Bet on Formula One at BetUK

The F1 season brings some of the world’s greatest high-octane action to the global stage with both the Driver’s Championship and the Constructors’ Championship up for grabs.

With various races and awards throughout the Formula 1 season, there is an extensive range of ways to bet on the action as it unfolds.

Formula One Betting Options

Formula One Outright Bets

With the Drivers Championship, the crown jewel of the Formula One season, outright betting is one of the most popular ways to bet on Formula One.

There are 24 races, 20 drivers and 10 teams, each looking to get as close to the Formula One World Championship as possible.

Formula 1 opens up a wide selection of outright betting markets, which include:

• Drivers Championship Winner
• Constructors Championship Winner
• Race Winners
• Placements

Bet On Formula One Races

Formula One races can be vastly unpredictable for bettors.

Over the course of a Formula One season, there will be 24 races, all of which you can bet on here at BetUK.

For Formula One races, there are several markets to explore, including popular options such as:

• Race winner
• The first retirement
• The car to provide the fastest lap
• Driver vs driver head-to-head markets

The betting options are huge, and you can find odds ahead of each Grand Prix to make your predictions before the weekend action gets underway.

Most betting markets will be removed at the start of a race but a number of live betting markets are available for those who wish to place bets during a race.

Formula One Betting Strategies

You'll often find that the strategy depends on the location of the race and the weather.

Speed is one of the most important attributes, but the track can nullify speed if cars aren't particularly good at cornering or are slower at low speeds.

For example, Monaco is a great example of how betting changes depending on the track, as this racetrack makes it difficult to overtake.

Meanwhile, the Dutch Grand Prix in 2023 is a prime example of how weather can impact a race. An extremely wet weekend saw the most pit stops by drivers in a single race, and bad strategy and unfortunate crashes ruined George Russell's weekend. A good strategy saw Esteban Ocon finish on the podium, and Alexander Albon of Williams finished in the top 8.

Form also plays a large part in betting strategies, indicating which constructors might be the best to side with.

When betting on motor racing, these factors can all play an important part in the outcome, but so much more can also come into play.