Are you partial to betting on virtual sports and are searching for UK virtual sports betting sites to join? If this sounds like you, then you can count your lucky stars as in this review we are going to be revealing to you the best virtual sports betting sites.
Best Betting Sites for F1: Our Selection
What can you learn by reading this Formula 1 review?
How Do We Select
the Best Betting Sites F1?
There are so many bookmakers available to the British public where we can bet on Formula 1 that it would be quite silly of us to register with the first bookie that we come across. You can do this if you want, but if you do then you are just giving yourself a disadvantage and the likelihood is that you will have a very bad sports betting experience.
Therefore, it is of the utmost importance that you take a look at different important criteria before you go ahead and choose a bookie to deposit your hard-earned money with. For anyone who is reading this that is new the sports gambling, we know that this can be quite tricky. However, we have got your back as we have taken it upon ourselves to do all the of the difficult work for you.
We are now going to take a close look at the things that we analyse when we are deciding if a bookmaker should be recommend to you or not.
If you find a great offer on the Internet, there is probably a very good chance that you sit there pondering whether it is some type of fraud or not. We applaud you if you do this as it is never wise to take things that you find on the Internet at their face value. Unfortunately, there are now just too many criminals out there who are looking for ways to make some quick cash from people are naïve. However, we can confidently say that you do not have to be wary of the Welcome Bonuses that you will come across at online sportsbooks and online casinos. They do come with some catches though and these are known as T&Cs.
The main T&Cs that you will come across include wagering requirements, the amount of days that you will have to clear the said wagering requirements, and the minimum odds you need on your betting slip when making use of the Welcome Bonus. We would like to highly light here that T&Cs will be different depending on what sportsbook you have an account with. We know that you might see each T&C and being annoying but, in our humble opinion, it is better to have some restrictions than needing to spend your own money when you are betting on sports.
There are a lot of competitive industries out there, but we do not believe that it is an exaggeration to claim that the online betting industry is right up there at the very top. However, us sports betting fans should cherish this competitiveness as it means that bookmakers have to provide their players with enticing Welcome Bonuses if they want to bring new customers through their virtual doors. Furthermore, they will need to provide their current customers with great promotions to ensure that they do not get bored and take their cash to a rival bookie.
If you are new to the world of sport betting, it will not be long before you come to realise that bonuses can vary drastically between bookmakers. For instance, one sportsbook might offer a £30 free bet, while the next one that you take a look at might be happy to offer a £100 free bet or be happy to match your initial deposit. Bookies that offer their players enticing Welcome Bonuses will get a lot of brownie points from us. When we are writing a review about a bookie, we will always inform you about the Welcome Bonus as well as the main T&Cs that apply. This will hopefully help you to choose the <strong>best betting sites F1</strong> for you.
Before we go ahead and look at the other important criteria that we analyse, we have to highlight the fact that bookies change their Welcome Bonuses often to keep things nice and fresh as well as to try and outdo their competition. Therefore, this makes it extremely hard for us to keep up with all the changes. Therefore, if you read a review that we wrote and you then go on that betting site and they are offering a different Welcome Bonus to the one we mentioned, we apologise but we cannot make continuous checks as we are always busy bringing you more useful information. We can guarantee you one thing though and this is that all the information that you will read in our reviews was 100% correct when we published it. We will do our best to keep all our pages as updated as possible.
The Markets Available
When a bookie has more markets available, there is more of a reason to think about making an account with them. Why do we believe this? Well, the more markets that you have, the more events you will have to put bets on. This is great as it means that you will rarely find yourself getting bored. When we are analysing a bookie, we will always check the markets that they offer for the different sports that they have available. We will give you all this information in the reviews, so that you can then make up your mind about which betting site you would like an account with.
The Odds Given
When you are betting on different sporting events, whether that is F1, football, cricket, rugby, horse racing, or tennis, you should always be searching for the best odds as this allows you to get a nice profit if you go on to win your bet. The way to make sure that you can always take advantage of good odds is to obviously sign up with a bookie that offers good odds.
Andrew: One tip that I would give you is to make an account with a number of bookies because this will give you the option of comparing odds for a certain market that you are wanting to bet on.
We will always have a look at the odds provided, so that we can then let you know if that betting site is any good or not. If a bookie has poor odds, we will definitely not recommend it to you.
