Formula 1 Betting Sites 2022
Everything you need to know to make the best bets on Formula 1.
Check out this guide to betting on Formula 1 here. The most recent free choices, odds tables, and tactics for making the best F1 bets are all available here. If you are new to betting on Formula One (F1) or if you just want to refresh what you already know, we have set out the fundamentals as well as more advanced techniques below. You will know exactly where to go to place the best F1 bets available on the market as a result of our inclusion of some reputable and tested Formula One betting sites in our guide.
Best Formula 1 Betting Sites
Best Betting Sites For Formula 1
There are around 20 distinct Formula 1 races that may be bet on during the course of each year. It is hardly a bountiful harvest, particularly when contrasted to the lengthy seasons of the MLB or NBA, for example. Because of this, if there is a Grand Prix, you have to truly make it count by betting at a top-tier site that caters to Formula One. We have made this process straightforward for you by compiling a list of the “best of the best.” Consider the sportsbooks that are mentioned here to be in the same league as Sir Lewis Hamilton. Let’s start by counting them down:
Bovada Offers the Best Betting Experience, All Things Considered
Believe us when we say that choosing only one sportsbook to be the “best” is a difficult task. This sector is saturated with websites, and it seems like there is a new one appearing online every week. However, there is one platform, and that platform is Bovada, which consistently leads the way and sets the standard for the whole industry. To use a word from the world of Formula One, it is permanently in position 1.
The first thing that bettors need to understand about Bovada is that there is a good reason why it is the offshore sportsbook that is utilized the most in the United States. It is dependable, trustworthy, and in addition to all of that, it performs just like one would want it to. It’s possible that it doesn’t have the most eye-catching appearance, but that’s not necessary at all. Because it is so easy to use, even a person with no prior experience may soon become proficient using the website.
Now that we’re talking about Formula 1, you’ll realize that there’s a long list of different bets that revolve around the sport. On-site wagering will be offered for each and every Formula One race, and it won’t be limited to the standard moneyline race-winner bet, either. However, the true excitement can be found in the prop market (such as determining who will have the quickest lap or who will win qualifying), and Bovada does not shortchange gamblers in this area.
When we refer to Bovada as the “best” bookie for Formula One, we are effectively implying that you do not require the services of any other bookies so long as the season is in progress. You won’t need anything else because everything you want is already there, including a sizable selection of Formula One bets, favorable odds, bonuses, and a high level of confidence.
Why DontBetTheFarm is such a big fan of Bovada:
- Large sports betting menu
- An encounter with few frills and few complications
- A well-established name in the sector for many years
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It’s Going to Be Hard to Beat BetOnline‘s Formula One Betting Lines
When it comes to choosing a bookmaker, betting lines are of the utmost importance. You should look for a sportsbook that provides you with a large selection of betting options; however, the pricing of the betting lines should also be competitive with the other options. This is possibly the most significant factor. Even slightly worse odds, such as -5, might be detrimental to one’s financial situation, particularly over the course of a longer period of time. BetOnline should be your first pick if you want to get the most out of the value of the betting lines they provide.
Before making bets, we frequently engage in “price shopping.” If we want to bet on Max Verstappen to win the next race, for example, we would first check the odds offered by various sportsbooks to see which one gives the Red Bull driver the most potential return on our investment. BetOnline comes out on top every time when doing so; they don’t win every single time, but they win far more often than they lose. Because of this, BetOnline is an excellent platform choice to consider over the lengthy Formula One season.
The reasons DontBetTheFarm is such a fan of BetOnline:
- Odds that are really reasonably priced
- A wide selection of bonus opportunities
- Allows for a number of different forms of payment
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MyBookie’s Bonuses Could Help You Win a Lot of Money
Who doesn’t like some unstructured play time? How about we start you off with a free play balance of one thousand dollars right away? It is true, it is true, and it can be accessed at MyBookie at this very second. The website provides a one hundred percent match for the initial deposit made by new players; hence, in order to get the most out of the bargain, you will need to make a deposit of one thousand dollars. You’ll get a dollar-for-dollar match with whatever amount that you deposit into your account, whether it’s $75 or $565, for example. That figure is to maximize the value of the offer.
Let’s be honest: things are difficult across the board in terms of the economy. The inflation rate is over the roof, gas costs are skyrocketing, and so on. Therefore, the fact that one can acquire a cool grand totally free of charge is not a little matter. It is imperative that you take advantage of this offer while the Formula One season is in full swing in order to maximize your bonus earnings before they become invalid (30 days). After the free play has been deposited into your account, you are free to use it however you choose, and not just on auto racing; MyBookie covers a wide variety of sports, so your options are extensive.
Why DontBetTheFarm is such a big fan of MyBookie:
- Generous cash incentives
- Betting sports for every imaginable sport
- A variety of possible financial services
Bet it now.
