F1 Online Betting in the UK – Best Bookies to Bet on Formula 1 in 2024

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Peter Addison An experienced head when it comes to all aspects of iGaming, Peter is a fanatic fan of sport, including football and US sports such as baseball and American football.

Brits are petrolheads, so Formula 1 has always been popular in the UK since it commenced in 1950, as have F1 betting sites. As there are only 23 races per F1 year, it’s important that you only use the best F1 betting sites in order to put money on your F1 betting predictions.

This page will outline all the best F1 betting sites and includes F1 betting tips so you can get the most from your F1 championship betting. We’ll also find the best F1 betting odds and inform you about all the important Formula 1 betting rules.

Best Formula 1 Betting Sites Ranked

Here now is our exclusive list of all the best F1 betting sites, including details of the bonus that is available at each. Use these sites to place your monetary faith in your F1 betting tips.

The Best Formula 1 Betting Sites in the UK Reviewed

We’ve outlined to you our choices for the best F1 betting sites available to sports bettors in the UK. Here now are some expanded reviews about the top five sites that we think are the best for you to use for your Formula 1 wagers, including your F1 qualifying betting endeavours.

1.  Betstorm Formula 1 Betting – Bet £10 & Get £30 in Free Bets

We’re very happy to place Betstorm in pole position on our list of the best betting sites for Formula One betting. While we admit this site is not the prettiest you’ll ever encounter, the sports betting software the site provides is clearly the most comprehensive and speediest available anywhere. The site is always constantly updating, which makes it ideal for live betting.

The ‘F1 World Championship’ has its own section at Betstorm, so petrolheads can easily find their way to the best Formula 1 betting opportunities, with a few opportunities to bet on different aspects of F1 races, and the F1 championship overall. If you like to stretch out your motorised betting, you’ll find speedway and rally driving covered at Betstorm too.

The site also currently has a ‘Formula 1 Cashback’ deal. If you deposit £10 or more with the code ‘PODIUM’ (not including Skrill or Neteller) you’ll get 10 percent back up to £500 on all your lost Formula 1 bets!

2.  BetUK Formula 1 Betting – Deposit £10 & Get £30 in Free Bets

While some sites leap onto the internet with a huge amount of fanfare (and then fizzle out more often than not), others are slow burners, like BetUK. This easy-to-use site has been around since 2018, but it is only really in the last couple of years that it has turned into a genuine success story. Now, thousands of sports punters in the UK are turning away from the traditional big boys and are wending their way to BetUK instead.

We have to be honest and admit that the emphasis at BetUK is on football and horse racing (it is a UK-facing site after all), but coverage of Formula 1 certainly is decent enough (even if the menus are a little awkward to use). We found plenty of good race coverage, and outrights including Max Verstappen specials such as the Dutch demon driver winning the next Grand Prix by a 10 or 20 second margin! Interesting promos too, although sadly none of them were specific to Formula 1.

3.  XtremeWin Formula 1 Betting – Deposit £10 & Get £30 in Free Bets

Here at www.bettingsites.co.uk we are always on the lookout for new online bookmakers, and so we were very interested when we discovered XtremeWin. While the bigger sites seem to cater for seasoned betting fans, XtremeWin seem to cater more for the betting newb, which is great! This site has a clean and clear interface and goes about what it does with the minimum of fuss. This makes it an xtremewinner in our eyes. This site is operated by experienced sports betting company Vivaro.

Sadly, the emphasis at XtremeWin is nowhere close to other motorsports like MotoGP betting, but with a diligent search you can easily find all the wagering options for F1. Our tip here is to use the search function, rather than rely on the menus. The Formula 1 betting options will then appear and while they are a little basic, there’s enough to bet on, including individual Grand Prix winners, and outrights for the season.

XtremeWin does offer boosted odds, but when we checked they were just for football and basketball. It may though be worth your while checking for F1 boosted odds on the day of a race.

