Betting lines are always good indicators of what will happen in any competition. On Tuesday, we reported that Miss Philippines Ariella Arida is the top favourite among the ladies competing in the pageant to be held at the Crocus City Hall in Moscow, Russia on Nov 9, 2013.

Roughly a week before the competition, Miss Arida’s payout odds has decreased which could mean a few things in sports entertainment betting. Miss Philippines is now priced at an even 3.0 at bet365.com, a decrease from the initial line (4.5) set five days ago.

Other noteworthy line movements in the Odds to Win Miss Universe 2013 include Miss USA Erin Brady, who is now priced at 6.5 from the initial 8.5; and Miss Spain Patricia Yurena Rodriguez at 6.5 from 12.0—clearly the highest jump in the six-day span!

Others who’ve crashed out of the top ten are Miss Colombia Lucia Aldana (17.0) and Miss Ukraine Orga Storozhenko (17.0) and are replaced by Miss Venezuela Gabriela Isler and Miss Poland Paulina Krupinska, who are now both priced at 13.0.

These line movements could mean that the money, or actual bets, are starting to pour in for Miss Philippines, Miss USA and Miss Spain.

Top 10 Favourites to Win the 2013 Miss Universe title (Nov 3)
Miss Philippines 3.0
Miss Spain 6.5
Miss USA 6.5
Miss France 11.0
Miss Panama 12.0
Miss Venezuela 13.0
Miss Poland 13.0
Miss Russia 13.0
Miss India 15.0
Miss Australia 15.0

Top 10 Favourites to Win the 2013 Miss Universe title (Oct 29)
Miss Philippines 4.5
Miss USA 8.5
Miss Spain 12.00
Miss Panama 12.00
Miss India 15.00
Miss Australia 15.00
Miss France 17.00
Miss Russia 17.00
Miss Colombia 17.00
Miss Ukraine 17.00

For those who are unfamiliar with the betting parlance, below is the explanation how the number works in betting and betting payouts:

The simple formula is X (Amount of Bet) times Odds (3,0, 6.5, etc) = Payout.

If a bettor placed a bet $100 on Miss Arida to win the Miss Universe title today then the bettor gets a payout of $300. A bet of $100 on Miss Brady or Miss Rodriguez will net the bettor of $650!

Betting odds vary from one sportsbook to another; all odds in this article were taken from the sportsbook bet365.com. These odds can also change as the day of the event nears.

The odds increases as the list moves from the “favourites” to the “underdogs”.

If bettors want to hit a real huge payout then Miss Universe fans might want to consider on betting on the deep underdogs; among them Miss New Zealand, Miss British Islands, Miss Haiti, Miss Gabon and Miss Guam, all of whom are priced at 101.0—or a payout of $101,000 for every $100 bet if one of these beautiful ladies take the crown in Russia!

The last Miss Universe competition in 2012 saw Miss USA Olivia Culpo win the title and she was priced at 10-to-1 (10.0), beating the pre-competition favourite (6.0) Melinda Bam from South Africa.

In all competitions-- sports and/or entertainment-- nothing is set in stone, and we won’t know the winners until they are actually decided or announced. The betting lines serve as a very good guide, however, and it could earn some fans extra cash in the fight for the Miss Universe crown.