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The Best F1 Betting Sites in the UK 2024

Liam Austen-Rondi
Liam Austen-Rondi
Senior Betting Writer
Updated: 23 May 2024

In this guide, we explore the top F1 betting sites in the UK for 2024, considering everything from welcome bonuses and promotions to the range of markets and quality of odds. Whether you’re a seasoned pro or a casual punter, we’ll help you find the perfect bookie to place your bets!

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F1 Betting Odds

When it comes to F1 betting, getting the best odds can give your wins some horsepower. While odds can vary between bookies, understanding how to find the best value is ideal for maximising your profits. Not quite sure what odds mean? Take a look at our Betting Odds Explained guide before reading on.

The top strategy is to compare odds across different bookmakers. Don’t just settle for the first odds you see. Shop around and you might find a bookie offering slightly better odds on the same outcome, which could amount to something big over time!

Another tip is to keep an eye out for enhanced odds or price boosts. Many bookmakers offer special promotions where they increase the odds on specific markets for a limited time. Taking advantage of these offers can give you a significant edge and potentially lead to bigger wins.

To help you get started, take a look at some of the current outright odds for the Drivers’ and Constructors’ Championships at three of our top F1 betting sites:

Outright Drivers’ Championship Odds:

Bookmaker

Max Verstappen

Lando Norris

Charles Leclerc

Sergio Perez
Bet365

4/7

5/2

25/1

50/1
William Hill

4/6

9/4

25/1

50/1
Betfred

8/13

11/4

25/1

33/1

Outright Constructors’ Championship Odds:

Bookmaker

Red Bull Racing

McLaren

Ferrari
Bet365

2/9

3/1

20/1
William Hill

2/9

3/1

20/1
Betfair

3/10

3/1

18/1

Odds correct at time of writing (1st July 2024)

Top 10 Formula 1 Betting Sites

The UK boasts a wealth of online bookmakers catering to F1 fans, but these are our top picks for the 2024 season:

  1. Bet365: Dozens of markets for every Grand Prix race, including driver specials and live betting options.
  2. William Hill: Known for their competitive odds and comprehensive F1 coverage, with markets on everything from qualifying to fastest lap.
  3. Betfair: A great option for both pre-race and in-play betting, with a wide range of markets and the unique Betfair Exchange.
  4. Paddy Power: Known for their creative markets and witty commentary, offering a fun and engaging F1 betting experience.
  5. Betfred: Features a diverse range of F1 bets, including each-way and accumulator options, alongside regular price boosts.
  6. BoyleSports: Offers a comprehensive F1 betting experience, with in-depth statistics and live streaming of select races.
  7. Betway: Provides a wide range of F1 betting options, including driver head-to-heads and prop bets, along with a dedicated F1 blog.
  8. BetVictor: Offers competitive odds and a wide range of F1 markets, with a focus on accumulator bets and special offers.
  9. Parimatch: Provides a variety of F1 betting options, including outright winners, podium finishes, and constructor championships.
  10. BetUK: An impressive range of Formula 1 markets to choose from, alongside decent odds and a great welcome offer.

Five of the Best Sites for F1 Betting

With so many Formula 1 betting sites to choose from, narrowing it down can be daunting. We’ve done the legwork and selected five of the best F1 betting sites that stand out from the pack for their exceptional offerings:

1. Bet365: Best for Market Variety

Bet365 is a titan in the online betting world, and its F1 offering is no exception. It boasts an unrivalled range of markets for every Grand Prix, from outright winner and podium finish to fastest lap and driver head-to-heads. If you have a hunch about a specific outcome, chances are Bet365 will have a market for it.

Bet365 Formula 1 page

Their in-play betting platform is equally impressive, allowing you to react to the action as it unfolds. With live odds updates and a wide range of in-play markets, you can place bets throughout the race, adding an extra layer of excitement to your viewing experience. Bet365 Formula 1 also offers live streaming of select races, further enhancing the betting experience and making it one of our favourite F1 betting sites.

