Best Fantasy Formula 1 Sites for 2024

Blake Roberts By Blake Roberts Founder & Editor in Chief at Betting.us Updated: April 3, 2024
Blake Roberts Blake Roberts Founder & Editor in Chief at Betting.us

Betting.us Editor-in-Chief Blake Roberts skillfully uses his background in statistics and sports knowledge base to create insightful betting guides. Blake was born in Morgantown, WV, and he has a community college degree in Statistics. His stamping grounds are the live betting platforms of West Virginia.

Best Daily Fantasy F1 Sites for May 2024

The options to compete in fantasy Formula 1 are growing as platforms add game modes and contests. We researched and tested each one to provide a final ranking. Here are our top picks

Show Details Up to $500 In DK Dollars Check Here Great bonuses Excellent app Reputable brand 4.95 Play Here! Valid only for new VA, NY players over 21 years of age. A customer's first deposit (min. $5) qualifies the user to receive up to $1,000 in bonus funds in the form of site credits that can only be used on DraftKings. Bonus amount is equal to 20% of that deposit amount, not to exceed $1,000 (the customer must deposit $5,000 to be eligible to receive the maximum possible bonus amount of $1,000). Full T&Cs apply.

We have picked these platforms based on a few key criteria. They are bonuses, terms and conditions, types of available bets, market variety, payment providers, and their general quality and safety.

Another crucial factor is mobile optimization. Fortunately, all sites on this page are accessible through a mobile device or have an app. This is one of the reasons why these daily fantasy Formula 1 sites are suitable for nearly any playstyle or player. Continue reading the next sections to find out more.

DraftKings – Best Site for Fantasy Formula 1

DraftKings logo with F1 car driving on track in background

DraftKings is one of the most well-known and reputable brands. Their daily fantasy sports contests are available in most states and provide a wide range of gambling activities to their customers [1]. During our research, we discovered that this platform is the logical option for daily fantasy Formula 1 due to a few key factors.

At the present time there is only one contest mode available for fantasy Formula 1 on the platform. But just like the sport itself, the game mode is a fast-paced and dynamic competition. You are able to enter contests with friends or compete against vast numbers of rivals to chase cash prizes.

Best Daily Fantasy Formula 1 Sites by Category

🥇 #1 Fantasy Formula1 Site DraftKings
🥇 Best Bonus DraftKings
🥇 Newest Site DraftKings
📱 Best Fantasy Formula1 App DraftKings

Daily fantasy Formula 1 sites are not made equal, as each of them excels in a specific field. Along with that, players have different preferences as well. That is why we have categorized the top platforms from this page depending on their best features. These are a great alternative to the best Formula 1 betting sites.

If you are looking for great promotions, then you can join the site with the best bonus offers. Some players might be looking for the freshest brand on the market that will offer the latest features. You can also join the best daily fantasy Formula 1 app. Ultimately, you can always go for the overall best site, which is DraftKings, and have a combination of everything.

Recommended Fantasy Formula 1 Website for May 2024

Let's outline our recommended fantasy Formula 1 site. This platform is number one on our list due to its great promotions, varied bet types, excellent platform and app, and overall quality. Check out more details below.

Up to $500 In DK Dollars Check Here Regular and varied DFS contests AL AK AZ AR CA CO CT DE FL GA IL IN IA KS KY LA ME MD MA MI MN MS MT NE NH NJ NM NY NC ND OH OK PA RI SC SD TN TX UT VT VA WV WI WY
Bet Here! Valid only for new VA, NY players over 21 years of age. A customer's first deposit (min. $5) qualifies the user to receive up to $1,000 in bonus funds in the form of site credits that can only be used on DraftKings. Bonus amount is equal to 20% of that deposit amount, not to exceed $1,000 (the customer must deposit $5,000 to be eligible to receive the maximum possible bonus amount of $1,000). Full T&Cs apply.

What Is Fantasy Formula 1 – Getting Started

American flag, F1 car driving on track, and a note pad

Fantasy Formula 1 is similar to all other Daily Fantasy Sports. Players create their fantasy team while hand-picking each entry/player. After that is done, they play with that lineup in fantasy tournaments against each other and win cash prizes. DFS betting is legal in nearly all states, but we recommend double-checking with our tables or your local government.

