Get ready for the new F1 Season by trying out these fan favourite sportsbooks

Get ready for the new F1 Season by trying out these fan favourite sportsbooks

The 2021 F1 season had plenty of drama. The Championship came down to virtually the last lap with Max Verstappen overtaking Lewis Hamilton and winning his first F1 Championship. Fast forward three months, and that result still splits opinions of racing fans. The next instalment of F1 begins in March. The first race of the 2022 season takes place in Bahrain on 20 March. This season has 23 races on the calendar, meaning there are plenty of opportunities for F1 betting. For Canadian F1 fans, Canadian sports betting is prevalent, and there are various sportsbooks available to use.

Why you should try 22Bet to get ready for the F1 Season

22Bet officially started trading in 2018. 22Bet initially began as a European online gambling website in a few countries but has expanded to Europe and globally, including in Canada. 22Bet offers a wide range of sports markets and covers over 55 sport types. The user interface of the website and the mobile app is easy to understand and is very user friendly.

Registering on 22Bet online website is straightforward and only takes a few minutes. Canadian customers who register with 22Bet can get a 100% registration bonus of up to $300.

Deposit and Withdrawal methods at 22Bet are fast and secure. There are no deposit or withdrawal fees charged to your 22Bet account. There are many ways to deposit funds into your 22Bet online account. Some popular deposit methods include; Skrill, Webmoney, Neteller, Paysafe and Cryptocurrency such as Bitcoin. Withdrawing funds from your 22Bet account can only be done when registration is complete and all relevant documents are submitted. Withdrawals are processed quickly, and funds should reflect in your chosen withdrawal method within an hour, excluding peak times.

As mentioned, there are over 1000+ betting markets and over 55 sports to bet on at 22Bet. Popular sports to bet on for Canadians include; F1, baseball, basketball, ice hockey and football. 22Bet offers competitive odds on all markets. 22Bet offers both prematch and live betting on the majority of sports. Futures/outright betting is offered on all major leagues globally, such as; NFL, NBA, NHL and MLB. 22Bet has a wide range of F1 betting markets, offering futures bets and race day bets. The latest odds on the 2022 F1 Drivers Championship at 22Bet has Lewis Hamilton as favourite at +230. A $100 wager on Hamilton winning the Championship will return $230.

For the majority of betting customers, customer service is essential. 22Bet offers a 24/7 customer service and contact us option. There are multiple language options available when contacting their customer support. Customer support options include; live chat, email and direct phone calls.

Don’t forget to try out the world renowned Betway

Betway is regarded as one of the largest sportsbooks in the world. Betway sportsbook and casino was founded in 2006 by the Betway group. There are over 30 sports options on betway including; F1, ice hockey, tennis, basketball, baseball and football. The user interface of the website and the mobile app is easy to understand and is very user friendly.

The registration process on betway is fast and secure. All documents provided will not be shared with outside parties. Betway offers an attractive registration bonus and deposit match. Canadian customers who register with betway can get a 100% registration bonus of up to $200.

Deposit and Withdrawal methods at betway are fast and secure. There are many ways to deposit funds into your betway online account. Some popular deposit methods include; Skrill, Webmoney, Neteller and Paysafe. However, Cryptocurrency options are unavailable on betway. Withdrawing funds from your betway account can only be done when registration is complete, and all relevant documents are submitted. Withdrawals are processed quickly, and funds should reflect in your chosen withdrawal method within a time range of 2-72 hours. Customers also have the option of reversing their withdrawals.

Betway offers all major sporting leagues and competitions to bet on. Popular sports to bet on for Canadians include; F1, baseball, basketball, ice hockey and football. Betway offers competitive odds on all markets. Betway offers both prematch and live betting on the majority of sports. Futures/outright betting is offered on all major leagues globally, such as; NFL, NBA, NHL and MLB. Betway has a wide range of F1 betting markets, offering futures bets and race day bets. The latest odds on the 2022 F1 Drivers Championship at betway has Lewis Hamilton as favourite at +205. A $100 wager on Hamilton winning the Championship will return $205. Mercedes are overwhelming favourites to win the Constructors Championship and are trading at -150 at betway. A $150 wager will return $100 should Mercedes win the 2022 Constructors Championship. As mentioned, the Bahrain Grand Prix kicks off the season, and betway is offering +610 on George Russell winning the season opener race. This represents excellent value as a $100 wager will return $610 should Lewis Hamilton Mercedes teammate win the race.

For the majority of betting customers, customer service is essential. Betway offers a 24/7 customer service and contact us option. Customer support options include; live chat, email and direct phone calls.

Let Spin Sports show you why they are taking the F1 betting world by storm

Spin Sports has been in existence since 2001 and is approved by fair play regulator eCOGRA. In 2019, spin sports launched in Canada and offers 35+ sports ranging from F1 to basketball and even cricket.

The registration process on spin sports is fast and secure. All documents provided will not be shared with outside parties. Spin sports offers an attractive registration bonus and deposit match. Canadian customers who register with spin sports can get a 100% registration bonus of up to $200. However, this bonus is in the form of a free bet only.

Deposit and Withdrawal methods at spin sports are fast and secure. There are many ways to deposit funds into your online account. Some popular deposit methods include; Skrill, Webmoney, Neteller and Paysafe. Withdrawing funds from your spin sports account can only be done when registration is complete and all relevant documents are submitted. Withdrawals are processed quickly, and funds should reflect in your chosen withdrawal method within a time range of 2-72 hours. The maximum payout within 24 hours is $10000, and the minimum deposit is $10 for all payment methods.

