Kendra Wilkinson and Louis van Amstel
04/04/2011 at 06:00 PM EDT
Holly Madison's stint
on Dancing with the Stars
may have been short-lived, but she thinks her former Girls Next Door
costar, Kendra Wilkinson
, could go all the way to win the competition's coveted disco-ball trophy.
"She absolutely has a chance at winning," Madison 32, recently told PEOPLE. "She's a natural athlete and she's really competitive and she has a fan following, so I think she'll do really well and certainly better than I did."
Still, Madison says that no matter how Wilkinson fares, she should just enjoy herself.
"It's so much fun," Madison, 32, says about participating on the hit ABC show. "As soon as I heard Kendra was going to be on this season, I texted her and said, 'Try your hardest, but don't even worry about being competitive or how long you stay on the show.' "
The Las Vegas Peepshow dancer, who sat with Wilkinson's brother and hubby Hank Baskett during a recent DWTS
taping, so far is impressed with Wilkinson's footwork on the dance floor.
Madison, who encourages the show's competitors to "have a blast," says her main advice is to live in the moment.
"You never know when you're going to go. It could happen for any reason," says Madison. "So just enjoy it from week to week."