Formula 1 Betting Sites
Updated: August 21, 2025
Published: April 18, 2023
The global appeal of Formula 1 seemingly knows no bounds and as the most popular motorsport in the world, it also has a huge fan base in India.
Whilst the glitz and the glamour of F1 remains as prevalent as ever, it is the opportunities that Formula 1 provides to fans that have added to the surge in popularity of Formula 1 betting sites in India.
BONUS CODE: CRICKETEXPERT
BONUS CODE: CRICKETEX
BONUS CODE: CRICKETEXPERT
BONUS CODE: DSFDB160INR
BONUS CODE: 1CRICKETEX1
BONUS CODE: NBFDB150INR
BONUS CODE: Welcome
BONUS CODE: Welcome
BONUS CODE: CRICKETEX
BONUS CODE: CRICKETEX
BONUS CODE: NEW1XBITUSER
Best Formula 1 Betting Sites in India
Formula 1 is the most popular motorsport in India, with a huge fan base, plenty of whom look to be abreast of the latest Formula 1 betting tips.
There has been a surge in F1 betting sites catering to the Indian market in recent times, all offering some of the very best Formula 1 betting odds on the market.
Here are some of the best F1 betting sites in India.
Stake
Stake is one of the most reputable betting sites in India and it more than holds its own in the Indian Formula 1 betting market.
Firstly, Stake.com offers a modern and user-friendly interface that is easy to navigate when you are looking for the best odds and tips.
Additionally, Stake offers a variety of payment methods, including cryptocurrencies, which is not commonly found with other bookmakers, aligning with many financial trends across India, which in turn, makes it easy for you to deposit and withdraw funds from their account.
Furthermore, Stake offers a range of promotions and betting offers for both new and existing customers in the F1 sphere, which helps to enhance the overall betting experience.
Stake offers several F1-specific promotions and offers, including boosted odds on select races and F1-themed challenges. Across most races on the F1 calendar, Stake run boosted odds promotions on the race winner market, as well as the Stake challenge – where you could win a share of a prize pool by correctly predicting the race results.
Stake also offers a loyalty program where you can earn rewards for their betting activity, including F1 bets, enhancing the Stake F1 betting experience even further.
BONUS CODE: CRICKETEX
Parimatch
Parimatch also has several features that make it stand out in the congested Indian F1 betting market. One of the most notable features of Parimatch is its mobile app, which is available for both Android and iOS devices.
The Parimatch app enables you to easily place your F1 bets on-the-go and with the fast paced nature of F1 practice, qualifying and races, you can access all of the latest F1 odds easily with Parimatch.
Additionally, Parimatch serves up some of the most competitive Formula 1 betting odds on the market, which gives you maximum bang for their buck when it comes to Formula 1 betting with Parimatch.
Furthermore, Parimatch also offers several F1-specific promotions and offers, including boosted odds on select races and free bets for new customers, specifically targeted within the F1 betting market. In a similar vein to Stake, Parimatch also offers a loyalty program too, giving you the chance to earn rewards for your Formula 1 bets.
Why Bet on Formula 1?
As an Indian punter, you might be wondering why Formula 1 is worth your time and money.
Well, Formula 1 has a unique appeal that sets it apart from other racing sports. For starters, the high-speed action and high-tech cars make for an exciting viewing experience. But beyond that, Formula 1 has a level of sophistication that sets it apart from other sports.
Teams and drivers are constantly innovating and experimenting with new strategies, making it a dynamic and unpredictable sport. This, in turn, makes it an excellent sport to bet on since it keeps the odds in a constant state of flux. Furthermore, the ever-changing landscape of Formula 1 means that there are always different bets to access in the world of F1, and that variety makes it a hugely popular sport for online betting in India.
When it comes to Formula 1 betting, there are a few things you need to know and this comprehensive guide should enable you to become more informed about the cut and thrust of Formula 1 betting.
How to Bet on Formula 1?
Betting on Formula 1 can be an exciting and entertaining way to add an extra level of enjoyment to watching the races. You will find plenty of online bookmakers that offer F1 betting in India.
As with betting on any sport or event, understanding how to bet on Formula 1 is key. To get started with F1 betting, it is important to understand the basics of the sport and the different types of bets that are available.
This includes understanding the drivers and teams, the race formats, and the various betting markets that are available. It is also important to choose a reputable and reliable bookmaker that offers Formula 1 betting options, such as pre-race bets, in-play bets, and outright bets.
You can read more in our Formula 1 betting guide.
Most Popular Formula 1 Bets
With so many different types of Formula 1 bets available in India, here are some of the most popular F1 bets you should know about.
Race winner
The race winner bet is perhaps the most straightforward and popular bet type in F1. You're simply placing a bet on which driver you believe will win the race. This type of bet is best used when you have a strong feeling about a particular driver's chances of winning.
