Idol has become a significant betting event
The Top 24 semi-finalists have been announced which means it's time for the public to vote for their 2007 American Idol. It also means that many people will be "betting on" their American Idol, as well. Payton O'Brien of Gambling911.com claims that the talent contest has become "one of the most significant betting events of the year." Last year, according to O'Brien, millions of dollars were bet on Idol, "across the globe, not just in America."
Several gambling websites are now analyzing the top contestants in order to determine the betting odds. It's sort of amusing to imagine sports bookies trying to figure out the odds of Sanjaya Malakar becoming the next American Idol. But I'm willing to bet those guys are a lot more serious than I am in over-analyzing these contestants and this competition.
By the way, according to the odds-makers, curly-haired Chris Sligh is an early favorite.
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