Best F1 Betting Sites Ireland for 2024

How Do We Rank The Best F1 Betting Sites?

To review the best betting sites for Formula 1, firstly we must consider the features to look out for. These signs are telling of whether the bookmaker is worth pursuing.

REGISTRATION	With the excitement of Formula 1, it’s no surprise that you want to get straight into the betting. As there is a Grand Prix held almost every month, setting up your account quickly is pivotal. Bookmakers have similar registration forms, asking you to input contacts details, and billing information. This shouldn’t take longer than five minutes, or include unnecessary fields.
SECURITY	When registering with a betting site, information regarding your personal information is mandatory so that they can confirm your identity. However, this data should be encrypted so as to ensure no criminals can access your contact information. In addition, two-factor authentication can help solidify this.
SAFETY	Formula 1 betting should be easy-going and fun. Your safety is of utmost priority to a bookmaker; therefore, they should be taking the necessary steps to protect you from addiction. By having limits, whether this be time out sessions or deposit maximums, the betting site shows their concern. Nonetheless, this is also your responsibility.
PROMOTIONS	Like we mentioned, Formula 1 racing can take up the best part of the year. If you are betting throughout this duration, it is worthwhile to seek promotions and offers which will financially benefit you. This includes free bets, early cash back, in-play betting, and acca insurance.
USER-FRIENDLY INTERFACE	There is no bigger let down than a bookmaker with a disappointing website. Betting from the comfort of your own home should make life easier, therefore having a site which is simple to navigate is vital. Information such as betting markets, odds, offers, and customer support should be made clear so that it is easy to find. Furthermore, bookmakers with a mobile app imply that you can bet on the go.
CUSTOMER SUPPORT	No punter looks forward to engaging with customer support, however, it creates peace in your mind to know that it is available. Good communication is vital, and the bookmaker should be easy to reach and swift to respond.

Best F1 Betting Sites for 2024

After reviewing the criteria above, we have compiled a list of the top bookmakers for Formula 1 betting. You can find their pros, cons, and general information here.

Bet365

Pros

• Generous welcome offer
• Website is interactive and easy to use

Cons

• Restrictions on limits for professional punters

bet365 is one of the biggest betting sites in the world. Their tempting offers, wide range of markets, and excellent reputation are just some of the many reasons why we recommend them as a bookmaker.

When you initially join, bet365 will award you with three times the value of your stake in free bets, between €5 and €10. You can also bet in-play, and watch their live updates on the races. As a result, you don’t have to scour the internet for research.

Ladbrokes

Pros

• Competitive welcome bonus
• Best live betting
• Solid reputation and customer service

Cons

• Limited rewards

Ladbrokes is a well-established betting site which is globally recognised. They have been prominent in the betting industry for over a century, earning them a respectable reputation. If you are looking for a reliable, and profitable bookmaker, Ladbrokes is perfect.

In Formula 1, you receive a €20 reward in the form of free bets, when you place a €5 stake. Although their rewards are comparatively lower than other sites, their markets and high odds make up for this.

888 Sports

Pros

• Good welcome bonus
• Many regular promotions and offers

Cons

• Limits professional bettors

888sports is a reliable betting site tailored especially for Irish and English punters. Their welcome offer gives you €30 in free bets on sports, and €10 in free spins to use in their casinos. To qualify, you only need to spend €10.

Additionally, 888sports has a loyalty program. For sports like Formula 1, where there are races every month, it is worthwhile to utilise this. As you will be making regular wagers, it is helpful to be rewarded for your loyalty.

BoyleSports

Pros

• Best welcome offer
• Large variety of markets
• User-friendly website and app

Cons

• Lower odds

It comes as no surprise that BoyleSports is one of the best betting sites for Formula 1 racing. Irish punters undoubtedly adore this bookmaker, especially thanks to their generous welcome offers in a variety of sports. In Formula 1, you will be awarded €60 in free bets to use in any market. This is redeemed by placing a €10 stake.

In addition, BoyleSports keeps you updated on any important news, changes in odds, and previews. This helps you with your research, will is a top betting strategy.

