Golden comes from the respected Oblongish family line, who before the destruction of Megawin had lorded over the odds factories for aeons and were envied for creating the very best betting markets on planet Megawin. Though great success creates bitter enemies.
Tormented for his golden oblong shaped face, Golden Oblongish resented his father for naming him in such a ridiculous way. Why did he have a golden head? And why was it shaped like an oblong? And why did his second name have to be Oblongish?
It was only years later when his father took him to the Great Mountain of Reels and explained to him the origin of his name. There was only one reason — it was to build his strength and courage. If he could stand strong against the bitter and jealous bullies at school, even with the most unfortunate face in the universe, he could take on anybody.
And so he did. He continuously beat the odds. And after just ten years he had taken over the odds factories from his father, generating more odds boosts Megawin had ever seen in a single year.
So to this day, even after fleeing his home planet, he knew he was destined for greater things. His mission now is simple — to bring the best odds to Australia.
When we looked for the best betting sites for F1 in Australia, we were overwhelmed with choice. In pretty much any candidate for the best bookmaker in Australia, you’ll also find great Formula 1 racing markets executed with speed and slickness of the sportsbook equivalent of a Mclaren MP4/4.
To help you find the operator with the right drive for you, we’re going to be taking a look at everything which makes some sportsbooks a lap ahead of the rest.
Who should make use of this Formula 1 bookmaker comparison?
Who should use our guide to the best bookmaker for Formula 1 in Australia? It’s obvious, Formula 1 fans. But more than that, the people who should make use of our guide are those who demand the best from their bookmaker – those who think the best betting sites for F1 in Australia should be held to exactly the same standards as the best betting sites for football in Australia.
It’s those who want the best possible betting experience from customer service to the finest odds, with more inbetween. There’s plenty of good betting sites out there, but this review is for those looking for greatness.
Operator Checklist: Top 5 steps for a secure & fair gambling experience
There’s nothing more important in our search for the best betting sites for F1 in Australia than security. It would be the same if we were looking for the best betting sites for rugby as it is here. With that in mind, here’s a top five list of what we look for to ensure any site recommendation we give comes with the utmost security scrutiny.
Checking for licensing
The fastest way to find out if any site is legitimate is to ensure they have a license. The relevant example for Australia is the Northern Territory Racing Commission. If you see this, you know the site you’re using is operating strictly under the law. That’s the foundation of all sportsbook security.
Making sure there’s encryption
As we’re dealing with real money betting sites, we have to be vigilant about our data. Not only do these sites require you to input financial info, but other personal details too, including possible photo identification. Encryption is what ensures that internet baddies can’t make a speedy getaway with all that precious data.
Ensuring they have safe banking methods
A good betting site should only allow trustworthy banking methods. So, it’s important for us to check the safety of the individual banking methods independent of the bookmaker.
Reviewing their commitment to responsible gaming
The best Formula 1 racers know how to take calculated risks. However, you should never take risks when it comes to your financial safety. That’s why a bookmaker’s commitment to responsible gaming is so important. We check out everything from advice to practical help – like betting limits and self-exclusion options – to ensure they’re taking their players’ safety seriously.
Researching their reputation
There’s no better indication of the quality of any part of a betting site than customer feedback. We do thorough research to find as much feedback as we can, from any historical issues to reviews on the app store. A long list of customer complaints regarding security is as red a flag as a Scuderia Ferrari.
Editor’s recommendation – the best online bookmaker for F1
While it might not be what Betfair is most famous for, our pick for them here shouldn’t come as much as a surprise to anyone. That’s because whether we’re talking about the best bookmaker for horse racing, football or any other sport, this industry trailblazer’s consistent brilliance ensures they’re always in the conversation. Being considered among the best betting sites for F1 in Australia is just one more example of their excellence.
They provide one of the broadest Formula 1 market selections out there, across both their traditional sportsbook and their exceptional betting exchange. The site experience from pre-game to live is an absolute dream, their odds are consistently tough to beat and they pull it all off with a wonderful selection of promotions, news and tips. That means you can approach any race fully armed with everything you need to make the most informed and best value bets you possibly can.
When it comes to online betting on Formula 1 markets, we don’t think there’s any better.
