🏎️ Formula 1 Betting Sites and Apps in 2025

If you’re betting on F1 in Canada, we’ve reviewed over 40 betting apps and sites to bring you the top 5. These platforms offer fast withdrawals, generous bonuses, responsive customer support, and extensive F1 betting markets. Let’s take a closer look at our top picks!

We thoroughly reviewed over 24 F1 sportsbooks to help you with choosing a betting site in Canada. After an in-depth search, Qbet, known for its deep betting market and fast responsive customer support, emerges as the overall best for Formula 1 betting with a 9.8/10 rating. Following closely is Boomerang.bet (9.6/10) while third on our list is Dream.bet (9.2/10)

1. Qbet – Best for deep betting options

   

   

   Qbet

   100% Welcome bonus up to C$200

   * 18+ T&C apply, GambleAware.org

   Get bonus

   Qbet excels at providing very deep betting markets for F1. Its customer support team is also top-notch – we tested how responsive the live chat is and realized that users typically get responses in less than 2 minutes. Qbet’s odds are unmatched. For instance, the odds for the F1 event between Lewis Hamilton and Lando Norris were 7.0 for Lewis and 3.25 for Lando, which was 6.90 and 3.10 on other betting sites. 

   • Offers over 5000 betting markets
   • Responsive live chat
   • Unmatched odds
   • Wide variety of existing user bonuses

   • No live stream features
   • Live betting sections can be better
   • Desktop version lags
   Qbet review

2. Boomerang-bet – Best F1 betting app

   

   

   Boomerang-bet.com

   100% Welcome bonus up to C$150

   * 18+ T&C apply, GambleAware.org

   Get bonus

   Boomerang-bet is known for the exceptional mobile experience by providing a dedicated mobile app for Android (4.4/5 rating) and iOS (4.8/5 rating) devices. The mobile app gives bettors access to all of the sportsbook’s offerings, including live betting and pre-match sections. If you create a new account here, you’re eligible to claim a 100% welcome bonus up to CAD150. However, your first deposit must be at least CAD30 to qualify.

   • Android and iOS devices
   • Offers localized payment options
   • Offers deep betting markets on F1
   • 100% welcome bonus up to CAD150

   • Website design is not that impressive
   • No live streaming features
   • Registration process can be better
   Boomerang-bet.com review

3. Dream.bet – Comprehensive F1 live betting

   

   

   Dream.bet

   100% Welcome bonus up to C$150

   * 18+ T&C apply, GambleAware.org

   Get bonus

   Dream.bet stands out for its comprehensive live betting section, making it a great choice for F1 fans who enjoy real-time action. The site provides a wide variety of prematch F1 betting options, including race winning, podium finish, top 6 finish, and fastest lap. Some live betting options you can wager on include the next driver to pit, live head-to-head, and live race winner.

   • Comprehensive F1 live betting
   • Easy-to-use website
   • Deep F1 betting markets
   • Supports local payment options

   • No dedicated mobile app
   • No live betting section
   • Bot live chat
   Dream.bet review

4. Quickwin – 100% Welcome bonus up to CAD150

   

   

   Quickwin

   100% Welcome bonus up to C$150

   * 18+ T&C apply, GambleAware.org

   Get bonus

   Quickwin offers an impressive range of motorsports betting options, with a strong focus on Formula 1. It doesn’t matter if you're looking to bet on Grand Prix races, qualifying sessions, or even podium finishes; Quickwin has you covered. As a new bettor, you can kickstart your F1 betting journey with a 100% deposit bonus up to CAD150. 

   • Strong focus on F1 events
   • 100% welcome bonus up to CAD150
   • In-depth F1 live betting markets
   • Low qualifying deposit

   • No Android and iOS apps
   • Live chat response time could be better
   • Website design not too intuitive
   Quickwin review

5. 20Bet – Known for its intuitive website

   

   

   20Bet

   100% Welcome bonus up to C$150

   * 18+ T&C apply, GambleAware.org

   Get bonus

   20Bet is a site widely known for its simplicity. The live betting button is placed in a strategic position, making it very easy for bettors to access. Furthermore, 20Bet is respected for its support for a wide variety of over 20 payment options. When it comes to F1 betting, 20Bet users can bet on race winners, fastest lap, podium finishes, and driver matchups for top events like the Monaco and Canadian Grand Prix. 

   • Over 20 F1 betting options
   • Well-designed website
   • Responsive live chat
   • Offers popular payment options

   • Minimum deposit ($15) is quite higher than other sites
   • No F1-specific bonuses
   • No mobile app
   20Bet review

We checked online reviews by Canadian F1 bettors to see what they have to say about some of the betting apps so we can identify which one is best. After analyzing most of the reviews, we discovered that 20Bet is the overall best — all thanks to its wide range of betting options and fast payout. BC.Game and 1win take the second and third positions according to our analysis:

If you’re looking for a reputable F1 betting site in Canada, you should consider some of the factors that will enhance your betting experience, including mobile experience and payment options. However, those are not the only things you should watch out for. Here are some of the things you should do before making a decision:

1. Check if the site is legit: Make sure the sportsbook is licensed and regulated in Canada before you sign-up.
2. Look for fast withdrawals: To avoid delays, be sure to check how long it takes for withdrawals to process and what payment options are available on any betting site you wish to use.
3. Compare the odds: You can’t get the same odds on all betting sites. So, before you join any site, ensure to compare the odds with those of other sites so you can settle for the best one.
4. Check user reviews: Take the time to read user reviews and testimonials online to get an idea of the site’s reputation.
5. Check for F1-specific markets: A good F1 betting site should offer a wide range of markets, such as race winners, podium finishes, fastest laps, and even live betting options during races.

Just like UFC betting, live betting on F1 races can be particularly profitable if you can spot developing trends and strategies before the sportsbooks adjust their odds. A very good understanding of the sport, drivers, and race dynamics is very important. While some sportsbooks may offer limited live streaming of F1 events, it's always a good idea to check what's available before signing up. Nevertheless, here are simple steps you can follow to start betting on F1 online:

1. Select the right betting site. You can choose from any of the best ones above.
2. Complete your account creation. Don’t forget to claim the welcome offer when making a deposit.
3. Go to the F1 live betting options. Choose any of the F1 events that are currently going on.
4. Place your bets. Input your stake amount on the event and bet.
5. Watch the rest of the game. You can now watch the rest of the game if the site has a live streaming feature.

There are over 15 betting options you can choose from when betting on F1 events on our top-rated sportsbooks. If you’re new to F1 betting, understanding these different bet types can help you make smarter choices before their risk levels are different. Nevertheless, here are some of the most popular F1 bet types:

• Safety car appearance
• Top 3 qualifying
• Top 3 in the championship
• Fastest lap
• Race winner

Betting on Formula 1 isn’t just about picking the fastest driver – it’s about analyzing key details that can impact a race. F1 is full of unpredictable moments, but doing your research can give you an edge. Here are five important tips you can use to improve your F1 betting strategy:

• Focus on teams with recent car upgrades. A team that struggled early in the year might suddenly become competitive if their cars are upgraded.
• Consider home race advantage before betting. Some drivers perform better at their home race due to extra motivation and crowd support. It’s worth considering when betting on podium finishes.
• Study previous statistics. Study the past performance of every driver in the F1 event before placing a bet.
• Compare odds on betting sites. All our top-rated sportsbooks don’t offer the same odds on F1 events. Check for the ones with the best odds on all your preferred betting options and use them.
• Look for value in prop bet. Instead of betting on race winners, consider options such as fastest laps, podium finishes, and point finishes.