Raikkonen cut for F1 Drivers' title
Kimi Raikkonen is 4/1 from 12s for the Formula One Drivers' Championship after winning the first race of the season.
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The Finn produced a measured drive to dominate the Australian Grand Prix and, having been tipped by our Tom Millard at 12/1, he's now third favourite to land his second title.
Sebastian Vettel failed to convert pole position into victory but remains favourite at a best of 13/8 with Sky Bet and bet365, ahead of 7/2 chance Fernando Alonso whose season got under way with a solid second.
Sky Bet trader Ned Brooker said: "Lotus kept us all guessing in practice and didn't show a huge threat in qualifying, with Raikkonen as long 20/1 to win the race after qualifying on the fourth row of the grid.
"He proved he's still top class, though, with a magnificent drive in a fully deserved win. The Finn has shown us he's most certainly a title contender, so we've had to rethink our odds."
Alonso's team-mate Felipe Massa confirmed the form he showed late in 2012 by taking fourth and he's now 40/1, whereas Lewis Hamilton's fifth has seen him drift to 14s with sportingbet.
It was a disappointing weekend for McLaren, whose drivers Jenson Button and Sergio Perez could only manage ninth and 11th respectively, and they're out to 25/1 and 66s as a result.
With Mark Webber managing sixth, Red Bull remain favourites to land the constructors' title once more but are now out to evens, with Ferrari 3/1 shots.
Raikkonen's team-mate Romain Grosjean could only finish 10th in Melbourne but they are now clear third-favourites in the constructors' betting at 8/1, ahead of 9/1 shots McLaren.