This is how our experts test bookmakers for F1 in Australia
View this as our version of a mechanic popping open the hood of a betting operator. Check out just how much goes into a Captain Gambling recommendation.
We go about looking at market variety the same way you would when looking for the best betting sites for Australian Rules football or any other sport. We head on over to the sports page, find the Formula 1 category and see what tournaments and markets are available. The more, the merrier.
We see what banking methods are available, and personally test how well deposits and withdrawals work. This includes assessing the speed of transactions, seeing how fair the fees are and checking how clear all the information is available on the site.
The only true way to test out customer service is to try them out yourself. We start by checking out the help and FAQ sections, before trying the contact options for ourself. Particular attention is paid to the speed and helpfulness of the responses.
In terms of testing design, we push the site to its technical limit as much as we can by simply using the site as much as possible. This also allows us to analyse things like structure, loading times and link responses.
We also look at market variety here, along with how well things respond, the detail and the smoothness of the experience. The faster the site responds, the quicker you can react with your betting strategy.
Logistically and technically, mobile might be the ultimate challenge for a betting site. The only way to test this out is by heading over to the app or mobile version of a site and do everything we would on the desktop.
Testing the odds is twofold. First we check the overround to see how competitive they are. The other test is to compare to competitors in those same markets.
Testing the betting limits is really simple: we look for information on minimum and maximum bet amounts, and if they’re not available, we ask customer service for more information. The broader the limits, the better.
Finding the right F1 bookmaker for you
One of the most important things to realise is that it’s not just about finding the best bookmaker for Formula 1 in Australia in general, but also about finding the right experience for online betting on Formula 1 for you. Even though we’re all brought here by our shared love for racing, we’re all different and have distinct tastes.
One may prefer the style of one site over another. One person may want a jack-of-all-trades betting sites: one you could say is also as valid a candidate for best betting sites for cash out in Australia as it is for F1. Others may prefer a sportsbook exclusive. You might bet on a night and want around the clock customer service. You may bet only on your mobile, so the app is all important. Live coverage could be vital, so you may want a site that can technically keep pace with the action.
These are all just preferences and there’s no right answer – just what you prefer. Our recommendations are here to help provide you with an assurance of quality, so you can then use that information to decide amongst only excellent candidates which best suits your betting needs.
The Most Popular F1 Betting Markets
As a concept, a race is always pretty straightforward. The first over the line wins, with other positions being decided in the same fashion. But F1 fans know this is a sport filled to the brim with hidden depths, from the intricacies of the engine to the strategy employed by the drivers. This depth can also be found in the many great markets available on the best betting sites for F1 in Australia. Here are five of the most popular – and the most interesting.
We’ll start with the obvious here and that’s outright betting. Here, you back which driver will win a race, or who will win the World Championship overall. Both are simple enough for newcomers to understand and make an intelligent prediction on without needing a great deal of expertise, while also being the ultimate question for long-term fans of the sport. After all, in any sport, as is the case with online betting on Formula 1, there’s nothing more important than the winner.
Backing a winner, however, can sometimes limit your options, especially if you want to back an underdog with your heart but your head just doesn’t think they can go all the way. That’s just one example. Utilising the finishing position market can help expand your options regardless of your strategic reasoning, allowing you to choose the driver you think will end up in the top three positions.
A really interesting market here, as your winning pick doesn’t even need to finish well to take this accolade and net you a winning bet. Indeed, this is you backing which driver will complete the fastest lap – the rest of the race doesn’t matter here.
Match up betting
One of the things that newcomers can find overwhelming about Formula 1 betting is there are often so many drivers to choose from. Match up betting solves this problem by allowing you to pick between a group of as low as two racers and choose the winner between them. This is a great example of how the best betting sites for F1 in Australia allow you to wager how you want.
Thanks to the world of virtual sports, there’s no end to the amount of betting markets available. If you haven’t checked out virtual F1 racing, we think you’ll be amazed at the level of quality, depth and immersion they now offer, providing as close to the real thing as possible for when the traditional markets aren’t available.
F1 Racing is a physical, demanding sport, but it’s also a deeply strategic one too. As such, it demands just as meticulous an approach if you want to make the smartest possible bets you can. With that in mind, we’ve broken down five top betting tips to consider on Formula 1, no matter which bookmaker is right for you.