What We Like:

  • Huge variety of markets for every race
  • Competitive odds across the board
  • In-play betting and live streaming options

Room for Improvement:

  • Promotions for existing customers could be more generous
Visit bet365

2. William Hill: Best for Odds and Promotions

William Hill is a household name in UK betting, and its F1 coverage is extensive. It offers consistently competitive odds across all markets, often beating its rivals. This means you’re more likely to get the best value for your bets when you choose William Hill.

William Hill formula 1 page

They also have a knack for creative promotions, offering enhanced F1 betting odds and special bets on major races. Their “Acca Freedom” feature allows you to tailor your accumulator bets with greater flexibility, giving you more control over your betting strategy. William Hill also has a dedicated F1 section on their website, with news, tips, and predictions to help you make informed betting decisions.

What We Like:

  • Excellent odds across all William Hill Formula 1 markets
  • Regular promotions and enhanced odds offers
  • “Acca Freedom” for customisable accumulator bets
  • Dedicated F1 section with news and tips

Room for Improvement:

  • Website can be slow to load at times
Visit William Hill

3. Betfair: Best for Exchange Betting

Betfair is unique in offering both a traditional sportsbook and a betting exchange. The exchange allows you to bet against other punters, rather than the bookmaker, offering greater flexibility and potentially better odds. This can be particularly advantageous for F1 betting, where opinions on drivers and teams can vary widely.

Betfair formula 1 page

Betfair’s in-play markets are also extensive, making it a great choice for those who like to bet live. Their “Cash Out” feature lets you settle bets early to lock in profits or minimise losses, giving you greater control over your betting outcomes. Betfair also offers a range of educational resources for those new to exchange betting.

What We Like:

  • Betting exchange offers unique opportunities and potentially better odds
  • Extensive in-play markets
  • “Cash Out” feature for greater control over bets

Room for Improvement:

  • Exchange can be confusing for novice bettors
Visit Betfair

4. Paddy Power: Best for Fun and Novelty Bets

Paddy Power is renowned for its humour and quirky betting markets. While they offer all the standard Formula 1 bets, they also excel at creating fun and unique markets, such as “Will a driver crash out on lap 1?” or “Will there be a safety car period?”. This injects a sense of fun and lightheartedness into F1 betting.

Paddy Power formula 1 page

Paddy Power F1 bets also offer competitive odds, along with regular promotions and special offers. Their engaging and entertaining brand personality makes betting with them a fun experience. Whether you’re a seasoned punter or a casual fan, Paddy Power’s unique offerings are sure to add a bit of spice to your F1 betting.

What We Like:

  • Unique and fun betting markets
  • Competitive odds on standard F1 bets
  • Regular promotions and special offers

Room for Improvement:

  • Not the best choice for serious punters seeking in-depth analysis
Visit Paddy Power

5. Betfred: Best for Special Offers

Betfred stands out for its unique promotions, chosen just for Formula 1. Their “Double Delight & Hat-Trick Heaven” offer, while often used for football, extends to F1 too. If your chosen driver wins the race after landing a podium finish, Betfred doubles your winnings. If they also clock the fastest lap, your winnings are tripled!

Betfred Formula 1 page

They also offer regular price boosts and special bets on F1 races, giving you more bang for your buck. Betfred’s user-friendly interface and mobile app make it easy to navigate their F1 markets and take advantage of their special offers.

What We Like:

  • Unique “Double Delight & Hat-Trick Heaven” offer for F1
  • Regular price boosts and special bets
  • Good range of F1 markets

Room for Improvement:

  • Less in-depth statistics and analysis compared to some competitors
  • Customer service could be more responsive
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Best F1 Betting Sites Compared

Each bookmaker offers a unique blend of features, strengths, and markets. To help you choose the right one for your F1 betting needs, we’ve compared the top 10 sites across a range of key factors.

