15 Best Formula 1 Betting Sites and Sportsbooks in Canada 2025

Published: Aug 19, 2025, 6:24 PM
23 min read
Updated: Aug 19, 2025, 6:24 PM

Formula 1 has a special place in Canadian sports, thanks to the long-running Canadian Grand Prix at Circuit Gilles Villeneuve in Montreal. Since its first race in 1967, it has been one of the most popular stops on the F1 season, with high-speed action and a vibrant fan atmosphere. Canada has also produced legendary drivers, including Gilles Villeneuve, remembered as one of the sport’s fiercest competitors, and his son Jacques Villeneuve, who won the 1997 World Championship. Today, Formula 1 betting in Canada covers everything from outright winners and podium finishes to fastest lap markets, with interest spiking each June when the world’s best drivers hit Montreal.

Why Trust Our Recommendations

We only feature the best sportsbooks in Canada that are fully licensed by Kahwanake or regulated by respected international bodies. Our team has decades of combined experience and has reviewed 25 Canadian-facing sportsbooks in detail. Each site is tested for odds quality, payout speed, mobile usability, and customer support, with Canadian player feedback shaping our rankings.

The 15 Best F1 Sportsbooks in 2025

TonyBet Sportsbook

TonyBet First Deposit Bonus Up To $350

19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario. Always Gamble Responsibly.
  • Licensed and regulated across all of Canada.
  • Highly competitive odds.
  • Numerous responsible gambling tools and resources.
  • Very fast and professional customer service.
  • Promotions with difficult wagering requirements.
  • VIP programs may lead to excessive gambling to have any chance of winning.
CAD
BTC
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USDT
TRX
DOGE
XRP
LTC
VISA
Mastercard
Interac
MuchBetter
PaysafeCard
Bitcoin
Ethereum
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Details
Sports Interaction

Sports Interaction Welcome Bonus: 125% up to $250. Code:

WELCOMEBONUS
19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario. Always Gamble Responsibly.
  • Licensed and regulated in all 10 provinces and 3 territories of Canada
  • Sports Interaction app is available for iOS and Android
  • Self-regulating responsible gambling tools, including deposit and time limits
  • Limited promotions overall
  • No horse racing betting markets
Details
BetVictor Sportsbook

BetVictor First Bet Shield: Up to $100 in Free Bet

19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario. Always Gamble Responsibly.
  • Available across Canada (separate Ontario site)
  • Responsible gambling tools that users can self-govern their accounts
  • Bonuses with realistic wagering requirments
  • Licensed only in Ontario. In the rest of Canada BetVictor operates as an offshore sportsbook
  • Limited banking methods in Canada
  • Customer support is relatively slow compared to many other sportsbooks in Canada
Details
22Bet Sportsbook

22Bet Welcome Bonus: 100% Up to $180

19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario. Always Gamble Responsibly.
  • Dozens of payment options
  • Licensed in Canada (outside of Ontario)
  • Customer service response times are inconsistent
  • No option to set responsible gambling limits in the account
  • Not available in Ontario
  • Difficult wagering requirements on some bonus offers
CAD
BTC
BNB
BUSD
BCH
BRL
LINK
COP
CRO
DAI
DOGE
EOS
ETH
EUR
GBP
HKD
JPY
LTC
MYR
MXP
NZD
MATIC
RUB
SHIB
SOL
SEK
TWD
USDT
TRX
USD
USDC
XRP
VISA
Mastercard
Diners
Discover
Bitcoin
Ethereum
Interac
ApplePay
BUSD
Google Pay
AstroPay
MuchBetter
DAI
DAI on Arbitrum
Cronos
Dogecoin
Litecoin
MATIC
Tron
USDC
XRP
Go to Website
Details
BetPlays Sportsbook

