Over 500,000,000 votes received. Staggering to say the least. PinnacleSports.com accepted wagers on this event up until the final announcement of Carrie Underwood becoming the next American Idol.
Odds on American Idol fluctuated throughout the day until a huge climax where Bo Bice went from a -160 favorite an hour before the final show aired to a -220 favorite just minutes before Carrie Underwood was announced as the winner. Carrie Underwood during the final minutes paid out $212 for every $100 wagered.
Underwood had been the favorite throughout the season until last week when Bo Bice catapulted ahead with a brilliant performance and the odds were not impacted after this week's final performances despite judge Simon Cowell declaring Carrie Underwood had the best shot.
PinnacleSports.com was one of the only online gambling companies that continued to accept wagers on the American Idol competition throughout the day Wednesday.
Although PinnacleSports.com does not disclose wagering volume, a spokesperson for the company told Sports911.com this was by far their biggest entertainment wagering event offered in the history of the company.
One of the largest online betting companies, Bodog.com had accepted a quarter of a million dollars on American Idol by noon on Tuesday.