Best Formula E Betting Sites 2023 - Formula E Bets, Odds & Promos

Formula E- Rules/Things You Need to Know

The championship only allows one-seater electric-powered vehicles similar to the ones used in Formula One. Racing circuits are usually closed-down city centres with stretches ranging from 1.2 miles to 2.1 miles. There are 12 teams in each championship, with 2 drivers per team competing at a time. Before even the start of the main race, there is a 75 minutes practice sessions for all participating teams.

Qualification follows where drivers are divided into 4 groups, each with 6 drivers. Each group features drivers who are in the same ranking bracket, that is, position 1 to 6, then 6 to 12, and so on. Winners from each group compete in handicap races in the “Super Pole” race to identify the overall winner.

The Federation uses a regulated system to rank winners. Race winners in every category get 3 points. Also, the driver who had the fastest lap receives 1 point, as long as they appear in the top 10. Fans can vote for their preferred drivers in the Fanboost, but the pit stops that were there aren’t considered, thanks to the improved motor technology.

Top Formula E Betting Sites

BwinMultiple betting sites host Formula E as a betting event. What makes a betting site stand out is the investment, both in markets, odds boost and inclusion in promotions. They are voted for by bettors and promoted by individual betting companies. All in all, they offer competitive Formula E and motorsport gaming compared to their peers. Some of them are as follows.

William Hill

William Hill is a licensed and regulated gaming brand recognised globally. Its investment in general motor racing is vast, with elaborate events and markets. Formula E, though still on its heels, has an impressive following on the sportsbook.

To get the best odds and markets, look out for the Formula E timetable. The sign-up and selected reload and free bet bonuses can be used on Formula E.

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New customers using Promo Code P30 only, min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15 (30 days expiry), free bet/payment method/player/country restrictions apply.

Ladbrokes

Ladbrokes is also another British licensed and regulated online gaming company to offer Formula E within its ranks. Car racing lovers cannot miss a Formula E championship as Ladbrokes offers a live link for select games. Like any other sportsbook games, Formula E can ride on standard bonuses such as the sign-up bonus, special reload bonuses, and some select open bonuses.

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18+ New UK+IRE customers. PayPal and certain deposit types and bet types excluded. Min £5 bet within 14 days of account reg at min odds 1/2 = 4 x £5 free bets. Free bets valid for 4 days on sports, stake not returned, restrictions apply. T&Cs apply.

1xBet

The versatility associated with 1XBet is a perfect breeding ground for Formula E. From welcome offers to special occasion bonuses, the customer may be lucky to employ some open-end bonuses and cash out big. However, there are no special bonuses for Formula E alone, but rather as motorsport gaming in general.

For more information on promotional bonuses and special offers, visit 1XBet. If you are a UK resident, use a VPN when betting on 1XBet since it has no jurisdiction in the country.

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Register on the 1xBet website. Fill in all the fields in My Account. Top up your account up to 100 EUR (or equivalent in another currency). The bonus will be credited to your account automatically after the deposit is made.

Formula E Bets Explained

Formula E bets borrow largely from motorsport gaming and Formula 1 in particular. However, there are some unique concepts used to differentiate Formula E from the other motorsports. Listed below are some of the popular bets in the game. A good number are universal since they infer directly to the ranking based on the finishing position.

Race winner/Pole Position

All racing cars have the same technical specifications and cover the same distance from start to finish. However, the driver, the team that crosses the line first is the race winner. It is usually the first bet in Formula E and lists all participating teams/drivers and their chance of finishing first.

Fastest Lap

Formula E is a circuit race that involves multiple laps. Every lap is timed, and the fastest of them all is recorded and placed as a bet. Experienced motorsport bettors understand how drivers accelerate and can even predict the quickest lap.

Season Markets

Since a culmination of events carries heavier betting odds that individual races, bookies sums them up and create a unified bet. Season market can summarise results from individual races with total points, set as a pre-match bet. Bettors like it since it carries bigger odds than a single race.

Match Up Bets

It is a hybrid bet that pits two drivers paired up. Bookies use information gathered over time to predict the best pair to win a race. However, Formula E only requires one driver at a time, meaning that its proponents are similar to team market bets.

Team Markets

Motorsport is synonymous with teams (car manufacturer.) Formula E allows 2 drivers per team for a single race. The team’s overall performance is tallied, and the best team is set as a bet on the market. Currently, at least 12 teams are participating in various championships. Odds are given based on performance and the driver’s experience.

Formula E In-Play Betting & Live Streaming

As a real race game, progressive bookies have listed it on its live platform. The race takes above 45 minutes, with drivers taking turns to lead the pack. As the race flows, betting odds react to the activities, making prediction an entertaining affair. To get the best of in-play betting, research and understand each driver. Its multipliers are among the best in motorsport betting, thanks to the risks involved.

Live streaming is a new feature in sports betting. Streaming involves broadcasting audio-visual live from the racing tracks. Not many bookies have that feature, but instead, they have a dedicated window where the game’s progress is shown.

Popular Formula E Drivers

Since its inception, Formula E has witnessed many notable drivers within its ranks. However, some stood out in the last few seasons. They include:- Jerome D’Ambrosio is a promising star within formula E ranking with steady career progression.

Antonio Felix Da Costa is one of the best drivers in the recent past and the 2022/21 series circuit leader. He currently drives a DS Techeetah. Another prominent driver is Sam Bird, a Briton. He drives an Envision Virgin and regularly features among the top 10.

Formula E Betting Sites FAQs

Can you bet on Formula E?

Yes. Just like any motorsport betting, Formula E has numerous markets with progressive odds based on performance. The majority of bookmakers in Britain have Formula E as an event with various markets up for grabs.

Which bookmaker covers the most Formula E events?

Every betting site has its strength and understanding of Formula E as a sporting event. However, there are special bookies whose investment in the sport are significant. They include William Hill, 1XBet, Coral and Ladbrokes. What stands out is the number of markets.

Which bookmaker offers the most Formula E markets?

Every bookie gives its best Formula E markets, based on their analysis and game coverage. However, 1XBet has far-reaching markets, with competitive odds compared to other bookies. However, new sportsbooks are slowly catching up.

Can I use welcome bonuses on Formula E bets?

Yes. Welcome bonuses from sportsbooks can be used on the majority of the games, Formula E inclusive. They attract little or no wager on winnings, which makes it equal to other events on the sportsbook

What is the best bet in Formula E?

Depending on the gamer’s level of understanding of Formula E, the best bet varies. However, the race winner is the most popular bet. It the easiest to predict, thanks to the statistics on various odds checkers.