The rocker puts the odds at about 50/50 – way up from a year or two ago

By Mark Gray
August 24, 2010 01:00 PM
Courtesy Kristi Gibson

Las Vegas doesn’t have official odds on whether Bret Michaels and Kristi Gibson will finally get engaged. But Michaels says it’s a better bet than ever.

The chances that he and his on-and-off girlfriend of 16 years will decide to marry are now about “50/50,” the rocker told PEOPLE on Monday in Vegas. That’s way up from the past few years – his VH1 Rock of Love days – when the odds were probably 1 in 100, he says.

“We’ve been talking a lot about getting engaged, and we’ll see what happens,” said Michaels, 47, who was in Sin City to co-host the 2010 Miss Universe Pageant. “We just want to make sure we’re not doing it for anyone other than ourselves.”

Michaels says he and Gibson, 39 – the mother of his two daughters, Raine, 10, and Jorja, 5 – grew closer than ever during his difficult recovery from a life-threatening brain hemorrhage this spring.

“Fate has a strange way of intervening in your life, and I think everything just kind of came together,” he says. “Hopefully we’ll get engaged. But if we don’t, we’ll still love and respect each other.”