Best Formula 1 Betting Sites UK

Compare the best Formula 1 betting sites in the UK and our comprehensive F1 betting guide below.

List of The Best F1 Betting Sites (2022)

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Deposit £10+ on card. Stake £10+ on both your 1st & 2nd bets at min odds of 1.5 (1/2) within 3 days of registration & receive a £10 Free Bet for each qualifying bet resulted as a loss. Free Bets only be valid on multiples with 3+ legs & min cumulative odds of 3.0 (2/1). Min odds of 1.4 (2/5) required per leg. Free Bets must be used within 3 days of them being received. 20 Free Spins will only be available for use on the slot game ‘John Hunter and the Book of Tut Respin™.Promo period: 12/08/2023 – 01/01/2024.
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New 18+ UK customers only. Register using the promo code WELCOME40, deposit and place first bet of £10+ on Sports (cumulative Evens+) within 7 days of registration. First bet must be on Sports. £30 in Free Bets and £10 in Free Spins (50x20p) credited within 10 hours of bet settlement. Free Bet stakes are not included in any returns. Bonuses have a 7-day expiry. Payment restrictions apply. SMS verification and/or Proof of I.D and address may be required. Full T&Cs apply.
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Terms: 18+ New customers only. Opt in, and bet £10 on football markets (odds 2.00+). No cash out. Get 6x£5 football free bets at specified odds for set markets, which expire after 7 days. Offer valid from 12:00 UK Time on 25/08/2023. Card payments only. T&Cs apply, see below. | Please gamble responsibly
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New Customers only. Bet £10* & Get £30* in Free Bets. Sign up, deposit between £5* and £10* to your account and bet365 will give you three times that value in Free Bets when you place qualifying bets to the same value and they are settled. Free Bets are paid as Bet Credits. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply. Registration required.
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Top 10 Online Bookmakers for Formula 1 Betting

Formula 1 remains one of the most popular sports in the UK and it is going through something of a boom time, with a number of exciting young drivers starting to make their mark on the track.

The enduring success of the British record-breaking champion Lewis Hamilton continues to win him fans around the world and betting on F1 is getting more popular in the UK. For everything that you need to know about betting on F1 in the UK, read on for our ultimate guide to the sport.

When starting to bet on Formula 1 in the UK, choosing a bookie is the first step. Here are 10 of the best:

#1 Best F1 Betting Site - William Hill

William Hill is strong for most sports that are popular in the UK, with F1 no different. Regular F1 specials are up for grabs on race weekends, making William Hill a top choice for F1 fans.

Always providing good value for sports betting odds, William Hill is consistently ranked among the best bookies in the UK when it comes to F1 prices.

Those wanting to get the best value Formula 1 bets are certainly advised to consider signing up for an account at William Hill.

Various other motorsport betting markets can be found at William Hill as well.

#2 Best F1 Betting Site - Paddy Power

Always worth checking out for their market-leading promotions, offers, and bonuses, Paddy Power is a leading contender for the crown of the best F1 bookmaker in the UK right now.

Various ante-post outrights provide plenty of options for F1 fans throughout the season and the choice of markets on a race weekend is almost unparalleled at Paddy Power as well.

Paddy's Rewards Club has free bets that can be used on Formula 1 betting markets available to earn every single week as well, which is sure to be appealing for many fans of the sport too.

#3 Best F1 Betting Site - Betway

Known for sponsoring Premier League football team West Ham, Betway is a strong option for F1 betting. The F1 betting prices at Betway are usually some of the best offered on the internet.

Betway's blog, the Betway Insider, often has tips that can be useful when betting on F1 as well. Various other sports are featured on this part of the site as well.

At Betway, there is a Free Bet Club that F1 fans can join and earn weekly free bets up to £10. For this excellent promotion alone, Betway is ranked among the leading UK F1 betting sites.

#4 Best F1 Betting Site - Unibet

Anyone who wants to bet live-in-play on F1 races should certainly think about joining Unibet. This online bookmaker has one of the best in-play offerings in the business right now.

Unibet customers also get access to comparatively low minimum deposits, which is handy for anyone who only wants to place a small wager on the upcoming races in the F1 calendar.

Markets such as Grand Prix winner, who will finish in the podium places, and constructor odds are among those that are typically available at Unibet for F1 fans on a big race weekend.

