Best F1 Betting Sites in the USA 2024

F1 betting has surged in popularity, with the 2023 season attracting an average of 1.1 million American viewers across 22 races. Because of this, numerous F1 betting sites now cater to motorsports fans, offering traditional in-person wagers and online platforms.

This article explores the nuances of F1 betting, covering top motorsports betting sites, markets, live betting, key Formula 1 races, payment methods, legalities, and expert tips for maximizing profits.

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The Best F1 Betting Sportsbook List

With so many Formula 1 betting sites to pick from, each with its own pros and cons, which one should you choose and trust? The following online F1 betting sportsbooks have been selected as the best by our gambling experts. Each of these sportsbooks has its own focus service, offerings, and benefits. 

  1. BetOnline – The Best Overall F1 Betting Site for 2024
  2. Bovada – Huge Range of F1 Futures & Head-to-Head Match Bets
  3. BetWhale – Moneyline Wagers for Every Grand Prix of the 2024 Season
  4. TG Casino – Bet on F1 using the Telegram Messenger App
  5. Everygame – A Sleek, Simple, and Fast User-Interface
  6. MyBookie – Deep Grand Prix Prop Markets & Expert Analysis of Every Race
  7. BetUS – Largest Welcome Promos in the Game; Wager on Formula 1 & Formula E
  8. BetNow – Claim 2% Cash Rebates on Your Losing F1 Wagers
  9. – Get a 25% Sports Reload Bonus on Each Deposit of $100+
  10. XBet – Competitive F1 Betting Odds and Regular Specials

Best F1 Betting Sites Reviewed

We’ve reviewed the top sites for F1 betting from top to bottom so that you have a better idea as to which platforms you should consider signing up with.

1. BetOnline – The Best Overall F1 Betting Site for 2024

BetOnline - F1 Grand Prix winner

In our learned opinion, BetOnline is the most credible, trustworthy, and easy-to-use F1 sportsbook available in 2024. Its credibility stems from its decades-long history of fair gambling, early lines, and timely payouts. In addition, the platform provides an exceptional user experience on desktop and mobile devices and is simple to navigate and understand.

When it comes to betting on F1, BetOnline offers sharp odds on every Grand Prix race of the season. In addition, you can place head-to-head wagers, where you simply back one driver to win vs. another. Betting while the race is underway is also possible—just click the “Live Betting” tab and make your selection; however, if you’re returning from a hiatus, do note that the platform removed its F1 live-streaming capability in 2023. 

We are yet to see any F1-specific bonuses or competitions available at BetOnline. However, you can use the standard deposit match welcome bonus to boost your bankroll when you first sign up, and there are a variety of reload and crypto promotions that you can use to get extra cash to wager on Grand Prix races. 

  • Accessible in all US States
  • Moneyline wagers for every F1 Grand Prix race of the season
  • Back individual drivers in head-to-head matchups
  • Accepts a variety of payment methods, including cryptos
  • Easy-to-navigate user interface
  • Light fees on fiat withdrawals


2. Bovada – Huge Range of F1 Futures & Head-to-Head Match Bet

bovada - formula 1 betting lines

The Bovada Sportsbook is another online betting site with a credible heritage and decades of experience. It is very user-friendly, with an easy-to-navigate, no-thrills-attached layout that simplifies finding your markets and lines.

When it comes to F1 betting markets, Bovada probably has more depth than any other sportsbook listed in this guide. Players here can wager on the outcome of the Driver’s Championship and the Constructor’s Championship via F1 futures and place Over/Under bets on the number of seasonal race wins.

On race day, you can back the winner on the moneyline or hit up the prop market to wager on the Top 3 Finish and driver/constructor head-to-heads. In addition, Bovada is one of the few platforms to take wagers on the qualifying rounds, allowing bets on how many thousandths of a second the winning qualifying time will be. Plus, if there is a line you want that isn’t listed, comment #WhatsYaWager on and create your own!

Newcomers to this sportsbook can claim a standard and crypto deposit match welcome offer and then use that free money to wager on F1. A VIP program that awards points for bets made, which can later be converted into cash and prizes, is also available. However, there are no promotions specifically tied to F1 at this time. 

