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Betting Sites India » Best Online Bookmakers In India 2024 » The Best Online Betting Sites for F1 in India 2024

The Best Online Betting Sites for F1 in India 2024

Last Updated on 01-12-2024
Fact checked by: Ella Miller

What are the best bookmaker for Formula 1 in India?

Formula One (F1) is one of the most-watched auto-racing sports in the world and with plenty of online betting options available on its events, you can make a lot of money. The punters who are intrigued by speed and cars and understand the dynamics of F1 tournaments usually gamble on this sport. The recent developments in internet and technology have indeed revolutionized online betting on Formula 1, with a spurt of several online best betting sites for F1 in India. While online betting on Formula 1 might get confusing due to presence of many betting sites, with our well-researched list of best bookmaker for Formula 1 in India, you can choose the most suitable sportsbook to gamble with.

Regardless of where you are in your F1 betting journey, we at Wetten.com provide in-depth information on best betting sites for F1 in India along with best betting tips and strategies. Talking of Indian bettors, majority of them are unaware of the fact that gambling on mainstream sports such as F1, cricket, football, Horse Racing, etc. in India is legal, provided that the bookmaker you engage with has a valid license that too from a gambling authority situated outside India.

Therefore, to enhance your gambling experience, you should first understand the dynamics of F1 and then choose from the best bookmaker for Formula 1 in India and plan your betting strategy accordingly.

Understanding F1 Racing

A Formula One season comprises of a series of car racing events where drivers compete with each other on purpose-built tracks or circuits, with every tournament followed by elimination of losing participants. The sports cars of F1 are the world’s fastest regulated road-course racing cars with a top speed of 350 km/h. The final race comprises of top ten qualified drivers and begins with a warm-up session during which the cars are placed in a grid. As soon as the light ahead of the grid signals green, the race starts. There are a set of rules which the drivers have to adhere and any violation leads to elimination. The winner of the race is the first driver to cross the finish line after completing the given set of laps.

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Types of bets on F1

F1 racing might be simple to understand, however, if you are planning to gamble on this sport, you need to possess a thorough understanding of the F1 online betting market. As you start the hunt for the best betting sites for F1 in India, you will come across many sites that assure a good return on your gambling deal. Nonetheless, before you make your selection, we advise you to refer to our well-researched catalogue on types of bets you can place during online betting on F1.

  • To-win Bet: It is the most popular bet which is provided by the best bookmaker for Formula 1 in India. In this type of bet, you can wager on a particular driver to win the race and if that driver reaches the finish line first, then you win the bet.
  • Podium Finish: Very similar to “To-win” bet, betting on Podium Finish requires the selected driver to cross the finish line either in first, second or third position. In other words, you win this bet if the driver reaches the finish line in any of the first three positions. An important factor to note here is that the payout odds on these bets are lower when compared to “To-win” bet.
  • Driver matchups: It is one of the most fun and flexible ways of online betting on Formula 1. Regardless of which position your driver finishes, here, the bet is placed on the relative performance of the two drivers. As long as your driver outruns the other driver(s) in the race, you win the bet.
  • Betting on future events: Those who love risks and are quite good with prediction should opt for future bets in F1. In this type of bet, you will have to decide which team will be the Champion at the end of the season, be it Constructor’s Championship or Driver’s Championship. Future bets are usually placed at the start of the season and majority of the best betting sites for F1 in India close this betting option as soon as the first race begins.

In addition to the bets mentioned above, there are other betting options on F1 such as Pole Position, where you can bet on which driver will qualify the first slot in the starting grid, and Prop Bets, where you can predict whether a particular driver will lead the most laps in a race or not.

Choosing the best Bookmaker for Formula 1 in India

Be it for an experienced punter or a beginner, deciding which gambling site to choose in order to get the highest return from their investment is always a difficult task. Very similar to online betting sites for other sports, the best betting sites for F1 in India should aim at offering a unique gambling experience to the gamblers. We at Wetten.com provide reliable, well-sourced bookmaker reviews online.

Here are the important factors you should take into consideration while selecting an online bookmaker for F1:

The reputation of the Operator

While choosing the best online bookmaker for F1, you should pay attention to the gambling history of the operator. The websites that have a strong customer dealing history are the most secure platforms to invest your money in various betting options. Furthermore, you should also inquire about a valid license of the company, and whether they offer multiple banking options and accept payment in Indian Rupees.

Pay attention to the competitive odds offered

Majority of the betting sites provide several betting options for F1. However, you should choose the site which offers high odds for a particular betting session, which eventually might lead to a higher return provided that you win the bet. Every type of bets have betting odds attached to them, therefore, a careful comparison of the odds is necessary before investing the money.

Welcome and promotional bonuses matter

You should select a bookmaker while online betting on Formula 1 that offers good promotional and welcome bonuses to both first time and experienced gamblers. In addition to this, you should also have a clear understanding of the commission charged by each bookmaker. This is important because if you gamble on a site that charges a relatively higher amount of commission, then it will adversely impact your profits.

Look for the option of Live Betting and cash out

The most important feature that should be present in any best betting sites for F1 in India is the option of Live Betting where you place bets after the race has begun. This feature provides you with an option of tracking the real-time progress of the F1 tournament and with the additional feature of cash out, you can easily withdraw from a bet if you think that it won’t be as advantageous as you initially expected.

Customer Support

All the top online betting companies for F1 should have reliable and efficient customer support which can solve the queries of the gamblers related to payments, withdrawals, and other technical issues faced while navigating through the website. Such kind of assistance is crucial, especially for an amateur bettor, during online betting on Formula 1.

Conclusion

To choose amongst the best betting sites for F1 in India can be time-consuming and confusing at the same time. However, our thorough comparison of the best betting sites in India will smooth out the betting process for you and accordingly you can take an informed decision while choosing the best bookmaker.

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Best Online Betting Sites for F1 in India FAQ

🤷 What are the best online betting sites for F1 in India?

You’ll find some of the best online betting sites listed in this guide. Due to the popularity of F1, a number of the best betting sites will have competitive odds and bonuses to attract new customers looking to place bets on their favorite sports.

🏎️ What types of F1 bets are available?

The most popular bet is the to-win bet, meaning you are selecting who you think will win the race. Another popular option and quite similar is the podium finish bet, where you select who will come first, second and third. You’ll find more info on these bets as well as other popular options in this guide.

🏁 What should I look for when selecting the best bookmakers for F1 bets?

As with anything you’ll want to consider some main areas when selecting the best online bookmaker. This will include customer service, the odds offered and any bonuses that are available. Find out more on these areas and more in this guide. 

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