I’ve always been fascinated with gambling. They’ve actually done studies on compulsive gamblers and have found out that their brains are hard wired differently then the rest of the population. Historically, I’ve been pretty good at avoiding gambling, but if you stick me in front of a craps table I lose all control over the money in my wallet, for whatever reason I just can’t resist the dice. Gambling, like anything can become an obsession for some, but by and large most people seem to be able to handle the risks associated with it. What I find most interesting about gambling though is that people will find anything to bet on. The lastest crazy betting idea is that you can actually bet on what you think the #1 blog will be on Technorati by the end of the year. BetUs is hosting the contest and they are offering odds on most of the major blogs, but not surprisingly they don’t offer odds on technorati’s current #1 blog. As a blogger, I’m not exactly sure what my #1 pick would be, but in a world where MySpace can become a #1 site in less then 2 years or where Digg can rival the NY Times in terms of influence in less then a year, I think that this would be a hard contest to actually bet on. All it takes is for a popular blog to find the next Sony root kit or to have the right controversy and you can see traffic spike. I’m sure that BetUs has a way that they are spreading out their risk, but this is one contest that I wouldn’t even begin to know how to handicap.