Get Extra Each-Way Value At This Weekend’s Grand Prix

| September 22, 2010 | Reply

Good betting is all about finding value.

It’s just like shopping…

You decide to buy the new X Factor winner’s album and are so overcome with manufactured joy that you buy it from the first shop you can find.

Unfortunately that shop happens to have sniffed you coming a mile off and has priced said album at £14.99, despite knowing full well that it will be in the bargain bin in a couple of months.

Had you shopped around a bit you might have found it for £9.99…

Had you waited a month or two you might have found it for 99p…

But because Cowell and co told you it was the best thing that they had ever heard and because you ignored the strange feeling of déjà vu that those words provoked, you took the first offer and wasted your money.

You see, in betting it doesn’t matter if you take a poor price and win – you’ve still taken a poor price.

If you took 10/1 when it should have been 16/1 then even a winner will see you significantly worse off than you should have been.

If the X Factor winner’s album is good…

No sniggering at the back.

You’ve still lost out if you paid £15 when you should have paid £10.

So, let’s put this guidance into practice and back Lewis Hamilton to win the Singapore Grand Prix at 5/1 each-way.

A big offer bonanza

This bet really does have it all.

It’s better value than the alternatives…

It’s available at the cheapest bookies in town…

And it comes with an inbuilt money back guarantee.

Let’s start with the alternatives…

The terms of the each-way bet are 1/5 (one fifth) the odds for the top three positions, so our alternative bet would be to back Hamilton to finish in the top three.

The best odds available in this market are 10/11, whereas one fifth of 5/1 comes out at evens.

Next, the bookies…

Lewis is as short as 3/1 with Bwin to win the race and 7/2 generally but thanks to Blue Square and 888 Sport, we have two places where we can claim the 5/1.

Finally, the money back guarantee…

Admittedly this doesn’t cover all occurrences but let’s face it, not many money back guarantees do.

However, it does mean that you will get your entire stake back if Hamilton finishes in the top three but doesn’t win…

And if he does win, you’re quids in.

The Singapore sling

Now I realise that none of this value is much good to anybody if Hamilton has a stinker but if you continue to bet where the value is, you will make considerably more than you lose.

Furthermore, the McLaren man is pretty unlikely to have a stinker…

In fact, there is every chance that he’ll come out of this weekend smelling of roses.

The reason why Hamilton is a good price with some bookies is that McLaren struggled in similar races earlier on this season…

What many people have yet to notice is that a lot has changed since then.

The two McLarens have been performing well of late and will be further boosted this weekend by some pretty major aerodynamic developments…

Meanwhile, their main rivals Red Bull and Ferrari have both been hit by rule changes, which have forced them to make modifications to the cars that did so well previously.

Another factor that may be affecting the odds is Lewis crashing out of the previous Grand Prix.

On that occasion he pushed a little too hard at the start but with races running out and only a five point gap to make up at the top, I can’t see him making the same mistake twice.

He also has form in Singapore, having won there for McLaren last season.

At 5/1 each-way this bet is as exciting as the X Factor professes to be but makes far more genuine appeal…

Second or third will recoup your stake, first will multiply it by four.

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Category: Betting Tips

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