Formula 1 Betting

Formula 1 is one of the most exciting sports to watch, and betting.com has everything you need to enjoy Formula 1 betting in a fun and responsible way. We provide the best Formula 1 betting odds and the latest Formula 1 tips and predictions, plus plenty more.

Best Formula 1 Betting Sites

BetUK

1. BetUK

Bet £10 Get £30 in Free Bets

T&C's Apply .New customers on mobile only. 7 days to claim and stake £10 minimum bet at odds of 1.5 or greater to qualify. Free, void, cashed out or partially cashed out bets do not qualify. Max 3x £10 free bets credited on bet settlement. Free bets must be used on 4 or more selections with selection odds of 1.3 or greater. Free bets are non-withdrawable and stake not returned with winnings. 7 day expiry. 18+ BeGambleAware®: Gambling Help & Gambling Addiction | BeGambleAware .

bet365

2. bet365

Bet £10 Get £30 in Free Bets

For New Customers. 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. 18+. begambleaware.org

Unibet

3. Unibet

Bet £10 Get £40

New customers only. Min deposit £10. Money back as bonus if first sports 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. Visit Unibet.co.uk for full T&C's.

William Hill

4. William Hill

Bet £10 Get £30 in Free Bets

18+. Play Safe. From 00:01 on 18.10.2022. £30 bonus. New customers only. Minimum £10 stake on odds of 1/2 (1.5) or greater on sportsbook (excluding Virtual markets). Further terms apply.

Betway

5. Betway

£30 Matched Free Bet

*New UK customers only. Min Deposit: £5. Maximum Free Bet: £30. First bet on a Football 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. This is offer is valid for 7 days from your new account being registered. 18+

888sport

6. 888sport

100% Bonus up to £150!

18+. begambleaware.org. £/$/€10 min deposit using promo code “150BONUS” • The bonus will be applied once the full deposit amount has been wagered at least twice with cumulative odds of 1.50 or greater • To withdraw any winnings from your bonus, you must wager the bonus amount up to 5 times­ • All deposit and bonus wagering requirements must be completed within 60 days • This offer may not be combined with any other offer • Wagering limit of £/$/€50 per bet Applies • Restrictions apply to withdrawals, payment methods and countries & full T&Cs apply.

LeoVegas

7. LeoVegas

100% Profit Boost Up To £100

Full T&Cs apply. T&Cs apply. New reg only. Claim by placing a min deposit £10 via "My Offers" page within 30 days. Skrill/Neteller deposits excl. 7 days to stake max £10 in-play. Max. extra winnings £100. 18+

Sportingbet

8. Sportingbet

Bet £10 Get £10

This Promotion is available to Website customers who: are over 18 years old; are a new player with sportingbet.com; are resident in the United Kingdom. This offer is available to 1 person per household. 18+. T&C Apply.

How to Bet on Formula 1 

Formula 1 is the most prestigious and popular class of international motor racing, home to the fastest racing cars on the planet. The sport had its inaugural season in 1950 and has recently found a new audience globally following the release of the hit Netflix documentary series, Formula 1: Drive to Survive.

The increased profile of the sport has resulted in Formula 1 betting becoming more popular. And it’s really easy to bet on Formula 1 once you know how.

There are two main types of Formula 1 betting:

  1. Race
  2. Outright

Race betting

Race betting covers everything that you can bet on over the course of a Formula 1 Grand Prix, with bets placed either pre-race (before it starts) or in-play (once it’s started).

The most popular betting markets for Formula 1 races are:

  1. GP Outright Winner
  2. Winning Team
  3. Fastest Lap

Outright Betting

Outright betting covers everything that you can bet on over the course of a Formula 1 season, with the most popular outright betting markets for Formula 1 including:

  1. Drivers’ Championship Winner
  2. Constructors’ Championship Winner
  3. F1 Driver-Constructor Double Winner

You can also back drivers to win a race on an each-way basis, which is typically two places. That means you can win 1/3 odds if the driver you back each-way finishes a race in first or second.

Best Bookmakers to Bet on Formula 1

The best bookmakers to bet on Formula 1 are typically the ones that offer attractive welcome bonuses to encourage new customers to sign up and bet with them.

And with so many betting sites to choose from, it’s worth looking on betting.com to help find the best one for you.

We only work with reputable betting sites who value their customers, while our reviews are always honest, reliable and trustworthy.