4.  Rhino Formula 1 Betting – Bet £25 & Get £25 in Free Bets

Here we come to another relatively new site, as Rhino first opened its virtual betting shop doors in 2020. This site is run by Playbook Gaming, who – unlike most other sportsbooks in the UK – are a UK company! Based in London, Rhino is the only sportsbook they run in its entirety, although they have provided the software for other sites, notably Betzone which is another site we recommend but hasn’t made it only our top ten list.

‘Formula One’ has its own section at Rhino (all other motorized sport can be found under ‘Motor Sport’ in the menus) and there are always plenty of wagering options for F1 races, and of course the usual outrights. There are better Formula 1 betting options at other sites, but if you just want to plonk a bet on the race winner (driver or constructor), then Rhino is just fine-o.

Rhino does offer price boosts, but when we looked it was just football, tennis and golf, no F1, sadly. Maybe check when the British Grand Prix swings around.

5.  LiveScore Bet Formula 1 Betting – Bet £10 & Get £20 in Free Bets

At number five on our list of the best F1 betting sites we come to LiveScore Bet. Football fans have been using LiveScore for well over a decade as it is the perfect tool for keeping track of any football match, anywhere on the face of the planet. LiveScore Bet has been launched as an extension of the impressive LiveScore site, with an identical look and feel.

Formula 1 betting is lumped in with other motor sports (Formula E, Moto GP, Rally, RallyCross and NASCAR) at LiveScore Bet, but Formula 1 takes pride of place in the section. There are outright betting options for drivers and constructors, plus season match bets and markets for each individual race. The markets expand for the popular events, such as the races in UK, Monaco and the season ending races.

How the Best Formula 1 Betting Sites Compare

So that you don’t have to pay a visit to every Formula betting 1 site we’ve recommended in order to see what is on offer, we’ve put together the most important aspects of each betting site we have selected, and given a ‘yay’ or ‘nay’ as to whether each site has them.

Bookie	Live Betting	Live Streaming*	Formula 1 Specials	Other Motorsports?

*note that for live streaming we mean live streaming in general. F1 races are only available to view on Sky Sports, with live streaming only available via the Sky Go online app.

F1 Betting Odds 2024

Here now are the latest F1 betting odds for 2024, drivers and constructors. Please check at your favoured online betting site for F1 for the very latest and most up to date odds.

Drivers

• Max Verstappen (Netherlands, Red Bull) 22/31
• Charles Leclerc (Monaco, Ferrari) 12/1
• Lewis Hamilton  (UK, Mercedes) 18/1
• Fernando Alonso (Spain, Aston Martin) 20/1
• Sergio Perez (Mexico, Red Bull) 25/1
• George Russell (UK, Mercedes) 33/1
• Carlos Sainz (Spain, Ferrari) 50/1
• Lance Stroll (Canada, Aston Martin) 300/1
• All other drivers 1,000/1 (minimum)

Constructors

• Red Bull (Austria) Evens
• Ferrari (Italy) 10/1
• Mercedes (Germany) 12/1
• Alpine (France) 300/1
• Aston Martin (UK) 350/1
• McLaren (UK) 1,000/1
• Alfa Romeo (Switzerland) 1,000/1
• AlphaTauri (Italy) 2,000/1
• Haas (USA) 2,000/1
• Williams (UK) 4,000/1

Best Strategies to Bet on F1

Betting on F1 in 2024 comes with difficulty, such is the dominence of Max Verstappen. The Dutch speed expert is so priced that you are going to have to put a lot of money on him to get anything worthwhile from the bet, and then there’s always the chance of another, lesser driver crashing into him and taking him out of the race.

So, what are the best F1 betting tips to get the most from your Formula 1 betting?

Bet without Max Verstappen

Many online sportsbooks will allow you to place a ‘without Max Verstappen’ bet. These bets are settled as if Max Verstappen was not an F1 competitor! These bets allow you to get better odds when choosing ‘winners’, as Max Verstappen does not enter into the equation. Therefore if you back Lewis Hamilton to win a race on these terms and the Brit trails into second to Verstappen, your bet is a winning one!

