Legal Online F1 Betting Sites
- 2023 Formula 1 Betting Odds Are Live Now
- Offshore F1 Betting Sites Accept Members Across The USA
- Bet On F1 Races, Futures, And Championships
One of the most significant motorsports circuits on the planet today is Formula 1 racing, with GP events occurring around the globe each year. Legal online F1 betting is available across the United States, and this guide has been created to direct potential gamblers to the sites that top our online sportsbook reviews.
Whether you want to bet on Formula 1 races, drivers, or lay some action on F1 props, we detail how to do it legally at the best sports betting sites that offer their services to US-based gamblers. For racing fans who plan to bet on F1 odds, the information in this guide will help you get started and to get the best outcome possible.
Bovada Sportsbook #1 USA Betting Site
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- Also Offers Casino, Poker, and Horse Racing
- Wide Selection of Sports Coverage & Wagering Options
- Does Not Accept Players From NJ, NV, DE, NY, or MD
Is Formula 1 Betting Legal?
Yes. Bettors inside the United States can gamble on F1 odds at domestic and offshore sportsbooks. Some US states regulate domestic sportsbooks that will offer Formula 1 odds, but they vary between allowing in-person, online, mobile, or a combination of the three.
Offshore sportsbooks allow for online F1 betting across the entire USA, and the Formula 1 gambling sites linked to on this page have received our review team's top honors. All states are covered between them, and most allow 18+ members to place online F1 bets.
How To Bet On F1 Races
Laying some action on Formula 1 odds works very much the same way IndyCar betting does because the two sports operate similarly in that there are odds for individual races, prop bets, and futures.
Step One: Before any F1 betting can take place, you'll need to become a member at one of the top motorsports racing gambling sites that we feature in this guide. (PRO TIP: We suggest joining multiple racebooks so that the F1 odds can be shopped to your advantage.)
Read through our online sportsbook reviews and decide on the Formula 1 betting sites you want to join. The process of becoming a member is initiated by clicking the join or join now button at the top of any page within the sportsbook site.
Step Two: After creating an account profile and a sportsbook login, add funds to your account using USD or cryptocurrency (an offshore sportsbook exclusive!). This is usually the step where you claim any relevant bonus offers as well.
Step Three: Once your betting bankroll is funded, navigate to the online sportsbook section of the website and locate the Motor Sports, Auto Racing, or Formula 1 betting section. This is where you'll complete your bet slip and place your bet on the race.
F1 Bet Types
Moneyline Betting On F1 Races – Each race on the F1 schedule will inspire oddsmakers to post a line that includes all participating Formula 1 racers. Each driver will have moneyline odds listed next to their name, indicating their chances of winning and letting gamblers know how much money can be won versus the amount wagered. F1 drivers will be listed in order from most to least likely to win the race. F1 bets placed on the winning driver will win, and wagers on second through last place will result in a loss.
Formula 1 Futures - Before the F1 season begins and throughout the year, there will be championship futures that allow for wagers to be placed on the eventual Formula 1 champion with all racers listed. There are also futures odds for each race on the schedule that take action for winners prior to the starting gun.
F1 Prop Bets – Proposition bets cover all other wagering types that are not included in race lines and futures and can be created on any trackable outcome that will happen during the televised broadcast of the Formula 1 race. Some of the most popular Formula 1 prop bets include the winning car brand, amount of milliseconds that the leader will win by, head-to-head odds for driver pairings, and more.
Where Can I Bet On F1 Races?
While any domestic sportsbook should include F1 betting odds among their lines for other major pro and college sports, we recommend using offshore sports betting sites for many reasons, including the convenience of 24/7 betting no matter where you are. All of the online sportsbooks that we suggest within this guide operate offshore and deliver online F1 betting across the entire USA between them.
Most of the legal F1 betting sites we've included on this page accept 18 and older gamblers, while the majority of domestic options only cater to 21+ motor sports gamblers. We invite our readers to investigate the sportsbook sites we recommend for Formula 1 betting and see first-hand the VIP treatment they offer to all US-based members.
Best F1 Betting Apps For 2023
Often the most convenient option for wagering on F1 odds are mobile sports betting apps that can be accessed using Apple and Android devices in the USA. Domestic sports gambling applications are regulated in some states, but we prefer betting on iPhones, iPads, and Android betting apps using offshore sportsbooks.
The Formula 1 betting apps we recommend are accessed using mobile web browsers like Opera, Safari, and others and can pull up the latest F1 odds in seconds. No download is necessary to utilize these sleek, Formula 1 gambling apps that deliver touch-button controls to all current smartphone and tablet models connected to the web.
IndyCar And Formula 1 Differences
While IndyCars and F1 race cars look nearly identical, the differences are primarily technical. IndyCar utilizes V6 2.4 liter engines, while Formula 1 employs V6 1.6 liter engines. Formula 1 cars are hundreds of pounds heavier than IndyCar vehicles, which can give the drivers better traction. IndyCar races can include as many as 33 cars, while F1 races are capped at 20 cars.
Sportsbook Promo Codes For F1 Betting
When becoming a member of an offshore motor sports betting site, sportsbook bonus offers will be extended that will add extra cash to bankrolls after deposit transactions are complete. These sports betting promos match a portion of the deposit and add it back into accounts for wagering on F1 races or any other major sports offered.
Racing bettors can read the details of each bonus cash offer in the promotion section of the sportsbook site. We advise becoming familiar with the terms of each bonus because they often require additional playthrough before any withdrawals can be requested.
Live Betting On F1 Races
Once each Formula 1 race begins, the wagering continues with in-play betting lines that can last until the final few laps. After the race starts, most online sportsbooks convert the pregame line to live betting odds that will remain on the boards until the end of the contest, or the odds are removed, whichever comes first.
Live betting on Formula 1 odds also allows for in-game wagering on F1 prop bets and racing futures, as those lines typically remain active until a conclusion occurs.
Depositing Funds And Withdrawing Winnings
The online sports betting banking options are much more diverse when doing business with offshore sportsbooks. USD deposits are accepted using major credit and debit cards, bank wire transfers, and money orders, but those methods include transaction fees and can take hours to complete.
Gamblers can bet on F1 races within minutes by depositing with cryptocurrency, and the world’s most popular options are accepted at the sportsbooks we endorse here at SBL. Crypto and Bitcoin deposits complete almost immediately, and they allow for sub-24-hour withdrawals, something USD cannot deliver.