Sportsbook Betting on Grammys 2012

The 54th Grammy Awards are just days away as the Recording Academy recognizes the top achievements from the year in music. The Grammy Awards will air on national television over CBS on Sunday February 12th at 8PM Eastern Time. We will take a look at the betting odds from some of the major award categories from the Grammys this year. The Grammy betting odds explained is as follows. If you see a plus (+) next to the odds, that means you will win the dollar amount following the plus (+) for every $100 you wager. A minus (-) next to the artist odds, means you must bet the dollar amount following the minus (-) to win $100. If there is a minus (-) next to the dollar amount it usually refers to the betting favorite for the event. The bigger the plus (+) next to the artist odds the bigger the underdog they are to win. We will be using the odds from Bovada sportsbook.

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Adele is the dominating favorite along most the categories in this year’s Grammys. The 2012 odds for Album of the year find Adele’s 21 a huge favorite at -1000 odds. You are going to find very short odds on Adele from the major categories in this year’s Grammy Awards. Bruno Mars comes in as the second favorite at +750 odds for his critically acclaimed Doo-Waps and Hooligans. Lady Gaga’s (Born This Way) checks in at +1000 odds and the beautiful and talented Rihanna’s (Loud) is the longshot in this category at +2500 odds.

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Adele sits as the huge -400 betting odds favorite in the Grammy’s for the 2012 Record of the Year for Rolling in the Deep. Mumford and Suns for their work in The Cave has been listed as the second favorite in the betting at +600 odds. Bon Iver for work on (Holocent) comes in at +1000 in the betting. The cheerful and energetically brilliant Katy Perry checks in as the Grammy longshot here with Firework returning +1500 odds.

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The 2012 Grammy for Song of the Year has Adele’s Rolling in the Deep the prohibited favorites as line now reads at -1000 odds. All The Lights by Kanye West with Rihanna and Kid Cudi is the second favorite on the wagering menu with a return of +700 odds. Longshots in for the Grammy in this category includes Grenade by Bruno Mars which returns +2500 odds and Holocene by Bruno Mars at +2500 odds in the Grammy Awards betting.

The Best New Artist is always an interesting Grammy Award category and this year’s betting odds reveal and competitive race. Nicki Minaj sits as a short -150 favorite for the Best New Artist in the 2012 Grammys. Bon Iver is currently second in the wagering at +300 odds. If you think The Band Perry will win you can take back +350 odds in this spot. Fourth in the wagering is J Cole with longs odds at +900 return for bettors. The longshot shot of the entire field is Skrillex which returns you +2000 odds for you sportsbook betting