What the Latest Formula 1 Odds Tell Us About the Chances of the Teams, Drivers

Formula One betting odds are often a great way to get an insight into where each team and driver stands. 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 a...

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