F1 Sports Betting Promos - All the Best Sportsbook Promos for the Formula 1 season 2022

August 1, 2022

The F1 season 1 tournament began on March 20 in Bahrain and will end on November 20, consisting of 22 races, including the arrival of the Miami race. In addition, the novelty of this season is the return of the Australian, Canadian, Singapore, and Japanese Grands Prix after being absent since 2019 due to the pandemic.

Overall, the tournament consists of 10 teams. After more than half of all races, Red Bull Racing RBPT took first place with 396 points followed by Ferrari, Mercedes, Alpine Renault, and McLaren Mercedes with 314, 270, 93, and 89 points respectively.

Until now, Max Verstappen is still in the first position as a driver with 233 points. Furthermore, the second and third positions are filled by Charles Leclerc and Sergio Perez with 170 and 163 points, respectively.

Here are the future odds on the driver and the team to win the championship according to BetMGM data, which you may help you place your bets.

Drivers Championship 2022Constructor Championship 2022
Max Verstappen -500Red Bull -400
Charles Leclerc +400Ferrari +333
Lewis Hamilton +4000Mercedes +1600
George Russell +6600Alfa Romeo +150000
Carlos Sainz Jr. +6600McLaren +200000

As you can see, the odds change fast, and currently, the best value as we see it would be to bet on Max Verstappen at -500. To maximize your betting profits, you can combine the odds above with the promos below.

Increased F1 interest in the US

The interest in Formula 1 has increased massively in the US over the last five years. The main reason for this is the hugely popular Netflix series Drive to Survive, which is now airing its fourth season. In 2023 Las Vegas will be hosting a 3rd US race on the Formula 1 calendar. 

The future looks bright for US F1 fans and with more races in the US, more sportsbook promos for motor racing can be expected. Below is a list of the best sportsbooks and promos for US gamblers. 

SportsbookF1  Promo OfferPromo Code
BetMGM$1000 Risk-Free BetUSSBRF1000
Bet365Bet $1 Get $200USSB200
FanDuel$1,000 No Sweat Free BetNone Needed - Use Link
DraftKings20% up to $1000 Deposit BonusNone Needed - Use link
Caesars$1,500 Risk-Free BetSPORTSBONUS15
PointsBet $2000 risk-free betUSSB2000
BetRivers100% up to $250 Deposit Bonus250MATCH

BetMGM - $1,000 Risk Free Bet

FanDuel Sportsbook Bet $5 Win $150

Bet $1,000 completely risk-free on how to win the constructors or drivers championship, who to win a race, finish on the podium, the first driver to crash or stop the race. There are plenty of options to use this BetMGM offer. 

βœ…  $1,000 risk-free on the first bet. 
βœ…  Available in many states
βœ…  Great sportsbook for F1 betting

Promo Offer:$1,000 Risk-Free Bet
Selected Event:Any
Promo Dates:Ongoing
Promo Code:USSBRF1000
Eligible States:AZ, CO, IN, IA, MI, MS, NJ, NY, PA, TN, VA, D.C., WV, LA, and WY 

Bet365 - Bet $1 Get $200 in Free Bets

Bet365 Bet $1 Get $200 Promo

Place a $1 bet on any F1 bet and get $200 in free bet credits at Bet365. This offer is too good to ignore but unfortunately, you have to be located in New Jersey to claim it. Great for Jersey citizens but sad for everyone else. 

The minimum deposit is $10 and the minimum odds is -500. You can use these free bets for up to 90 days.

Promo Offer:Bet $1 Get $200
Selected Event:Any
Promo Dates:Ongoing
Promo Code:USSB200
Eligible States:NJ

FanDuel - $1,000 No Sweat Free Bet

FanDuel Risk Free Bet Bonus

FanDuel Sportsbook has generous offers for those who are new to sports betting, such as the $1,000 No Sweat Free Bet promo. If you join FanDuel Sportsbook as a new user and don't win your first bet, you can get up to $1,000 back in free bets.

Sportsbook:FanDuel Sportsbook
Promo offer:$1,000 No Sweat Free Bet
Promo code:None Needed - Use Link
Promo dates:Ongoing
Selected events:Any
Eligible states:AZ, CO, CT, IA, IL, IN, LA, NJ, NY, MI, PA, TN, VA, WV, WY

DraftKings - 20% up to $1,000 Deposit Bonus

Draftkings sportsbook deposit bonus

DraftKings offer is a deposit bonus which is great for anyone who wants to be able to use their bonus money on more than just one bet. Which is the case with the first bet risk-free offers. The only downside with the DK offer is the 20'% deposit match which could be higher if you ask us. 