BetPlays Sport Welcome Bonus: 200% up to $2,000

19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario. Always Gamble Responsibly.
  • Knowledgeable and attentive customer support
  • Accepts cryptocurrency for instant transactions
  • No fees on transactions by the sportsbook
  • Difficult wagering requirements on many bonuses
  • Does not have a Canadian sports betting license, rather an off-shore license in Cyprus
  • There is no mobile app for iOS or Android
  • Bettors cannot self regulate accounts (cannot set limits)
  • Not available in Ontario
CAD
BTC
XRP
BNB
LTC
ETH
DOGE
DAI
BUSD
SHIB
SOL
USDC
USDT
Mastercard
VISA
Interac
Bitcoin
Ethereum
Dogecoin
Litecoin
XRP
Go to Website
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1XBET Sportsbook

1xBET 120% first deposit bonus up to $540 CAD

19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario. Always Gamble Responsibly.
  • Wide range of payment options including 45+ cryptocurrencies
  • Good selection of niche sports
  • Customer service was ineffective
  • Cannot implement responsible gambling limits ones own account
  • 1xBET is not licensed in Canada
  • Lack of transparency and information for non-members
  • Wagering requirements on bonuses are complex and encourage excessive wagering
BNB
CAD
BUSD
BTC
BCH
BRL
LINK
COP
CRO
DAI
DOGE
EOS
ETH
EUR
GBP
HKD
JPY
LTC
MYR
MXP
NZD
MATIC
RUB
SHIB
SOL
KRW
SEK
TWD
USDT
THB
TRX
USD
USDC
VISA
Mastercard
AstroPay
Bank Wire Transfer
Bitcoin
BUSD
Cronos
DAI
Interac
Dogecoin
EOS
Ethereum
Litecoin
MATIC
payz.
Skrill
Tron
USDC
XRP
Go to Website
Details
BC Game Sportsbook

BC Game 120% Bonus + 5 Free Bet In Sports

19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario. Always Gamble Responsibly.
  • Responsible gambling tools and resources enabling players to set limits.
  • Member of the Crypto Gambling Foundation for fair gaming.
  • Thousands of live sports events.
  • Fast and attentive customer support.
  • Wagering requirements on some bonuses are difficult.
  • Not available in Ontario.
  • No native app for iOS or Android.
CAD
APE
BNB
BUSD
BTC
BCH
LINK
CRO
DAI
DOGE
EOS
ETH
LTC
MATIC
SAND
SHIB
USDT
USDC
UNI
SOL
TRX
TRUMP
XRP
Interac
AstroPay
AIRTM
APE
Bitcoin
BUSD
Cronos
DAI
DAI on Arbitrum
Dogecoin
EOS
Ethereum
Litecoin
MATIC
Sandbox
Tron
USDC
Uniswap
XRP
Go to Website
Details
20BET Sportsbook

20Bet Welcome Bonus: 100% UP TO $150. Code:

RG150
19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario. Always Gamble Responsibly.
  • Customer service is fast to respond.
  • Accepts cryptocurrency transactions for instant payouts.
  • Licensed in Canada (outside Ontario) by the Kahnawake Gaming Commission.
  • Difficult 5x wagering requirement on welcome bonus.
  • Not available in Ontario.
  • Many users have complained about the mobile app disconnecting.
CAD
BTC
BNB
BUSD
LINK
DOGE
ETH
LTC
SOL
XRP
USDC
USDT
VISA
Mastercard
Interac
Skrill
NETELLER
payz.
JetOnBank
Bitcoin
Litecoin
Ethereum
USDC
BUSD
XRP
Dogecoin
Go to Website
Details
10bet Sportsbook

10bet Welcome Bonus: 125% up to $250 + $10 Free Bet. Code:

SPORTUP
18+. Gamble responsibly; T&Cs apply. Offers are not available in Ontario.
  • Crypto deposits and withdrawals for instant banking
  • Substantial number of Canadian and International sports
  • Welcome bonus rewards new users with up to $250 and a $10 Free Bet
  • Users cannot set limits on the account without help from customer support
  • Wagering requirements on some bonuses are difficult
  • Website design could benefit from a new layout making lists and categories clearer
CAD
BTC
ETH
LTC
USDT
USD
EUR
JPY
VISA
Interac
Mastercard
ApplePay
MuchBetter
Bitcoin
Ethereum
Litecoin
Go to Website
Details
Bet99 Sportsbook

