Kanye West leads the Grammy tally with eight nominations while sobriety challenged Amy Winehouse is right behind him grabbing six nods for the 50th Annual Grammy Awards held Sunday in Hollywood from 8-11 p.m. televised by CBS with odds hung by Bodog.

While it doesn't look like soul-wreck Winehouse will be allowed a visa to travel across the pond to work/shoot-up/smoke crack/perform and help the Grammys Bring Back the Magic, maybe aged rockers like Bruce Springsteen and John Fogerty will? If not, eye-candy Carrie Underwood and Beyonce singing a historic trio with Tina Turner should help ease the transitions between awkward, non-union sentences. If this doesn't do it for you then perhaps an orchestra-backed Foo Fighters will get your iPod ripping.

If that doesn't do it for you, then perhaps a small wager on the Grammys will help ease the transition from the last game of the football year to full-time hoops awareness. If there is a popular culture event happening somewhere in the world, you can count on sports investment firm Bodog to offer a number on the outcome. If you are betting against this year's Grammy Awards odds please keep in mind that in accordance with house rules wagers placed after the result is public knowledge will be graded as No Action. You cannot parlay these propositions and the max bet limit is $50. Note that my picks for the 50th Annual Grammy Awards are in bold while the odds follow each nominee.

Which song will win the 50th Annual GRAMMY Award for Song of the Year?

The Best Song category awards achievement in songwriting. This is known as one of the marquee awards but it won't necessarily showcase the singer's writing talents (since the songs are usually written by someone else) except for Amy Winehouse in this case who actually wrote her own song. The nominees are "Before He Cheats," by Josh Kear and Chris Tompkins (performed by Carrie Underwood), "Hey There Delilah" by Tom Higgenson (performed by Plain White T's), "Like A Star" written and performed by Corinne Bailey Rae, "Rehab" written and performed by Winehouse, and "Umbrella" by Shawn Carter, Kuk Harrell, Terius "Dream" Nash, and Christopher Stewart (performed by Rihanna, featuring Jay-Z). While there is a lot to be said for Winehouse and the fact she did a wonderful job writing and singing "Rehab," it's hard to imagine the conservative Grammy voters overlooking her various habits and the company she keeps. Good thing for viewers that her polar opposite, Underwood, is performing and that is who I like to take home this Grammy.

Before He Cheats - Carrie Underwood - 1/3
Hey There Delilah - Plain White T's - 10/1
Like a Star - Corrine Bailey Rae - 25/1
Rehab - Amy Winehouse - 11/2
Umbrella - Rihanna featuring Jay-Z - 9/2

Which album will win the 50th Annual GRAMMY Award for Album of the Year?

Will this finally be the year we don't have to endure an endless rant by Kanye as to why he didn't win this award? "Graduation" won the 'Battle of Bling' on 9/11 and I imagine he won't stop there. Kanye is up against a monster 4-disk effort from Vince Gill and an oddly paired tribute by Herbie Hancock to Joni Mitchell, while the Foo Fighters somehow managed to slip into the Album of the Year category. This category should not to be confused with Record of the Year. It is awarded for excellence over the course of an entire album rather than just one song. For this reason I have to think that Graduation is the album to beat. It's the most complete album and has made a successful crossover from rap to mainstream charts and that won't be overlooked by the milque-toast Grammy voters.

Echoes, Silence, Patience & Grace - Foo Fighters - 16/1
These Days - Vince Gill - 16/1
River: The Joni Letters - Herbie Hancock - 14/1
Graduation - Kanye West - 1/2
Back To Black - Amy Winehouse - 7/4

Which record will win the 50th Annual GRAMMY Award for Record of the Year?