βœ…  Available in many states
βœ…  Trusted sportsbook

Promo Offer:20% up to $1,000 Deposit bonus
Selected Event:Any
Promo Dates:Ongoing
Promo Code:NONE NEEDED - Use link
Eligible States:AZ, CO, IA, IL, IN, MI, NJ, NY, PA, TN, VA, WY, LA, and WV

Caesar's - $1,500 Risk-Free Bet

Caesars Sportsbook Promo 1100 Risk Free Bet

At Caesars sportsbook, the first losing bet will be covered by the risk-free bet of up to $1,500 in the form of free bets. The free bets, which are instantly paid out, may take up to two business days once a deposit has been funded to your account.

Sportsbook:Caesars Sportsbook
Promo offer:$1,500 Risk-Free Bet
Promo code:SPORTSBONUS15
Promo dates:Ongoing
Selected events:Any
Eligible states:AZ, CO, IA, IL, IN, LA, NJ, NY, MI, TN, VA, WV, 

PointsBet - $2000 Risk Free Bet

PointsBet it Pays to be fast 2 Risk Free Bets Up to $2000

What makes PointsBet Sportsbook unique is its PointsBetting. Your first β€œtraditional bet” is risk-free up to $500 while you have $1,500 risk-free bets for PointsBetting. 

βœ…  Massive $2,000 risk-free bets
βœ…  Best design of all sportsbooks
βœ…  PointsBetting is exclusive to PointsBet

Promo  Offer:$2,000 risk-free ($500 first real wager + $1,500 first Pointsbetting wager)
Selected Events:Any
Promo Dates:Ongoing
Promo Code:USSB2000
Eligible States:CO, NJ, IN, IL, IA, MI, WV, NY

BetRivers - Deposit Bonus up to $250

Betrivers virginia promo code

BetRivers is just like DraftKings offering a deposit bonus. While the BetRivers Sportsbook bonus might not come across as great at first glance, it is actually one of the most lucrative bonuses on the market. 100% match up to $250 with a playthrough requirement of 1x the bonus amount this is a great promo offer. 

You can use your bonus money on as many bets as you like meaning that you can bet on several F1 races, drivers, etc by just claiming the BetRivers bonus offer. 

βœ…  One of few deposit bonus offers
βœ…  Available in many states (including New York)
βœ…  1X play-thru - very easy to clear the bonus money

Promo Offer:100% up to $250 Deposit Bonus
Promo Code:250MATCH
Eligible States:AZ, CO, IL, IA, IN, NY, MI, PA, VA

Race Calendar

The 2022 season was supposed to have more races than any other year before but with Sotchi being removed from the schedule it's down to 22 races, the same as in 2021. The Miami race is new for this year and next year Las Vegas will be another F1 race hosted in the US.

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Race #Grand PrixCircuitRace Date
1Bahrain GPBahrain International Circuit20 Mar
2Saudi Arabian GPJeddah Street Circuit27 Mar
3Australian GPAlbert Park10 Apr
4Emilia Romagna GPAutodromo Enzo e Dino Ferrari24 Apr
5Miami GPMiami International Autodrome8 May
6Spanish GPCircuit de Catalunya22 May
7Monaco GPCircuit de Monaco29 May
8Azerbaijan GPBaku City Circuit12 Jun
9Canadian GPCircuit Gilles Villeneuve19 Jun
10British GPCircuit Silverstone3 Jul
11Austrian GPRed Bull Ring10 Jul
12French GPCircuit Paul Ricard24 Jul
13Hungarian GPHungaroring31 Jul
14Belgian GPSpa-Francorchamps28 Aug
15Dutch GPCircuit Zandvoort4 Sep
16Italian GPAutodromo Nazionale Monza11 Sep
17Singapore GPMarina Bay Street Circuit2 Oct
18Japanese GPSuzuka Circuit9 Oct
19United States GPCircuit of the Americas23 Oct
20Mexican GPAutodromo Hermanos Rodriguez30 Oct
21Brazilian GPAutodromo Jose Carlos Pace Interlagos13 Nov
22Abu Dhabi GPYas Marina Circuit20 Nov


Can I bet on Formula 1?

Yes, you can bet on Formula 1 at most sportsbooks. F1 popularity is increasing rapidly in the U.S, and sportsbooks are offering more and more betting options for F1 races. 

How many drivers are there in F1?

There is a total of 20 drivers in Formula 1. 

How many teams are there in F1?

There is a total of 10 teams with 2 cars each on the starting grid. The teams are: 

  • Ferrari
  • Mercedes
  • Red Bull
  • Williams
  • MacLaren
  • Alpine
  • Aston Martin
  • Haas
  • Alpha Tauri
  • Alfa Romeo

How many races are the on the F1 2022 calendar?

There is a total of 22 races in 2022. Sotchi was removed from the race schedule so the initially planned 23 races is now down to 22. 

Gus Anderson
Gus Anderson is a gambling wizard. As a kid he dreamt about becoming a Tennis, Hockey and Golf professional but ended up as a gambling professional with focus on both sports & casino.