F1 odds and betting

Unlock the full potential of watching Formula 1 with Betway! We give you the chance to bet on the world’s most premier motorsport competition by using either our website or mobile app, with competitive F1 odds, stats and more. By reading our useful blog pages, with professional opinions and betting tips, you can be closer to the action than ever before

Follow every team and driver and make every race matter with our Formula 1 betting options!

How to read Formula 1 odds

F1 betting odds are represented as fractions which will show the likelihood of an outcome happening. Potential winnings can be shown by looking at fractional odds, with them revealing your earnings in relation to how much you place on your bet. 

The number shown on the left-hand side of the fraction will show possible profit you can make should you stake the number on the right-hand side of the fraction. As an example, if the odds for your bet are 6/1 then you would receive £7 if you placed a £1 stake. Out of this total, £6 would be profit and your £1 stake would be returned as well.

Here is our guide to betting odds and guide to fractional odds if you would like to learn more!

How to bet on Formula 1

With Betway being key sponsors of the F1 team Williams, it is the best place to bet on Formula 1. Betting on F1 has also never been as easy as it is here at Betway, with both our website and app being custom made for your comfort. Our user-friendly interfaces make betting both smoother and simpler, increasing the enjoyment of your betting experience.

Our F1 odds page offers everything right from individual race winners and podium finishers all the way up to the World Championship and Constructors Championship winners. Register online or download our app via the App Store or Play Store to join today!

If you’re looking for more information, read our guide on how to bet on Formula 1!

Popular F1 betting markets

Want to get in on the Formula 1 action? Well, our coverage allows everyone to join in. Betway is home to every market a punter can want and need, regardless of the type of punter you are.  Read below to find out some of our more popular F1 betting markets that might pique your interest!

Race bets

Formula 1 drivers finishing positions are never guaranteed, with many factors outside of skill having to go in a drivers favour for them to have a successful race. Whether it is pit stop times, tyre strategies, or even the weather, all of these will impact how a race goes. From race winners and podiums to who finishes in the points, we put the power in your hands to decide where any driver can place come the end of each race.

With all of this to keep in mind, betting on F1 races can be challenging. However, this is exactly why it is one of the most thrilling sports to place bets on! Check out all the latest F1 winner odds for race bets on the Betway app or website.

Constructors' Championship

With the 2026 season having a new set of regulations, it is sure to be one of the most unpredictable seasons in years. Knowing which teams will nail these new rules will be a tough one to call, and with a new addition to the grid after Cadillac’s introduction it will be more competitive than ever. 

Can McLaren win for the third-year running? Can a midfield team begin to challenge at the top? Make your picks with Betway either online or via the app!

Drivers' Championship

Max Verstappen's streak of four Drivers Championships in a row has now been broken after Lando Norris claimed his first in 2025, opening the door for other drivers to challenge for the top prize as well. With Oscar Piastri having a disappointing conclusion to an impressive campaign, he will also be wanting to prove a point going into the 2026 season. Things will also certainly be kept interesting with the new regulations, as drivers must get comfortable with a new type of car.

Considering all this, it is setting up a season that will be sure to have many twists and turns along the way. 

Which are the most exciting F1 races to bet on?

There are many impressive races across the F1 calendar that can produce some of the best viewings of any sport in the world. The Belgian Grand Prix, Spa, is a track loved by many and is one of the best around. Blending a mix of long straights, sweeping corners, and overtaking opportunities it is a brilliant watch. Pairing that with a chance of rain, it’s an exciting and unpredictable prospect.

Another fan favourite is Silverstone, being another track that can have rain thrown into the mix as well. The British Grand Prix offers famous corners such as Maggots and Becketts and, like Spa, it allows for high-speed racing and encourages overtaking, providing drivers with multiple opportunities.

The next race worth mentioning here is Yas Marina in Abu Dhabi. A track which can be an enthralling viewing, not necessarily for the track alone, provides viewers the last race of the Formula 1 season. As it is the season’s finale, over the years it has been the race that decides the Drivers’ Championship, meaning there is a lot that can be on the line for the season and any many invested bettors!

Where to find the latest F1 betting tips

Betway Insider’s blog page has everything you need to know about Formula 1 odds and betting. Whether it’s tips, the latest F1 odds, or even statistics, we have it all in one place to make your betting experience as smooth and simple as possible.

Make sure to give yourself the best chance at making profitable bets by checking out our Formula 1 page on Betway Insider.

Can I use the Betway app to place F1 bets?

Yes, The Betway app can be used to place F1 bets. Our app allows you to always have easy access to Formula 1 betting odds and live betting. We make it so that if you’re at home or out and about, you can stay in touch with the F1 betting action no matter where you are!