Bookies Agree With Your Grandmother: Adam Lambert Will Win Idol

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If you bet on Adam Lambert, you’ll lose money. Which is actually a gambler’s way of saying the gay screamer is the easy favorite to win American Idol. Bet $1 on him, you’re likely to get only 80 cents back.

Because all reality show decisions are made by bookies, Lambert’s pegged as the shoe-in champ. Then again, this story is being pushed by the New York Post, which reports to parent company News Corp., which also broadcasts a little show called Idol. Playing favorites?

Oddsmakers from Latin American to London for the first time this week have made the show-stopping crooner such a prohibitive favorite to win this year’s “Idol” that a $1 bet on him will pay only 80 cents.

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The talent show has seen some heavy favorites in the past but nothing quite like Lambert — who is running away from the field with seven other performers still in the running.

Lambert has been out of the top spot only once so far in competition — when he stumbled during country music week — and briefly gave the betting lead to Danny Gokey.