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F1 Betting Sites

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The Best F1 Betting Sites In Canada In 2019

What better way to end your day than by sitting down and watching your favourite F1 drivers battle it out on the track? Make it even better by placing your bet on the best F1 betting sites for a chance to win some money!

Formula 1 Betting is one of the sports that have recently started turning heads in the sports betting industry. For some punters, F1 betting is merely a way of making the experience more thrilling while watching their favourite star battle it on the track, but for some, it is a way to generate small winnings or lump sums. In this article, we list the most trustworthy sites with loads of goodies for you as a beginner and an advanced punter.

What to Look For From F1 Betting Sites In Canada

For the longest time, the likes of Lewis Hamilton, Sebastian Vettel, and Jenson Button have kept us glued to our screens. We have screamed ourselves hoarse whenever they race while missing a few breaths whenever they take those seemingly dangerous turns that we can get enough of. Well, it’s not enough to cheer them from the edge of your seat when you can place a bet whenever your favourite racer does his thing, which is why the world has quickly taken to F1 betting sites. But which is the best F1 betting sites?

Your Safety Is Paramount

The site’s security measures is one of the essential features of a great Formula 1 site. Most F1 betting sites will require you to disclose personal information such as your ID, email, phone number and bank details. You don’t want to keep checking your back in fear that someone will use this information wrongly or that cybercriminals could access it and sweep your bank account clean.

Only share your information with F1 bookmakers that have been duly licensed to operate in your jurisdiction by the relevant government authority. Also, check that all your transactions with the site are encrypted using the latest 126-bit SSL encryption. An excellent F1 gambling platform should also have strict data handling policies.

Competitive Odds At Canada’s F1 Betting Sites

The profit margins (house edge) varies from sportsbook to sportsbook. This means that some F1 Betting sites offer better odds of winning than others. To new players, the difference in odds might appear minor and insignificant – mainly because the difference in odds are ordinarily small. However, if you are serious about making money from Formula 1 betting, even the slightest difference in odds can make a huge difference.

F1 Betting Bonuses, On-Going Promotions and Rewards

One of the beauties of Formula 1 betting is the slew of bonuses and rewards that you stand to enjoy. The best F1 betting sites welcome new players with a juicy welcome offer, but bonus F1 bets don’t stop there. Throughout your F1 betting adventure, bookmakers will reward with lots of exclusive betting deals including reload bonuses, odds boosters, loyalty rewards and more.

Other factors you should consider include payment options. The best Formula 1 site process deposits instantly through eWallets, card payments, bank transfers, cryptocurrencies and other options such as cheques. Withdrawals should be fast, and gamers should have a mélange of cash out options.

Arguably, the quality of customer support is one of the most defining factors of a formula 1 betting site. You should be able to reach the brand of your choice 24/7 using a variety of options, including phone, emails, live chat and on social media networks such as Twitter and Facebook.

Some of the best sites will give you different betting strategies and odds to make the adventure even more fun and profitable. To this end, we love websites that maintain regularly updated FAQ sections and blogs.

Popular F1 Betting Markets

The first time placing a bet on any F1 betting site may seem a little daunting, but you will get the hang of it by the third time or sooner. The sites on our list present you with odds and popular markets not only to quicken your knowledge of F1 racing and betting. Here are some of the famous markets you can bet on:

Race Winner

This is quite straightforward. You will simply bet on the winner of the race. It’s a per-race bet, and so new odds will be made available after each race. If your chosen racer wins, then you get the money and place a chance to place a bet for the next race if you wish.

Fastest Lap

This market focuses on a single lap, so you will bet on who will be the fastest per lap. As soon as that lap is done, the outcome of your bet will be announced.

Constructors Championship Winner

Now, F1 races are about individual input as well as teamwork. The Constructors Championship Winner market is focused on the performance of the team in the entire season. The F1 calendar is not always predictable, and so bookies will have new odds for this market as well as others as things change.

Drivers’ Championship Winner

Have your eyes on one driver and think they have what it takes to win after all 21 races? Then you can bet on them in this market that focuses on individual drivers. There are new odds with every race depending on where the racers stand. The sites we list here are always up to date with information concerning individual players and their teams so that you can make an informed decision at all times.

Pole Position

Pole position in F1 is the inside lane of the first row. The driver in this position, also known as the pole sitter, doesn’t have to worry about traffic as life on the inner lane is quite fun. Now, this position is earned by racing the fastest lap in the qualifying race. This market – Pole Position – is quite popular with punters as you wager on which of the drivers will be the pole-sitter after the qualifying race for the Grand Prix.

Top 3

Which three drivers do you think will end up at the podium? If you are correct, then you take home some money. The top 3 market requires in-depth knowledge of the drivers, their strengths and weaknesses.

If you are already an F1 fan, then you follow the races frequently and know the drivers. You want to watch them and read more to identify their strengths, weaknesses, how they perform individually and as a team, and under what weather conditions they thrive the most. The F1 season is long, and some of the matches are held in the rain, and so it helps to know how a driver does in different weather conditions before betting.

Live Betting in F1

In-play wagering is gaining popularity as punters realise they would rather bet as they watch the action unfold. You may not be sure about a driver, but after watching them in action, you get some clarity and decide to either place your money on them or pass. The sites we list here allow Live betting.

One of the things to consider during live-streaming is odd volatility. The odds change very fast, depending on the action. You won’t have much time to think about your chances as you would if the action wasn’t unfolding right before you. You have to be fast and accurate.

Mobile F1 Betting

You can be sure that most of these sites offer mobile betting as the owners know you cannot be tethered to a chair and desk waiting to place a bet. Mobile websites allow you to read about the drivers and planned races as well as place your bet.

Cash-out Betting

What happens when you back Lewis Hamilton for the fastest lap but you are not sure he will hold this position? He may be leading for the half of the race and then lose ground in the second half, but you want to win. The Cash-out Betting allows you to claim your winnings while the race is still hot and going your way instead of waiting till the end. You will not get the same amount of money, but you will win, which is some consolation.

Find Betting Odds Easily

You may not have the time to read the latest reports on which driver does best on the league these days,  but you still need to place your bets, right? Well, why not let your bookie give you the best odds based on research, data, and historical information about individual players since they have access to it. Just look through these odds and analyse them before a race and see how you perform. This ease of betting makes it all the more exciting and productive.

Stay Tuned for More

We analyse lots of data before coming up with updated lists of the best F1 betting sites in Canada so that you can sit back and enjoy your evenings. We only choose the best Formula 1 betting site with reputable payment reports, excellent customer care, lots of bonuses and rewards, a variety of banking options, and a host of other features. Sign up with any of the F1 Betting sites above, and enjoy lots of bonuses and promotions, have fun, and possibly win some cash while at it.

Looking For Casino Sites Or The Best New Slots?

If you’d rather find online casino sites or the latest slots, then head over to our relevant sections. Not only do we compare all the best sports betting sites and bonuses. We also love looking deep into the casino offers market to bring you the very best out there. Head over to see if there is a casino or bingo offer that’s right for you!

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