The third-annual World MMA Awards go down Wednesday in Las Vegas. Our sister site Bloody Elbow has gathered the event's odds. Yes, there are odds on the winners. You can check how the bookmakers have handicapped the event at BE. Here's my picks for the show's major awards. Of course, as 2010 comes to a close, MMA For Real will have full year-end coverage.

UFC.com has more information on the event, including all the categories.

Here are the major categories with my picks in bold. Lots of tough decisions here and this was an extremely good year for mixed martial arts!

CHARLES "MASK" LEWIS FIGHTER OF THE YEAR
• Anderson Silva
• Brock Lesnar
• Frankie Edgar
• Jose Aldo
• Mauricio "Shogun" Rua

FIGHT OF THE YEAR
• Anderson Silva vs. Chael Sonnen at UFC 117
• Brock Lesnar vs. Shane Carwin at UFC 116
• Leonard Garcia vs. Chan Sung Jung at WEC 48
• Chris Leben vs. Yoshihiro Akiyama at UFC 116
• Jorge Santiago vs. Kazuo Misaki at Sengoku 14

Check out the rest of my picks after the jump!

KO OF THE YEAR
• Anthony Njokuani vs. Chris Horodecki at WEC 45
• Cain Velasquez vs. Antonio Rodrigo Nogueira at UFC 110
• Mauricio "Shogun" Rua vs. Lyoto Machida at UFC 113
• Mike Russow vs. Todd Duffee at UFC 114
• Rich Franklin vs. Chuck Liddell at UFC 115

SUBMISSION OF THE YEAR
• Matt Hughes vs. Ricardo Almeida at UFC 117
• Chris Leben vs. Yoshihiro Akiyama at UFC 116
• Cole Miller vs. Dan Lauzon at UFC 108
• Anderson Silva vs. Chael Sonnen at UFC 117
• Fabricio Werdum vs. Fedor Emelianenko at "Strikeforce: Fedor vs. Werdum"

BEST PROMOTION
• Bellator
• DREAM
• Strikeforce
• UFC
• WEC

LEADING MAN OF THE YEAR
• Bjorn Rebney, Bellator founder and CEO
• Dana White, UFC president
• Joe Silva, UFC VP of talent relations
• Michael Schiavello, HDNet broadcaster
• Scott Coker, Strikeforce founder and CEO

INTERNATIONAL FIGHTER OF THE YEAR
• Alistair Overeem
• Dan Hardy
• George Sotiropoulos
• John Hathaway
• Shinya Aoki

BREAKTHROUGH FIGHTER OF THE YEAR
• Charles Oliveira
• Evan Dunham
• George Sotiropoulos
• John Hathaway
• Jon Jones

FEMALE FIGHTER OF THE YEAR
• Cristiane "Cyborg" Santos
• Megumi "Mega Megu" Fujii
• Miesha Tate
• Sarah Kaufman
• Zoila Frausto