  • Accessible nationwide
  • The interface is easy to use and understand
  • Huge range of F1 futures and props
  • Wager on the F1 Grand Prix Qualifiers
  • Create your own motor-sports bets using #WhatsYaWager
  • Slightly better odds are available at rival sportsbooks


3. BetWhale – Moneyline Wagers for Every Grand Prix of the 2024 Season

betwhale new F1 sportsbook

A relative newcomer to the sports betting scene, BetWhale operates out of Amouran, Comoros. The platform impresses with its sharp, competitive odds across a stacked market of approximately 24 sports, depending on the season, and because of its excellent 50% Daily Boost promotion, which players can utilize on most sports wagers, including F1.

The betting options for Formula 1 aren’t as loaded as those found on rival platforms. Still, BetWhale does accept moneyline futures/outrights on all drivers for every Grand Prix on the racing calendar. Live betting is available, and the odds routinely rival the best found online. Away from F1, US motorsports fans will be happy to learn they can also wager on NASCAR

A further selling point of BetWhale is its vast selection of banking options. In addition to regular credit cards, players here can transact with Bitcoin, Litecoin, Solano, Ripple, BNB, and several other cryptocurrencies quickly, charge-free, and anonymously. 

  • Beginner-friendly
  • Competitive odds for every Grand Prix 
  • Access to great rewards and promotions
  • User-friendly website and app
  • Doesn’t provide enough betting options for F1


4. TG Casino – Bet on F1 using the Telegram Messenger App

tg casino - f1 betting odds

TG Casino Sportsbook is one of the best newcomers in the game and among the top choices for F1 betting as well. Exclusively available on Telegram, meaning you remain largely anonymous when playing here, this platform operates an easy-to-use and seamless betting interface. In addition, it’s one of the better sites for live betting, coming with fast-updating odds and quick navigation, which makes placing bets in real time as simple as possible.

Back to the motorsports, at TG Casino, you can back drivers to win Grand Prix races or come in the top 3. The odds aren’t as strong as at our No.1-ranked betting site, BetOnline, but multi-sport parlays are a feature. This means you can combine your F1 bets with moneyline wagers from any of the 30+ featured sports markets available – soccer, basketball, etc. In addition to the F1 racing lines, race fans will likely enjoy the variety of Indy and Stock Car betting options listed, and Rocket League esports events take place most days. 

On the more technical side, our favorite thing about this sportsbook is its unique $TGC token, which goes up in value over time. By converting your cash to $TGC when you deposit from your wallet, you immediately begin to earn a passive income that you can convert into rewards. 

  • Dedicated Telegram Messenger App casino
  • Flawless live-betting service with quick-updating live odds
  • Easy deposit and withdrawal processes, including crypto options
  • Excellent 24/7 customer service
  • US bettors will need to use a VPN to access on desktop


5. Everygame – A Sleek, Simple, and Fast User-Interface

everygame - f1 betting sites

Everygame (previously ‘Intertops‘) has been taking wagers since way back in 1996 and remains a trusted platform for sports betting in North America. It has recently upgraded its live betting interface, with players now able to follow the action using multi-screen technology, and the volume of sports markets, props, and futures has been on the rise in recent years. 

Regarding betting on F1 online, players have access to futures markets for the Drivers Championship and Constructors Championship, plus competitive odds on the moneyline for every Grand Prix race of the Formula 1 season. A unique perk of the site is that it often shows public betting sentiment among its members on the bulletin board, so you can get a feel of how the masses view an upcoming event and either jump in or fade. 

Along with the standard and crypto deposit match welcome promotions, Everygame is a solid option for parlay bonus hunters. Players here can enter weekly parlay raffles and battle it out for extra cash prizes. 

  • Excellent customer support
  • A variety of parlay promotions
  • Wager on the Drivers & Constructors Championship(s)
  • View public betting sentiment for F1 and other sports
  • Lacks F1 prop betting options


Look at some frequently asked questions and answers about F1 betting provided by our experts. 

Can you bet on F1?

Is F1 betting profitable?

How do F1 bets work?

How do I bet on F1 online?

Comparing the Best Sportsbooks

Let’s take a detailed look at the top-ranked sportsbooks and betting apps mentioned earlier and see how they compare.

