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

August 1, 2022

Interest in Formula 1 has increased massively in the US over the last five years. In 2023, Las Vegas will host 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 bettors. 

SportsbookPromo OfferPromo Code
Bet365Bet $1 Get $200None Needed - Use Link
DraftKings20% up to $1,000 Deposit BonusNone Needed - Use Link
FanDuel$1,000 No Sweat First BetNone Needed - Use Link
CaesarsFirst Bet Free Up to $1,250 + 1,000 Caesars Tiers Credits + 1,000 Reward Credits®SPORTSBONUSFULL
BetMGM$1,000 Risk-Free BetUSSBRF1000
PointsBet $2,000 Risk-Free betUSSB2000
BetRiversSecond Chance Free Bet Up to $500SPORTS
SugarHouseSecond Chance Free Bet Up to $500 SPORTS
Fubo $1,000 Risk-Free Bet + 1 Month Fubo TVUSSB1000
Unibet$250 Risk-Free BetNone Needed - Use Link
SIBet $20 Win $100GET100
Tipico$100 sign-up bonusNone Needed - Use Link
Betway$250 Risk-Free BetNone Needed - Use Link
Borgata$20 Get $100 USSB
MaximBet100% up to $1,000None Needed - Use Link

Best Sportsbook Promos For F1

BetMGM - $1,000 Risk Free Bet

BetMGM  $1000 risk-free first wager

BetMGM offers newcomers a completely risk-free $1,000 bet. The offer can be claimed easily, you just need to register and enter the promo code USSBRF1000. Then, make your first deposit of up to $1,000. You will receive the bonus after you place your first wager on the sportsbook. 

The promo is available for sports-betting enthusiasts in many states. BetMGM offers multiple options for sports and odds. It is a great option if you want to bet on your favorite races and drivers.

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

SportsbookBetMGM
Promo Offer:$1,000 Risk-Free Bet
Promo Code:USSBRF1000
Promo Dates:Ongoing
Selected Event:Any
Eligible States:AZ, CO, IN, IA, MI, KS, 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

Bet365 welcomes new players with a remarkable promo. You just need to sign up using the link below and make a deposit of at least $10 — and voila, you can claim the bonus of $200 in free bets! 

If you are a race fan in New Jersey, you can use the bonus for any F1 bet with -500 minimum odds. The free bets will be available for up to 90 days. 

✅ Generous offers for new members
✅ Live betting service 24/7

❌ Only available in New Jersey

SportsbookBet365
Promo Offer:Bet $1 Get $200
Promo Code:None Needed - Use Link
Selected Events:Any
Promo Dates:Ongoing
Eligible States:NJ

FanDuel - $1,000 No Sweat First Bet

FanDuel $1,000 No Sweat First Bet.jpg

FanDuel understands that first-time bettors may be nervous about participating in F1 betting. FanDuel offers the $1,000 No Sweat First Bet promotion to solve that problem. All you need to do is make a FanDuel account using our promo link below and place a bet of at least $10 and you are set. You’ll receive the bonus in the form of free bet credits once the first wager has been settled as a loss. 

SportsbookFanDuel
Promo Offer:$1,000 No Sweat First Bet
Promo Code:None Needed - Use Link
Promo Dates:Ongoing
Selected Events:Any
Eligible States:AZ, CO, CT, IA, IL, IN, KS, LA, NJ, NY, MI, PA, TN, VA, WV, WY

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

Draftkings sportsbook deposit bonus

DraftKings offers a deposit bonus which is great for anyone who wants to be able to use their bonus money on more than just one bet. It’s easy to take advantage of this offer!

Make a minimum of $5 first deposit after creating a DraftKings account using our promo link below, then DraftKings will match 20% of your deposit up to $1,000.

✅  Available in many states
✅  Trusted sportsbook

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

Caesar's - First Bet Free Up to $1,250 + 1,000 Caesars Tiers Credits + 1,000 Reward Credits®

Caesars Sportsbook Promo 1100 Risk Free Bet

With Caesars Sportsbook, first-time bettors can get a free bet of up to $1,250 plus 1,000 Caesars Tier Credits and 1,000 Reward Credits. Just use the promo code “SPORTSBONUSFULL” when you register for your account. The free bets may take up to two business days to be received once you’ve made your first deposit to your account.