The differences between other sports and fantasy Formula 1 is in the way you create your lineup and how you compete. You start by picking five drivers and a constructor to form your team. Out of those drivers, you will pick a captain who will bring in more points but be more expensive to get.

When you finish your lineup at one of the fantasy Formula 1 sites, you can join a race and place your bets. Bear in mind that for your team to get points, your driver competing in the race needs to finish in the top 10. Let's move on and elaborate more on how to play daily fantasy Formula 1.

How to Play Daily Fantasy Formula 1

The first step towards playing fantasy Formula 1 is to learn the rules. As we have mentioned earlier, you will need to create your own team consisting of a constructor, which is one of the Formula 1 teams [3], and five drivers, one of whom you pick as captain that will bring you 1.5x the rewards but also cost 1.5x more.

Of course, you are not required to be an expert to make a good team, but knowledge in the sport will improve your odds. Each driver has their stats that you can view during the picking phase. You create a different team for each event/tournament, and rules can vary a bit depending on which daily fantasy Formula 1 site you join.

The Draft

You begin playing either on your computer or downloading one of the fantasy Formula 1 apps by drafting your team. Depending on the league that you join, you can be required to select a new team after a set period of time, like in a re-draft league. As mentioned earlier, you will need five drivers and a constructor.

  • Five drivers – One of which is selected as captain costs 1.5 times more but brings 1.5 times more points.
  • Constructor – You pick one of the Formula 1 teams.

Here is where real Formula 1 knowledge can help you tremendously, as not all drivers and constructors are made the same. Some of the most frequently picked F1 drivers[2] are Max Verstappen, Lewis Hamilton, Charles Leclerc, Lando Norris, and Sergio Perez. There are more factors to consider, but we will cover them in the next sections.

Scoring Formats

The way scoring is made can depend on the format of the fantasy Formula 1 league or even based on the site that you join. As we have mentioned before, in order to score points, your driver needs to finish in the top 10. Below, we will showcase the scoring in DraftKings as it is the most popular platform for Formula 1 DFS.

Driver Scoring:

  • Position – 1 to 25 points – for example – 5th position gives 10 points.
  • Fastest Lap of the race – 3 points.
  • Leading Laps – 0.1 points per leading lap during the race.
  • Overtaking Teammate – 5 points.
  • Finishing – 1 point – for being classified at the finish.
  • Finish vs Grid Position – +2 to +5 or -2 to -5 points – if you finish three/five/ten spots higher or lower than your grid position.

Constructor Scoring:

  • Position – 1 to 25 points – for example – 1st position gives 25 points.
  • Fastest Lap of the race – 3 points.
  • Leading Laps – 0.1 points per leading lap during the race.
  • Both Team Cars Finish – 2 – 5 points – for example – if both cars finish 10th position or better +5 points.
  • Podium Finish – 3 points – if both cards finish on the podium (1st, 2nd and 3rd).

For players who come from other fantasy sports, this can be a bit confusing, but only at first. As you can see, you get points from both your driver and constructor scorings. Of course, these can vary depending on the league and platform. Let's move on with more details on how to start your first fantasy Formula 1 race.

Before Gameday

Here, we would like to talk about preparation. It is crucial that you pick the best possible team of drivers and constructors to face the challenges of the coming race week. One of the main factors you should consider is the track type, which can affect how hard passing will be and the likelihood of drivers wrecking. Some drivers actually excel on a particular type of track.

A great tip is to take practice sessions seriously as it can help you better fine-tune your lineup for each particular session of the league. If you are in a re-draft league, you must check and manage your lineups weekly. That is why it is crucial to know the schedule and when each race will take place.

Factors to consider:

  • Consider the track type – for example, proper circuit, street course, or hybrid.
  • Pick the best drivers – some drivers are better on certain types of tracks.
  • Show up for practice sessions – this can help you fine-tune your lineups.
  • Consider stacking the constructor team with your top driver.
  • Grid position
  • Learn the schedule

Again, we would like to emphasize that the more knowledge you have about the sport, the better you will do. As you can see, there are a lot of factors to consider before the fantasy Formula 1 league is even started. There are a lot of challenges to go through, and probably the biggest one is your lineup of drivers, so pick carefully.

Fantasy Formula 1 League Types

One of the more notable differences between fantasy Formula 1 and other DFS is the lack of different types of leagues. The three general types can be overviewed as standard, single-day, and custom leagues. They play out nearly the same way, and their main difference is the time it takes to complete or if you can change your lineup.

