Oscars Betting – the Best Bookmakers for Oscars Bets
Academy Award markets are open and there is potential value to be had, but Oscars betting is nothing like traditional sports markets. Read on to find out the most profitable strategies to win big in these data-heavy betting markets.
With sports betting, bettors are accustomed to betting on markets with a massive amount of incomplete information in the form of the actual playing out of a game or match.
Best Oscars Betting Websites
Academy Award Betting Options
Some sportsbooks offer a wide range of wagers for the Oscars, while some limit the number to one or two. The following are among the most common:
Futures Winner – Some sites offer future bets on Oscar winners before the nominations are even announced. The odds are greater due to the level of uncertainty, but the potential payout is also higher.
Outright Winner – These odds are released after the nominees have been announced, and they allow bettors to predict the outright winners for various categories. Best Picture and Best Actor are always a given, but some sites may take wagers on Screenplay, Cinematography, and even Best Animated Feature.
Over/Under – If a film is nominated for multiple Oscars, expect an over/under to be available. In this style of wagering, the bettor must choose if the actual number of awards won will be higher or lower than the number listed by the oddsmaker.
Proposition Bets – Also known as “prop bets,” this type of wager can cover a wide range of subject matter. Examples might include the over/under on the length of the show, the brand of dress worn by a celebrity, or whether or not the host takes a selfie with someone during the broadcast. Some oddsmakers can get rather wild with this option.
Predicting Oscar Winners
Some Academy Award winners come out of nowhere, but the outcome can often be predicted with a bit of patience and research. The best place to start is with earlier awards shows such as the Golden Globes and SAG. If a film or performer is consistently successful in the run-up to the Oscars, then they’re a good bet to take home the little statuette.
Hollywood loves a good message movie, so keep this in mind when picking your Best Picture candidate. Look for movies about war, slavery, and the Holocaust, as the members of the Academy seem to have a perpetual soft spot for any film involving an “issue” or human suffering.
Actors and actresses are also in a good position to take home an Oscar when they get to do a lot of “acting.” I’m talking about scene-stealing performances with lots of shouting and other slightly melodramatic behavior. Anything by Daniel Day-Lewis is a good example, as is any role that deals with deformities, handicaps, or a handsome performer being made to look ugly (Charlize Theron in Monster, for example).
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