Sportsbook Sign-Up Bonus Bonus Code Sports to bet on Live Betting Live F1 Streaming
BetOnline 50% deposit match up to $1,000 BET1000 25+
Bovada Deposit match up to $750 BTCSWB750 20+
BetWhale 125% deposit match welcome offer up to $1,250 WHALECOME 20+
TGCasino 200% up to 10 ETH N/A 30+
Everygame 100% deposit match up to $500 WELCOME500 15+
MyBookie 50% up to $1,000 welcome promotion + $10 casino chip MYB50 20+
BetUS 125% deposit match bonus on first three deposits + 10% gambler’s insurance JOIN125 20+
BetNow 200% crypto sign-up offer CRYPTO200 15+ 100% up to $500 on your first two deposits DOUBLEUP 25+
XBet 50$ welcome offer up to $500 XBET50 20+

F1 Betting Explained

Formula 1, or F1, is the pinnacle of single-seater motorsport racing. This category uses the latest engineering technology to produce the fastest track cars globally. Subsequently, these vehicles require the best drivers in the world to pilot them, and what you’re left with is a motorsports masterpiece. 

The sport is multifaceted, and the performance of a team or a driver is affected by many variables, for example, the skills of the driver, the performance of the pit crew, the performance of the car, the associated weather on race day, the decision making of the team principal, to name a few.

The race concept is simple, the cars are set off from a grid formation and are required to complete a set amount of laps on the race circuit, and the first car to finish is deemed the winner. Therefore, betting on this sport is as simple as its concept.

A bet could be made in the following ways: betting for the overall race winner, betting on certain drivers to finish in certain positions (3rd,5th,9th, etc.), betting on ‘head-to-head driver matchups, betting on which drivers will reach pole position (1st,2nd,3rd), and lastly, betting against which driver or racing team will finish in a certain position at the end of the race season (futures betting).

F1 Betting Markets

Take note of the different markets that you can use to bet online, as this will certainly change your outlook and the way that you bet on Formula 1 moving forward.

Ante-post Betting Market

This betting market is very simple. Bets are placed well ahead of the race before the line-up of racers or other similar factors are announced or known. These types of bets can be made a day, a week, or even months before the event.

Championship Winner

This market is for bettors who place wagers specifically for or against the overall winner of a particular F1 season. These bets are available throughout the season and even before it starts.

Constructors’ Championship

In F1, the Constructors Championship award is given to the best team of the season. This is measured on all races throughout the year and awarded to the team with the most points. The constructors’ championship betting market is simply based on this award, where bettors place wagers for and against which teams they believe will place in a particular rank at the end of the season.

Race Winner Markets

The race winners’ market is based on placing wagers against who they believe will win a particular race or, in some cases, finish on the podium.

Bonuses Available at F1 Betting Sites

All online betting sites and sportsbooks offer a range of enticing bonuses to reward their user’s involvement and loyalty. The most common types of bonuses include the ‘Match Deposit Bonus,’ the ‘No Deposit Bonus,’ and the ‘Free Bets’ bonus.

Match Deposit Bonuses

This bonus is usually offered to first-time users upon making their first deposit. The sportsbook matches your first deposit, giving you an extra boost to your balance. Plus, online sportsbooks often advertise this type of bonus before big games to attract users to their platform. 

Suppose you deposit $100 into the sportsbook account of your choice to bet on the upcoming F1 race. As it’s your first deposit on the sportsbook, a ‘matched bonus’ will match 100% of your first bet. This results in you having a $200 dollar first-bet opportunity on the upcoming race. Do note, however, that you may be required to wager at particular odds, generally +100 or above. 

No Deposit Bonuses

This bonus appears in several ways, but most regularly as a sign-up or loyalty incentive to long-standing users. In addition, online sportsbooks will use this to stimulate betting pools to attract more customers and create a more attractive betting environment for all users.

Consider the following a simple example of a ‘no deposit bonus.’ By signing up and creating an account with a certain online sportsbook for F1 betting, you will receive $100 to use on-site. This is a ‘gift’ from the sportsbook and is given to you before you’ve deposited any real money into your sportsbook account. 

