Few sports are as exciting as Formula 1 and not only the sport itself, but the wonderful world of betting as well.
As we were not going to leave you hanging, we have decided to combine all our knowledge and bring you a little bit closer to the best Formula 1 betting sites in Canada.
Not only that, but we have also studied the current market to tell you exactly how to win on your bets and how to become an expert on the internet.
Our team at Casinoble loves F1! What’s there not to love? We are here to share this joy and passion for fast cars. The first step towards making successful bets is finding the best Formula 1 betting site in Canada. To do that, we test each F1 bookmaker thoroughly to bring you the best of the best. There are many peculiar details to take into account before making your bets and we’ll talk about each and every one of those details.
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| Casino Name | Formula 1 Betting Offer | Rating |
|---|---|---|
| Betway | Bet $10 on any F1 race, get $30 in free bets | 4.9 ⭐️ |
| 22bet | 100% risk-free F1 bet up to CA$50 | 4.8 ⭐️ |
| 1xBet | Enhanced odds on pole position markets | 4.7 ⭐️ |
| 10bet | CA$20 no-deposit free bet on F1 | 4.6 ⭐️ |
| GG Bet | 50% reload bonus on F1 accumulator bets | 4.5 ⭐️ |
| Betsson | Risk-free F1 bet up to CA$25 | 4.4 ⭐️ |
| Powbet | 20% cashback on losing F1 bets | 4.3 ⭐️ |
| Tonybet | Free bet CA$25 on F1 Grand Prix | 4.2 ⭐️ |
| 20Bet | CA$10 free bet on F1 parlays | 4.1 ⭐️ |
| iBet | First F1 bet insured up to CA$20 | 4.0 ⭐️ |
No form of racing is as thrilling, emotional, glamorous, fast, and complicated as Formula 1.
This prestigious sport has gained a massive fanbase and an even more massive betting scene.
Thanks to the thrill of Formula 1, millions of gamblers are looking for their piece of the action during each race.
If that applies to you too, Casinoble is here to teach you the ropes and get you ready for your first Formula 1 bets.
The following guide will walk you through the vast world of Formula 1.
We’ll explain everything from bonuses, apps, and live betting to highlighting the best Formula 1 betting sites, so your betting action would be even more fun.
These days, Formula 1 bettors are in luck because there’s an enormous amount of new sites coming to the scene.
Not all new sites are good though.
To bring the best new-age betting sites to you, Casinoble takes extra care in exploring the depths of the bookmaker.
One of the cornerstones of our work is testing every new Formula 1 betting site, so we could always recommend only the best bookies.
If you’d like to explore new sites with better features or higher bonuses, make sure to always keep an eye on Casinoble’s recommendations!
Formula 1 betting seems like such an easy thing to do, especially considering the vast selection of betting sites.
However, finding a reliable, versatile, safe, and innovative bookmaker is a whole other story.
We don’t recommend just every Canadian betting site out there.
Every recommended site has gone through a rigorous checkup, so we could showcase only trusted and valuable bookies.
To cut long story short, we mainly follow four essential points whenever we find a new Canadian betting site.
These requirements are not just something we follow: these are key factors every professional bettor follows.
In a way, these requirements make up the base for successful betting:
In 2025, betting bonuses are so common that gamblers kind of expect bonuses.
Without these extra gifts, betting is just boring.
Plus, there’s no reason to sign up at one particular betting site if there are no bonuses up for grabs.
Most betting sites offer two main bonuses: deposit bonuses and no deposit bonuses.
If you’re not familiar with these, no worries – in the following section, we’ll uncover a few essentials you should know before accepting any such bonuses.
In any case, make sure to read the terms and conditions because trust us, there are many strict requirements you might have to follow after accepting the bonus.
Are you looking for the best betting bonuses? Check our Betway casino review!
If you thought deposit bonuses are lucrative, you haven’t seen anything yet.
Free bets take your betting action to a whole new level.
Quickly explained, free bets are kind of risk-free bets which will give you money back in case your bet ends up losing.
Free bets can come in different variations though but in any case, these tiny offers will help you get more out of your money.
Betting sites know how lucrative free bets are and thus, you’ll get to see more and more of these offers around Canada.
Often, you can receive free bets as part of welcome bonuses, so that’s another bonus you can keep your eyes on.
The whole world has moved into mobile devices and betting is no exception.
Most online bets are placed via mobiles or tablets.
For that reason, you can find several high-quality Formula 1 betting apps.
To make the choice a bit easier for you, Casinoble features the best F1 betting apps, so you wouldn’t have to go exploring the web on your own.
Formula 1 betting apps are best suited for those with a very active lifestyle.
You can always make bets on the go, without having to worry about losing out on great races and odds.
Often, you can also stumble upon generous bonuses or better functionality.
Now that we’ve discussed some major parts of betting action, it’s time to dig deeper into Formula 1 betting.
To get a better understanding of Formula 1 betting and improve your betting game, here are some of our pro tips.
