The Oscar odds are usually pretty great every year, often being the best form of special or novelty betting on many online sportsbook sites. In this article about Oscars betting, we will be covering the following topics:
- Where can you bet on the Oscars?
- Which operator has the best Academy Awards odds?
- How do you place an Oscars bet?
The Best Oscars Betting Sites
Generally speaking, online betting on the Oscars can be done in various ways on various platforms. If they don’t already, most online bookmakers will have some form of Oscars betting options available nearer the event. Many online bookies will only offer a few betting options, such as the classic Best Picture nominations/winners and Best Actor/Actress category. However, the best online betting sites offer a great range of Oscars betting options, including wider betting markets and better odds.
Some best Oscars betting sites include Paddy Power, Bwin, William Hill, and Betfair. These sites are legitimate and safe to use while consistently having the best odds on the market.
Across the board, the Oscars betting odds are generally considered relatively good and reasonably varied. Any right online bookie will ensure that their odds are continuously updated and monitored closely for fairness. You can usually trust the leading operators (like those we have recommended) to give the best and fairest odds on the Oscars betting market.
The Oscars is an incredibly unique event as it usually has two separate stages of betting every year: the nomination stage and the winning stage. Initially, a few months before the event, bettors can place bets on the Oscars nominations, meaning who will be nominated for an award in the various categories. After the event, bettors can bet on their predictions for who will win each category. The Oscar nomination odds and the Oscar-winning odds are consistently some of the best betting odds on the market every year.
When the Oscars roll around yearly, online bookies advertise their websites more frequently. With this new advertisement line usually comes quite a few promotional offers that both existing players and new customers can take full advantage of. Free bets, no deposit bonuses, matched deposit bonuses, and more are often given to bettors around the Oscars’ time to attract bettors to play at one particular platform. You can usually claim these offers by going to the “Promotions” page on the website of your choice and selecting the offer you wish to claim. Commonly, operators will only ask you to register with the site and place your first deposit to claim the deal.
Special Oscar Betting Options
While it may be true that practically every online bookmaker will have some form of Academy Awards betting options available, that does not mean they have a wide variety of betting options. Many online sportsbooks only feature the most popular Oscars betting options, such as the Best Picture category and the Best Actor/Actress category. The best online operators have a slightly more powerful Oscar betting system, bringing you the latest Oscar predictions on a range of categories like Supporting Actor/Actress, Best Director, Best Cinematography, and more.
Perhaps the most popular betting option revolving around the Oscars event is the Best Picture category predictions. It is where bettors can predict who will win the prestigious title of Best Picture of the Year. This category seeks out the best of the best, having previous winners of the title like Parasite, 12 Years A Slave, and The King’s Speech. The Oscar Best Picture odds are usually some of the best in this betting market, as they are simply the most popular. Predicting the best movie of the year is surprisingly tricky, making the betting experience much more thrilling.
This year, 3 movies look set to take the top spot. Belfast, West Side Story, and The Power of the Dog are all hot contenders for the best picture title.
Best Actor and Actress
Another general category to bet on is the Best Actor and Best Actress categories. It is where bettors try to predict who will win the Best Actor and Best Actress titles. Previous winners of the Actor award include Gary Oldman, Colin Firth, and Joaquin Phoenix, to prior winners of the Actress award include Olivia Coleman, Frances McDormand, and Emma Stone. The Oscar Best Actor odds and the Oscar Best Actress odds are consistently found to be some of the best in this betting market alongside the Best Picture odds.
It was down to two actors leading up – Austin Butler and Brendan Fraser for the 2023 Best Actor award according to the odds. Overall, the Critics’ Choice Awards gave Best Actor to Fraser for his role in The Whale, and he had better odds of winning.
As for the best actress – there were 2 primary contenders this year. Michelle Yeoh was tipped to take the gong for Everything Everywhere All at Once, in which she played an aging Chinese immigrant is swept up in an insane adventure, while Cate Blanchett was rumoured to be a top choice for her role in Tár.
Best Supporting Actor and Actress
A slightly less bet on category is the Best Supporting Actor and Actress category. Here bettors are allowed to bet on who they think will take home the Oscar for their supporting role in a film. For Best Supporting Actor, some previous winners have been Brad Pitt, J.K. Simmons, and Christoph Waltz. For Best Supporting Actress, previous winners have included Laura Dern, Viola Davis, and Anne Hathaway. The Best Supporting Actor odds and the Best Supporting Actress odds tend to be quite useful as these categories are still reasonably popular betting options. However, finding these betting options may take a little more effort as some sites may not have them featured on their platform.
Those bookies who offered this market last time favored Ke Huy Quan for the Best Supporting Actor for his role in Everything Everywhere All at Once, and he was the winner. At the same time, Jamie Lee Curtis was set to take the Best Supporting Actress award for her part in the same movie, and she won!
