This Sunday, April 3rd the MGM Grand Garden Arena in Las Vegas will host the 64th Annual Grammy Awards. You can catch all the action on CBS or Paramount+.
Like other major award shows, the Grammys are a popular betting option at many online sportsbooks. Keep reading for more information on how you can win real money betting on the 2022 Grammys.
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History of the Grammys
Sunday’s Grammy Awards will be the first of the Big Three networks’ music awards in 2022. The Billboard Music Awards and the American Music Awards are scheduled for later this year. Despite being the first of the award shows, it is typically considered the most important.
It all started in 1959 with the first-ever Grammy Awards show. The awards are hosted by the Recording Academy and are designed to honor the outstanding achievements of the music industry. The Grammys are one of the four major American entertainment award shows. Along with the Grammys, there are the Academy Awards, Emmy Awards, and Tony Awards.
In total, there are almost 80 categories each year at the Grammy Awards. However, the main four categories are:
- Album of the Year
- Record of the Year
- Song of the Year
- Best New artist
Many of the other categories are genre-specific. Prior to 2012, there were over 100 categories. However, the Recording Academy has worked to consolidate the number of awards.
How to Pick a Grammys Betting Site
If you are planning on betting on the 2022 Grammys, having a great online sportsbook is a must. Even if you have a preferred online betting site, shopping for the best Grammys betting odds is a good idea. With that in mind, here are some tips to keep in mind when looking for a Grammys betting site.
Another quality to consider when choosing your Grammys’ betting site is the type of payout options. Finding a site with fast and easy banking options that fit your needs should be high on your list. After all, no one likes waiting to collect their winnings after the event is over.
If you are torn between Grammy betting sites, look at the customer reviews. Some reviews may be from disgruntled players that lost their bets, so take the reviews with a grain of salt. Also, consider sign-up bonuses that can help you increase your real money winnings. Picking a new betting site can be difficult. Luckily for you, all our recommended betting sites in the table above check all these boxes and more.
Tips for Betting on the Grammys
Once you have picked your Grammys betting site, the next step is placing your bets. If it is your first time betting on the Grammys, it can be hard to know who to wager on. But fear not, we have collected some Grammys betting tips just for you.
The Grammys have been heavily criticized in the past for their selection of candidates and award winners. While the Recording Academy’s process can be problematic, it can also be used to your advantage. For instance, “mature” rap and hip-hop albums do not typically win Album of the Year awards.
Another thing to keep in mind when picking your Grammys bets is the commercial success of the artist, song, or album. Typically, the Academy values commercial success more than critical acclaim. The popular mega-hit usually wins over the song praised by music critics.
Waiting to place your wagers on the Grammys can give you an advantage. That is because you can check which stars are expected to appear. If an artist is favored for an award and they are planning to show up, they will likely win it. Also, waiting will give you a chance to see who the experts pick.
Betting Odds for the 2022 Grammys
Now that the basics are out of the way, we can look at the betting odds for the 2022 Grammys. Each online sportsbook is going to have its own odds for the different Grammy categories. Also, the prop bets will vary greatly from one sportsbook to another. For our purposes, we will use betting odds provided by Bovada.
Album of the Year
According to Bovada, Album of the Year is a two-album race. Olivia Rodrigo’s Sour (-200) is the betting favorite. However, Happier Than Ever (+275) by Billie Eilish is not far behind. Both Albums are serious contenders for the award this year. However, Rodrigo appears poised to have a big night at the Grammys this year. Sour far and away outsold the other competitors in this category.
Best New Artist
Olivia Rodrigo (-1000) is the clear favorite for Best New Artist. Considering her album is the favorite for Album of the Year, it would be a shock if Rodrigo lost here. The closest nominee to Rodrigo on Bovada’s sportsbook is The Kid Laroi (+1000).
Outside of the top two, the odds fade significantly. Arlo Parks and the Glass Animals are tied for third-best odds at +2000. Rounding out the top five best odds are Finneas (+2500) and Saweetie (+2500). Arooj Aftab (+6500) has the longest odds of any of the ten nominees for Best New Artist.
Record of the Year
Olivia Rodrigo (-130) is once again the favorite here based on the current betting odds at Bovada. However, it is her smallest lead in any category. She is nominated for her record “drivers license”. The record with the second-best odds is “I Get a Kick Out of You” by Tony Bennett and Lady Gaga. Bennet and Gaga’s duet is listed at +175.
Billie Eilish’s “Happier Than Ever” (+375) rounds out the top three best betting odds. After Eilish, the betting odds fall off. The remaining seven nominees are all listed at 12-1 or worse. ABBA’s “I Still Have Faith in You” has the longest odds at +6500.
Song of the Year
A slightly different category, Song of the Year goes to the writer of the best single. However, many of the nominees are the same as Record of the Year. As a result, it is no surprise that Olivia Rodrigo’s “drivers license” (-225) is once again the favorite. With Bennett and Gaga not nominated, Eilish takes their place. Her song “Happier Than Ever” has the second-best odds at +300.
There are eight other singles nominated, but none of them are better than 12-1 odds. “Montero” by Lil Nas X and “Leave the Door Open” by Silk Sonic are tied for third at +1200. The song with the longest odds is “A Beautiful Noise” (+4500) by Alicia Keys and Brandi Carlile.
Best Country Album
Outside of the four main categories, the Grammys also give genre-specific awards. The large variety of categories gives bettors plenty of chances to wager on the Grammys. One such category is the Best Country Album. Bovada has Chris Stapleton’s Starting Over (-175) as a slight favorite for the award.
More 2022 Grammys Prop Bets
Some online betting sites will also offer prop bets on topics outside of the actual winners. This year, given the events at the Oscars, Bovada has a special prop bet about a presenter being slapped. The “no slap” option is a heavy favorite at 1000-1. However, the “yes slap” option is listed at +2500. A small bet could offer big returns if it pays out.
Conclusion
The 64th annual Grammy Awards are scheduled for this Sunday, April 3rd. If you are new to award shows betting, the Grammys offer a great chance to get in on the action. For more ways to earn real money from online betting, check out our other betting guides.