Free Bets

Online sportsbooks usually award this bonus to new customers or encourage loyalty or user participation at certain times. This bonus could also be considered a ‘boost’ to stimulate users to bet more.

A ‘free bet‘ bonus works in the following way. Like a ‘matched deposit’ bonus, the user is awarded the opportunity to place a bet without the risk of losing money, essentially for free. The user places a wager with the amount granted with the ‘free bet’ bonus, say $50. If the bet is successful, the user will be paid out the winnings, and if the bet is unsuccessful, the user, for this wager, will not lose any of their personal finances.

Live Betting with Formula 1 Sportsbooks

The most common form of live betting on F1 today uses online sportsbooks like the examples discussed earlier. F1 live betting can occur in other settings like private betting clubs, wagers between friends, or sports bars and casinos. Live F1 betting in casinos and sports bars is rare. Often not the preferred method amongst consumers as the maintenance of tracking bets and fairly measuring accurate results becomes more complicated. In most cases, some type of online software, like what you would find on online sportsbooks, is used to keep track of all the information.

As mentioned, the most popular method for F1 live betting is the BetOnline online sportsbook. Here, your bets and wagers happen in real time, and the event’s security is guaranteed to a greater extent. Furthermore, while accessing the online sportsbook, you can view more detailed race statistics in real-time and place better wagers. 

Biggest F1 Races to Bet On

The biggest races in F1 to bet on are measured by the highest opportunity to profit. Amongst F1 betting enthusiasts, these races are chosen by factors such as their location, potential viewership, and position in the racing year. Here are four great Grand Prix events to keep an eye on:

Bahrain Grand Prix

Although this race is not the most popular in terms of viewership, it is the first race of the season. There exists a maximum opportunity for a surprise at the first event; the drivers are extra nervous, the teams and drivers are still working out their vehicles, and the scoreboard is empty. Regarding an opportunity to place wagers, it’s a gambling paradise.

Monaco Grand Prix

The Monaco Grand Prix has it all: prestige, viewership, and unpredictability. This race is undoubtedly the most prestigious event of the year, and it takes place on a legendary circuit through the streets of Monaco. The circuit is notoriously difficult on drivers, their vehicles, and pit crews, which provides good opportunities and interest for F1 gambling enthusiasts.

Italian Grand Prix

The Italian Grand Prix is important for several reasons. The race takes place towards the end of the season, where teams are not only exhausted from the long year but simultaneously battling away for important results to finish the season strong. The event also takes place on a prominent circuit, known for its few corners and long straight, and the event often delivers unexpected results.

Abu Dhabi Grand Prix

The Abu Dhabi Grand Prix is the final race of the season and one of the most anticipated events of the year. Here, the season champions are crowned, and the final results are locked in. For betting enthusiasts, this is their last and final shout, often, wagers have been placed on this event well in advance, and it’s the last opportunity for the year to cash out on F1 betting.

Miami Grand Prix

One of the newer circuits on the F1 calendar, the Miami Grand Prix’s inaugural race was in 2022. Still, it has rapidly become one of the most popular events, drawing in huge crowds of US and global celebrities. Red Bull’s Max Verstappen came first on the Miami podium in 2023, with a record-breaking 1.96 million American viewers tuning in to watch

Betting on F1 in the USA is legal in some states and illegal in others, depending on the laws and regulations. The same is the case when it comes to F1 betting online, as it’s entirely up to the state gambling laws on online sports betting. 

In the states where online betting is legal, all sportsbooks’ offerings are allowed, and most have approved all the betting opportunities you would expect from a sportsbook (Parlay’s, Props, Live, Futures, etc.). 

Payment Methods Available at F1 Betting Sites

All F1 betting sites (sportsbooks) provide a multitude of different options. Some smaller sportsbooks provide fewer and often lesser-used payment methods. Whereas the more prominent betting platforms offer an array of payment methods. 

Traditional Payment Methods

Traditional payment methods still exist for funding your online sportsbook account. However, with the addition of newer options, such as eWallets and crypto, traditional methods have become less and less used. Traditional methods include a physical cash deposit, submitting a written check, credit/debit card, or electronic transfer. 

