Three popular Reality TV Shows with an Online Betting System
Before, placing a bet on a team or an individual player was only done in sports matches. However, today, it would seem that reality TV shows now have a place in the betting industry as well.
Betting on reality TV contests are very much like wagering on sports events. Contestants who are fan favourites have the highest odds but with small payouts, while the “dark horses” will always have the highest pot. Through online bookers, people can now place bets and make money by predicting who will place first by the end of the show. Here are three of the most popular TV shows with an online betting platform:
X-Factor is one of the most popular reality TV shows in the US and UK. As such, it is only rational that a betting system for it was made. This year’s X-Factor, former prison officer Sam Bailey was the fan favourite and the odds were in her favour. In a news report by Betfair‘s Jack Houghton, Luke Friend was her strongest opposition with Nicholas McDonald out of the lead. In the end, it was Sam who won the completion and became the X-Factor 2013 champion.
Last year, The Voice UK’s betting market was surprised when Leanne Mitchell bagged the first prize. Not a lot really expected Leanne to win, with the odds against her of only 7/1 during the final leg of the competition. Her toughest competitors during that time were Tyler James and Vince Kidd but due to her unexpected, spectacular performance, she was able to turn the tide and became The Voice’s champion last year.
Eurovision Song Contest
Eurovision is a huge contest in the UK region, being participated by the active member countries of the European Broadcasting Union. It is one of the longest-running shows in the world and one of the most watched non-sporting events. With viewers that range around 600 million internationally, it only makes sense that a betting platform was dedicated to it. This year, Denmark became the favourite of betting fans, followed by Norway, which came through second in the finals.
Ultimately, the online betting business on music programs will keep getting bigger in the future for two reasons. First, it offers an alternative to sports betting where people can not only enjoy TV shows as is but also make a little money from them. In addition, it also does well to the TV programs by advertising them freely online through news articles and betting results.