What You Need to Know About the Best Formula 1 Betting Sites
Back in the days when most sports betting revolved around football and horse racing, who would have thought that we would now be talking about best Formula 1 betting sites?
While it would be fair to say that Formula 1 betting is not one of the main betting markets which are available, there is still a high demand from punters who would like to place bets, and as a result, the markets across most sportsbooks are extremely competitive.
As all of the Formula 1 races are shown live on TV as well as the qualifying rounds, those who like to place a bet while watching an event live will find that to bet on Formula 1 is extremely entertaining.
Formula 1 Betting Markets – More Than Meets the Eye
If you were to ask anyone who had not bet on Formula 1 races before, they would probably tell you that it is just a matter of choosing the winner of a particular race and that is all there is to it.
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This viewpoint couldn’t really be further from the truth, as there is a wealth of different markets to bet on and as you would probably expect, some sportsbooks are regarded as the best F1 betting sites.
When it comes to the different markets that are available, everything from the race winner to the fastest lap and from the first driver to retire to the total number of drivers that will finish the race is priced up, so punters are able to place a bet.
It would be advisable to keep stakes small on some of these markets as they could quite easily be described as ‘fun bets’ but if you are someone who likes to combine this type of bets in the hope of securing a big payout, it might be worth considering opening accounts with the sportsbooks who offer ‘request a bet’.
They all have different names for these types of bets, but it is basically where you can contact the specialized support desk with a combination of different events and ask for odds on those selections.
Algorithms are in place which means that the odds can be quickly calculated, and when a punter achieves a large win from one of these ‘request a bet’ combinations, you can be sure that the sportsbook concerned will make sure that everyone knows about it an attempt to persuade them to use the facility and make bets of this type.
That fact in itself should tell you that these bets benefit the sportsbook as opposed to the punter so don’t be tempted to think that ‘request a bet’s are something that you could profit from over the long term. For more useful tips make sure to read our guide on sports betting.
For a bit of fun though, they are perfectly fine and as long as you realize that, they should enhance your viewing when you are watching a live Formula 1 race on TV.
Studying the Form Could Pay Dividends
It is a well-known fact that studying the form in sports such as greyhound racing can prove to be an effective way of spending your time and you may think that there is not much to study when it comes to Formula 1 racing.
You would be wrong!
While the fancied driver of a Formula 1 race might be priced at very short odds, some of the other markets can be narrowed down by the team, whether rain is expected and all sorts of other factors which can sometimes throw up betting opportunities.
The Formula 1 bettor is able to take a long hard look at the conditions as well as past form and come up with various selections which could very well give them the edge when placing their bets.
A quick search online will present you with the relevant websites which will give you all of the information that you will need to find out this kind of information, and it is also a good idea to follow Formula 1 news on Twitter as you will be able to instantly be informed of the latest weather conditions as well as any gossip.
To be perfectly honest, when choosing the best F1 betting sites, it is wise to stick to the mainstream sportsbooks as opposed to trying to do business with some of the smaller operations that are out there.
With that in mind, let’s have a look at a few of the sportsbooks which come highly recommended for Formula 1 betting purposes.
Rev up the Engine with William Hill
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You can’t really go wrong with Formula 1 betting at William Hill, as they have all of the markets covered as well as being regarded as one of the most reliable sportsbooks out there.
You will notice with William Hill that the odds which they set for Formula 1 races are always competitive and more often than not, lead the market.
They are always at the forefront when it comes to offering new and entertaining betting options, so it goes without saying that they are a sportsbook which you should have an account with.
The Formula 1 betting markets are very well set out, so navigation is no problem at all which of course is extremely useful if you are in a rush to get your bet on in time.
bet365 Shows Its Class
bet365 will also feature in most punters’ top 3 sportsbooks and in the case of Formula 1 betting, you would be pretty hard pressed to beat them.
The one concern with bet365 is that they have been known to limit bettors after a few decent sized wins, but this mainly occurs with people who they either presume are ‘in the know’ with horse racing and football bets, or punters who only use bet365 in order to take advantage of the various reload bonuses which they offer.
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- The mobile app has everything in it.
- Extensive range of sports.