Currently, none of the sites on our top ten list offer ‘bet without Max Verstappen’ odds, but we know that both Bet365 and William Hill do.

Bet on a Podium Finish

If the betting site you prefer to use does not offer ‘bet without Max Verstappen’ then you should bet on a podium finish instead. You will not get as decent odds as you would on betting on a driver who is not Max Verstappen to win, but you have more chance of coming out with a winning bet.

Check out which drivers (aside from Max Verstappen of course) regularly make podium finishes. Here are the details from 2022 (number of podium finishes):

• Max Verstappen (17/22)
• Charles LeClerc (11)
• Sergio Perez (11)
• Carlos Sainz (9)
• Lewis Hamilton (9)
• George Russell (8)
• Lando Morris (1)

Bet on the Fastest Lap

Surprisingly, there is one aspect of F1 racing that Max Verstappen does not hold on Monopoly on, and that’s setting the fastest lap time. In 2022, Max Verstappen set the fastest lap time five times out of 22 races, with the honour of the fastest lap being shared among  seven other drivers. Already in 2023, the fastest lap time at the season opener in Bahrain was set by Zhou Guanyu of China, so there is always the chance of a driver who has no chance in winning the race setting the fastest lap.

Here are the details of the ‘fastest lap’ winners of 2022:

• Max Verstappen (5/22)
• George Russell (4)
• Charles LeClerc (3)
• Sergio Perez (3)
• Lewis Hamilton (2)
• Carlos Sainz (2)
• Lando Norris (2)
• Zhou Guanyu (1)

You may wish to back the driver who set the fastest lap time on a particular track the season before. Seasonal factors come into play too – in 2022 Charles LeClerc set the fastest lap in the first three races of the F1 calendar but did not set a single fastest lap time again, while George Russell set the fastest lap time in four out of the last six races.

Top New F1 Betting Sites

The latest F1 betting sites to enter the UK market are always worth checking out. They may have a new way of doing things, or there may be just something about them you like more than the site you currently habitually use. There will also be a new bonus for you to take advantage of at the bare minimum!

Here are three new or relatively new sites we think are certainly worthy of your consideration.

1. XtremeWin – Deposit £10 Get £30 in Free Bets
2. Rhino – Bet £25 Get £25 Free Bet + 25 Free Spins
3. LiveScoreBet – Bet £10, Get £20 in Free Bets

The Most Established F1 Betting Sites in the UK

While we are happy to recommend any site on our top ten list, we acknowledge that most may be unfamiliar to you, and you prefer to use the biggest names in the UK betting realm. If that sounds like you, then here are details of three ‘big names’ that we’d be happy to recommended for all your Formula 1 betting needs.

Best F1 Betting Markets

Here is our explanation of all the Formula 1 betting markets usually available for all the season’s F1 races:

Outrights

Outright bets refer to the enter F1 season. You can bet on the outright winner, or any driver to win at least a minimum number of races (0+, 2+, 3+, 5+, 7+ and so on). A season match bet will pair two drivers who are in the same team. If you back the driver out of the pair who wins the most points during the season then your bet will win.

All the same bets can apply to constructors too. Constructors may be paired for match bets as well (Haas/Williams, RedBull/Mercedes etc).

For 2024, as Verstappen and Red Bull are likely to dominate, you may find special bets where Verstappen (drivers) and Red Bull (constructers) are taken out of the equation.

Races

You can bet on a driver to win a specific race, secure a podium finish (top three) or a points finish (top ten). Some other F1 markets available to bet on (not available at all online bookmakers) are as follows:

• Fastest lap in the race
• First retirement in a race
• Fastest driver in practice
• Winning margin
• Safety car (yes/no)

UK’s Best Formula 1 Betting Offers Around

What betting offers specific to F1? There here are one or two offers that will be of the most interest to people who enjoy betting on F1 races, and F1 championship betting.

Formula 1 Betting Terms Explained

If you are new to Formula 1 betting, then here are a few terms that you may not be familiar with explained our clarified.