The first thing you should know that Record of the Year is different than it sounds. It isn't for a record, as in CD, but it is given for overall achievement on a single track. It seems like everything that Jay-Z touches these days becomes platinum and his work with the best set of legs in music since Tina Turner, Rihanna is no exception. While you won't make a lot on your money backing Umbrella it is perhaps one of the "hipper" songs on the list that comes without the baggage of say Winehouse; irony not withstanding. However, bet against Winehouse at your own risk. When the voters were voting, and "Rehab" was blaring out of restaurants on humid August nights everywhere, and the depths of her art-house life had not been exposed as they have now, they loved Amy. I think "Umbrella" was the oddsmaker's favorite for the reason I mentioned earlier; because "Umbrella" was done with Jay-Z. I think this Grammy should go to "Rehab" with Winehouse, but the appeal of being hip is too much for the voters who try to out-hip themselves as they give the Grammy to "Umbrella".

Irreplaceable - Beyoncé - 4/1
The Pretender - Foo Fighters - 10/1
Umbrella - Rihanna featuring Jay-Z - 10/11
What Goes Around...Comes Around - Justin Timberlake - 4/1
Rehab - Amy Winehouse - 4/1

Who will win the 50th Annual GRAMMY Award for Best Female Pop Vocal Performance?

This is an interesting category featuring Winehouse, with her six nominations, but right behind her is Feist with four nominations, including nomination for Best New Artist, which she will again compete against Winehouse. But after her live appearances have been soundly panned Winehouse's stock has definitely dropped. But in reality when it comes to best vocal performance you have to give the nod to Winehouse. She simply out-strips the competition when it comes to vocal prowess. While Aguilera managed to come up with an album last year she is most remembered by voters as being pregnant and her big cans. Fergie's got an outside shot at winning with her addicting "Big Girls Don't Cry," but the rest of that album is the stuff of the $1.99 CD discount bin. Winehouse's notoriety, unfortunately, eclipses an excellent all around album in "Say it Right" by Nelliy Furtado. Who, out of all the nominations, might actually have the best all around female vocal performance? I think Feist's shameless promotion on iPod will hurt her and the backlash will be she won't win and neither will Winehouse due to her all too public antics.

Candyman - Christina Aguilera - 8/1
1234 - Feist - 10/1
Big Girls Don't Cry - Fergie - 7/4
Say It Right - Nelly Furtado - 17/2
Rehab - Amy Winehouse - 5/6

Who will win the 50th Annual GRAMMY Award for Best Male Pop Vocal Performance?

Without looking, which one of the five nominees isn't really a musician? Hint: It is not the guy on a cruise ship imitating Borat. Last time Fab Paul McCartney was nominated age was served by youth and he got beaten by American Idol Superstar Carrie Underwood. This year Seal and Bublé might not give him too much competition, but youth should again be served. While John Mayer's "Belief" was perhaps a much better album, I don't think it resonated with the voters. Which leaves us with Justin Timberlake. It seems like just yesterday he was ripping off Janet Jackson's top at the Super Bowl and now he is the favorite to win this category. I am unsure what happened, but perhaps the voters are taking pity on him for time spent with Britney?

Everything - Michael Bublé - 8/1
Belief - John Mayer - 8/1
Dance Tonight - Paul McCartney - 8/1
Amazing - Seal - 8/1
What Goes Around...Comes Around - Justin Timberlake - 2/7

Which album will win the 50th Annual GRAMMY Award for Best Rock Album?

Last year the Red Hot Chili Peppers and Rick Rubin won the award for "Stadium Arcadium". This year the battle heats up between old rockers and new; eh, sort of. You can easily throw away the nostalgic Fogerty pick and the shout-out to American Idol's Daughtry, who by all measures has far exceeded where anyone would have thought his solo album would have taken him. If he can make as big a splash with his next album then we can start to take him seriously. However, this pick is primarily based upon the old-school Grammy handicapper's manual that basically dictates that you pick the oldest guy and give him the nod. Now, I am not sure if Bruce is older than Fogerty but they are both older than Wilco who is there as a "I'm just honored to be nominated." But considering how the Foo Fighters are the only band, apparently, from this decade, to be classified in this group I am backing the Foo Fighters to win the best Rock Album.

