The Best Formula 1 Betting Sites in April 2024

💰 GoldenBet – 3+1 Free Bet Offer

For every 3 bets you place, you get 4th as a free bet. After 3 bets, press “Take Freebet”, which will automatically be awarded. To place a qualifying bet, players must bet £10 and make three combinations (maximum – 100), and each one must include at least three events with odds of at least 1.30 GoldenBet accepts payments in the form of Visa, Mastercard,  Bitcoin, Ethereum, Litecoin, XRP, Dash coin, Monero, and Tether USDT.

Max weekly limit – £7,500. Bet and payment method exclusions apply.  Free bets are paid as bet credits. T&Cs apply.

💰 Rolletto – Place 3 Bets, Get 1 Free Bet

For every 3 bets you place, you get 4th as a free bet.  After 3 bets, press “Take Freebet,” which will automatically be awarded. To qualify for this promotion, players must place three combinations with a minimum stake of £10 (maximum – 100), and each one must include at least three events with odds of at least 1.30. 

This betting platform allows for deposits and withdrawals to be made using payment methods such as Visa, Mastercard, Skrill, Neteller, Visa, and others. Rolletto also accepts cryptocurrency, including Litecoin, Ripple, and Bitcoin. The smallest amount you can deposit is £20, and the largest amount depends on the payment method you choose. T&Cs apply. 

💰 MrSloty – 400% Up To £2000 + 125 FREE SPINS

The first deposit bonus is 400% up to £2,000. Deposit a minimum of £20 to claim it. To claim the bonus, you have to use the code WELCOME1. 

A 400% match first-deposit bonus (“First-Deposit Bonus”) on the player’s first real money deposit in the casino for up to a maximum bonus of £2000. Bonuses are subject to a play-through requirement of 50x the value of the bonus unless stipulated otherwise in the promotions’ terms and conditions. All bonuses are credited after each eligible deposit using the specified promo bonus code. Bonus credits not played within 30 days of being awarded will be deemed to have expired and will be removed. T&Cs apply.

💰 MyStake – Sports Reload Bonus

The Sports Reload Bonus is a 35% bonus that is applied to any deposit made between £20 and £350. You must first activate the incentive through your account.

This needs to be done following your deposit but before placing your first wager. You have to wager on a minimum of two events with odds greater than or equal to 1.4 to meet the requirements for the Sports Reload Bonus.

💰 JackBit – Free Spins & £10 Free Bets

Wins from free spins at JackBit have a max withdrawal limit of £100. After the wins from the free spins, the remaining wins will be deducted. Winnings from free spins cannot be paid out until they have been rolled over x 10 in seven days. No requirements (like deposits) are needed to unlock the first Free Spin bonus. However, a £20 deposit is required for each subsequent Free Spin withdrawal. Bets with odds less than 1.3 will not be applied to the wagering requirement. 

💰 FreshBet – Up To £500 Bonus

The “Welcome Sportsbook Bonus” applies to all sports wagers. New accounts are only eligible for a single 100% first deposit bonus, and this promotion is only available to brand-new players who have made their first deposit and are looking to bet at odds of 1.4 minimum. There is a £20 minimum deposit needed and a £500 maximum bonus that may be awarded with this campaign. 

💰 MagicWin – 50% Up To £100

Sign-up and make a deposit using promo code: WSPORT501. Bonus + deposit is subjected to 10 times wagering. Min odds to be counted for wagering is 1.8. All winnings will be added to virtual funds until wagering is completed. Bonus balance will expire in 30 days if wagering is not met. Max Winnings from bonus is 10 times from bonus amount. Players cannot claim more than one bonus at a time. 

💰 God Odds – Sports Bonus of 100% Up To £100

Sign-up and make a deposit using promo code: SPORTS. To clear the bonus, you need to wager through both the deposit and the bonus amount five times. Qualifying bets can be made on any sport or market but must be priced at odds of 1.40. Bonus balance will expire in 30 days if wagering is not met. Players cannot claim more than one bonus at a time. 

🎁 Acca Insurance

A offer that is exclusive to accumulator bets is called acca insurance. Since just one race is held at a time and you are unable to wager on the next race in advance, you typically wouldn’t have a genuine F1 Acca bet. Nothing, though, prevents you from including an F1 wager in a standard sports betting accumulator. An accumulator bet often requires you to make a minimum number of picks at minimum odds. Usually, you will receive a free bet or have your initial investment reimbursed in cash if all of your picks fail. 

🎁 F1 Free Bets

Free bets, which are often only available to new users, are activated upon registration through a deposit. Unlocking the free bets may occasionally require entering a promo code. To withdraw any wins, you must fulfill specific wagering conditions, which are detailed in the Ts&Cs. Following their registration, existing clients may occasionally be eligible for free bets as part of loyalty programs.

🎁 Better Bookmaker Odds

Improved odds, often referred to as Price Boosts or Bet Boosts, are offered by several F1 betting sites on a few different F1 betting markets. When you encounter such great odds, it’s important to take advantage of them (as long as you believe your placed wager has a strong probability of winning, of course), since they can provide greater value than the going rate for regular odds elsewhere. 