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When it comes to Formula 1 betting, limiting accounts doesn’t seem to be as much of a problem so, take that factor away, you are left with a sportsbook which is absolutely full of positives.
The Formula 1 betting platform is extremely straightforward to use which means that navigation is easy and when it comes to the live chat, bet365 are in a league of their own as you will struggle to find a question which they are unable to answer.
The Formula 1 betting markets which bet365 offer are extensive and you will find that placing bets at the advertised prices is quick and easy.
Special mention must also go to the bet365 app because unlike some of the other sportsbook apps on the market, this one is not at all ‘clunky’ and it is a great way of placing Formula 1 racing bets while on the move.
It’s Not Just the Casino with 888sport!
Anyone who has been around the block a few times in the world of online gambling will probably have come across 888.com because they are quite rightly regarded as the ‘daddy’ of online casinos.
The thing is though, for a number of years they have also operated a sportsbook and for your Formula 1 betting activities, it is definitely one that you should take a closer look at because the odds on offer across the various Formula 1 betting markets are very good indeed.
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It would not be an exaggeration to say that 888sport don’t offer as many Formula 1 betting markets as sportsbooks such as bet365 but if you are one of those punters who just likes to place a basic bet before the race starts, you cannot go far wrong with 888sport.
The 888sport website has a very basic feel to it and you should be aware that Formula 1 betting can be found under the ‘Motorsports’ tab, which also displays the odds for other motorsports as well as Formula 1.
You may find that some of the f1 betting odds on offer are superior to those on other sportsbooks, but as a rule, they are more or less the same.
The live chat is ok, nothing like as good as bet365 but you will get your questions answered eventually and the agents are friendly enough.
Even though 888sport is a basic Formula 1 betting site, the parent company is first-class, and you will be dealing with a thoroughbred organization.
A Gentleman Known as Betvictor
There is no getting away from the fact that the man behind BetVictor, Victor Chandler, is about as ‘old school’ as it is possible to get in the world of online gambling.
Few other people, with the exception of Fred Done at Betfred – the owner of the bookmaking chain Betfred can claim to have such a pedigree, so it stands to sense that BetVictor’s offering for Formula 1 bettors is up there with the rest of them.
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The site is extremely easy to navigate, and as you would probably expect, a punter always feels like they are important when betting with BetVictor (if only some of the other sportsbooks out there had a similar attitude)
A special mention must be given to the BetVictor mobile app because it is just as an app should be. No flashing lights or gimmicks, just a well laid out display which allows you to find and place your bets quickly and easily.
The F1 betting odds on offer are usually competitive and there are lots of markets for you to place your Formula 1 bets on, so you won’t have any problems on that score.
All in all, BetVictor is yet another sportsbook to add to your Formula 1 betting portfolio and one which is also a great betting site to use for any other sport you wish to bet on.
So, there you have it.
Skybet Comes into Its Own
The accolade for the sportsbook which is the most focussed on Formula one betting would have to go to Skybet.
It is actually quite refreshing to see the efforts that they are putting in when it comes to Formula 1 betting because most people would agree that they seem to have made quite a name for themselves with their football betting promotions.
Their Super 6 promotion which takes place every Saturday during the football really does cause something of a frenzy, but back to Formula 1 betting – Skybet offer every market that you could ever think of, and then some. If you are the kind of bettor who likes to bet on some of the more obscure markets, Skybet is a sportsbook which you should seriously consider opening an account with.
If there is one criticism with Skybet it would be that the support can be a little slow to get back to you sometimes and they can be incorrect with the advice that they give.
It could be that they are training staff up at the moment so bear that in mind if you are asking for advice, but the staff are always extremely friendly, and you will get the answer that you are looking for in the end.
The Skybet Formula 1 betting platform is extremely easy to navigate so finding your selections is no problem at all so this would have to be another Formula 1 betting website which you would be well advised to open an account with.
A total of five sportsbooks to cater for your Formula 1 sports betting activities with each one more than meeting all of the criteria which will enable you to get involved with betting on this exciting sport.
It would be a good idea to open accounts at one or all of these sportsbooks, so you will be ready to place your bets as and when the opportunity arises and take advantage of any promotional offers which you may be able to combine with Formula 1 racing.