#5 Best F1 Betting Site - Betfred

Betfred bonuses are known for being particularly generous so anyone who wants to be able to get promotions like free bets to use on F1 should have this bookmaker on their shortlist.

At Betfred, price boosts on the Formula 1 action are often offered to ensure their prices are up there with the best around for the sport.

Betfred also has a guide to each race on the F1 calendar, from the British Grand Prix to the Abu Dhabi Grand Prix, which can be helpful information for those who want to read up on the track ahead of placing their bets.

#6 Best F1 Betting Site - Spreadex Sports

A relatively unknown quantity for sports fans in the UK compared to the big names on this list, Spreadex Sports is enjoying a boost in profile after sponsoring Premier League team Burnley.

For British F1 fans, Spreadex Sports represents an intriguing option due to the fact the site offers both sports spread bets and sports fixed odds bets, making it a rather unique proposition.

Newcomers will find the guide to placing F1 spread bets at Spreadex Sports to be a must-read. In-play spread betting is also offered on Formula 1 at Spreadex Sports, which is a site to watch for sure.

#7 Best F1 Betting Site - Bet365

A comprehensive sportsbook is among the top-selling points of Bet365 with this online bookmaker one of the biggest around. F1 fans can find plenty of markets on the site too.

Bet365 bonuses and promotions make joining this bookmaker particularly appealing for F1 fans in the UK, who can get the latest Formula 1 betting news and predictions here as well.

New customers who join Bet365 can get up to £100 in Bet Credits, which can be used on F1. This top welcome bonus is widely regarded to be one of the very best in the business right now.

#8 Best F1 Betting Site - Betfair

Although this site is still most famous in the industry as a betting exchange, Betfair is also home to a traditional sportsbook that is a must for UK Formula 1 fans due to the excellent range of markets.

Betfair betting odds for F1 are consistently up there with the best value around, so those who want to get the top bang for their buck should definitely consider signing up for an account here.

It is also common for F1 special promotions like price boosts to be offered by Betfair, so it is definitely among the top betting sites for the sport.

#9 Best F1 Betting Site - 888Sport

A highly flexible acca insurance offer, which can be used on Formula 1 as well as other sports, is one of the main reasons why so many people opt to join 888Sport.

While the site used to be known as an online casino first and foremost, this perception is slowly changing with 888Sport now widely regarded to be among the UK's leading bookmakers as well.

F1 fans who opt to sign up at 888Sport can get ante-post, pre-race, and live-in-play odds here. Speedway, MotoGP, and Moto3 are among the other motorsport options on offer on the site too.

#10 Best F1 Betting Site - BetVictor

A leading mobile betting app is one of the reasons F1 fans should think about joining BetVictor. With a lot of people now preferring to bet while or out and about, BetVictor is a top option.

A £30 welcome bonus is on the table too, so those hunting for Formula 1 free bets will find BetVictor to be a great choice. The Quick Cash Out option offered at BetVictor is a game-changer as well.

With F1 great for live betting due to how rapidly things change, the Quick Cash Out option is an excellent way for users to lock in profit.

What Is F1 Betting and How Does It Work?

At its heart, F1 betting is like placing wagers on any other major sport, with people just having to accurately predict what is going to happen over the course of a race weekend.

Of course, one of the great things about F1 is it is particularly unpredictable, which makes it a big challenge when it comes to betting. After all, it only takes a driver to make a small mistake when taking a corner at high speeds to have an accident and be ruled out of the rest of the race.

Various different F1 betting markets are available these days and we will cover them in detail later. But there is a lot more to F1 betting than just the race on a Sunday. Pre-race and in-play betting is available, so those tuning into the action can have a bet to make it even more exciting.

Ante-post F1 betting is also widely available during the off-season. Those who follow the sport particularly closely will be able to bet on who will win the next World Championship before the first race even takes place, which can result in much better value odds being available.

As well as ante-post betting on the driver who will top the standings at the end of the season, it is also possible to bet on which of the constructors will amass the most points over the year too.

Various race prop bets, such as if the safety car will make an appearance, are also offered, while some of the other popular markets include whether or not a driver places in the points.

To place a bet on F1, users can browse the motorsport sections of UK betting sites to make their selections. After deciding what they want to bet on, the next step is to pick the stake. It goes without saying that the more money people put on a bet, the more they can win. But the reverse is true also, with larger stakes increasing the amount of money an F1 fan can lose.

