Odds to win the 2008 Miss Universe Pageant featured all the usual suspects among the favorites.  Nearly every year, Miss Venezuela ranks as the one to beat and this year is no different as Miss Venezuela comes in with +625 odds as the favorite and one that promises a $625 payout for every $100 bet at BetCRIS.com.

Miss Puerto Rico is another regular that this year ranks as the second favorite with +750 odds (a $100 bet would pay out $750).

This year's Miss Panama was listed with +900 odds as was Miss USA.  Miss Columbia had odds of +1000 while Miss Czech Republic and Miss India came in with odds of +1100 followed by Miss Mexico at +1200 odds.  A new entry among the top 10 favorites was Miss Belgium at +1200 odds. 

The highest ranking from the continent of Africa was Miss South Africa at +1800 followed by Miss Nigeria at +3300 odds.

Miss Japan, meanwhile, was a huge +8000 underdog as was last year's Miss Japan, who ultimately won Miss Universe 2007 to become one of the biggest winning underdog bets of all time. 

Odds to win the 2008 Miss Universe Contest were courtesy of BetCRIS.com

31351 MISS VENEZUELA +625 - -

31352 MISS PUERTO RICO +750 - -

31353 MISS PANAMA +900 - -

31354 MISS USA +900 - -

31355 MISS COLOMBIA +1000 - -

31356 MISS CZECH REPUBLIC +1100 - -

31357 MISS MEXICO +1200 - -

31358 MISS BELGIUM +1200 - -

31359 MISS INDIA +1100 - -

31360 MISS IRELAND +1400 - -

31361 MISS DOMINICAN REPUBLIC +1700 - -

31362 MISS GREECE +1800 - -

31363 MISS KOSOVO +2000 - -

31364 MISS NORWAY +2000 - -

31365 MISS SOUTH AFRICA +1800 - -

31366 MISS AUSTRALIA +2200 - -

31367 MISS COSTA RICA +2400 - -

31368 MISS KAZAKHSTAN +2500 - -

31369 MISS UKRAINE +2200 - -

31370 MISS ALBANIA +2500 - -

31371 MISS CROATIA +3000 - -

31372 MISS FRANCE +3300 - -

31373 MISS NICARAGUA +3000 - -

31374 MISS NIGERIA +3300 - -

31375 MISS SPAIN +3300 - -

31376 MISS BRAZIL +3300 - -

31377 MISS ECUADOR +3500 - -

31378 MISS PARAGUAY +3500 - -

31379 MISS RUSSIA +3300 - -

31380 MISS TRINIDAD & TOBAGO +3500 - -

31381 MISS VIETNAM +2200 - -

31382 MISS GEORGIA +3800 - -

31383 MISS HONDURAS +4500 - -

31384 MISS INDONESIA +4500 - -

31385 MISS MAURITIUS +4500 - -

31386 MISS MONTENEGRO +4500 - -

31387 MISS SERBIA +4500 - -

31388 MISS THAILAND +4500 - -

31389 MISS ARUBA +3500 - -

31390 MISS CANADA +3000 - -

31391 MISS KOREA +4500 - -

31392 MISS PHILIPPINES +4500 - -

31393 MISS SLOVAK REPUBLIC +5000 - -

31394 MISS URUGUAY +5000 - -

31395 MISS CHINA +5500 - -

31396 MISS GUAM +6000 - -

31397 MISS HUNGARY +6600 - -

31398 MISS ISRAEL +6600 - -

31399 MISS PERU +6600 - -

31400 MISS SINGAPORE +6600 - -

31401 MISS SLOVENIA +6600 - -

31402 MISS UNITED KINGDOM +7500 - -

31403 MISS ANGOLA +8000 - -

31404 MISS ARGENTINA +8000 - -

31405 MISS BAHAMAS +8000 - -

31406 MISS BOLIVIA +8000 - -

31407 MISS EGYPT +9000 - -

31408 MISS FINLAND +6600 - -

31409 MISS GERMANY +3300 - -

31410 MISS GHANA +8000 - -

31411 MISS ITALY +3300 - -

31412 MISS JAMAICA +7000 - -

31413 MISS JAPAN +8000 - -

31414 MISS NETHERLANDS +3300 - -

31415 MISS NEW ZEALAND +4500 - -

31416 MISS POLAND +6600 - -

31417 MISS ANTIGUA & BARBUDA +8000 - -

31418 MISS DENMARK +7700 - -

31419 MISS ESTONIA +6600 - -

31420 MISS SWITZERLAND +8000 - -

31421 MISS CAYMAN ISLANDS +8000 - -

31422 MISS CURACAO +8000 - -

31423 MISS CYPRUS +9000 - -

31424 MISS EL SALVADOR +8000 - -

31425 MISS GUATEMALA +6600 - -

31426 MISS MALAYSIA +7000 - -

31427 MISS TURKEY +7000 - -

31428 MISS TURKS AND CAICOS ISLANDS +7000 - -

31429 MISS SRI LANKA +8000 - -

31430 MISS TANZANIA +9000