Bookmaker Welcome Bonus F1 Markets In-Play Betting Live Streaming Special Features
Bet365 Bet Credits up to £50 Extensive Yes Yes Bet Builder, Cash Out
William Hill Bet £10 Get £30 in Free Bets Wide Range Yes Select Races Acca Freedom, Enhanced Odds
Betfair Get up to £100 in Free Bets Wide Range, Exchange Yes Select Races Cash Out, Exchange Betting
Paddy Power Bet £10 Get £20 in Free Bets Fun & Unique Yes No Justice Payouts, Power Prices
Betfred Bet £10 Get £60 in Bonuses Diverse Range Yes No Double Delight, Hat-Trick Heaven
BoyleSports Bet £10 Get £20 in Free Bets Comprehensive Yes Select Races Acca Loyalty, Extra Places
Betway 100% Matched Free Bet up to £30 Wide Range Yes No Betway Boosts, Free Bet Club
BetVictor Bet £10 Get £30 in Free Bets Wide Range Yes No Price It Up, Acca Insurance
Parimatch 100% Welcome Bonus up to £100 Varied Yes No Cash Out, Bet Boost
BetUK Bet £10 Get £30 in Free Bets Extensive Yes No Acca Club, In-Play Offers

What Makes a Top Formula 1 Betting Site?

Choosing the right Formula 1 betting sites can be the difference between a winning and a losing season. There are several key factors we consider when evaluating bookmakers to ensure they offer the best possible experience for Formula 1 punters.

First and foremost, we look for a wide range of markets. The best F1 betting sites will offer far more than just outright winner bets. We expect to see markets on podium finishes, fastest lap, driver head-to-heads, and even more niche options like the safety car period or the number of classified finishers.

Competitive Formula 1 betting odds are crucial – have a look at our Best Odds Guaranteed guide to make the most of any deals out there. We compare odds across many F1 betting sites to ensure you’re getting the best possible value for your bets. In-play betting and live streaming are also important features, allowing you to react to the race as it unfolds and potentially capitalise on changing odds.

We also consider the user experience, looking for sites with intuitive interfaces, F1 live betting, easy navigation, and responsive customer support. Additional features like statistics, expert analysis, and F1-specific promotions are also a plus.

For more information on how we assess betting sites in more general terms, take a look at How We Rate Bookmakers.

Best F1 Betting Offers

While many bookmakers offer generic welcome bonuses and free bets, some go the extra mile with promotions specifically tailored for Formula 1 fans. These offers can provide excellent value and enhance your Formula 1 betting experience.

Bet365: Bet Boosts and Enhanced Odds

logo bet365 1Bet365 regularly offers enhanced odds on selected F1 bet markets, giving you the chance to secure bigger payouts on your winning bets. They also feature “Bet Boosts”, where the odds on a particular market are increased for a limited time. Keep an eye on their promotions page for the latest F1 offers.

William Hill: F1 Acca Insurance

William Hill 1William Hill’s “Acca Freedom” promotion allows you to create a custom accumulator bet on Formula 1 races. If one leg of your accumulator lets you down, you’ll get your stake back as a free bet. This offer can be a great way to mitigate risk and potentially increase your winnings.

888sport: Free Bet Offers

logo 888sport888sport frequently runs free bet promotions for F1 races, often tied to specific events like qualifying or the race itself. These offers typically require you to place a qualifying bet to receive a free bet in return. Check their promotions page regularly for the latest F1 free bet offers.

Betfred: Double Delight & Hat-Trick Heaven

logo betfred1 20220107 125918Betfred’s “Double Delight & Hat-Trick Heaven” promotion applies to first goalscorer bets in football, but it also extends to any Formula 1 bet. If your chosen driver to win the race scores a podium and then goes on to win, Betfred will double your winnings. If they secure a podium, then win, and then also achieve the fastest lap, Betfred will triple your winnings.

Formula 1 Racing 2024: An Overview

The 2024 Formula 1 season promises to be another thrilling instalment in the world’s premier motorsport championship. With 24 races spanning the globe, it’s the most extensive calendar in F1 history, offering ample opportunities for betting excitement.

The season kicked off in Bahrain on March 2nd, before moving to Australia, Japan, and China and then heading to the Americas for races in Miami and Canada.

The European leg of the season begins in Monaco in May and concludes in Italy in September. The championship then travels to Azerbaijan, Singapore, and the United States before wrapping up with a trio of races in Mexico, Brazil, and the season finale in Abu Dhabi on December 8th.

Defending champion Max Verstappen will be looking to maintain his dominance, but he’ll face stiff competition from the likes of Lewis Hamilton , Charles Leclerc, and George Russell (take a look at their stats here). The 2024 season also sees the return of the Chinese Grand Prix after a four-year hiatus due to the COVID-19 pandemic.

