Best Formula 1 Prediction Markets Sites & Apps 2026: Where to Trade F1 Events

Pros and cons of Formula 1 prediction markets

The best Formula 1 prediction market sites have a lot of positives, but are there any drawbacks you should be aware of?

Pros and Cons

• Easy-to-understand Yes or No contracts
• Markets cover several Formula 1 events
• Can sell your position before settlement
• Regulated by the CFTC

• Predictions come with risks

What are Formula 1 prediction markets?

Prediction markets are still fairly new to many people, so it’s best to first explain what Formula 1 prediction markets are and how they work. They basically let you trade on several events that may happen during a Formula 1 race or across the entire season. You’ll find markets for just about everything of importance like who will win the Drivers’ or Constructors’ Championship, whether there’ll be a safety car during a Grand Prix, or if a driver will retire from Formula 1. The range of events are vast.

These prediction markets aren’t complicated – they ask simple binary questions with Yes/No contracts, and you just have to choose the option you think will happen. If you believe an event will occur, you purchase Yes contracts. If you don’t, you go for No contracts. There are no middle grounds.

Some markets have multiple possible outcomes, although those aren’t very common. And we’ve also spotted race-specific markets covering everything from safety cars and red flags, to finishing positions, and a lot more.

How do Formula 1 prediction markets work?

So how do these markets actually work? Yes/No event contracts have prices that fall between $0.01 to $0.99, and these prices show what traders on the platform view as the probability of that event happening. Take for example, if a Yes contract on whether there will be a safety car during a Grand Prix is trading at $0.45, it means traders on average are predicting a 45% chance of it happening. Remember that these are all speculations, and despite the market’s sentiment, no one is 100% certain of what might happen in the future – which is why these markets are as exciting as they’re risky.

Do note that contract prices aren’t set by the platform. Instead, they depend on the trading activity in that market. If more traders start purchasing Yes contracts, the price of those contracts may be bumped up. Conversely, prices could go down if more traders start selling off their positions.

When the event happens or when it settles, each contract is worth $1 if your prediction is correct or $0 if it isn’t. Just for context, if you purchased Yes contracts on whether there will be a safety car during a Grand Prix and one appears, your contract would settle at $1, and you’ll make a profit of $0.55 per contract. If it doesn’t happen, you lose the $0.55 spent on each contract.

You’ve also got the choice to sell your contracts at the prevailing market prices before the event settles, but it depends on the market’s liquidity. Here’s an example of contract prices and their implied probabilities:

Top places to explore prediction markets

The best Formula 1 prediction market sites

It’s quite natural to be unsure of which site to use especially with so many new platforms getting launched. Not to worry, though. We’ve gone through the top prediction market sites available in the US and checked which ones are reliable, regulated by the CFTC, and have a good selection of Formula 1 markets. Based on our research and experience, the following brands emerged as the best.

Polymarket – Our top choice for Formula 1 prediction market

Polymarket: Pros and Cons

• Plenty of prediction market topics
• Trending and breaking areas of interest
• Lots of predictions in all major subject areas
• User-friendly site design

• Gradual US rollout

Polymarket is a CFTC-regulated prediction market platform and one of the top names in this space. Formula 1 prediction markets aren’t heavily featured across several sites, but we found a decent lineup of event contracts at Polymarket. Top prediction markets include who will be the F1 Drivers’ Champion, who will be the F1 Constructors’ Champion, and whether there will be a safety car or red flag during the 2026 F1 Dutch Grand Prix. We must also mention that the available markets aren’t static as they change based on the sport’s current season.

There’s also a lot to like about Polymarket. It’s got an incredibly easy to use site and app, along with good coverage of markets on drivers’ performance, constructors, and individual Grand Prix events.

What’s more, there are simple guides and charts that show the market progression which may help you make better trading decisions.

Polymarket is built on the Polygon blockchain and uses pUSDC for its trades. If you don’t already hold crypto, you can still fund your account through third-party providers like MoonPay using a debit card, credit card, Google Pay, or Apple Pay.

Kalshi – Best for Formula 1 championship markets

Kalshi: Pros and Cons

• Find markets via search facility
• Extensive range of prediction markets
• Clear fees system
• Large help center

• Limited promos for existing customers

Kalshi was the first CFTC-regulated prediction market and has become the go-to for many people looking to trade event contracts on a vast array of real-life events, including Formula 1 races. Depending on the season, you’ll find Formula 1 prediction markets on everything from awards and championship winners to drivers’ next teams and other events. Other motorsports, including NASCAR, IndyCar, and MotoGP, are also featured if you want a bit more variety. And if you also enjoy WWE, Kalshi ranks high on our list of the best WWE prediction market sites.

Kalshi prediction markets are categorized too, so it’s easy to locate a market you prefer. There’s also a combo feature that lets us combine our predictions across at least two markets.

