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Modern Formula 1 car with a white and red livery on an empty racetrack, surrounded by Pirelli banners. NXTbets logo and text overlay guide on playing Formula 1 DFS in Alaska.

How to Play Formula 1 DFS in Alaska

Formula 1 enjoys a massive fanbase in the United States. In a 2024 study, 39% of US respondents identified as Formula 1 fans, with 18% describing themselves as diehard fans. While sports lovers in several states can bet on F1 races and events, those in Alaska (and a few other jurisdictions) cannot. Gambling, including sports betting, is highly restricted in the state. However, worry not! You can enjoy F1 Daily Fantasy Sports (DFS) in Alaska with the right DFS platform. DFS contests are both exciting and engaging, serving as excellent alternatives to sports betting.

NXTbets is committed to helping F1 (and other niche sports) enthusiasts learn more about F1 races and events and enhance their betting or Daily Fantasy Sports (DFS) experience. In addition to real-time data, insights, and picks, we offer in-depth DFS and safe gaming blogs and guides. Continue reading for more information on how to play Formula 1 DFS in Alaska. We will cover its working mechanism, how to create a DFS account, and top success strategies. 

1
Fan Favorite
BET $5 ON F1, GET $150
IN BONUS BETS IF YOU WIN
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Offer Score

9.9
2
Hot & Trending
BET $5 ON F1, GET $150
IN BONUS BETS INSTANTLY!
8690 other players have claimed this offer
Must be 21+. Gambling Problem? Call 1-800-GAMBLER
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Offer Score

9.8
3
Hot & Trending
BET $10 ON F1, GET $150
BACK IN BONUS BETS
8690 other players have claimed this offer
Must be 21+. Gambling Problem? Call 1-800-GAMBLER
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Offer Score

9.9
4
Global Sportsbook
BET $5 ON F1, GET $150 IN BONUS BETS
WHEN YOUR FIRST BET SETTLES + 50 BONUS SPINS
2249 other players have claimed this offer
Must be 21+. Gambling Problem? Call 1-800-GAMBLER
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Offer Score

9.7
5
Fan Favorite
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Your Next 10 Bets, Up to $25 Max Bet Per Boost
7749 other players have claimed this offer
Must be 21+. Gambling Problem? Call 1-800-GAMBLER
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Offer Score

9.7
6
Social Sportsbook
Claim 5% Instant Lifetime Rakeback
Plus 250K Gold Coins + $25 Stake Cash
7749 other players have claimed this offer
21+ Terms & Conditions Apply
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Offer Score

9.9

How Formula 1 DFS Works

Instead of managing a team over a given season, like in fantasy sports, Formula 1 DFS players predict driver performances in individual races. Selections are based on expected finishing positions or points, adding a layer of strategy, excitement, and engagement for participants. Here are the main features of DFS:

Key Features of F1 DFS

  • Unlike traditional fantasy leagues, DFS contests focus on single events in specific races. Players can enter several contests and claim their winnings instantly, depending on the platform. 
  • It requires driver selection. F1 DFS players pick drivers of their choice and predict their performance. They often predict whether they will finish better or worse than specified positions. 

F1 DFS contests are highly flexible. Players can make simple predictions or try out complex strategies with multiple picks. 

Understanding the “Better/Worse” System

The Better/Worse system is the backbone of DFS contests. It requires players to predict whether an F1 driver will perform better or worse than a given metric or set finishing position. This system is also known as higher/lower in some platforms but will never be referred to Over/Under as that is a sports betting term. It ensures straightforward gameplay, making DFS contests accessible to newcomers while retaining enough depth for seasoned participants. 

Prize Structure and Winning Potential

DFS players enjoy scalable prize structures dependent on total correct picks. Underdog Fantasy and PrizePicks pick’em contests are based on a multiplier system. Here is an example of what players can expect for standard entries, depending on contest rules: 

  • 5/5 correct selections: 20× the initial stake. 
  • 4/4 correct selections: 10× the initial stake. 
  • 3/3 correct picks: 6× the initial stake. 
  • 2/2 correct picks: 3× the initial stake. 

Fewer picks attract minimal risk, while multiple selections are usually riskier. Before placing a multiplier, consider your skill level, risk appetite, and target payout. 

