As there are three weeks between Bahrain
and the slightly less controversial Grand Prix in Barcelona,
I thought it would be a good time to pause, take stock, put on the theme from
Where Eagles Dare and consider how the season is shaping up, and then how that
affects betting possibilities.
So far, I think the season is excellent. It’s married the
tight races of 2011 with the close title battle of 2010. Half of the teams have
been on the podium and all save the pointless triumvirate are now on the
scoreboard.
In addition to this, every race has been won by not just a
different driver but a different team. The top 5 drivers are separated by 10
points (a 5th placed finish, I think, under the new scoring system)
and there are just 9 points between Red Bull and McLaren.
Reliability is interesting. It’s been a bit less bulletproof
than 2011, though not as bad as a decade or two ago, and McLaren have had
problems in the pits. They need to sort that out, because in a season this
close it could make all the difference.
The tyres are crumblier than ever, and, interestingly,
sometimes the prime is the better in the race with marginal speed loss and
significantly better durability than the option. At different circuits
different teams have struggled or excelled. Mercedes ate their tyres at the
first two races then excelled at China,
McLaren were good at the first three circuits but seemed to struggle in Bahrain
and Lotus fell off the cliff in Shanghai.
Whilst all this makes the racing exciting and unpredictable,
it does make trying to bet on F1 more challenging, I think, than it has been
recently. On the plus side, that probably means more long odds events will
occur.
Disregarding small differences I made 1 stake losses at the
first three races and almost recouped 1 stake in Bahrain.
So, that’s roughly 2 stakes down, which isn’t terrible (or impressive).
It’s also important to remember that all teams, especially
red ones, are very keen to upgrade their cars for the European bit of the
season, starting with Spain.
So, whilst the cars won’t fundamentally change the order could be rejigged a
bit.
Qualifying
We’ve had three teams and individuals getting pole so far. Hamilton
edged his team mate at the first two races, then Rosberg won by miles in China
and Vettel was a tenth ahead of Hamilton
in Bahrain.
Unlike last year, P3 seems to offer little in the way of
helpful indications. So, I might bet on qualifying even if I don’t see P3 (if I
find something that seems cunning).
I also think there might be a simple guideline: back Hamilton.
He has two poles and two second places, one of which was just a tenth away from
pole. The top 3 market might also offer opportunity.
However, it’s worth bearing in mind that getting to Q3 is
not guaranteed, and even leaving Q1 can sometimes be tricky for even the top
teams.
Race
These have been dramatic, thrilling and often a little bit
crazy. Australia
was pretty close and exciting but was also a ‘normal’ race (Hamilton
got screwed by the safety car, which was unlucky). Malaysia,
however, was soggier than a dog in a swimming pool. Tactically astute moves
from Ferrari and Sauber, coupled with some very good driving from Perez
especially, got Alonso his first win and Sauber their best ever result (as
purely Sauber).
In China
we had a runaway winner in Rosberg as Mercedes perfected tyre management and
race setup whilst half a dozen cars were separated by a hundred yards or so and
vied for 2nd. We also saw what happens when the cliff is reached,
when Raikkonen tumbled from 2nd to 14th in about a lap. Bahrain
was competitive throughout the field, but the major stories were the resurgence
of Vettel and Raikkonen’s great performance to come 2nd.
It’s hard to take too many general lessons from the races so
far because the field is so competitive that each particular circuit itself
becomes perhaps the dominant factor in how teams and drivers do. However, we’ve
seen that the chap who starts in pole doesn’t necessarily win (well, if his
name’s Hamilton, that is) and that
drivers can come from very far back to score points. 11th to 2nd
was great for Raikkonen but 1st was perhaps possible.
Considering who has what tyres left after qualifying is
perhaps as important as their actual grid slot.
Titles
I do think that McLaren may be best-placed. They’ve lost
both title leads, for now, to Red Bull, but this has been due to some
misfortune. Hamilton had poor pit
stops in Bahrain,
Button had a reliability failure in Malaysia
and Hamilton had dire luck with the
Australian safety car. However, the McLaren is the only car to be competitive
at every qualifying session and in every race save Bahrain
(that circuit, with high degradation and high temperatures may be unique. Be
interesting to see how high degradation Canada
plays out).
Red Bull lack their qualifying dominance of last year but
their race pace has been very solid and they’ve made the most of their opportunities.
The Mercedes, I think, may be a glass dagger (very sharp, but fragile). The
Ferrari is a dog, yet Alonso is really still in the hunt so if their early
season upgrades work he could yet surprise us all (the close title fight will
help him as it prevents anyone getting miles ahead and being uncatchable). The
Lotus seems to be like the Mercedes: capable of great speed but not
consistently so.
The top 5 drivers are:
Vettel 53
Hamilton 49
Webber 48
Button 43
Alonso 43
If we remove the Malaysian race, however (which was a bit
crazy) we get the following (I think):
Vettel 53
Button 43
Webber 36
Hamilton 34
Alonso 18
Perhaps perversely, I’m actually most tempted by Button and
Alonso. Button has been quick in most places, and has two DNFs due to bad luck
(reliability failings). Alonso has an appalling car but is doing very well with
it. Better luck for Button or working upgrades for Alonso could see them
improve still further.
Pre-season I put small bets on Hamilton and Button to win
the title. Vettel is presently favourite, but I’m not sure that should be the
case. If I were betting now, with no previous bets, I’d be looking at Button at
5.6 and Alonso at 17 (the latter is with Ladbrokes). In fact, I’m pretty
tempted to put a small sum on Alonso at those odds anyway [this is very
counter-intuitive, but I’ve read that he’s actually in the best position he’s
been in with Ferrari at this stage of the season]. However, I’ve got to wait
and see how the Spain
upgrades go.
There are four things that should be considered when betting
on titles:
How good is the driver (or drivers, for a Constructors’
bet)?
How good is his team mate?
How reliable and fast is the car?
How good is the team at upgrading the car during a whole
season?
Even though we’ve had 4 races so far there are still 16
left, so there’s a very long way to go.
Incidentally, I’m contemplating adding a third line to the
graphs I’ll eventually be putting up, showing how well pb2’s readership (mostly
Messrs Nigel and Putney) do with their tips. If so, I’ll do it for the second
half of the season, using the same £10 stake rule I use for my own offerings.
Morris Dancer