Best F1 Betting Sites and Apps - July 2024

Choosing the Best F1 Betting Sites and Apps

When choosing the best F1 betting sites or sports betting apps, consider these factors:

1. Betting Options: Look for a variety of F1 bets like race winners, fastest laps, and more.
2. Odds: Make sure the site offers good odds.
3. Ease of Use: The site should be easy to navigate and use.
4. Live Betting: Check if you can bet during the race.
5. Promotions: Look for special sportsbook promos and bonuses for F1 betting.
6. Mobile Access: The site should work well on your phone.
7. Customer Support: Good customer service is important.
8. Safety: Ensure the site is licensed and secure.
9. Payment Methods: There should be convenient ways to deposit and withdraw money.
10. Reputation: Check reviews to see what others think about the site.

These factors will help you select the top sportsbooks for F1 betting.

2024 Formula 1 Betting Tips

A new Formula 1 season is ready to go with supporters already showing love and enthusiasm for their favorite teams. Millions of people around the world, tens of thousands of which are bettors as well, follow the biggest Formula 1 races. The 2024 season looks to be a two-horse-race between Ferrari and Mercedes, with other teams behind, ready to ruin the party. Every year, wagering the start of a F1 season involves a wealth of fans all over the world looking make things more exciting, meaning plenty bet on the winner of races and final world championship markets.

Top Formula 1 Betting Markets

Constructors Championship Winner

Wagering the top team of the season, you can bet this market anytime during the year thanks to bookies' dynamic odds.

Drivers’ Championship Winner

Backing the world's top driver, this market shifts throughout the year as racers emerge atop the standings.

Race Winner

Here you'll bet the driver that wins the race. New odds are offered before every race and well as during with live betting options.

Fastest Lap

This market concentrates on the driver who during a single race will complete an individual lap in the quickest time.

Pole Position

A popular market, here you wager the driver that obtains the pole position during the qualifying portion of the Grand Prix.

Top 3

A safer betting option, this market covers drivers that will take a podium position at the end of the race.

Understanding Formula 1 Odds

Bookmakers use Formula 1 odds to mirror how likely is a situation going to happen during a race or season. It’s like a roll of die when you try to predict the number that it’s going to land on. Bookmakers make their own estimation and calculate what they think is the real probability of something happening during the event. Every bookmaker offers different markets when it comes to Formula 1. Some of them traditionally offer just winners options, others give loads of opportunities, like predicting the final podium or the quickest driver of a race.

Finding Value F1 Bets

Before betting, it’s really important to identify the real value of Formula 1 odds. Consider a real opportunity to win good money placing a bet. An example is a bookmaker giving a top driver 7/2, which means that he’s considered likely to win the whole competition with a probability of 35%. If your opinion is that this driver has more chances to win the competition, let’s say around a good 70%, you should consider that one a good bet opportunity.

History of Formula 1

Formula 1 has its roots in Europe during the 1920s and 1930s, becoming a world competition in 1950. After that, an impressive number of people started following the races, supporting their favorite drivers. The 1990s represented the real change, with the introduction of technology and new aerodynamics tools that made a powerful engine just a piece of the puzzle needed to win the competition.

Duels like the one between Mika Häkkinen and Michael Schumacher form the history of the modern Formula 1, one that has generally seen main characters Ferrari and Mercedes succeed with other teams sometimes in the middle breaking the silence. In the last few years other great drivers entertained the huge number of followers that Formula 1 engages each season.

Fernando Alonso, Lewis Hamilton and Sebastian Vettel are just few names of drivers that recently battled for the highest step on the podium. Formula 1 betting is entertaining and enjoyable, with most of the bookmakers offering a large amount of betting markets and lots of in-play opportunities.

Recent Formula 1 Winners

Related Links

Indy 500

NASCAR