Different Bet Types That Are Available
When you start placing more sports bets, you will quickly come to see that there are plenty of different types of bets that you can put your money on. A bookmaker that offers many different types of bets will receive plenty of ranking points from us. If a bookie does not have plenty of different bet types available, you will not find them on this site of ours. If you want to find out a little bit more about the different bet types, please read on as this is explained a bit later on.
Do They Offer Live Streaming?
A bookmaker that offers plenty of live streams is a bookmaker that we will have a lot of good things to say about. Live streaming is one of the best features as it provides you with the opportunity to watch the action unfold. This can increase your chances of being victorious as you can place a better educated bet, but we have to stress here that you can never guarantee that you will be a winner. If this was the case, gambling would not exist as it would not be worth it for the bookies. Unfortunately, due to TV licensing rates, you will not find a bookmaker in the UK that has Formula 1 live streaming.
What Formula 1 Competitions Are Available to Bet On?
When it comes to Formula 1 racing, the main event that you can bet on is the Formula 1 Championship. In this competition there is a series of races and drivers are given points depending on where they finish in the race. Below is a list of some of the different races around the world that you can watch during the F1 season:
- British Grand Prix
- Spanish Grand Prix
- Hungarian Grand Prix
- Abu Dhabi Grand Prix
- Australian Grand Prix
- Azerbaijan Grand prix
- Brazilian Grand Prix
- Chinese Grand Prix
- French Grand Prix
- Japanese Grand Prix
- Singapore Grand Prix
- Belgium Grand Prix
Where each driver starts the race is very important – you will obviously want to be as close to the front as possible. So, how is it determined where the drivers will start each race? Well, they have a qualifying race a day before the main race. The driver that comes out on top in this qualifying race will win what is known as pole position. While the other drivers will be positioned depending on how they do during the qualifying race. You can bet on the main races as well as the qualifying events.
We will always have a look at the different Formula 1 events that a bookie makes available and if we are disappointed with what we see, then we will not recommend that betting site to you.
Do They Offer a Cash Out?
If a bookmaker wants to be taken seriously by those of us who love to place bets on spirts, then they really must provide their customers with a cash out feature. If you are new to betting on sports, then you might not know what a cash out is yet. To put it as simply as possible, it is a feature that allows you to take a part of your winnings from your bet before it has run its course. Therefore, if your bet is winning but you think it will ultimately go on to lose, you should consider taking the cash out.
However, it is important to stress here that you will not find a cash out provided for all of your bets. Therefore, you should not make a wager simply because you think that there will be a cash out provided should you need it. All the bookies that we recommend have a cash out feature.
Our Review of the Best UK F1 Betting Sites
Below are three of what we believe to be the best betting sites for Formula 1. If you want to start betting on this sport, we recommend you take a closer look at these.
Betiton opened its virtual doors in early 2020, which makes it even newer than MansionBet, but in the short time that they have been open, they have gone on to become quite a popular betting site. The main reasons for this is the fact that they have competitive odds and markets for a wide variety of sports as well as a Welcome Bonus that you cannot turn your nose up at. To add to this, they have plenty of banking options and their customer support really is second to none. The table below reveals how we rate the different important aspects of this up and coming bookie.
- They provide a variety of Formula 1 markets
- Their odds are just as good as the odds that you will find elsewhere
- They do not have any Formula 1 live streaming
Above we spoke about two of the youngest UK sportsbooks, but now we are going to take a look at one of the oldest ones. William Hill has been around for 86 years, and the fact that they are still relevant is a clear indication of just how good they are. A bad sportsbook will not last a decade, let alone nearly 9. So, why are they so good? Well, they have some of the best odds around and provide a variety of markets for all the sports that they offer. To add to this, they have very good customer service and many banking options to choose from. However, what makes them stand out from the crowd is their fantastic live streaming service. Below is how we rate this bookmaker.
- Their odds are some of the best around
- They have great Formula 1 betting tips
- They have plenty of Formula 1 markets to bet on
- They do not have live streams, but this is due to Tv licensing rights
Formula 1 Betting: The Types of Bets Available
As we spoke about previously, there are a variety of bet types that you will encounter when you play at a sports betting site. Below we will list six of the main ones for you.