Formula 1 Classic

This is the most popular and standard form of daily fantasy Formula 1 betting. This league has a whole schedule that you can follow, and once you set up your team lineup, there is no going back for that season. You can check in weekly to fine-tune which driver will be out in each round.

Single Day Leagues

These are quick and fun leagues that carry out within the span of a single day. It is quite popular on fantasy Formula 1 apps, allowing players to have potentially regular and diverse rewards. How you set up your team and consider the variables remain unchanged.

Custom Leagues

Many fantasy Formula 1 sites will hold their own custom leagues that offer grand prizes and feature custom scoring and maybe a tweak of the rule set. These leagues vary a lot, and we recommend thoroughly familiarizing yourself with its specifics before starting.

Competing in daily fantasy sports is legal in most states. This is because, unlike standard sports betting, fantasy sports are considered a game of skill. This makes it easy to legalize and regulate. Some other factors that come into play are also the friendly nature of the competitions and low buy-ins.

  • Alabama - Legal
  • Alaska - Legal
  • Arizona - Legal
  • Arkansas - Legal
  • California - Legal
  • Colorado - Legal
  • Connecticut - Legal
  • Delaware - Legal
  • Florida - Legal
  • Georgia - Legal
  • Illinois - Legal
  • Indiana - Legal
  • Iowa - Legal
  • Kansas - Legal
  • Kentucky - Legal
  • Louisiana - Legal
  • Maine - Legal
  • Maryland - Legal
  • Massachusetts - Legal
  • Michigan - Legal
  • Minnesota - Legal
  • Mississippi - Legal
  • Missouri - Legal
  • Nebraska - Legal
  • New Hampshire - Legal
  • New Jersey - Legal
  • New Mexico - Legal
  • New York - Legal
  • North Carolina - Legal
  • North Dakota - Legal
  • Ohio - Legal
  • Oklahoma - Legal
  • Oregon - Legal
  • Pennsylvania - Legal
  • Rhode Island - Legal
  • South Carolina - Legal
  • South Dakota - Legal
  • Tennessee - Legal
  • Texas - Legal
  • Utah - Legal
  • Vermont - Legal
  • Virginia - Legal
  • West Virginia - Legal
  • Wisconsin - Legal
  • Wyoming - Legal
  • DC - Legal

It is worth mentioning that the interpretation of "game of skill" is not so clear in some state laws. This makes fantasy Formula 1 sites sometimes fall more into a grey area of legislation. That is why it is crucial to double-check with your state's local gambling laws and regulators.

How to Pick the Best Fantasy Formula 1 Sites

Picking the best daily fantasy Formula 1 sites comes down to a few key criteria that should not be overlooked. They are safety and licensing, mobile apps, available payment providers, and bonuses. If a platform has all those factors covered, it is a great DFS site for fantasy Formula 1.

Of course, there are other factors that can be considered depending on the type of player you are. Most platforms offer a wide range of features, such as player tier progression with additional rewards. They will also offer the opportunity to compete in other sports such as daily fantasy soccer. Overall, it all comes down to personal preference. Let's elaborate more on the crucial factors in the next sections.

Safety and Licensing

The most important factor to consider when joining fantasy Formula 1 apps or sites is their security. In particular, we are talking about the licensing and regulation of the brand. Depending on the state that you are in, different licensing authorities can legalize sites. You can find more details about each one at the American Gaming Association.

All of the fantasy Formula 1 sites featured on this page are fully licensed by official state regulatory bodies. One of the best ways to confirm a platform's license is to check the bottom of their website's main page, where its license details will be stated. You can also check your local gambling regulator to see if the sportsbook has an operating license.

Best Bonus Offers

Nearly all legal daily fantasy Formula 1 sites offer some kind of promotion to their patrons. The most popular one that is always present is the welcome bonus for new players only. We recommend that you read the full terms and conditions of any bonus before you claim it.

Top Fantasy Formula 1 Apps

In this guide, we have also picked some of the best fantasy Formula 1 apps on the market. With the help of our team of experts, we selected the ones that have the best interface and offer the most bet types, markets, payment providers, and bonus offers.

