American Idol odds players are not surprisingly huge fans of the program, and they inevitably develop favoritism toward certain singers. Unfortunately, these biases can easily influence one’s analysis of the American Idol betting odds, so bettors must be careful to wager on the American Idol odds with their minds instead of their hearts.
American Idol odds provide a way for fans of the show to add extra excitement and entertainment to the program. Just like most NFL bettors are also big NFL fans, most people who bet on American Idol odds are big American Idol fans.
However, while an NFL bettor will have the opportunity to wager on numerous games each weekend that do not involve his favorite team, the American Idol odds essentially all involve each contestant.
For example, when wagering on the American Idol odds for the eventual winner one obviously must consider whether or not a favorite singer will be the winner. Similarly, when wagering on the American Idol odds for which contestant will be eliminated one obviously must consider whether or not a favorite singer is likely to be eliminated.
When analyzing such American Idol betting odds it can be very easy to convince oneself that a favorite singer has a better chance of winning the competition then he or she really does. In other words, bettors end up wagering on the American Idol odds based on what they wish to see happen instead of what is realistically most likely to happen.
Consequently, the bettors end up placing unwise wagers on the American Idol odds, sometimes based on the erroneous belief that a favorite singer will win the competition and sometimes based on the erroneous belief that a favorite singer will not be eliminated.
NFL bettors, for instance, can avoid this issue by simply avoiding wagering on games involving a favorite team. Because American Idol bettors do not have this luxury, the only solution is to become cognizant of one’s biases and opinions.
Only once one is aware of any preferences for certain singers that may influence an analysis of the American Idol odds, can one attempt to examine the American Idol betting odds while ignoring these biases. Many times, being able to ignore one’s biases and analyze the American Idol odds objectively can be the difference between placing a wise bet and placing an unwise bet.