✅  User-friendly platform
✅  Easy sign-up process
✅  Available in many states

SportsbookCaesars Sportsbook
Promo Offer:First Bet Up to $1,250 + 1,000 Caesars Tier Credits + 1,000 Reward Credits
Promo Code:SPORTSBONUSFULL
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

To welcome new users, PointsBet Sportsbook offers two separate risk-free bets: $500 on your first real wager for the fixed odds market and up to $1,500 on your first PointsBetting wager. To claim this offer, use our promo code “USSB2000”.

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

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

BetRivers - Second Chance Free Bet Up to $500

BetRivers Sportsbook $500 Free Bets

BetRivers Sportsbook offers new users one of the most lucrative bonuses on the market with their Second Chance Free Bet Up to $500 promotion. 

You won’t need to worry about the result of your first bet as BetRivers will refund you with a free bet equal to your stake (up to $500 maximum) if it loses. To take advantage of this offer, all you need to do is sign-up and place your first bet of $10 or more on your favorite F1 races or drivers. 

✅  Guaranteed as this is a deposit bonus offer
✅  Available in many states (including New York)

SportsbookBetRivers
Promo Offer:100% up to $250 Deposit Bonus
Promo Code:SPORTS
Promo Dates: Ongoing
Selected Events:Any
Eligible States:AZ, CO, IL, IA, IN, NY, MI, PA, VA

SugarHouse - Second Chance Free Bet Up to $500

SUGARHOUSE $500 FREE BET

SugarHouse has an intriguing offer for new players with its Second Chance Free Bet Up to $500 promotion. You can now enjoy a risk-free initial bet! Register an account with SugarHouse using the promo code SPORTS and make a minimum deposit of $10 to take advantage of this offer.

SportsbookSugarHouse
Promo Offer:Second Chance Free Bet Up to $500 
Promo Code:SPORTS
Promo Dates: Ongoing
Selected Events: Any 
Eligible States:CT

Fubo - Risk-Free Bet Up to $1,000 + 1 Month of Free fuboTV

Fubo $1000 Risk-Free Bet + 1 Month Fubo TV.jpg

Fubo welcomes newcomers with a special offer. You can enjoy a promo of Risk-Free Bet Up to $1,000 and tons of sports, news, and entertainment channels for free for one month using fuboTV. Through live video and sportsbook, Fubo provides its customers with some of the best options to enjoy the F1 competition. 

All you have to do to claim the promo is sign-up for a Fubo Sportsbook account with the provided link. After registering, enter the promo code USSB1000 and make a deposit. If your first wager loses, you’ll receive an equivalent amount back in free bets up to $1,000. 

✅ Multiple Sports and Odds choices
✅ Linked to Fubo TV
❌ Only available in Iowa and Arizona

SportsbookFubo
Promo Offer:$1,000 Risk-Free Bet bonus + 1 month fuboTV
Promo Code:USSB1000
Promo Dates:Ongoing
Selected Events: Any
Eligible States:IA, AZ

Unibet - $250 Risk-Free Bet

Unibet $250 Risk-Free Bet.jpg

Unibet Sportsbook provides a great experience for users with a convenient website and application. Unibet also offers a $250 Risk-Free Bet for new users. To take advantage of the promo, you’ll need to register an account and make your first wager.

Each state will receive a different amount of bonus funds: $250 for NJ, $100 for IA and IL, and $500 for PA. 

Bettors in Arizona can enjoy Unibet’s Bet $50 and Get $200 In Free Bets welcome promo. You just need to sign up and make an initial bet of between $10 and $50. Then, you will receive four matched free bets up to $200. 

✅  Beneficial welcome bonus

✅  Numerous sports and live-betting actions

✅  Easy-to-use website and mobile app

SportsbookUnibet
Promo Offer:$250 Risk-Free Bet
Promo Code:None Needed - Use Link
Promo Dates: Ongoing
Selected Events:Any
Eligible States:AZ, NJ, IA, VA, PA

SI Sportsbook - Bet $20 Win $100

SI Sportsbook Bet $20 Win $100.jpg

SI Sportsbook has an impressive Bet $20 Win $100 welcome offer for new users. Just register, make your first deposit and place a $20 bet, and you will receive $100 in free bets as a bonus if your bet settles as a win. You must use your free bets within seven days of receiving them. 

