Formula 1 is the pinnacle of motorsport, featuring the fastest and most advanced cars in the world. The sport is also a thrilling spectacle for fans and bettors alike, with races taking place on iconic circuits across the globe. If you are looking for the best F1 betting sites in 2023, you have come to the right place. In this article, we will review some of the top online sportsbooks that offer competitive odds, generous bonuses, and a variety of betting options for Formula 1.
FanDuel is one of the most popular and trusted sports betting platforms in the US, and for good reason. The site offers a wide range of sports and markets to bet on, including Formula 1. You can find odds for every race, driver, constructor, and prop bet imaginable, as well as live betting and cash out features. FanDuel also has a user-friendly website and mobile app that make placing bets easy and convenient.
As a new customer, you can take advantage of FanDuel’s generous welcome offer: a risk-free bet up to $1,000. This means that if your first bet loses, you will get a refund in site credit that you can use to place another bet. FanDuel also offers regular promotions and odds boosts for existing customers, especially during major events like the F1 season.
BetMGM is another reputable and reliable sports betting site that covers Formula 1 extensively. The site has a sleek and modern design that makes navigating through the different sports and markets a breeze. You can find odds for every F1 race, as well as futures bets for the drivers’ and constructors’ championships. BetMGM also offers live betting and cash out options for F1 bets, as well as live streaming of some races.
One of the best features of BetMGM is its customer service. The site has a dedicated support team that is available 24/7 via phone, email, or live chat. You can also find a comprehensive FAQ section that answers most common questions and issues. BetMGM has received many positive reviews from satisfied customers who praise its fast payouts, fair odds, and friendly staff.
As a new customer, you can claim BetMGM’s welcome bonus: a 100% match up to $1,000 on your first deposit. You can also earn loyalty points for every bet you place on the site, which you can redeem for free bets, cash prizes, and other rewards.
PointsBet is a unique and innovative sports betting site that offers a different way to bet on Formula 1: points betting. This is a high-risk, high-reward type of betting where your potential winnings or losses are not fixed, but depend on how much your bet is correct or incorrect by. For example, if you bet $10 on Lewis Hamilton to win a race by 5 seconds, and he wins by 10 seconds, you will win $50 ($10 x 5). But if he wins by only 2 seconds, you will lose $30 ($10 x -3).
PointsBet also offers traditional fixed odds betting for F1 races, as well as live betting and cash out features. The site has some of the best odds in the market for F1 bets, especially for points betting where you can find more value than anywhere else. PointsBet also has a user-friendly website and mobile app that make placing bets fast and easy.
As a new customer, you can get PointsBet’s welcome offer: five risk-free bets up to $50 each on your first five bets. This means that if any of your first five bets lose, you will get a refund in site credit that you can use to place another bet. PointsBet also offers regular promotions and odds boosts for existing customers.
DraftKings is one of the leading sports betting sites in the US, with a huge selection of sports and markets to choose from. The site covers Formula 1 extensively, offering odds for every race, driver, constructor, and prop bet possible. You can also find live betting and cash out options for F1 bets, as well as live streaming of some races.
DraftKings has a user-friendly website and mobile app that make placing bets simple and fun. You can also access other features like fantasy sports contests, casino games, and pools on the same platform.
As a new customer, you can get DraftKings’ welcome bonus: a 100% match up to $1,000 on your first deposit. This means that whatever amount you deposit, DraftKings will match it with site credit that you can use to place bets. DraftKings also offers regular promotions and odds boosts for existing customers.
WynnBET is a new and exciting sports betting site that is backed by the famous Wynn Resorts brand. The site offers a variety of sports and markets to bet on, including Formula 1. You can find odds for every F1 race, as well as futures bets for the drivers’ and constructors’ championships. WynnBET also offers live betting and cash out options for F1 bets.
WynnBET has a sleek and elegant website and mobile app that make placing bets easy and enjoyable. You can also access other features like casino games and rewards programs on the same platform.
As a new customer, you can get WynnBET’s welcome offer: a risk-free bet up to $100 on your first bet. This means that if your first bet loses, you will get a refund in site credit that you can use to place another bet. WynnBET also offers regular promotions and odds boosts for existing customers.