🎁 Matched Deposit Bonus

These incentives are given to new customers of a betting website as a welcome present. Many times, welcome bonuses will be in the form of a deposit that is matched by the bonus. The bookmaker will match your original deposit up to a particular amount, which means that they will match your initial deposit. Virtually every single betting website for Formula One will provide new consumers with a welcome bonus.

F1 Betting Tips and Strategies

Although by now you should be familiar with the nooks and crannies of betting on online Formula 1 races, there is always more to learn. This is why it’s important that you know the best tips and tricks that you can use at a number of F1 betting markets and at the top Formula 1 bookmakers to earn the most money that you can get your hands on.

While they are highly proficient in the sport, the best F1 bettors use insights and data to their advantage when placing bets. Anyone can occasionally get lucky and make good money from Formula One betting, but to consistently place winning wagers, you should make an effort to get familiar with the drivers and their performances. For your advantage, Mr Betting’s Formula 1 betting specialists have compiled some of the best racing tips and strategies for you to try. 

• Observe the Track and Participants’ Seasonal Forms: Before every race, bettors need to understand two distinct forms: track form and seasonal form. Seasonal form refers to a driver’s overall performance in a given season, whereas track form reflects how a certain driver has performed at a particular circuit in prior seasons. Specific drivers are more suited for certain tracks than others, and they frequently specialise in them. For instance, Lewis Hamilton is the driver with the most victories in the British Grand Prix history, and Nico Rosberg won the Monaco Grand Prix three times in a row from 2013 to 2015.
• Beware of the Track Temperature and Course: Certain drivers are favored on specific circuits, not because of their skill level, but more of the way their car responds to the course, since various cars have different favourite tracks.
  Also, keep an eye out whether you’re betting in-play, since track temperature can quickly impact tire performance and have a change on the outcome of the race for your selected racer. Track conditions and tire selections may significantly affect a race’s outcome. When using the payout function or In-Play betting, it’s crucial to remember that a hot track can have an immediate impact on tire performance.
• Look at the Weather Forecast for the day of the race: It is crucial to check the weather prediction for the next race before placing a bet on Formula 1 races because, as already mentioned above, track temperature may have a significant effect on the result of a race. The quickest racecars frequently find it difficult to attain their maximum speeds on wet racetracks, so if rain is predicted, it might also cause major disruptions. Doing your research beforehand in the season to see which drivers perform best in rainy circumstances will also help you determine which drivers have the greatest car and most talent for those kinds of weather.

🟢 French Grand Prix

With eight victories to his name, Michael Schumacher now holds the record for most victories at the French Grand Prix.
The first Grand Prix took place in France in 1906, making it the oldest Grand Prix in the world. It may come as a surprise to learn that, during its lengthy history, the French Grand Prix has been held at sixteen distinct racetracks around France. The most recent venue is the Circuit Paul Ricard in Le Castellet.

🟢 The British Grand Prix

The British Grand Prix is the pinnacle of the Formula One season for fans in the United Kingdom. Arguably the oldest Grand Prix in Formula One history, the British Grand Prix took place at the start of the first world championship season in 1950. An F1 track located in Northamptonshire, England is the site of the annual British race. As the most successful Formula One driver at Silverstone, British Lewis Hamilton holds the record with eight victories there.

🟢 The Monaco Grand Prix

Being the only Formula One Grand Prix course to defy the FIA’s legislated minimum race distance of 305 kilometers, the Monaco Grand Prix is known for being both stylish and thrilling. Monaco’s streets are the racing surface, so technically, it’s not a track, measuring just 260 km. Six times, including five straight between 1989 and 1993, Ayrton Senna has the record of winning the Monaco Grand Prix. Due to its small layout, sharp turns, elevation changes, and, of course, the well-known tunnel, it is regarded as one of the most difficult Formula One courses. 

🟢 Italian Grand Prix

Except for the British Grand Prix, only the Italian Grand Prix has been a part of every Formula 1 season since the sport’s founding. Michael Schumacher and Lewis Hamilton are tied for the most victories at the renowned Monza Circuit in Italy, having won five each.

Final Words

Now that we have discussed the best Formula 1 betting websites, the best tips and tricks in the industry, and more, after reading all the information we have provided for you in this thorough guide, we hope you’ll have learned something new. You’ll like F1 betting if you enjoy watching Formula 1. The experience of watching a race is enhanced greatly by live betting, and placing bets online on a computer, mobile device, or tablet is quite easy. 

Always remember to bet responsibly and only bet what you can afford to lose. Make sure you bet sensibly at one of the reputable, regulated bookies listed on this page to be safe. 

Why Try F1 Betting?

These are some of the best things about betting on Formula One if you have never done so and are unsure if it’s worth it:

• Formula One races last between 90 and two hours. On a quiet Sunday afternoon, there’s nothing better than watching your selection come in on the final straight.
• Betting on Formula One offers an opportunity to profit from your predictions if you have a strong sense something will happen on race day.
• Making money off of the action during a race is possible with live betting. You might place an in-play wager if the circumstances alter or if a certain driver builds a strong lead.