Daughtry - Daughtry - 5/2
Revival - John Fogerty - 20/1
Echoes, Silence, Patience and Grace - Foo Fighters - 2/5
Magic - Bruce Springsteen - 8/1
Sky Blue Sky - Wilco - 16/1

Which album will win the 50th Annual GRAMMY Award for Best R&B Album?

Sometimes what is most obvious is what is not there. For this category I thought "Umbrella" by Rihanna featuring Jay-Z was omitted. "Umbrella" was nominated for the major categories but conveniently left out of Best R&B Album? This just goes to show you how bad this genre of music is. Chaka Khan seems to be riding the coattails of the past while Tank and Musiq Soulchild are lucky to be listened to let alone nominated for a Grammy-which just feeds into my belief that people have no taste in music and will listen to anything. Nominee Jill Scott has the chops as a two time Grammy Award winner and brings her gold selling album "The Real Thing" to the table and, as bettors will find out, Sunday night will be the real thing that cashes their tickets on this proposition.

Funk This - Chaka khan - 5/1
Lost & Found - Ledisi - 12/1
Luvanmusiq - Musiq Soulchild - 6/1
The Real Thing - Jill Scott - 1/2
Sex, Love & Pain - Tank - 5/1

Which album will win the 50th Annual GRAMMY Award for Best Rap Album?

Last year favorite Ludacris won this award for "Release Therapy" behind the single "Money-Maker". Rarely is there an upset in this award and this year should be no different as the Chi-town rapper, Kanye West, is a virtual lock to win this Grammy and is a prohibitive favorite at 1/5. In fact with a limit of $50 on this proposition you'd be laying too much to win a measly sawbuck. But then I guess it all depends upon how degenerate you are.

Finding Forever - Common - 10/1
Kingdom Come - Jay-Z - 10/1
Hip Hop is Dead - Nas - 20/1
T.I. vs. T.I.P. - T.I. - 5/1
Graduation - Kanye West - 1/5

Which album will win the 50th Annual GRAMMY Award for Best Country Album?

Isn't there an unwritten rule in the Grammys that states if you're a country music singer and lose the Grammy for Best Album of the Year you automatically win in the category of Best Country Album? Well if you own more Grammys than any other country music singer then that certainly might be an unwritten rule. Last year Gill won his 18th Golden Gramophone and could add more to his collection. Since he won't win Best Album that means this category is his to lose. In case you aren't aware of how the Grammy voters work; when they find something they like they vote for it (and that doesn't necessarily mean listen to his four-CD effort). Maybe Gill will get his 20th next year but one out of two isn't bad.

"Long Trip Alone" - Dierks Bentley - 16/1
"These days" - Vince Gill - 2/7
"Let It Go" - Tim McGraw - 8/1
"5th Gear" - Brad Paisley - 6/1
"It Just Comes Natural" - George Strait - 6/1

Who will win the 50th Annual GRAMMY Award for Best New Artist?

This Grammy has been awarded every year since 1960. Remember the Starland Vocal Band? In 1977 they beat out Boston for this award so you never know who will win it a one-hit wonder or a legitimate music legend. Two of the five nominees for the Best New Artist Grammy were everywhere last year. Winehouse provided the paparazzi with almost as much material as Britney Spears. And you know Feist as the hot iPod chick in the commercials that ran ad nauseam. While Feist recently won the 2007 Shortlist Music Prixe for her album, "The Reminder," it might not have enough legs to beat Winehouse's "Rehab". The Shortlist Award goes to the artists who have yet to become marquee names. The question is will over-exposure and over-load cancel-out these "New Artists" and give way to the competition (Ledisi, Paramore, and Taylor Swift)? No, No, No.

Feist - 13/2
Amy Winehouse - 1/3
Paramore - 9/1
Ledisi - 12/1
Taylor Swift - 5/11