Posts Tagged formula 1
Monaco grand prix
Posted by Peter Webb in Bet Angel on May 16th, 2010
I don’t do much on the Formula one unless a clear cut opportunity exists but here is a post from last year that should help you on the Monaco grand prix. Click here to view it.
I was thinking of going to the Monaco grand prix this year but expensive is not the word to use to describe the cost to do it in style. Maybe next year!
Mercedes unlikely to win first GP
Posted by Peter Webb in Bet Angel on February 28th, 2010
Anybody who can remember my ‘We are not competitive’ tip for formula one last year may be interested in the following article coming out of the Mercedes camp at the moment. Full story here: -
http://news.bbc.co.uk/sport1/hi/motorsport/formula_one/8539826.stm
What’s the price of a good start?
Posted by Peter Webb in Bet Angel on June 21st, 2009
Thought this may be of interest to you ahead of this weeks British Grand Prix. With the right tactics any market can be traded. I don’t know how to price up a Formula one market but I have made some good trades on it this year. My best trade was laying Lewis Hamilton to win the drivers championship, have a search for that if you wish to read why I did that.
At Monaco, the notoriously tight circuit where overtaking is a word, not an action. It seemed logical that the best trade was to back the person that was most likely to be at the front at the first corner. They would immediately have a clear advantage and were unlikely to be challenged, especially if it was one of the very competitive Brawn GP drivers.
Button got that good start and accelerated into and away from the first corner. The market responded by shortening his price by around 15%. So, there you have your answer. A good start, at Monaco at least, is worth in excess of 10%!
Best motor sports trade ever?
Posted by Peter Webb in Bet Angel on March 29th, 2009
I made a post with this here a little while ago: -
http://www.betangel.com/blog_wp/2009/03/13/we-are-not-competitive/
I am not skilled at motor racing sports or have a strong enough opinion to trade it regulary, but if a trainer came out and said that a horse was not competitive, you would expect the price to drift quite a bit. That’s what I felt would happen in the Formula 1 markets when I heard these comments by McClaren on the state of play on their F1 season. I am amazed it took so long to be discounted into the price of Lewis Hamilton. But looking at the chart you can see his price has drifted considerably since these comments came out, an excellent trade. Lowest price traded was 3.50, current price after testing at the Aussie GP, 10′s!!
The most predictable drift ever?