Formula 1 has surged in popularity across the United States over the past several years. A big driver of that growth has been the Netflix documentary series Drive to Survive, which introduced the sport to a new North American audience and sparked renewed interest in F1 throughout the country.
On this page I’ve outlined the following:
- Our top rated sportsbook for Americans.
- A short summary of the betting regulations in North Carolina and Kentucky.
- An F1 betting example and a summary of some of the other popular Formula 1 bets.
- A 3 step guide you can follow to bet on Formula 1 online.
Best F1 Betting Site For Americans
BetOnline.ag is our recommended betting site for Americans, including North Carolina and Kentucky residents, interested in betting on F1 online. BetOnline has served the US market for over 20 years and offers a deep menu of F1 betting lines for every Grand Prix on the calendar.
Sports Betting in North Carolina and Kentucky
Sports betting is legal in North Carolina. The regulated online market launched on March 11, 2024, and there are now eight licensed sports betting apps available to North Carolina residents.
In Kentucky, legislation to legalize sports betting passed in March of 2023. Retail betting launched in September of 2023 with online sportsbooks going live later that same month, and Kentucky residents now have several regulated betting apps to choose from.
Residents of both states also have the option to place bets through offshore betting sites that are licensed and regulated outside of the USA while accepting American players. BetOnline.ag falls into this category.
Formula 1 Betting Options
There are plenty of ways to bet on a Formula 1 race. Wagering on the outright race winner is the most popular option, but you can find betting lines covering nearly every aspect of a Grand Prix weekend.
As an example, here are the outright winner odds for the upcoming 2026 Monaco Grand Prix (odds taken June 4th, 2026):
In a typical F1 race only a handful of drivers, usually somewhere between three and eight, have a realistic shot at the win, barring unforeseen circumstances. The favorites will sit at the shortest odds, with the rest of the grid offering longer prices the further down the order you go.
Here are some of the other F1 bets you can make, with a short explanation of each:
- Fastest Lap – Which driver will record the fastest single lap during the race.
- Fastest Qualifier (Pole Position) – Which driver will set the quickest lap in qualifying to start on pole.
- First Driver Retirement – Which driver will be the first to retire from the race.
- Top 3, Top 6, Top 10 Finish – Whether a driver finishes inside the listed positions. These markets are offered across a range of finishing cut-offs.
- Driver Head to Head – Which of two drivers will finish ahead of the other, for example Lando Norris against Oscar Piastri.
Most of these markets also have team versions, such as betting on which constructor claims pole position.
Bet On F1 in North Carolina or Kentucky – 3 Step Guide
Follow these three steps to bet on Formula 1 races online.
Step 1. Join BetOnline.ag
Click the link above, select ‘Join Now’ on the home page, and complete the sign up form to open your account.
Step 2. Deposit
Log into your BetOnline account and click the ‘Deposit’ button. Choose your preferred deposit method (Visa, MasterCard, American Express, Bitcoin, Ethereum, and more) and follow the instructions to make the deposit.
New players can enter promo code FREE250 to claim a 50% matching bonus up to $250 on their first deposit.
You can cash out any winnings through most of the deposit methods, as well as by bank wire or by check in the mail.
Step 3. Place Your Formula 1 Bets
- Click ‘Sports’ from the top menu bar.
- Open the ‘Formula 1’ drop down menu and select the betting market you want to wager on.
- Select the odds of the bet you want to make to add it to your bet slip.
- Enter your risk amount and click ‘Place Bet’ to confirm the wager.
Ready to bet? Click here to visit BetOnline.ag.
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