Formula 1 Betting By Numbers
Once again I've produced two form charts; the first based on the entire 2013 season and the second weighted in favour of recent races.
For the benefit of anyone new to F1 Tips blog, the first chart shows the usual 'Betting Profit' returns based on a standard £1 bet on the same driver at each Grand Prix so far this season...
Standard 'Betting Profit' Chart For Winning Driver:
Winning Driver | Profit* | Winning Bet |
Sebastian Vettel | 3.05 | 3 |
Kimi Raikkonen | 2.00 | 1 |
Fernando Alonso | 1.25 | 2 |
Nico Rosberg | 0.00 | 1 |
Rest Of The Field | -7.00 | 0 |
* As a reminder, the 'Profit' column shows the amount of profit you would have made if you'd placed a £1 bet on the same driver at every Grand Prix this season. Please note, even in the few days before first practise, the odds can sometimes vary slightly, so I've generally tried to take the odds a few days before each Grand Prix as soon as the market opened on SkyBet.
As you can see, if you'd consistently stuck to one of the three favourites in the championship battle, then whoever you'd bet on you'd currently be in profit.
The second chart is weighted in favour of recent races to take into account the fact that recent form obviously has more relevance to forthcoming results. To be specific I've applied the following multipliers for each Grand Prix; Malaysia 16.7%, for China 33.3%, for Bahrain 50%, for Spain 66.7%, for Monaco 83.3% and for Canada 100%:
'Betting Profit' Chart For Winning Driver Weighted In Favour Of Current Form:
Winning Driver | Profit | Winning Bet |
Sebastian Vettel | 3.50 | 3 |
Nico Rosberg | 3.33 | 1 |
Fernando Alonso | -0.5 | 2 |
Rest Of The Field | -3.50 | 0 |
As you'd expect, Sebastian Vettel remains the most profitable bet thanks to his recent Canadian victory and despite only one victory to his name Nico Rosberg is only narrowly behind thanks to the 7.0 on offer for him to win at his home race in Monaco.
Next up over the next few days I'll be analysing the Podium Finish market.
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