Bet99 First Bet Encore Up To $800. Code:

RG99
19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario. Always Gamble Responsibly.
  • Licensed throughout Canada with a separate site for Ontario
  • Many responsible gambling tools, including deposit limits, time-outs, loss limits, among others
  • Live streaming of many games
  • Does not accept crypto
  • Sportsbook margin (Vig) is up to 10% on some niche sports
Details
CoolBet Sportsbook

Coolbet Deposit Bonus: 100% up to $200. Code:

CAD200
19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario. Always Gamble Responsibly.
  • Users can set their own limits on deposits, wagers, and time
  • Fast customer service response
  • Competitive odds for Canadian bettors
  • Customer support responds fast, but the information isn't always accurate.
  • Numerous promotions that encourage excessive betting
  • Not available in Ontario
  • There is currently no mobile app
CAD
USD
EUR
SEK
BTC
Interac
VISA
Mastercard
MuchBetter
Bitcoin
Bank Wire Transfer
Go to Website
Details
Leo Vegas Sportsbook

LeoVegas Welcome Bonus: $50 in Bonus Bets When You Bet $25

18+. Please Play Responsibly. Promotional T&Cs Apply. OFFERS NOT AVAILABLE TO RESIDENTS OF ONTARIO.
  • Availability: LeoVegas is available in all 10 provinces and 3 territories in Canada.
  • Competitive Odds: LeoVegas has competitive odds and numerous markets on a range of sports.
  • Dedicated Responsible Gambling Site: Although tough to find, LeoVegas provides a dedicated website for responsible gambling.
  • Wagering Requirements: LeoVegas Welcome Bonus has very high wagering requirements for new bettors.
  • Responsible Gambling Hard to Find: LeoVegas makes finding responsible gambling content hard to find including limiting tools.
  • Margin (Vig) on certain markets can reach upwards of 10%, which is very high comparable to other sportsbooks.
Details
Pinnacle Sportsbook

Pinnacle Enhanced Odds

19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario. Always Gamble Responsibly.
  • Enhanced odds on all sports markets with greater returns on winning bets than other sportsbooks
  • Available across Canada
  • Accepts cryptocurrency for fast transactions
  • Responsible gambling tools enabling players to set limits, timeouts and similar restrictions
  • There are no dedicated mobile apps available
  • Response times of Pinnacle customer support can have lengthly wait periods
  • There are no sportsbook bonus offers or promotions available
BTC
BRL
CAD
COP
EUR
GBP
HKD
LTC
MYR
MXP
NZD
RUB
USDT
THB
TWD
Bitcoin
Interac
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Mastercard
MuchBetter
NETELLER
Neo Surf
PaysafeCard
VISA
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PowerPlay Sportsbook

Powerplay Welcome Bonus: Deposit Match up to $500 in Bonus Bets

19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario. Always Gamble Responsibly.
  • Licensed across Canada and compliant with regulations
  • Quick and attentive customer support team
  • Odds are competitive with other Canadian sportsbooks
  • Few deposit methods and cryptocurrency is no longer accepted
  • Difficult wagering requirements on bonuses
  • No live streaming of sports
Details
Qbet Sportsbook

Qbet Welcome Bonus: 100% Up to $200

19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario.Always Gamble Responsibly.
  • Accepts cryptocurrencies for instant transactions
  • RG tools can be set by players and do not depend on customer support
  • Great customer service department that will go the extra mile
  • Limited promotional offers for sportsbook
  • No phone support
CAD
BTC
ETH
LTC
VISA
Mastercard
Bank Wire Transfer
AstroPay
Bitcoin
Ethereum
Litecoin
NETELLER
PaysafeCard
MiFINITY
Interac
Skrill
Google Pay
Go to Website
Details

The 5 Best F1 Sportsbooks for August 2025

1. BetVictor Sportsbook

🥇 Best for Smooth F1 Betting Experience
⭐ App Rating (iOS/Android): 4.7 / 3 (55,000 reviews)
🏆Welcome Bonus: Up to $100 Free Bet

19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario.