The odds for this type of bet can vary depending on the track, the driver's past performance, and the weather conditions on any given day.
Whilst there are plenty of thrills and spills in Formula 1 racing, picking the main contenders in a certain race shouldnβt be too difficult and prior research and knowledge of form is key. While this type of bet can be risky, it also has the potential for a high pay out if you correctly predict the winner.
Podium Finish
The podium finish bet involves predicting which driver you think will finish in the top three positions β therefore getting onto the podium at the end of the race. This type of bet is useful when you're not confident enough to predict the outright winner but believe that certain drivers are likely to finish in the top three.
The odds for this type of bet are generally lower than for the race winner bet, but it's less risky as you have a greater chance of winning, with any of the three spaces on the podium yielding a return.
Fastest Lap
Picking a certain driver to have the fastest lap in a race is another popular betting strategy, simply as it has no direct outcome on the race itself. This punt involves simply predicting which driver will set the fastest lap time during the race.
This type of bet is useful when you're familiar with the driver's skills, specifically at a certain track and believe that they have the speed to set the fastest lap time. It's a relatively low risk bet, as even if the driver doesn't win the race, they can still set the fastest lap time and help you win your bet.
Pole Position
Starting the race at the front of the grid gives every driver the best chance of going on to win the race itself and backing a certain driver to start the contest on pole position is another strong betting approach. This bet involves predicting which driver will secure pole position in qualifying, an event that takes place the day before the race proper.
The pole position bet is useful when you believe that a particular driver is particularly adept at qualifying or when you think the weather conditions will favour a certain driver. This bet can be riskier than others as qualifying can be unpredictable, but it can also offer a high payout if you correctly predict the pole position driver and once more, it has no definitive impact on the race itself.
Head to Head Matchup
As the types of Formula 1 bets have evolved, bookmakers are constantly looking for new ways to encourage us to bet. This type of bet involves pitting two drivers together and predicting which of the drivers will finish ahead of the other in the race.
The head to head matchup bet is useful when you believe that one driver has an advantage over the other, either due to their past performance or the track conditions. This type of bet can be low risk if you've done your research and are confident in your prediction.
First Driver to Retire
Whilst this can seem a rather pessimistic bet, predicting the first driver to retire in a race can be particularly lucrative. This type of bet involves simply predicting which driver will be the first to retire from the race.
There is a random element to this bet as a driver can just have a bump and find themselves out of contention. But there is also some knowledge required too, for example if you know that a particular driver has been experiencing mechanical issues or if you think that there might be an incident in the early stages of the race that could cause a driver to retire, it can pay off.
As mentioned, this bet is risky as it can be difficult to predict who will retire first, but it can also offer high rewards if you correctly predict the first driver to retire.
Safety Car
An unavoidable element of Formula 1 at times is the safety car, which plays its part in any race, ensuring the safety of the drivers. A safety car bet involves simply predicting whether a safety car will be deployed during the race.
This type of bet is useful when you're familiar with the track's history and know that there have been safety car incidents in the past. The odds for this type of bet can vary depending on the track, the weather conditions, and the number of drivers competing.
This can be a risky bet, as it can be challenging to predict whether a safety car will be deployed, but it can also offer a significant pay out if you correctly predict the outcome, on essentially a two-way betting market.
Otto Nino Gamez
Football betting expert
In addition to football, I am also a huge fan of Formula One. I personally prefer to place bets on bet types such as Podium Finish and Race Winner, because they are the easiest to predict. My go-to F1 betting site is 1xBet, they offer by far the largest number of betting markets for every Grand Prix.
Live Formula 1 Betting
As the most important recent trend in online sports betting, live betting has become a huge part of the Formula 1 betting landscape in India. Unlike pre-race bets, in-play bets allow you to place bets during the race itself, as the action unfolds on the track.
This means you can react to changes in the race and place bets based on real-time information, such as driver performance, pit stops, and weather conditions.
Live betting options in F1 include bets on the race winner, podium finish, pole position, fastest lap, and more. In-play bets also offer unique options, such as bets on the driver to make a pit stop within a certain number of laps or bets on whether a driver will finish the race or not.
What are Good Formula 1 Bets for Beginners?
If you're new to Formula 1 betting, it can be overwhelming to navigate the different types of bets and understand the risks involved. As a beginner, it's important to start with simple bets that are easy to understand.
The most common bets for beginners are the race winner and podium finish bets, as they involve predicting the top drivers in a race. These bets are relatively low-risk and offer a chance to get familiar with the F1 betting scene, particularly with the headline drivers that are most likely to be in the mix in each of the races.
As you gain more experience, you can start exploring more complex bets such as pole position, fastest lap, and head-to-head matchups, as each of these involve additional elements and some level of prior Formula 1 knowledge.
