Formula 1 Resumes with the Australian Grand Prix

Published March 20, 2016 by Florin P

Formula 1 Resumes with the Australian Grand Prix

Lewis Hamilton is favorite to win the Australian Grand Prix, as the new Formula 1 season begins today (5:00 a.m UK Time).

Lewis Hamilton won the last two Formula One Championships and propelled his team to a clear victory in 2015. Over the last couple of years, the competition was not that intense and the most serious contender was his teammate Nico Rosberg. Both of them are anxiously waiting for the new season to begin and will try to make the most of the Australian Grand Prix scheduled for Sunday.

High Expectations from Lewis Hamilton

Ahead of the Australian Grand Prix, fans of Formula One are already betting on the outright winner in the Drivers Championship. Lewis Hamilton is once again credited with the first chance and the best odds don’t exceed 13/20, while Nico Rosberg comes in second with a solid 3.00. Not surprisingly, Mercedes is expected to triumph once again, with Ferrari, Red Bull and McLaren as the underdogs.

The first race of this Formula One season will also be very important for Sebastian Vettel and Kimi Raikkonen, who are not given much of a chance by bookmakers. Both of them trail Lewis Hamilton and are counting on a positive start to stay in the race for the championship.

Even Odds on Lewis Hamilton to Prevail in Australia

bet365 Sports has already published the odds on the Australian Grand Prix Outrights and Hamilton tops the list with even odds. Punters can wait until minutes before the race or place the bets in advance, hoping to lock in better value. Nico Roseberg drives the same powerful Mercedes and he was the runner up in consecutive years, so he is not to be underestimated.

Money can be made well before the race actually starts, by betting on the driver who claims the pole position. Lewis Hamilton still leads the pack, but Vettel’s odds to triumph are a juicy 8.00, while Raikkonen creating a major upset is priced at 17.

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