Best F1 Betting Sites & Promos October 2025: Get $6,750+ in Bonuses

Written by: Carson Deveau, Betting Editor Fact checked by: Brandon DuBreuil, Head of Covers

Last Updated Oct 16, 2025, 10:51 AM ET

Brandon DuBreuil has ensured that facts presented were obtained from reliable sources and are accurate.

Using the best F1 betting sites in 2025 puts you in pole position for every betting on Formula One, which has become one of the fastest-growing sports in the U.S., thanks to the Netflix docuseries 'Drive to Survive'.

So, fasten your seat belts and fire up your engines, and read our guide outlining everything you need to know about Formula One betting, including how to sign up and sportsbook promos, F1 Grand Prix schedule, and more.

Frequently featured on: USA Today

Best F1 betting promo codes

Similar to a stellar pit crew, the Covers betting experts have leveraged our 30 years of sports betting industry experience to bring you to the top Formula 1 betting welcome promos you can claim today.

F1 betting sites ✍	Welcome bonus	Promo code ✅
⭐ BetMGM	$1,500 First Bet Offer	CVRBONUS1500
⭐ FanDuel	Bet $5, Win $300	Claim $300 without code
⭐ bet365	Bet $5, Get $200 Win or Lose or $1,000 First Bet Safety Net	COVERS CVSBONUS (CO, IL, NJ, PA, TN only)
⭐ Caesars Sportsbook	Bet $1, Double Winnings on Your Next 20 Bets	COVERS20X
⭐ DraftKings	Bet $5, Win $300 + 3 Months of NBA League Pass + $1K Deposit Match	Claim $1,300 in bonus bets
⭐ BetRivers	Up to a $500 Second Chance Bet	COVERSBONUS
⭐ Hard Rock Bet	Bet $5, Win $150 in Bonus Bets If You Win	Claim $150 without code
⭐ Fanatics Sportsbook	Up to $2,000 in No Sweat Bets FanCash	Claim $2,000 without code

Top five F1 betting sites reviewed

A good F1 racer has multiple mechanics in their crew pit, and a good bettor should be the same. Having numerous sportsbook accounts is vital when betting on Formula One, allowing you to lock in the best price for every race.

I've sped through the sports betting landscape to provide you with the top five F1 betting sites in 2025:

What makes BetMGM the best F1 betting site?

$1,500 First Bet Offer

CVRBONUS1500

Claim $1,500

BetMGM stands on the top of the podium on our list of the best F1 betting site, thanks to its comprehensive Formula One coverage, providing competitive odds for every 2025 Grand Prix race, Drivers Championship and World Championship odds, and special markets. We believe you'll be hard-pressed to find an online sportsbook that offers a more well-rounded Formula One betting experience in 2025.

Additionally, BetMGM's welcome offer — $1,500 in bonus bets — is among the best Formula One betting promotions new users promotions can secure this racing season. You just need the BetMGM bonus code 'CVRBONUS1500' and a minimum $10 initial deposit to qualify. If your wager loses, BetMGM will refund 100% of your qualifying stake, up to $1,500. The bonus is issued in 20% denominations for wagers of $50 or more, meaning if you wagered the full $1,500 and lost, you'd receive five (5) $300 bonus bets. If your qualifying wager is $49 or less, you'll get a single bonus bet. Bonus bets are not included in any winnings and expire seven days after issuance.

Read our BetMGM Review to get under the hood of this great sportsbook.

💰 BetMGM Sportsbook offer	$1,500 First Bet Offer
⏩ BetMGM promo code	CVRBONUS1500
🏎️ F1 promotions	Grand Prix odds boosts
🕒 Payout speed	Within 48 hours
📱 Mobile app	iOS and Android
✅ Last Verified	Oct. 17, 2025

2. FanDuel F1 betting site

Bet $5, Win $300

Claim $300

It is no surprise that FanDuel ranks highly on this list, as the operator is one of the top betting options in the country for F1 bets. Whether you're drawn to its user-friendly layout, fantastic sports betting app, great 'Live' section, or F1-specific promos and boosts — which never require a FanDuel promo code to claim — FanDuel Sportsbook has a lot to offer Formula One bettors in 2025.

Check out our FanDuel Sportsbook Review for an in-depth analysis.

