Entertainment Odds: 60th Annual Grammy Awards. The Grammy Awards are usually held every February in Los Angeles, but not this year: Because of the Winter Olympics, they’ll be handing out the music industry’s top awards this Sunday (7:30 PM ET, CBS) at Madison Square Garden in New York. While Jay-Z leads the way with eight nominations, Kendrick Lamar (seven nominations) is the –275 favorite to win Album of the Year for DAMN., well ahead of Jay-Z at +1200 for 4:44.

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Both Jay-Z and Lamar will be taking a backseat to Alessia Cara. The breakout singer/songwriter from Brampton, Ontario is a –200 favorite to win Best New Artist; she also features in the smash hit by Logic, 1-800-273-8255, which is priced at –225 at Bovada to win Song of the Year. The phone number in the title is the National Suicide Prevention Lifeline.

There’s no question that Despatico by Luis Fonsi & Daddy Yankee (f. Justin Bieber) was the smash hit of the summer, setting YouTube records with 4.7 billion views and counting. Despatico is –300 to win Record of the Year and +200 to win Song of the Year; the latter award goes to the composer, while the former goes to the performer and production team.

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