Best Bitcoin Formula 1 Betting Sites in the Philippines


In the last decade or so, a major part of investment and interest has been taken over by the crypto industry. Among all the industries, online betting is one of the pioneers. Our focus today is F1 betting with Bitcoin in the Philippines. 

List of Best Formula 1 Bookmakers that Accept Bitcoin

Rank Bookmaker Rating Bonus Get bonus
1
4.5/5
20% Casino Games Cashback
PlayRead review
2
4.8/5
100% match bonus of up to 5 BTC
PlayRead review
3
4.5/5
100% Bonus up to 1.5 BTC + 100 Free Spins
PlayRead review
4
4.5/5
GET 270% OF FIRST DEPOSIT
PlayRead review

The Universal Guide to Bitcoin Formula 1 Betting in the Philippines

Betting on sports is pretty exciting, and F1 Racing has always been very popular in the Philippines. So, we decided to create a guide on Bitcoin Formula 1 betting in the Philippines.

bitcon formula 1 betting

We’re going to cover the popular markets, how to get started, what bonuses you can get, and review some of the sites and apps. 

How to Bet on Formula 1 Online

To get started with F1 betting with Bitcoin, you first need to choose from the best Bitcoin Formula 1 betting sites. Let us take you through the full journey. 

  • 1

    Register Account

    After you choose the sportsbook, it’s time to register an account. The process is very simple. You click the “Join Now” or “Sign Up” button and fill up the registration form. 

  • 2

    Deposit Bitcoin

    As we’re focusing on the Best Bitcoin Formula 1 betting sites, you need to deposit Bitcoin in your account. If you don’t have some already, open a crypto wallet, and buy some from a crypto exchange.

  • 3

    Choose the Sports Event to Bet On

    After your sportsbook account is funded, all there is left for you to do is choose the race you want to bet on. You should easily find the Formula 1 or Motorsports tab on the A-Z sports menu. Based on what event is concurrent, you’ll get the markets. 

Formula 1 Overview
🏟 ️First Introduced1973
🏢 Overseeing OrganizationsFederation Internationale de l'Automobile (FIA)
🔝 Bookmaker CoverageHigh
⭐️ Popular inUSA, Germany, Brazil, Mexico, China.
🌍 World ChampionshipFormula One World Championship
🏅 Olympic DisciplineNo

Popular Bonus Types

Online sportsbook and casino brands have always tried to draw more customers with bonuses. The practice is as old as the iGaming industry. What bonuses can you expect for F1 betting with Bitcoin? Let’s find out.

Deposit Match Welcome Bonus

A welcome bonus is usually the very first bonus you get at an online betting site. And for the most part, you need to deposit to become eligible for this bonus. The most common online bonus is a 100% match on your first deposit, known as the infamous “deposit match” bonus in the industry.

Free Bets

If you’re familiar with vouchers, free bets are more or less the same. You get a free bet credit from the Bitcoin F1 betting operator and you can place bets using that credit. Your options to choose the sports markets may or may not be restricted.

No Deposit Bonuses

The bonuses you get without depositing in your account. These are very rare in the Philippines. So, if you get some no deposit free bets, don’t let the opportunity slip.

Information about Sports Betting Bonuses

🔥 Non GamStop Gambling SitesAvailable
🔥 Reviewed Formula 1 Betting Sites10+
🔥 Listed Sportsbooks Without Gamstop5+
🔥 Best Betting Sites Sportsbet.io, Cloudbet
🔥 Min Wagering Ratex1
🔥 Featured BookieCloudbet

Top 3 Bitcoin F1 Bookmakers in the Philippines

Cloudbet

CloudBet is our first choice of sports for a Bitcoin Formula 1 betting site. It also offers plenty of sports options at the best odds.

Sportsbet.io

You may not have heard much of the Sportsbet.io bookie, but it’s an excellent option for Formula 1 betting using Bitcoin.

SportBet.one

Our last pick for the top Bitcoin F1 betting sites is SportBet.one simply because it has a wide array of F1 events available.

How We Rank Formula 1 Bookmakers

In the very beginning, we shared the list of the best Bitcoin Formula 1 betting sites. What criteria did we use for the ranking? Check them out. 

  • 1

    License

    Unlicensed betting sites are illegal in the Philippines. Moreover, a betting site must be licensed by the appropriate state government. No other licenses are valid within the state. That’s why we check and verify the license before anything else. 

  • 2

    Bonuses

    Once your safety is ensured, our goal is to make the experience enjoyable for you. Hence, we list the sites with the best bonuses. 

  • 3

    Sports Events

    F1 surely is a very enjoyable sport but races are not available throughout the year. So, we want you to have fun betting on other sports too. 

  • 4

    Customer Service

    In case you face any difficulties during your tenure, only a good customer support team will be able to help.

