Best Formula 1 Betting Sites & Apps for 2025 (Top Bonuses, Odds & Tips)

Formula 1 events and Grand Prix are popular among fans in New Zealand. If you’re looking for the best F1 betting sites for Kiwi bettors, read on to find out what they offer. This page also covers the most popular betting markets, mobile apps, expert tips, and how to find the top bookies and get started.

⭐ Sportsbet.io – Best for Crypto & Live F1 Betting

At Sportsbet.io, you can place your Formula 1 bets using 10+ cryptocurrencies like Bitcoin, Ethereum, and Tether. Claim your 100% sports welcome bonus of up to 300 USDT and bet live on all F1 events like the Australian Grand Prix, Canadian Grand Prix, and the season finale.

🎯 MrPlay Sports – Great for Regular Tournaments & Variety

Aside from F1, MrPlay Sports offers over 30 sports, including football, tennis, and basketball. You can enjoy betting on every major event and tournament with your 100% welcome bonus of NZ$100. What’s more, you can find regular bonuses and odds boosts on Formula 1 races throughout the season.

🎲 Luckster – Best for Fast Deposits & Wide Market Coverage

Your deposits at Luckster are instant, thanks to 10+ cards and e-wallets like Visa, Payz, and CashtoCode. Bet on F1 races live with a wide range of markets such as podium finish, winning margin, and other props. Join today to get a 100% bonus of up to NZ$100.

📺 Sportaza – Best for Live Streaming & F1 Bet Variety

Watch high-voltage races live on Sportaza and bet on a variety of markets like the car to set the fastest lap, the number of classified drivers, and the top 10 positions. Make your choice from over 220 betting markets to find your favourites. Claim the 100% bonus of up to NZ$200 on sign up and enjoy bonuses during the Formula 1 season.

🟢 bet365 – Most Trusted & Feature-Rich for F1 Betting

bet365 is one of the most reputable sportsbooks for Kiwi bettors. You can bet on F1 races live with race tracking, bet builder, and other unique features. For a head start, deposit at least NZ$10 to get a 100% match of up to NZ$100 in bet credits.

Depth of F1 Betting Markets

Top sportsbooks need to offer a wide range of markets, including match winner, podium finish, and fastest lap. We made sure that the bookies on our list also offer unique race and player props.

Live Betting & Streaming Options

In-play betting is a must-have. Every reputable F1 bookmaker on our list offers live betting markets with competitive and dynamic odds. Though not all platforms offer live streaming, we prioritised those that do. Plus, you can track your favourite sports match live on every site.

Bonuses and Profit Boosts for F1

We ensure that the sports betting sites we recommend offer ample bonuses and promotions for new and existing players. Plus, a good bookie should offer F1-specific bonuses, odds boosts, and parlay boosts for different races and tournaments.

Betting App Quality & In-Race Tools

Since a considerable proportion of gamblers online prefer mobile betting, we prioritise sportsbooks that offer top-notch mobile sites and apps. Intuitive bet slips and other tools and features like bet builders, early payouts, accumulator boosts, live tracking, and race-specific stats are also important.

Licensing, Safety & Responsible Gambling

We make sure that each bookmaker on our list runs under a valid licence from a reputable authority. A sportsbook must also secure players’ data through SSL and other powerful encryption technologies. There should be enough responsible gambling tools like personal limits, time-outs, and self-exclusion measures.

How to Bet on Formula 1 Races (Step-by-Step)

Getting started with Formula 1 betting online is a straightforward process. The registration procedure works similarly on all sportsbooks. Just follow our step-by-step guide below to sign up on your favourite site.

1. Choose a Formula 1 Betting Site

The first step is to pick a bookmaker that offers everything you’re looking for. If you’re new to this and don’t know how to pick a site, trust our expertise and choose an online betting site we recommend here at BetKiwi.

2. Register and Verify Your Account

Go to the site of your choice and find the sign up button. Use your personal details, including first and last names, mobile number, address, email, and password, to complete the registration. Afterwards, complete the KYC verification with valid legal documents to avoid withdrawal delays.

3. Deposit Funds (Including Bitcoin)

Next, you’ll need to deposit real money into your sportsbook account to place wagers. Go to the cashier and choose your preferred debit/credit card, e-wallet, or cryptocurrency to get started. Follow the on-screen instructions to top up your account instantly.

4. Claim the Welcome Bonus

Sign up offers are among the most popular casino bonuses in NZ. You’ll become eligible for a welcome bonus by making your first deposit or placing your first bet. Adhere to the bonus terms to get your welcome bonus.

5. Place Your First Bet

Your next stop is the list of sports betting markets on your sportsbook. Browse through the F1 races and betting options and add your favourite selections to your bet slip. Then choose how much you want to wager on each outcome to confirm your bets.

