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Parimatch Formula 1 Betting Online in India
Place bets on every Grand Prix, qualifying session, and driver matchup throughout the F1 season. Parimatch offers pre-race and live betting markets on all 23 rounds, from Bahrain to Abu Dhabi. Get competitive odds on race winners, podium finishes, fastest laps, and head-to-head driver battles. New users can claim a welcome bonus of up to ₹30,000 on their first deposit, with funds available for F1 and all motorsport events.
Formula 1 Drivers
The 2024 F1 grid features 20 drivers across 10 teams. Each team fields two drivers who compete throughout the season for the Drivers’ Championship. Betting markets include outright winner odds, which shift based on performance, car development, and track characteristics. Below is the current lineup for the 2024 season.
| Team | Driver 1 | Driver 2 | Championship Odds |
|---|---|---|---|
| Red Bull Racing | Max Verstappen | Sergio Pérez | 1.35 / 8.50 |
| Mercedes | Lewis Hamilton | George Russell | 6.50 / 15.00 |
| Ferrari | Charles Leclerc | Carlos Sainz | 7.00 / 18.00 |
| McLaren | Lando Norris | Oscar Piastri | 12.00 / 35.00 |
| Aston Martin | Fernando Alonso | Lance Stroll | 25.00 / 80.00 |
| Alpine | Pierre Gasly | Esteban Ocon | 60.00 / 75.00 |
| Williams | Alexander Albon | Logan Sargeant | 100.00 / 150.00 |
| Alfa Romeo | Valtteri Bottas | Zhou Guanyu | 120.00 / 200.00 |
| Haas | Nico Hülkenberg | Kevin Magnussen | 150.00 / 180.00 |
| AlphaTauri | Yuki Tsunoda | Daniel Ricciardo | 110.00 / 140.00 |
Odds reflect current form and car performance. Verstappen remains the heavy favourite after three consecutive titles. Mercedes and Ferrari drivers show competitive odds for podium challenges.
How to Bet on F1?
Placing a bet on F1 takes less than two minutes once your account is funded. The platform lists all upcoming races, practice sessions, and qualifying rounds in the motorsport section. You can bet before the race starts or place live bets as the action unfolds.
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Navigate to the Sports section and select Motorsport, then choose Formula 1.
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Pick a race from the upcoming calendar or select a live event if a session is ongoing.
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Choose your market — race winner, podium finish, fastest lap, or driver matchups.
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Enter your stake in the bet slip and confirm your selection.
Your bet appears in the active bets section immediately. For live betting, odds update in real time based on track position, pit stops, and weather changes. Pre-race bets lock when the lights go out.
Formula 1 Betting in the Mobile App
The Parimatch app delivers the same betting markets as the desktop version, optimised for smaller screens. You get push notifications for race starts, qualifying results, and odds changes. Live streaming is available for select sessions, and one-tap betting speeds up the process during fast-moving races. The app works on Android 5.0+ and iOS 11.0+, supporting both 4G and Wi-Fi connections.
How to download:
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Visit the Parimatch homepage on your mobile browser.
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Tap the Download App button at the top of the screen.
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Allow installation from unknown sources in your device settings (Android only).
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Open the downloaded file and complete the installation.
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Log in using your existing account or register a new one.
The app size is approximately 85 MB. Updates roll out every two weeks to improve performance and add new features.
Bonus for Formula 1 Betting
New users receive a 150% matched deposit bonus up to ₹30,000 on their first deposit. This bonus applies to all sports, including F1 betting. To activate it, deposit at least ₹500 within 30 days of registering. The bonus amount appears in a separate balance and requires a 5x rollover on accumulator bets with minimum odds of 1.40 per selection. Each accumulator must contain at least three events. You have 30 days from the deposit date to meet the wagering requirements. Any F1 bet — race winner, podium finish, or fastest lap — counts toward the rollover. Once completed, the bonus converts to withdrawable cash.
Advantages of Betting on Formula 1
- Live betting on every session: Place bets during practice, qualifying, and race day as positions change and strategies unfold.
- Competitive F1 odds: Race winner odds start from 1.10 for favourites, while midfield drivers offer returns above 15.00.
- Cash-out option: Close your bet early if conditions shift, securing partial returns before the chequered flag.
- Race weekend markets: Bet on pole position, fastest lap in qualifying, first retirement, and safety car appearances.
- Mobile-optimised platform: The app delivers real-time odds updates and one-tap betting during high-speed races.
- Multiple payment methods: Deposit using UPI, Paytm, PhonePe, bank transfer, or crypto, with withdrawals processed in under 24 hours.
- Head-to-head driver bets: Compare two drivers directly, focusing on finishing position rather than outright race results.
- Constructor Championship markets: Bet on which team scores the most points over the season, with odds available year-round.
FAQ
Can I bet on F1 qualifying sessions?
Yes. Qualifying markets open 48 hours before Q1 starts. You can bet on pole position, top-three qualifiers, and head-to-head driver matchups. Odds reflect practice session performance and historical track data.
How do live F1 bets work during a race?
Live odds update every few seconds based on lap times, pit stops, and track incidents. You can place bets on the current race leader, next driver to retire, or whether a safety car will appear. The bet slip locks when you confirm your stake.
What happens to my bet if a race is cancelled?
If a race does not complete 75% of the scheduled laps, all bets are voided and stakes returned. If the race finishes early due to red flags after 75% completion, results stand based on the official classification.
Are there limits on F1 bet amounts?
Minimum stake is ₹50. Maximum stakes vary by market — race winner bets accept up to ₹50,000, while niche markets like fastest lap may cap at ₹10,000. High rollers can request limit increases through customer support.
Can I combine F1 bets in an accumulator?
Yes. You can combine multiple F1 markets in one bet slip — for example, race winner, podium finisher, and fastest lap. Accumulators require all selections to win for a payout. Minimum odds per selection are 1.20.
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