The entertainment industry has been buzzing ever since the 2024 Gold Logie nominees were announced, and the winner may have already leaked.
According to TAB betting odds, there’s one frontrunner. At the time of writing, first-time Gold Logie nominee Larry Emdur has the best betting odds to take out the gong, with a return of $1.72.
What are the current betting odds for the 2024 Gold Logie winner?
Larry is in the lead with his return of $1.72, the lowest return of any contestants, meaning that the most amount of money has been bet on him to win.
Not far behind him sits both Robert Irwin and Tony Armstrong with equal odds of $4.50. Andy Lee sits in fourth place with a return of $9.00.
You can find all of the betting odds below:
- Larry Emdur – $1.72
- Robert Irwin – $4.50
- Tony Armstrong – $4.50
- Andy Lee – $9.00
- Asher Keddie – $17.00
- Julia Morris – $17.00
- Sonia Kruger – $21.00
How do betting odds work?
Betting odds are tied to dollar amounts, and those with lower odds are recognised as more likely to win, hence the lower return. For example, if someone bets $1 on Larry winning the Gold Logie and he does, they’d receive the amount that outcome is listed at, which is $1.72.
The return is based on how much someone bets, so if they bet $10.00 on the same thing, they’d receive $17.20. If they bet $100, they’d receive $172 and so on.
Are betting odds always right?
Not necessarily, however, they do give a good indication of who may win. Plus, in many past reality TV shows, they’ve correctly picked the winner.
For example, Brent Draper had the best betting odds to win MasterChef 2023, and he took out the title. Plus, betting odds suggested that Liz Parnov would win Survivor: Heros vs Villains, and she was, in fact, crowned the winner.
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