Even/Odd statement in Switchee and IfElse

gistfile1.txt

<h2>IfElse</h2>
{exp:channel:entries channel="blog" dynamic="no"}
  {exp:ifelse parse="inward"}
		{if "{switch='odd|even'}" == "odd"}
			<b>{title}</b><br />
		{if:else}
			{title}<br />
		{/if}
	{/exp:ifelse}
{/exp:channel:entries}

<h2>Switchee</h2>
{exp:channel:entries channel="blog" dynamic="no"}
	{exp:switchee variable="{switch='odd|even'}" parse="inward"}
		{case value="odd"}
			<b>{title}</b><br />
		{/case}
		{case value="even"}
			{title}<br />
		{/case}
	{/exp:switchee}
{/exp:channel:entries}