Who are the top Formula 1 racers?

Lewis Hamilton, Max Verstappen, Sebastian Vettel, and Valtteri Bottas are a few of the legendary racers.

Do all online bookmakers offer Formula 1 odds?

Although F1 racing is becoming a popular sport, not all bookmakers provide odds on it. The F1 legalized sportsbooks on our full list provide this fast-paced sport.

Can I profit from F1 betting?

Yes, live betting on Formula 1 is a profitable endeavor. You simply need to conduct your study and create a winning game plan.

Can I Place a Formula 1 Live Bet?

In-play Formula 1 betting is available at all the recommended top-rated platforms and is undoubtedly very popular with bettors.

Which is the best type of bet for F1 racing?

Betting on the winner of the F1 Championships is the ideal option because the F1 world champion betting odds are typically more predictable than those for other markets, but bets can be placed in advance while the chances are still favorable.

Best Formula 1 Betting Sites in the Philippines ᐉ 2024 🎖️

List of Formula 1 Betting Sites

Rank	Bookmaker	Rating	Bonus	Get bonus
1	1xBet	5/5	100% WELCOME BONUS UP TO 100 EUR	Play Read review
2	SpinBetter	4.8/5	100% bonus on your first deposit up to 6,267 PHP	Play Read review
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4	888Starz	4.1/5	100% welcome bonus of up to 88,000 pesos and 150 free spins	Play Read review
5	Paripesa	4.5/5	100% welcome bonus up to 4900 PHP	Play Read review
6	Peso88	4.8/5	100% up to 3,888 PHP	Play Read review
7	PesoBet	4.8/5	Redeem PHP 3,000 on your 1st deposit	Play Read review
8	Wolfbet	4.5/5	No welcome bonus	Play Read review
9	Bons	4.8/5	500 PHP free bet welcome bonus	Play Read review
10	BC.Game	4.8/5	Welcome Bonus Up To 270%	Play Read review

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How Formula 1 Betting Sites Work

Formula 1 betting sites provide a range of entertainment options and betting markets for punters to try their luck.

Bets on the outcomes of Formula 1 races are placed with real money, with the odds and payouts predetermined by the house. If the wager wins, the player will receive the agreed-upon payout from the house, which will include both the amount of the original bet and any profits.

Formula 1 Overview

🏟 First Introduced	in 1950
🏢 Overseeing Organisations	Federation Internationale de l'Automobile (FIA)
🔝 Bookmaker Coverage	High
⭐️ Popular in	United Kingdom, Italy, Belgium, United States
🏅 Olympic Discipline	No

Why Use Online Formula 1 Betting Sites?

Formula 1 betting activity was never particularly high, but recently there has been a noticeable increase, primarily as a result of two factors: first, in-game betting, and second, an increase in the number of betting markets offered by the top betting sites. Betting sites for Formula1 also offer:

Good selection of payment options - The best F1 betting sites that accept real money offer a great selection of payment options.
Fast payouts - If you win money from F1 betting at our recommended bookies, you will receive your winnings quickly.
Smooth mobile experience - Our suggestions include the top Formula 1 betting apps available on the market, which are compatible with all popular mobile devices.
Helpful team - The best F1 betting companies have friendly staff on hand to help you and respond to any queries you may have.

How We Rank Formula 1 Bookmakers

When selecting the best F1 betting sites, we consider the following factors:

1
License
We only select Formula 1 bookmakers that are legal and licensed by independent international agencies such as the UK Gambling Commission or the Malta Gambling Authority. We search for the latest data encryption service, so you have the safest experience on the most trusted websites.
2
Odds and Payout Percentages
Players want sites with the best odds and will switch if they think they can get more elsewhere. We compare F1 odds to recommend the most lucrative websites.
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3
Variety of Betting Markets
The top F1 betting sites offer a wide variety of markets, not just the most popular ones. We also look at betting options like the fastest qualifier, fastest lap, or podium.
4
Betting Offers
New customers should be welcomed to an F1 betting service with a lucrative sign-up incentive and deals that include free F1 bets. We also analyze ongoing deals that reward existing customers.
5
Payment Methods
Players should have as many options as feasible for depositing and withdrawing funds. A wide variety of debit and credit cards, e-wallets, and even cryptocurrency alternatives are available on our list of betting sites.
6
Betting Features
In-play betting lets gamblers bet as a race unfolds. We review and recommend bookies that offer Live betting and cash-out features.
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How to Bet on Formula 1 Online

With the guidelines below, you will easily learn how to bet on Formula 1:

Pick Your Bookmaker
step 1
First, choose a sportsbook. Our list of F1 betting sites includes several platforms. Compare deals and choose the best one.
Register
step 2
After choosing, learn the bookmaker’s process. Create a bookie account and verify it to withdraw later. Check the bookie’s promotions and terms and conditions.
Fund Your Account
step 3
After authentication, you can deposit money into your accounts and place F1 bets. Choose a sportsbook payment method, and then start your transactions.
Place Bets
step 4
You’re ready to start betting on Formula 1. Visit the sportsbook’s Formula 1 racing options to place a wager on upcoming events.