💰 FanDuel Sportsbook offer	Bet $5, Win $300
⏩ FanDuel Promo Code	Use link above
🏎️ F1 promotions	Grand Prix outright and parlay boosts
🕒 Payout speed	Within 24 hours
📱 Mobile app	iOS and Android
✅ Last Verified	Oct. 17, 2025

3. DraftKings F1 betting site

Bet $5, Win $300 + 3 Months of NBA League Pass

Claim $300

DraftKings finds itself on the podium of top F1 betting sites in 2025. The online sportsbook typically offers juicy odds and parlay boosts for every Grand Prix event, allowing you to score lucrative profits from your regular bets on F1. We also appreciate how DraftKings is usually one of the first operators in the market to post its Formula One betting odds, providing an opportunity to great more favorable odds on a race's outcome.

Our DraftKings Review highlights more of the operator's key features, including the latest welcome bonus, which does not require a DraftKings promo code to claim.

💰 DraftKings Sportsbook offer	Bet $5, Win $300 + 3 Months of NBA League Pass
⏩ DraftKings Promo Code	Use link above
🏎️ F1 promotions	Grand Prix profit boosts
🕒 Payout speed	Within 24 hours
📱 Mobile app	iOS and Android
✅ Last Verified	Oct. 17, 2025

DraftKings responsible gaming

GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD). 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. On behalf of Boot Hill Casino & Resort (KS). Fees may apply in IL. 1 per new customer. Must register new account to receive reward Token. Must select Token BEFORE placing min. $5 bet to receive $300 in Bonus Bets if your bet wins. Min. -500 odds req. Token and Bonus Bets are single-use and non-withdrawable. Token expires 11/23/25. Bonus Bets expire in seven days (168 hours). Stake removed from payout. Terms: Promos | DraftKings Sportsbook. NBA League Pass: Subscription auto-renews monthly at then-current price (currently $16.99/mo); cancel anytime. Terms, restrictions, and eligibility requirements apply. Ends Nov. 16, 2025 at 11:59 PM ET. Sponsored by DK.

4. Caesars Sportsbook F1 betting site

Bet $1, Double Winnings on Your Next 20 Bets

Code: COVERS20X

Claim Boosts

Caesars Sportsbook offers one of the best sportsbook rewards programs in the country — Caesars Rewards — for F1 bettors. You can turn every real-money Formula One bet into points that can be later redeemed for hotel stays, dining, and more at various Caesars locations, including Las Vegas, which is home to one of the biggest Grad Prix on the F1 racing season schedule.

Read our Caesars Sportsbook Review to learn more, including how you can earn a great welcome bonus when you sign up today using the Caesars Sportsbook promo code 'COVERS20X.'

💰 Caesars Sportsbook offer	Bet $1, Double Winnings on Your Next 20 Bets
⏩ Caesars Sportsbook promo code	COVERS20X
🏎️ F1 promotions	Grand Prix odds boosts
🕒 Payout speed	Within 24 hours
📱 Mobile app	iOS and Android
✅ Last Verified	Oct. 17, 2025

5. bet365 F1 betting site

Bet $5, Get $200 Win or Lose

Code: COVERS

Code: CVSBONUS (CO, IL, NJ, TN, PA only)

Claim $200

$1,000 First Bet Safety Net

Code: COVERS

Code: CVSBONUS (CO, NJ only)

Claim $1,000

bet365 earns a position on our list of top Formula One betting options in 2025 because of its industry-leading live betting section. The days of setting your alarm to submit your F1 bets before the drivers take their position is over, as you can wager on every Grand Prix as it unfolds in real-time. Additionally, we love bet365's deep collection of F1 betting markets, including how many wins will a specific team win during a Formula One season.

Use the bet365 bonus code 'COVERS' — or 'CVSBONUS' depending on their location — to score a guaranteed welcome bonus today, which we highlight in our unbiased bet365 Review.

💰 bet365 Sportsbook offer	Bet $5, Get $200 Win or Lose
⏩ bet365 promo code	COVERS
🏎️ F1 promotions	Grand Prix SGP boosts
🕒 Payout speed	Within 24 hours
📱 Mobile app	iOS and Android
✅ Last Verified	Oct. 17, 2025

How we rate and review F1 betting sites

The sports betting market is a crowded landscape. So, allow me to be your co-pilot and highlight several important aspects that separate the best sports betting apps and sites for F1 from the pack.

