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:
- Race
- 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:
- GP Outright Winner
- Winning Team
- 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:
- Drivers’ Championship Winner
- Constructors’ Championship Winner
- 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.
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.
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:
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.
Our Formula 1 betting predictions show you which bookmakers are offering the best Formula 1 welcome offers and bonuses.
We provide predictions and analysis for all the major Formula 1 races and drivers:
- 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
- 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
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, 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:
- Driver To Win Next Lap
- Next Pit Stop
- Safety Car Betting
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.
