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Formula 1 Betting
Bet on Formula 1 at the Best Canadian Betting Sites

Learn more about betting on Formula 1. Benefit from the best betting bonuses.

Bet on Formula 1 with Canadian Dollar

Best Formula 1 Betting Sites

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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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.

New Formula 1 Betting Sites

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!

Trusted Betting Sites

Trusted Betting Sites 2

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:

Trusted Betting Sites 2
  • License: No matter what gambling site you’re dealing with and no matter what you’ve heard about it, do NOT interact with the site before you’ve checked its license. This is a crucial point you should never ignore! While Canadian players can mainly play at offshore betting sites, it’s essential to make sure your chosen offshore bookmaker has a license from a reputable authority such as the British Gambling Commission or the Malta Gaming Authority. When there’s no information about the license, it’s better to just close the site and move to the next one. License is not just bureaucratic paperwork: it’s proof of trust, honesty and reliability.
  • Withdrawals: At the end of the day, every bettor wants to win money and withdraw the winnings. Every betting site has certain withdrawal terms that dictate how you can use your winnings and receive the money. For example, the casino might impose certain withdrawal limits, timeframes or other conditions. If you don’t want to end up in a pickle, make sure to get familiar with these terms right off the bat.
  • Customer Support: Customer support is one of the most crucial elements in any gambling site. Professional, quick and helpful service is to be expected but not all sites can offer that. You always want to have high-quality customer support in your corner which is why we recommend testing the support right before you decide to move forward with your betting action.
  • Independent Testing Agencies: Licenses are crucial but there’s another key element a reliable bookmaker should have: a seal of approval, granted by a known independent testing agency (like the gambling industry’s heavy-lifter eCOGRA). Licensing can only show that the bookie has followed the law but independent testing agencies give an honest unbiased view of the site, ensuring its reliability once and for all.
Betting Bonus

Betting Bonus

Betting Bonus

In 2021, 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.

  • Deposit Bonus: Deposit bonuses, also known as matched bonuses, are the most commonly found offers at betting sites. Almost every bookmaker offers a deposit bonus as part of the welcome offer and later on, you might run into new and new deposit bonuses almost every month. This is the site’s way of enticing you to make more deposits. A deposit bonus consists of a certain percentage of money granted to you, depending on the amount of your deposit. A 100% bonus, for example, would give you 100 dollars after you’ve made a 100 dollar deposit. Deposit bonuses can easily range from 50% to 200%.
  • No Deposit Bonus: The aforementioned bonus might be common but nothing beats the love that bettors have for no deposit bonuses. No deposit bonus grants you free money without requiring any form of spending your own money. Clearly, this is a lucrative offer, helping you test the site more closely without risking your funds. It’s a true win-win situation!
  • Terms and Conditions: Many of us overlook terms and conditions whenever we sign up on a website, just clicking to agree with everything. However, this is a habit you cannot follow at betting sites. The terms and conditions of websites are completely different from the terms that come packaged into a bonus offer. Terms explain how you can redeem the bonus, how to use it, what’s the wagering requirement, what limitations you have and much more. It goes without saying how essential it is to read the terms before accepting the offer.

Free Formula 1 Bets

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.

Formula 1 Betting Apps

Formula 1 Betting Apps

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.

Formula 1 Betting Apps

Betting on Formula 1

Bet on Formula

Bet on Formula

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!

Betting Options

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:

  1. Winners
  2. F1 Matchup Bets
  3. Formula 1 Top 3 Bets
  4. F1 Top 6 Bets
  5. Winning Margins
  6. Future Bets
  7. Prop Bets

Betting Systems

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

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.

Formula 1 Odds

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.

Improve Your Betting

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:

  • Focus: Blind betting will take you nowhere. If you’re incredibly lucky, you might win something, but the chances are you’re going to lose. There’s a way to avoid that though: focusing and making informed decisions.
  • Get data: You can’t create any focus nor take informed actions if you simply don’t know where to place your bets. One of the biggest jobs of a bookmaker is to gather a plethora of information to create accurate odds. If you’d like to be one step ahead of the bookie, you should do exactly the same: gather as much information as you possibly can.
  • Hedge bets: Never ever put all of your money on one bet. Even if you’re completely certain of the outcome, it’s never a good idea to put everything on a single bet. Instead, diversify your bets and divide your money into smaller bits.

Online vs. Offline

Online vs Offline

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.

Online vs Offline

Responsible Betting

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.

FAQ

To make the best Formula 1 bets while using betting bonuses such as cashback, free bets or deposit bonuses, it’s easiest to get familiar with Casinoble’s recommendations. Our goal is to bring the best Canadian F1 betting sites to you and we take great pride in creating our comparisons.

 

Most betting sites offer various betting bonuses, so your first step would be to explore the site’s offers. You can find great offers both as a new player or as an existing customer. Of course, you can also keep an eye on the recommendations found at Casinoble’s site.

 

On one hand, it’s very easy to redeem betting bonuses. On the other though, it’s quite complex. The quickest road to success is reading the terms and conditions thoroughly. This highlights every single thing you have to do for redeeming the bonus, but if that’s not helpful, you can always reach out to customer support.

 

F1 is a very glamorous, wealthy, kind of elite-like sport with huge media attention. The prestige, fast pace and thrill have made it a massive success. This success has just snuck into betting sites and bookmakers too.

 

F1 races happen all the time, so you can easily make bets all year round. To make the most, you might want to try Formula 1 live betting, so you could get even a better piece of the fast F1 action.

 

There are several great F1 betting sites with lucrative odds but since the odds change so fast, you have to keep an eye on the sites yourself. Find the best Canadian betting sites from Casinoble if you’d like to get a quick headstart.

 

Formula 1 has several betting markets but some of the most common ones (especially for newbie punters) are “Race Winners”, “F1 Matchup Bets” and the “Top 3 Bets”.

 

There’s no single strategy or system that can guarantee winning bets but to get the most out of your money, you should craft a personal betting system according to your needs and betting style. This is the best way to lower your risks and create winning bets more consistently.

 

Motor racing might be adrenaline-packed but there’s really no magic formula for making better bets. Casinoble recommends trying live betting and diversifying your bets, so your profits would be higher in the long-term view.

 

Many F1 fans make significant profits but it’s still a very risky form of gambling. Casinoble recommends readers to avoid this kind of attitude – instead, make bets only for fun and don’t chase winnings. It’s best to keep your gambling habit under strong control and stay responsible.

 

Lukas

Lukas

Head of content

Lukas 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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