Welcome bonuses and promotions

Operators will use a wide range of the best sportsbook promos and welcome bonuses — such as deposit matches, second chance bets, and no deposit bonuses — to get you to register. It is vital you thoroughly review the terms and conditions before you claim any sportsbook offer.

User experience

A sports betting site could have all the bells and whistles in the world, but it's not much use if users cannot easily access bonuses, betting markets, and winnings. Prioritize Formula 1 betting sites that have an intuitive design.

Variety of bet types

One of the most important F1 betting tips I can give is to ensure your chosen Formula 1 betting sites have an extensive range of markets for every race. Look for popular bet types, like outright winners and top 10 finish, but also for futures markets, like F1 World Driver's and Constructor's Championship odds.

Banking options

Banking should be as stress-free as a Sunday drive. The best F1 betting sites should offer a variety of banking options, such as Visa, Mastercard, PayPal, or any other of the best sportsbook deposit and withdrawal methods.

Payout speed

Similar to a driver's mindset on the track, you should be looking to complete the payout process as fast as possible. The top Formula 1 betting sites should offer quick withdrawal times that get your winnings to you within a few days and without any speed bumps.

Security

At Covers, safeguarding your personal and financial information is our top priority. That's why we subject every recommended Formula 1 sports betting site to a comprehensive evaluation using our Covers BetSmart Rating system, ensuring you have a safe and secure online sports betting experience.

Customer support

Whether you've popped a tire, blown a gasket, or just need a routine check-up, a sportsbook's customer support team is there to get you back on the road. The best F1 betting sites should be accessible via live chat, phone support, email, and an active X (Twitter) account.

How to bet on F1 races

It's time to get in the driver's seat with the best F1 betting sites in 2025. Follow the steps below to create your new sportsbook account:

Select a sportsbook

Refer to our legal sportsbook reviews to further familiarize yourself with each of the best F1 betting sites listed above. Remember: A good betting strategy is to create accounts with several operators so you can line shop and get the best price when betting on Formula One.

Register

Registering a new sportsbook account is similar across all major Formula 1 betting sites. Find the account 'sign-up' button, and enter some personal information — including your full name, date of birth, email address, and more.

It's worth noting: Some operators require you to provide your social security number (SSN) to confirm your identity. Just know that any information you share is safely stored with the sportsbook.

Deposit

Now you have to add funds to your newly created sportsbook account. Find the 'deposit' or 'cashier' button and follow the prompts. Select the vendor you are most comfortable with as your preferred payment method.

Bet

Like a car with a full tank of gas, a funded sportsbook account means that you're ready to hit the accelerator and start betting on Formula One. Research available F1 markets to discover intriguing betting lines for upcoming races. Then, add them to your betslip, enter your stake, hit confirm, and wait for them to cross the finish line.

Withdraw

Before you pop a bottle of bubbly to celebrate your successful bet, you must select your preferred withdrawal method to secure your winnings. Though it is easiest to use the same method you chose for depositing, it is not a requirement. All major vendors typically process withdrawals within one to five banking days.

Betting on F1 Grand Prix

Now that you know how to use F1 betting sites, below are the key Grand Prix race dates in the upcoming Formula 1 calendar:

Event⭐	Date🕒	Location⛅	Previous winner🏅
United States Grand Prix	Oct. 19, 2025	Texas, United States	Charles Laclerc
Mexico City Grand Prix	Oct. 26, 2025	Mexico City, Mexico	Carlos Sainz Jr.
São Paulo Grand Prix	Nov. 9, 2025	São Paulo, Brazil	Max Verstappen
Las Vegas Grand Prix	Nov. 22, 2025	Las Vegas, United States	George Russell
Qatar Grand Prix	Nov. 30, 2025	Doha, Qatar	Max Verstappen
Abu Dhabi Grand Prix	Dec. 7, 2025	Abu Dhabi, United Arab Emirates	Lando Norris

Where to bet on F1?

