Holloway's side are only two points clear of the drop zone (Getty Images)

"We passed the ball well, we kept it, we got it wide and created chances," Holloway told BBC Radio Leicester.

"But we lacked a little bit of quality in the final third and unfortunately we've come out losers.

"We deserved at least a point, we dominated possession but found it hard to break them down and when we got behind them it didn't fall to us."

Interview: Leicester manager Ian Holloway

606: DEBATE I am sorry to say this and I really wanted to give Ollie time but he is clueless... I have never witnessed such an abject and inept performance in my whole life. Bedfordfox

Holloway felt that his side were on top even before the Hornets had John-Joe O'Toole sent off for fouling Stephen Clemence.

"We got them down to ten men through a fantastic move we were going to score with," Holloway said. "It's frustrating

"But then a little bit of anxiety at the other end - when we seemed to be dealing with something - cost us.

"The keeper (Ben Alnwick) is gutted, he's come out when he didn't need to and it fell to one of them and they smacked it in."