As Formula 1’s popularity continues to explode across the nation, there has never been a better time to start betting on the sport. In this guide to the best Formula 1 betting sites, we have provided a list of legal top-ranked recommendations that provide a range of exciting features to bettors.
Here are our recommendations for New York:
| BetRivers | Deposit match bonus of $250 with 250MATCH | Start Betting! | T&Cs apply. Must be 21+ and physically in the state |
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Why Play at the Best Formula 1 Betting Sites in NY
Before recommending any of the sportsbooks on this page, we checked that each site is licensed to operate in New York state. This ensures that the odds will always be fair, the site is secure, and you will receive a payout in a timely fashion. You are entitled to receive bonuses when you sign up at the best F1 betting sites.
The Best NY Formula One Online Sports Betting Sites
We have started this guide by showcasing the five top betting F1 sites. You’ve likely heard of most of these platforms before, as each is a major partner of major NY sporting league teams. Keep in mind that you can join as many sites as you want, which is great for odds comparisons and claiming regular promos.
BetMGM
BetMGM NY offers a top-quality experience to Formula 1 betting enthusiasts thanks to its immersive platform. There is extensive coverage of F1 events, with competitive odds keeping your wagering fun. You have the option to wager on plenty of markets, whether they be outright race winners or racer props.
One of the best features of BetMGM is its regular promotional offers, with new players entitled to receive a large bonus bet. The MGM Rewards program is also an exciting loyalty scheme that can provide real-world perks. There is a user-friendly interface that ensures bet building is simple and live-streaming of sports is available.
DraftKings
As one of the most popular sportsbooks in the USA, Formula 1 fans cannot go past the DraftKings NY betting platform. There is a dynamic interface that ensures your navigation of markets and events is simple. You will find odds for the most exciting F1 events here, no matter their popularity, which makes this a reliable operator for the sport.
The F1 betting options are extensive here, whether you wish to wager on the race outcomes or driver pairings. DraftKings also has a strong relationship with major sports leagues, which ensures that the odds are always fair and accurate. There is reliable customer support here and regular promo, not to mention a top-performing DFS platform.
FanDuel
FanDuel NY is a top-tier platform to bet on F1. Like DraftKings, this site began as a DFS platform, which has given the operator years of experience in creating optimum experiences for sports lovers. The platform itself is beautiful and well-designed, with the markets for F1 kept in the motorsports category.
There is a great bonus bet offer for new players that you can wager on F1 races. The live betting platform is slick and reliable, with helpful stats and infographics displaying the progress of races. You’ll be able to use a range of reliable payment methods, with a great mobile app provided too.
Caesars
Caesars is one of the most iconic gambling brands in the world, so it should come as no surprise to discover that its options for F1 bets are so robust. You’ll find a plethora of markets for Grand Prix events all year round, including outright race winners and World Championships futures bets.
Caesars is known for its generous welcome bonus and loyalty scheme, whereby users can unlock real-world perks to use at Caesars Resorts with their online betting activity. The platform is sleek and has been designed to accommodate both newcomers and seasoned pros. The mobile app is also reliable, and its live sportsbook is among the best.
BetRivers
BetRivers has recently updated its platform to provide a more slick and reliable gambling experience, which makes it that much better for Formula 1 betting. In our opinion, BetRivers has one of the best online sportsbook welcome bonuses in the USA due to the extremely fair terms and conditions.
There is also a great loyalty scheme, and many more special promotions for F1 events that can see your live bets insured and odds boosted. Your Grand Prix betting can be enjoyed through the site’s desktop platform or mobile app, and the market options include moneylines, props, futures, and more.
About Welcome Bonuses
One thing that all of the top F1 betting sites featured on this page share is that they all offer generous new player bonuses to first-time customers. These come in many shapes and sizes, though are often bonus funds. You usually only need to deposit a small value to be eligible, with some requiring promo codes.
It’s important to remember that bonus funds do not equate to real money, and you will need to meet certain conversion requirements to convert them into withdrawable cash. It is integral that you always read the terms and conditions to find any odds requirements, minimum deposit requirements, wagering requirements, and validity periods.
Mobile F1 Betting Apps
Nowadays, the most popular way to enjoy F1 race betting, or wagering on any sport for that matter, is through mobile devices. This is because it is far more convenient than desktop betting and allows you to place wagers anywhere there is an internet connection. This is especially the case for live betting as it’s quicker to build mobile bets.
All of the New York betting sites have created native apps that are compatible with iOS and Android devices. They also support a full spectrum of features, so you’ll be able to register through the app, make payments, claim promos, and enjoy pre-match and live wagering. The apps are designed to allow easy navigation.
The Betting Options
Formula 1 gambling provides an exciting opportunity to engage with the most prestigious motorsports racing events in the world. There are a plethora of markets for races held around the world, with options that will appeal to a wide range of tastes and experience levels.
Some of the most common and popular betting options include moneyline bets, which tend to be for outright race winners. You may also back different podium placements too. If you are a fan of prop bets, you can often find options that relate to the fastest laps or pole positions at various stages in the race.
You may find totals and spreads markets that relate to elements such as safety car deployments or point scoring, and there are usually markets that relate to both the racers and the constructors. All of these selections can be enjoyed as singles or combined as parlays and round robins.
Several iconic races captivate bettors, including the Monaco Grand Prix. If you’re looking to place futures bets, you can back championship winners and podium finishes at the end of the season. As the season progresses, the competition intensifies, so be sure to watch regularly and continue to research.
