Formula 1 Crypto Betting: Your 2026 Guide to Odds & Top Sites
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Top-Rated Crypto Sportsbooks for Formula 1 Betting
Discover the best Formula 1 crypto betting sites below.
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A Beginner’s Guide to Formula 1 Bet Types
The best crypto sportsbooks offer a wide range of Formula 1 betting options. We’ve broken down the most common bet types and explained why they’re popular.
Race Winner (Outrights)
This is a simple bet on which driver will win a race. The top Formula 1 crypto betting sites will release odds on each driver before the race begins. Here’s an example:
- Max Verstappen (+130)
- Lando Norris (+225)
- Oscar Piastri (+350)
- George Russell (+1000)
- Kimi Antonelli (+1400)
The odds tell you the profit you’d earn from a winning bet. We’ve explained how to read Formula 1 odds in the next section.
You can bet on the winning driver before the race begins. The best Bitcoin Formula 1 betting sites also allow you to continue betting on this market after the race is underway.
This is known as live betting. The betting sites will continue to update the odds on each driver throughout the race, reflecting the current state of play. You can keep betting on the race winner until one of the drivers takes the checkered flag.
Podium Finish
You can also bet on a driver to clinch a podium finish. That means your chosen driver needs to finish first, second, or third.
This is a great option if you think a driver will perform well, but you don’t necessarily expect him to win. It’s best to place a “podium finish” bet on an outsider. Here’s why:
- Let’s say Max Verstappen is the +130 favorite to win the race. He’s also priced at -500 to finish on the podium.
- At those odds, you’d need to risk $500 just to win $100. That small potential payout doesn’t really justify the risk, as he could crash.
- Meanwhile, Charles Leclerc is a +2800 outsider. He’s priced at +400 to finish on the podium.
- Betting on Leclerc looks much more appealing. Odds of +2800 suggest that he’s unlikely to win, but he could clinch a top-three finish.
- Odds of +400 mean that you’d earn a 400% profit if he finished first, second, or third. If you think he’ll exceed expectations, that could be a great bet.
Points Finish
You can bet on a driver to secure a points finish, too. That means he needs to finish inside the top 10. Your profit will be the same, regardless of whether he wins the race or finishes 10th.
It’s not worth betting on one of the favorites to finish in the points. Your profit would be tiny, and once again, it doesn’t justify the risk. Try to find a long-shot, who you think has a chance of outperforming in a certain race.
For example, Fernando Alonso might be a +50000 underdog to win the race, but +150 to secure a points finish. If you think he can gatecrash the top 10, that looks like a solid bet.
Driver vs. Driver (Head-to-Heads)
This is a fun betting option that pits two drivers against each other. All you need to do is predict which driver will perform the best. Here’s an example:
- Carlos Sainz to beat Oliver Bearman (-110)
- Oliver Bearman to beat Carlos Sainz (-110)
- All the other drivers are irrelevant for the purposes of this bet. If your chosen driver finishes 12th, and the other driver finishes 13th, your bet will win. It’s just a simple head-to-head between the two drivers.
Futures (Championships)
You can also place long-term bets on the overall Formula 1 season. These are known as futures bets or outright bets. They don’t focus on the result of a single race. Here are some examples:
- Who will win the Formula 1 Drivers’ Championship?
- Which team will win the Formula 1 Constructors’ Championship?
The best crypto sportsbooks for F1 publish odds on these markets several months before the season begins. They continue to update the odds throughout the season, reflecting the current standings. That means you can continue betting on these markets until the closing stages of the season.
You’ll often find special futures betting markets too. For example, who will get the most points this season – Lewis Hamilton or Charles Leclerc? Or who will win the Constructors’ Championship without McLaren?
Prop Bets
You’ll also find lots of special betting options on each race. They’re known as prop bets (short for proposition bets) in the US. Here are some examples:
- Which team will the winning driver represent?
- Who will be the fastest qualifier?
- Who will record the fastest lap?
- Which driver will retire first?
- Will the safety car make an appearance?
- How many classified drivers will there be? (e.g., over 19.5 or under 19.5)
- What will be the nationality of the winning driver?
Many of these prop bets don’t focus on the result of the race. They allow you to home in on small events within the race, which broadens your horizons when betting on Formula 1 with Bitcoin.
How to Read Formula 1 Odds
You need to learn how to read Formula 1 odds before placing your first bet. That will help you figure out if a bet offers value or not. The Formula 1 odds tell you two things:
- The profit you’d earn from a winning bet.
- The implied probability of the bet winning.
American odds are primarily used in the US. They can be positive or negative. Here’s an example:
- Lando Norris to beat George Russell (-125)
- George Russell to beat Lando Norris (+105)
If the odds are negative, they tell you how much you’d need to risk to win $100. In this example, a $125 bet on Norris would generate a $100 profit. Those odds give Norris a 55.6% implied chance of success. That means he’s the favorite to beat Russell in this head-to-head.
If the odds are positive, they tell you the profit you’d earn from a $100 bet. In this case, a $100 bet on Russell would deliver a $105 profit.
To be clear, you can bet any amount you like. The odds are simply a guide. For example, a $10 bet on Russell would deliver a $10.50 profit, while a $50 bet would deliver a $52.50 profit.
Decimal Odds on Formula 1
Many Formula 1 crypto betting sites display their odds in decimal format. Decimal odds tell you the total return you’d get from a winning bet.
