Miss Universe is breaking new ground at this year's pageant with the first transgender contestant to ever compete for the crown, and those betting on the competition are declaring her a heavy favorite.

Angela Ponce won her qualifying rounds in Spain and will represent her country at the 2018 Miss Universe pageant in Bangkok, Thailand.

Ponce, who hails from Seville, was the first transgender woman to be crowned Miss Universe Spain and is competing to promote gender diversity and equality.

As the competition nears, online bookies are taking action, and Ponce has grown to become the clear favorite with current odds of +600.

The folks at MyBookie.ag compiled their list of where all the countries currently stand. To put it in perspective, the Miss USA Sarah Rose Summers has odds of +2,000 if she wins the whole competition.

If you're not interested in betting on the ladies, MyBookie is also taking action on whether or not host Steve Harvey will announce the wrong winner again, and whether a contestant will fall. Bettors are putting big money on Harvey screwing up.

However, if you're looking for the big payday, you may want to put your money on Miss Mauritius, a small island in the Indian Ocean. Urvashee Gooriah currently pays out at +20,000 if she wins.

The pageant airs December 16 at 7:00 PM. Good luck to all the competitors gamblers!



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