F1 Betting Markets

Formula 1 has one of the richest betting markets of all sports. With so many categories to choose from, becoming an expert is much easier.

Drivers’ Champion

The most sought out market in Formula 1 is drivers’ champion. This can be considered the outright winner, as it depicts which driver wins the World Championship. All points are added up, over the course of the tournament, and the winner is the one with the highest score.

Drivers’ Champion	Points & Percentage Points	Year
Max Verstappen	575 (92.7%)	2023
Max Verstappen	454 (76.174%)	2022
Max Verstappen	395.5 (69.143%)	2021
Lewis Hamilton	347 (78.507%)	2020
Lewis Hamilton	413 (75.641%)	2019

As you can deduct, the Drivers’ Champion is often concurrent. These useful statistics can help you in creating a better wager in years to come.

Race Winner

Essentially, the race winner predicts which driver will win a specific Grand Prix, instead of the World Championship. You can make this wager multiple times throughout the course of the competition, because there are as many as 24 races, hence just as many race winners.

For example, below are some of the race winners in 2023:

Race Winner	Grand Prix
Sergio Perez	Saudi Arabia
Sergio Perez	Azerbaijan
Carlos Sainza	Singapore

The remaining races were won by Max Verstappen: Abu Dhabi, Las Vegas, Sao Paolo, Mexico City, United States of America, Qatar, Japan, Italy, Netherlands, Belgium, Hungary, Britain, Austria, Canada, Spain, Miami, Monaco, Australia, and Bahrain.

Best Racing Team

The drivers who win the World Championship are part of a team. These are as following: Red Bull, Ferrari, McLaren, Mercedes AMG, Williams, Haas, Aston Martin, Alpine, Sauber, and Alpha Tauri. 

Another popular market is the race winner, which predicts which team the Drivers’ Champion will be part of. For example, from the table above, we can add a new column titled ‘racing team’.

Racing Team	Drivers’ Champion	Points & Percentage Points	Year
Red Bull	Max Verstappen	575 (92.7%)	2023
Red Bull	Max Verstappen	454 (76.174%)	2022
Red Bull	Max Verstappen	395.5 (69.143%)	2021
Mercedes	Lewis Hamilton	347 (78.507%)	2020
Mercedes	Lewis Hamilton	413 (75.641%)	2019

Top Places

Predicting first place in Formula 1 is not as complex as it normally would be for any other sport. Like we mentioned, the champion each year is often a name that is being repeated. The top rankings, however, vary more.

Depending on the betting site, a bookmaker may ask you to pick your Top 3 (podium finish), Top 5, or Top 10 (points finish) drivers. Be wary that you would need to predict them all correctly to win the wager, not a fraction of them. Hence, this market can be trickier to master, and it is worthwhile doing your research thoroughly.

Fastest Lap

The fastest lap betting market is an interesting one, because it is constantly changing. Almost every Grand Prix, a new lap is set. In this market, you can wager on the underdog, provided you check out their recent statistics. In 2023:

• Lewis Hamilton set the record in Mexico City
• Max Verstappen set the record in Abu Dhabi
• Fernando Alonso set the record in The Netherlands
• Sergio Perez set the record in Canada
• George Russel set the record in Azerbaijan
• Lando Norris set the record in Sao Paolo
• Zhou Guanyu set the record in Bahrain
• Oscar Piasti set the record in Las Vegas
• Tuki Ysunoda set the record in the United States

Driver Vs Driver Betting

Driver vs driver betting is a unique market used almost exclusively in Formula 1. It allows punters to pick two competitors and sets them in opposition. You simply have to predict which driver will finish faster. However, this is not necessarily who will win out of all 20 drivers.

Although this market has lower odds because it is less common, the bets are often easier to predict.

Over/Under Betting

The over/under betting market should be limited to professional punters, because it is usually hard to predict unless you have prior knowledge. For example, a bookmaker will list the race times and ask you to predict whether a driver will finish slower or faster than this time. It may look something like this:

Driver	Under 1:30 Odds	Over 1:30 Odds
Max Verstappen	9/1	12/1

As well as time, betting sites may have over/under betting for scores.