Remember to always do your research and stay informed about the latest developments in the Formula 1 world to make informed betting decisions.
Best Formula 1 Betting Bonuses
Such is the appeal of Formula 1 betting in India that all of the major bookmakers in the country are eager to serve up Formula 1 betting bonuses and promotions to encourage you to have a stake in the action.
Here are some of the F1 betting bonuses available for you.
Stake – Stake offers a range of ongoing promotions for F1 betting, including a weekly F1 promotion that offers free bets for customers who place qualifying bets on the race. In addition, Stake offers boosted odds on the race winter market on every race on the F1 calendar for 2024.
Parimatch – Parimatch offers a welcome bonus for new customers that can be used towards F1 betting. The Parimatch registration bonus offers a 150% match on a first deposit, up to a maximum of Rs. 12,000.
It is important to note that bonus offers for Formula 1 betting are subject to terms and conditions, such as minimum deposit requirements and wagering requirements.
Make sure to read the terms and conditions carefully before claiming any bonus offers to ensure you understand the requirements and can meet them.
Formula 1 Predictions
With a packed F1 calendar that reaches all four corners of the globe, there are plenty of chances for you to get involved with F1 betting and our regular F1 predictions and previews are on hand to keep you informed of the latest happenings in the world of Formula 1.
Our experts are on the lookout for the latest F1 betting offers and promotions and they also stay abreast of the latest form and gossip on the grid, putting you in pole position when it comes to Formula 1 betting.
F1 2023 Season Review
The 2023 F1 season has long been concluded, with Max Verstappen securing his third world championship title and Red Bull claiming their sixth world title. Reflecting on the season, it may not have been considered a classic, as Red Bull demonstrated dominance from the outset.
Verstappen's title victory came with several races to spare, marking a record-breaking performance. His achievements throughout the season stand as the greatest single-season performance by any driver in the history of the sport.
Red Bull emerged as the standout team of the season, winning 21 out of 22 races, leaving little room for competition on the grid.
BONUS CODE: CRICKETEX
What makes Red Bull's success even more remarkable is its ability to achieve such dominance despite facing constraints on development time. This positions them as strong contenders for the 2024 season.
Throughout the year, there were memorable moments and events. From drain covers causing trouble for Ferrari and Carlos Sainz during the Las Vegas Grand Prix, to McLaren's lightning-fast pitstop of 1.80 seconds, to chaotic races in torrential rain like the Dutch Grand Prix.
Qualifying battles were fiercely contested, and Daniel Ricciardo made a mid-season return, earning the nickname “Honey Badger.” The season also introduced new tracks, showcased emerging talents, and witnessed seasoned drivers making comebacks.
Who is Driving for Who in 2024?
The 2024 Formula 1 driver lineup mirrors that of the previous year, marking the first time in the championship's history that every team and driver will carry over from one season to the next.
However, this continuity is set to change in 2025, with reports of Lewis Hamilton's imminent move to Ferrari and more than half of the seats currently up for grabs.
Although numerous contracts expired at the close of 2023, all have been renewed for at least another year. Some drivers who faced potential exclusion managed to turn their performance around, such as Williams' Logan Sargeant.
Despite being consistently outperformed by Alex Albon, Sargeant bounced back from a series of errors to clinch tenth place in Austin, securing his first point. In the upcoming Las Vegas Grand Prix, he qualified seventh.
Another driver who experienced a dip in form was Sergio Perez. Despite winning two of the first four races, Perez struggled to keep pace with teammate Max Verstappen, often finding himself battling in the midfield. Nevertheless, he rallied towards the end of the season and retained his seat.
Elsewhere, AlphaTauri opted to retain Yuki Tsunoda and Daniel Ricciardo, while Liam Lawson, despite showing promise, remained sidelined.
Similarly, Mercedes, Haas, and Alfa Romeo confirmed that their lineups would remain unchanged. Furthermore, ahead of the season's commencement, Oscar Piastri, Lando Norris, and Charles Leclerc inked contract extensions.
What does a Formula 1 Grand Prix Weekend Look Like?
As an F1 fan and punter, it's important to understand the classic set up of a Grand Prix weekend to make informed betting decisions.
Keep in mind that it is possible to place bets on any events that are happening throughout the week, whether it's the free practice, qualification, sprint race or the main race. The bookmakers will have odds for all these events throughout the weekend.
Practice sessions
The weekend typically starts with three free practice sessions, two on Friday and one on Saturday morning, where drivers test their cars and track conditions. While there are no bets available for these practice sessions as such, they offer valuable insights into each team's performance and can inform your betting decisions for the rest of the weekend.
Qualifying
On Saturday afternoon, the qualifying session takes place, where drivers compete for pole position. This session is split into three parts, depending on which drivers are the fastest and gradually contenders get eliminated throughout the session, with bets available for each part.