XBet Provides the Greatest Number of Formula One Props
Props are where you’re going to get the most “bang for your buck” in F1 betting. We’ve touched on this subject previously, but it bears reiterating since it’s important. Let’s be honest: the same drivers tend to win several races during the course of a season. Names like Hamilton, Verstappen, and Charles Leclerc spring to mind. Therefore, betting on the outright winner is not typically where the best value for betting can be found. In point of fact, there are situations when the contrary is true. Instead, real betting value may be found in several props.
Because of this, XBet has gained a lot of attention recently. When it comes to the variety of different props that are given on Formula 1, our research has shown that XBet is one of the few sites that can compete with the offerings. We would list them, but there are, in all honesty, much too many for us to be able to account for them all (and seems to change race to race). Before a race, it is in your “best interest” to go to Xbet and familiarize yourself with the many different wagering alternatives that are available.
XBet is a favorite of MyTopSportsbooks for these reasons:
- Huge prop market on-site
- A slick appearance in both design and texture
- New sportsbook is already gaining traction with customers
Bet it now.
At GTBets, Loyalty Will Get You Rewarded
GTBets comes in last, but it is by no means the least important. The outstanding customer retention program that GTBets provides is the distinguishing characteristic of the website, since it is not shared by many other online gambling platforms. You bet a wager, and the system awards you reward points in the same manner as any other loyalty program. The more you bet, both in terms of dollars and the number of times, the more points you will accumulate. Because of this, it doesn’t really matter if you win or lose your bets at GTBets because the rewards service ensures that you’ll always get something back no matter what.
The best part is that you can trade in these rewards points for cashback when you use GTBets. Other prizes, such as merchandize or entry into a contest, can also be redeemed for cash, but let’s not get it twisted: the value is in being able to gamble with the money that is returned. If you bet on Formula One races on a regular basis, it can really build up over the course of a season.
Why DontBetTheFarm is such a big fan of GTBets:
- Reward system of the highest caliber
- A wide variety of player benefits from which to choose
- Comprehensive sportsbook offering wagering on a wide variety of sports and leagues
Bet it now.
Formula One bet Strategies
The process of getting started with betting on Formula One is not nearly as difficult as one may initially believe. Everything you need to know to become a pro at betting on Formula One can be found in this section. A significant portion of this goes through a review of the fundamentals of betting and the various betting methods, but with an emphasis on betting on Formula One.
In addition to that, it is essential to consider how the odds are calculated in Formula 1. You may accomplish this by looking at the various types of Formula 1 bets that we explain further down in this article.
Strategies, Hints, and Guidelines for Betting on Formula 1
You will need to work on formulating a strategy in order to make the most profitable wagers in Formula One. These range from tips on how to place the best bets on Formula One to advice on how to manage your money.
Develop a unique betting strategy for the Formula 1 race
It is strongly encouraged that you develop up with a betting strategy that is tailored to your Formula 1 betting. It really is a completely other animal. The act of betting on a car race, on the other bet, is fundamentally different from betting on a football game. In order to make the best decisions, you need have a solid understanding of this sport on its own.
A component of the larger strategy you have
Having said that, it is essential to ensure that your betting strategy for Formula One is cohesive with the rest of your betting approach. They ought to round out one another well. If you have a tendency of solely placing risk-safe bets on the other sports, then you should continue with this strategy when you bet on auto races. Your betting strategy for Formula 1 may be both unique and an integrated component of your entire strategy.
Employ bankroll management
This methodical strategy should also help your auto race bets, regardless of whether you choose to use the unit-based or percentage approach. Maintaining consistency will make it much simpler for you to evaluate how well the various components of your strategy are working.
Do your homework thoroughly
Also, make sure you do your study thoroughly. It is not sufficient to place your trust in the odds that can be found on the Formula 1 odds tables. Instead, you should conduct enough study to be able to have a dialogue about the odds. Ask yourself why the odds are what they are, and consider whether or not you think they accurately represent your view of what will happen in the future. You can locate bets with a high value by using this method.
Betting Only at Reputable Formula One Websites
Because there are so many different sites offering F1 betting, it can be difficult to determine which one is the best one to use. Because of this, we have put out these leading and reliable Formula 1 betting sites for you. They are risk-safe and come with enticing supplementary features.
Formula 1 Bet Types
If you wish to make bets on Formula 1, you will have numerous options available to you. If you wish to bet on auto races, you will have a lot of different possibilities available to you, so there is no need for concern in that regard.
Understanding how the odds operate for each of the numerous types of bets in Formula One will be the single most crucial bet. As soon as you have a basic understanding of the differences between what precisely you are betting on for each one, you will have a wide variety of exciting options for betting on Formula 1.
In order to get you set to have a fantastic time at the Formula 1 betting sites you frequent, let’s go through some of the most typical types of bets placed on the Formula 1 races.
