odds as the race unfolds. We value the live betting sites that keep the odds fresh, avoiding prolonged lockouts on betting options. We gave bonus points to sites that offer live streaming, especially without any active bet or deposit requirements, letting you follow the action closely.

Quality of F1-specific promotions and bonuses

Frequent odds boosts and Formula One-specific promotions show a book's commitment to F1 fans. Standouts like Caesars and bet365, who typically offer these perks for less-mainstream sports like F1, are where you should go for extra value. The best sports betting apps all offer odds boosts for Formula 1, which is a bonus since some books only prioritize major North American sports for their promos. 

Expert insights and analysis

Having insider info can be a game-changer. That's why sites like FanDuel, with comprehensive race breakdowns, and DraftKings, with their Stats Hub section, get major points for giving bettors a well-informed edge.

Cool betting features

Handy betting features can take your F1 betting to the next level. The Early Cash-Out option can let you secure some profit (or potentially limit your loss) before the race finishes. 

Parlay builders at BetRivers and DraftKings make whipping up an F1 parlay a breeze. BetMGM's Edit My Bet feature lets you tweak live bets, like altering a stake on a Hamilton-win pick if you're having second thoughts.

Competitive odds and payouts

Finally, competitive odds and fast payouts are key, especially in a sport where margins can be tight. We assess how the odds stack up against the market and the payout speed, ensuring bettors get the best value and prompt rewards for their correct insights.

How to bet on F1 races

Jumping into F1 betting is a breeze. The real challenge is picking the right sportsbook. Once you've nailed that, the onboarding process is smooth sailing. Here's a simple guide to get you started.

1. Pick a sportsbook

To begin, look for an F1 sportsbook you want to start with. Use our selection criteria to track down a sportsbook specialized in F1. Or, for a quicker route, pick one already vetted by our team as a top choice. 

2. Register

Click on our links above to reach the site. Then, choose your state and complete the registration form. This step typically involves some basic paperwork and sharing details like your name, address, and the last four digits of your SSN.

3. Deposit

Now, it's time to make your first deposit. If there's a promo code requirement, don't worry, we'll list it here. Just copy and paste it where necessary. Every current bonus requires some sort of initial real money deposit. 

You'll have many payment options, and the deposit process is straightforward. Typically, a $10 minimum deposit is required.

4. Make your first bet

The F1 section is often nestled under motorsports, so it might not have its own section. Many books offer a search feature, letting you pinpoint the exact race or bet type you're after.

It's important to review the sportsbook's house rules for F1 racing. They might have unique policies for scenarios like safety car appearances. Remember that combining multiple F1 markets on a single slip might not be possible, as same-game parlays for F1 aren't typically available at sportsbooks. 

Make your pick, enter your stake amount, and lock in your bet to confirm it. 

5. Claim the bonus

Once you've made your first bet, you may be eligible to collect a bonus. Depending on the sportsbook and bonus type, you might be in line for guaranteed bonus bets when your initial wager settles or a first-bet insurance rebate if your pick turns out as a loss. 

Some bonuses are tied to the initial bet or deposit amount but always play within your financial comfort zone. 

6. Withdraw 

When it's time to cash out your F1 betting winnings, head to your sportsbook's 'Withdrawal' section. Common methods like ACH, bank transfer, PayPal, or Play+ are usually available for cashouts. If your sportsbook operates in a physical location in your state, you can withdraw in person, which is a convenient choice for larger amounts. The processing time for online payouts typically ranges from two to seven days.

Betting on F1 Grand Prix races

The 2023 F1 season comprised 23 races, beginning with the Bahrain Grand Prix on March 5, 2023, and concluding with the finale in Abu Dhabi on November 26, 2023. Spoiler alert: Max Verstappen won almost every race, cruising to his third straight World Drivers' Championship.

The 2024 F1 season started on March 2, 2024, in Bahrain, with Max Verstappen claiming yet another Grand Prix win. Here's a quick look at the entire schedule. Can anyone stop Mad Max and Red Bull from winning more championships in 2024?