BetRivers and SugarHouse are sister sites that operate under the same license and offer the same sports betting products. The sites cover Formula 1 extensively, offering odds for every race, driver, constructor, and prop bet imaginable. You can also find live betting and cash out options for F1 bets.
BetRivers and SugarHouse have user-friendly websites and mobile apps that make placing bets easy and convenient. You can also access other features like casino games, live dealer games, and loyalty programs on the same platform.
As a new customer, you can get BetRivers/SugarHouse’s welcome bonus: a 100% match up to $500 on your first deposit. You can also earn loyalty points for every bet you place on the site, which you can redeem for free bets, cash prizes, and other rewards.
Caesars is one of the most recognizable and respected names in the gambling industry, with a long history of providing quality casino and sports betting services. The site offers a variety of sports and markets to bet on, including Formula 1. You can find odds for every F1 race, as well as futures bets for the drivers’ and constructors’ championships. Caesars also offers live betting and cash out options for F1 bets.
Caesars has a user-friendly website and mobile app that make placing bets easy and enjoyable. You can also access other features like casino games, live dealer games, and rewards programs on the same platform.
As a new customer, you can get Caesars’ welcome bonus: a $10 free bet with no deposit required, plus a 100% match up to $300 on your first deposit. You can also earn loyalty points for every bet you place on the site, which you can redeem for free bets, cash prizes, and other rewards.
Betway is one of the most popular and trusted sports betting sites in the world, with a huge presence in Europe and Africa. The site offers a variety of sports and markets to bet on, including Formula 1. You can find odds for every F1 race, as well as futures bets for the drivers’ and constructors’ championships. Betway also offers live betting and cash out options for F1 bets.
Betway has a user-friendly website and mobile app that make placing bets easy and convenient. You can also access other features like casino games, live dealer games, and esports on the same platform.
As a new customer, you can get Betway’s welcome bonus: a 100% match up to $250 on your first deposit. You can also earn loyalty points for every bet you place on the site, which you can redeem for free bets, cash prizes, and other rewards.
Betway is known for its fast payouts, which means that you can withdraw your winnings quickly and securely. Betway supports various payment methods, including credit cards, debit cards, e-wallets, bank transfers, and cryptocurrencies.
Formula 1 is one of the most exciting and thrilling sports to watch and bet on. With races taking place throughout the year on different continents, there is always something to look forward to for F1 fans and bettors alike.
If you are looking for the best F1 betting sites in 2023, you should consider the ones we reviewed above. They all offer competitive odds, generous bonuses, and a variety of betting options for Formula 1. They also have user-friendly websites and mobile apps that make placing bets easy and fun.
What is the best F1 betting site?
There is no definitive answer to this question, as different sites may suit different preferences and needs. However, some of the factors that you should consider when choosing an F1 betting site are:
Based on these criteria, some of the best F1 betting sites that we recommend are FanDuel, BetMGM, PointsBet, DraftKings, WynnBET, BetRivers/SugarHouse, Caesars, and Betway.
How do I bet on Formula 1?
Betting on Formula 1 is similar to betting on other sports. You need to register an account with an online sportsbook that offers F1 betting, make a deposit, and choose the bets that you want to place. You can find odds for various outcomes and events related to F1 races, such as race winner, podium finisher, fastest lap, head-to-head driver matchup, and more. You can also place live bets during the race and cash out your bets before the race ends.
How do I win at F1 betting?
There is no guarantee that you will win at F1 betting, as there are many factors that can influence the outcome of a race. However, you can increase your chances of winning by following some tips and strategies, such as:
What are the best F1 betting tips?
Some of the best F1 betting tips that we can give you are:
What are the best F1 betting strategies?
Some of the best F1 betting strategies that we can suggest are:
These strategies can help you make more accurate predictions and find more value bets. However, you should also be flexible and adaptable to changing circumstances and situations during a race. You should also be aware of the risks involved in F1 betting and never bet more than you can afford to lose.
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