Claim the Bonus

BetVictor is a long-established brand with a clean, no-clutter interface that makes finding and placing Formula Racing bets quick and intuitive. Markets cover every Grand Prix and major season futures, including podium finishes, fastest laps, and qualifying results. CAD banking is supported through Interac, cards, and e-wallets, and the platform is available in both English and French. Customer support is knowledgeable, though response times can be slower during peak hours.

What We Like About BetVictor

  • Licensed for Canada (Ontario site + access in the rest of Canada).
  • Formula 1 markets you actually use: race winner, podiums, qualifying, fastest lap, plus season futures.
  • CAD deposits via Interac or cards; e-wallet withdrawals usually clear in 1–3 business days.
  • The layout is easy to scan: markets are grouped by session, and the bet slip doesn’t get in your way.

2. TonyBet Sportsbook

🥈 Best for Global Sports Variety
⭐ App Rating (iOS/Android): 3.1/2.9 (100+ user reviews)
🏆 Welcome Bonus: 100% First Deposit Match up to $350 

19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario.

Claim Your Bonus

TonyBet is a long-time operator licensed for Canada (with a separate Ontario-regulated site) that covers Formula Racing end-to-end. You’ll find season futures and every Grand Prix market: race winner, podium, fastest lap, qualifying, and more. The site runs in English and French, accepts CAD via Interac, cards, or crypto, and lets you set your limits and time-outs. Odds are typically sharp; the trade-off is that some promos come with heavier rollover than newcomers expect.

What We Like About TonyBet:

  • Fully licensed in Canada and available in all provinces
  • Comprehensive Formula Racing coverage, including outrights, props, and live betting
  • CAD deposits via Interac, cards, e-wallets, or crypto
  • Built-in tools for setting limits and self-exclusion

3. Pinnacle Sportsbook

🥉 Best for Competitive Formula Racing Odds
⭐ App Rating: No official app (mobile web only)
🏆 Welcome Bonus: None – Pinnacle offers enhanced odds instead of promos 

19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario.

Claim Your Bonus

Pinnacle uses reduced-vig pricing, so F1 odds are often a touch better than rivals. Each race week, you get the full slate: outrights, podiums, fastest lap, head-to-head matchups. There is no sign-up bonus, but limits are hig,h and the book does not limit winners, which is why value-minded bettors stick with it. The mobile site is plain and fast, and prices update smoothly through qualifying and the race.

What We Like About Pinnacle:

  • Lower margins often mean the best F1 prices
  • Full F1 menu: outrights, podiums, fastest lap, qualifying, head-to-head
  • High limits and no habit of restricting winners
  • Quick mobile site with live price updates during qualifying and the race

4. Bet99 Sportsbook

🎖️ Best for Canadian Formula Racing Promotions
⭐ App Rating (iOS/Android): 4.3/3.5 (1,100+ user reviews)
🏆 Welcome Bonus: First Bet “Encore” up to $800 | Promo Code “RG99”

19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario.

Claim Your Bonus

Bet99 is built for Canadian bettors and covers Formula Racing end-to-end. Every Grand Prix is on the board with markets for race winner, podium, fastest lap, and qualifying. Around the Canadian Grand Prix, you’ll often see F1 and F2 odds boosts. The site runs in English and French, supports CAD via Interac, cards, and e-wallets, and live betting updates quickly during sessions.

What We Like About Bet99

  • Licensed in Canada and built for Canadian users
  • Frequent F1 or F2 odds boosts and race-day specials
  • CAD deposits through Interac, cards, or e-wallets
  • User-friendly live betting for in-race wagers

5. 10bet Sportsbook

🏅 Best for Mobile F1 Betting
⭐ App Rating (iOS/Android): 3.0/3.2 (400+ user reviews)
🏆 Welcome Bonus: 125% up to $250 + $10 Free Bet 

19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario.