If we stick with the example used above, here’s how it would look in the decimal format:
- Lando Norris to beat George Russell (1.80)
- George Russell to beat Lando Norris (2.05)
You simply need to multiply your stake (bet size) by the odds to work out your potential return if the bet wins. For example, a $10 bet on Russell would deliver a $20.50 return ($10.50 profit, and you get your $10 stake back).
Key F1 Races to Bet On
Lando Norris, Oscar Piastri, and Max Verstappen face a three-way battle for the F1 Drivers’ Championship on December 7. Norris holds a 14-point lead over Verstappen and a 16-point lead over Piastri as we approach the final race of the season.
It all boils down to their performances at the Abu Dhabi Grand Prix this weekend. Verstappen is surging with momentum after winning the last two races in imperious fashion. The reigning F1 champion has already overtaken Piastri in the F1 Drivers’ Standings, and he now has his sights set on Norris.
The Abu Dhabi Grand Prix promises to be a tense, thrilling race. Verstappen is the favorite, but Norris only needs to finish third or higher to win the title. There will be no room for error at Yas Marina Circuit. You can dial up the excitement by betting on the race at one of our top-rated Bitcoin Formula 1 betting sites.
2026 Championship Futures
The best Formula 1 crypto betting sites have already released odds on the 2026 Drivers’ Championship. Max Verstappen is the +225 favorite, ahead of Lando Norris (+250), George Russell (+300), and Oscar Piastri (+450).
Some sportsbooks make McLaren and Mercedes the +138 joint-favorites to win the 2026 Constructors’ Championship. McLaren won the title in 2024 and 2025, but Mercedes is hot on their heels. Ferrari are +600 underdogs, while Red Bull have drifted out to +1200.
Now is the best time to unlock early value on the 2026 Drivers’ and Constructors’ Championships. The odds on several drivers are likely to shorten as the season approaches, so get your bets in early to maximize your potential profits.
How to Bet on F1 with Crypto (Step-by-Step)
It’s easy to place a bet on F1 with crypto. Just follow these five simple steps.
Step 1: Choose a Trusted F1 Sportsbook
Choose one of our recommended Bitcoin Formula 1 betting sites. They’re all fully licensed and regulated. You can rely on these trusted sites to keep you safe, settle your bets fairly, and pay out on time.
Hit the “Go To Site” button to visit your chosen crypto sportsbook. That will ensure you qualify for the best crypto betting bonuses.
Step 2: Set Up Your Account
Open the sign-up form and enter some basic details. You only need to enter an email address and choose a password at the best sites.
Accept the site’s terms and submit the form. Your account will then be ready, so you can make an initial deposit and claim the welcome bonus.
Step 3: Deposit Crypto
Hit the “Deposit” button and choose a cryptocurrency from the list of options. The site will also generate a unique address. Copy that address.
Open your personal crypto gambling wallet and select the coin you’re sending. Enter the amount you’d like to send. Paste the copied address and confirm the transfer.
The sportsbook will add the funds to your account balance when the transfer is confirmed on the network. That only takes a few seconds if you use coins like XRP or SOL, but it may take a few minutes via BTC or ETH. You’ll also get your welcome bonus as soon as your deposit is confirmed.
Step 4: Browse the F1 Betting Options
It’s now time to place your first F1 bet. Select “Motorsports” from the list of sports and then choose “Formula 1.” Choose a race or futures market you’d like to bet on.
You’ll see a range of betting options. When you find one you like, click or tap on it. Your pick will then appear on the betslip.
Step 5: Place a Formula 1 Bet
Enter the amount you’d like to risk. The betslip will highlight your potential winnings. If you’re happy, confirm the bet.
The funds will be taken from your account balance. If your bet wins, you’ll get paid out after the race ends.
Responsible Gambling
It’s important to gamble responsibly at Formula 1 crypto betting sites. There’s no way to guarantee success, so don’t spend money you can’t afford to lose. Set yourself a budget and stick to it.
The top crypto sportsbooks for F1 offer tools to help you stay on track. You can set deposit limits, bet limits, time limits, and reality checks on your account. They also offer timeouts and self-exclusion programs. Check out our responsible gambling guide for more information about how you can protect yourself.
FAQs: F1 Crypto Betting
Can I bet on the F1 Constructors' Championship with Bitcoin?
Yes, you can bet on the F1 Constructors’ Championship with Bitcoin. The leading Bitcoin Formula 1 betting sites will release odds on each team before the season begins. They will then update their F1 Constructors’ Championship odds after each race. You can continue betting on this market until one team wins the title.
Is it legal to bet on Formula 1 with crypto?
Yes, it’s legal to bet on Formula 1 with crypto. Just make sure you place your bets at licensed, regulated Formula 1 crypto betting sites. Our top-rated sites for Formula 1 betting with Bitcoin accept customers from around the world. You can rely on them to grade your bets fairly and pay out on time. Still, we would advise to check for certain regarding your geo and the compatibility with the site of your choosing.
How quickly can I withdraw my crypto winnings after a race?
You can withdraw your crypto winnings instantly after a race at the best sites. The top crypto sportsbooks for F1 will add your winnings to your account balance immediately after the race ends. You can then request a withdrawal. They process payout requests automatically, so you’ll get the money quickly via most cryptocurrencies.