Step-by-Step Guide to Playing Formula 1 DFS in Alaska

NXTbets highly recommends Underdog Fantasy and PrizePicks for F1 fans wishing to participate in DFS contests in Alaska. Underdog Fantasy is secure, user-friendly, and compliant with state laws and regulations. Here is how to get started with Underdog Fantasy DFS: 

Step 1: Create an Underdog Fantasy Account

Create a new Underdog Fantasy account in the following steps: 

  • Visit the official Underdog Fantasy website. Alternatively, you can download the mobile application from your Play Store (Android) or App Store (iOS). 
  • Click the “Sign Up” button and enter the correct, relevant details, including your name, email, and password, then enter PROMO CODE: NXTBETS
  • Read through and confirm the terms and conditions. 
  • Complete the signup process. 

New users must verify their identity to complete the signup process. Offer correct additional information or upload a valid ID (or other documentation) as Underdog Fantasy requires. 

Step 2: Deposit Funds into Your Account

The next step is to fund your account. 

  • Navigate to your Underdog Fantasy account’s deposit section. 
  • Choose the most convenient deposit method. You can choose PayPal, a credit/debit card, or a bank transfer. 
  • Key in correct details (depending on your choice, ensure your card, bank, or PayPal account has adequate funds). 
  • Make a qualifying deposit. You need a minimum of $10 to unlock Underdog Fantasy’s new signup deposit. 
  • The more you deposit, the more bonus cash you get rewarded. Underdog matches 50% of your initial deposit in your account. The maximum bonus is $1000 when you deposit $2000, giving you a grand total of $3000 to play with. 

Step 3: Choose a Formula 1 DFS Contest

After funding your account: 

  • Navigate to your new account’s DFS section. 
  • Browse the available contests. Consider the entry fees, prize structure, and rules. 

Beginners should start with lower-stakes contests. This will allow them to experience the platform and sharpen their DFS skills before trying high-stakes F1 DFS contests. 

To increase your chances of winning, staying updated on the F1 2025 race calendar can help you plan ahead and make informed picks based on upcoming events.

Step 4: Make Your Picks

The last step is to make your selections and enter the contest. Pick a driver and decide whether they will perform higher or lower than the set metric. Always research extensively and consider factors like historical performance to make informed picks. If you need guidance on building a betting strategy, check out the Ultimate Guide to Betting on Formula 1 to understand key factors like team performance, track conditions, and qualifying results. Underdog Fantasy may not allow you to alter your picks post-entry; therefore, review them carefully before confirmation. 

Step-by-Step Guide to Playing Formula 1 DFS on PrizePicks in Alaska

Besides Underdog Fantasy, Formula 1 fans in Alaska can play Formula 1 DFS contests on PrizePicks. Below are the relevant steps:

1. Sign Up with the Platform

To create a PrizePicks DFS account

  • Sign up with PrizePicks: Tap the sign-up button on the website or mobile application and fill in the required information. Enter your name, email address, date of birth, and password. The platform also offers a sign-up bonus. To qualify, enter the promo code “NXT” during signup. If successful, you will receive a $50 bonus on your first $5 entry. 
  • Verify your identity: PrizePicks verifies new users’ ID for regulatory compliance and to safeguard existing users’ data and identity. After providing additional information, upload a supporting legal ID to authenticate your identity. Contact customer support if you encounter issues. 

2. Fund Your Account

Next, make a qualifying deposit using the steps below: 

  • Click the “+” sign next to the account balance: This will reveal your deposit options. 
  • Choose and set up your payment method: Select a suitable deposit method and set it up by providing relevant information. Payment options include online banking, credit/debit cards, PayPal, and Venmo. 
  • Make a qualifying deposit: Select the deposit amount and submit your entries. PrizePicks, like Underdog Fantasy, has a $10 initial deposit limit. 

3. Choose Driver Projections

Once you have funded your account, choose driver projections. The following process applies: 

  • Find upcoming MotoGP events: Select MotoGP from the list of sports the platform provides to view forthcoming races. 
  • Select driver stat lines: Click a relevant event to view driver stat projections. PrizePicks requires 2-6 picks per contest. Limit your picks to 2-3 to minimize risk or make 5-6 picks for higher payouts (consider your experience, skills, and DFS strategy).

