American Idol Betting Odds Finale Preview: Bowersox The Underdog
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The American Idol finale is tonight, and over twenty million people in the US are expected to watch Lee DeWyze and Crystal Bowersox battle it out to become the next American Idol. Online gambling sites will be offering betting opportunities on the finale right up until the live show begins on FOX.
For the better part of the live shows, DeWyze has been the betting favorite. He took over the favorite role from Bowersox, and has not relinquished his spot. Going into the finale, DeWyze has odds of -225 to win the competition.
Bowersox has performed at a high level throughout the competition, but does not seem to have the support she once enjoyed from the judges. Any gamblers believing that Bowersox will emerge victorious will find odds as high as +195. that would mean a two to one return on their investment.
Online sports books quickly jumped on the American Idol phenomenon several seasons ago and it has proven to be a profitable endeavor for the online gambling sites. With hundreds of millions of people watching the show in the first eight seasons, it seemed only logical that the betting sites would get in on that type of action.
“As American idol has become a staple for Americans on Tuesday night, the betting on the show has increased in the past several years,” said Gaming Analyst Brad Dawkins. “While the viewership has decreased in recent years, the gambling has increased, with bettors taking a chance on long shots early in the competition.”
At one point last season, eventual winner Kris Allen was a 60/1 long shot. Anyone that would have wagered $100 on Allen at that particular time, would have won $6,000 when he took down the competition and won season eight.
This year, both finalists came out of the Chicago, Illinois auditions. DeWyze has grown confident in recent weeks, and Bowersox has remained consistent throughout. The finale is set for 8PM tonight on FOX, and the results show will air tomorrow night.