Starting the Spanish GP weekend I was £23.85 down. I expected to go well and it in all honesty it was abit of a let down as I got 2 bets right and 2 wrong. As to how much I won and lost, well I will work that one out in a minute. I think I can scrap ever betting on Raikkonen, he has let me down far to often now.

Bet 1: Alonso to outqualify R. Schumacher. I expected more from the home boy and even despite having a great race car he clearly didn't use it in qualifying. Bet £20 and lost £20.

Bet 2: Raikkonen to outqualify Coulthard. As I say, I don't really want to talk about it. Clearly Kimi is in some form of trouble as he can't beat his own team mate who is known for qualifying quite badly. It looked promising in practice but yet again I was let down in qualifying. Bet £20 and lost £20.

Bet 3: Alonso to outqualify Raikkonen. Finally I won something! Still disapointing performances by both drivers who will need to raise there game abit in Monaco if they want challenge for more points and a podium place. Bet £20 and won £31.

Bet 4: Webber to finish the race. Good thing I picked the right Jaguar. I think Jaguar are a team which have there off days and recent form hasn't been great but they do have good reliability. I was abit concerned so many cars were falling out of the race (higher than usual) but Mark kept it together. Bet £25 and won £36.25.

Ok looking back it would seem I might have pushed myself into even more debt! After this weekend I lost a further more £17.75 which brings me down to £41.60 in debt. Ouch!!! Might call for some giant bets next time I think.

Look out for my tips of Monaco next week.