4. Make Informed Predictions

The next step is to predict driver outcomes based on your chosen projections. Below are the applicable steps: 

  • Make predictions: Research widely and choose whether the driver will exceed or fail to meet their statistical projection. Click on the three lines next to every driver’s projections for performance stats and averages in the last five races. 
  • Choose Flex or Power Play: PrizePicks has two payout modes: Power and Flex Play. All the picks in a Power Play entry must be correct for a chance to win, while Flex entries are paid out even if 1-2 entries are incorrect.

5. Submit Your Formula 1 DFS Picks

The last step is to finalize your entry by submitting your picks. Follow the process below: 

  • Select the entry fee: Choose and submit how much you can comfortably spend on your DFS entry (at least $1). Consider your DFS strategy and effective bankroll management techniques. 
  • Review and submit your picks: Check if your DFS picks are accurate. You can make last-minute changes based on relevant MotoGP updates, then submit them. Observe relevant deadlines. 
  • Monitor your performance: PrizePicks allows you to monitor your DFS performance through its live score updates. Alternatively, you can watch the action as it unfolds or join other DFS players on the platform’s Discord channel.

Top Strategies for Winning Formula 1 DFS in Alaska

Consider the following factors and strategies to enhance your chances of DFS success: 

Weather Conditions & Race Variables

Weather conditions can influence Formula 1 DFS outcomes. For example, rain heightens track technicality, favoring adaptable, highly skilled or wet-weather drivers. Always remember to:

  • Monitor weather forecasts for adverse conditions, as extreme temperatures often affect car performance and tire strategies. 
  • Consider variables that can alter race dynamics, like pit-stop strategies and safety cars. 

Explore and include every relevant factor or race determinant in your F1 DFS decision-making.

For a deeper understanding of how betting psychology affects decision-making, learning about risk management can help you refine your strategies.

Driver Form & Qualifying Positions

A driver’s qualifying position and recent form are significant performance indicators. An excellent finish or performance in a previous race sheds light on an athlete’s confidence and momentum. 

  • Consider the driver’s qualifying position when making a better or worse pick. Drivers closer to the front are less likely to collide with others or run into traffic, increasing their chances of success. 
  • Consider a driver’s capacity for position gains: Some drivers start lower but overtake aggressively, racking up points. 

Stay competitive by balancing form and grid placement when making picks. 

Analyzing Track History

Tracks may favor teams or drivers differently due to their varying surfaces, layouts, and technical demands. Therefore: 

  • Always analyze historical driver performance and track records to identify drivers likely to excel at a given track. While some circuits favor consistency and precision, others require drivers who can overtake well.
  • Note lap times, sector performances, and past podium finishes when analyzing track-specific performance to identify potential high-scoring picks. 

Avoiding Common Mistakes

  • Lack of/inadequate research: Do not automatically choose high-ranking drivers and ignore research. Always consider race-specific factors to make informed decisions, regardless of the driver. 
  • Ignoring promising underdogs: While favoring top teams or drivers may seem like a great winning strategy, always consider underdogs likely to win in certain tracks or conditions. 
  • Not balancing entries: DFS success requires risk mitigation. Among the best ways of mitigating risks is balancing your picks. Do not favor one set of players or contests over another. 

Conclusion

Daily Fantasy Sports (DFS) offers Alaska residents an exciting way to engage with Formula 1 races and contests. It combines strategy with real-money gaming thrills, qualifying as an excellent sports betting alternative. Underdog Fantasy and PrizePicks offer F1 fans in Alaska secure, regulated, and user-centric DFS platforms. To enjoy DFS contests, create an Underdog Fantasy or PrizePicks account, deposit funds, review and choose rider and then make your predictions. Remember to apply smart strategies, stay informed, and adhere to state—and your DFS platform’s rules. To further improve your DFS knowledge across various sports, check out this ultimate guide to DFS gaming to understand the mechanics of real-money gaming.

Stay connected with NXTbets for excellent Daily Fantasy Sports strategies, data, insights, and picks. We invite you to check out previous blogs and stay tuned for new ones. You can subscribe to our newsletter for prompt updates, exclusive offers, and tailored insights.

