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American Idol Season 7 starts January 15 and that means American Idol betting season will soon be in full swing. For starters, one can bet on what sex will win American Idol Season 7. The male pays even odds early on at Sportsbook.com. The female is more of a risk at 5/7 odds. The American Idol betting season gets quite frenzied once the top 24 finalists are determined. At that time online gambling websites begin offering betting odds on individual weekly eliminations and updated odds to win. "It is the biggest entertainment betting phenomenon in the world," explains Payton O'Brien, Gambling911.com Senior Editor who has witnessed three seasons of utter wagering mayhem on both winners and weekly eliminations. "Millions of dollars will be bet on the show this season," she estimated. Last season, Bookmaker.com paid out unprecedented amounts of money to gamblers who bet large underdogs to be eliminated during certain weeks. "Season 6 was about as unpredictable as they come, especially with the Sanjaya Malakar factor. We were seeing payouts up to $10 for every $1 bet made during a few of the elimination weeks." Mickey Richardson, CEO of Bookmaker.com, has been spending countless numbers of hours during the off season brushing up on his American Idol trends data to share with all company oddsmakers, who will then endure rigorous training on the subject matter. American Idol incorporates the same type of statistical, news data and trend analyses as betting on sports and politics. Gambling911.com is the largest website focusing on American Idol betting with wagers placed in more than 2000 countries worldwide. This promises to be the biggest season yet thanks heavily to the writer's strike.
Nigel Lythgoe told
the Associated
Press: "American
Idol" has reached a
plateau in the
ratings, down only 1
percent from 2006
(30.7 million
average viewers) to
2007 (30.4 million).
The finale with
winner Jordin Sparks
was seen by 31.2
million, according
to Nielsen Media
Research. ---- Christopher Costigan, Gambling911.com Publisher CCostigan@CostiganMedia.com Originally published January 15, 2008 6:10 pm EST
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American
Idol Season 7
Betting