Grand Prix 🏎City 🌎Date 📆Winner 🏆
BahrainSakhirMarch 2, 2024Max Verstappen
Saudi ArabiaJeddahMarch 9, 2024TBD
AustraliaMelbourneMarch 24, 2024TBD
JapanSuzukaApril 7, 2024TBD
ChinaShanghaiApril 21, 2024TBD
MiamiMiamiMay 5, 2024TBD
Emilia RomagnaImolaMay 19, 2024TBD
MonacoMonacoMay 26, 2024TBD
CanadaMontrealJune 9, 2024TBD
SpainBarcelonaJune 23, 2024TBD
AustriaSpielbergJune 30, 2024TBD
United KingdomSilverstoneJuly 7, 2024TBD
HungaryBudapestJuly 21, 2024TBD
BelgiumSpaJuly 28, 2024TBD
NetherlandsZandvoortAug. 25, 2024TBD
ItalyMonzaSept. 1, 2024TBD
AzerbaijanBakuSept. 15, 2024TBD
SingaporeSingaporeSept. 22, 2024TBD
USAAustinOct. 20, 2024TBD
MexicoMexico CityOct. 27, 2024TBD
BrazilSao PauloNov. 3, 2024TBD
Las VegasLas VegasNov. 23, 2024TBD
QatarLusailDec. 1, 2024TBD
Abu DhabiYas MarinaDec. 8, 2024TBD

F1 betting tips and strategies

F1 betting is a numbers game. It demands a more analytical approach for successful outcomes. Here are some key strategies and tips to consider:

  • Pole position's hidden trap: It's tempting to bank on the pole sitter, but as history has shown, this spot often doesn't lead to victory lane. Track conditions and race dynamics can turn this bet upside down.
  • First to start isn't always first at the finish: Just because a driver starts the race in front doesn’t mean they’ll finish there. F1 is full of twists and turns, with strategy and sheer luck often reshaping the leaderboard. Be wary of live betting on the race leader after a few laps.
  • Spread your bets: Betting on just one driver is risky. Spread your bets to cover different drivers and outcomes, adapting to each race's unique dynamics.
  • Know your circuits and teams: Each track is different, and teams and drivers perform differently on each. Understanding these nuances and historical patterns is crucial to informed betting.
  • Team dynamics count: F1 is a team sport, and the synergy between the lead and support drivers (not to mention the pit crew) can make or break a race.
  • Qualifying isn't the whole story: A great qualifying performance doesn't always mean race-day success. Weather, track conditions, and race day strategies can flip the script quickly.
  • Odds with real value: Look for odds that reflect the risk-reward balance. It's about finding the sweet spot where the potential payout justifies the risk. In other words, betting on Verstappen to win is easy but doesn't offer much profit.

F1 betting sites FAQs

Can I legally bet on F1 races?

Yes, all legal and licensed sportsbooks in the U.S. offer Formula One betting markets.

What F1 events can I legally bet on?

The Grand Prix races are the most popular betting events, but you can also sometimes bet on qualifying or entire season outcomes, like which team will win the Constructors' Championship.

How does F1 betting work?

F1 betting starts with choosing a sportsbook, creating an account, depositing, and potentially claiming a welcome bonus. Then, you can bet on various aspects of Formula 1 races, like overall race winner, fastest lap, or specific driver matchups.

What is the best F1 sportsbook?

FanDuel is our top recommendation for F1 betting, especially due to its attractive welcome bonus. Other notable alternatives include DraftKings, BetMGM, and Caesars. Each offers unique features and betting options, so it's worth exploring a few to find your best fit.

What bookmakers have the best odds for F1 betting?

For the best F1 odds, stick to the big names: FanDuel, DraftKings, BetMGM, and Caesars. These sites are known for their comprehensive coverage and competitive odds, giving bettors a variety of market options with good value.

What types of bets can you place on F1 races?

In F1 betting, you can go for standard bets like race winners and podium finishers or explore unique prop bets such as fastest qualifiers, first car retirement, or specific race outcomes. These props tap into deeper race insights and can be great for hardcore race fans.