WagerWeb posts odds on the 2007 Miss Universe Pageant.

Every year men tune into the Miss Universe beauty pageant to ogle the women during the swimsuit and evening-gown competitions. This year those same men can get a glimpse at some of the most beautiful women in the world, and also make some cash thanks to WagerWeb.com.

Known as one of the premier suppliers of great betting odds for sports and entertainment events, WagerWeb.com has bolstered their odds offerings once again by releasing odds on this year's Miss Universe Pageant.

This year's competition will be held on Monday, May 28, at the National Auditorium in Mexico City. Currently 77 candidates will be vying for the 2007 Miss Universe crown, which was won last year by Zuleyka Jerris Rivera Mendoza from Puerto Rico. Mendoza's reign will end on Monday night and the oddsmakers at WagerWeb have crunched the numbers and scoured the pictures to come up with come up with Miss Venezuela, Ly Jonaitis, as our 2007 Miss Universe favorite at +700.

Some of this year's celebrity judges that will be deciding who wears the crown include Dallas Cowboys QB Tony Romo, rock guitarist Dave Navarro, figure skater Michelle Kwan and Deal or No Deal briefcase model Lindsay Clubine. All of those judges are American, which could possibly give Miss America Rachel Smith an advantage. Also in Miss America's favor is the fact that Americans have taken home the title of Miss Universe a record seven times.

Here are our Top 10 favorites to have her name called out as the new Miss Universe, and a few long shots that could pay off big if they can wow the judges.

Bet on 2007 Miss Universe Pageant at Wagerweb.com!

The top 10 list for the 2007 Miss Universe Winner is:

The last 3 spots belong to:

Find 2007 Miss Universe Pageant odds at Wagerweb.com!