F1 - Qantas Australian Grand Prix from Albert Park, Melbourne

Finally the 2011 F1 season gets underway. Like always the season starts with numerous changes that will effect the way races are ran and capped. One thing however that seems to have stayed the same is Red Bulls dominance in pace. The biggest change is in the tires as F1 switches from Bridgestone to Pirelli. The new Pirelli tires are designed for quick wear which will add numerous pit stops to each Grand Prix and thus increase excitement. Should be very interesting to see how things play out early while learning what to expect throughout the season. Made my plays earlier in the day and some of the lines have changed slightly in my favor since

To Win:

Sebastian Vettel -115 to win $200. The defending series champion is fast yet again and looking to makeup for last seasons car problems which cost him this Grand Prix.

Top 3:

Lewis Hamilton -160 to win $200. Everyone was expecting Red Bull to qualify 1-2 but Hamilton showed Mclaren is in the mix and he should be able to bring it home on the podium.

Fastest Lap:

Sebastian Vettel +150 risk $100. A fairly generous price considering he crushed the field buy 8 tenths of a second in Q3.

Race Match:

Lewis Hamilton -130 v Mark Webber to win $100. As long as Lewis can hold Webber off at the start with Red Bulls race start KERS system, he should stay ahead of him all race.

Best of luck with your picks, mate, those look good!

Looks like Vettel is strong favourite to win for sure, unless Hamilton has a great start, or even Button, Webber or Alonso. Also, it's hard to predict the outcome with the new rules and changes, especially with the new brand of tires like you mentioned. Pit stops could play a big role in who wins in the end. 

I also have Hamilton down to win the match up with Webber, and I put a real small wager on Hamilton to win as well, just for fun! At +300, it's not a bad value at all. Anything can happen in Formula 1!

Well, best of luck and here's to another great long and exciting season ahead! I'm really excited! :D

To Win:

Sebastian Vettel -115 to win $200.

 The defending series champion is fast yet again and looking to makeup for last seasons car problems which cost him this Grand Prix.

Top 3:

Lewis Hamilton -165 to win $200.

 Everyone was expecting Red Bull to qualify 1-2 but Hamilton showed Mclaren is in the mix and he should be able to bring it home on the podium.

Fastest Lap:

Sebastian Vettel +150 risk $100.

 A fairly generous price considering he crushed the field buy 8 tenths of a second in Q3.

Race Match:

Lewis Hamilton -130 v Mark Webber to win $100.

 As long as Lewis can hold Webber off at the start with Red Bulls race start KERS system, he should stay ahead of him all race.

Hamilton running through the grass and dragging the under carriage of the car could have been a fatal blow. Luckily it only cost me Vettel fastest lap as Hamilton could no longer put any pressure on Sebastian allowing him to cruise to the finish. Haven't been able to find official fastest lap results but I believe Alonso was the winner. Still a great start to the F1 season... +$400 for the Australian GP.

You should find another book. My book had him +450 most of the day with a slight drop to +425 just before the race. Nobody had anything for Vettel either way.