Novelty Betting has the X Factor

You just need to take a look at the incredible betting markets that are offered at sports betting sites across the board to understand just how big novelty betting markets have become. Wagering on sports has always been a great pastime and has evolved into a billion dollar global industry; however betting on current events and popular TV shows is picking up pace and wagering on shows such as the current X Factors (both UK and US versions) has become something of an international obsession.

X Factor US saw an incredibly dramatic week, with crowd favorite, Rachel Crow collapsing on the stage when she was voted off, after judge Nicole Scherzinger put the decision to the public regarding the future of the 13 year old's future on the show.  The Pussycat Doll singer is now facing death threats and has told people close to her that she won't be back as a judge next season as she "can't take do this anymore".  Hours after Crow was voted off, Scherzinger was seen sobbing uncontrollably backstage. Novelty betting just doesn't get more dramatic than that!

Plenty of X Factor Betting Odds on Offer

There are now four incredibly talented singers left standing in the X Factor US competition - Melanie Amaro, Josh Krajcik, Chris Rene and Marcus Canty and many sites are offering X Factor betting odds on their chances of winning the competition.  Amaro continues to head the favorites list with odds of 4/6, followed by the lion-man, Krajcik (6/4), Rene at 9/1 and Marcus Canty - who has appeared several times in the bottom two and who grabbed Crow's chances of getting further in the competition - with odds of 33/1.

But it's not just the US X Factor which has drawn the crowds to the online betting sites.  The UK version of the show saw thousands drawn to their favorite online gambling sites in the hope of backing their top singers and winning some cash in the process.

It's not only entertainment that novelty betting sites offer odds on.  Punters can find a wide range of options, from Number 1 Christmas hits to the date when alien life will be proven (5/2 on 2020 or later!).