Spin Sports offer a wide range of betting markets, and most odds are competitive. Current F1 odds at spin sports offer Lewis Hamilton to win the 2022 Drivers Championship at +210. A $100 wager will return $210. The Constructors Championship should be a two-way duel between Mercedes and Red Bull. Red Bull Racing is currently priced at +350 to win the championship, and a $100 wager will return $350 should they upset Mercedes and beat them to the Constructors Championship.

Spin Sports offer a 24/7 live chat customer service option. This is currently their only available option for contacting the relevant departments at spin sports.

See why Power Play is our recommended sportsbook this F1 Season

Power play was founded in 2018 and has taken the Canadian sports betting industry by storm. A very popular sportsbook offering a wide range of sports markets and highly competitive betting odds.

Registering at power play is simple, and once all relevant documents are submitted, there are many registration bonuses available. They offer a 100% registration bonus of up to $1000. These bonuses are broken up into categories, and additionally, power play provides weekly free spins and bonuses.

Power play offers various deposit methods. Popular methods include; Skrill, Visa, Mastercard, Muchbetter and Cryptocurrency. Cryptocurrency options range from Bitcoin to Ethereum. The minimum deposit at power play is $10. Withdrawing funds from your power play account can only be done when registration is complete, all relevant documents are submitted and when 50% of your deposit has been wagered. Withdrawal methods include; Visa, Mastercard, Ecopayz and Cryptopay. Minimum withdrawals are set at $10, and withdrawal limits are set. The maximum daily withdrawal limit is $20000, and the weekly limit is $100000.

Popular sports to bet on for Canadians include; F1, baseball, basketball, ice hockey and football. Power play offers both prematch and live betting on most domestic and global sports. Futures/outright betting is offered on all major leagues globally, such as; NFL, NBA, NHL and MLB. Power play has a wide range of F1 betting markets, offering futures bets and race day bets.

The latest odds on the 2022 F1 Drivers Championship at power play has Lewis Hamilton as favourite at +205. A $100 wager on Hamilton winning the Championship will return $205. As mentioned, the Bahrain Grand Prix kicks off the season, and power play is offering +262 on reigning F1 champion Max Verstappen winning the season opener race. This represents excellent value as a $100 wager will return $262 should the Dutchmen start the season off with a win.

For the majority of betting customers, customer service is essential. Customer support options at power play include; live chat, email and direct phone calls.

Summary of Sportsbooks you need to try for the F1 Season

22Bet Betway Spin Sports Power Play
Fully licensed in Canada? Yes Yes Yes Yes 
Registration bonus 100% up to $300 100% up to $200 100% up to $200 in a free bet 100% up to $1000 
Deposit and Withdrawal methods Options including; skrill, Webmoney, Neteller, Paysafe and Cryptocurrency Options including; skrill, Webmoney, Neteller, Paysafe, however no Cryptocurrency Options including; skrill, Webmoney, Neteller, Paysafe, however no Cryptocurrency Options including; Skrill, Visa, Mastercard, Muchbetter and Cryptocurrency 
Customer Service and Customer Support Live chat, email and phone Live chat, email and phone Live chat Live chat, email and phone 
Summary of F1 Sportsbooks to try

Frequently Asked Questions(FAQ)

Where can I find more sportsbooks to bet on the F1? 

Canada has plenty of sportsbooks that offer F1 betting. Canadian Gambler has a sportsbook directory for online sportsbooks that provide F1 betting. 

When does the F1 season start?

The first race of the 2022 season takes place in Bahrain on 20 March. This season has 23 races on the calendar, meaning there are plenty of opportunities for F1 betting.

What types of bets can I place on the F1? 

  • F1 race winner is considered the most straightforward bet to make. This type of bet requires a wager on which driver will win the stipulated race.
  • Podium bets are bets where you choose which drivers will finish in the top 3. Additional bets such as top 5 and top 10 driver finishing positions are also popular markets to bet on.
  • Constructor team to win the race is a bet type where you can wager which team rather than a driver wins the race. Popular teams such as Mercedes and Red Bull are the favourites for this type of bet.
  • Other popular bets offered at some sportsbooks include; safety car appearance, the total number of cars to classify and head to head driver matchups. The safety car appearance market usually does not include the virtual safety car unless otherwise stipulated. The number of cars to classify is similar to a total line over/under bet. Head to head driver matchups allows you to bet on which driver will finish higher from a predetermined driver list.
  • Live betting is a type of bet when wagers are made once a race has started. F1 is a fast-paced, action-packed sport. F1 is a perfect sport for live betting. The odds on live betting are constantly fluctuating and changing. However, with live betting, not all betting markets are available. Race winner bets are usually the only market available for live betting.
  • Futures/Outright betting are considered long term bets. Typically, these types of bets are made throughout a season. Driver’s Championship and Constructors Championship winners are types of future betting available during an F1 season.

Where can I find more sportsbooks to place bets at?

Canada has plenty of sportsbooks that offer sports betting. Canadian Gambler has a sportsbook directory for online sportsbooks that provide different sports betting markets.

Pros and Cons of F1 betting at these sportsbooks?

These sportsbooks are fully licensed, so you know that they are legal sportsbooks, and there is no risk of your funds disappearing or the sportsbooks cheating you. All sportsbooks offer competitive odds, so it’s possible to shop around between each to find the highest odds.
If you have a restrictive balance, opening online accounts at all four sportsbooks may not prove easy.