At the time of writing, Kalshi’s F1 Drivers’ Champion and Constructors’ Champion markets had millions in trading volume. The platform usually has excellent liquidity too, which makes it easier to sell your position before the market settles.

Just like the others on this list, you can download the Kalshi app if you’d rather trade on the go. This is very useful in keeping track of market progression and contract prices, especially with the fast-paced nature of live Formula 1 markets.

If you’re yet to register at Kalshi, you can visit the site using our on-page banners and create a new account to receive a welcome bonus of $20 in trading credit after you’ve made a first deposit of at least $10 into your account.

Crypto.com – One of the best Formula 1 prediction market sites for beginners

Crypto.com: Pros and Cons

• Sports, elections, culture, and economics markets
• Low commission for trading
• Supports USD and cryptocurrency payments

• No crypto prediction markets

Crypto.com takes the top spot if you’re new to this space but want the best Formula 1 prediction market sites that are easy to get to grips with. There are guides in the Learn section that we found very useful. This brand is well known as a crypto exchange giant, but it added prediction markets in 2025, and the sports section is one of the busiest categories on the platform.

We spotted Formula 1 prediction markets for future events such as the 2026 Drivers’ Champion and Constructors’ Champion. Its selection isn’t as extensive as those on Kalshi or Polymarket, but the available markets are decent.

Crypto.com supports both crypto and fiat payment methods, and we found the app and website interfaces easy to navigate. Heads up, though. Crypto.com isn’t available in a few states like Arizona and New York. So traders in these locations can try out other brands like Kalshi and Polymarket.

Sponsored by Crypto.com – Not investment advice. Trading prediction markets and crypto involves risk, including potential loss of your stake. Consider your risk tolerance before participating. Crypto.com connects U.S. users to CDNA (regulated by CFTC) for derivatives trading. CDNA membership required. Trading may not be suitable for all—you could lose your entire investment plus fees. Past performance doesn’t guarantee future results. This is not a solicitation or recommendation to trade.

Types of Formula 1 prediction markets

The best F1 prediction market sites usually have events for both live and futures markets. We found the same setup while reviewing the best MLS prediction market sites. Here are some of the Formula 1 markets you can trade.

Are Formula 1 prediction market apps and sites available in all US states?

It’s very normal to be curious about the availability of these markets, especially since they’ve become so popular. Prediction market platforms are regulated by the Commodity Futures Trading Commission (CFTC), which makes them available in the vast majority of US states.

However, sports prediction markets are unavailable in Nevada, Ohio, Michigan, Maryland, Massachusetts, New Jersey, and Illinois. So players in these locations won’t have access to Formula 1 prediction markets. There’s good news, though. You can still trade on events across other categories like politics, crypto, economics, entertainment, and a lot more.

If you’re in an eligible state, you can sign up as long as you’re at least 18 years old. All traders are required to pass KYC verification checks before accessing the full features of the site.

How to get started at the best Formula 1 prediction market sites

If you’re in an eligible state, you can sign up as long as you’re at least 18 years old. All traders are required to pass KYC verification checks before accessing the full features of these sites.

With that being said, here’s how to sign up at any of the three brands we’ve recommended and start making your Formula 1 predictions.

1. Choose between Kalshi, Polymarket, or Crypto.com

2. Click the corresponding banners on this page to visit your preferred site

3. Sign up and complete the identity verification checks when prompted

4. Fund your account using the available payment methods

5. Open the Sports section and click on ‘F1’ from the left-hand menu

6. Choose the market you want, such as the Drivers’ Champion, Constructors’ Champion, race events, awards, or future team moves

7. Read the settlement rules so you know what applies

8. Choose a Yes or No contract based on your prediction

9. Enter the amount you want to trade and confirm your position

Track the market and sell before settlement if the contract price starts going against your prediction or wait for the market to settle for the final result

Features to consider when choosing the best Formula 1 prediction market sites

There’s no shortage of prediction market sites in the US, but the top prediction market sites have certain features that make for a well-rounded trading experience. Here are some of the criteria we use to choose the right brands to trade with.

Conclusion: Trade at the best Formula 1 prediction market sites

Formula 1 has a packed season, and as you’ve seen, you can trade on what could happen across individual races and even championships. If you’re unsure where to start, it’s always better to choose reputable prediction platforms such as Kalshi, Polymarket, and Crypto.com. All three offer Formula 1 markets, have clear rules on how these markets settle and are CFTC-regulated.

Just remember that prediction markets come with their own risks, as there’s no 100% certainty about what could happen in the future. So trade responsibly and only spend what you don’t mind losing. Ready to make your first Formula 1 prediction? Click the banners on this page to visit Kalshi, Polymarket, or Crypto.com, sign up, get verified, fund your account, and choose the Formula 1 market you want to trade.

Our Recommended Prediction Markets

Formula 1 prediction markets FAQs