• Constructor – there are ten constructors for the 2023 F1 season, each having two drivers. A constructor is the team responsible for certain design elements of the cars the drivers will be driving.
• Podium Finish – finishing first, second or third in a race.
• March Bet – a ‘virtual’ bet where two drivers’ race positions will be compared. Punters need to back the better-performing driver to win the bet.
• Pole Position – at the start of each race, the cars line up in a specified grid pattern. The car at the head of the grid is in ‘pole position’. Pole position is awarded to the fastest driver during qualifying.
• Safety Car – introduced in 1993, the safety car is deployed onto the track if there is a serious-enough crash. When deployed, drivers are forbidden from overtaking the safety car or other competitors. Some Formula 1 betting sites offer a safety car yes/no bet.
• Fastest Lap – the driver who sets the best time for a lap during an F1 race. Since 2019 the fastest lap setter has been awarded a bonus point.

Our Guide to the F1 2024 Calendar

There will be 23 races in the F1 2024, with the first race in March and the final race in November. Here are the full details of the F1 2024 Calendar.

For 2023, the Qatar Grand Prix replaces the French Grand Prix while the Las Vegas Grand Prix is a new addition to the calendar.

For Brits, the most important race of all in the F1 calendar will, of course, be the British Grand Prix held at Silverstone in Northamptonshire on July 9. UK F1 fans will be hoping that one of the three Brit drivers in the 2024 championship – Lewis Hamilton, George Russell and Lando Norris – will be able to pip Max Verstappen to the chequered flag. Check out F1 betting sites for any special promotions at the time of the British Grand Prix, as special F1 deals are usually offered.

The full list of drivers for the 2024 is as follows:

• Alfa Romeo-Ferrari: Zhou Guanyu (China), Valtteri Bottas (Finland)
• AlphaTauri-Honda: Nyck de Vries (Netherlands), Yuki Tsunoda (Japan)
• Alpine-Renault: Pierre Gasly (France), Esteban Ocon (France)
• Aston Martin-Mercedes: Fernando Alonso (Spain), Lance Stroll (Canada)
• Ferrari: Charles LeClerc (Monaco), Carlos Sainz (Spain)
• Haas-Ferrari: Kevin Magnussen (Denmark), Nico Hulkenberg (Germany)
• McLaren-Mercedes: Lando Norris (UK), Oscar Piastri (Australia)
• Mercedes: Lewis Hamilton (UK), George Russell (UK)
• Red Bull-Honda: Max Verstappen (Netherlands), Sergio Perez (Mexico)
• Williams-Mercedes: Logan Sargeant (USA), Alexander Albon (Thailand)

Previous F1 Winners

Here now is a list of the winners of the Formula 1 drivers and constructors championship since 2013. The number in parenthesis indicates how many races they won.

*half points were awarded in the Belgian Grand Prix as the race was abandoned after three laps with no bonus point for fastest lap.

**shortened season due to COVID-19 restrictions

Best Formula 1 Betting Site in the UK

We hope that now with our help, you have become an Formula 1 betting expert. We’ve taught you how you can get the most from your F1 championship betting endeavours, including information about Formula 1 betting rules. We’ve also explained where to get the best F1 betting odds so that you can get the most cash back for your accurate Formula 1 betting predictions.

Out of all our F1 betting sites, we’ve chosen Betstorm as our number one. It’s a super speedy site that’s bound to set the fastest lap when it comes to betting on F1 races, and you can get cashback on all your Formula 1 betting losses for 2024. Check out Betstorm using the link below, and don’t forget to pick up your welcome bonus bet!

FAQs

Peter Addison

Sports betting writer

Peter Addison

Sports betting writer

Peter joined the BettingSites.co.uk team in 2023, having previously worked for many high-profile gambling-related sites such as RightCasino, JustSlots, WhichBingo and Gambling.com. An experienced head when it comes to all aspects of iGaming, Peter is a fanatic fan of sport, including football and US sports such as baseball and American football. He is also a multi-published fiction writer, although sadly, not a wealthy one.

All posts by Peter Addison