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Melbourne, Australia (Sportsbook Betting Lines) - The biggest match to this point at the 2012 Australian Open will occur Thursday (3:30 a.m. et) when former world No. 1s Rafael Nadal and Roger Federer lock horns in a semifinal showdown at Rod Laver Arena, as the two all-time greats will renew arguably the greatest rivalry in modern tennis. The 25-year-old Nadal and 30-year-old Federer will meet for a 27th time on the ATP World Tour, with the gritty Spaniard leading the all-time series, 17-9. Nadal is 7-2 in their Grand Slam matchups, including wins in their last four such encounters.
The second-seeded Nadal and No. 3 seed Federer are in the same half of the draw at a major for the first time since 2005. The two superstars have met in a men's record eight major finals, with Nadal going 6-2.
The Nadal-Federer winner will meet Friday's Novak Djokovic-Andy Murray victor in Sunday's lucrative final here. Djokovic, Nadal and Federer have combined to win seven of the last eight Aussie Open championships.
Melbourne, Australia (Sportsbook Betting Lines) - Victoria Azarenka ended Kim Clijsters' run at consecutive Australian Open titles Thursday, besting the four-time Grand Slam champion in a tense three-set semifinal battle. Azarenka, seeded third, reached her first major final by outlasting the defending champion, 6-4, 1-6, 6-3, in two hours, 12 minutes at Rod Laver Arena.
In doing so, she ended another memorable performance Down Under by Clijsters, who has stated she will retire after the Summer Olympics in London.
Clijsters, the 11th seed, quickly evened the match before falling behind 4-1 in the third. She held serve and trailed 40-0 in the next game before breaking to get back on serve.
In the quarterfinals, Clijsters fought off four match points against last year's Aussie runner-up Li Na before pulling out the three-set victory.
Azarenka will face the winner of the Petra Kvitova-Maria Sharapova match. The champion will become the new World No. 1, supplanting Clijsters' quarterfinal victim, Caroline Wozniacki.
Melbourne, Australia (Sportsbook Betting Lines) - Maria Sharapova and Victoria Azarenka will square off in the Australian Open final after they each survived tense three-set semifinal matches on Thursday. Azarenka, seeded third, ended Kim Clijsters' run at consecutive Australian Open titles by besting the four-time Grand Slam champion, 6-4, 1-6, 6-3, at Rod Laver Arena.
Kvitova beat Sharapova in straight sets to win her first Grand Slam last July, but trailed early against the three-time major titlist on Thursday.
Sharapova, seeded fourth, lost the second set, and was down 0-30 at 4-4 in the third before a replay reversal gave her new life. The Russian won the next four points to put the pressure back on the 21-year-old Kvitova, who could not hold serve thanks to several unforced errors in the final game.
The 22-year-old Azarenka became the first Belarusian woman to reach a Grand Slam final since Natasha Zvereva was runner-up at Roland Garros in 1988 when she was representing U.S.S.R.
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Academy Award Betting Odds for Best Picture Offer Great Value
If there is any category that is not an obvious win for any one nominee in this year's Academy Awards, it would be for Best Picture. Sure the Departed is a 5/7 favorite, but that's hardly anything when we look at Helen Mirren and her "out-of-reach" 1 to 40 odds (which means you would win a whopping $1 for every $40 bet).
For value, take a look at MySportsbook.com Oscars betting odds on my personal favorite, The Queen - a remarkable 12 to 1 long shot. The film hasn't won any pre-awards for Best Picture (compared to The Departed and Little Miss Sunshine), but there is a tremendous following and it is a strong enough film to warrant a surprise win.
TV Guide advises Oscar watchers should be cautioned not to discount the drama "Babel" with its strong social themes about overcoming communication gaps among people of different cultures.
"While 'Babel' lost several guild awards to 'Sunshine' and 'Departed,' it still enjoys loyal support, and historically Oscar voters favor dramas with social messages over comedies like 'Sunshine' and violent crime movies like 'Departed'."
"It hasn't done well in the guilds, which means there isn't much industry support," said Tom O'Neil of awards site TheEnvelope.com, "But several critics are expecting it to win, and that gets my attention." Babel had 7 to 2 odds at press time.
Who is to say independently produced Little Miss Sunshine won't be this year's Crash. Last year, Crash won for Best Motion Picture, shocking those who bet on gay cowboy flick, Brokeback Mountain, as the favorite to win.
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