Claim the Bonus

10bet is built for quick mobile use, so placing or tweaking F1 bets on the move feels straightforward. Coverage runs all season with markets for race winner, podium, fastest lap, and qualifying. CAD deposits are available via Interac, cards and e-wallets, and withdrawals are processed promptly once your account is verified. Live betting is supported, with prices refreshing through qualifying and the race.

What We Like About 10bet:

  • Mobile-first layout that makes quick F1 bets simple
  • Full-season markets: winner, podium, fastest lap, qualifying and props
  • CAD banking via Interac, cards and e-wallets
  • Live prices update through qualifying and the race

Comparing Top F1 Betting Sites and Sportsbooks (Key Differences)

Here’s a quick side-by-side look at popular F1 sportsbooks in Canada:

FeatureLeoVegas22BetTonyBet10betBetPlaysSports Interaction20Bet1XBetBetVictorQbetPinnacleBet99BC.Game
Welcome Bonus$50 in Bonus Bets100% up to $180First Deposit Bonus Up To $350120% up to $250 + $10 Free Bet200% match on first deposit125% up to $250150% up to $150
Promo Code “RG150
120% up to $540Up to $100 in Free Bet100% up to $200Enhanced Odd (lowest vig in the market)First Bet Encore up to $800 Promo Code “RG99120% + 5 free bets
Min Deposit$10$10$10$10$10$10$10$10$10$10$10$10$10
Legal ProvincesAll 13 (separate ON site)All 13 (separate ON site)All 13 (separate ON site)12 (no Ontario)12 (no Ontario)All 13 (separate ON site)All 13 (separate ON site)12 (no Ontario)All 13 (separate ON site)12 (no Ontario)All 13 (separate ON site)All 13 (separate ON site)12 (no Ontario)
App Rating (iOS/Android)4.3/4.0No Native Apps4.8/3.1Sideloaded apps on websiteNo Native Apps4.5/3.7Sideloaded apps on website3.2 (no Android rating)4.7/3.8No Native AppsNo Native Apps4.3/3.5Sideloaded apps on website
MultiBet Builder
Early Cashout
Live Betting
Loyalty Program✅VIP Cashback✅Club B99✅ VIP Club
Withdraw Time2-8 days2–8 days1–7 days1-8 days2-8 days2-14 days2–8 days2-14 days2-14 days0-8 days2-8 days2-8 days2-14 days
24/7 Live Chat
Responsible Gambling Tools✅Full suite✅Must be set by customer support✅Full suite✅Must be set by customer support✅Must be set by customer support✅Full suite✅Must be set by customer support✅Must be set by customer support✅Full suite✅ Full suite✅Full suite✅Full suite✅Full suite

3 Best Formula 1 World Cup Sportsbooks in Canada

1. 22Bet Sportsbook

🏅 Best for International F1 Coverage
⭐ App Rating (Trustpilot): 4.0/5 (2,500+ reviews)
🏆 Welcome Bonus: 100% up to $180 for new users 

19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario.

Claim the Bonus

22Bet offers one of the broadest F1 menus for Canadians outside Ontario, covering every Grand Prix plus qualifying, podiums, fastest laps, and season futures. The site is easy to navigate, supports deposits in CAD and crypto, and often posts lines earlier than rivals, which helps if you want to lock a price before race week.

What We Like About 22Bet:

  • Extensive coverage of all F1 races and futures
  • Early odds releases for many markets
  • CAD and crypto deposits with quick payouts
  • Clean interface and fast bet placement

2. LeoVegas Sportsbook

🥈 Best for Competitive F1 Odds
⭐ App Rating (iOS/Android): 4.3/4.0 (9,000+ user reviews)
🏆 Welcome Bonus: $50 in Bonus Bets

19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario.

Claim Your Bonus

LeoVegas is mobile-first, built for quick F1 betting. It covers every Grand Prix plus podiums, fastest lap, and qualifying props. Bets go in with a few taps, and live odds refresh during qualifying and the race. Push alerts help you track market changes on race day. CAD deposits are supported via Interac, cards, and e-wallets.

