Julie Jacobson/Associated Press

Although the actual event doesn’t start until May 27, oddsmakers are already putting their punditry to the test for the World Series of Poker.

Known popularly as prop bets, these different wagering methods allow for fans to be able to lay some money on the line on what will happen at the Rio All-Suite Hotel and Casino over the seven-week span of the WSOP. It also is a method to gauge just what the public thinks will be the outcome of the 2014 WSOP.

At Bovada.lv, there are already five different ways that players can bet on the WSOP and some of them are actually some good moneyline bets. No woman has made the final table since the 1995 event.

Considering that approximately three percent of the 6,352-player field was female last year, the odds are against it happening. With this in mind (and to draw some action), Bovada lays a 9-1 (a $100 bet will return $900) that it will happen, while offering a 1-20 ($2,000 wagered to win $100) against it happening.

An intriguing bet on the WSOP Championship Event at Bovada is the country of birth for the eventual victor. Bovada makes the United States nearly a 1-2 line (remember the breakdown above) and believes that the “rest of the world” will be the moneymaker with a nearly 3-2 line.

The age of the eventual WSOP Championship Event victor favors a winner of 27 or older. It’s also a 6-1 long shot that a former world champion will make the final table (it’s 1-12 that it won’t happen, as Dan Harrington was the last to do it in 2004). However, we were close last year with Carlos Mortensen finishing in 10th place.

What many bettors may be interested in is potentially laying a bet down on one of the players who will be participating in the 2014 WSOP Championship Event. At bwin.com, there is a list of players who have actually had a line laid on them for winning poker’s most prestigious tournament.

The favorite should come as no surprise. Phil Ivey, the winner of nine bracelets in his WSOP career, is the choice of the bwin oddsmakers at 150-1. When looking down the roster, however, there are some intriguing selections that can be made.

There is a litany of players who come in with 200-1 odds on their performance in the championship event. One of last year’s final table players, JC Tran, heads the list at 200-1, and he is joined by players such as Daniel Negreanu, Gavin Smith, Gus Hansen, Jason Mercier, Mike Matusow and Patrik Antonius.

For some reason, many past champions are getting much love at these odds, with Doyle Brunson (who almost didn’t play last year’s championship event but would eventually cash), Johnny Chan, Phil Hellmuth, Chris Ferguson (who didn’t play any events in 2013 due to the ongoing controversy over his involvement with Full Tilt Poker) and defending champion Ryan Riess on that short list.

2012 world champion Greg Merson heads up the list of players who are getting 250-1 odds on winning in 2014, along with last year’s runner-up and third-place finisher—Jay Farber and Amir Lehavot, respectively—Tom Dwan, John Juanda, 2006 championship event finalist Allen Cunningham and Barry Greenstein.

At bwin.com, players can also request to have odds drawn on any player that isn’t currently listed (there are only 125 players listed at this time).

As the next six to eight weeks play out, the online betting sites (and the casinos in Las Vegas) will be more extravagant with their prop bets. By the time the actual WSOP Championship Event begins on July 5, expect that there will be more intriguing betting options on the table.

Earl Burton of PokerNewsDaily.com contributed to this article.