6. Track Results & Withdraw Winnings

Once you’re done placing bets, it’s your time to relax and enjoy the race. Live stream the race or track the results on the match page of your sportsbook. If you win the bets, return to the cashier and request a withdrawal by providing the necessary details.

Types of Formula 1 Bets Explained

The best F1 bookies cover a wide variety of pre-match and live betting markets. These can be as simple as picking out a winner or as tricky as predicting the winning margin. Let’s check out a few of the most popular F1 bet types.

Outright Winner

This is the classic bet type where you simply bet on the driver you think will cross the finish line first. The top teams, such as Ferrari and Red Bull, usually dominate Formula 1 outright betting. Though betting on underdogs offers big payouts, they usually have lower probabilities of winning the race.

Podium Finish

Here, you bet on a driver to finish the race within the top three positions. It’s a less risky bet than the outright winner, so the payouts are comparatively smaller, too. Many F1 betting sites even offer you odds on a driver to win or take the podium (an each-way bet).

Fastest Lap

This one’s a somewhat unpredictable market. You bet on a driver you believe will clock the single fastest lap during the race, regardless of their finishing position. It’s very popular among die-hard F1 fans and pro bettors, as it involves some strategic decisions.

Head-to-Head Driver Matchups

For this market, you pick which of the two specified drivers will finish higher in the race. These odds are commonly provided for teammates or drivers with similar cars and skill sets. It’s a great choice when a top driver starts at the back and you know that they’ll catch up fast.

In-Race Bets & Live Props

Live betting is popular for offering dynamic odds and unique props that aren’t available in pre-match betting. Some of the popular props we’ve noticed are:

• Safety car appearance (yes/no)
• First driver to retire
• Number of classified finishers (exact or over/under)
• Winning margin

Formula 1 Live Betting Sites & In-Race Markets

Formula 1 live betting allows you to place wagers during the race, so you can respond to events in the race in real time. In this section, we’ll go over how in-play betting works and where you can place such wagers.

How Live F1 Betting Works

Dynamic odds and unique props characterise in-play betting. Dynamic odds constantly adjust in real time to reflect different events in the race, such as crashes, strategy shifts, and weather changes. So, you must stay active during the race to make the most of these limited-time prop markets.

Top Sites with Live Betting Tools

When it comes to intuitive tools and features, no one can beat Bet365. You can get real-time updates and notifications via the mobile app while using the bet builder and early cashout options.

Sportsbet.io is another top choice where you’ll find live stats and tracking features to aid your bets. It also offers early cashouts, bet builders, and competitive odds on live props.

In-Race Momentum Shifts to Watch For

Several in-play events can shift the momentum of the race, causing the live betting odds to change. These events include:

• Safety car deployment
• Pit-stop timing
• Tyre choice and performance
• Mechanical issues
• Driver retirements
• Weather shifts
• Mid-race strategy shifts

Formula 1 Betting with Bitcoin & Other Crypto

If you’re looking forward to Formula 1 betting with Bitcoin, you’ll be glad to know that you have lots of options available. Let’s dive a little deeper into crypto F1 betting.

Top Crypto Sportsbooks for F1

Crypto sportsbooks are often the best minimum deposit gambling sites, as they allow for a wide range of transaction limits. Sportsbet.io is a great example where you can choose from Bitcoin, Ripple, Dogecoin, and 10 other cryptocurrencies.

Fast Payouts & Anonymity Considerations

Thanks to blockchain technology, crypto transactions are almost instantaneous. So, you don’t have to wait for 24 hours, which is the typical processing time for most online bookies. Plus, with crypto payments, you don’t need to provide your personal or banking details. Just a wallet ID is enough, so you stay anonymous.

F1 Betting Tips & Strategies That Actually Work

The momentum of a Formula 1 race can change depending on in-race events, so you have to adjust your betting strategy accordingly. Below are a few F1 betting tips to help you along the way.

Analyse Circuit-Specific Driver Form

Review each driver’s historical performance on the upcoming circuit. Some tracks favour precision driving while others are better for teams with great straight-line speed. Consider recent upgrades and team developments that can affect the outcomes of a race.

Factor in Weather and Tyre Strategies

Weather is a crucial factor in many sports, including Formula 1. Sudden rain can dramatically shift the momentum of a race. Tyre wear is another dictating factor in F1, as different circuits suit different tyre strategies. Follow tyre degradation trends on specific tracks and weather conditions to stay ahead.

Track Qualifying Pace vs. Race Day Results

In narrow circuits where overtaking is minimal, qualifying pace is often a strong predictor of the race day results. On the other hand, open tracks allow for more breathing space, and drivers who qualify late can still get an advantage with better strategy and tyre management. Also, tyre wear in qualifying races can help you predict tyre wear on race day.

Use Live Markets to Hedge or Double Down

Instead of chasing losses, use live betting markets to double down when racing dynamics change unexpectedly to your favour. As many in-race markets reset with every lap, they can offer high value to sharp bettors.