What We Like About LeoVegas:

  • Fast, mobile-first app that’s easy to navigate
  • Full F1 slate: winners, podiums, fastest lap, qualifying props, plus live markets
  • CAD deposits and withdrawals via Interac, cards, or e-wallets
  • Push alerts for price moves, bet results, and race-day updates

3. 1XBet Sportsbook

🥉 Best for F1 Market Depth & Odds
⭐ App Rating (iOS/Android): 3.8/4.4 (5,000 user reviews)
🏆 Welcome Bonus: 120% match up to $540

19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario.

Claim the Bonus

1xBet offers a broad F1 menu. Beyond race winner and podium, you’ll find head-to-head driver matchups, lap-leader markets, and bets on the number of classified finishers. CAD and crypto deposits and withdrawals are supported, and many payouts clear within hours once your account is verified.

What We Like About 1XBet:

  • Deep F1 markets, including head-to-heads, lap leader and finishers props
  • Often, the better price on underdogs
  • CAD and crypto deposits and withdrawals
  • Fast payouts once your account is verified

Security, Licensing & Trust in Canada

Formula 1 betting is legal in Canada as long as you use a licensed sportsbook. Ontario enforces strict standards via iGaming Ontario, while other provinces allow access to offshore sportsbooks licensed in jurisdictions like Curaçao, Kahnawake, and Malta. All the sites listed here use SSL encryption and verify your ID before withdrawals.

Licensing & Safety

License / AuthorityApplies WhereExamples
iGaming Ontario (AGCO)Ontario-onlySports Interaction, BetVictor
Kahnawake Gaming CommissionMost of Canada (outside Ontario)Bet99, TonyBet, 20Bet
Malta Gaming Authority (MGA)Global10bet, TonyBet
Curaçao eGamingOffshore (used in Canada)1xBet, 22Bet, BetPlays, BC.Game
UK Gambling CommissionGlobal benchmarkBetVictor (international version)
SSL Encryption & LoginAll legal sportsbooksSecures personal and banking data

Responsible Gambling

ToolFunction
Deposit & Loss LimitsSet spending limits over a day, week, or month
Session AlertsGet reminders after fixed time intervals
Self-ExclusionTemporarily or permanently block betting access
Reality ChecksOn-screen updates of time spent and amount wagered
Age VerificationAll sites require ID verification (18+ in AB/MB/QC, 19+ in other provinces)

Some sportsbooks allow you to manage these tools in your account dashboard; others require contacting support. Sites licensed in Ontario or by MGA typically offer the most complete in-dashboard RG features.

Bonuses & Promotions

Welcome Bonus

TonyBet First Deposit Bonus Up To $350

Medium
to obtain
expire
19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario. Always Gamble Responsibly.
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Welcome Bonus

BetVictor Up to $400 in Bet Credits

Easy
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Welcome Bonus

Bet99 First Bet Encore Up To $800

Easy
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19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario. Always Gamble Responsibly.
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RG99
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Welcome Bonus

1xBET 120% first deposit bonus up to $540 CAD

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20Bet Welcome Bonus: 100% UP TO $150

Hard
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BC Game 120% Bonus + 5 Free Bet In Sports

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10bet Welcome Bonus: 125% up to $250 + $10 Free Bet

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22Bet Welcome Bonus: 100% Up to $180

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BetPlays Sport Welcome Bonus: 200% up to $2,000

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Odds Boost

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Welcome Bonus

Sports Interaction Welcome Bonus: 125% up to $250

Medium
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12/30/2025
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19+ (18+ in AB, MB & QC). T&Cs Apply. Bonus offers are not available in Ontario. Always Gamble Responsibly.
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Welcome Bonus

LeoVegas Welcome Bonus: $50 in Bonus Bets When You Bet $25

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BetPlays Sports Bonus up to 120%

Hard
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How to Sign Up & Start Betting