First Retirement

The first retirement market is an interesting type, because it is not often seen in other sports. Because Formula 1 have 20 drivers in the World Championship, this is significantly less than other competitions such as football, cricket, or golf.

As a result, the drivers are more prominent. By betting on the first driver of the season to retire, it opens up a door of possibilities. Whether this be an older, experienced driver whose career has spanned decades, or a new driver who sustained an injury, this market could be fascinating.

Strategies For Betting On F1

Before you begin betting, it is useful to have a few tips up your sleeve. The following strategies will ensure that you have a plan in place, which will help you to build up your experience and place winning wagers.

Research Drivers

Arguably the most important strategy of all, which we have mentioned throughout, is research. This is why we have placed such an emphasis on previous World Championships. Formula 1 is the most repetitive sport in terms of winners, especially because there are less teams than other competitions, and a few drivers shine through. Important elements to note include:

• Winners of past World Championships
• Winners of past Grand Prix
• Fastest lap holders (those who repeatedly set records)

As well as this, reputable betting sites post updates on any news which would affect rankings. Before you sign up, make sure that they regularly inform their customers on race news.

Prioritise Offers And Promotions

A great way to make a ‘riskless’ bet is through utilising the promotions which betting sites advertise. For example, the majority of bookmakers offer welcome bonuses for new customers to encourage their registration. Punters can then take advantage of this and sign up with multiple betting sites, raking in the bonuses. With the free bets, you can then experiment with different markets without ‘losing’ any money, despite the outcome of the wager.

Furthermore, all great bookmakers have loyalty schemes. In Formula 1 it is crucial to look out for this, as the season lasts the majority of the year. Therefore, benefitting from regular promotions is ideal.

Gamble Responsibly

As with any sports bet, gambling responsibly is imperative. There is no surefire way to make a profit, hence why it is vital to gamble with money which is disposable to you. This way, you will not find yourself at a loss.

By knowing which type of bets to be wary of, you can also save yourself hassle:

• Accumulator bets are often unattainable, unless the betting sites offers acca insurance
• Enhanced odds are astronomically inflated but this does not improve the outcome
• Betting on your favourite driver without evidence to back up the claim
• Not comparing odds from different bookmakers

Types Of F1 Betting Offers And Free Bets

There are some common betting offers that Formula 1 betting sites use. They are listed below:

Free Bets

Familiarising yourself with free bets is useful because every bookmaker advertises this promotion. Whether it be a part of the welcome package, or as an offer included in the loyalty scheme, free bets are everywhere. They may look like:

• €20 in free bets when you place a €5 stake on a race with odds 5/1 or higher
• €15 free bets each month as part of the loyalty scheme
• Surprise €10 free bets as part of the Formula 1 season

Cash Back Bets

Cash back betting is a great type of promotion offered by betting sites. In essence, it means that you can terminate your wager before the final result comes in, hence getting ‘cash back’ whilst you are still winning.

For example, you may bet on Max Verstappen to win the Miami Grand Prix. Based on his history, this would be probable. However, you notice that Charles Leclerc is matching his time. You may wish to cash out your winnings before the race is over, in the event Verstappen is beaten. Although you won’t get your entire winnings, it is a higher profit than losing altogether.

In-Play Bets

In-play betting was created as a way of helping punters use live odds to their advantage. Instead of the markets closing before the race starts, you can continue to place wagers up until the end of the competition. There are several benefits to doing this:

• Observe real-time changes which affect the race such as unexpected drivers performing well, or the usual champions performing poorly
• Feeling the adrenaline rush as the race suddenly becomes more interesting
• A new experience compared to regular betting

Enhanced Odds

Betting sites pride themselves on their odds boosts. As previously mentioned, one of our top strategies is comparing bookmakers to ensure that you find the best odds for your desired market. Consequently, you get more value from your money.

