Mr Smith reads that First Minister Alex Salmond MSP is up against his party counterparts Nicola Sturgeon and John Swinney in the race to be this year's Scottish Politician of the Year.
We know that Mr Salmond himself famously likes a flutter, indeed he himself is a tipster, but Mr Smith suspects that our Alex would be hard pushed to find any bookie willing to bet against him winning the title given the SNP's success in winning May's elections and Mr Salmond's stellar performance since, by comparison with the previous incumbent Jack McConnell.
He will just have to console himself with winning the title on the night and not being able to profit from his victory more directly in his wallet.
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