  1. Pick your sportsbook
    Choose a licensed site that operates legally in your province. For Ontario residents, this means an iGaming Ontario–approved operator. Look for Formula 1 odds, good promos, and payment options you’re comfortable with.
  2. Create your account
    Click Join or Sign Up and enter your details: full name, date of birth, address, phone, and email. Use accurate information, it will need to match your ID later.
  3. Set login details
    Select a strong password and, where available, enable two-factor authentication (2FA) for extra protection on your account.
  4. Verify identity
    Upload government-issued photo ID such as a passport or driver’s license, plus proof of address (like a utility bill or bank statement). This KYC step is mandatory before you can withdraw.
  5. Confirm location
    Sportsbooks may run a geolocation check through your device or browser to verify you’re physically in an eligible province.
  6. Fund your account
    Head to the cashier and choose a method like Interac, debit/credit card, e-wallet, or crypto (for offshore sites). Deposits are usually instant. Don’t forget to apply any promo code at this stage.
  7. Place your first F1 bet
    Navigate to the Formula 1 section, pick a market, such as outright race winner, podium finish, or fastest lap, enter your stake, and confirm the slip.
  8. Withdraw your winnings
    Return to the cashier when you’re ready to cash out. Most sites pay back through the same method used to deposit. E-wallets are typically fastest, while cards and bank transfers may take a couple of days.

Common F1 Bet Types in Canada

Formula 1 betting has a clear rhythm: part precision, part drama. For some, it’s a simple pick on the race winner; for others, it means reading qualifying pace, tyre strategy and Safety Car risk. Canadian sportsbooks cover both approaches, with markets from outrights to head-to-heads and props.

Bet TypeDescription (and Example)
Race Winner (Grand Prix Winner)Pick the driver to win the race. Example: Max Verstappen to win the Canadian Grand Prix.
Podium Finish (Top 3)Driver must finish P1–P3. Safer than outright winner. Example: Fernando Alonso to finish on the podium.
Points Finish (Top 10)Driver must finish in the points. Good for midfield/value plays. Example: Alex Albon to finish Top 10.
Pole Position (Qualifying Winner)Who takes P1 in qualifying. Focuses on one-lap pace. Example: Charles Leclerc to take pole.
Fastest LapDriver to set the fastest lap in the race (often late on fresh tyres). Example: Lando Norris - fastest lap.
Head-to-Head (Race)Which of two drivers finishes higher in the race. Example: Hamilton to finish ahead of Alonso.
Head-to-Head (Qualifying)Which of two drivers qualifies higher. Example: Piastri to out-qualify Sainz.
Drivers’ Championship (Season Future)Back a driver to win the title over the full season. Example: George Russell - Drivers’ Champion.
Constructors’ Championship (Season Future)Back a team to win the constructors’ title. Example: Ferrari - Constructors’ Champion.
Constructor to Win RaceBet the winning team rather than a specific driver. Example: Red Bull to win the Grand Prix.
Leader After Lap 1 / To Lead a LapEarly-race start bets or any-lap leadership props. Example: Sergio Pérez to lead after Lap 1.
Winning MarginPredict the victory gap (e.g., under/over a seconds threshold). Example: Winning margin under 5.0s.
Safety Car: Yes/NoWill a (full) Safety Car appear in the Monaco Grand Prix? Example: Safety Car: Yes.
Number of Classified Finishers (O/U)Over/under on how many cars finish. Example: Over 15.5 classified finishers.
Team/Driver Podium SpecialsTeam double-podium or specific driver podium combos. Example: Both McLaren drivers to finish on the podium.
Qualifying/Race DoublesCombine outcomes across sessions. Example: Driver to take pole and win the race.

Odds and Lines Comparison

Line-shopping matters in F1: prices can swing after practice, qualifying, or even weather updates. Here’s how the Canadian Grand Prix (Montreal, June 15, 2025) winner odds looked at four different books:

SportsbookVerstappen (Win)Norris (Win)Leclerc (Win)Piastri (Win)
TonyBet6.502.6010.002.50
Bet997.002.7511.002.55
22Bet6.502.6010.002.60
1xBet6.752.7013.002.50

Odds collected on June 14, 2025 

Payment Options: Deposits & Withdrawals

Most Canadian sportsbooks support fast and secure banking, including Interac, credit cards, e-wallets, and crypto. Deposits usually show up instantly, while withdrawals depend on the method and verification. If your ID is confirmed, most payouts take 1–3 business days or just hours if using crypto or PayPal.

