American Idol Odds

Sanjaya's odds to win American Idol have improved on Intrade.com, rising to 9% currently, from less than 1% a month ago (see chart above - right scale for odds, click to enlarge). Melinda's odds hold steady at about 55% (see chart below), making her the clear favorite to win, based on actual trading in the "prediction market." Current volume is 8700 contracts for Melinda and more than 10,000 contracts for Sanjaya.