Still, like in past years, the bookies are banking on a relative unknown to win the 2007 WSOP (like Jamie Gold last year). They realize that most of those customers betting on the World Series of Poker props will be putting their money on well known poker players like Phil Ivey, Johnny Chan and David Williams, and few people will bet more than $100 on one poker player out of a few thousand.

David Williams is listed with 4 to 1 odds of winning this year's World Series of Poker. That's a $40,000 payout.

"He's won big tournaments before," comments Gambling911.com Senior Editor, Payton O'Brien. "Because David Williams is entering the World Series of Poker believing he can win it, who is to say there are not some gamblers out there who believe he will win as well and are willing to place a nice bet on him?"

Gamblers can walk away with a lot of money through very nominal risk. For example, Sportsbook.com has posted 800 to 1 odds on Ben Afleck. That's an $80,000 on a $100 bet should Ben Affleck ultimately win the World Series of Poker. But who is gonna bet that one?

Phil Ivey is considered to be among the best poker players of our time. But with a few thousand others joining him at the tables, the odds are certainly against him, but who knows?