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Hamilton wins at Silverstone

I said in a previous post it will take a great drive from Lewis to win this race. I really didn’t think he would do it this year and after overdriving the car in qualy yesterday it looked like he had his work cut out. Winning the race was a great answer to his critics and trouncing the opposition was an even better one.

I have in the past favoured laying Lewis in most cases. His odds tend to be on the short side and he is prone to mistakes as every rookie is, but I will tread with more caution in the future. Some will say Kimi lost this race on the wrong tyre choices but I don’t think he would have been able beat Lewis anyway as his pace was so much quicker than everyone else. The win will have lift some of the pressure which has been building and was probably the cause of a poor race in France. It’s a 3 way tie in the championship but I can now see Hamilton going on to win it.

As for the trading I made a small loss. From the moment the race started I was on the back foot. A green up of the Heikki bet after the first lap gave me a return on race winner but the big looser for me was fastest lap. Kimi set the fastest lap once again (I think that’s 6 in a row now) and because the rain then slowed the times I had no way of exiting backs on Heikki, Lewis, Alonso and Webber.

I thought about backing a safety car but luckily I didn’t. With so many spins and rain it’s surprising it didn’t make an appearance. The trouble with rain is you can either win big or loose big so it was a conservative and quiet race for me from a trading perspective.

After yesterdays win I still end the weekend in profit so it’s been another good weekend for me.

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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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