Top Bitcoin Betting Sites Table

♻️ Best Bitcoin Formula 1 Betting Site for CashbackCloudbet
⚡️ Best Bitcoin Formula 1 Betting Site for Instant PayoutsBetOnline.ag
💰 Best Bitcoin Formula 1 Betting Site for Free BetsLooselines.ag
🤑 Best Bitcoin Formula 1 Betting Site for Cash OutSportsbet.io
🎯 Best Bitcoin Formula 1 Betting Site for Live BettingSportBet.one
💡 Best Bitcoin Formula 1 Betting Site for InnovationThunderpick
👀 Best No Wagering Free Bets Bitcoin Betting SiteBetUs

Bitcoin Formula 1 Betting Useful Tips

If you want to succeed in Formula 1 betting, you must know the ins and outs of it. In fact, to succeed in sports betting in general, you must know what you’re doing. It’s simply because sports betting comes with a lot more parameters in your control.

“Pro Tip: Always check the car inspection details for the teams before you bet on a race. Any new developments in technology can throw off the favorites.” 

 

Most Popular Formula 1 Betting Markets

Compared to other sports, the number of markets for F1 betting is quite low. Even the best Bitcoin Formula 1 betting sites offer either one or both of the markets below.

  • Race Winner: As all Grand Prix events are based on races per season format, the common market is the race winner. You get odds for all the drivers in a given race.
  • Number of Victories in a Season: Before a season starts, the Bitcoin Formula 1 betting sites will project a range for the driver’s win.
  • Best Constructor (Bonus Market): As part of the Constructors Championship, you can choose the best constructor for the season.

 

Top 3 Mobile Apps for Bitcoin F1 Betting

Now that you know which are the best F1 betting bookies, you might be interested in the top mobile apps.

Sportsbet.io

Sportsbet.io has been a reliable name in the betting scene of the Philippines for a very long time. Also, it offers an impeccable mobile app for the sports betting section.

Cloudbet

An attractive interface and open declaration of being a Bitcoin Formula 1 betting site. What more do you need?

SportsBetting.ag

One of the many underappreciated Bitcoin F1 betting sites in the country. It has a very good app that both Android and iOS users can download.

 

Live Betting Formula 1

F1 is one of the best sports for live betting in our opinion. It’s fast and keeps everyone on edge during the races. This tremendous show of speed can throw the race favorite out of the track as well as from the favorite position at online bookmakers.

To keep up with all this, live betting on F1 offers a plethora of markets with great odds!

List of the Best Live Betting Sites

  1. Sportbet.one - Cash Out, Cashback, Average Odds (Fractional, American and Decimal Formats)
  2. Sportsbet.io  - Cashback, Promotions, Several Crypto Payment Alternatives
  3. BetUs - Cashback, Live Betting, Good UI
  4. Looselines.ag - Good promotions, Several Crypto Payment Alternatives
  5. Cloudbet - Cash out, Live Betting, Fractional & Decimal Odds

 

Popular Formula 1 Events to Bet On

All F1 events are Grand Prix races around the world. The caliber of the races is determined based on the difficulty of the track. So, all the popular events in F1 betting are Grand Prix Races.

Monaco Grand Prix: Circuit de Monaco

Arguably one of the hardest yet fastest races on the planet. This is the most anticipated event among all F1 lovers and punters. The odds are incredibly competitive for this event as well.

Italian Grand Prix: Autodromo Nazionale di Monza

The oldest host of the F1, coming into commission way back in 1922. This particular event has been a massive tourist attraction for Italy every calendar year. Ferrari is especially a favorite for this event, for obvious reasons.

British Grand Prix: Silverstone Circuit

Also known as the British GP, this is another exciting race for the drivers as well as the spectators. The mundane weather of Britain lights up during that time of the year as thousands of tourists come to witness the Silverstone circuit.

 

Best F1 Betting Odds

In sports betting, odds give you the idea of how likely an event is. The better you can read the odds, the more you expect to succeed with Bitcoin F1 betting. All the betting sites we’ve listed on this page are known for their tight odds.

Author
Jarin Ahmed
Like many aspiring writers, Jarin focuses on bringing life to the text for her readers. She is an avid sports lover, growing up in a family obsessed with bookies. She is an expert in the iGaming niche and has secondary obsessions with Gardening and cooking.
Article rating
4/5
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FAQ. Frequently Asked Questions
  • Race winner is perhaps the most popular market for Bitcoin F1 betting.

  • By making accurate predictions of who might win a race or how many victories may a driver get in a season. Background research is mandatory.

  • At the best Bitcoin Formula 1 betting sites in the country. We’ve already listed them for you.

  • You need a valid betting account with the necessary funds in it. Then, you need to know what race you want to bet on and what’s the timeline for that. At the appropriate time, you place the bet.