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What the Latest Formula 1 Odds Tell Us About the Chances of the Teams, Drivers
Published: March 5, 2014
The financial stakes are huge, so the bookmakers can't afford to get it wrong. They don't just make guesses; instead, they use knowledgeable sources and experts to help craft their odds.
They trawl through the rumours, news and inside information so you don't have to.
A bookie will try to set the favourites at odds which don't pay out a lot, but which are long enough to tempt people to bet on them.
For those at the other end of the spectrum, the bookie will never set very long odds unless they're almost certain the outcome will not occur.
Here are some key betting lines, and what they tell us about the drivers' and teams' chances as we approach the first race of 2014.
All odds are given in the fractional format—the first number is the winnings you would receive for staking the second number. You also get your stake back. Odds are taken from Oddschecker's comparison page, and are correct at the time of writing.
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Article Source: Bleacher Report - Formula 1
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