Live Betting and Streaming
Due to its intense pace and the unpredictability of races, few sports are as exciting to place live bets on as Formula 1. If you’re yet to try live betting, this is a betting option that allows you to wager on events as they unfold. Markets will morph and change, as will the odds.
One of the perks of this is that payouts on markets can be awarded before the race has concluded. For the time being, you are unable to live-stream F1 races at any of our recommended sportsbooks, but we predict that this could change as the sport’s popularity grows.
The Quality of the Odds
All of our recommended F1 betting sites promise to provide fair and competitive odds. These market prices are based on league data provided by the Formula One governing body. We suggest undertaking regular odds comparisons before finalizing your bets to ensure you secure the best payouts.
The Payment Methods
All of the top f1 betting sites featured on this page are dedicated to ensuring that all users can make fast and convenient transactions into their accounts. They do this by accepting numerous popular and secure payment options, including debit and credit cards, eWallets, bank transfers, prepaid cards, and mobile payments.
In our experience, we recommend that you use eWallets such as PayPal and Play+, as these are versatile for both deposits and withdrawals and can see withdrawal transactions processed as quickly as one hour. No matter which method you choose, you won’t be charged any fees by the operators.
Safety and Security
When you bet on Formula 1 races at our recommended sportsbooks you can rest assured knowing that your finances and personal information are in safe hands. This is because they have all been granted a remote gaming license from the NY State Gaming Commission. There are several elements to receiving a license.
All operators must implement strict SSL encryption certificates to ensure that players’ connections are secured against hackers. Furthermore, only players over 21 years old can create an account, with their identity proven through KYC processes. Finally, sites must work with responsible gambling organizations to ensure that vulnerable players are protected.
Customer Support
It’s essential that users can always find fast and helpful support at all hours when wagering at Formula One gambling sites. You will pleased to know that our recommended sportsbooks offer support via numerous contact methods, including email, live chat, and telephone. In most cases, these service lines are open 24/7.
We suggest that you use live chat as a contact method whenever available as this is the most convenient option, and it often takes no longer than five minutes to receive a reply. If your issue isn’t urgent, all of our highlighted operators also provide FAQ pages that address common queries.
How to Bet
Before you start wagering, you will need to first create a player account. This is an easy process that requires you to provide your details, a copy of your ID, and contact details. Once your ID is verified, you will be able to make a paid deposit and claim your bonus. Then, head to the pre-match or live betting lobbies. This is the same for most sports, making it familiar for those who bet on NASCAR races or other motorsports.
Find the Formula One category to reveal all of the available events and markets. Click the odds next to the markets that interest you to add them to your bet slip. Choose to make your wager a singles bet or parlay if there are multiple selections, then enter your stake. Confirm your wager then click Place Bet.
Conclusion
Now that you are aware of some of the top sites for F1 gambling in New York, we hope that you feel confident to sign up with one of our recommendations. To sign up quickly, use the links provided on this page to head to the registration pages and claim the bonuses.
Frequently Asked Questions
Are you looking for quick answers to your questions about F1 betting in NY? In the following section, we’ve addressed popular queries relating to the sport and where you can wager on it in the state. You’ll learn about the top operators, the mobile betting options, the legality of the activity, and more.
What is the best betting site for F1 New York?
We have listed five of the best F1 betting sites for New York players throughout this guide. These include DraftKings, BetMGM, Caesars, BetRivers, and FanDuel. First and foremost, these sites are guaranteed to be safe, legal, and fair. They are also known to have some of the best recommendations among NY bettors.
There are plenty of great live and pre-match betting options for the sport, and you are able to play through your mobile apps. The platforms have been designed to ensure intuitive bet-building for users of all experience levels, and new players are entitled to receive generous welcome bonuses. Other perks include loyalty schemes and competitive and fair odds.
Can I enjoy betting on F1 with my mobile in NY?
Yes, you can enjoy Formula One betting through mobile apps at all of our recommended online sportsbooks. While it may be possible to wager through the sportsbook mobile app, we suggest you download the native apps for iOS and Android devices for the most smooth and stable bet-building.
There are a broad array of features and functions that are supported through the remote gaming platforms. You are able to register a new account on your mobile, make payments, claim bonuses, and much more. The platforms have been optimized for fast navigation of sports categories and markets, and you can live bet and live-stream through the apps.
How do I create an account and bet on Formula One?
If you wish to bet at any of sportsbooks, you will need to create a new player account. This involves providing your personal details, confirming your age and identity, and making a cash deposit. Once you have a funded account, you are able to head to the pre-match or live betting lobby to start building your wagers.
Once you have found the F1 category, expand the selections to reveal the events and races that interest you. Click the odds beside the market you want to back to add it to your bet slip. If you have several selections, you can choose to make multiple single bets or calculate them together as a parlay. Then, set your stake and click to confirm the wager.
Is it legal to bet on Formula 1 in NY?
Yes, F1 betting is legal in New York as long as you have placed the wager with a sportsbook that is approved by the NY State Gaming Commission. This is an extremely important thing to consider, as offshore betting sites are restricted in the state. Fortunately, officially licensed sportsbooks provide a higher quality experience than illegitimate ones.
A licensed sportsbook is guaranteed to offer fair odds and will pay out your owed winnings in a timely manner. Your connections and personal details will be protected against hackers using SSL encryption technology, and identity verification procedures will prevent minors or illegitimate users from joining. There are also responsible gambling tools provided.
Born and raised in New York, Robert has a long standing love for sports and sports betting. He started off playing DFS and made the switch to sports betting as soon as he realized that he had a knack for making good bets.