Enhanced odds are when bookmakers colossally increase betting odds. However, is it important not to fall into the trap of placing a wager just because the odds seem enticing. This can be detrimental to your finances.

When you see enhanced odds, treat them like any other bet. Ensure you have the evidence to support your wager, and only stake if it seems likely to succeed.

FAQs On F1 Betting

In closing, we hope to have shed light on Formula 1. Important elements to take away include offer, strategies, and top betting sites. Nevertheless, we have included some frequently asked questions, to review the information above.

How Do You Bet On F1?

Betting on Formula 1 is straightforward and quick. Follow the steps below:

• Compare betting sites, choose your favourite, and register. To create an account, input fill in the required fields and submit.
• On the desktop or mobile app, choose Formula 1
• Browse through the betting markets until you find good odds
• Deposit money into your account and place the stake
• Watch the race and wait for the results. Hopefully, you can cash in your earnings!

Which Are The Best Betting Sites For F1 Betting?

Our top picks for betting sites include bet365, Ladbrokes, 888 sports, and BoyleSports. This is because they demonstrate the most potential in terms of welcome offer, user-friendly interface, exceptional customer service, security, and reputation. In addition, they have regular promotions, and offer a variety of engaging features. This includes in-play betting, early cash back, bet builders, acca insurance, loyalty schemes, and other similar benefits.

Other betting sites to consider for Formula 1 betting include Novibet, Betway, Kwiff, Mr Mega, betiton, William Hill, 10bet, Coral, Bet Victor, and Mr Play.

Who Is Racing In F1 Races 2024?

The 2024 Formula 1 World Championship is as follows:

• Sergio Perez and Max Verstappen for Red Bull
• Charles Leclerc and Carlos Sainz Jr for Ferrari
• Lando Norris and Oscar Piastri for McLaren
• George Russell and Lewis Hamilton for Mercedes AMG
• Alex Albon and Logan Sargeant for Williams
• Kevin Magnussen and Nico Hulkenberg for Haas
• Fernando Alonso and Lance Stroll for Aston Martin
• Pierre Gasly and Esteban Ocon for Alpine
• Valterri Bottas and Zhou Guanyu for Sauber
• Yuki Tsunoda and Daniel Ricciardo for Alpha Tauri

What Are The Dates For The F1 2024 Races?

Beginning on 29^th February 2024 in Bahrain at the Sakhir, until Abu Dabhi at the Yas Marina on 8^th December 2024.

DATE	GRAND PRIX
29th February – 2nd March	Sakhir, Bahrain
7th March – 9th March	Jeddah, Saudi Arabia
22nd March – 24th March	Melbourne, Australia
5th April – 7th April	Suzuka, Japan
19th April – 21st April	Shanghai, China
3rd May – 5th May	Miami
17th May – 19th May	Imola, Emilia Romagna
24th May – 26th May	Monaco
7th June – 9th June	Montreal, Canada
21st June – 23rd June	Barcelona, Spain
28th June – 30th June	Spielberg, Austria
5th July – 7th July	Silverstone, United Kingdom
19th July – 21st July	Budapest, Hungary
26th July – 28th July	Spa, Belgium
23rd August – 25th August	Zandvoort, The Netherlands
30th August – 1st September	Monza, Italy
13th September – 15th September	Baku, Azerbaijan
20th September – 22nd September	Singapore
18th October – 20th October	Austin, United States of America
25th October – 27th October	Mexico City, Mexico
1st November – 3rd November	Sao Paolo, Brazil
21st November – 23rd November	Las Vegas
29th November – 1st December	Lusail, Qatar
6th December – 8th December	Yas Marina, Abu Dhabi

What Are Some Notable F1 Statistics?

Some significant statistics regarding Formula 1 include:

• Scuderia Ferrari is the team with the most wins, with at 238 races won so far
• Michael Schumacher and Lewis Hamilton have both won the World Championship 7 times
• Michael Schumacher has set the most records for fastest laps, totalling at 77
• Max Verstappen is the youngest driver to race, aged 17 at The Australian Grand Prix