1
Fan Favorite
BET $5 ON F1, GET $150
IN BONUS BETS IF YOU WIN
6369 other players have claimed this offer
Must be 21+. Gambling Problem? Call 1-800-GAMBLER
logo

Offer Score

9.9
2
Hot & Trending
BET $5 ON F1, GET $150
IN BONUS BETS INSTANTLY!
8690 other players have claimed this offer
Must be 21+. Gambling Problem? Call 1-800-GAMBLER
logo

Offer Score

9.8
3
Hot & Trending
BET $10 ON F1, GET $150
BACK IN BONUS BETS
8690 other players have claimed this offer
Must be 21+. Gambling Problem? Call 1-800-GAMBLER
logo

Offer Score

9.9
4
Global Sportsbook
BET $5 ON F1, GET $150 IN BONUS BETS
WHEN YOUR FIRST BET SETTLES + 50 BONUS SPINS
2249 other players have claimed this offer
Must be 21+. Gambling Problem? Call 1-800-GAMBLER
logo

Offer Score

9.7
5
Fan Favorite
Use Code F1DYW and Bet $1 to Double Your Winnings
Your Next 10 Bets, Up to $25 Max Bet Per Boost
7749 other players have claimed this offer
Must be 21+. Gambling Problem? Call 1-800-GAMBLER
logo

Offer Score

9.7
6
Social Sportsbook
Claim 5% Instant Lifetime Rakeback
Plus 250K Gold Coins + $25 Stake Cash
7749 other players have claimed this offer
21+ Terms & Conditions Apply
logo

Offer Score

9.9

Frequently Asked Questions (FAQs)

Yes. Formula 1 DFS is legal in Alaska. Although the state prohibits sports betting, it has no clear-cut anti-DFS laws or regulations. Platforms like Underdog Fantasy and PrizePicks operate freely within the jurisdiction, allowing you to make relevant stat-based predictions.

F1 fans in Alaska interested in DFS should consider regulated, reputable sites like Underdog Fantasy. Underdog Fantasy offers a user-friendly interface, multiple innovative features, and competitive contests. On the other hand, PrizePicks offers flexible entry options, broad sports/stat coverage and fast withdrawals. Create an account with either platform today to enjoy exciting Pick’em DFS contests. 

Underdog Fantasy and PrizePicks support diverse deposit methods to cater to different user preferences. Underdog users can fund their accounts via PayPal, a prepaid card, and major debit or credit cards. PrizePicks supports Venmo, PayPal, major credit/debit cards and online banking. Click your platform’s relevant deposit button to view your deposit options.

You can withdraw your Underdog Fantasy winnings via PayPal or a direct bank transfer. Use PayPal for quick transfers. 

Underdog Fantasy’s Pick’em contests require at least two and a maximum of five picks in every entry. More picks guarantee a higher payout, but the overall difficulty level increases. 

Yes. You can access and play DFS contests on your mobile phone in Alaska. Both Underdog Fantasy and PrizePicks have optimized mobile applications. Download the suitable mobile application from your App Store (iOS) or Play Store (Android), set up your account and enjoy a seamless experience. 

While Alaska lacks comprehensive or standalone DFS restrictions, players must be 18 (or more) years old. They must also adhere to Underdog Fantasy’s terms, rules, and regulations. 

Underdog Fantasy and PrizePicks are committed to upholding safe, responsible, and fair gameplay for all users. Subject to the relevant entry rules, they may void the affected picks and either adjust your entry or refund entry fees. 

Yes. Underdog Fantasy will match your deposit (up to $1,000) if you sign up with them. However, you must make a qualifying deposit to unlock the bonus and meet the relevant terms and conditions to actualize it. Besides the welcome bonus, look out for playback programs, a money-back guarantee, a refer-a-friend bonus, and free picks. 

Tracking entries and wins is a fundamental element of safe gaming. To access or monitor results and review past contests or promotions, navigate to the “Account” or “My Entries” section. 

Yes. Underdog Fantasy offers daily fantasy sports contests in several sports. Players enjoy mainstream sports (NFL, MLB) and niche sports ( Motocross, World Surf League) contests. Check the contest section to confirm if you can bet on your favorite sport in Alaska.

Please refer to Affiliated Operators’ T&C. Void where prohibited. Gambling problem? Call 1-800-GAMBLER