The death of Whitney Houston has overshadowed the 2012 Grammy Awards. Houston died in a hotel in Los Angeles, found dead in a hotel bathtub. The odds are posted:
Sun, Feb 12, 2012 EST
| Rot | Record of the Year | Moneyline |
| 1001 | Rolling In The Deep – Adele | -900 |
| 1002 | Holocene – Bon Iver | +1200 |
| 1003 | Grenade – Bruno Mars | +700 |
| 1004 | The Cave – Mumford & Sons | +650 |
| 1005 | Firework – Katy Perry | +1500 |
| Any Wagers after event becomes public knowledge will be No Action. | ||
| Rot | Album of the Year | Moneyline |
| 1006 | 21 – Adele | -1800 |
| 1007 | Wasting Light – Foo Fighters | +850 |
| 1008 | Born This Way – Lady Gaga | +1000 |
| 1009 | Doo-Wops & Hooligans – Bruno Mars | +700 |
| 1010 | Loud – Rihanna | +2500 |
| Any Wagers after event becomes public knowledge will be No Action. | ||
| Rot | Song of the Year | Moneyline |
| 1011 | All Of The Lights – Kanye West,Rihanna,Cudi,Fergie | +300 |
| 1012 | The Cave – Mumford & Sons | +900 |
| 1013 | Grenade – Bruno Mars | +2000 |
| 1014 | Holocene – Bon Iver | +2200 |
| 1015 | Rolling In The Deep – Adele | -800 |
| Any Wagers after event becomes public knowledge will be No Action. | ||
| Rot | Best New Artist | Moneyline |
| 1016 | The Band Perry | +300 |
| 1017 | Bon Iver | +250 |
| 1018 | J. Cole | +600 |
| 1019 | Nicki Minaj | -300 |
| 1020 | Skrillex | +1500 |