Like with other sports bets, they will be settled automatically by betting sites in the UK. What this means is that winning wagers are paid out directly into the user's account. They do not have to do anything to get their hands on their winnings like visiting a bricks-and-mortar shop with a betting slip, which is one of the reasons why online F1 betting continues to grow in popularity.

Online F1 sports betting also offers the advantage that the cash-out feature can be activated. For those who bet on the winner of the race before the lights go out, cashing out can be a great way to lock in a proportion of guaranteed profit that means the end result will not matter.

Cashing out F1 bets is attractive as it only takes a badly-taken corner or a poor pit stop to massively impact a driver's chances of lifting the trophy and spraying champagne at the end.

With around 20 different races taking place throughout the course of the year - while the F1 calendar is always subject to change due to various reasons, the season keeps growing year by year - there are plenty of opportunities to get involved with betting on this sport in the UK.

Popular F1 Betting Markets Explained

Lots of different F1 betting markets are offered these days - here are some of the most popular:

Championship winner: One market that is available throughout the year - even when F1 is in the off-season - regards the winner of the driver's championship. Familiar faces are almost always among the favourites, but up-and-coming drivers may be worth a punt here as well. Along with the driver's championship winner, it is also possible to bet on the top constructor too.

Top 3/5/10 finish: As well as backing the driver that wins the championship overall, F1 fans can opt to bet on their favourite to finish in the top three of the final standings instead. Other options that are widely available include backing drivers to finish in the top five or 10 of the standings.

Race winner: On race weekends, the most popular betting market for F1 in the UK is a simple one, with users having to guess which driver will take the chequered flag in first place. Race winner markets are also available in-play, which is handy for those F1 fans who watch all the action and want to give themselves a chance of profiting out of their favourite sport on Sundays.

Podium place: Sports lovers who are not sure which driver will finish first can instead opt to have a bet on them to finish in the top three, claiming a podium place. This is a bit similar to each-way betting in other sports, with users able to be paid out for a top-three finish. Some drivers tend to consistently finish on the podium but rarely win - they are a good option here.

Fastest lap: This F1 market is fairly self-explanatory, with users able to bet on which driver will record the fastest lap over the course of the race. Often, the winner of the race also gets the fastest lap, but this is not necessarily the case. Some of the younger drivers in a race are fully capable of putting together a perfect lap that puts them in contention for this market, but they might lack the consistency to put a full race together at this stage of their careers in the sport.

Pole position: Qualifying in F1 can be very confusing for those who do not follow the sport that closely, but the most simple betting market for this part of a race weekend is the pole position. All this market means is users have to predict which driver performs best over the course of qualifying, securing that all-important pole position for the start of the main race on the Sunday.

Driver v driver: F1 betting sites in the UK are starting to offer more markets for their users and one of them that is getting a lot more popular right now is driver v driver. This means fans of the sport have to predict which of two drivers will cross the finish line ahead of the other. Of course, if one of the drivers in this market cannot finish for whatever reason, perhaps they have an accident or a technical fault with their car that forces a withdrawal, the other wins automatically.

Future world champion: F1 fans happy to take a long-term bet could browse ante-post markets such as those offered for a particular driver to become world champion in the future. Young drivers are naturally the most popular to go for here but while the odds can be appealing, users should remember it could take several years for the wager to become a winner.

F1 Rules and Format for Events

Formula 1 is famous for its ever-changing rules and regulations. Even the biggest fans of the sport can take a bit of time to get used to the amendments that are made for each season. But despite this, the format for F1 events has remained broadly the same, even though it is inevitable that qualifying will continue to be tweaked in a bid to make this part more exciting.

The first day of a race weekend is Friday when there are two free practice sessions. These might not be that thrilling to watch due to the lack of jeopardy, but anyone who wants to give themselves the best chance of winning their F1 bets should pay attention to what happens.

Performing well in practice sessions is usually a sign that a car is in good shape for the weekend. Some teams are well-suited to certain tracks and seeing their drivers go fast in the free practice sessions is a clear sign that they will be ones to watch out for on race day.

Saturdays are devoted to qualifying, which is where the placings on the grid are decided. In the morning there is a third practice session, which again can give a sign of upcoming performance. In the afternoon the qualifying starts and this is where the race weekend moves up a gear.