Here’s a breakdown of the most common options for F1 bettors in Canada:

Payment MethodTypical SpeedNotes
Interac e-TransferInstant deposit / 1–2 days withdrawalWidely supported; low or no fees; ideal for Canadian users
Visa / MastercardInstant deposit / 2–5 days withdrawalSome banks may block withdrawals or treat them as cash advances
Bank Transfer (EFT)1–3 days both waysBest for larger sums; slower but reliable; some sportsbooks offer 1 free withdrawal/month
PayPal / E-WalletsInstant deposit / ≤24 hrs withdrawalFast and secure; only available on select sportsbooks like BetVictor or Bet99
InstaDebit / iDebitInstant deposit / 1–3 days withdrawalLinks directly to Canadian bank accounts; usually low withdrawal fees (~$2)
Cryptocurrency (BTC, ETH, etc.)10–60 min deposit / 1–2 hrs withdrawalPrivate and fast; available only on offshore sportsbooks (e.g. 20Bet, BC.Game)
Prepaid Cards (Paysafecard)Instant deposit / no withdrawalGreat for privacy; cannot be used for withdrawals

Customer Support & Service

Most top Canadian sportsbooks offer 24/7 live chat, plus email and searchable help centres. If you run into issues with deposits, bet confirmation, or withdrawals during F1 events, live support can be a real difference-maker.

Here’s how some of the best F1 sportsbooks compare:

SportsbookLive Chat (24/7)Avg. Live-Chat Speed
Sports Interaction4 min 30 sec
BetVictor✅ 11 minutes
TonyBet✅ under 2 minutes
22Bet✅ ~1 minute
20Bet✅ ~1 minute
BetPlays✅ under 2 minutes

FAQs

General Questions

Is F1 betting legal in Canada?

Yes. Single-event betting is legal nationwide. Ontario uses provincially licensed sites; elsewhere, reputable offshore-licensed sportsbooks operate legally for Canadians.

Can I bet in Ontario and other provinces with the same app?

Usually no. Ontario apps work only inside Ontario; most “rest-of-Canada” sites are blocked when you’re in ON due to geolocation rules.

Do sportsbooks stream F1 races?

No. They offer live data/trackers, but video rights sit with broadcasters/F1 TV. You can still place live bets while watching elsewhere.

What happens if my driver doesn’t start?

Pre-race bets on non-starters are usually voided and refunded. If an event is rescheduled soon, most books keep bets active; otherwise, they settle or void per sportsbook’s rules: always check the market notes (e.g., Safety Car vs. Virtual Safety Car).

Any quick tips for F1 betting?

Shop around for the best price, weigh the track traits and weather, and mind the qualifying form. Set limits and avoid chasing losses.

18+

Sports betting is restricted to users 19+ (18+ in AB, MB & QC). Bonus offers are not available to users in Ontario. Please gamble responsibly. If you have a gambling problem, in Canada, contact 1-866-531-2600 (ON), or visit RGC for help. In compliance with AGCO regulations. RG.org does not accept bets or offer gambling services. Users are responsible for complying with local laws and regulations.

<p>In his childhood, he was passionate about football and also enjoyed playing tennis and chess. While his enthusiasm for football has cooled over the years—though he still follows major tournaments—he now prefers hockey, tennis, and rugby, especially rugby league. During the COVID-19 period, he also developed a strong interest in esports, particularly Counter-Strike, and began following professional tournaments.</p><p>Professionally, he combines his interest in sports with his experience as a freelance writer, focusing on betting-related content. He has written reviews of sportsbooks, betting site comparisons, and educational guides aimed at helping users understand betting platforms, odds, and promotions across various markets.</p>
Interests:
NRL
NHL
ATP
WTA
esports
Counter Strike
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