F1 Betting Sites

2024 Formula 1 Race Calendar

Round Grand Prix Circuit Date
8 Monaco Grand Prix Circuit de Monaco May 26th
9 Canadian Grand Prix Circuit Gilles Villeneuve June 9th
10 Spanish Grand Prix Circuit de Barcelona-Catalunya June 23rd
11 Austrian Grand Prix Red Bull Ring June 30th
12 British Grand Prix Silverstone Circuit July 7th
13 Hungarian Grand Prix Hungaroring July 21st
14 Belgian Grand Prix Circuit de Spa-Francorchamps July 28th
15 Dutch Grand Prix Circuit Zandvoort August 25th
16 Italian Grand Prix Autodromo Nazionale Monza September 1st
17 Azerbaijan Grand Prix Baku City Circuit September 15th
18 Singapore Grand Prix Marina Bay Street Circuit September 22nd
19 United States Grand Prix Circuit of the Americas October 20th
20 Mexican Grand Prix Autódromo Hermanos Rodríguez October 27th
21 Brazilian Grand Prix Autódromo José Carlos Pace November 3rd
22 Las Vegas Grand Prix Las Vegas Street Circuit November 23rd
23 Qatar Grand Prix Losail International Circuit December 1st
24 Abu Dhabi Grand Prix Yas Marina Circuit December 8th

Popular F1 Betting Markets

Formula 1 offers a vast array of betting markets, catering to both casual fans and seasoned punters. Here’s a look at some of the most popular options, each with its own unique appeal and potential for profit:

Drivers’ Championship

This is the most prestigious individual accolade in F1. You bet on who you think will accumulate the most points throughout the season and be crowned Drivers’ Champion. It’s a long-term bet that requires analysing driver form, team performance, and potential for consistent point-scoring.

Constructors’ Championship

This market focuses on the team aspect of F1. You bet on which team you believe will amass the most points across both their drivers over the season. Factors like car development, team strategy, and driver consistency play a significant role in this market.

Race Winner

A straightforward bet on which driver will take the chequered flag at a specific Grand Prix. While seemingly simple, this market can be quite volatile, with unexpected results often shaking up the odds.

Podium Finish

A less risky alternative to betting on the race winner, this market involves predicting which drivers will finish in the top three positions. It offers a good balance between potential reward and risk, as you have three chances of your bet winning.

Points Finish

This bet involves predicting whether a particular driver will finish in the points (top 10 positions). It’s a good option for those seeking lower-risk bets, as there are more opportunities for a successful outcome.

Fastest Lap

This market focuses on which driver will set the quickest lap during a race. It can be a thrilling bet, as drivers often push their cars to the limit in pursuit of this additional point.

Winning Nationality

A bet on the nationality of the winning driver. This can be a fun and patriotic way to bet, especially for fans supporting their home country’s drivers.

Both Cars Podium Finish

This market involves betting on whether both cars from a specific team will finish in the top three positions. It’s a riskier bet, but the potential rewards can be significant.

Red Flag in Race

This is a yes/no bet on whether a red flag will be deployed during a race. Red flags are typically shown following major incidents or to signify unsafe track conditions, and they can significantly alter the outcome of a race.

Without Max Verstappen

As the name suggests, this market excludes Max Verstappen from the betting options. It’s a popular choice when Verstappen is heavily favoured to win, as it allows punters to focus on the rest of the field and potentially find better value bets.

Fastest Qualifier

This market involves predicting which driver will secure pole position during qualifying. Qualifying is crucial in F1, as it determines the starting grid for the race, and pole position often provides a significant advantage.

Formula 1 Betting Tips

To maximise your chances of success betting on Formula 1, it's essential to have a well-informed strategy. Here are a few F1 betting tips to help you stay ahead of the curve:

  1. Do Your Research

    Don't just rely on gut instinct. Before any motorsports betting, thoroughly research the drivers, teams, and circuits involved. Look at past performance data, analyse qualifying results, and consider factors like weather conditions and driver form. A well-informed bet is always a smarter bet.