Available Payment Methods

A crucial factor to consider before you join one of the fantasy Formula 1 sites is to check which payment providers are supported. It is important that players have a convenient payment method that they can use for both secure deposits and withdrawals. Here are the most notable ones:

In most cases, withdrawals are not as quick and simple to carry out. Each request goes through a screening process from both the sportsbook's and the payment provider's sides. Some methods that are available for deposits may not support withdrawals with this provider or at all. Get familiar with these specifics before joining a fantasy betting site.

Pros and Cons of Playing Fantasy Formula 1

Of course, daily fantasy Formula 1 has its shortcomings. Compared to other DFS, such as football, F1 has fewer leagues to join. While the sport itself has world renown, fantasy Formula 1 is still not as popular as other DFS, and fewer sites offer it.

  • Relatively unique form of DFS
  • Mobile app support
  • Legal in most states
  • Custom leagues
  • Great promotions
  • Not as popular as other DFS
  • Fewer leagues
  • Few platforms

Of course, daily fantasy Formula 1 betting has its shortcomings. Compared to other DFS, such as football, F1 has fewer leagues to join. While the sport itself has world renown, fantasy Formula 1 is still not as popular as other DFS, and fewer sitess offer it.

Responsible Gambling

While DFS, such as fantasy Formula 1 are considered friendly competitions and are not as money-intensive as other gambling methods, some may experience habits connected with problem gambling. The most prominent of which is the inability to stop or control your betting even if you are on a losing streak.

If you or someone you know feels affected by compulsory gambling and its negative habits, you can always find help at the National Problem Gambling Helpline (1-800-GAMBLER). They offer free help, cover all US states, and are available 24/7. It can provide help or resources to combat addictive gambling behavior.

FAQ

This section will showcase the most popular queries players have regarding daily fantasy Formula 1. Ensure that you check each question and its answer to solidify your knowledge further. Feel free to contact us if you have any other questions.

What are the best fantasy Formula 1 sites in the US?

There are a wide range DFS platforms out there. We have carefully made a ranking of the top fantasy Formula 1 sites that US players can join right now. They are considered the best thanks to their security, great bonuses, payment providers, and overall quality.

Is it legal to play online daily fantasy Formula 1 in the US?

It is completely legal and safe to play daily fantasy Formula 1 in 46 states. This is due to fantasy sports being considered as a game of skill instead of a game of chance. We still recommend double-checking with your local gambling authorities if DFS is legal in your state.

Can you play online fantasy Formula 1 from all states?

You can play on fantasy Formula 1 apps and sites in nearly all states. At the time of writing this, there are 46 states that deem this and other DFS sports as legal. All you need is to pick a DFS site and start playing. Good thing that we have created a fantasy Formula 1 guide.

Can I claim a bonus to play at fantasy Formula 1 apps?

Yes, of course you can. There are some great daily fantasy Formula 1 bonuses that you can claim through both the desktop and mobile app versions of each platform. We recommend that read the full promotional terms and conditions before claiming an offer.

What payment methods to use to play fantasy Formula 1?

There is a wide range of available payment methods at daily fantasy Formula 1 sites. You can deposit via bank transfers and card payments and use various electronic wallets, such as PayPal, Apple Pay, and Venmo. You can also quickly deposit through your mobile device.

Conclusion – Sign Up Easily and Started Playing Fantasy Formula 1

The fantasy Formula 1 sites that we have featured on this page are not only legal in most states, but they are also some of the best DFS sites on the market. I have thoroughly enjoyed what each one has to offer, especially the platform's ease of use.

Blake Roberts, a Morgantown native with a background in statistics, takes the position of Editor in Chief at Betting.us. He combines his love for sports and his knowledge of statistics to produce high-quality sports betting reviews. Blake enjoys evaluating online betting sites and believes that keeping a professional mindset in gambling is of utmost importance.

Blake Roberts Founder & Editor in Chief at Betting.us More about Blake

With the help of our team of experts, we have selected the top fantasy Formula 1 apps and sites. While they are not that much in quantity, they sure provide a lot in quality. We recommend that you regularly check for updates as the legal situation in each state can change, or new operators can get licensed.

References

  1. Daily Fantasy Sports, Wikipedia, Retrieved on January 26, 2024.
  2. F1 Drivers 2024, Formula One World Championship, Retrieved on January 26, 2024.
  3. March 3, 2023 F1 Fantasy League 2023: 52 best team names for upcoming Formula 1 season , National World, Retrieved on January 26, 2024.
  4. American Gaming Association, AGA, Retrieved on January 26, 2024.