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Check out today's Formula 1 Futures betting odds at FanDuel Sportsbook. See the most recent Formula 1 odds, place your bets, and build your parlays. FanDuel Sportsbook has listed F1 prop bets on which drivers will have the fastest lap, team of the winning driver, podium finish, top 6 finish, and race winning. F1 Odds & Betting Tips: How to Bet on Formula 1 Racing? By considering the following factors, bettors can make informed decisions and increase their chances. In outright betting you are placing a bet on the winner of a specific Grand Prix. You are offered varied odds for the different participating Formula 1 drivers. With Formula 1 races affected by a number of factors such as weather, track characteristics, race strategy, tyre degradation, and racing incidents, bettors.