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 2022 | Constructor Championship 2022 |
Max Verstappen -500 | Red Bull -400 |
Charles Leclerc +400 | Ferrari +333 |
Lewis Hamilton +4000 | Mercedes +1600 |
George Russell +6600 | Alfa Romeo +150000 |
Carlos Sainz Jr. +6600 | McLaren +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.
Sportsbook | F1 Promo Offer | Promo Code |
BetMGM | $1000 Risk-Free Bet | USSBRF1000 |
Bet365 | Bet $1 Get $200 | USSB200 |
FanDuel | $1,000 No Sweat Free Bet | None Needed - Use Link |
DraftKings | 20% up to $1000 Deposit Bonus | None Needed - Use link |
Caesars | $1,500 Risk-Free Bet | SPORTSBONUS15 |
PointsBet | $2000 risk-free bet | USSB2000 |
BetRivers | 100% up to $250 Deposit Bonus | 250MATCH |
BetMGM - $1,000 Risk Free Bet

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

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.
Sportsbook | Bet365 |
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 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 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.
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Available in many states
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Trusted sportsbook
Sportsbook | DraftKings |
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

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

What makes PointsBet Sportsbook unique is its PointsBetting. Your first βtraditional betβ is risk-free up to $500 while you have $1,500 risk-free bets for PointsBetting.
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Massive $2,000 risk-free bets
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Best design of all sportsbooks
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PointsBetting is exclusive to PointsBet
Sportsbook | 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 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.
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One of few deposit bonus offers
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Available in many states (including New York)
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1X play-thru - very easy to clear the bonus money
Sportsbook: | BetRivers |
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 Prix | Circuit | Race Date |
1 | Bahrain GP | Bahrain International Circuit | 20 Mar |
2 | Saudi Arabian GP | Jeddah Street Circuit | 27 Mar |
3 | Australian GP | Albert Park | 10 Apr |
4 | Emilia Romagna GP | Autodromo Enzo e Dino Ferrari | 24 Apr |
5 | Miami GP | Miami International Autodrome | 8 May |
6 | Spanish GP | Circuit de Catalunya | 22 May |
7 | Monaco GP | Circuit de Monaco | 29 May |
8 | Azerbaijan GP | Baku City Circuit | 12 Jun |
9 | Canadian GP | Circuit Gilles Villeneuve | 19 Jun |
10 | British GP | Circuit Silverstone | 3 Jul |
11 | Austrian GP | Red Bull Ring | 10 Jul |
12 | French GP | Circuit Paul Ricard | 24 Jul |
13 | Hungarian GP | Hungaroring | 31 Jul |
14 | Belgian GP | Spa-Francorchamps | 28 Aug |
15 | Dutch GP | Circuit Zandvoort | 4 Sep |
16 | Italian GP | Autodromo Nazionale Monza | 11 Sep |
17 | Singapore GP | Marina Bay Street Circuit | 2 Oct |
18 | Japanese GP | Suzuka Circuit | 9 Oct |
19 | United States GP | Circuit of the Americas | 23 Oct |
20 | Mexican GP | Autodromo Hermanos Rodriguez | 30 Oct |
21 | Brazilian GP | Autodromo Jose Carlos Pace Interlagos | 13 Nov |
22 | Abu Dhabi GP | Yas Marina Circuit | 20 Nov |
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 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.