The decrease in the popularity of traditional payment methods is mostly due to the withdrawal protocols that many online sportsbooks employ. In most cases, withdrawals must proceed through the same method as the original deposit. However, this can take considerably longer if done via a cash deposit or written check.


Though less commonly available at native US sportsbooks (for now), banking with cryptocurrencies is entirely possible when you register with offshore brands like BetOnline and TG Casino. 

Cryptocurrencies, like Bitcoin, operate on decentralized networks based on blockchain technology. Because of this, deposits and withdrawals are usually quicker, and players can make anonymous transactions. In addition, besides occasional, very light mining charges, there are fewer fees associated with crypto banking at online sportsbooks, meaning you get slightly more bang for your buck. 

eWallet Options

eWallets are a very popular option for F1 betting enthusiasts. eWallets offer a very safe and easy-to-use option for funding your online sportsbook, and they also offer a safe way to withdraw funds. With online security being front of mind for many internet users, particularly those depositing and withdrawing funds from online sportsbooks, eWallets offer an extra layer of protection and, ultimately, a hassle-free payment experience.

PayPal, Skrill, and Neteller are good examples of eWallets and some of the more popular and trusted eWallets. However, there are a few other trusted eWallets that betting sites accept; these include EcoPayz, Ukash, iDeal, UnionPay, Giropay, Euteller, Entropay, Entercash, ClickandBuy, and Astropay. So, as you can see, there are many options, and it’s mainly up to the user to decide which eWallet they trust.

Tips for F1 Betting

There are many F1 betting guides online, and these are usually based on opinion and individual winning strategies. However, there are a few F1 betting strategies that work across the board that you may wish to consider. Therefore, here are 5 tips to consider when betting on F1 racing.

1. Place your bets on multiple drivers in the same race

This will help you mitigate your risk and increase your opportunity to profit. Putting your eggs in one basket has never been a good idea.

2. Consider the race circuit

All F1 racing tracks are different, offering different advantages and disadvantages for drivers and particular teams. Therefore, it is wise to consider the history of drivers and teams at each circuit before placing your bets.

3. Considering the racing team and team dynamics

F1 racing victories lend themselves to various variables coming together and performing. Most would consider this solely down to the drivers’ skills; however, this is not the case. When placing bets, you need to consider the team. Make sure you consider how strong the different departments are, the pit crew’s skills, the team manager’s reputation, and the strength of skills of the racing team as one unit.

4. Qualifying times

It’s important to consider the qualifying times of each driver, but it’s not the winning betting formula! Qualifying sessions, much like race day, are affected by many factors, such as the weather, temperature, winds, and driver fatigue. These factors change from day to day and hour to hour. Therefore, when betting on F1, a good tip would be to consider the qualifying times rather than to bet solely on their results.

5. Consider long odds and underdog bets

It may be worth considering diversifying your betting portfolio with one or two wagers on less likely-to-win drivers and teams. F1 is incredibly unpredictable, and you can never know what the outcome of a particular race might be.

How to Bet on F1 Online in the USA

  1. Step 1: Sign-up

    The first step is to create an account with BetOnline. You can do this by visiting the website. Once you have reached the site, select ‘Join Now.’ Next, fill out a short form, accept the terms and conditions, and create a password.
    Step 1: Sign-up
  2. Step 2: Deposit

    You will now have access to the BetOnline site. Making your first deposit is quick and easy; simply click the ‘Banking’ button and then select your preferred deposit option.
    Step 2: Deposit
  3. Step 3: Make Your First Bet

    Once you’ve deposited an amount into your BetOnline account, you can place your first bets. So, navigate to the F1 section of the sportsbook and start betting.


It’s incredibly easy to get anxious, confused and caught up in the many options when considering opening an account with an online sportsbook and beginning your F1 betting journey. Always remember to sign up at reputed and widely used sportsbooks. Hence, we recommend platforms like BetOnline, which are highly rated and popular among F1 bettors in the USA.

Platforms like BetOnline provide a wealth of F1 betting options and a range of fiat and crypto promotions for those looking to back Hamilton, Verstappen, and Co. at every Grand Prix event of the season. The customer service is prompt and effective, and our experts also rank this sportsbook No.1 regarding value on the F1 odds. 

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