Panama a Favorite to Take Home Miss Universe Crown

Panama has a winning chance to take home the Miss Universe title this year as Carolina Dementiev Justavino has been made one of the favorites to win this year's contest.

BetCRIS.com had the lovely Latino with +900 odds (or a $100 bet would pay out $900).  She had the same odds as Miss USA and only Miss Venezuela and Miss Puerto Rico had better odds.

Odds to win the 2008 Miss Universe Pageant Here

Miss Panama is an aspiring athlete who won the Silver Medal in a Regional Swimming competition.  Could Carolina one day become a future Olympian as well as maybe Miss Universe?

"I have a great sense of responsibility, hold high levels of discipline and that I am willing to always go the extra-mile to achieve my goals," Miss Panama stated.

The Miss Universe 2008 Pageant is expected to be among the most heavily bet on events in July especially following last year's shocking underdog win by Miss Japan - a payout that helped a dream come true for the reigning Miss Universe, Riyo Mori.

Jerry Springer and Mel B (from the Spice Girls) will be the honorary hosts of this year's Miss Universe Pageant, live from Nha Trang, Vietnam Sunday, July 13 at 9 pm EST.

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Jordan Bach, Gambling911.com

Originally published July 2, 2008 1:32 pm EST