Update:/b> We first posted betting odds for the 59th Annual Grammy Awards on January 24.
Here we are on February 11 — one day removed from the ceremony — and oddsmakers continue to favor the same artists.
Beyonce’s “Lemonade” remains the favorite to win Album Of The Year, while Adele’s “Hello” still ranks as the favorite for Record and Song Of The Year. While some pundits have begun predicting The Chainsmokers for Best New Artist, Chance The Rapper remains the favorite on the betting front.
In recent years, betting odds have represented decent — but not perfect — indicators of the final outcomes. The oddsmakers correctly predicted three of the “Big Four” races in 2016, 2015, 2014, 2013 and 2012.
As of press time at 12:40PM ET on 2/11, here are Bovada’s lines for the key 2017 Grammy races:
Reading Betting Odds: Negative number = how much you have to bet to win $100 | Positive number = how much you win if you bet $100
Album Of The Year
Beyonce – Lemonade: -175
Adele – 25: +160
Justin Bieber – Purpose: +1000
Sturgill Simpson – A Sailor’s Guide To Earth: +1000
Drake – Views: +1800
Record Of The Year
Adele – Hello: -300
Beyonce – Formation: +225
Rihanna – Work: +1000
Lukas Graham – 7 Years: +1600
Twenty One Pilots – Stressed Out: +2000
Song Of The Year
Adele – Hello: -750
Beyonce – Formation: +500
Justin Bieber – Love Yourself: +1200
Lukas Graham – 7 Years: +1400
Mike Posner – I Took A Pill In Ibiza: +1600
Best New Artist
Chance The Rapper: -275
The Chainsmokers: +240
Maren Morris: +700
Anderson .Paak: +1800
Kelsea Ballerini: +1800
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Over the past several months, music industry analysts have speculated this year’s key Grammy Awards races would come down to Adele and Beyonce.
That line of thinking is also driving the current betting odds. Oddsmakers and gambling experts believe Adele and Beyonce will collectively win three of the “Big Four” awards.
Current odds have Beyonce’s “Lemonade” taking home the Album Of The Year trophy; Adele’s “25” is considered second-most likely to win.
Adele’s “Hello,” meanwhile, represents the favorite in the Record and Song Of The Year categories. Beyonce’s “Formation” is second-most likely to win those trophies.
Chance The Rapper is pegged as the favorite to win Best New Artist, the one “Big Four” category for which neither Adele nor Beyonce is eligible. The Chainsmokers represent the #2 option in that category.
In recent years, the odds have been solid — but not perfect — in predicting the key races.
Oddsmakers correctly predicted 3/4 “Big Four” Races in 2016 (incorrectly favoring “Blank Space” over “Thinking Out Loud” for Song Of The Year). They also went three-for-four in 2015 (incorrectly favoring “Beyonce” over “Morning Phase” for Album Of The Year), 2014 (incorrectly favoring “The Heist” over “Random Access Memories” for Album Of The Year), 2013 (incorrectly favoring “We Are Young” over “Somebody That I Used To Know” for Record Of The Year) and 2012 (incorrectly favoring Nicki Minaj over Bon Iver for Best New Artist).
How will they fare last year? Here are their current guesses — we’ll provide an update as the February 12 ceremony draws closer:
Reading Betting Odds: Negative number = how much you have to bet to win $100 | Positive number = how much you win if you bet $100
Album Of The Year
(Paddy Power Odds)
Beyonce – Lemonade: -110
Adele – 25: +160
Justin Bieber – Purpose: +1000
Sturgill Simpson – A Sailor’s Guide To Earth: +1200
Drake – Views: +1400
(Sports Betting Experts)
Lemonade: -150
25: +250
Sailor’s Guide: +750
Views: +1200
Purpose: +1500
Record Of The Year
(Paddy Power Odds)
Adele – Hello: -162.5
Beyonce – Formation: +170
Rihanna – Work: +1000
Lukas Graham – 7 Years: +1400
Twenty One Pilots – Stressed Out: +2000
(Sports Betting Experts)
Hello: -250
Formation: +350
Stressed Out: +750
Work: +900
7 Years: +2100
Song Of The Year
(Paddy Power Odds)
Adele – Hello: -333
Beyonce – Formation: +400
Lukas Graham – 7 Years: +700
Justin Bieber – Love Yourself: +1400
Mike Posner – I Took A Pill In Ibiza: +2000
(Sports Betting Experts)
Hello: -250
Formation: +450
7 Years: +750
Love Yourself: +900
Ibiza: +1500
Best New Artist
(Paddy Power)
Chance The Rapper: -333
The Chainsmokers: +400
Maren Morris: +650
Anderson .Paak: +2000
Kelsea Ballerini: +2000
(Sports Betting Experts)
Chance: -250
Chainsmokers: +300
Maren Morris: +500
Anderson .Paak: +900
Kelsea Ballerini: +1250