Australian Grand Prix

There is html coding in this post so if anything looks off please tell me and I’ll try to fix it.  The accent is sadly on the try.

As I described in this post, I was going to put imaginary money on the fastest drivers after the Friday free practises, Saturday practise and qualifying to see which betting strategy would gain me the most money over the season.

Fastest Friday Practice Price Fastest Saturday Practice Price Fastest Qualifying Price
Vettel 5/4 Grosjean 33/1 Vettel 4/7
Amount won/lost on a £1 bet -£1 Amount won/lost on a £1 bet -£1 Amount won/lost on a £1 bet -£1
Amount won/lost on a £10 bet -£10 Amount won/lost on a £10 bet -£10 Amount won/lost on a £10 bet -£10

I think I mentioned that betting was a mug’s game, didn’t I.

One interesting thing to me was that, after qualifying, the bookies (or at least William Hill) thought that Vettel was unbeatable to point that he was odds on to win.  This would have meant that if Vettel had won, I would have received £5.71 + my stake on a £10 bet (or 57 p on a £1 bet), which, even given his pedigree and the car’s pedigree is a pretty major statement for the first Grand Prix of the season.  One that turned out to be wrong.  It’ll be interesting to see if the following Grand Prix are as difficult to predict.

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