Research specific circuits
The backbone to informed Formula 1 racing bets is research. Finding the best betting sites for Formula 1 in Australia is one thing, but finding the right betting markets for you comes from putting in the work. That means looking into the history of the driver, team, cars and more.
The most common mistake people make during this process though is not taking into account the impact of specific circuits. Remember, every circuit is different and can have a massive effect on performance. So, when researching, be sure to distinguish circuit history as much as possible for the most accurate understanding of a racer’s ability.
Remember it’s a team sport
Perhaps because the team is never the one on the front cover of magazines, a lot of people forget that Formula 1 is very much a team sport. No one driver can do everything alone and the strength of the team as a whole is just as important as that of an individual racer. From the pit crew to the track, a successful race is one of many parts and many people.
Don’t over-rely on the qualifications
A lot of people use the qualifying times as their guide to betting, and if you want a quick and easy way of getting to understand a race, there are certainly worse ways of going about it. However, qualifying times don’t always translate on the day and there have been many occasions of an excellent qualifying time being let down by a poor performance on race day.
Always consider the conditions
There are a lot of reasons why there could be a huge gulf in the qualifying time and the race day performance. It could be as simple as they had a bad race or their competitors did better on the day. One of the most pivotal factors though, is conditions.
Temperature, humidity, winds, rain: all of these can dramatically change the outcome of a race. There are many sports that are heavily impacted by the weather conditions, and arguably none more than Formula 1.
Utilise the many markets
The great thing about having so many markets isn’t simply that they provide a lot of interesting ways to bet on Formula 1. They also provide a strategic advantage. To put it simply, betting is about finding opportunities to win from markets where you think your prediction is the right one. More markets means more opportunities, so check them all out and don’t just stick to what you know.
Live markets can also open up a whole new way to bet, and you’d be astonished by the quality of live experiences, including streaming, considering the speed of the sport.
Formula 1 has captured the imagination of Australians for decades, and finding the right betting operator for you is all about enhancing that experience. It’s not just about getting the most value for your bets. It’s also about finding the right betting experience: one which gives you a deeper appreciation of the sport you love.
The best betting markets should always be about that, as the process of betting can help you consider the sport in ways you’d never previously considered. It can educate and stimulate as you consider all the variables which go into making this sport of hidden depths so fascinating. Finding the best betting sites for F1 in Australia is about finding the perfect platform for that enhancement.
Best Betting Sites for F1 in Australia FAQ
💰Where can I bet on Formula 1 for real money?
Formula 1 is one of the biggest and most popular sports in the world, but not all Australians are aware of where they can bet on F1 for real money – and if they can, they may not know the kind of markets available. Here, we’ll be looking at the finest places for you to bet on Formula 1 from all across the world, so you know you’re getting the best possible betting experience.
❓Is Formula 1 live betting available?
The fast-paced action of Formula 1 is a big part of the reason so many people love the sport that goes full throttle. It makes sense then that a lot of people also want to bet along with the action. But with such lighting action, it can be hard to imagine how bookmakers could pull it off. As part of our look at the best operator for F1, we’ll also be discussing whether you can also bet live alongside pre-match markets. Stay in the loop with CaptainGambling.com.
✅What betting markets are available for Formula 1 betting?
Because Formula 1 is so simple in concept – it’s a race, after all – some people think that the betting selection is also as straightforward as backing your favourites to win. While this does make up part of the diverse market selection, there’s plenty more depth and variety to the F1 betting markets. To find out much more about what’s available, be sure to check out our look at the best operators and more.
Above all the Captain demands transparency — and he gets that by seeing over the production of brutally honest bookmaker reviews. Only through constructive criticism will he weed out Dodgybookie and his evil bookie cronies.
Favourite Betting Apps
The Captain spends 60% of his time flying the cosmos — so of course he needs the best portable betting experience man can offer. The Bookie Rangers are also tasked with reviewing the best betting apps in Australia.
Bookmakers Per Sport
Some bookies are better than others – the Captain not only knows that, but respects that. He will never judge a bookie that specialises in horse racing on its football product negatively — well, not completely.
Other Important Pages
The whole is greater than its parts — the Captain’s motto for life. As such, the pages in this column reflect the inner workings of this site. Nothing that will interest mere mortals, but will certainly make the Google gods happy.