Often considered one of the prestigious awards in Hollywood, the Best Director category in the Oscars event is usually one of the more featured Academy Award betting options on many online sportsbook websites. The Oscars Best Director odds are generally fairly accurate and precise, often giving you a clear indication of who is likely to take home the Oscar. It makes it more likely for you to place a successful bet, but it can mean that your potential returns are not that high.
Daniel Kwan and Daniel Scheinert scooped this award for Everything Everywhere All at Once.
Best of the Rest
As previously mentioned, many of the best betting sites currently around will give you plenty of additional Oscars betting options to choose from and not just the typical bet on categories. The best operators will include more categories, such as Best Cinematography, Best Documentary, and Best Animated Feature. These betting options tend to have some more exciting odds as they are less frequently bet on, meaning that your potential return may be higher than if you were to place a bet on a more popular category.
How to Bet on the Oscars
Placing an Oscar bet is simple. All you need to do is head to your chosen betting website or app and click on the button labelled “Sports Betting.” From here, you should see a small box called “Featured” or something similar. Just before the event, the Oscars can usually be found here. If they are not in the featured section, head to the A-Z list of sports and click on the tab labelled “TV & Specials,” or something along those lines. The Academy Awards betting odds should be located here. To place a bet, choose the fixture you want, enter an amount, view your potential returns, and finalize the stake if you are ready.
Oscars Betting Tips and Predictions
A betting tip is when a third-party source, such as a betting news outlet or independent reporter, claims to have more knowledge on the betting subject than the bookmaker and predicts an alternative outcome to what the bookmaker is currently expecting. For example, if Variety reported that Tom Hanks was likely to win Best Actor, but Paddy Power had his chances of winning low, you could win a high return as the odds would be more in your favour. Pay close attention to these tips and predictions provided by experts.
Oscars Betting Strategies
As with all types of betting, play the odds effectively. The Oscars odds market has been seen to fluctuate quite a bit, suddenly changing who the predicted category winner may be in the last week before the event. That is why you need to understand the betting market in general and play the odds effectively, meaning that you know when you should finalise your bet to maximize your potential returns.
An Overview of Oscars Betting
The Oscars betting scene can be complicated, especially if you do not have prior knowledge of the event. The categories can be numerous, and the odds can be confusing to wrap your head around. But, on the whole, betting on the Oscars can be an extremely enjoyable experience. The passage below aims to summarise a few of the points discussed within this report:
- Some of the previous Best Picture winners include Everything Everywhere All at Once, The Hurt Locker, 12 Years A Slave, Birdman, Argo, and Moonlight.
- Some of the previous Best Actor winners include Brendan Fraser, Jeff Bridges, Sean Penn, Eddie Redmayne, and Casey Affleck.
- Some of the previous Best Actress winners include Michelle Yeoh, Cate Blanchett, Jennifer Lawrence, Kate Winslett, and Natalie Portman.
- Some of the previous Best Director winners include Damien Chazelle, Bong Joon-Ho, Ang Lee, and Alfonso Cuaron.
- The Oscar is no stranger to huge Hollywood names, having stars like Neil Patrick Harris, Seth MacFarlane, and Billy Crystal host previous events.
- Some of the best Oscars bookies include William Hill, Paddy Power, Bwin, and Betfair.
In summary, the Oscar betting odds for this next annual event are sure to be just as great as the last few years, if not better. Placing an Oscar bet has never been easier and potentially more rewarding. If you are ready to browse the available Oscar betting options, head to one of our recommended betting sites today.
Frequently Asked Questions
Where can I bet on the Oscars online?
As we draw closer to the Oscars, practically every online sportsbook will have at least some form of Oscars betting options available. However, only the best bookmakers will have many Oscar betting options available and good odds. Some of the best Oscars betting sites include Betfair, Bwin, Ladbrokes, William Hill, and Paddy Power.
Where is betting on the Oscars legal?
The betting options surrounding the Oscars tend to be plentiful. If you are looking to bet on the Oscars legally, you will need to ensure that you are situated in a region or country that allows online betting. If you are, you can access any online betting platform within your country. If an operator can operate in your country, they will hold the legal licenses required of them, meaning that they are entirely safe to use.
Can you bet on the Oscars in Vegas?
In the past, Oscars betting has not been featured in Vegas in any capacity. And while it still has no projected plans to include the Oscars in any betting capacity right now, that does not mean that it will not work in the future.
Who has won the most Oscars of all time?
Katharine Hepburn holds the title for the most Oscars won of all time. She has 4 Academy Awards and has been nominated a total of 12 different times for an Academy Award.
Do comedies ever win the Oscars?
The Oscars have a certain reputation surrounding them. Films that usually win the Oscars tend to be more serious in tone, aiming to say something about our society honestly. Because of this, not many comedies win the Oscars. Comedies that have won the Oscars in previous years tend to have their moments of severity still and aim to have some form of social commentary, such as Little Miss Sunshine or Arthur.