Where to Find the Best F1 Odds Right Now

You’ll find the best odds at the top sports betting sites on our list, but if you’re looking to shop for odds yourself, start by comparing lines on different sites. You’ll also get help from tools and notifications, which we’ll review in the following sub-sections.

How to Compare F1 Odds Across Sites

Convert odds from different bookies into the format (decimal/fractional/American) you’re most comfortable with. Then calculate your payouts and profits for these odds to find the one with the best value. You can also rely on online tools to get the job done for you.

Dynamic vs. Fixed Odds for Formula 1

Fixed odds are locked in when you place your pre-race bets. Dynamic odds, on the other hand, shift in real time depending on how the race progresses. This allows you to react to the shifting odds and adjust your bets and betting strategy in response to real-time events in the race.

Tools for Finding the Best Value

The easiest way is to read our sportsbook reviews to learn which operators excel at what perks. However, there are odds calculators and aggregators online that can aid you in finding the best value for your F1 bets. Plus, mobile betting apps notify you when an odds boost promo is active, so you can grab the chance to get higher values.

Biggest F1 Events for Betting in 2025

Now that you know how to bet effectively and where to find the best odds, let’s learn a bit about the most popular Formula 1 events of the year.

Monaco Grand Prix

The Monaco Grand Prix, held annually in Monte Carlo, is the most prestigious event on the F1 calendar. It’s the most famous race because of its difficulty, so it offers unique and lucrative betting opportunities.

British Grand Prix

The British Grand Prix is held at the Silverstone Circuit in the UK. This one is known for its challenging track and unpredictable weather. So, there are a lot of opportunities to place strategic bets.

Italian Grand Prix

This is one of the oldest Grand Prix, held at the Autodromo Nazionale Monza, the fastest F1 track. The Italian Grand Prix is nicknamed “The Temple of Speed” for the circuit’s long straights and high-speed corners.

U.S. Grand Prix

The U.S. Grand Prix was originally known as the American Grand Prize and was hosted at various tracks throughout the country. Since 2012, it has been primarily held at the Circuit of the Americas in Austin, Texas. It is known for its challenging track and record-breaking attendance, mainly due to its popularity.

Abu Dhabi Grand Prix (Season Finale)

The Abu Dhabi Grand Prix is unique for its night-time setting. As it’s the season-ending race, it attracts the highest volume of F1 bettors. The race takes place at the Yas Marina Circuit in Abu Dhabi, United Arab Emirates, along with a week-long festival.

Responsible Gambling for F1 Betting

Gambling can be addictive. So, whether you’re betting on the Monaco Grand Prix or the season finale, we always advise you to bet responsibly. Let’s find out how to keep your gambling habits in check.

Setting Limits

At NZD gambling sites, you can set different types of personal limits, such as deposit limits, bet limits, loss limits, session limits, etc. Use these tools to set your limits and stay within those limits at all costs.

Recognising Signs of Problem Gambling

When it comes to problem gambling, awareness is key. If you’re unsure of your betting habits, look for these warning signs:

• Constant preoccupation with betting and planning your next wager
• Chasing losses by risking more to recover
• Spending beyond your means, like borrowing money or skipping bills
• Secrecy, hiding your gambling from friends or family
• Changes in mood, such as irritability, anxiety, or depression, are linked to betting

Tools & Helplines You Can Use

If your gambling habits are getting out of hand, try using cool-off or self-exclusion tools to stay out of betting for some time. When in need, don’t hesitate to reach out to these responsible gambling organisations that are available 24/7:

• Gambling Helpline: Call 0800 654 655 or text 8006
• Māori Gambling Helpline: 0800 654 656
• Pasifika Gambling Helpline: 0800 654 657
• Gambling Debt Helpline: 0800 654 658
• Youth Gambling Helpline: 0800 654 659

Final Verdict – What’s the Best Formula 1 Betting Site for You?

We’ve only covered the best betting sites for F1 in this guide that offer you the most popular and unique markets with competitive odds. But if you’re wondering which one suits you best, check out our suggestions below.

Best for Beginners

Sportaza is ideal for beginners, as it provides the entire package on a single page. With its live streaming features, you can place your live bets while watching the key events on the screen.

Best for Odds & Markets

Luckster offers the widest coverage of pre-race and live betting markets. Whether you want to bet on the winner or the top 10, this bookie gives you the best odds for any F1 market.

Best for Crypto Bettors

If you’re into crypto sports betting, Sportsbet.io is your best shot, as it accepts more than 10 cryptocurrencies. You can enjoy fast, secure deposits and withdrawals while being anonymous.

Best Mobile Experience

bet365 is the best for mobile bettors with its user-friendly sportsbook apps. You can bet on your favourite F1 races live on the go and get notifications for key events and odds shifts.