The third part of the qualifications is usually the most exciting, as the top10 drivers are battling for pole position. The driver who sets the fastest lap time in Q3 earns pole position, which carries over to the grid for the race proper on Sunday.
Race
On Sunday, the main event of the race finally takes place. There are a plethora of different bets available, and the stakes are at their highest once itβs lights out.
Drivers compete for points based on their finishing positions, with the winner of the race earning 25 points, second place earning 18 points, and third place bagging 15 points. Points reduce incrementally all the way through to the driver that finishes in 10th position in the race itself.
Sprint weekend
As a fan of Formula 1, you may have heard about the new sprint race weekend format introduced in 2021.
Unlike the regular F1 weekend, the sprint race weekend features a unique format that includes a 100km sprint race on Saturday, with a qualifying session held on Friday to determine the grid for the sprint race. The sprint race decides the starting order for Sunday's main race and whilst the sprint race does not offer as many betting opportunities as the main race, you can still place bets on the winner, podium finishers, and fastest lap.
In addition to the traditional points awarded for the main race on Sunday, the sprint race offers points as well. The winner of the sprint race earns three points, second place earns two points, and third place earns one point.
It could be argued that this new format has added more excitement to the F1 season, as the sprint race results can significantly impact the driver and team standings and it also places increased importance on the whole weekend of Formula 1 racing, not just the race itself.
Recently, Formula 1 introduced a new Sprint Shootout format, which involves a very short qualification to determine the starting order for the sprint race. This adds another layer of excitement to the sprint race weekend, and there are plenty of betting opportunities available for the Sprint Shootout too.
What are the Most Popular F1 Events?
With history and heritage dating back to the 1950βs, the Formula 1 calendar is littered with events that are staples of the global sporting picture.
The COVID-19 pandemic impacted Formula 1 more so than most other sports, with international travel such an integral part of the way in which the sport operates.
Having taken on the mantle off the back of the pandemic, the Bahrain Grand Prix is now the curtain raising race on the calendar. Taking place in March, it provides the perfect backdrop to the beginning of another year of Formula 1 excitement.
Whilst the drivers and their teams are on a magical mystery tour for the next few months, few events in global sport compare in terms of magnitude to the Monaco Grand Prix. Traditionally held at the end of May, the Monaco Grand Prix is a race like no other, weaving through the streets of the principality at breakneck speed.
Moving through the Northern Hemisphere summer, the British Grand Prix in July is another sporting staple, held at the infamous Silverstone track before the home of Ferrari is visited at the iconic Monza circuit in Lombardy in September β playing host to the Italian Grand Prix.
Far-flung circuits in Singapore, Mexico and Brazil are visited next before the inaugural Las Vegas Grand Prix, which has been introduced in 2023 and promises to be a showcase like no other, with the season coming to an end in its now customary home of Abu Dhabi, where the results for the campaign are finalised.
F1 2024 schedule
The 2024 FIA Formula One World Championship calendar has been unveiled by Formula 1 and ratified by the World Motor Sport Council. With 24 races scheduled, the season kicks off in Bahrain on March 2nd and concludes in Abu Dhabi on December 8th.
Formula 1 is actively pursuing a strategy of regionalizing the calendar, aiming to lessen logistical challenges and enhance sustainability throughout the season.
In a move towards achieving this goal, Japan's race has been shifted to April, Azerbaijan's to September, and Qatar's scheduled back-to-back with Abu Dhabi.
This adjustment aims to optimize the race flow within certain regions. However, Formula 1 acknowledges the global nature of the championship, acknowledging that complete regionalization may not be feasible due to climatic and contractual obligations necessitating travel.
For the initial two races of the season in Bahrain and Saudi Arabia, the Grand Prix will occur on a Saturday, a decision influenced by Ramadan.
| Race | Grand Prix |
| February 29 β March 2 | Bahrain |
| March 7-9 | Saudi Arabia |
| March 22-24 | Australia |
| April 5-7 | Japan |
| April 19-21 | China |
| May 3-5 | Miami |
| May 17-19 | Emilia Romagna |
| May 24-26 | Monaco |
| June 7-9 | Canada |
| June 21-23 | Spain |
| June 28-30 | Austria |
| July 5-7 | United Kingdom |
| July 19-21 | Hungary |
| July 26-28 | Belgium |
| August 23-25 | Netherlands |
| August 30 β September 1 | Italy |
| September 13-15 | Azerbaijan |
| September 20-22 | Singapore |
| October 18-20 | USA |
| October 25-27 | Mexico |
| November 1-3 | Brazil |
| November 21-23 | Las Vegas |
| November 29 β December 1 | Qatar |
| December 6-8 | Abu Dhabi |