How Our Formula 1 Betting Predictions Can Help You Make Profit

The final grand prix of the 2021 season proved that you can never guarantee the outcome of a race – Formula 1 betting wouldn’t be much fun if you could – but you can give yourself the best possible chance of making profit by reading our Formula 1 betting predictions. 

All of our Formula 1 betting predictions include: 

Formula 1 betting tips 

Our Formula 1 betting predictions include Formula 1 betting tips for all the major Formula 1 races, featuring up-to-date analysis and insight.

Best odds

Our Formula 1 predictions highlight which bookmakers have the best betting odds for each market.

Formula 1 betting offers

Our Formula 1 betting predictions show you which bookmakers are offering the best Formula 1 welcome offers and bonuses.

What Formula 1 Races Do We Provide Predictions For?

We provide predictions and analysis for all the major Formula 1 races and drivers:

Formula 1 2022 season race calendar

  • Bahrain Grand Prix, Bahrain International Circuit
  • Saudi Arabian Grand Prix, Saudi Arabia Jeddah Corniche Circuit
  • Australian Grand Prix, Albert Park Circuit
  • Emilia Romagna Grand Prix, Imola Circuit
  • Miami Grand Prix, Miami International Autodrome
  • Spanish Grand Prix, Circuit de Barcelona-Catalunya
  • Monaco Grand Prix, Circuit de Monaco
  • Azerbaijan Grand Prix, Baku City Circuit
  • Canadian Grand Prix, Circuit Gilles Villeneuve
  • British Grand Prix, Silverstone Circuit
  • Austrian Grand Prix, Red Bull Ring
  • French Grand Prix, Circuit Paul Ricard
  • Hungarian Grand Prix, Hungaroring
  • Belgian Grand Prix, Belgium Circuit de Spa-Francorchamps
  • Dutch Grand Prix, Circuit Zandvoort
  • Italian Grand Prix, Monza Circuit
  • Singapore Grand Prix, Marina Bay Street Circuit
  • Japanese Grand Prix, Suzuka International Racing Course
  • United States Grand Prix, Circuit of the Americas
  • Mexico City Grand Prix, Autodromo Hermanos Rodriguez
  • Sao Paulo Grand Prix, Interlagos Circuit
  • Abu Dhabi Grand Prix, Yas Marina Circuit

Formula 1 2022 season team and drivers

  • Alfa Romeo-Ferrari: Zhou Guanyu and Valtteri Bottas
  • AlphaTauri-RBPT: Pierre Gasly and Yuki Tsunoda
  • Alphine Renault: Fernando Alonso and Esteban Ocon
  • Aston Martin Aramco-Mercedes: Nico Hülkenberg, Sebastian Vettel and Lance Stroll
  • Ferrari: Charles Leclerc and Carlos Sainz Jr.
  • Haas-Ferrari: Kevin Magnussen and Mick Schumacher
  • McLaren-Mercedes: Daniel Ricciardo and Lando Norris
  • Mercedes: Lewis Hamilton and George Russell
  • Red Bull Racing-RBPT: Max Verstappen and Sergio Perez
  • Williams-Mercedes: Nicholas Latifi and Alexander Albon

What Formula 1 Betting Markets Do We Give Tips For?

We give tips for multiple Formula 1 betting markets, with some of the most popular ones including:

  • GP Outright Winner
  • Winning Team
  • Fastest Lap
  • Drivers’ Championship Winner
  • Constructors’ Championship Winner
  • F1 Driver-Constructor Double Winner

Live Betting on Formula 1

Live betting on Formula 1, also known as in-play betting, is one of the most enjoyable ways to bet on Formula 1.

In-play betting is when you bet on the race in real time, meaning the live odds change as the action unfolds.

Regular Formula 1 betting markets are still available in-play, but there are also specific markets that are unique to in-play betting, including popular ones such as:

  1. Driver To Win Next Lap
  2. Next Pit Stop
  3. Safety Car Betting

How Are Formula 1 Betting Odds Calculated?

Formula 1 betting odds are calculated on the probability of something happening.

For example, the odds of Lewis Hamilton winning the Drivers’ Championship are much shorter than the odds of Fernando Alonso. That’s because the probability of Lewis Hamilton winning the Drivers’ Championship is much higher.

If Lewis Hamilton wins the Drivers’ Championship after you placed a £1 bet on him to do so 50/1, you would win £50. But if Fernando Alonso wins the Drivers’ Championship after you placed a £1 bet on him to do so at 3,000/1, you would win £3,000.

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