Popular Bonus Types for Formula 1 Betting

These are the top betting bonuses for new and existing consumers. New clients might get a welcome bonus, while current customers can get ongoing promotions.

F1 Free Bets. After signing up, a deposit or real-money bet triggers free bets for new customers. Free bets may require a bonus code. To withdraw winnings, you must meet the wagering requirements. Free bets are sometimes offered as loyalty bonuses for registered consumers.
Enhanced Odds. As a means of luring in new customers and rewarding regulars, F1 bookies occasionally enhance the odds or prices at which their customers can place wagers.
Acca Insurance. Acca insurance kicks in when one F1 selection loses. Losing bets are repaid as cash or free bets.

Most Popular Formula 1 Betting Markets

This section includes betting markets offered by top online Formula1 bet sites.

Race-Winners

This is F1’s and every other sport’s most popular betting market. Because anything can happen in a race, F1 has higher payoff odds than other sports. If you trust your knowledge, gamble on your favorite racer.

Number of Race Wins in a Season

Here, bookies offer an alternative market for race betting. If you follow Formula 1 and know the game well, guessing a driver’s win total shouldn’t be difficult.

The Best Constructor

Last but not least, most bettors choose Mercedes, although its payout odds are lower than other teams. Fans of this sport can make excellent bets using constructors. If you’re not sure which team to bet on, review the results from the last few years.

Tips for Advanced Punters

The following are tips that will help advanced punters place successful bets.

The bumper payoff odds for each driver allow you to place bets on a variety of racers while still earning respectable winnings.
Every F1 race track is constructed uniquely. Pay attention to how the drivers performed in the prior races at each circuit.
Many bettors choose to bet on the driver who finishes the qualifying races the fastest, forgetting that weather can change. A better approach would be to keep an eye on the cars that perform well on challenging circuits.

Popular Formula 1 Tournaments to Bet On

We list the best and most popular F1 tournaments below.

Bahrain Grand Prix

The Grand Prix of Bahrain, which takes place at the Bahrain International Circuit in Sakhir, kicks off the Formula One racing season. This volatile race offers bettors a chance to make a decent profit. The payout odds are high.

Monaco Grand Prix

Circuit De Monaco is one of the most impressive F1 tracks. This race is predictable; thus, many people bet on it. Usually, the qualifier wins the main race. This Grand Prix is the safest to bet on.

Italian Grand Prix

This event takes place at the Monza Circuit, and it’s exciting. Wide tracks with minimal curves allow for fast speeds. As a result, there is a lot of activity for spectators to enjoy as the cars compete to cross the finish line first.

Abu Dhabi Grand Prix

Abu Dhabi’s Yas Marina Circuit hosts this race. This is where the F1 Championship Final is held. There has been drama and controversy at this event. In 2021, Max Verstappen and Lewis Hamilton matched for first; hence the event is a favorite for bettors.

Live Betting

Most of the betting companies we recommend provide live betting on Formula 1 races. With this form of bet, you can participate in the games even after the race has already begun. Because of the rapid pace of Formula 1 racing, it’s important to find a sportsbook that offers live betting and can keep up with your bets. The good news is that you may place a live F1 bet at any of the sites we’ve recommended.

FAQ. Frequently Asked Questions

Lewis Hamilton, Max Verstappen, Sebastian Vettel, and Valtteri Bottas are a few of the legendary racers.
Although F1 racing is becoming a popular sport, not all bookmakers provide odds on it. The F1 legalized sportsbooks on our full list provide this fast-paced sport.
Yes, live betting on Formula 1 is a profitable endeavor. You simply need to conduct your study and create a winning game plan.
In-play Formula 1 betting is available at all the recommended top-rated platforms and is undoubtedly very popular with bettors.
Betting on the winner of the F1 Championships is the ideal option because the F1 world champion betting odds are typically more predictable than those for other markets, but bets can be placed in advance while the chances are still favorable.