- Single: A bet with only 1 selection
- Double: A bet that has 2 selections and you need to get both right if you are to be able to claim a win
- Treble: A bet that has three selections and you have to get them all correct to be a winner
- Accumulator: A bet with 4 selections or more and you need all of your predictions to be right in order to claim a win
- Yankee: A bet with 4 different choices and 11 separate bets – 4 trebles, 6 doubles, and a 4-fold acca
- Heinz: A bet with 6 different selections and 57 separate bets that include 20 trebles, 6 5-folds, 15 doubles, 15 4-folds, and one 6-fold accumulator.
Formula 1 Betting Sites with the Best Odds
When bookmakers first came online, their players could not place live bets (a wager on a match that has already started). Thus, if you forgot to put your bet before the sporting event started, you would have to miss out completely and hope that what you were going to bet on does not come true.
However, bookies soon realised that people wanted to place live bets, so they made this feature available. It is now extremely popular and is available everywhere. If a bookie wants to stay relevant, they will offer their customers live betting. All of the betting sites that we recommend come with live betting options, but when it comes to Formula 1 live betting, we recommend one of the following:
- William Hill
Best Live Formula 1 Betting Sites
Being able to place live bets is awesome, but there is one thing that makes live betting much better and that is when there is a live streaming feature available. Like we said earlier one, live streaming is very good as it gives bettors the opportunity to follow some live action free of charge. If you watch some of an event before you make a bet, you will increase your chances of making better bets. This will then increase your chances of being a winner.
Most of the betting sites that we mention on this site have a live streaming option, but none have live streaming for Formula 1 due to TV licensing rights. So, if you want to watch some Formula 1 before betting on it, you will have to do so on your TV.
Largest Selection for Formula 1 Betting
When you are deciding on which Formula 1 betting site to create an account with so that you can bet on Formula 1 races, you will obviously be searching for the one that offers the most for betting on Formula 1. This is something that you should check before you complete the singing up process. This makes perfect sense because you do not want to sign up with a bookie only to then find out that they do not offer what you are looking for. When it comes to Formula 1 betting, we can assure you that you will have a brilliant experience if you decide to open an account with either:
Formula 1 Betting Sites with Quick Cash Out
When you have money in your account that you would like to withdraw to your bank account or e-Wallet, you will probably be looking for a withdrawal option that is not a lot of hassle and is fast. We, in our long betting careers, are yet to find someone who has no problem with waiting a long period of time to get their winnings. As a matter of fact, there is one thing that really grinds on us and that is when a bookmaker is slow to pay out winnings. They always accept deposits quickly, so they should pay out winnings as quickly as possible. All the bookmakers that we recommend have good payout speeds, but the following two are some of the fastest:
- William Hill
Virtual Sports Betting Sites with a Quick Cash Out
When you have won some of your virtual sports bets, you will want to withdraw some winnings from the account. When you are doing this, you will obviously want to use the fastest and simplest withdrawal method. We have a lot of experience in the casino and sports betting world and we are yet to find somebody who does not mind slow withdrawal times. Luckily, all the sportsbooks that we recommend have quick and simple withdrawal methods that you can select, but we feel that these two are the best:
- Paddy Power
What Are the Best Formula 1 Betting Sites?
The majority of sportsbooks that you will come across will provide markets and odds for Formula 1, but some are better than others. All the sportsbooks that you find on our site have competitive Formula 1 betting options, but we feel that William Hill, Betiton, and MansionBet are three of the best.
Why Are These Formula 1 Betting Sites Good for Me?
The sportsbooks that we recommend are fantastic for Formula 1 betting as they all offer competitive odds and a number of different markets to bet on. Sometimes you might just not feel like placing a bet on the driver or car that will win the main or qualifying race, so you can entertain yourself by betting on the driver that will get the fastest lap, whether a certain driver will end up on the podium, the nationality of the winner, and the grid position of the winner.
Can I Find Any Bonuses on Formula 1 Betting Sites?
You will come across plenty of bonuses at the best Formula 1 betting sites. Sportsbooks have to offer a wide range of bonuses if they want new customers to sign up with them as well as to make sure that any of their existing customers do not go elsewhere. When you are making use of a bonus, no matter what type it is, we recommend that you read the T&Cs that apply.
Sheldon has a passion for writing and for sports. He is a huge fan of football (Aston Villa), rugby and cricket. As well as watching these sports, he also loves to bet on them. He hopes that the knowledge that he has gained over the years will help you to improve your sports betting experience.