The Moneylines for Formula 1
The moneyline is the most prevalent type of bet in Formula One. It is quite likely the bet on Formula One that comes to your mind first. You are just placing a wager on the race car driver that you believe will finish in first place on that particular day. It is one of the most popular as well as one of the best Formula bets available today! These are often held in reserve for races that will take place during the next several weeks. You will need to come back at a later time or make a wager on the futures market in order to place a moneyline bet on a race that will take place two months from now. The participant with the lowest odds will be considered the betting favorite to win the F1 moneyline. For instance, if Lewis Hamilton’s odds of winning are -250 and Max Verstappen’s are +400, then Hamilton is the clear favorite to win the race. Verstappen’s odds are significantly lower.
Formula 1 Futures Bets
The futures bet option is yet another type of F1 bet that is quite popular. Because you are wagering on the outright winner of a race, this method is quite comparable to betting on the moneyline. However, there are a number of significant instances in which they are not the same. The most significant distinction is that you are putting a bet on a motor race that will take place in the future. The majority of these races are scheduled for a few weeks down the road. You should think of it more as a moneyline if the plan for tonight is to place a bet on a motor vehicle race. As a bettor, you need to take this distinction into account in order to correctly evaluate the odds, which is why it is crucial to you. When dealing with futures, it is important to bear in mind the degree to which the odds will shift. The passage of time brings with it an inherent risk, which means that while the odds will tend to be a little bit more in your favor, you will also need to accept a little bit more risk.
Formula 1 Prop Bets
Any bets placed that do not directly influence the outcome of the race are referred to as “prop bets.” To put it another way, they focus more on the events that take place throughout the race. They are typically more imaginative and entertaining. What are some of the possible prop bets for Formula 1? Who will be the quickest qualifier? Who do you think will have the best lap time? How much faster than the average will the quickest lap be?
Betting on the Formula One race
Here is a rundown of the Formula One races that will take list in 2022 that you can bet on:
- The Grand Prix of Bahrain will take place at the Bahrain International Circuit in Sakhir on March 28.
- Emilia Romagna Grand Prix – Autodromo Internazionale Enzo e Dino Ferrari, Imola – 18 April
- Spanish Grand Prix – Circuit de Barcelona-Catalunya, Montmeló – 9 May
- Monaco Grand Prix – Circuit de Monaco, Monte Carlo – 23 May
- Azerbaijan Grand Prix – Baku City Circuit, Baku – 6 June
- Canadian Grand Prix – Circuit Gilles Villeneuve, Montréal – 13 June
- French Grand Prix – Circuit Paul Ricard, Le Castellet – 27 June
- The Austrian Grand Prix will take place at the Red Bull Ring in Spielberg on July 4.
- The British Grand Prix will take place at Silverstone Circuit in Silverstone on July 18
- Hungarian Grand Prix – Hungaroring, Mogyoród – 1 August
- The British Grand Prix will take place at the Silverstone Circuit on the 27th of August
- The Belgian Grand Prix will take place on August 29 at the Circuit de Spa-Francorchamps in Stavelot.
- Dutch Grand Prix – Circuit Zandvoort, Zandvoort – 5 September
- Italian Grand Prix – Autodromo Nazionale di Monza, Monza – 12 September
- The Russian Grand Prix will take place at the Sochi Autodrom on September 26.
- The Singapore Grand Prix will take place on October 3 at the Marina Bay Street Circuit in Singapore.
- The Japanese Grand Prix will take place at the Suzuka International Racing Course on October 10th.
- The United States Grand Prix will take place on October 24 at the Circuit of the Americas in Austin, Texas.
- Mexican Grand Prix – Autódromo Hermanos Rodríguez, Mexico City – 31 October
- São Paulo Grand Prix – Autódromo José Carlos Pace, São Paulo – 7 November
- The Australian Grand Prix will take place on November 21 at the Albert Park Circuit in Melbourne.
- Saudi Arabian Grand Prix – Jeddah Street Circuit, Jeddah – 5 December
- Abu Dhabi Grand Prix – Yas Marina Circuit, Abu Dhabi – 12 December
Formula 1 Betting FAQ
When considering which sportsbook to join, bettors like you likely have a number of questions that need answering. Find the answers below.
Is it allowed to place bets on the Formula 1 races?
Yes, it is legal to bet bets on Formula 1 races through the internet in almost all states.
Where can I bet a wager on the Formula 1 race?
You are free to utilize any of the online betting sites that we have listed as recommendations on this page. They will not be at risk and will have access to safe markets.
What is the best way to bet on Formula One?
The Formula One wager that offers the greatest excitement comes out on top. There is no reason to be anxious!” Gambling on Formula One races should be done for entertainment’s sake.
Is it possible to make safe bets on Formula One?
There will be no bets that guarantee a bet. That cannot be denied. However, there are bets in which the odds are quite favorable to you winning. Win in mind that the smaller the number, the greater the likelihood of winning.
What types of bets can I place on Formula 1 races?
F1 betting is enormous! Therefore, they provide each and every possible form of betting opportunity.