Qualifying changes every season but at the moment, there is an hour session that is split up into three sections. All of the cars start the session but the five slowest drivers are eliminated after the opening part of qualifying, meaning they will start at the back of the grid for the race.

In the second part of the qualifying session, another five drivers will be eliminated. This leaves the remaining drivers free to battle it out to record the fastest lap and claim pole position. It all sounds rather complicated but at the end of the qualifying day, the quickest driver starts on pole.

Sunday is race day. The time that the race starts is dependent on where it is taking place around the world. However, it is usually the case that on UK time, the race will be on Sunday afternoon, though naturally there are exceptions for races in Australia, Asia or South America. While there are still byzantine F1 rules for the drivers and teams to follow, the first car across the line is the winner when they take the chequered flag, which kicks off the following celebrations.

Since the 2016 takeover of the sport by Liberty Media, various changes to F1 have been proposed. The 2021 season saw the sport's first-ever 'sprint qualifying' format take place at the British Grand Prix. Instead of a full qualifying, a shorter race was run on the Saturday of the race weekend to determine the placings on the grid for the full race, which as usual was on Sunday.

World Championship points were also up for grabs in the sprint race and this format is likely to be adopted more widely in the sport in the coming years, so this is worth watching out for.

Among the key rules to know when betting on F1 Is that teams are only allowed to use a limited number of tyre sets during a race weekend: 13 dry sets, four intermediate and just three wet.

F1 Betting Tips and Strategies

When betting on Formula 1 in the UK, many people will benefit from using tips or strategies. Plenty of internet sites offer Formula 1 betting tips and it is always worth checking these out to get a range of opinions before deciding what to bet on when race weekend gets underway.

Like with other sports, studying the form can be very useful to pick winning wagers in F1. Drivers who have performed well in the last couple of races are likely to be full of confidence and could be a threat to win the next Grand Prix, or at least finish on the podium, as a result. The opposite is true too, with drivers who have been struggling for performance likely to be best avoided if they have been struggling to finish in the points over the last few races of the year. Checking practice and qualifying times will show both a team and driver's performance going into the race, with any improvements that have been made likely to be evident here as well.

Past performance tends to be a good indicator of which teams and drivers will be the most effective at a particular race. For example, Ayrton Senna was a master at the Monaco Grand Prix, with his driving talent unparalleled around the tight street circuit. He won that race seven times over the course of his career and some drivers have performed similarly well on their favourite tracks since then, with Lewis Hamilton very hard to beat at the Hungarian Grand Prix, the Canadian Grand Prix, the San Marino Grand Prix and his home race at Silverstone. Some drivers are naturally suited to being faster on certain tracks due to their style. The car they are in will also have a big impact, with the teams that are performing fastest around the corners more likely to perform best on the tighter street tracks, while those that reach their top speeds on long straights might be better to bet on for the more open, traditional F1 tracks around the world.

Weather cannot be forgotten when it comes to betting on F1 either. Indeed, the F1 races are perhaps more affected by the weather than any other major sport that is popular in the UK. Again, certain drivers are known for being good in the rain, with Hamilton among them, while Lance Stroll has performed well in wet conditions in the past too. It is always worth checking the weather forecast ahead of the race to see whether or not rain is likely to affect the action. When planning to bet live in-play, having at least half an eye on the weather is a must for F1 betting.

Track position is obviously going to have a big impact on a driver's chances of winning the race. While some drivers are great at moving up through the field, others are better at defending a pole position that was earned during the qualifying session on the Saturday. A lot of tracks in F1 these days are challenging for overtaking, so drivers who are not near the front of the grid on Sunday are likely to find it difficult to battle through the field to claim a place on the podium.

Awareness of team strategies can be beneficial when using F1 betting strategies too. Even if a driver is the best performer on the day, this does not necessarily mean they win the race. Sometimes, their team might order them to allow a colleague to pass as they are in the hunt for the World Championship and are deemed to be more in need of the points as a result. Backing a driver to win a race when they are considered to be the second priority in the team can be risky.

F1 Betting FAQs

Steven is an experienced iGaming content writer who has been working in the industry since 2018. He is passionate about sports betting and enjoys writing about all aspects of the industry, including bookmaker reviews, betting tips and strategies, and news and analysis. If you have any questions about online gambling in the UK, please don't hesitate to contact him.