  2. Shop Around for the Best Odds

    Don't settle for the first odds you see. Different bookmakers offer varying odds on the same markets. By comparing odds across multiple sites, you can ensure you're getting the best possible value for your bets.

  3. Consider In-Play Betting

    In-play betting allows you to react to the race as it unfolds. If a driver makes a strong start or suffers a setback, the odds will shift accordingly. By betting in-play, you can capitalise on these fluctuations and potentially find more lucrative opportunities.

  4. Don't Overlook Qualifying

    Qualifying plays a crucial role in determining the starting grid for the race. A driver starting from pole position has a significant advantage, and qualifying results can offer valuable insights into driver and car performance. Consider using qualifying results to inform your race bets.

F1 Betting on Mobile Devices

Betting on F1 from your mobile device is sometimes more convenient. All the top F1 betting sites we’ve mentioned offer either dedicated mobile apps or mobile-optimised websites, allowing you to place bets on the go.

F1 betting apps usually offer a streamlined and intuitive interface, making it easy to browse markets, place bets, and track your wagers. Many apps also offer features like live streaming, bet builders, and cash out, giving you the full betting experience in the palm of your hand.

Mobile-optimised websites, on the other hand, offer a similar experience without the need to download any F1 betting apps. They adapt to the screen size of your device, providing a user-friendly interface for betting on Formula 1 from your phone or tablet.

Whether you choose an app or a mobile-optimised website, Formula 1 betting on your phone is a fantastic way to stay engaged with the sport, no matter where you are.

F1 Past Winners

Formula One has a star-studded history, packed with racing legends who’ve made their mark on the sport and became household names. Since the very first championship in 1950, won by Giuseppe Farina, we’ve seen a whole bunch of talented drivers take the crown – take a look at our table of the world champions from the last ten years.

Last 10 Years of F1 Champs

Year Driver Team
2023 Max Verstappen Red Bull Racing
2022 Max Verstappen Red Bull Racing
2021 Max Verstappen Red Bull Racing
2020 Lewis Hamilton Mercedes
2019 Lewis Hamilton Mercedes
2018 Lewis Hamilton Mercedes
2017 Lewis Hamilton Mercedes
2016 Nico Rosberg Mercedes
2015 Lewis Hamilton Mercedes
2014 Lewis Hamilton Mercedes

As you can see, Lewis Hamilton and Max Verstappen have been dominating lately. But don’t forget about the other big names in F1 history, like Michael Schumacher, Ayrton Senna, and Alain Prost – there have been many legends to emerge victorious over the years!

F1 Live Stream Options

In the UK, Sky Sports F1 holds the exclusive rights to live F1 coverage. That means they broadcast every practice session, qualifying session, and race throughout the season. While a Sky Sports subscription is required for full access, some of our top bookies offer live streaming to make the most of as you make your Formula 1 bets:

  • Bet365: Offers live streaming of select races, usually requiring a funded account or a bet placed on the race.
  • Betfair: Provides live streaming for loads of F1 races, accessible with a small qualifying bet.
  • BoyleSports: Offers live streaming of select races, usually tied to specific promotions or bet requirements.

They might not be as comprehensive as a dedicated Sky Sports subscription, but these live streaming options can be a handy way to follow the action and make better in-play betting decisions.

The Final Lap

Formula 1 betting offers a thrilling way to engage with prime motorsport. With a huge number of betting markets, competitive odds, and many top-notch bookies catering to UK punters, there’s never been a better time to dive into the world of F1 betting. With the right strategy and a bit of luck, you could be celebrating your winnings on the podium alongside your favourite drivers. So, buckle up, place your bets, and get ready for a ride through the 2024 Formula 1 season!

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Liam Austen-Rondi
Liam Austen-Rondi
Senior Betting Writer

Liam Austen-Rondi is a seasoned writer in the sports betting and gambling industry. After starting his career writing SEO content, Liam moved into copywriting roles with Bally's Interactive, where he spearheaded major rebranding and tone of voice projects and helped launch award-winning websites, as well as with industry-leading PR and marketing agencies. Joining Safestbettingsites.co.uk in 2024 armed with a wealth of knowledge and a passion for responsible gambling, Liam provides insightful perspectives on safe and enjoyable betting.

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