5 casinos for betting Formula 1 races

Do you spend your weekend watching your favorite racer drink champagne on the podium? You might also like Formula 1 (F1) betting.

Many online casinos offer F1 betting, but not all can stand out on picks diversity.

Here is the list of the top 5 casinos you can bet on F1 races

Formula 1 betting casino sites

Formula 1 betting is different. While you bet on soccer or basketball, you can include numerous positions in the same bet slip because the odds multiply. 

F1 only offers one position per ticket. For example, you can’t link two picks: The Driver to win the race and the constructor to win the race.

Different betting platforms offer different picks for F1 events. Here’s the list from which you can choose the best one. 

  •  MyStake: 35% Cashback + Boosted Odds
  • JackBit: Best Choice for Crypto Betting
  • Goldenbet: 100% Deposit Bonus
  • Fresh-Bet: 3+1 Free Bet
  • 31bet: MGA licensed

1. MyStake Casino: Boosted F1 odds

MyStake is an online casino that has been around since 2020 and has a 4.5 trust score on Trustpilot. It offers over 150,000 sporting events and is popular among players who love sports betting.

The sports betting section of MyStake Casino provides a selection of markets, both pre-match and live. MyStake also offers bonuses for F1 betting.

Bets may also be placed on “virtual” sports such as “horse racing,” “dog racing,” “virtual football,” and other such games. ESports betting is also offered on the MyStake casino. Players may place wagers on the outcomes of several computer game contests, like Valorant, Dota 2, Counter-Strike, League of Legends, etc. Additionally, bettors can watch games without leaving the MyStake website.

The platform also provides a variety of game alternatives, including Counter-Strike, Valorant, Call of Duty, Overwatch, Dota 2, Starcraft, and League of Legends.

Boosted odds

Boosted odds increase the odds of the most popular sports events by as high as five times the regular odds. For example, if Alonso’s podium has 3.4 odds in regular, MyStake offers 7.0 odds for that pick.

The boosted odds promotion is published on MyStake every Thursday. Take the chance to bet on F1 with boosted odds.

Because of the mentioned advantages, MyStake casino has been named the best formula 1 betting casino in our review!

2. JackBit casino

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If you like being incognito while playing, you’re a crypto person. JackBit is a perfect choice for players that choose crypto betting. The platform supports cryptocurrencies such as bitcoin (BTC), ethereum (ETH), and USDT.

With an availability of 6,000+ slot games and special quick play mini games, JackBit casino ranks 2nd in our list of top casinos to bet on F1.

Pros and cons of JackBit casino

The main advantages of the JackBit casino are following:

  • Instant withdrawal
  • Crypto deposit / withdraw
  • Casino focused on user experience
  • Quick play games

The main disadvantage of the JackBit Casino is that fiat currencies (USD, EUR, GBP) can not be used for deposit or withdrawal so you must be a crypto person in order to be a member of the JackBit community.

JackBit’s bonuses include the following:

  • 3+1 Free Bet: Bet three tickets and get an equivalent 4th for free.
  • Drops and Wins $500,000 Tournament
  • Grand Holiday Tournament: $500,000 race

On JackBit, you can cash out your tickets, remove picks, or even add new ones to an existing ticket, even if it’s live.

The JackBit casino has been named as 2nd best online casino to bet on F1.

3. GoldenBet: Bet on all races

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GoldenBet has made a stunning entrance into the gambling world, being able to amaze every player with a unique experience.

Welcome bonus is nothing new in gambling. The first deposit is awarded almost everywhere but Goldenbet also awards a 100% bonus for the 2nd and 3rd deposits.

The availability of bonuses makes Goldenbet attractive while its dark/golden design enhances players’ experience.

GoldenBet is optimized for sports betting and offers over 150,000 sports events, including Formula 1.

F1 is not the only form of racing which you can enjoy on GoldenBet. The main page of the website is dedicated to the Horse Racing banner – meaning that this type of betting is prioritized on that website. Goldenbet is definitely the best pick for players who love to see their favorite racer cross the finish line ahead of everyone else.

Analyzing the pros and cons of GoldenBet casino, it has been awarded the 3rd position in the list of the best f1 betting casinos.

4. Freshbet Casino 

Fresh-Bet Casino, also called Freshbet Casino, is one of the newest online casinos in the industry.

The website www.freshbet.com is owned and operated by Ryker B.V. (registration number: 154186; with registered Address: Abraham Mendez Chumaceiro Boulevard 50, Willemstad PO BOX 4750, Curaçao), operating through its payment agent RYKER DEVELOPMENT LIMITED (registration number: HE412288; registered in Cyprus with registered address Patrikiou Loumoumpa 7, Block A, Flat A13, 7560 Pervolia, Larnaca, Cyprus). 

Ryker B.V. is a company registered and established under the laws of Curacao under the gaming license No. 1668/JAZ issued to Curaçao eGaming.

Freshbet offers the 3+1 bonus, which gives players a free bet, with an amount being an arithmetic mean of the prior 3 tickets. This increases the chances of profiting from sports betting, including the F1.

Freshbet also offers the below deposit bonuses:

  1. Welcome casino bonus up to $1,500
  2. 155% crypto welcome bonus up to $500
  3. Sports welcome bonus up to $500
  4. Loyalty bonus of 10%

5. 31bet: Bet on F1 races or UFC fights

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All the casinos mentioned above are licensed by the government of Curacao. The curacao gambling license is the easiest one to obtain, therefore many foreign online casinos choose the option.

However, 31bet is licensed in the MGA. The Maltese license offers greater security to users, such as an availability of auto self exclusion.

On 31bet you can enjoy making a withdrawal by using your Credit Card, feeling the profit in your pocket instantly. 

The biggest advantage of the 31bet casino is that they are delighted to have the UFC fighter Merab The Machine Dvalishvili as their ambassador. The fact assures every player that the casino is legit, and cares for the user experience. So if you love F1 or UFC, the 31bet casino is a great choice for you!

Conclusion 

Considering the above facts, MyStake casino offers a trust score, supports various payment methods, and has a rich bonus profile.

DISCLAIMER: 18+ only. Online gambling comes with many risks. Players are advised to gamble responsibly and only use funds they can afford to lose. Remember, online gambling is only intended for entertainment and is not a solution to financial difficulties.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.


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