Bodog.com is offering wagers on the outcome of the Jacko trial and you can also bet on whether Michael will switch lawyers again during the trial. As of this writing, the odds were basically even money. If the site pays 1:1, and people place bets fairly soon, then Bodog will likely end up holding onto those wagers for quite a while. Celebrity trials aren’t exactly known for their brevity. This thing could drag on for ages.

Now, I’m no sportsbook expert, but this must be how Bodog plans to make money on these kinds of wagers.