Taylor Hicks Likely To Become The Next American Idol

The upset elimination of Chris Daughtry shocked fans and bettors who believed the North Carolina native was a shoe-in to become the fifth American Idol. Daughtry became the favorite with bettors at BetCRIS Sportsbook, one of the first companies to open wagering on the reality show, after the 24 Idol finalists performed for the first time. Immediately following yesterday evening's elimination show, BetCRIS Sportsbook released updated odds on which of the three remaining contestants will become the next American Idol.
The largest sports betting site on the Internet, BetCRIS Sportsbook has received unprecedented interest in the latest edition of the hit reality show, with wagering already 20 times bigger than on the Oscars and expected to rival this year's NBA Finals. With his manic stage presence and Daughtry's elimination, Taylor Hicks has become the new favorite to win American Idol at 5/8 odds (i.e., win $5 for every $8 bet). Despite two mediocre weeks in a row, including a narrow escape last night, Katharine McPhee remains a solid Idol contender at 5/2 odds. BetCRIS Sportsbook remains skeptical of Elliott Yamin's chances and not only lists him as a 5/1 long shot to win the major recording contract, but has also made him the favorite to be next week's Idol casualty at 5/9.
"While somewhat unexpected, Chris' elimination didn't come as a complete surprise, as we dropped his odds significantly following his lackluster performance Tuesday night," said Simon Noble of Pinnacle Sports. "Meanwhile, Taylor appears to have hit a high note with Idol voters and the soul patrol through his consistently impressive performances and winning stage personality."

Source: http://www.casinotimes.co.uk/casino-news/2006-05/american-idol-120506.htm