Washington Redskins Name Change Odds: Presidents, Generals, Lincolns Favored

With news breaking on Friday that the Washington Redskins finally intend to change their team name after years of resistance from owner Dan Snyder, the sportsbooks were quick to release odds on what the new name will be.

Presidents pays $30 for every $10 bet, Lincolns $40, Americans $50, Kings $50, Memorials $50, Capitols $60, Veterans $60, Jeffersons (highly unlikely) $70, Roosevelts $70, Monuments $80, Arlingtons $100 (all odds courtesy of BetOnline).

The team announced it had begun a “thorough review” of their nickname Friday, a significant step toward moving on from what experts and advocates call a “dictionary-defined racial slur.”

“In the last few weeks, we have had ongoing discussions with Dan, and we are supportive of this important step," Commissioner Roger Goodell said.

In a statement, the team said recent events around the U.S. and feedback from the community prompted the formal review.

“This process allows the team to take into account not only the proud tradition and history of the franchise but also input from our alumni, the organization, sponsors, the National Football League and the local community it is proud to represent on and off the field," Snyder said.

- Don Shapiro, Gambling911.com