The 2010 Grammy Awards are set for Sunday at the Staples Center in Los Angeles (8 pm PT/ET, CBS), and betED.com has Prop Betting Odds for all the major categories.

Beyonce leads all nominees with 10 nods, including Record of the year and Song of the Year, followed by Taylor Swift with eight and the Black Eyed Peas, Kanye West,  and Maxwell with six apiece.

The 52^nd Grammys will be hosted by Lady Gaga and will include performances by many of the leading nominees, as well as Green Day, Bon Jovi, Jennifer Hudson, Carrie Underwood, Usher and Celine Dion. As well, Lady Gaga will perform a duet with Elton John.

Swift is favored to win Record of the Year for You Belong With Me, at +160 odds in Grammy Awards Odds at betED.com. She is followed closely by Beyonce for Halo, at +190.

Use Somebody by Kings of Leon is at +325, followed by Lady Gaga’s Poker Face at +350 and I Gotta Feelin by the Black Eyed Peas at +450.

You Belong With Me is also favored to win the Grammy Award for Song of the Year, at +170, followed by Beyonce’s Single Ladies and Lady Gag’s Poker Face at +225, Use Somebody (+300) and Pretty Wings by Maxwell (+900).

Use Somebody is also the overwhelming favorite to win Best Rock Song at -300.

Keri Hilson and MGMT are the favorites to win Best New Artists, at +160.

Check out betED.com for a full list of Grammy Award Betting, and other great props.

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