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Spain Race Day

Not much to report after today’s race. A small profit but not enough to cover yesterday’s loss means I end the weekend down.

I lost on Alonso as I thought he would get off the line well but he seemed bogged down and ended up loosing a place (see comments on the last post for reason’s why I done this). When he pitted and came out behind Rubens I took a lay position on the points finish market because he came out much further back than I expected. As it turned out his engine let go anyway so the profit form this covered the first lap leader loss.

Successful trades on Kimi for fastest lap came in thanks to one quick lap from Massa which moved things around for a brief moment - I had money on Kovalainen but still managed to profit even though his race ended in disaster.

Betfair once again screwed up as they suspended the fastest lap market before everyone had completed their last lap. Luckily for them nobody set a real fast time during their last lap otherwise more complaints would have been swinging their way.

One of my favourite outright bets is the Race Handicap with BET365. Kubica looked good at 6.5 and this bet came in as well. Each driver is given a set amount of seconds to be deducted from their actual finish time and by my calculations he won the bet by about 3-4 seconds.

Not a great weekend for me but that’s the game. As long as I can keep losses to a minimum I’m happy.

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I have managed to make consistent profits through a mix of traditional betting, trading on the exchanges and somewhat of an obsession for Formula One over the last 3 seasons. Will it continue in 2008 or have I just been lucky! Follow my blog as I look at the possibilities in each race and try to pick out the value bets. Feel free to comment on any posts (negative or positive!) or contact me by e-mail if you have any questions (mail@flutterfly.co.uk).





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