F1 Betting Surge Driven by Mainstream Popularity and Aggressive Promos
AI-generated image · US National Wire
As motor sports gain traction through pop culture, major sportsbooks and prediction markets are competing for new users with significant bonus offers.
Motor sports have seen a surge in popularity in recent years, drawing mainstream fans toward F1 and NASCAR betting via pop culture and marquee events like the Daytona 500, according to CBS Sports.
Major sportsbooks are aggressively targeting this growth with various promotional structures. CBS Sports reports that DraftKings and FanDuel both utilize "bet and get" models; DraftKings offers $200 in bonus bets for a $5 spend, while FanDuel provides up to $350 in bonuses for users who bet $5 daily for seven days. Other offers include BetMGM, which covers first bets up to $1,500 in bonus bets if the wager loses, and Fanatics Sportsbook, which offers a 10-day bet match of up to $100 per day in FanCash. Additionally, Caesars Sportsbook allows users to double winnings on their next 10 wagers after a minimum $1 bet.
Beyond traditional sportsbooks, CBS Sports notes that federally regulated prediction markets Kalshi and Polymarket have made motor sports trading more accessible in the U.S. Kalshi provides $25 in bonus trading credits for an initial trade of $25 or more, while Polymarket offers a $50 trading bonus for a $10 deposit.
These betting opportunities span a wide calendar, including high-profile F1 events such as the Monaco, British, Italian, and Singapore Grands Prix, as well as the season-ending Abu Dhabi Grand Prix. Bettors can wager on outright winners or qualifying outcomes, the latter of which can shift the final race odds.