Formula One racing is the top level of single-seater auto racing worldwide. F1 is an international sport with Grand Prix races in over 20 countries each year, including the United States.
Formula One has gained tremendous popularity here in the United States largely thanks to the Drive to Survive documentary series that sees significant viewership in the USA each year. Due to this new appreciation for the sport, F1 has added two more races in the United States with the Miami race being added in 2022 and the Las Vegas race in 2023.
On this page I will recommend our top rated betting site for Americans, look at some of the popular bets you can make on F1 races, and provide a simple 3 step guide you can follow to bet on Formula 1 online.
Best Sportsbook for US Residents
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BetOnline.ag is our top rated betting site for Americans. They are a popular and trusted betting site that is focused on the US betting market and accepts players from across the United States with no state restrictions.
BetOnline offers a wide variety of betting lines on every Formula One race.
Formula 1 Betting Options
Race Winner
The most popular bet in F1 is simply wagering on which driver will win the race. In Formula One there are typically a handful of drivers who have a real shot at the win each week. You can see this is true from the 2024 Spanish Grand Prix odds below with a big jump between the favorite Max Verstappen (-225) and Lando Norris (+500) and Charles Leclerc (+900), another big jump from these top three drivers to Lewis Hamilton (+2200), Carlos Sainz (+2500), George Russell (+2500), Oscar Piastri (+2500) and Sergio Perez (+3300) who are given an outside chance at the win, and then a huge jump to Fernando Alonso at +10000 who really has no shot at victory.
Fastest Lap
Instead of betting on the overall race winner, you can bet on which driver will record the fastest lap in the qualifying. There is a much wider variety of drivers with a real chance at winning this category and it keeps you in the bet right until the final lap.
Fastest Qualifier
Another popular bet doesn’t even involve the race. Instead you can bet on which driver will have the fastest qualifying time on Saturday and earn the pole position for Sunday’s race.
This screenshot shows the fastest qualifier odds from the Spanish Grand Prix in 2024.
Other F1 Betting Options
There are several other bets you can make on F1 races in addition to the three popular bets listed above. Here is a list of some of the other Formula 1 bets available at BetOnline.ag.
- Fastest In Practice
- Will Driver Finish in the Points?
- Will Driver Finish in Top 3?
- Will Driver Finish in Top 6?
- Will Driver Finish in Top 10?
- First Driver Retirement
- First Constructor Retirement
- Winning Manufacturer
- Head To Head Driver Betting
- Group Driver Betting
Bet On F1 From the United States – 3 Steps
Follow this three step tutorial to bet on F1 races from anywhere in the US.
Step 1. Join BetOnline.ag
Click the above link, select ‘Join Now’ on the home page and fill out the short form to open your account.
Step 2. Deposit Funds
After logging into your new account click on the ‘Deposit’ button. Select your preferred deposit method, enter your deposit amount, and follow the instructions to fund your account.
BetOnline accepts Visa, MasterCard, American Express, Bitcoin, Ethereum, other cryptocurrencies, and various other e-wallets.
Step 3. Place Your Bets
It’s time to place your Formula 1 bets!
- Click ‘Sports’ from the top navigation bar.
- Open the ‘Formula 1’ drop down menu and select the F1 Betting Market you want to wager on.
- Select the bet you want to make to add it to your Bet Slip.
- Enter your risk amount on the Bet Slip and click ‘Place Bet’ to make your wager.
Ready to bet? Click here to visit BetOnline.ag.
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