This month is kind of a dead area in terms of betting. The Super Bowl is over and March Madness isn't for a few more weeks. But rest assured. You can bet on "American Idol."

Odds on who will come out on top have just been released and Gambling911 will be following the phenomenon all year.

Favored to win is Danny Gokey. The 28-year old Milwaukee, Wisconsin singer and church music director had early odds of +300 for a payout potential of $300 on every $100 bet or $30 on every $10 bet at Like many of the American Idol contestants from years past, Gokey has a sad story coming into the show. His wife passed away following heart complications just four weeks prior to his auditioning for the show. She had encouraged Danny to take part in the American Idol competition.

Matt Giraud is another of American Idol contestants with single digit odds (+500 pays $500 for every $100 bet). The 23-year old pianist from Kalamazoo, Michigan, auditioned in Louisville, Kentucky. His group version of "I Want You Back" and "Georgia on My Mind" made him an instant judge favorite.

Adam Lambert also had +500 odds for a future payout potential of $500 on every $100 bet. This 27-year old from Los Angeles won over judges with his version of "Some Kind of Wonderful" and "Believe".