✅  Multiple payment options
✅  Various sports and markets
❌  Only available in Colorado and Virginia

SportsbookSI Sportsbook
Promo Offer:Bet $20 Win $100
Promo Code:GET100
Promo Dates: Ongoing
Selected Events: Any 
Eligible States:CO, VA, MI

Tipico - $100 Sign-Up Bonus

Tipico Sporstsbook Sign Up Bonus

Tipico Sportsbook makes betting even more entertaining for Colorado and New Jersey’s bettors, and new users can take advantage of Tipico’s $100 sign-up bonus. To claim the promo, just to sign-up using the provided link and make an initial deposit of $10 minimum. Tipico will match your initial deposit with bonus credit up to $100.

✅ Simple and Profitable Sign-up Process
❌ Only available in Colorado and New Jersey

SportsbookTipico 
Promo Offer:$100 Sign-Up Bonus
Promo Code:None Needed - Use Link
Promo Dates: Ongoing
Selected Events: Any
Eligible States:CO, NJ

Betway - $250 Risk-Free Bet

BETWAY $250 RISK-FREE BET

Betway provides exciting experiences for people who enjoy sports betting. New customers can get a risk-free bet of up to $250. There is no promo code required, you just need to sign up and make a deposit to claim the bonus.

✅  Simple and Quick sign-up process
✅  Risk-free bet for new users
✅  Player prop betting markets available

SportsbookBetway 
Promo Offer:$250 Risk- Free Bet
Promo Code:None Needed - Use Link
Promo Dates: Ongoing
Selected Events:Any
Eligible States:CO, IA, IN, NJ, PA

Borgata - Bet $20 Get $100

BORGATA BET 20 GET 100

Borgata Sportsbook offers a Bet $20 Get $100 promo for new users. Sign-up for an account and make a $20 minimum deposit, then place a $20 wager using the promo code USSB. Borgata will give you $100 in free bets that can be divided into 10 free bets of $10 each. 

SportsbookBorgata
Promo Offer:Bet $20 Get $100
Promo Code:USSB
Promo Dates: Ongoing
Selected Events: Any
Eligible States:NJ

MaximBet - 100% Up To $1,000

MaximBet 100% up to $1000.jpg

MaximBet offers a 100% Up To $1,000 welcome bonus to its new users. You can claim this offer easily by signing up for an account using the link below. After registering, make your first deposit and MaximBet will match it 100%, up to $1000. 

✅  User friendly interface
✅  Special offers for the users
❌  Only available in Colorado

SportsbookMaximBet 
Promo Offer:100% Up To $1,000
Promo Code:None Needed - Use Link
Promo Dates:Ongoing
Selected Events: Any
Eligible States:CO

Race Calendar

The 2022 season was planned to have more races than any other year before. However, with Sochi being removed from the schedule, it is down to 22 races, the same as in 2021. The Miami GP was held for the first time this year, and next year the Las Vegas GP will add another race hosted in the US to the Formula 1 circuit.

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 Pace13 Nov
22Abu Dhabi GPYas Marina Circuit20 Nov

Overview of 2022 Formula One

The F1 season this year began on March 20 in Bahrain and will end on November 20, consisting of 22 races in total. This season saw the debut of the Miami GP, as well as the return of the Australian, Canadian, Singapore and Japanese Grand Prix, after being absent since 2019 due to the pandemic.

This year's tournament is competed by 10 teams. With more than half the season over, Red Bull Racing RBPT holds first position with 545 points followed by Ferrari, Mercedes, Alpine Renault, and McLaren Mercedes with 406, 371, 125, and 107 points respectively.

Max Verstappen currently holds first position in the 2022 driver standings with 335 points. Following him, Charles Leclerc and Sergio Perez fill the second and third positions with 219, and 210 points respectively.  

Here is the latest update of future odds for drivers and teams to win the championship, which may help you place your bets.

Drivers Championship 2022Constructor Championship 2022
Max Verstappen -1200Red Bull -10000
Charles Leclerc +800Ferrari +700
Lewis Hamilton +4000Mercedes +1200
George Russell +4500Alfa Romeo +100000
Carlos Sainz Jr. +10000McLaren +100000

As you can see, the odds change quickly. Currently, the best value as we see it would be to bet on Max Verstappen at -1200. To maximize your betting profits, you can combine the odds above with the provided promos.

FAQ

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 are a total of 20 drivers in Formula 1.

How many teams are there in F1?

There are 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 and Alfa Romeo. 

How many races are the on the F1 2022 calendar?

There are a total of 22 races in 2022. Sochi was removed, so the initially planned 23 races are now down to 22. 

Gus
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.