With the rise of online betting, you can find the odds on pretty much everything.
Therefore the odds, which are determined by bookies based on market demand or generated by bettors themselves, provide incredible insight into what is likely to happen in the future.
If you disagree, then bet on it.
We've looked at everything from Las Vegas odds to the Irish prediction market Intrade to see how the next few years will unfold.
Tiger Woods will win the 2012 PGA Championship
Odds: 13:2
Luke Donald and Lee Westwood are tied in second with 15:1.
Data from 2:15 PM on July 31st, 2012.
Helio Castroneves will win Dancing With The Stars
Odds: 9:2
Apolo Anton Ohno is viewed as second most likely (5:1), with Emmit Smith and Shawn Johnson tied in third (6:1).
Data from 2:20 PM on July 31st, 2012.
Rob Portman will be the Republican Vice Presidential nominee
Probability: Leads with 29.6%
Portman's chances have gone up from 24% on July 1st. Tim Pawlenty is seen as the second most likely (25.7%), with Marco Rubio in third (9%).
Data from 7 AM on July 31st, 2012.
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