Korean Grand Prix Betting: It pays to look beyond Vettel

Formula One is turning into the Sebastian Vettel show following his third consecutive victory in the Singapore Grand Prix.

This has had an inevitable effect on the odds for the Korean Grand Prix, which takes place this weekend: Vettel's odds have been slashed while his rivals' have risen.

What's more, Vettel's track record at the insipid Korea International Circuit is formidable. He's won twice and led 153 of the 165 laps raced on this circuit. Had his engine not failed in the dying stages of the inaugural race no one but the Red Bull driver would have triumphed at this track.

With Vettel's odds of winning a measly 1.60 it could be tempting to put some money on team mate Mark Webber, who has access to the same hardware and is overdue a win this year (no thanks to his team-mate, of course).

But Webber carries a ten-place grid penalty into this weekend's race - an automatic sanction for collecting his third reprimand of the year in Singapore - condemning him to a mid-grid start at best.

For all of Red Bull's strengths, reliability has not always been one of them. Vettel has already lost one likely win this year due to car failure and Webber's RB9 let him down on the final lap in Singapore.

Vettel's superiority at least means there are decent odds to be found on his rivals. Lewis Hamilton is at 5.50 to win and Fernando Alonso offers odds of 6.00. Kimi Raikkonen is on an even more rewarding 12.00. But out of that trio I'd be tempted to back Alonso, who's finished runner-up to Vettel in the last three consecutive races and won in Korea three years ago.


Keep an eye on Rosberg - and the rain

Nico Rosberg ran Vettel close in the competition for pole position in Singapore so it's a surprise to see his odds for pole position this weekend are as high as 6.00. Rosberg has already had three poles so far this year so this looks like a bet worth making.

It is also worth bearing in mind the weather forecasts, which show a tropical storm development in the region. It remains to be seen whether it will interfere with the running of the race, but it's worth bearing in mind if you are planning to make a bet. Red Bull and Mercedes have tended to go well in wet conditions this year while Ferrari and Lotus have not liked the rain.


Early betting on 2014

With the contest for the 2013 championship titles looking increasingly settled, thoughts are turning to next year when there will be a significant overhaul in the technical regulations.

At this early stage, with nothing known about the pedigree of next year's cars, Vettel remains the firm favourite to claim what could be a fifth consecutive championship title, on odds of 1.70.

Alonso and Raikkonen - who will be team mates at Ferrari next year - are on 4.00 and 4.25. It's been five years since Ferrari last won a world championship and their eagerness to end that streak is demonstrated by them hiring two world champions for the first time in 60 years.

Finally, Hamilton's big-money move from McLaren to Mercedes this year was all about getting ready for 2014. He's on odds of 4.75 to deliver the title for the three-pointed star. But on the strength of this season we shouldn't be too quick to discount Rosberg, who offers even better odds of 15.00.

Keith Collantine is the editor of Formula One blog F1 Fanatic