Simon Cowell has described the Rage Against The Machine Facebook campaign as ’stupid’, but it still presents a very live threat to Joe McElderry’s divine right to Christmas Number One.

The X Factor winner is usually a banker for Christmas No. 1, but Joe’s cover of the Miley Cyrus single ‘The Climb‘ only has a 50% chance of claiming the prestigious top spot. Betfred are best-priced at evens, about an event that would not normally be a betting opportunity.

The Rage Against The Machine single (Killing In The Name Of) has been all the rage in the betting, and is now the 4/5 favourite from an early show of 6/1 at the beginning of this month.

Paddy Power offer a generous 1/18 that RATM wins in the market without The Climb. Bet £18,000 to win £1,000, and your Christmas will be sorted.

In another popular festive market, William Hill and Ladbrokes have reported decent money for a White Christmas. Snow in London on the 25th is now a 9/4 possibility with Betfred and Stan James. Paddy Power won’t tempt any punters with 66/1 about Big Ben to stop working due to the frost!

Ricky Whittle is favourite to win this year’s Strictly Come Dancing, and can be backed at 8/11.

bookies.com compares specials markets online:

2009 Xmas Number One Betting Odds

Winner without X Factor Betting

Strictly Come Dancing Betting

White Christmas Betting