In the following sections, we’ll uncover a few key things about betting options, Formula 1 odds, F1 live betting and give you a few pointers for more professional Formula 1 bets.
Let’s get started!
What distinguishes Formula 1 from other sports is its elite high-society feel.
Due to this nature, Formula 1 has gathered millions of betting fans and in turn, this has forced bookmakers to create better betting options.
Mostly, you’ll want to keep your focus on the following F1 betting types:
This is where things get especially interesting.
Every single knowledgeable bettor has a trustworthy betting system in their toolbelt.
No, betting systems are not foolproof ways how to win more with your F1 bets.
Instead, betting systems help to manage your money better and lower the risks.
In the end, you’ll want to get the most bets out of your money.
Betting systems keep your habits under control, so you wouldn’t make silly bets based on a gut feeling alone.
Live betting is a dominating force at every betting site and Formula 1 is no different.
Actually, live betting is perfect for F1 due to its fast nature.
Everything can change in a blink of an eye!
To make safer bets, live betting is the best option.
Outright winner bets can be especially lucrative in the form of live betting, once you get a better hang of the whole live betting mechanism.
Odds are the base for winning money with your bets.
Every betting site specifies certain odds for certain outcomes of a particular race.
In other words, odds will show you how much money you can win if you make a successful bet.
For your benefit, Formula 1 odds are incredibly high, mostly due to its adrenaline-packed nature.
Though there are always some drivers ahead of the game, sometimes betting sites might offer incredible odds for the underdogs too.
Before making your bet, analyze the odds thoroughly – that’s your key to success.
Betting might be a form of gambling but it’s in no way just luck-based.
If you are looking to create better success with your bets, have more control over your money, and get the most out of your experience, you need to improve your betting action.
In other words, it’s time for you to be more strategic, not just throw money at random F1 races.
The following 3 tips apply to any betting action, no matter if you’d like to make F1 bets or something else.
Before starting your next gambling adventure, make sure to keep these things in mind:
These days, most of the betting action takes place online via betting sites.
Whenever we at Casinoble talk about betting, we always focus on online betting which is vastly more versatile, lucrative, and technologically advanced.
At Casinoble, you can always find a great selection of valuable online betting sites for Canadian players.
Offline betting refers to the classic bookmakers you might find locally.
Nowadays, physical bookmakers aren’t very popular for obvious reasons, so we’d also recommend refraining from those.
Safety comes first in online gambling.
Betting can be fun but only if it’s done responsibly and in safe environments that have received proper licenses.
If you feel like your gambling habit is starting to overpower your life, please seek help.
This way, you can find peace and stability in your life, plus you won’t endanger your wellbeing nor the wellbeing of your loved ones.
Yes, betting on Formula 1 is legal in Canada, but it’s essential to use a Canadian sportsbook that’s licensed and regulated in your province. Gambling regulations vary across provinces, so ensure the site is legit where you live. Always bet responsibly.
Many online sports betting sites in Canada offer Formula One wagering. A good starting point is to look at sportsbooks licensed in Ontario, or the sports betting platform run by your province. To find the best F1 betting sites for your needs, check out our comparison tables for reputable and provincially regulated Canadian sportsbooks.
Canadians should prioritize formula 1 betting sites that are licensed in their province. Look for competitive odds, a variety of F1 betting markets (like race winner, podium finish, fastest lap), a user-friendly interface, and trusted payment methods like Interac. Also, be sure to check out the welcome bonuses on offer!
The ‘best’ website really depends on your personal preferences and what’s available in your province. Look for licensed Canadian sportsbooks that offer competitive odds, a wide range of F1 betting markets, and the payment methods you prefer. User reviews can also be helpful. Remember to always verify their licensing status for your region.
Many Canadians enjoy betting on the race winner, but ‘Podium Finish’ (top 3) and ‘Fastest Lap’ are also popular, especially for those new to F1 betting. More experienced bettors might explore ‘Head-to-Head’ matchups between drivers or constructor bets. Live betting during the races adds another layer of excitement.
There’s no such thing as a ‘sure thing’ when it comes to betting, but some bets are generally considered less risky. Betting on a podium finish for a top driver, for example, has a higher probability of success than betting on a specific driver to win who isn’t a favourite. Remember that lower risk usually means lower potential payout. Always gamble responsibly.
Yes, absolutely! Formula One betting is available through licensed Canadian sportsbooks. Just make sure the sportsbook you choose is legally allowed to operate in your province.
Comparing odds is key to maximizing your potential winnings. Most Canadian sports betting sites display odds clearly. Look for the same bet (e.g., race winner) across different sites and see which offers the highest payout. Even small differences in odds can add up over time. Consider using an odds comparison tool to make it easier.
Lukas
Head of contentLukas is one of the leading authors at Casinoble. He entered the casino world through his passion for online poker. Lukas is also a dedicated sports betting fan. At Casinoble, Lukas usually writes about Live Dealer Games, Sportsbetting and Betting Strategies.
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