The opening race of the 2008 Formula One calendar is upon us on March 16 and here is the right place to find your free bet on that race in Melbourne.

The Australian Grand Prix provides the first betting opportunity of the new season and with rules changes affecting every manufacturer, this season promises to be one of the most wide-open and interesting for many a year.

The Melbourne Grand Prix has been a stalwart of the motor racing scene since it first came to its permanent home around Albert Park Lake in 1996 when Damon Hill won the contest.

Kimi Raikkonen won the event last year and is one of the leading fancies to win again for Ferrari who have a tremendous record in the race (six wins in the last nine years.) British drivers have a useful record in the Melbourne Grand Prix with our victories since its inception and there may be plenty willing to use their free bet on Lewis Hamilton who led a Grand Prix for the first time in the is contest last season.

There are multiple betting opportunities on the contest besides the outright winner odds including who will finish on the podium, who will gain pole position, who will record the fastest lap and many more. Many will feel that before the first Grand Prix of the season, it is the right time to use their free betting opportunity on the Constructors Championship.