Best Formula 1 Betting Sites & Promo Codes for 2025

Formula 1’s popularity in the United States is at an all-time high. With three Grands Prix on American soil, fans have more live betting options than ever. As the sport’s following grows, sportsbooks might be offering unique promotions for the Miami, Austin, and Las Vegas races. 

On this page, you’ll find the best F1 sportsbook promos, a complete schedule, driver information, and details on the most popular Formula 1 betting types.

Bet365 Sportsbook - Best F1 Betting Site & Promo Available

Bet365 Sportsbook offers fantastic promotions, particularly for new users, which gives all users a tremendous chance to convert a small bet into a bigger bonus bet. Claim your Bet365 bonus today and check below for complete bonus offer details. 

DraftKings Sportsbook F1 Bonus

DraftKings Sportsbook, one of the most recognizable sportsbooks in the United States, offers an easy-to-navigate web platform and mobile app that makes wagering a pleasant experience. Betting in Formula 1 at DraftKings is probably where you want to do it. Few or no other sportsbooks can match the number of sportsbook bets you make at DraftKings. 

DraftKings offers excellent bonuses and promotions, especially for new users, who can enjoy top offers when betting on Formula 1.

Caesars Sportsbook - First Bet On Caesars when betting on F1

Caesars Sportsbook is well-known in the US gaming market, offering new customers various promotions and incentives. When betting on Formula 1 at Caesars the first bet is on the house. If you lose, you get if paid back in bet credits. Use our unique promo code listed below to get the best offer.

BetMGM Sportsbook - First bet paid out in Bonus Bets

BetMGM Sportsbook boasts a great platform that makes your sports betting experience fun. To be clear, if you. do not have a Bet MGM account already, go ahead and get one ASAP. If you want to be serious about Formula 1 betting. Then you need. to be registered on this platform. Use Sqores unique promo code. to lock in the best bonus.

Formula 1 bets can be quite different from the usual sports like basketball and hockey. Here are the most common bets used in Formula 1 by sportsbooks.

✅ To Win bets - Simply bet on which driver you think will win the race.

✅ Podium Finish - You place a bet that a driver will be on the podium, doesn’t matter if it’s the first, second or third.

✅ Driver Matchups - Choose which of two drivers will finish higher in an upcoming race.

✅ Prop bets - You can wager that a proposed event will either happen or not happen.

✅ Pole Position - Bet on which driver will fill the first slot in the starting grid.

✅ Future bets - This is usually betting on which driver or team will be awarded Champion at the end of the season.

You can rest assured that all sportsbooks recommended on Sqore.com have been scrutinized before getting listed and even better we only work with licensed and regulated US sportsbooks. 

But if you want to do the homework yourself, these are ten vital factors to consider before choosing your sportsbook to register and bet with. 

• Reputation and Trustworthiness: This is the first thing to consider when selecting an online betting site. Choose a site that has a strong reputation and has been around for several years. Look for licenses and regulations, too, as they provide protection and recourse should something go wrong.
• Security: Look for a site with high-level encryption technology to protect your personal and financial information. Check if the betting site has a secure URL (https://).
• Betting Markets: The best betting sites for Formula 1 should offer a broad range of markets. These could include outright winners of races and championships, podium finishes, fastest laps, qualifying positions, and more.
• Odds and Pricing: Check the odds offered by different sites. A good betting site will provide competitive odds, ensuring you get the best return for your bets.
• Live Betting and Streaming: Some of the best betting sites offer live betting, allowing you to place bets as the action unfolds. Sometimes, they may also offer live streaming of races, which is a big plus for F1 fans.
• User Experience: The site should be easy to navigate, with a clear, intuitive layout. The process should be straightforward, whether you're placing a bet, checking odds, or withdrawing your winnings.
• Customer Service: Good customer service is essential. Check if the betting site offers support through multiple channels (e-mail, phone, live chat) and whether they respond promptly and professionally to queries or issues.
• Payment Options: A great online betting site will offer various payment methods, such as credit/debit cards, e-wallets (PayPal, Skrill), bank transfers, and possibly even cryptocurrencies.
• Bonuses and Promotions: Many betting sites offer welcome bonuses to attract new customers. These can include matched bets, free bets, or deposit bonuses. Regular promotions for existing customers are also a good sign.
• Mobile Compatibility: If you enjoy betting on the go, look for a site with a well-designed, fully functional mobile app or a mobile-optimized website.

✅ Secure and Safe Payment Methods

Choose a sportsbook with reliable payment options like credit cards, e-wallets, and bank transfers. Ensure the site uses encryption to protect your financial data.

✅ Clear and Concise Terms and Conditions

Review the sportsbook’s terms and conditions carefully. To avoid surprises, ensure they are straightforward about betting rules, promotions, and withdrawal policies.

✅ Read Reviews

Read our expert sportsbook reviews on trusted sites to gauge the sportsbook’s reputation. Look for feedback on reliability, customer service, and overall user experience.

✅ Check How Fast the Payouts and Deposits Go Through

Verify the sportsbook’s processing times for deposits and withdrawals. Opt for those with quick transaction times to ensure a smooth betting experience.

Signing up is a fairly standard procedure. You will need to provide your full name, e-mail, phone number, date of birth, and the last four digits of your social security number. You will also need to choose a username and a strong password for the account and answer some security questions. 

Most sportsbooks will also ask for the state in which you are currently residing or ask you to turn the geolocation plugin on.

Once the account is registered, you might need to make your first deposit. Most sportsbooks accept all forms of payment including credit cards, debit cards, online banking, and others.