After claiming your welcome bonuses, you can bet on every F1 Grand Prix event at the best Formula One betting sites listed above. Simply go to the 'Formula One' or 'Motorsports' section on the navigation menu to find race lines and futures odds.

F1 betting tips and strategies

The betting opportunities arise fast and furiously for every Formula One race. I'll take you through several F1 betting tips that will help you shake and bake your way into a lucrative race day:

Home-track advantage

Similar to an NFL or NBA team having a home field advantage, every F1 driver has certain tracks where they get an additional boost. Look at the upcoming F1 races and outline the drivers that historically perform the best at these tracks to identify drivers that the market is undervaluing.

Find the best price

As mentioned numerous times in this article — if you like a particular wager, browse the available betting odds on every F1 betting site to get the best price. Refer to our F1 betting news page to ensure you're getting the most value from your bet.

Keep up with trends

Who's had a strong showing in their previous races? Has a team had recent technical issues with their cars? What has a team's dynamic been like lately? These are just a few F1 trends to keep an eye out for.

Watch for weather

No one likes to drive in the rain, especially professional F1 drivers who can reach up to 220 mph on the track. Keep tabs on the weather report every race weekend, as even the slightest amount of unwanted weather can dramatically impact a race.

Stay away from the "hype" bet

A driver performing well during qualifiers doesn't translate to an automatic podium finish. When researching a race, don't get caught up in the flashy bet appearing all over your timeline and airwaves.

Maximize bonuses

We've outlined several of the best sportsbook promos available from the top F1 betting sites. Utilize these instant bankroll boosts to help you develop your Formula One sports betting strategy.

Latest F1 betting news

Blacklisted F1 betting sites

See all blacklisted sportsbooks

We prioritize user safety, which is why we rigorously vet every sportsbook we recommend to ensure their adherence to industry safety standards. Through this process, we have identified several F1 betting sites engaged in irresponsible business practices, such as delayed payments, unfulfilled bets, inadequate customer support, and other questionable behaviors. We strongly advise avoiding the following blacklisted betting sites at all costs.

Allegations of withdrawal issues
No license information available on site
Poor customer service

Multiple reports of slow payments
Allegations of non-payments
Risk of account closure simply for winning bets

Reports of confiscated winnings
Slow customer support response times

See all blacklisted sportsbooks Arrow icon

Quick facts: F1 betting sites

Upcoming Grand Prix	United States Grand Prix
Location of upcoming race	Circuit of the Americas, Texas
Best F1 sign-up bonus	BetMGM - $1,500 in bonus bets
Where to bet on F1 in 2025?	BetMGM, Caesars Sportsbook, FanDuel, DraftKings, bet365, and more
Available bonus types	Bonus bets, deposit matches, deposit bonus
Available bet types	Race winner, fastest lap, head-to-head, podium finish, top-10 bet
2025 F1 World Driver Championship odds favorite	Oscar Piastri
Mobile apps	iOS and Android ✅
States with legal F1 betting	38 (+DC)
Legal age for F1 betting	21; 18 (MT, NH, RI, WY)

F1 betting sites FAQ

When creating our top F1 betting sites list, we looked at all major sports betting sites and assessed them based on several key factors — including F1 bet types, banking methods, mobile app, and live streaming capabilities. The sportsbooks that ranked highly in all of the key areas made it on our best F1 betting sites list.

Yes. You can safely bet on any Formula 1 race with any of the sports betting platforms listed on this page.

Yes, every F1 betting site listed offers a new-user promotion. BetMGM is our pick for the best F1 betting site welcome bonus, offering new users up to $1,500 in bonus bets when they sign up using the BetMGM promo code CVRBONUS1500.

The top F1 betting sites accept most of the common payment methods for both deposits and withdrawals, including Visa, MasterCard, and PayPal.

Yes. You are able to live bet on Formula 1 races with each of the sports betting platforms mentioned above.

You can bet on the Las Vegas Formula 1 race by downloading a sports betting apps, like BetMGM, FanDuel, and bet365.

Pages related to this topic

Carson Deveau

Betting Editor

Carson Deveau is a content editor for Covers, focusing on the commercial aspect of North America’s rapidly growing sports betting and iGaming market. Carson's passion for the industry pushes him to continue providing insightful sportsbook and iGaming reviews for bettors of all experience levels.